World Asphalt (Bitumen)

As Quoted In ARI Aggregate Research

News Update:

Shell has increased its asphalt business in Europe by adding capacity in Rheinland, Germany and Pernis, Netherlands. The company is now better poised to take advantage of new investments in infrastructure projects in the UK and elsewhere.

Key Findings in Global Asphalt (Bitumen) Market:

Asia/Pacific region will remain largest market

Through 2019, global demand for asphalt is projected to expand 2.8 percent per year to 122.5 million metric tons (742.5 million barrels). The Asia/Pacific region has overtaken North America as the largest regional market for asphalt and will continue to record the fastest advances through 2019, driven primarily by strong growth in China and India. China surpassed the US as the leading global asphalt consumer in 2012 and accounted for over one-fifth of the global market in 2014. However, growth in China will decelerate from the rapid gains of the 2009-2014 period as the country shifts its focus to repairing and maintaining current roadways rather than expanding the road network. Asphalt demand in India will benefit from the large public works projects necessary for the country’s continued economic development.

Rebound in North America will drive demand

North America is a major asphalt consumer because of the need for maintenance on the massive regional network of roads and highways (nearly 90 percent of which is in the US). Asphalt demand in the US is forecast to rebound from the sharp declines seen between 2005 and 2013, driven by stronger economic growth and increased construction activity, and demand in 2019 is expected to surpass the 2009 level. The US is also a significant consumer of asphalt for roofing products, and demand for those products will rise with rebounding building construction expenditures.

Demand in Western Europe will recover slowly

Recovery in asphalt demand in Western Europe will be driven by increased expenditures on road maintenance and repair applications after years of very low spending on infrastructure improvements. Many countries have road repair backlogs, which will bolster demand for asphalt. However, gains in asphalt demand will not match those in the US through 2019, and will not make up for the declines during the 2009-2014 period.

Study Coverage

This Freedonia industry study analyzes the 107 million metric ton global asphalt (bitumen) industry. It presents historical demand data (2004, 2009 and 2014) and forecasts (2019 and 2024) by product type (e.g., paving, roofing) for six global regions and 18 major countries. The study also considers market environment factors, details industry structure, evaluates company market share and profiles 44 industry players, including GAF Materials Corporation, Shell Bitumen, and Sinopec.

