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

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...