The global eco-friendly bitumen market size is expected to reach USD 118.98 thousand in 2021 and register a revenue CAGR of 3.9% over the forecast period, according to latest analysis by Emergen Research. Rising concerns regarding the sustainability of roads and rapid development in global roadway and highway construction activities are some key factors driving eco-friendly bitumen market revenue growth. Eco-friendly bitumen has been proving to be very environment-friendly as opposed to crude oil derivatives. Since the substance is not burnt, it emits no carbon dioxide into the atmosphere and can be recycled and reused, which makes it eco-friendly as well as cost-effective. Cost benefits associated with eco-friendly bitumen is expected to boost demand in the building and construction industry, which will further drive revenue growth of the market to a significant extent during the forecast period.
The latest report offers a profound analysis of the present market scenario, its key product types, end-user landscape, application outlook, leading regions, competitive terrain, and the leading companies’ detailed profiles. The study performs a historical assessment of the Eco Friendly Bitumen from 2017 to 2018, focusing on the market trends, revenue share, growth rate, production capacity, pricing structure, and other vital aspects during that period. The report emphasizes the demands and ongoing trends of the global Eco Friendly Bitumen market, more importantly, across the major regions of the market. Additionally, our analysts have included SWOT analysis and Porter’s Five Forces analysis in the report to offer a better understanding of the competitive spectrum of this ever-evolving industry.
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The leading market contenders listed in the report are:
American Gilsonite Company, Shell plc, Agarwal Industrial Corporation Limited, Bharat Petroleum Corporation Ltd., ATDM CO. LTD, Avello Bioenergy, Cosmique Pvt. Ltd., Jalnidhi Bitumen Specialities Pvt. Ltd., CEMEX S.A.B. de C.V., and Mamz Asphalt Technologies (Pvt) Ltd
Key reasons to buy the Global Eco Friendly Bitumen Market report:
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
- The latest report comprehensively studies the global Eco Friendly Bitumen market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
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Market Segmentations of the Eco Friendly Bitumen Market
Source Outlook (Revenue, USD Thousand, Volume, Kilotons, 2019–2030)
- Bio-Based Bitumen
- Recycled Bitumen
- Natural Bitumen
Grade Outlook (Revenue, USD Thousand, Volume, Kilotons, 2019–2030)
- Paving Grade Bitumen
- Oxidized Bitumen
- Hard Grade Bitumen
- Others
Application Outlook (Revenue, USD Thousand, Volume, Kilotons, 2019–2030)
- Construction
- Waterproofing
- Paints and Coatings
- Others
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Regional Outlook of the Eco Friendly Bitumen Market
The global Eco Friendly Bitumen market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Eco Friendly Bitumen market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
Key reasons to buy the Global Eco Friendly Bitumen Market report:
- The latest report comprehensively studies the global Eco Friendly Bitumen market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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