Bitumen Market Size, Share & Trends Analysis Report By Application (Roadways, Waterproofing, Adhesives, Insulation), By Region (North America, Europe), And Segment Forecasts, 2024 - 2030
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Biosurgery Market Growth & Trends
The global biosurgery market size is anticipated to reach USD 35.85 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 4.7% from 2024 to 2030. Factors such as the availability of multifunctional products and increasing number of surgeries due to prevalence of lifestyle related disease, obesity, and sports related injuries are projected to drive the growth. Biosurgery products are used in surgical procedures for adhesion or wound sealing and healing damaged bones and tissues.
Biosurgery products are used for the treatment of chronic wounds, such as burns, foot ulcer, malignant wounds, and infected surgical wounds. Furthermore, increasing incidence of blood clotting among patients prone to excessive blood loss is expected to drive the market growth. Moreover, rising need for blood loss management and various severe trauma injuries is expected to drive the growth of biosurgery market over the forecast period.
High prevalence of diabetes increases the risk of wounds and infections, creating requirement for biosurgery products. According to the American College of Physicians, the global annual incidence of diabetic foot ulcer was 6.3% in 2017. This factor is projected to drive the product demand in the forthcoming years. Moreover, rising geriatric population prone to various chronic diseases is expected to propel the market. According to the World Health Organization (WHO), the global aging population is expected to reach 2 billion by 2050, from 900 million in 2015. Application of biosurgery in other surgical procedures, such as orthopedic, neurological, and gynecology surgeries is expected to drive the market.
Biosurgery Market Report Highlights
Biosurgery Market Growth & Trends
The global biosurgery market size is anticipated to reach USD 35.85 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 4.7% from 2024 to 2030. Factors such as the availability of multifunctional products and increasing number of surgeries due to prevalence of lifestyle related disease, obesity, and sports related injuries are projected to drive the growth. Biosurgery products are used in surgical procedures for adhesion or wound sealing and healing damaged bones and tissues.
Biosurgery products are used for the treatment of chronic wounds, such as burns, foot ulcer, malignant wounds, and infected surgical wounds. Furthermore, increasing incidence of blood clotting among patients prone to excessive blood loss is expected to drive the market growth. Moreover, rising need for blood loss management and various severe trauma injuries is expected to drive the growth of biosurgery market over the forecast period.
High prevalence of diabetes increases the risk of wounds and infections, creating requirement for biosurgery products. According to the American College of Physicians, the global annual incidence of diabetic foot ulcer was 6.3% in 2017. This factor is projected to drive the product demand in the forthcoming years. Moreover, rising geriatric population prone to various chronic diseases is expected to propel the market. According to the World Health Organization (WHO), the global aging population is expected to reach 2 billion by 2050, from 900 million in 2015. Application of biosurgery in other surgical procedures, such as orthopedic, neurological, and gynecology surgeries is expected to drive the market.
Biosurgery Market Report Highlights
- Surgical sealants dominated the biosurgery market with a revenue share of 26.9% in 2023. The growth of this segment is primarily influenced by the growing number of surgeries performed for various reasons.
- The general surgery application segment dominated the global industry for biosurgery in 2023 and the cardiovascular surgery application segment is expected to experience the fastest CAGR from 2024 to 2030.
- North America biosurgery market dominated the global industry and accounted for the largest revenue share of 50.1% in 2023.
- The Asia-Pacific biosurgery market is anticipated to witness the fastest CAGR of 6.0% during the forecast period. The projected growth rate is attributed to rapid economic growth in countries such as China and India, increasing disposable income levels, and rising healthcare infrastructure.
CHAPTER 1. METHODOLOGY AND SCOPE
1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
1.3.1. Information Procurement
1.3.2. Information or Data Analysis
1.3.3. Market Formulation & Data Visualization
1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
CHAPTER 3. BITUMEN MARKET VARIABLES, TRENDS, & SCOPE
3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Million, Kilo Tons)
3.3. Market Dynamics
3.3.1. Market Drivers Analysis
3.3.2. Market Restraints Analysis
3.4. Bitumen Market Analysis Tools
3.4.1. Porter’s Analysis
3.4.1.1. Bargaining Power of The Suppliers
3.4.1.2. Bargaining Power of The Buyers
3.4.1.3. Threats Of Substitution
3.4.1.4. Threats From New Entrants
3.4.1.5. Competitive Rivalry
3.4.2. PESTEL Analysis
3.4.2.1. Political Landscape
3.4.2.2. Economic And Social Landscape
3.4.2.3. Technological Landscape
3.4.2.4. Environmental Landscape
3.4.2.5. Legal Landscape
CHAPTER 4. BITUMEN MARKET: APPLICATION ESTIMATES & TREND ANALYSIS
4.1. Segment Dashboard
4.2. Bitumen Market: Technology Movement Analysis, 2023 & 2030 (USD Million)
4.3. Roadways
4.3.1. Roadways Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilo Tons)
4.4. Waterproofing
4.4.1. Waterproofing Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilo Tons)
4.5. Adhesives
4.5.1. Adhesives Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilo Tons)
4.6. Insulation
4.6.1. Insulation Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilo Tons)
4.7. Others
4.7.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilo Tons)
