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Petrosil / Bitumart Annual Bitumen / Asphalt Reports 2016


Bitumart Datamatics

TOC - Bitumart Annual India Bitumen Report

Report Sections and Prices

The global bitumen market was valued at USD 71 billion in 2013 and is expected to reach USD 94 billion by 2020 expanding at a CAGR of 3.9% during the forecast period from 2014 to 2020.

China and India are expected to drive the growth of the bitumen market in Asia. Bitumen consumption in India will outpace production in the coming years as demand is expected to accelerate on the back of increased infrastructure spending and expanding road networks across the country. The Indian market has witnessed a huge increase in bitumen trade flows in recent months and a better understanding of the demand and supply dynamics is imperative. Industry players can turn challenges into opportunities with access to the right information that will assist in strategic decision making.

- With the Indian Government's recent announcement of the target of making over 90% of Indian roads bituminous, increased regulations are paving the way for the production and supply of quality bitumen. Moreover, from now onwards, bitumen products are being introduced at all refineries in the country which promises much better market for the entire bitumen value chain.

- Although a price sensitive market, Indian bitumen market will eventually revolutionize becoming a quality-driven market in the near future as the Government brings viscosity grading and performance grade soon. Observations suggest the future growth trend moving towards it.

- The Indian Government's focus on micro-surfacing coating will lead to a surge in the cold bitumen market, which used to be quite lean.

- The Indian government plans to set up a finance corporation with an amount of INR 1 trillion in collaboration with Japanese investors to fund projects in the roads segment.

During our discussions with senior decision makers in the global bitumen industry, we realized that most of them have a common need, which is to have reliable market insights and intelligence across the Bitumen value-chain.

There will be tremendous opportunities and challenges ahead for bitumen companies and the objective of the insightful research is to help companies make strategic and actionable decisions. With this in mind, we have partnered with specialized market research providers to assist us in this endeavor and we will be publishing a series of bitumen market reports starting with an India Bitumen Report and a Global Bitumen Report. The reports will include in depth analysis, insights and difficult to obtain market information at very reasonable prices.

The Bitumart India Bitumen Annual Report 2016 an essential information resource to key decision makers and senior management in the bitumen/asphalt industry including producers, traders, end users, construction companies, consultants, logistics companies, company analysts, highway authorities, customs departments, equipment suppliers etc

During the initial stages of the research development, we are offering extremely attractive prices as an introductory offer to ascertain the benefit and value to important industry players and are offering a special discount to all registered members of Bitumart. We will offer to customize the data based on your requirements and clients may opt to purchase the complete global report or order regional or country specific sections. If you have any data or research requirements apart from this, we would love to hear from you and discuss your information needs.

To request more information on these reports or for any other specific bitumen related research, please write to us at [email protected]

Bitumart Annual India Bitumen Report

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