Global Bitumen Market -Size, Share, Growth, Trends and Forecast, 2014 – 2020

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

Bitumen Market to reach US$93 billion by 2020 on Account of

Rapid Rise in Road Construction : TMR

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Global Bitumen Market

REPORT DESCRIPTION

Global Bitumen Market - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020

A market study has been recently released by Transparency Market Research (TMR), projecting the global

bitumen market to expand at a CAGR of 3.9% during the period from 2014 to 2020 and reach a market value

of US$93.38 billion by the end of the forecast period. In 2013, the global bitumen market stood at US$71.44

billion and produced a total of 108,348.9 kilo tons of bitumen.The report, titled “Global Bitumen Market Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020”, presents a comprehensive

analysis of the worldwide bitumen market, considering the historical as well as current performance of each

segment of this market.The report states that the rapid increase in activities associated to road development

across the world has fuelled the growth of the bitumen market significantly. However, the harm that bitumen

extraction causes to the environment is restricting the development of this market to a great extent. Other than

this, the ample availability of bitumen alternatives is also expected to hamper the market growth during the

forecast period.

Browse the full Global Bitumen Market 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

Holding more than 80% of...