Know More About The Bitumen Types And Applications
Bitumen is a dark, sticky, and highly viscous petroleum-based hydrocarbon formed during the distillation of crude oil. It is composed of complex hydrocarbon molecules such as asphaltenes and hydrocarbon resins as well as metal and non-metal elements such as vanadium, nickel, calcium, sulfur, iron, nitrogen, oxygen, etc. Bitumen is primarily used in paving roads as it is easy to produce, non-toxic, and reusable. It has a low melting point of 240 degrees Fahrenheit, making it more convenient to heat and melt the asphalt during the recycling process. It is also used in waterproofing applications, roof shingles, stucco boards, wallboards, etc.
Bitumen
Construction
of roadways and pavements continuous to remain the most significant application
of bitumen. Bitumen is increasingly consumed by the civil engineering sector to
create asphalt concrete. It is the chief construction material used in the
construction of roadways, airport runways, taxiways, paved crossings, freight
yards, bridge decks, driveways, etc. Expansion of road networks, construction
of new motorways, as well as repair works of the existing roads are anticipated
to drive the demand for bitumen in the forecast period.
The growing
demand for modified bitumen with altered properties such as higher fatigue life
and better elastic and tensile strength is expected to support the growth of
the bitumen market. The use of bitumen in waterproofing applications, caulking
compounds, acoustic blocks, and as adhesives in the furniture and wood industry
will further propel the sales of bitumen. The growing concerns over climate
change and global warming has led to significant demand for non-petroleum based
bitumen substitutes based on renewable raw materials such as lignin and oil
plants.
The
"Global Bitumen Market Analysis to 2027" is a specialized and
in-depth study of the chemicals and materials industry with a special focus on
the global market trend analysis. The report aims to provide an overview of the
bitumen market with detailed market segmentation by type, end-use industry, and
geography. The global bitumen market is expected to witness high growth during
the forecast period. The report provides key statistics on the market status of
the leading bitumen market players and offers key trends and opportunities in
the market.
The global
bitumen market is segmented on the basis of type and end-use industry.
On the basis of type
Paving Grade
Bitumen
Hard Grade
Bitumen
Oxidized
Grade Bitumen
Polymer
Modified Bitumen
Bitumen
Emulsions.
On The Basis Of End-Use
Road
Construction
Waterproofing
Paints And
Coatings
Inks And Dyes
Top Manufacturers
British
Petroleum
Exxon Mobil
Corporation
Indian Oil
Corporation
Marathon Oil
Corporation
Nippon Oil
Corporation
Nynas Ab
Petroleos
Mexicanos
Royal Dutch
Shell Plc
Sinopec
Villas
Austria Gmbh
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