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Bitumen, commonly referred to as asphalt or tar, is a thick, sticky, and dark material made from crude oil. It is an essential component used in the building and upkeep of roadways as well as several industrial uses. The bitumen sector is significantly influenced by Europe as a large market and producer.
In order to produce bitumen in Europe, crude oil must first be refined to acquire the heavy fractions, which must then undergo further processing in order to isolate bitumen from other constituents. The source of the crude oil and the refining method can have an impact on the quality and properties of European bitumen.
The need for high-quality road building and infrastructure expansion drives Europe’s bitumen sector. European bitumen comes in a variety of grades or varieties, each created to satisfy certain performance needs and climatic circumstances. The European Committee for Standardisation (CEN) established the bitumen European standard, which covers characteristics including penetration, softening point, viscosity, and elasticity.
Bitumen is used in many other industrial areas in addition to the construction of roads. It is utilised in roofing goods, corrosion protection coatings, soundproofing membranes, and building waterproofing materials. In addition, bitumen is used to make adhesives, seals, and components for automobiles including tyre casings and battery trays.
To guarantee product performance, safety, and environmental sustainability, the bitumen business in Europe is subject to stringent rules and quality control procedures. The production, transportation, and storage of bitumen are governed by national laws and guidelines from the European Union.
The Europe bitumen market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
Reduced noise emissions and fuel consumption are two advantages of the long-lasting, high-performance road paving material known as modified bitumen. Alma Petroli also registered ALMA FAST DRAINING, the finest product in its line, with which it would supply the Italian and global markets.
The project’s basis is made up of years of study, high-quality bitumen from Alma Petroli, and an investment of almost six million euros, which may be summarised with the following astonishing numbers: 30 tonnes per hour of manufacturing capability, three 90 m3 tanks for the various final product grades required by the market, and a future extension with three more 90 m3 tanks are all included.
The technology and goods of the top providers on the market were used to choose the equipment that was installed.
