全球沥青市场规模：按产品类型、应用、地区和预测

全球沥青市场规模及预测

2024 年沥青市场规模价值为 927.6 亿美元，预计到 2032 年将达到 1,269.6 亿美元，2026 年至 2032 年的复合年增长率为 4.00%。

沥青是一种黑色、黏稠、半固体石油材料，主要用作道路和防水工程的黏合剂。它由复杂的碳氢化合物组成，具有耐用性、柔韧性和防水性。

沥青广泛用于道路铺设、沥青製造、屋顶材料等。除了基础设施用途外，它还用于密封和绝缘等工业製程。

虽然沥青的未来与道路网络的扩张和都市化，但沥青回收的可持续替代品和创新正在成为减少其对环境影响的主要趋势。

全球沥青市场动态

影响全球沥青市场的关键市场动态是：

关键市场驱动因素

道路基础设施计划的扩建：道路计划的扩建，尤其是在新兴经济体中，是沥青需求的主要驱动力。根据世界银行预测，到2040年全球基础设施投资将达到94兆美元，而道路将成为这一成长的关键部分。

都市化加快：快速的都市化增加了对住宅和基础设施的需求。联合国估计，到2050年，全球68%的人口将居住在都市区，这将刺激道路和建筑对沥青的需求。

政府对交通运输的投资：政府对道路维护和建设投入了大量资金。例如，美国政府根据《两党基础设施法案》已拨款1,100亿美元用于2021年高速公路维修和现代化建设，将推动沥青消费。

沥青生产技术的进步：沥青回收和聚合物改质沥青（PMB）的创新正在增加沥青在永续道路建设中的使用。据欧洲沥青路面协会称，每年使用的再生沥青超过 4,600 万吨，有助于实现更有效率、更环保的沥青生产。

主要问题

环境问题：沥青的生产和使用会导致温室气体排放，进而导致环境法规的加强。世界各国政府都在加强排放标准，并鼓励使用更环保的替代燃料，这对沥青产业提出了挑战。

油价波动：由于沥青来自原油，全球原油价格的波动会影响生产成本。价格波动造成市场不确定性，影响公司的利润率和长期规划。

永续性问题：沥青是不可再生的，因此存在永续性问题。随着产业转向更永续的材料，寻找环保、可再生替代品的压力越来越大，可能会限制未来对沥青的需求。

供应链中断：全球供应链中断，包括运输延误和原材料短缺，将影响沥青的供应和定价，特别是依赖进口建设计划的地区。

主要趋势

增加再生沥青的使用：从旧道路和屋顶材料中回收沥青因其环境效益而变得越来越流行。在美国和欧洲国家，沥青生产中使用20%以上的再生材料，既降低了成本，也减少了对环境的影响。

聚合物改质沥青（PMB）的发展：PMB 具有增强的耐久性、弹性和抗变形性，使其适用于高速公路和机场等高应力应用。这项技术创新正在迅速发展，尤其是在已开发国家。

转向生物基沥青：对传统沥青的生物基替代品的研究和开发正在获得动力。源自可再生资源的生物基沥青被认为是减少建筑计划碳排放的更永续的选择。

政府重视基础建设：世界各国政府，特别是亚太地区的开发中国家政府，正在加大基础建设投资，以推动对沥青的需求。例如，印度计划在「巴拉特马拉」计划下到2025年建造6万公里高速公路，将大幅增加沥青消费量。

目录

第一章 引言

• 市场定义
• 市场区隔
• 调查方法

第二章执行摘要

• 主要发现
• 市场概览
• 市集亮点

第三章市场概述

• 市场规模和成长潜力
• 市场趋势
• 市场驱动因素
• 市场限制
• 市场机会
• 波特五力分析

第四章 沥青市场（依产品种类）

• 铺路等级
• 硬质等级
• 氧化等级
• 沥青乳化剂
• 聚合物改质沥青

第五章 沥青市场（按应用）

• 道路建设
• 防水的
• 胶水

第六章区域分析

• 北美洲
• 美国
• 加拿大
• 墨西哥
• 欧洲
• 英国
• 德国
• 法国
• 义大利
• 亚太地区
• 中国
• 日本
• 印度
• 澳洲
• 拉丁美洲
• 巴西
• 阿根廷
• 智利
• 中东和非洲
• 南非
• 沙乌地阿拉伯
• 阿拉伯聯合大公国

