Title: Eco Friendly Bitumen Market
1Eco Friendly Bitumen Market Size Worth USD 168.17
Thousand in 2030
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Increasing demand for sustainable roads and rapid
development in roadway and highway construction
activities are driving global eco-friendly
bitumen market revenue growth
2Our Model
Market Analysis
Financial Analysis
Distribution Channel Analysis
Brand Analysis
Custom Market Intelligence
Competitor Analysis
Product Analysis
Custom Research
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Demand Analysis
Risk Analysis
3Business Plan Parameters
End Use Analysis
Demand Availability Analytics
Market Entry Strategy
Restructuring Revival
New Product Strategy
Product Planning / Strategy
SWOT Analysis
Marketing / Distribution Channel Feasibility
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Customer Identification Survey
Competitive Landscape / MA Feasibility
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4Industries We Cater to
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5
5Market Summary
The global eco-friendly bitumen market size is
expected to reach USD 118.98 thousand in 2021 and
register a revenue CAGR of 3.9 over the forecast
period, according to latest analysis by Emergen
Research. Rising concerns regarding the
sustainability of roads and rapid development in
global roadway and highway construction
activities are some key factors driving
eco-friendly bitumen market revenue growth.
Eco-friendly bitumen has been proving to be very
environment-friendly as opposed to crude oil
derivatives. Since the substance is not burnt, it
emits no carbon dioxide into the atmosphere and
can be recycled and reused, which makes it
eco-friendly as well as cost-effective. Cost
benefits associated with eco-friendly bitumen is
expected to boost demand in the building and
construction industry, which will further drive
revenue growth of the market to a significant
extent during the forecast period.
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6Market Summary
- Some Key Highlights From the Report
- In June 2020, CEMEX S.A.B. de C.V., which is a
Mexican multinational building materials company,
launched VIAPATH asphalt. This product is an
eco-friendly single asphalt solution, which can
be used for cycle lanes and footpaths. VIAPATH
asphalt eliminates mulita-layering surface
requirements and hence improve overall durability
of pavements. - Recycled bitumen segment accounted for a
significantly robust revenue share in 2021 owing
to its environmental benefits and increasing
initiatives to recycle road pavement materials in
building and construction industry. During the
process of recycling, the deteriorated material
from pavements, known as Reclaimed Asphalt
Pavement (RAP), is reused. Some advantages
associated with recycling are minimized delay,
energy conservation, preservation of environment,
reduced construction costs, conservation of
aggregate and binder, and preservation of
existing pavement. Bituminous material is the
most recycled material in the construction
industry in many developed countries. For
instance, in the U.S., 33 million tons of RAP is
used per year for recycling purposes, which is
around 80 of the total amount of RAP collected
from old bituminous pavements. - Request Free Sample Copy_at_ https//www.emergenresea
rch.com/request-sample/1028
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7Market Summary
Emergen Research has segmented the global
eco-friendly bitumen market on the basis of
source, grade, application, and region Source
Outlook (Revenue, USD Thousand, Volume, Kilotons,
20192030) Bio-Based Bitumen Recycled
Bitumen Natural Bitumen Grade Outlook (Revenue,
USD Thousand, Volume, Kilotons, 20192030) Paving
Grade Bitumen Oxidized Bitumen Hard Grade
Bitumen Others Read More_at_ https//www.emergenrese
arch.com/industry-report/eco-friendly-bitumen-mark
et
8Parameter Details
Market Size Estimation Period 2020-2028
Base Year Considered 2020
Historical Data 2017-2019
Forecast Period 2021-2028
Quantitative Units Revenue in USD million CAGR from 2020 to 2028
Segments Covered Types, Application, End-Users, Regions more.
Countries Included The U.S., Germany, U.K., Italy, China, India, Japan, Brazil
Report Coverage Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
Regions Scope North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Customization Scope 10 hours of free customization expert consultation
Pricing and Purchase Options Explore Different Purchase Options Request for Discount to Avail New Year Discount
MARKET SEGMENTATION
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9Regional Share Dynamics
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11About Us
At Emergen Research, we believe in advancing with
technology. We are a growing market research and
strategy consulting company with an exhaustive
knowledge base of cutting-edge and potentially
market-disrupting technologies that are predicted
to become more prevalent in the coming
decade. Our expertise umbrellas the
technological environment of all major
industries, and our services help you map your
actions to ensure optimal yield. Our analysts
utilize their market proficiency to offer
actionable insights that help our clients
implement profitable strategies and optimize
their return on investment. Our services are
wide-ranging, right from technological
environment analysis to technological profiling
that highlights the existing opportunities in the
market you can capitalize on to stay ahead of
your competitors.
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