Transparency Market
Research
Global Bitumen Market - Industry Analysis, Size, Share,
Growth, Trends and Forecast, 2014 - 2020
Published Date
09-Sept-2014
102 Page Report
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Press Release
Global Bitumen Market to reach US$93.38 bn Driven by
Growing Rate of Use in Roadwork Construction : TMR
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Global Bitumen Market
REPORT DESCRIPTION
Global Bitumen Market - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020
The global bitumen market will expand at a CAGR of 3.90% from 2014 to 2020. The market was valued at
US$71.44 bn in 2013. It is expected to reach US$93.38 bn by the end of 2020, according to a research report
released by Transparency Market Research. The report titled “Global Bitumen Market - Industry Analysis,
Size, Share, Growth, Trends and Forecast, 2014 - 2020” is now available on the company website for sale.
Browse the full Global Bitumen Market (Paving Bitumen, Oxidized Bitumen, Cutback Bitumen, Bitumen
Emulsion, Polymer Modified Bitumen and Others) for Roadways, Waterproofing, Adhesives, Insulation
and Other Applications - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020
report at : http://www.transparencymarketresearch.com/bitumen-market.html
According to the report, the global bitumen market is primarily driven by the growing rate of use in construction
of roadways around the world. The report states that there is a rapid increase in the rate of creation of
roadways and other related activities, creating a high demand for the global bitumen market. Polymer modified
bitumen, a type of bitumen, is highly preferred due to the advantages it provides, such as high porosity, high
skid resistance, and low noise. All three properties are the most sought-after ones in the global roadways
industry, giving PMB an advantage...