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.

The latest market study, Eco Friendly Bitumen market blends in qualitative and quantitative research techniques to present vital data on the competitive landscape for the period of 2022 – 2030. This research allows the business owners/individuals/ stakeholders to collect decisive information about market segmentation based on product category, usage and sale volume across the various geographical regions. Business stakeholders can prepare effective expansion plan by using the statistics on market share, size and the growth rate discussed in the report, for the forecast period of 2022 - 2030.

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 Key Players operating in the industry are:

American Gilsonite Company, Shell plc, Agarwal Industrial Corporation Limited, Bharat Petroleum Corporation Ltd., ATDM CO. LTD, Avello Bioenergy, Cosmique Pvt. Ltd., Jalnidhi Bitumen Specialities Pvt. Ltd., CEMEX S.A.B. de C.V., and Mamz Asphalt Technologies (Pvt) Ltd

Radical Features of the Eco Friendly Bitumen Market Report:

• An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
• Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
• Supply chain analysis along with technological advancements offered in the report
• The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Eco Friendly Bitumen industry
• The report encompasses Eco Friendly Bitumen market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements

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Segmentation:

• Source Outlook (Revenue, USD Thousand, Volume, Kilotons, 2019–2030)

  • Bio-Based Bitumen
  • Recycled Bitumen
  • Natural Bitumen

• Grade Outlook (Revenue, USD Thousand, Volume, Kilotons, 2019–2030)

  • Paving Grade Bitumen
  • Oxidized Bitumen
  • Hard Grade Bitumen
  • Others

• Application Outlook (Revenue, USD Thousand, Volume, Kilotons, 2019–2030)

  • Construction
  • Waterproofing
  • Paints and Coatings
  • Others

Regional Analysis Covers:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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