第七章市场动态

• 市场驱动因素
• 市场限制
• 市场机会
• COVID-19 市场影响

第八章 竞争态势

• 主要企业
• 市场占有率分析

第九章 公司简介

• Royal Dutch Shell PLC
• Exxon Mobil Corporation
• Chevron Corporation
• Sinopec Corp
• China National Petroleum Corporation（CNPC）
• TotalEnergies SE
• BP plc
• Indian Oil Corporation Limited（IOCL）
• Petroleos Mexicanos（Pemex）
• NuStar Energy LP

第十章 市场展望与机会

• 新兴技术
• 未来市场趋势
• 投资机会

第十一章 市场展望 附录

• 简称列表
• 来源和参考文献

Global Bitumen Market Size And Forecast

Bitumen Market size was valued at USD 92.76 Billion in 2024 and is projected to reach USD 126.96 Billion by 2032, growing at a CAGR of 4.00% from 2026 to 2032.

Bitumen is a black, viscous, semi-solid form of petroleum used primarily as a binder in road construction and waterproofing. It is composed of complex hydrocarbons and provides durability, flexibility, and resistance to water.

Bitumen is widely applied in paving roads, producing asphalt, and in roofing materials. In addition to its use in infrastructure, it is also employed in industrial processes, such as sealing and insulating.

The future of bitumen is tied to the growth of road networks and urbanization, though sustainable alternatives and innovations in recycling bitumen are emerging as key trends in reducing environmental impacts.

Global Bitumen Market Dynamics

The key market dynamics that are shaping the global Bitumen Market include:

Key Market Drivers:

Growing Road Infrastructure Projects: The expansion of road networks, particularly in emerging economies, is a major driver for bitumen demand. According to the World Bank, global infrastructure investments are projected to reach $94 trillion by 2040, with roads being a significant part of this growth.

Rising Urbanization: Rapid urbanization is increasing the need for housing and infrastructure. By 2050, the United Nations estimates that 68% of the global population will live in urban areas, fueling demand for bitumen in roads and buildings.

Government Investments in Transportation: Governments are investing heavily in road maintenance and construction. For instance, the U.S. government allocated $110 billion in 2021 under the Bipartisan Infrastructure Law for repairing and modernizing highways, boosting bitumen consumption.

Technological Advancements in Bitumen Production: Innovations in bitumen recycling and polymer-modified bitumen (PMB) are increasing its usage in sustainable road construction. According to the European Asphalt Pavement Association, over 46 million tons of recycled asphalt are used annually, contributing to more efficient and eco-friendly bitumen production.

Key Challenges:

Environmental Concerns: Bitumen production and usage contribute to greenhouse gas emissions, leading to stricter environmental regulations. Governments worldwide are enforcing emissions standards and encouraging the use of greener alternatives, posing challenges to the bitumen industry.

Volatile Crude Oil Prices: Since bitumen is derived from crude oil, fluctuations in global oil prices impact production costs. Price volatility creates uncertainty in the market, affecting profit margins and long-term planning for companies.

Sustainability Issues: The non-renewable nature of bitumen raises sustainability concerns. Growing pressure to find eco-friendly and renewable alternatives could limit bitumen's future demand, as industries shift towards more sustainable materials.

Supply Chain Disruptions: Global supply chain disruptions, including shipping delays and raw material shortages, affect the availability and price of bitumen, especially in regions dependent on imports for their construction projects.

