中国沥青市场评估：依类型[铺路沥青、氧化沥青、聚合物改质沥青、其他]、应用[道路建设、防水、黏合剂、其他]、地区、机会及预测（2018-2032）

预计2025年至2032年，中国沥青市场将以4.12%的复合年增长率成长，从2024年的198.4亿美元成长至2032年的274亿美元。这主要得益于政府对基础设施和房地产项目的大量投资，例如道路建设中沥青的应用，以及对高品质铺路材料的持续需求。预计在预测期内，中国沥青市场将实现显着成长，这主要得益于 "一带一路" 倡议等国家战略举措以及交通网络的持续扩张。

中国经济的快速发展和广大的国土面积造就了完善的交通基础设施，从而产生了稳定且旺盛的沥青需求。中国政府正致力于发展包括国道和地方公路在内的交通网络。这种对提升互联互通的重视推动了国家道路建设和养护方面的投资计画。此外，涵盖住宅、商业和工业项目的建筑业成长也带动了沥青在防水和黏合应用方面需求的增加。主要国营企业的国内产能，加上特种沥青的进口，确保了稳定的供应，满足市场需求。这些因素共同支撑了中国沥青市场的蓬勃发展。

例如，截至2025年7月，中国已提前实现了 "十四五" 规划17项主要目标中的6项，比原定的2024年10月截止日期提前完成，在国家交通网络建设方面取得了显着进展。高速公路网总里程已达19万公里，当地公路网总里程已达464万公里。超过50万个铺设了公路的村庄已透过高速公路网连接起来。自2021年以来，该基础建设项目已累计投资约2.1兆美元。互联互通和物流的加强，提升了服务现代化水平，提高了人民生活质量，尤其是在农村地区。交通部已声明将继续优先推进一体化和智慧交通建设。

目录

第一章：专案范围与定义

第二章：研究方法

第三章：美国关税的影响

第四章：摘要整理

第五章：客户之声

• 受访者人口统计资料
• 购买决策考量因素
• 未满足的需求

第六章 中国沥青市场展望（2018-2032）

• 市场规模分析与预测
  • 以价值计算
  • 依销量计算
• 市占率分析与预测
  • 依类型
    • 铺路沥青
    • 氧化级沥青
    • 聚合物改质沥青
    • 其他
  • 依应用
    • 道路建设
    • 防水
    • 黏合剂
    • 其他
  • 依地区
    • 南部
    • 东部
    • 北部
    • 东北部
    • 中部
    • 西南部
    • 西北部
  • 公司市占率分析
• 2024年市场地图分析
  • 依类型
  • 依应用
  • 依地区

第七章需求与供给分析

第八章：进出口分析

第九章：价值链分析

第十章：波特五力分析

第十一章：PESTLE分析

第十二章：定价分析

第十三章：市场动态

• 市场推动因素
• 市场挑战

第十四章：市场趋势与发展

第十五章：竞争格局

• 前五大竞赛矩阵
• 前五名SWOT分析
• 七大主要市场参与者
  • 中国国家石油公司
    • 公司简介
    • 主要管理人员
    • 产品
    • 财务资讯（已公布）
    • 主要市场及地理扩张
    • 近期发展/合作伙伴关係/合作/併购
  • 中国石化集团公司
  • 中国海洋石油总公司
  • 济南沥青化工股份有限公司
  • 壳牌（中国）有限公司
  • 中国振华石油股份有限公司
  • 中国化工集团有限公司

以上公司排名并非依市占率排序，且可能根据研究过程中所获得的资讯进行调整。

第十六章：策略建议

第十七章：关于研究公司及免责声明

China bitumen market is projected to witness a CAGR of 4.12% during the forecast period 2025-2032, growing from USD 19.84 billion in 2024 to USD 27.40 billion in 2032, driven by extensive government investments in infrastructure and real estate projects, such as use of bitumen in road construction, and the ongoing demand for high quality paving materials. The market for bitumen in China is anticipated to have a remarkable rise during the forecast period, which is mainly attributed to the nation's strategic initiatives like the Belt and Road Initiative (BRI) and the continuous expansion of its transportation networks

The increase in economic development and the large geographical area of China provide, a robust transportation infrastructure, leading to consistent and high demand for bitumen. The Chinese government focuses on developing connectivity, which includes national highways and rural roads. The focus on developing connectivity drives the investment plans in road construction and maintenance procedures in the country. Additionally, the growing construction sector, covering residential, commercial, and industrial projects, increases the demand for bitumen in waterproofing and adhesive applications. The domestic production capabilities of the major state-owned enterprises, combined with the import of specialized grades, ensure a steady supply as per market needs. These factors collectively underscore the dynamic growth trajectory of the China bitumen market.

