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Global Petroleum Asphalt Market Report 2018-2029

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1 Industry Overview of Petroleum Asphalt

  • 1.1 Research Scope
  • 1.2 Market Segmentation by Types of Petroleum Asphalt
  • 1.3 Market Segmentation by End Users of Petroleum Asphalt
  • 1.4 Market Dynamics Analysis of Petroleum Asphalt
    • 1.4.1 Market Drivers
    • 1.4.2 Market Challenges
    • 1.4.3 Market Opportunities
    • 1.4.4 Porter’s Five Forces

2 Major Manufacturers Analysis of Petroleum Asphalt Industry

  • 2.1 ExxonMobil
    • 2.1.1 Company Overview
    • 2.1.2 Main Products and Specifications
    • 2.1.3 Petroleum Asphalt Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.1.4 Contact Information
  • 2.2 Cnooc
    • 2.2.1 Company Overview
    • 2.2.2 Main Products and Specifications
    • 2.2.3 Petroleum Asphalt Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.2.4 Contact Information
  • 2.3 Sinopec
    • 2.3.1 Company Overview
    • 2.3.2 Main Products and Specifications
    • 2.3.3 Petroleum Asphalt Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.3.4 Contact Information
  • 2.4 CNPC
    • 2.4.1 Company Overview
    • 2.4.2 Main Products and Specifications
    • 2.4.3 Petroleum Asphalt Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.4.4 Contact Information
  • 2.5 ConocoPhillips
    • 2.5.1 Company Overview
    • 2.5.2 Main Products and Specifications
    • 2.5.3 Petroleum Asphalt Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.5.4 Contact Information
  • 2.6 CRH
    • 2.6.1 Company Overview
    • 2.6.2 Main Products and Specifications
    • 2.6.3 Petroleum Asphalt Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.6.4 Contact Information
  • 2.7 Pasargad Oil Company
    • 2.7.1 Company Overview
    • 2.7.2 Main Products and Specifications
    • 2.7.3 Petroleum Asphalt Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.7.4 Contact Information
  • 2.8 Marathon Oil
    • 2.8.1 Company Overview
    • 2.8.2 Main Products and Specifications
    • 2.8.3 Petroleum Asphalt Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.8.4 Contact Information
  • 2.9 Petrobras
    • 2.9.1 Company Overview
    • 2.9.2 Main Products and Specifications
    • 2.9.3 Petroleum Asphalt Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.9.4 Contact Information
  • 2.10 Total
    • 2.10.1 Company Overview
    • 2.10.2 Main Products and Specifications
    • 2.10.3 Petroleum Asphalt Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.10.4 Contact Information
  • 2.11 Valero
    • 2.11.1 Company Overview
    • 2.11.2 Main Products and Specifications
    • 2.11.3 Petroleum Asphalt Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.11.4 Contact Information
  • 2.12 Rosneft
    • 2.12.1 Company Overview
    • 2.12.2 Main Products and Specifications
    • 2.12.3 Petroleum Asphalt Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.12.4 Contact Information
  • 2.13 Axeon
    • 2.13.1 Company Overview
    • 2.13.2 Main Products and Specifications
    • 2.13.3 Petroleum Asphalt Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.13.4 Contact Information
  • 2.14 SK
    • 2.14.1 Company Overview
    • 2.14.2 Main Products and Specifications
    • 2.14.3 Petroleum Asphalt Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.14.4 Contact Information
  • 2.15 Tipco
    • 2.15.1 Company Overview
    • 2.15.2 Main Products and Specifications
    • 2.15.3 Petroleum Asphalt Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.15.4 Contact Information
  • 2.16 IOCL
    • 2.16.1 Company Overview
    • 2.16.2 Main Products and Specifications
    • 2.16.3 Petroleum Asphalt Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.16.4 Contact Information
  • 2.17 Gazprom Neft PJSC
    • 2.17.1 Company Overview
    • 2.17.2 Main Products and Specifications
    • 2.17.3 Petroleum Asphalt Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.17.4 Contact Information
  • 2.18 Pemex
    • 2.18.1 Company Overview
    • 2.18.2 Main Products and Specifications
    • 2.18.3 Petroleum Asphalt Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.18.4 Contact Information
  • 2.19 Suncor Energy
    • 2.19.1 Company Overview
    • 2.19.2 Main Products and Specifications
    • 2.19.3 Petroleum Asphalt Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.19.4 Contact Information
  • 2.20 Repsol
    • 2.20.1 Company Overview
    • 2.20.2 Main Products and Specifications
    • 2.20.3 Petroleum Asphalt Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.20.4 Contact Information
  • 2.21 Nynas
    • 2.21.1 Company Overview
    • 2.21.2 Main Products and Specifications
    • 2.21.3 Petroleum Asphalt Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.21.4 Contact Information
  • 2.22 HPCL
    • 2.22.1 Company Overview
    • 2.22.2 Main Products and Specifications
    • 2.22.3 Petroleum Asphalt Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.22.4 Contact Information
  • 2.23 Ko? Holding
    • 2.23.1 Company Overview
    • 2.23.2 Main Products and Specifications
    • 2.23.3 Petroleum Asphalt Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.23.4 Contact Information
  • 2.24 Shell
    • 2.24.1 Company Overview
    • 2.24.2 Main Products and Specifications
    • 2.24.3 Petroleum Asphalt Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.24.4 Contact Information
  • 2.25 LOTOS
    • 2.25.1 Company Overview
    • 2.25.2 Main Products and Specifications
    • 2.25.3 Petroleum Asphalt Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.25.4 Contact Information
  • 2.26 Husky Energy
    • 2.26.1 Company Overview
    • 2.26.2 Main Products and Specifications
    • 2.26.3 Petroleum Asphalt Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.26.4 Contact Information