Key Trends:

Increased Use of Recycled Bitumen: Recycling bitumen from old roads and roofing materials is gaining popularity due to environmental benefits. Countries like the U.S. and those in Europe are using over 20% recycled materials in asphalt production, reducing both costs and environmental impact.

Development of Polymer-Modified Bitumen (PMB): PMB offers enhanced durability, elasticity, and resistance to deformation, making it a preferred choice for high-stress applications such as highways and airports. This innovation is growing rapidly, particularly in developed countries.

Shifts Towards Bio-Based Bitumen: Research and development in bio-based alternatives to traditional bitumen are gaining traction. Derived from renewable sources, bio-based bitumen is seen as a more sustainable option for reducing the carbon footprint of construction projects.

Government Focus on Infrastructure: Governments worldwide, particularly in developing regions like Asia-Pacific, are ramping up infrastructure investments, boosting the demand for bitumen. India, for example, aims to build 60,000 km of highways by 2025 under the Bharat Mala project, significantly driving bitumen consumption.

Global Bitumen Market Regional Analysis

Here is a more detailed regional analysis of the global Bitumen Market:

North America:

North America holds a dominant position in the global Bitumen Market, driven by significant infrastructure development projects and road construction activities. The U.S. government's commitment to upgrading the country's aging infrastructure through initiatives like the Infrastructure Investment and Jobs Act, which allocates $1.2 trillion for improvements, has increased demand for bitumen. Additionally, the rising use of bitumen in roofing applications, especially in regions prone to extreme weather conditions, further supports the market's dominance in North America.

The region benefits from well-established supply chains, extensive refinery operations, and technological advancements in bitumen modification and recycling. Canada, being a major producer of crude oil, also contributes to the stable supply of bitumen in the region. According to the U.S. Federal Highway Administration, about 94% of American roads are paved with asphalt, which is primarily derived from bitumen, underscoring the material's critical role in the regional construction industry. As a result, North America is expected to maintain its leadership position in the global Bitumen Market.

Asia Pacific:

Asia-Pacific is the fastest-growing region in the global Bitumen Market, largely due to rapid urbanization, economic development, and increasing investments in infrastructure projects, especially in emerging economies like China and India. According to India's Ministry of Road Transport and Highways, the country plans to construct 65,000 kilometers of national highways by 2025, significantly boosting demand for bitumen. Similarly, China's Belt and Road Initiative, aimed at expanding trade routes and improving infrastructure across Asia and beyond, further accelerates bitumen consumption.

Growing automotive industries in countries like Indonesia, Vietnam, and Thailand also contribute to the rising demand for bitumen in road construction. Furthermore, the region is witnessing increased adoption of modified bitumen for enhanced performance in high-temperature conditions, which is particularly important for tropical climates. Government initiatives such as China's "14th Five-Year Plan" focusing on infrastructure development and India's "Bharat Mala Pari yojana" highway project are driving the demand for bitumen, making Asia-Pacific a key growth market.

Global Bitumen Market: Segmentation Analysis

The Global Bitumen Market is segmented on the basis of Product Type, Application, and Geography.

Bitumen Market, By Product Type

• Paving Grade
• Hard Grade
• Oxidized Grade
• Bitumen Emulsions
• Polymer Modified Bitumen

Based on Product Type, The market is segmented into Paving Grade, Hard Grade, Oxidized Grade, Bitumen Emulsions, and Polymer Modified Bitumen. Paving Grade Bitumen is the dominant segment, driven by its extensive use in road construction, highways, and airport runways due to its durability and ability to withstand varying weather conditions. It accounts for a significant share of the market, as the majority of road infrastructure projects rely on this type. However, Polymer Modified Bitumen (PMB) is the fastest-growing segment, fueled by rising demand for high-performance bitumen in heavy-duty applications.

