Europe Bitumen Market 2023-2030

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    EUROPE BITUMEN MARKET

    INTRODUCTION

    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.

     

    EUROPE BITUMEN MARKET  SIZE AND FORECAST

     

    Infographical: Europe Bitumen Market, Europe Bitumen Market Size, Europe Bitumen Market Trends,  Europe Bitumen Market Forecast, Europe Bitumen Market Risks, Europe Bitumen Market Report, Europe Bitumen Market Share

     

    The Europe bitumen market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

     

    EUROPE BITUMEN MARKET NEW PRODUCT LAUNCH

    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.

     

    COMPANY PROFILE

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many Europe bitumen are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Global Europe bitumen  and key vendor selection criteria
    3. Where is the Europe bitumen manufactured? What is the average margin per unit?
    4. Market share of Global Europe bitumen  market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Global Europe bitumen  in-house
    6. key predictions for next 5 years in Global Europe bitumen  market
    7. Average B-2-B Europe bitumen  market price in all segments
    8. Latest trends in Europe bitumen  market, by every market segment
    9. The market size (both volume and value) of the Europe bitumen  market in 2023-2030 and every year in between?
    10. Production breakup of Europe bitumen  market, by suppliers and their OEM relationship

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2023-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2023-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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