Market Overview:
The research report, “Global Bitumen Market Analysis, 2020,” states that the market is projected to grow at around 6.5% CAGR during 2020-25. It further comprises a strategic analysis of the market & its growth in the forthcoming period considering the Covid-19 impact on the industry.
Moreover, an in-depth analysis of the Global Bitumen Market size, share, key trends, drivers, challenges, opportunities, and different segments & sub-segments is also explained well in this report, with accurate & reliable insights verified by research experts.
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Competitive Analysis:
This section of the research study covers insights into the leading players participating in the Global Bitumen Market. All companies profiled & discussed in this research study are large enterprises that have nearly 50-60% market share; medium-sized firms with 30-40% share; & small ones having about 10-20% share in the market. This competitive analysis is done primarily on the basis of different parameters like company revenues, product portfolio, and various research & development activities conducted.
– British Petroleum
– Exxon Mobil Corporation
– Chevron Texaco Corporation
– Icopal Group
– Bouygous S.A.
– Marathon Oil Company
– Indian Oil Corporation
– JX Nippon Oil & Energy Corporation
– Shell Bitumen
– NuStar Energy L.P.
How did the Covid-19 impact the Global Bitumen Market?
This section of the research report cites valuable insights into the various changes in the industry with the advent of Covid-19 in 2020, which drastically impacted most industries across the globe. The imposition of strict norms & lockdowns, which restricted cross-border trade & widened gaps in the supply-demand, etc., made the leading companies in the Global Bitumen Market adopt new business strategies to sustain the competition.
Our research analysts are constantly in touch with the industry experts to identify the changing market dynamics and offer detailed & up-to-date information to our readers, which will help them take strategic actions to overcome any such situation in the forthcoming timeline.
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Market Segmentation Analysis:
The research report, “Global Bitumen Market Analysis, 2020,” further includes a thorough size & volume market analysis during 2020-25 on the basis of the following segments & sub-segments to help readers/stakeholders know prominent aspects ascribing to the market expansion across these segments and in different locations.
Further bifurcates in to, By Application
– Water Proofing
– Adhesive
– Insulation
– Others
Further bifurcates in to, By Type
– Paving Grade Bitumen
– Oxidized Bitumen
– Bitumen Emulsions
– Polymer Modified Bitumen
– Cutback Bitumen
Further bifurcates in to, By Region
– North America
– South America
– Europe
– Middle East & Africa
– Asia-Pacific
Major Takeaways from the Research Report:
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-Know the estimated size, major drivers, challenges, & opportunities in the Global Bitumen Market
-Major companies & stakeholders involved in the market, along with the emerging industry trends
-Qualitative impact of various aspects across different segments & geographies of the market
-Reliable & verified insights into the market share, value, & CAGR during the forecast period
-Key strategies adopted by the leading players to sustain the highly competitive North America Lab -Grown Diamonds Market amidst the Covid-19 pandemic
-Both historical & predicted market performance and the Covid-19 impact analysis
-Competitive landscape, including the shares of the leading market players
-Various collaborations, acquisitions, & mergers among companies, along with the geographic landscape -of the Global Bitumen Market
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