3 Global Petroleum Asphalt Market Analysis by Regions, Manufacturers, Types and End Users

  • 3.1 Global Sales Volume and Revenue of Petroleum Asphalt by Regions (2018-2023)
  • 3.2 Global Sales Volume and Revenue of Petroleum Asphalt by Manufacturers (2018-2023)
  • 3.3 Global Sales Volume and Revenue of Petroleum Asphalt by Types (2018-2023)
  • 3.4 Global Sales Volume and Revenue of Petroleum Asphalt by End Users (2018-2023)
  • 3.5 Selling Price Analysis of Petroleum Asphalt by Regions, Manufacturers, Types and End Users in (2018-2023)

4 Northern America Petroleum Asphalt Market Analysis by Countries, Types and End Users

  • 4.1 Northern America Petroleum Asphalt Sales Volume and Revenue Analysis by Countries (2018-2023)
  • 4.2 Northern America Petroleum Asphalt Sales Volume and Revenue Analysis by Types (2018-2023)
  • 4.3 Northern America Petroleum Asphalt Sales Volume and Revenue Analysis by End Users (2018-2023)
  • 4.4 United States Petroleum Asphalt Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 4.5 Canada Petroleum Asphalt Sales Volume, Revenue, Import and Export Analysis (2018-2023)

5 Europe Petroleum Asphalt Market Analysis by Countries, Types and End Users

  • 5.1 Europe Petroleum Asphalt Sales Volume and Revenue Analysis by Countries (2018-2023)
  • 5.2 Europe Petroleum Asphalt Sales Volume and Revenue Analysis by Types (2018-2023)
  • 5.3 Europe Petroleum Asphalt Sales Volume and Revenue Analysis by End Users (2018-2023)
  • 5.4 Germany Petroleum Asphalt Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 5.5 France Petroleum Asphalt Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 5.6 UK Petroleum Asphalt Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 5.7 Italy Petroleum Asphalt Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 5.8 Russia Petroleum Asphalt Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 5.9 Spain Petroleum Asphalt Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 5.10 Netherlands Petroleum Asphalt Sales Volume, Revenue, Import and Export Analysis (2018-2023)

6 Asia Pacific Petroleum Asphalt Market Analysis by Countries, Types and End Users

  • 6.1 Asia Pacific Petroleum Asphalt Sales Volume and Revenue Analysis by Countries (2018-2023)
  • 6.2 Asia Pacific Petroleum Asphalt Sales Volume and Revenue Analysis by Types (2018-2023)
  • 6.3 Asia Pacific Petroleum Asphalt Sales Volume and Revenue Analysis by End Users (2018-2023)
  • 6.4 China Petroleum Asphalt Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 6.5 Japan Petroleum Asphalt Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 6.6 Korea Petroleum Asphalt Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 6.7 India Petroleum Asphalt Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 6.8 Australia Petroleum Asphalt Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 6.9 Indonesia Petroleum Asphalt Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 6.10 Vietnam Petroleum Asphalt Sales Volume, Revenue, Import and Export Analysis (2018-2023)

7 Latin America Petroleum Asphalt Market Analysis by Countries, Types and End Users

  • 7.1 Latin America Petroleum Asphalt Sales Volume and Revenue Analysis by Countries (2018-2023)
  • 7.2 Latin America Petroleum Asphalt Sales Volume and Revenue Analysis by Types (2018-2023)
  • 7.3 Latin America Petroleum Asphalt Sales Volume and Revenue Analysis by End Users (2018-2023)
  • 7.4 Brazil Petroleum Asphalt Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 7.5 Mexico Petroleum Asphalt Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 7.6 Argentina Petroleum Asphalt Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 7.7 Colombia Petroleum Asphalt Sales Volume, Revenue, Import and Export Analysis (2018-2023)

