沥青市场 - 增长、趋势、COVID-19 的影响和预测 (2023-2028)
市场调查报告书
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1190101

沥青市场 - 增长、趋势、COVID-19 的影响和预测 (2023-2028)

Bitumen Market - Growth, Trends, and Forecasts (2023 - 2028)

出版日期: | 出版商: Mordor Intelligence | 英文 150 Pages | 商品交期: 2-3个工作天内

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简介目录

到 2020 年,沥青市场预计将超过 1 亿吨,预计在预测期内 (2022-2027) 将以超过 4% 的复合年增长率增长。

2020 年市场受到 COVID-19 的影响,但 2021 年将录得正增长。 国际货币基金组织 (IMF) 预测 2020 年全球 GDP 增长率为-4.9%。 但是,预计 2021 年将增长 5.4%。 此外,建筑业的表现预计会受到适度影响,因为相对较大的社会阶层的收入受到影响,从而对货币流动性产生影响,这可能会影响所研究的市场。 道路和建筑建设领域的投资下降将导致沥青在道路建设、建筑屋顶和地下室防水、密封剂、填料和粘合剂等应用中的消耗量减少,从而对沥青市场产生负面影响。影响。

主要亮点

  • 短期内,道路建设和维修活动的增加以及商业和国内建筑行业对沥青作为填料、粘合剂和密封剂的需求增加,预计将推动沥青市场的增长。. 例如,几项大型基础设施建设投资也在中东国家引起关注,截至 2020 年 2 月,约有 1,069 个道路项目在建,这预计将增加道路建设和维修活动的市场需求。
  • 有关沥青的环境问题日益严重以及 COVID-19 的影响造成的不利条件阻碍了市场的增长。
  • 改善道路基础设施的沥青加工研发以及 Shell Carifalt 和 Shellmex Phalt 等高性能沥青产品的开发有望在未来几年为市场带来机遇。
  • 预计亚太地区将主导市场,并且在预测期内也可能保持最高的复合年增长率。 预计亚太地区建筑活动的强劲增长也将在预测期内推动市场增长。

沥青市场趋势

道路建设增加导致需求增加

  • 消耗的大部分沥青被加工成用于道路建设的沥青。 沥青是岩石骨料和柏油的混合物。 沥青充当粘合剂并有助于沥青的稳定性。
  • 根据沥青的类型和混合物的成分,沥青可以为不同的气候条件和不同的运营水平建造道路。 它还用于机场跑道、停车场和港口工作区。
  • 随着城市化进程和第二产业的发展,预计亚太地区新兴经济体的基础设施建设将取得重大进展,尤其是交通运输领域。 此外,日益繁荣的经济正在推动交通和製造业等消费行业的基础设施融资,这些行业供应和分销消费品的原材料。
  • 2021 年,印度将建设 13298 公里的高速公路。 2021 年 6 月,道路、运输和公路部建设了 2,284 公里的国道,而 2020 年 6 月为 1,681 公里。
  • 根据 NIP,印度在基础设施方面的投资预算为 1.4 万亿美元,其中 19% 用于道路和高速公路。 近日,印度通过预算,拟建设德里-孟买工业走廊、阿姆里察-加尔各答工业走廊、维扎格-钦奈工业走廊、班加罗尔-钦奈工业走廊和班加罗尔-孟买工业走廊等7条工业走廊。 这些项目计划于 2025 年 3 月完成,但预计未来对沥青的需求将增加。
  • 由于这些因素,预测期内全球沥青市场可能会增长。

