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Bitumen Market - Forecast(2021 - 2026)

Bitumen Market is forecast to reach $129.52 billion by 2025, after growing at a CAGR of 3.56% during 2020-2025. Bitumen is widely used as a binding organic material, made from the by-products of refined crude oil and soluble in carbon disulfide. It is a crucial component of the asphalt, which is used to build roads, streets and other parts of the infrastructure. The global demand for bitumen is rising due to the growing usage of bitumen in road construction, as it is easy to produce, non-toxic and reusable. Rapid growth in road construction activities with significant usage of bitumen for surfacing and paving purposes is a major growth factor for the bitumen industry during the forecast period. The report covers Bitumen Market size by type and applications, Bitumen Market share by top 5 companies and also the market share by start-ups during the forecast period. Report Coverage The report: “Bitumen Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the foll...