8 Middle East & Africa Petroleum Asphalt Market Analysis by Countries, Types and End Users

  • 8.1 Middle East & Africa Petroleum Asphalt Sales Volume and Revenue Analysis by Countries (2018-2023)
  • 8.2 Middle East & Africa Petroleum Asphalt Sales Volume and Revenue Analysis by Types (2018-2023)
  • 8.3 Middle East & Africa Petroleum Asphalt Sales Volume and Revenue Analysis by End Users (2018-2023)
  • 8.4 Turkey Petroleum Asphalt Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 8.5 Saudi Arabia Petroleum Asphalt Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 8.6 South Africa Petroleum Asphalt Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 8.7 Egypt Petroleum Asphalt Sales Volume, Revenue, Import and Export Analysis (2018-2023)

9 Marketing Channel, Distributors and Traders Analysis

  • 9.1 Marketing Channel
    • 9.1.1 Direct Channel
    • 9.1.2 Indirect Channel
  • 9.2 Distributors and Traders

10 Global Petroleum Asphalt Market Forecast by Regions, Countries, Manufacturers, Types and End Users

  • 10.1 Global Sales Volume and Revenue Forecast of Petroleum Asphalt by Regions (2024-2029)
  • 10.2 Global Sales Volume and Revenue Forecast of Petroleum Asphalt by Types (2024-2029)
  • 10.3 Global Sales Volume and Revenue Forecast of Petroleum Asphalt by End Users (2024-2029)
  • 10.4 Global Revenue Forecast of Petroleum Asphalt by Countries (2024-2029)
    • 10.4.1 United States Revenue Forecast (2024-2029)
    • 10.4.2 Canada Revenue Forecast (2024-2029)
    • 10.4.3 Germany Revenue Forecast (2024-2029)
    • 10.4.4 France Revenue Forecast (2024-2029)
    • 10.4.5 UK Revenue Forecast (2024-2029)
    • 10.4.6 Italy Revenue Forecast (2024-2029)
    • 10.4.7 Russia Revenue Forecast (2024-2029)
    • 10.4.8 Spain Revenue Forecast (2024-2029)
    • 10.4.9 Netherlands Revenue Forecast (2024-2029)
    • 10.4.10 China Revenue Forecast (2024-2029)
    • 10.4.11 Japan Revenue Forecast (2024-2029)
    • 10.4.12 Korea Revenue Forecast (2024-2029)
    • 10.4.13 India Revenue Forecast (2024-2029)
    • 10.4.14 Australia Revenue Forecast (2024-2029)
    • 10.4.15 Indonesia Revenue Forecast (2024-2029)
    • 10.4.16 Vietnam Revenue Forecast (2024-2029)
    • 10.4.17 Brazil Revenue Forecast (2024-2029)
    • 10.4.18 Mexico Revenue Forecast (2024-2029)
    • 10.4.19 Argentina Revenue Forecast (2024-2029)
    • 10.4.20 Colombia Revenue Forecast (2024-2029)
    • 10.4.21 Turkey Revenue Forecast (2024-2029)
    • 10.4.22 Saudi Arabia Revenue Forecast (2024-2029)
    • 10.4.23 South Africa Revenue Forecast (2024-2029)
    • 10.4.24 Egypt Revenue Forecast (2024-2029)

11 Industry Chain Analysis of Petroleum Asphalt

  • 11.1 Upstream Major Raw Materials and Equipment Suppliers Analysis of Petroleum Asphalt
    • 11.1.1 Major Raw Materials Suppliers with Contact Information Analysis of Petroleum Asphalt
    • 11.1.2 Major Equipment Suppliers with Contact Information Analysis of Petroleum Asphalt
  • 11.2 Downstream Major Consumers Analysis of Petroleum Asphalt
  • 11.3 Major Suppliers of Petroleum Asphalt with Contact Information
  • 11.4 Supply Chain Relationship Analysis of Petroleum Asphalt

12 Petroleum Asphalt New Project Investment Feasibility Analysis

  • 12.1 Petroleum Asphalt New Project SWOT Analysis
  • 12.2 Petroleum Asphalt New Project Investment Feasibility Analysis
    • 12.2.1 Project Name
    • 12.2.2 Investment Budget
    • 12.2.3 Project Product Solutions
    • 12.2.4 Project Schedule

13 Petroleum Asphalt Research Findings and Conclusion

    14 Appendix

    • 14.1 Research Methodology
    • 14.2 References and Data Sources
      • 14.2.1 Primary Sources
      • 14.2.2 Secondary Paid Sources
      • 14.2.3 Secondary Public Sources
    • 14.3 Abbreviations and Units of Measurement
    • 14.4 Author Details

    Petroleum asphalt, also known as bitumen or asphalt cement, is a black, highly viscous liquid or semi-solid substance that is used in various industries, including construction, infrastructure, roofing, and others. Petroleum asphalt is produced by refining crude oil, and it is a crucial component in building roads and highways.