For instance, in July 2025, China made considerable advancements in the national transportation network by accomplishing six out of seventeen key 14th Five-Year Plan objectives ahead of the October 2024 deadline. The country's expressway network has reached a length of 0.19 million kilometers, while the entire rural road system has risen to 4.64 million kilometers. The network of expressways has successfully linked more than 500,000 villages that have paved roads. This infrastructure initiative has received about USD 2.1 trillion in investments since 2021. It is modernizing services and improving the quality of life, especially in rural areas, by enhancing connectivity and logistics. The Ministry of Transport has said it will keep focusing on further integration and smart upgrades in the future.

Infrastructure Development Driving the China Bitumen Market

The nation's high-priority infrastructure development primarily drives the demand for bitumen in the Chinese market. This involves massive, government-funded road construction projects which aim at expanding and modernizing China's extensive highway and urban road systems. Bitumen, as a key component of asphalt, is indispensable for these projects. Beyond roads, demand is also driven by major construction projects in airports, bridges, and tunnels, where bitumen's ability to bind and waterproof is essential. Initiatives like the "Belt and Road Initiative" increase demand by involving large infrastructure projects both in China and other countries globally. The initiatives have been considered based on the initiative's routes, where Chinese companies often participate, sourcing materials from domestic suppliers. This ongoing investment in the infrastructure creates a steady and robust market for bitumen.

As of November 2024, China's rural roads have expanded significantly, reaching a total length of 4.6 million kilometres by the end of 2023, a 21.7% increase over the past decade. This network of county, township, and village roads supports rural renewal by improving access, connectivity, and livelihoods. In the last 10 years, China has spent about USD 598 billion on rural road infrastructure, mainly through public funding and combined financial methods. Looking ahead, upgrades will focus on integrating transportation with tourism, logistics, and postal services to further enhance rural modernization.

Growing Urbanization and Industrialization Driving the China Bitumen Market

China has become stronger and more serious in urbanization and rapid industrialization, which acts as a significant catalyst propelling the growth of its bitumen market. As many people move from rural areas to cities, the need for new homes, business spaces, and supporting infrastructure also grows. This includes building new roads, bridges, and public transportation systems. Accelerated urbanization and industrial expansion are directly contributing to heightened bitumen demand across China. This growth necessitates are extensive use of bitumen as a key product for different applications, including large-scale road paving to support urban sprawl, waterproofing for rapidly constructed buildings, and the establishment of robust road networks within new industrial parks and logistical hubs for efficient freight transport.

For instance, in December 2023, Guangdong Province outlined five new city clusters, including Shenzhen, Guangzhou, Shanchaojie, Zhanmao, and the west coast of the Pearl River Estuary, which are a few cities that drive high-quality development. These clusters of cities in China Guangdong province basically rely on significant infrastructure investments, which include roads, ports, and transport hubs, to enhance connectivity across the Pearl River Delta and beyond. Guangzhou is poised to become a global transportation hub, thanks to its well-developed airport and port facilities. At the same time, Shenzhen is estimated to evolve into one of the modern metropolises with advanced infrastructure. The plan emphasizes the expansion of roads and infrastructure as a cornerstone for regional integration, urbanization, and sustainable economic growth. The development will drive road and infrastructure development, which will, in turn, increase the demand for bitumen in the country.

Road Construction Segment is Anticipated to Propel the Growth of the Market

The Road Construction segment is poised to emerge as the key growth driver for the China bitumen market. Underpinning its trajectory with substantial and consistent demand. Bitumen is an important raw material used for building and maintaining roads, highways, and expressways. It acts as one of the binding agents in asphalt mixes. China's colossal and ever-expanding road network, coupled with ambitious government plans for further infrastructure development, ensures that this application area remains a dominant one. Factors such as the need for new roads to support urbanization, the upgrading of existing infrastructure, and routine maintenance of vast stretches of highways all contribute significantly to bitumen consumption in this segment. The durability and the cost effectiveness of bitumen materials to reinforce the roads, positioning its construction as the primary force shaping the future of China's bitumen market.

Future Market Scenario (2025 - 2032F)

The continuous drive for infrastructure modernization, particularly in road networks, is expected to sustain high demand for bitumen across China. Adoption of Polymer Modified Bitumen (PMB) which enhances road durability and performance, will create new opportunities in the market. Stringent quality standards and environmental regulations will drive innovation towards more sustainable and efficient methods of bitumen production and application. The expansion of urbanization into lower-tier cities will fuel further demand for bitumen in new construction and infrastructure development.

Key Players Landscape and Outlook

China bitumen market is characterized by the strong presence of state-owned enterprises and a growing focus on specialty bitumen products. Domestic key players of China play a dominant role in the China bitumen market. Factors such as supply for large landscapes, leveraging extensive refining process capabilities and mass distribution networks drive the market for key players of China. International players maintain a significant presence, particularly in the premium and modified bitumen segments, bringing advanced technologies and specialized formulations. Looking ahead, the bitumen market is likely to grow by the nation's ambitious infrastructure agenda and rising emphasis on higher-performance bitumen products that enhance durability and longevity of constructions. Technological advancements will focus on developing sustainable and eco-friendly bitumen solutions, as well as innovations in polymer modification. The use of asphalt in new applications and regional development initiatives will create further opportunities. The market will continue to grow in the coming years, driven by increasing demand for quality and sustainability. Players who can offer innovative solutions and robust supply chains will gain a competitive edge.

