Demand for Paving and Oxidized Bitumen to Lead Global Market Growth
The global bitumen market is projected to reach a value of US$ 76.2 billion in 2024 and grow to US$ 116 billion by 2034, expanding at a CAGR of 4.3% over the forecast period. The bitumen market plays a crucial role in various industries, primarily in road construction and infrastructure development. Bitumen, a sticky, black, and viscous form of petroleum, is widely used as a binder...
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