预计亚太地区将主导市场

  • 全球市场份额由亚太地区主导。 在亚太地区,中国是最大的经济体并保持高增长,但随着人口老龄化和经济从投资向消费、从製造业向服务业、从外需向内需的再平衡,其增速正在逐渐下降。
  • 住宅行业强劲復苏,但写字楼、零售和物流行业的表现喜忧参半。 一线城市(北京、上海、深圳等)的写字楼市场总体表现良好,在信息技术(IT)和金融行业的推动下,写字楼需求持续强劲。
  • 印度拥有世界第二大公路网,总长度为 589 万公里。 公路网承载了全国 64.5% 的货运量和印度 90% 的客运量使用公路网进行通勤。 道路交通量逐年增加,刺激了对沥青的需求。
  • 2020 年,印度国家公路总里程约为 134,400 公里,目标是到 2025 年再增加 60,000 公里,这可能会刺激该国沥青市场的需求。
  • 该国未来计划的主要项目包括德里-孟买工业走廊、Bharatmala 项目、古吉拉特邦国际金融科技城 (GIFT)、智能城市科钦和新孟买国际机场。预计将增加需求。
  • Bharatmala Pariyojana 的第一阶段已获准在 5 年内建设 34,800 公里的国道,耗资 5,350,000 卢比(765.5 亿美元)。 根据该计划,正在建设 22 个绿地项目(长 8,000 公里),价值 32.6 亿卢比(439.4 亿美元)。 这些项目被排除在外,以刺激对沥青的需求。
  • 由于这些因素,预计该地区的沥青市场在预测期内将快速增长。

沥青市场竞争分析

沥青市场是分散的,没有占据压倒性市场份额的主要参与者。 市场上的主要参与者包括埃克森美孚公司、荷兰皇家壳牌公司、英国石油公司、尼纳斯公司、中国石油化工股份有限公司等。

其他好处

  • Excel 格式的市场预测 (ME) 表
  • 三个月的分析师支持

内容

第一章介绍

  • 调查先决条件
  • 调查范围

第二章研究方法论

第 3 章执行摘要

第四章市场动态

  • 司机
    • 增加道路建设和维修
    • 商业设施和住宅建筑的需求
  • 约束因素
    • 环境问题
    • COVID-19 影响造成的不利情况
  • 工业价值链分析
  • 波特的五力分析
    • 供应商的议价能力
    • 消费者的议价能力
    • 新进入者的威胁
    • 替代品的威胁
    • 竞争程度

第 5 章市场细分

  • 按产品类型
    • 铺路等级
    • 硬级
    • 氧化等级
    • 沥青乳液
    • 聚合物改性沥青
    • 其他产品类型
  • 通过使用
    • 道路
    • 防水
    • 粘合剂
    • 其他用途
  • 按地区
    • 亚太地区
      • 中国
      • 印度
      • 日本
      • 韩国
      • 东盟国家
      • 其他亚太地区
    • 北美
      • 美国
      • 加拿大
      • 墨西哥
    • 欧洲
      • 德国
      • 英国
      • 意大利
      • 法国
      • 俄罗斯
      • 其他欧洲
    • 南美洲
      • 巴西
      • 阿根廷
      • 其他南美洲
    • 中东和非洲
      • 沙特阿拉伯
      • 南非
      • 其他中东和非洲地区

第六章竞争格局

  • 併购、合资企业、联盟、合同
  • 市场份额**/排名分析
  • 主要参与者采用的策略
  • 公司简介
    • ATDM CO. LTD
    • Bouygues
    • BP PLC
    • BMI Group
    • China Petroleum & Chemical Corporation
    • ENEOS Corporation
    • Exxon Mobil Corporation
    • Indian Oil Corporation Ltd
    • KRATON CORPORATION
    • Marathon Petroleum Corporation
    • Nynas AB
    • Royal Dutch Shell PLC
    • Suncor Energy Inc.

第七章市场机会与未来趋势

  • 开发沥青加工技术以提高道路基础设施的质量
简介目录
Product Code: 46737

The bitumen market was estimated at over 100 million metric ton in 2020, and the market is projected to register a CAGR of more than 4 % during the forecast period (2022-2027).

