Construction Chemicals & Building Materials · Direct
Monitoring · monthly
Procurement Category Intelligence

Bitumen

Overview
Market size
$110
global, USD
CAGR
4.2%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
5
tracked players
Signals
12
1 high severity

Market outlook

2031$135

What changed

Demand by region

Asia Pacific demand42%
North America demand25%
Europe demand18%
Middle East & Africa demand10%
Rest of world demand5%
share of global demandtotal 100%

Cost drivers

Crude oil and heavy oil feedstocks55%
Refinery processing and energy overheads20%
Inland and marine logistics15%
Compliance and carbon emissions costs10%
share of delivered cost (analyst estimate)

Supplier watchlist

5 tracked