For instance, in September 2025, Sinopec launched a significant upgrade of its integrated refining and petrochemical project in Xinjiang, which will raise crude oil refining capacity from 5 million to 8.5 million tons annually. This large-scale expansion includes multiple refining units designed to increase the production of refined fuels, which are key inputs for bitumen production used in road and infrastructure development. The project is expected to be completed by 2029. The bitumen plant is expected to boost production efficiency, improve resource use, and ensure long-term sustainability in producing petroleum products, including bitumen. This project will not only enhance Sinopec's refining capacity but also help meet the increasing demand from China's infrastructure and construction

Table of Contents

1. Project Scope and Definitions

2. Research Methodology

3. Impact of U.S. Tariffs

4. Executive Summary

5. Voice of Customer

• 5.1. Respondent Demographics
• 5.2. Factors Considered in Purchase Decision
• 5.3. Unmet Needs

6. China Bitumen Market Outlook, 2018-2032F

• 6.1. Market Size Analysis & Forecast
  • 6.1.1. By Value
  • 6.1.2. By Volume
• 6.2. Market Share Analysis & Forecast
  • 6.2.1. By Type
    • 6.2.1.1. Paving Grade Bitumen
    • 6.2.1.2. Oxidized Grade Bitumen
    • 6.2.1.3. Polymer Modified Bitumen
    • 6.2.1.4. Others
  • 6.2.2. By Application Type
    • 6.2.2.1. Road Construction
    • 6.2.2.2. Waterproofing
    • 6.2.2.3. Adhesives
    • 6.2.2.4. Others
  • 6.2.3. By Region
    • 6.2.3.1. South
    • 6.2.3.2. East
    • 6.2.3.3. North
    • 6.2.3.4. Northeast
    • 6.2.3.5. Central
    • 6.2.3.6. Southwest
    • 6.2.3.7. Northwest
  • 6.2.4. By Company Market Share Analysis (Top 5 Companies and Others - By Value, 2024)
• 6.3. Market Map Analysis, 2024
  • 6.3.1. By Type
  • 6.3.2. By Application Type
  • 6.3.3. By Region

7. Demand Supply Analysis

8. Import and Export Analysis

9. Value Chain Analysis

10. Porter's Five Forces Analysis

11. PESTLE Analysis

12. Pricing Analysis

13. Market Dynamics

• 13.1. Market Drivers
• 13.2. Market Challenges

14. Market Trends and Developments

15. Competitive Landscape

• 15.1. Competition Matrix of Top 5 Market Leaders
• 15.2. SWOT Analysis for Top 5 Players
• 15.3. Key Players Landscape for Top 7 Market Players
  • 15.3.1. China National Petroleum Corporation
    • 15.3.1.1. Company Details
    • 15.3.1.2. Key Management Personnel
    • 15.3.1.3. Products
    • 15.3.1.4. Financials (As Reported)
    • 15.3.1.5. Key Market Focus and Geographical Presence
    • 15.3.1.6. Recent Developments/Collaborations/Partnerships/Mergers and Acquisitions
  • 15.3.2. China Petroleum & Chemical Corporation
  • 15.3.3. China National Offshore Oil Corporation
  • 15.3.4. Jinan Bitumen & Asphalt Chemical Co., Ltd.
  • 15.3.5. Shell (China) Co., Ltd.
  • 15.3.6. China ZhenHuaOil Co., Ltd.
  • 15.3.7. Sinochem Group Co., Ltd.

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.

16. Strategic Recommendations

17. About Us and Disclaimer

List of Tables

• Table 1. Competition Matrix of Top 5 Market Leaders
• Table 2. Mergers & Acquisitions/ Joint Ventures (If Applicable)
• Table 3. About Us - Regions and Countries Where We Have Executed Client Projects

List of Figures

• Figure 1. China Bitumen Market, By Value, In USD Billion, 2018-2032F
• Figure 2. China Bitumen Market, By Volume, In Thousand Tons, 2018-2032F
• Figure 3. China Bitumen Market Share (%), By Type, 2018-2032F
• Figure 4. China Bitumen Market Share (%), By Application Type, 2018-2032F
• Figure 5. China Bitumen Market Share (%), By Region, 2018-2032F
• Figure 6. By Type Map-Market Size (USD Billion) & Growth Rate (%), 2024
• Figure 7. By Application Type Map-Market Size (USD Billion) & Growth Rate (%), 2024
• Figure 8. By Region Map-Market Size (USD Billion) & Growth Rate (%), 2024