The market was negatively impacted by COVID-19 in 2020 and it recorded positive growth rate in 2021 . According to the International Monetary Fund (IMF) projections, the global GDP growth was projected to be -4.9% in 2020. However, in 2021, global growth is projected at 5.4%. Moreover, the performance of the construction sector is projected to be affected moderately due to the impact on the liquidity of money as a result of affected income of a relatively larger section of the society, which is expected to affect the market studied. Declining investments in the road and building construction segment led to a decrease in the consumption of bitumen in applications like road construction, waterproofing of building roof and basement, sealant, filler, and adhesive, which in turn, negatively impacted the bitumen market.

Key Highlights

  • Over the short term, increasing road construction and repair activities and increasing demand for bitumen as filler, adhesive, and sealant from the commercial and domestic building construction sectors are expected to drive the bitumen market's growth. For instance, several major infrastructure construction investments are also noticed in Middle Eastern countries, where about 1,069 road projects were underway as of February 2020, which is likely to enhance the market demand for road construction and repair activities.
  • Increasing environmental concerns regarding bitumen and unfavorable conditions arising due to the impact of COVID-19 are hindering the market's growth.
  • R&D on bitumen processing to improve road infrastructure and development of high-performance bitumen products like shell cariphalte, shell mexphalte, and others are likely to create opportunities for the market in the coming years.
  • The Asia-Pacific region is expected to dominate the market, and it is also likely to witness the highest CAGR during the forecast period. Robust growth in construction activities in the Asia-Pacific region is also expected to drive the market growth in the forecast period.

Bitumen Market Trends

Increasing Demand Due to Increasing Road Construction Activities

  • Most of the bitumen consumed is processed into asphalt for road construction. Asphalt is a mixture of rock aggregates and bitumen. Bitumen serves as a binding agent and is responsible for the stability of asphalt.
  • Depending on the type of bitumen or composition of the mixture used, asphalt roads can be made suitable for regions with different climatic conditions or various levels of operational demands. Asphalt is also used for airport runways, parking decks, and working areas in ports.
  • In developing economies in Asia-Pacific, infrastructure activities are expected to increase significantly, especially in the transportation sector, owing to increasing urbanization and shifting focus toward developing secondary sectors in these countries. Furthermore, increasing economic prosperity is driving the infrastructure financing toward consumer sectors, including transportation and manufacturing, which provide and distribute raw materials for consumer goods.
  • In 2021, 13,298 kms of highway was constructed across India. In June 2021, the Ministry of Road Transport and Highways constructed 2,284 kms of national highways compared with 1,681 kms in June 2020.
  • Under NIP, India has an investment budget of USD 1400 billion on infrastructure 19% on roads & highways. India's recently passed budget to develop seveal industrial corridors which includes Delhi-Mumbai Industrial Corridor, Amritsa-Kolkatta Industrial Corridor, Vizag-Chennai Industrial Corridor, Bengaluru-Chennai Industrial Corridor and Bengaluru-Mumbai Industrial Corridor.These projects excepted to completed by March 2025, which are expected to increase the demand for bitumen in the coming years.
  • Owing to all these factors, the bitumen market is likely to grow globally during the forecast period.

The Asia-Pacific Region is Expected to Dominate the Market

  • The Asia-Pacific region dominated the global market share. In Asia-Pacific, China is the largest economy, and the growth in the country remains high, but it is gradually diminishing as the population is aging and the economy is rebalancing from investment to consumption, manufacturing to services, and external to internal demand.
  • While the residential sector is enjoying a strong recovery, the results for the office, retail, and logistics sectors have been mixed. The office markets in Tier 1 cities (including Beijing, Shanghai, and Shenzhen) generally remain healthy and continue to enjoy strong demand for office space, driven by the information technology (IT) and finance sectors.
  • India has the second-largest road network in the world, spanning a total of 5.89 million kilometres (kms). This road network transports 64.5% of all goods in the country and 90% of India's total passenger traffic uses road network to commute. Road transportation has gradually increased over the years, which in turn, stimulates the demand for bitumen.
  • In 2020, the total length of national highways in India was around 1,34,400 kilometers, and the aim is to add another 60,000 kilometers by 2025, which is likely to stimulate the demand in the bitumen market in the country.
  • The major upcoming projects in the country that are likely to increase the demand for bitumen are the Delhi-Mumbai Industrial Corridor, Bharatmala Project, Gujarat International Finance Tec-City (GIFT), Smart City Kochi, and Navi Mumbai International Airport.
  • Under Phase-I of Bharatmala Pariyojana, the Ministry has approved implementation of 34,800 km of national highways in 5 years with an outlay of Rs. 5,35,000 crore (US$ 76.55 billion). Under this scheme, 22 greenfield projects (8,000 kms length) are being constructed; this is worth Rs. 3.26 lakh crore (US$ 43.94 billion). These projects are excepted to stimulate the demand for bitumen.
  • Due to all such factors, the market for bitumen in the region is expected to have rapid growth during the forecast period.

