Building Materials & Hardware · Direct
Monitoring · monthlyProcurement Category Intelligence
Bitumen - Paving Grade
Overview
Market size
$92,400
global, USD
CAGR
3.2%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
8
tracked players
Signals
12
3 high severity
Market outlook
2031$108161
What changed
Demand by region
Asia Pacific demand42%
North America demand25%
Europe demand18%
Middle East & Africa demand9%
Rest of world demand6%
share of global demandtotal 100%
Cost drivers
Crude oil feedstock65%
Refinery processing and energy15%
Inland and maritime logistics12%
Storage and specialized handling8%
share of delivered cost (analyst estimate)