Back to Top

Purchase World Asphalt (Bitumen) by the Section

  1. World Asphalt (Bitumen)

    $6,500.00

    1. 1 INTRODUCTION

      $162.00

    2. 2 EXECUTIVE SUMMARY

      $133.00

      1. Table | WORLD ASPHALT DEMAND

    3. 3 MARKET ENVIRONMENT

      $2,223.00

      1. 3.1 General

        $82.00

      2. 3.2 World Demographic Overview

        $189.00

        1. 3.2.1 Population

          $91.00

          1. Table | WORLD POPULATION BY REGION

        2. 3.2.2 Households

          $82.00

          1. Table | WORLD HOUSEHOLDS BY REGION

      3. 3.3 World Economic Overview

        $216.00

        1. 3.3.1 Recent Historical Trends

          $82.00

        2. 3.3.2 World Economic Outlook

          $135.00

          1. Table | WORLD GROSS DOMESTIC PRODUCT BY REGION

      4. 3.4 World Construction Overview

        $528.00

        1. Table | WORLD CONSTRUCTION EXPENDITURES BY REGION

        2. 3.4.1 Building Construction

          $310.00

          1. Table | WORLD BUILDING CONSTRUCTION EXPENDITURES BY REGION

          2. Table | WORLD RESIDENTIAL BUILDING CONSTRUCTION EXPENDITURES BY REGION

          3. Table | WORLD NONRESIDENTIAL BUILDING CONSTRUCTION EXPENDITURES BY REGION

        3. 3.4.2 Nonbuilding Construction

          $85.00

          1. Table | WORLD NONBUILDING CONSTRUCTION EXPENDITURES BY REGION

      5. 3.5 Paved Roads Overview

        $87.00

        1. Table | WORLD PAVED ROADS BY REGION

      6. 3.6 World Crude Petroleum Outlook

        $82.00

        1. Table | WORLD CRUDE PETROLEUM PRODUCTION BY REGION

      7. 3.7 World Refining Outlook

        $118.00

        1. Table | WORLD REFINED PETROLEUM PRODUCT OUTPUT BY REGION

      8. 3.8 Environmental & Regulatory Issues

        $479.00

        1. 3.8.1 Recycling

          $153.00

        2. 3.8.2 Legal & Legislative Issues

          $259.00

      9. 3.9 Technology Trends

        $474.00

        1. 3.9.1 Asphalt Paving Mixtures

          $360.00

        2. 3.9.2 Asphalt Roofing Products

          $92.00

    4. 4 OVERVIEW

      $1,166.00

      1. 4.1 General

        $82.00

      2. 4.2 Asphalt Demand by Region

        $151.00

        1. Table | WORLD ASPHALT DEMAND BY REGION

        2. CHART III-1 WORLD ASPHALT DEMAND BY REGION, 2014

      3. 4.3 Asphalt Demand by Product

        $520.00

        1. Table | WORLD ASPHALT DEMAND BY PRODUCT

        2. CHART III-2 WORLD ASPHALT DEMAND BY PRODUCT, 2014

        3. 4.3.1 Paving Products

          $221.00

          1. Table | WORLD ASPHALT DEMAND IN PAVING PRODUCTS

        4. 4.3.2 Roofing Products

          $116.00

          1. Table | WORLD ASPHALT DEMAND IN ROOFING PRODUCTS

        5. 4.3.3 Other Asphalt Products

          $82.00

          1. Table | WORLD ASPHALT DEMAND IN OTHER PRODUCTS

      4. 4.4 Relationship of Primary Asphalt to Asphalt Products

        $82.00

        1. CHART III-3 PRIMARY ASPHALT FLOW CHART

      5. 4.5 Primary Asphalt Demand by Region

        $121.00

        1. Table | WORLD PRIMARY ASPHALT DEMAND BY REGION

      6. 4.6 Primary Asphalt Production by Region

        $82.00

        1. Table | WORLD PRIMARY ASPHALT PRODUCTION BY REGION

      7. 4.7 International Trade in Primary Asphalt

        $124.00

        1. Table | WORLD PRIMARY ASPHALT TRADE FLOWS

      8. 4.8 Asphalt Demand & Economic Activity

        $97.00

        1. CHART III-4 PER CAPITA ASPHALT DEMAND & PER CAPITA GROSS DOMESTIC PRODUCT RELATIONSHIP, 2014

    5. 5 NORTH AMERICA

      $986.00

      1. 5.1 North America: Market Environment

        $82.00