    The global petroleum asphalt market size is expected to reach US$66,269 million in 2022, with a compound annual growth rate of 7%. The increasing demand for better roads, highways, and infrastructure is driving the growth of the petroleum asphalt industry.

    The petroleum asphalt industry is highly concentrated, with major global manufacturers such as ExxonMobil, Cnooc, Sinopec, CNPC, ConocoPhillips, CRH, and others. These companies have extensive experience and expertise in producing high-quality petroleum asphalt for various applications and are continually investing in research and development to improve their products' performance and properties.

    The major end-users of petroleum asphalt are the construction and infrastructure industries, where it is widely used as a binding agent in road construction and pavement repair. Additionally, it is also used in roofing applications to produce waterproofing membranes.

    The global petroleum asphalt market is expected to see steady growth in the coming years, driven by increasing demand from various industries. The growing demand for better roads and infrastructure in developing countries, especially in Asia-Pacific, Middle East, and Africa, is expected to be the primary growth driver for the petroleum asphalt industry.

    Moreover, the increasing trend of urbanization and industrialization worldwide is also expected to create significant growth opportunities for petroleum asphalt in the construction and infrastructure industries. Furthermore, the growing demand for eco-friendly and sustainable materials, which can replace traditional petroleum asphalt, is paving the way for the development of new products and technologies in the industry.

    In conclusion, the petroleum asphalt industry has significant growth potential in the coming years, driven by the increasing demand from various end-use industries. The major global manufacturers are investing in research and development to improve their products' quality and performance while expanding their market share through strategic partnerships and market penetration. A comprehensive market analysis can help stakeholders develop strategic plans that capitalize on the opportunities presented by this growing industry.

    The SWOT analysis of the Petroleum Asphalt industry is as follows:

    Strengths:
    Petroleum asphalt is a highly versatile and in-demand product with various applications in the construction, roofing, and infrastructure industries.
    The petroleum asphalt industry has a vast and established supply chain that includes a network of global manufacturers, distributors, and suppliers.
    With the increasing demand for better roads and infrastructure worldwide, the petroleum asphalt industry is poised for robust growth in the coming years.

    Weaknesses:
    The production of petroleum asphalt requires specialized equipment and expertise, which can limit market entry for new players.
    The industry is highly dependent on crude oil prices, which can impact production costs and profitability.
    Concerns regarding environmental pollution and sustainability can affect the industry's reputation and public perception.

    Opportunities:
    The growing demand for advanced road and infrastructure materials presents significant growth opportunities for petroleum asphalt, which is known for its durability and longevity.
    The increasing trend of renewable and sustainable materials presents an opportunity for the development of new and eco-friendly petroleum asphalt products.
    The rapid urbanization and industrialization of developing countries, especially in Asia-Pacific, Middle East, and Africa, is expected to drive the demand for petroleum asphalt products.

    Threats:
    The fierce competition from alternative materials, such as concrete and polymer-modified asphalt, can limit the growth potential of the petroleum asphalt industry.
    Changes in regulations and safety standards, such as environmental regulations, can significantly impact the industry's operations and profitability.
    The emergence of counterfeit products or low-quality petroleum asphalt products in various industries can harm the industry's reputation and affect consumer trust in the product.

    Key players in global Petroleum Asphalt market include:
    ExxonMobil
    Cnooc
    Sinopec
    CNPC
    ConocoPhillips
    CRH
    Pasargad Oil Company
    Marathon Oil
    Petrobras
    Total
    Valero
    Rosneft
    Axeon
    SK
    Tipco
    IOCL
    Gazprom Neft PJSC
    Pemex
    Suncor Energy
    Repsol
    Nynas
    HPCL
    Ko? Holding
    Shell
    LOTOS
    Husky Energy

    Market segmentation, by product types:
    Paving Petroleum Asphalt
    Industrial Petroleum Asphalt

    Market segmentation, by applications:
    Paving
    Roofing
    Other
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