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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 Exhibit Healthy 3.9% CAGR 20142020 as Demand from Construction Industry Increases : 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 be boosted by rising demand from the construction industry, states a market
research document recently published by Transparency Market Research. The report states that the market
will exhibit a healthy 3.9% CAGR over the period between 2014 and 2020, and will rise from a valuation of
US$71.44 bn in 2013 to US$93.38 bn by 2020.The market report is titled “Global Bitumen Market - Industry
Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020.”
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
Bitumen is a highly viscous hydrocarbon produced as a result of the distillation of petroleum. The distillation is
carried out either in refinery units using crude oil or it may result from natural phenomenon, thereby leading to
the formation of asphalt lakes or tar pits. Bitumen is commonly referred to as asphalt cement or asphalt in
North America and is extensively used for the construction of roads and pavements in the region.
The report states that a rapid rise in road development activities...