      2. 5.2 North America: Asphalt Supply & Demand

        $82.00

        1. Table | NORTH AMERICA: ASPHALT SUPPLY & DEMAND

        2. CHART IV-1 NORTH AMERICA: ASPHALT DEMAND BY COUNTRY, 2014

      3. 5.3 North America: Asphalt Demand by Product

        $98.00

        1. Table | NORTH AMERICA: ASPHALT DEMAND BY PRODUCT

        2. CHART IV-2 NORTH AMERICA: ASPHALT DEMAND BY PRODUCT, 2014

      4. 5.4 United States

        $285.00

        1. 5.4.1 United States: Market Environment

          $82.00

        2. 5.4.2 United States: Asphalt Supply & Demand

          $93.00

          1. Table | UNITED STATES: ASPHALT SUPPLY & DEMAND

        3. 5.4.3 United States: Asphalt Demand by Product

          $124.00

          1. Table | UNITED STATES: ASPHALT DEMAND BY PRODUCT

      5. 5.5 Canada

        $242.00

        1. 5.5.1 Canada: Market Environment

          $82.00

        2. 5.5.2 Canada: Asphalt Supply & Demand

          $93.00

          1. Table | CANADA: ASPHALT SUPPLY & DEMAND

        3. 5.5.3 Canada: Asphalt Demand by Product

          $84.00

          1. Table | CANADA: ASPHALT DEMAND BY PRODUCT

      6. 5.6 Mexico

        $216.00

        1. 5.6.1 Mexico: Market Environment

          $82.00

        2. 5.6.2 Mexico: Asphalt Supply & Demand

          $82.00

          1. Table | MEXICO: ASPHALT SUPPLY & DEMAND

        3. 5.6.3 Mexico: Asphalt Demand by Product

          $93.00

          1. Table | MEXICO: ASPHALT DEMAND BY PRODUCT

    6. 6 WESTERN EUROPE

      $1,978.00

      1. 6.1 Western Europe: Market Environment

        $82.00

      2. 6.2 Western Europe: Asphalt Supply & Demand

        $110.00

        1. Table | WESTERN EUROPE: ASPHALT SUPPLY & DEMAND

        2. CHART V-1 WESTERN EUROPE: ASPHALT DEMAND BY COUNTRY, 2014

      3. 6.3 Western Europe: Asphalt Demand by Product

        $111.00

        1. Table | WESTERN EUROPE: ASPHALT DEMAND BY PRODUCT

        2. CHART V-2 WESTERN EUROPE: ASPHALT DEMAND BY PRODUCT, 2014

      4. 6.4 France

        $251.00

        1. 6.4.1 France: Market Environment

          $93.00

        2. 6.4.2 France: Asphalt Supply & Demand

          $82.00

          1. Table | FRANCE: ASPHALT SUPPLY & DEMAND

        3. 6.4.3 France: Asphalt Demand by Product

          $99.00

          1. Table | FRANCE: ASPHALT DEMAND BY PRODUCT

      5. 6.5 Germany

        $236.00

        1. 6.5.1 Germany: Market Environment

          $82.00

        2. 6.5.2 Germany: Asphalt Supply & Demand

          $82.00

          1. Table | GERMANY: ASPHALT SUPPLY & DEMAND

        3. 6.5.3 Germany: Asphalt Demand by Product

          $99.00

          1. Table | GERMANY: ASPHALT DEMAND BY PRODUCT

      6. 6.6 United Kingdom

        $263.00

        1. 6.6.1 United Kingdom: Market Environment

          $82.00

        2. 6.6.2 United Kingdom: Asphalt Supply & Demand

          $96.00

          1. Table | UNITED KINGDOM: ASPHALT SUPPLY & DEMAND

        3. 6.6.3 United Kingdom: Asphalt Demand by Product

          $97.00

          1. Table | UNITED KINGDOM: ASPHALT DEMAND BY PRODUCT

      7. 6.7 Italy

        $254.00

        1. 6.7.1 Italy: Market Environment

          $91.00

        2. 6.7.2 Italy: Asphalt Supply & Demand

          $82.00

          1. Table | ITALY: ASPHALT SUPPLY & DEMAND

        3. 6.7.3 Italy: Asphalt Demand by Product

          $95.00

          1. Table | ITALY: ASPHALT DEMAND BY PRODUCT

      8. 6.8 Spain

        $251.00

        1. 6.8.1 Spain: Market Environment

          $82.00

        2. 6.8.2 Spain: Asphalt Supply & Demand