Bitumen Market Competitive Analysis

The bitumen market is fragmented with no major players having a dominant share in the market. Some of the major players in the market include Exxon Mobil Corporation, Royal Dutch Shell PLC, BP PLC, Nynas AB, and China Petroleum & Chemical Corporation, among others.

Additional Benefits:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Increasing Road Construction and Repair Activities
    • 4.1.2 Demand from Commercial and Domestic Building Constructions
  • 4.2 Restraints
    • 4.2.1 Environmental Concerns
    • 4.2.2 Unfavorable Conditions Arising due to the Impact of COVID-19
  • 4.3 Industry Value Chain Analysis
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Consumers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products and Services
    • 4.4.5 Degree of Competition

5 MARKET SEGMENTATION

  • 5.1 By Product Type
    • 5.1.1 Paving Grade
    • 5.1.2 Hard Grade
    • 5.1.3 Oxidized Grade
    • 5.1.4 Bitumen Emulsions
    • 5.1.5 Polymer Modified Bitumen
    • 5.1.6 Other Product Types
  • 5.2 By Application
    • 5.2.1 Road Construction
    • 5.2.2 Waterproofing
    • 5.2.3 Adhesives
    • 5.2.4 Other Applications
  • 5.3 Geography
    • 5.3.1 Asia-Pacific
      • 5.3.1.1 China
      • 5.3.1.2 India
      • 5.3.1.3 Japan
      • 5.3.1.4 South Korea
      • 5.3.1.5 ASEAN Countries
      • 5.3.1.6 Rest of Asia-Pacific
    • 5.3.2 North America
      • 5.3.2.1 United States
      • 5.3.2.2 Canada
      • 5.3.2.3 Mexico
    • 5.3.3 Europe
      • 5.3.3.1 Germany
      • 5.3.3.2 United Kingdom
      • 5.3.3.3 Italy
      • 5.3.3.4 France
      • 5.3.3.5 Russia
      • 5.3.3.6 Rest of Europe
    • 5.3.4 South America
      • 5.3.4.1 Brazil
      • 5.3.4.2 Argentina
      • 5.3.4.3 Rest of South America
    • 5.3.5 Middle-East and Africa
      • 5.3.5.1 Saudi Arabia
      • 5.3.5.2 South Africa
      • 5.3.5.3 Rest of Middle-East and Africa

6 COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share**/Ranking Analysis
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 ATDM CO. LTD
    • 6.4.2 Bouygues
    • 6.4.3 BP PLC
    • 6.4.4 BMI Group
    • 6.4.5 China Petroleum & Chemical Corporation
    • 6.4.6 ENEOS Corporation
    • 6.4.7 Exxon Mobil Corporation
    • 6.4.8 Indian Oil Corporation Ltd
    • 6.4.9 KRATON CORPORATION
    • 6.4.10 Marathon Petroleum Corporation
    • 6.4.11 Nynas AB
    • 6.4.12 Royal Dutch Shell PLC
    • 6.4.13 Suncor Energy Inc.

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Technological Development of Bitumen Processing to Improve Road Infrastructure Quality