Bitumen Market, By Application

• Road Construction
• Waterproofing
• Adhesives

Based on Application, The market is segmented into Road Construction, Waterproofing, and Adhesives. Road Construction is the dominant segment, driven by the continuous demand for highway, road, and infrastructure projects across the globe. This segment holds the largest market share due to bitumen's essential role as a binder in asphalt for roads. On the other hand, the waterproofing segment is the fastest-growing, fueled by increasing demand in the construction of residential and commercial buildings.

Bitumen Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the World

Based on Geography, The Global Bitumen Market is segmented into North America, Europe, Asia Pacific, and Rest of World. North America holds a dominant position, driven by significant infrastructure development projects and road construction activities. The U.S. government's commitment to upgrading the country's aging infrastructure through initiatives like the Infrastructure Investment and Jobs Act, which allocates $1.2 trillion for improvements, has increased demand for bitumen. Asia-Pacific is the fastest-growing region in the global Bitumen Market, largely due to rapid urbanization, economic development, and increasing investments in infrastructure projects, especially in emerging economies like China and India.

Key Players

The "Global Bitumen Market" study report will provide valuable insight with an emphasis on the global market. The major players in the market Royal Dutch Shell PLC, Exxon Mobil Corporation, Chevron Corporation, Sinopec Corp, China National Petroleum Corporation (CNPC), TotalEnergies SE, BP plc, Indian Oil Corporation Limited (IOCL), Petroleos Mexicanos (Pemex), and NuStar Energy L.P.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis.

• Global Bitumen Market: Recent Developments
• In August 2024 Shell announced a collaboration with the King Abdullah Petroleum Studies and Research Center (KAPSARC) to conduct joint research on sustainable bitumen production. The partnership aims to enhance the environmental footprint of bitumen by exploring innovative methods to reduce emissions during production and application, aligning with global sustainability goals.
• In July 2024 TotalEnergies completed an expansion of its bitumen production facility in Gujarat, India. This move strengthens the company's presence in the fast-growing Indian infrastructure sector. The upgraded plant will increase production capacity to meet rising demand for high-performance bitumen products, particularly in road construction projects across the country.
• In June 2024 Nynas launched a new line of eco-friendly bitumen products designed to minimize environmental impact. The new range, developed using lower-emission technologies, targets road and roofing markets with a focus on improving durability while reducing the carbon footprint, aligning with industry trends toward sustainability.

TABLE OF CONTENTS

1. Introduction

• Market Definition
• Market Segmentation
• Research Methodology

2. Executive Summary

• Key Findings
• Market Overview
• Market Highlights

3. Market Overview

• Market Size and Growth Potential
• Market Trends
• Market Drivers
• Market Restraints
• Market Opportunities
• Porter's Five Forces Analysis

4. Bitumen Market, By Product Type

• Paving Grade
• Hard Grade
• Oxidized Grade
• Bitumen Emulsions
• Polymer Modified Bitumen

5. Bitumen Market, By Application

• Road Construction
• Waterproofing
• Adhesives

6. Regional Analysis

• North America
• United States
• Canada
• Mexico
• Europe
• United Kingdom
• Germany
• France
• Italy
• Asia-Pacific
• China
• Japan
• India
• Australia
• Latin America
• Brazil
• Argentina
• Chile
• Middle East and Africa
• South Africa
• Saudi Arabia
• UAE

7. Market Dynamics

• Market Drivers
• Market Restraints
• Market Opportunities
• Impact of COVID-19 on the Market

8. Competitive Landscape

• Key Players
• Market Share Analysis

9. Company Profiles

• Royal Dutch Shell PLC
• Exxon Mobil Corporation
• Chevron Corporation
• Sinopec Corp
• China National Petroleum Corporation (CNPC)
• TotalEnergies SE
• BP plc
• Indian Oil Corporation Limited (IOCL)
• Petroleos Mexicanos (Pemex)
• NuStar Energy L.P.

10. Market Outlook and Opportunities

• Emerging Technologies
• Future Market Trends
• Investment Opportunities

11. Appendix

• List of Abbreviations
• Sources and References