          $86.00

          1. Table | SPAIN: ASPHALT SUPPLY & DEMAND

        3. 6.8.3 Spain: Asphalt Demand by Product

          $91.00

          1. Table | SPAIN: ASPHALT DEMAND BY PRODUCT

      9. 6.9 Other Western Europe

        $419.00

        1. 6.9.1 Other Western Europe: Market Environment

          $86.00

        2. 6.9.2 Other Western Europe: Asphalt Supply & Demand

          $82.00

          1. Table | OTHER WESTERN EUROPE: ASPHALT SUPPLY & DEMAND

        3. 6.9.3 Other Western Europe: Asphalt Demand by Product

          $103.00

          1. Table | OTHER WESTERN EUROPE: ASPHALT DEMAND BY PRODUCT

        4. 6.9.4 Other Western Europe: Asphalt Demand by Country

          $160.00

          1. Table | OTHER WESTERN EUROPE: ASPHALT DEMAND BY COUNTRY

    7. 7 ASIA/PACIFIC

      $2,109.00

      1. 7.1 Asia/Pacific: Market Environment

        $82.00

      2. 7.2 Asia/Pacific: Asphalt Supply & Demand

        $92.00

        1. Table | ASIA/PACIFIC: ASPHALT SUPPLY & DEMAND

        2. CHART VI-1 ASIA/PACIFIC: ASPHALT DEMAND BY COUNTRY, 2014

      3. 7.3 Asia/Pacific: Asphalt Demand by Product

        $107.00

        1. Table | ASIA/PACIFIC: ASPHALT DEMAND BY PRODUCT

        2. CHART VI-2 ASIA/PACIFIC: ASPHALT DEMAND BY PRODUCT, 2014

      4. 7.4 China

        $334.00

        1. 7.4.1 China: Market Environment

          $93.00

        2. 7.4.2 China: Asphalt Supply & Demand

          $86.00

          1. Table | CHINA: ASPHALT SUPPLY & DEMAND

        3. 7.4.3 China: Asphalt Demand by Product

          $155.00

          1. Table | CHINA: ASPHALT DEMAND BY PRODUCT

      5. 7.5 India

        $289.00

        1. 7.5.1 India: Market Environment

          $83.00

        2. 7.5.2 India: Asphalt Supply & Demand

          $82.00

          1. Table | INDIA: ASPHALT SUPPLY & DEMAND

        3. 7.5.3 India: Asphalt Demand by Product

          $142.00

          1. Table | INDIA: ASPHALT DEMAND BY PRODUCT

      6. 7.6 Japan

        $258.00

        1. 7.6.1 Japan: Market Environment

          $82.00

        2. 7.6.2 Japan: Asphalt Supply & Demand

          $82.00

          1. Table | JAPAN: ASPHALT ROOFING SUPPLY & DEMAND

        3. 7.6.3 Japan: Asphalt Demand by Product

          $106.00

          1. Table | JAPAN: ASPHALT DEMAND BY PRODUCT

      7. 7.7 Indonesia

        $242.00

        1. 7.7.1 Indonesia: Market Environment

          $82.00

        2. 7.7.2 Indonesia: Asphalt Supply & Demand

          $82.00

          1. Table | INDONESIA: ASPHALT SUPPLY & DEMAND

        3. 7.7.3 Indonesia: Asphalt Demand by Product

          $98.00

          1. Table | INDONESIA: ASPHALT DEMAND BY PRODUCT

      8. 7.8 South Korea

        $227.00

        1. 7.8.1 South Korea: Market Environment

          $82.00

        2. 7.8.2 South Korea: Asphalt Supply & Demand

          $82.00

          1. Table | SOUTH KOREA: ASPHALT SUPPLY & DEMAND

        3. 7.8.3 South Korea: Asphalt Demand by Product

          $85.00

          1. Table | SOUTH KOREA: ASPHALT DEMAND BY PRODUCT

      9. 7.9 Australia

        $192.00

        1. 7.9.1 Australia: Market Environment

          $82.00

        2. 7.9.2 Australia: Asphalt Supply & Demand

          $82.00

          1. Table | AUSTRALIA: ASPHALT SUPPLY & DEMAND

        3. 7.9.3 Australia: Asphalt Demand by Product

          $82.00

          1. Table | AUSTRALIA: ASPHALT DEMAND BY PRODUCT

      10. 7.10 Other Asia/Pacific

        $298.00

        1. 7.10.1 Other Asia/Pacific: Market Environment

          $82.00

        2. 7.10.2 Other Asia/Pacific: Asphalt Supply & Demand

          $82.00

          1. Table | OTHER ASIA/PACIFIC: ASPHALT SUPPLY & DEMAND

        3. 7.10.3 Other Asia/Pacific: Asphalt Demand by Product

          $90.00

          1. Table | OTHER ASIA/PACIFIC: ASPHALT DEMAND BY PRODUCT

        4. 7.10.4 Other Asia/Pacific: Asphalt Demand by Country

          $92.00

          1. Table | OTHER ASIA/PACIFIC: ASPHALT DEMAND BY COUNTRY

    8. 8 OTHER REGIONS

      $2,527.00

      1. 8.1 Central & South America

        $747.00

        1. 8.1.1 Central & South America: Market Environment

          $82.00

        2. 8.1.2 Central & South America: Asphalt Supply & Demand

          $82.00

          1. Table | CENTRAL & SOUTH AMERICA: ASPHALT SUPPLY & DEMAND

          2. CHART VII-1 CENTRAL & SOUTH AMERICA: ASPHALT DEMAND BY COUNTRY, 2014

        3. 8.1.3 Central & South America: Asphalt Demand by Product

          $87.00

          1. Table | CENTRAL & SOUTH AMERICA: ASPHALT DEMAND BY PRODUCT

          2. CHART VII-2 CENTRAL & SOUTH AMERICA: ASPHALT DEMAND BY PRODUCT, 2014

        4. 8.1.4 Brazil

          $234.00

          1. Table | BRAZIL: ASPHALT SUPPLY & DEMAND

          2. Table | BRAZIL: ASPHALT DEMAND BY PRODUCT

        5. 8.1.5 Other Central & South America

          $291.00

          1. Table | OTHER CENTRAL & SOUTH AMERICA: ASPHALT SUPPLY & DEMAND

          2. Table | OTHER CENTRAL & SOUTH AMERICA: ASPHALT DEMAND BY PRODUCT

          3. Table | OTHER CENTRAL & SOUTH AMERICA: ASPHALT DEMAND BY COUNTRY

      2. 8.2 Eastern Europe

        $963.00

        1. 8.2.1 Eastern Europe: Market Environment

          $82.00

        2. 8.2.2 Eastern Europe: Asphalt Supply & Demand

          $82.00

          1. Table | EASTERN EUROPE: ASPHALT SUPPLY & DEMAND

          2. CHART VII-3 EASTERN EUROPE: ASPHALT DEMAND BY COUNTRY, 2014

        3. 8.2.3 Eastern Europe: Asphalt Demand by Product

          $82.00

          1. Table | EASTERN EUROPE: ASPHALT DEMAND BY PRODUCT

          2. CHART VII-4 EASTERN EUROPE: ASPHALT DEMAND BY PRODUCT, 2014

        4. 8.2.4 Russia

          $240.00

          1. Table | RUSSIA: ASPHALT SUPPLY & DEMAND

          2. Table | RUSSIA: ASPHALT DEMAND BY PRODUCT

        5. 8.2.5 Poland

          $195.00

          1. Table | POLAND: ASPHALT SUPPLY & DEMAND

          2. Table | POLAND: ASPHALT DEMAND BY PRODUCT

        6. 8.2.6 Other Eastern Europe

          $319.00

          1. Table | OTHER EASTERN EUROPE: ASPHALT SUPPLY & DEMAND

          2. Table | OTHER EASTERN EUROPE: ASPHALT DEMAND BY PRODUCT

          3. Table | OTHER EASTERN EUROPE: ASPHALT DEMAND BY COUNTRY

      3. 8.3 Africa/Mideast

        $817.00

        1. 8.3.1 Africa/Mideast: Market Environment

          $82.00

        2. 8.3.2 Africa/Mideast: Asphalt Supply & Demand

          $82.00

          1. Table | AFRICA/MIDEAST: ASPHALT SUPPLY & DEMAND

          2. CHART VII-5 AFRICA/MIDEAST: ASPHALT DEMAND BY COUNTRY, 2014

        3. 8.3.3 Africa/Mideast: Asphalt Demand by Product

          $87.00

          1. Table | AFRICA/MIDEAST: ASPHALT DEMAND BY PRODUCT

          2. CHART VII-6 AFRICA/MIDEAST: ASPHALT DEMAND BY PRODUCT, 2014

        4. 8.3.4 Turkey

          $194.00

          1. Table | TURKEY: ASPHALT SUPPLY & DEMAND

          2. Table | TURKEY: ASPHALT DEMAND BY PRODUCT

        5. 8.3.5 Other Africa/Mideast

          $388.00

          1. Table | OTHER AFRICA/MIDEAST: ASPHALT SUPPLY & DEMAND

          2. Table | OTHER AFRICA/MIDEAST: ASPHALT DEMAND BY PRODUCT

          3. Table | OTHER AFRICA/MIDEAST: ASPHALT DEMAND BY COUNTRY

    9. 9 INDUSTRY STRUCTURE

      $6,541.00

      1. 9.1 General

        $82.00

      2. 9.2 Market Share

        $528.00

        1. 9.2.1 Primary Asphalt Market Leaders

          $240.00

          1. CHART VIII-1 WORLD PRIMARY ASPHALT CAPACITY SHARE, 2014

        2. 9.2.2 Paving Asphalt Market Leaders

          $141.00

          1. CHART VIII-2 WORLD PAVING ASPHALT MARKET SHARE, 2014

        3. 9.2.3 Roofing Asphalt Market Leaders

          $132.00

          1. CHART VIII-3 WORLD ASPHALT ROOFING MARKET SHARE, 2014

      3. 9.3 Acquisitions & Divestitures

        $82.00

        1. Table | SELECTED ACQUISITIONS & DIVESTITURES

      4. 9.4 Cooperative Agreements

        $129.00

        1. Table | SELECTED COOPERATIVE AGREEMENTS

      5. 9.5 Marketing & Distribution

        $82.00

      6. 9.6 Manufacturing

        $82.00

      7. 9.7 Product Development

        $138.00

      8. 9.8 Company Profiles

        $5,856.00

        1. 9.8.1 Anglo American plc

          $82.00

        2. 9.8.2 Berkshire Hathaway Incorporated

          $119.00

        3. 9.8.3 Bouygues SA

          $435.00

        4. 9.8.4 BP plc

          $118.00

        5. 9.8.5 Building Materials Corporation of America

          $175.00

        6. 9.8.6 CEMEX SAB de CV

          $98.00

        7. 9.8.7 Chevron Corporation

          $121.00

        8. 9.8.8 China National Offshore Oil Corporation

          $82.00

        9. 9.8.9 China National Petroleum Corporation

          $119.00

        10. 9.8.10 China Petroleum & Chemical Corporation

          $141.00

        11. 9.8.11 ConocoPhillips

          $82.00

        12. 9.8.12 CRH plc

          $678.00

        13. 9.8.13 Ennis-Flint

          $82.00

        14. 9.8.14 Exxon Mobil Corporation

          $212.00

        15. 9.8.15 HeidelbergCement AG

          $187.00

        16. 9.8.16 Icopal a/s

          $215.00

        17. 9.8.17 IKO Group

          $253.00

        18. 9.8.18 Indian Oil Corporation Limited

          $82.00

        19. 9.8.19 Jiangsu Baoli International Investment Company

          $146.00

        20. 9.8.20 JX Holdings Incorporated

          $82.00

        21. 9.8.21 Kukdong Oil & Chemicals Company Limited

          $82.00

        22. 9.8.22 LafargeHolcim Limited

          $127.00

        23. 9.8.23 Mapei SpA

          $100.00

        24. 9.8.24 Marathon Petroleum Corporation

          $82.00

        25. 9.8.25 Neste Oil Oyj

          $123.00

        26. 9.8.26 NuStar Energy LP

          $84.00

        27. 9.8.27 Onduline SA

          $84.00

        28. 9.8.28 Owens Corning

          $167.00

        29. 9.8.29 Perusahaan Pertambangan Minyak Dan Gas Bumi Negara

          $82.00

        30. 9.8.30 Petróleo Brasileiro SA

          $82.00

        31. 9.8.31 Petróleos de Venezuela SA

          $133.00

        32. 9.8.32 Petróleos Mexicanos SA

          $82.00

        33. 9.8.33 Phillips 66

          $82.00

        34. 9.8.34 Repsol SA

          $87.00

        35. 9.8.35 Royal Dutch Shell plc

          $278.00

        36. 9.8.36 Saint-Gobain

          $149.00

        37. 9.8.37 SemGroup Corporation

          $82.00

        38. 9.8.38 Soprema SAS

          $106.00

        39. 9.8.39 STRABAG SE

          $123.00

        40. 9.8.40 Tiki Tar Industries

          $114.00

        41. 9.8.41 Total SA

          $111.00

        42. 9.8.42 Valero Energy Corporation

          $82.00

        43. 9.8.43 Veidekke ASA

          $84.00

        44. 9.8.44 WestRock Company

          $84.00

Back to Top