CHAPTER 5. BITUMEN MARKET: REGIONAL ESTIMATES & TREND ANALYSIS
5.1. Bitumen Market Share, By Region, 2023 & 2030 (USD Million)
5.2. North America
5.2.1. North America Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
5.2.2. U.S.
5.2.2.1. U.S. Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
5.2.3. Canada
5.2.3.1. Canada Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
5.2.4. Mexico
5.2.4.1. Mexico Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
5.3. Europe
5.3.1. Europe Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
5.3.2. UK
5.3.2.1. UK Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
5.3.3. Germany
5.3.3.1. Germany Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
5.3.4. France
5.3.4.1. France Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
5.3.5. Russia
5.3.5.1. Russia Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
5.3.6. Turkey
5.3.6.1. Turkey Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
5.4. Asia Pacific
5.4.1. Asia Pacific Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
5.4.2. China
5.4.2.1. China Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
5.4.3. Japan
5.4.3.1. Japan Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
5.4.4. India
5.4.4.1. India Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
5.4.5. South Korea
5.4.5.1. South Korea Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
5.4.6. Taiwan
5.4.6.1. Taiwan Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
5.5. Latin America
5.5.1. Latin America Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
5.5.2. Brazil
5.5.2.1. Brazil Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
5.5.3. Argentina
5.5.3.1. Argentina Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilo Tons)
5.6. Middle East and Africa
5.6.1. Middle East and Africa Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
5.6.2. Saudi Arabia
5.6.2.1. Saudi Arabia Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
CHAPTER 6. COMPETITIVE LANDSCAPE
6.1. Recent Developments & Impact Analysis by Key Market Participants
6.2. Company Categorization
6.3. Company Heat Map Analysis
6.4. Company Profiles
6.4.1. Shell Bitumen
6.4.1.1. Participant’s Overview
6.4.1.2. Financial Performance
6.4.1.3. Product Benchmarking
6.4.1.4. Recent Developments/ Strategic Initiatives
6.4.2. NuStar Energy
6.4.2.1. Participant’s Overview
6.4.2.2. Financial Performance
6.4.2.3. Product Benchmarking
6.4.2.4. Recent Developments/ Strategic Initiatives
6.4.3. Exxon Mobil
6.4.3.1. Participant’s Overview
6.4.3.2. Financial Performance
6.4.3.3. Product Benchmarking
6.4.3.4. Recent Developments/ Strategic Initiatives
6.4.4. Marathon Oil Corporation
6.4.4.1. Participant’s Overview
6.4.4.2. Financial Performance
6.4.4.3. Product Benchmarking
6.4.4.4. Recent Developments/ Strategic Initiative
6.4.5. Valero Energy Corporation
6.4.5.1. Participant’s Overview
6.4.5.2. Financial Performance
6.4.5.3. Product Benchmarking
6.4.5.4. Recent Developments/ Strategic Initiatives
6.4.6. Nynas AB
6.4.6.1. Participant’s Overview
6.4.6.2. Financial Performance
6.4.6.3. Product Benchmarking
6.4.6.4. Recent Developments/ Strategic Initiatives
6.4.7. Petrуleos Mexicanos (PEMEX)
6.4.7.1. Participant’s Overview
6.4.7.2. Financial Performance
6.4.7.3. Product Benchmarking
6.4.7.4. Recent Developments/ Strategic Initiatives
6.4.8. Indian Oil Corporation
6.4.8.1. Participant’s Overview
6.4.8.2. Financial Performance
6.4.8.3. Product Benchmarking
6.4.8.4. Recent Developments/ Strategic Initiatives
6.4.9. Chevron Texaco Corporation
6.4.9.1. Participant’s Overview
6.4.9.2. Financial Performance
6.4.9.3. Product Benchmarking
6.4.9.4. Recent Developments/ Strategic Initiatives
6.4.10. Villas Austria GmbH
6.4.10.1. Participant’s Overview
6.4.10.2. Financial Performance
6.4.10.3. Product Benchmarking
6.4.10.4. Recent Developments/ Strategic Initiatives
1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
1.3.1. Information Procurement
1.3.2. Information or Data Analysis
1.3.3. Market Formulation & Data Visualization
1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
CHAPTER 3. BITUMEN MARKET VARIABLES, TRENDS, & SCOPE
3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Million, Kilo Tons)
3.3. Market Dynamics
3.3.1. Market Drivers Analysis
3.3.2. Market Restraints Analysis
3.4. Bitumen Market Analysis Tools
3.4.1. Porter’s Analysis
3.4.1.1. Bargaining Power of The Suppliers
3.4.1.2. Bargaining Power of The Buyers
3.4.1.3. Threats Of Substitution
3.4.1.4. Threats From New Entrants
3.4.1.5. Competitive Rivalry
3.4.2. PESTEL Analysis
3.4.2.1. Political Landscape
3.4.2.2. Economic And Social Landscape
3.4.2.3. Technological Landscape
3.4.2.4. Environmental Landscape
3.4.2.5. Legal Landscape
CHAPTER 4. BITUMEN MARKET: APPLICATION ESTIMATES & TREND ANALYSIS
4.1. Segment Dashboard
4.2. Bitumen Market: Technology Movement Analysis, 2023 & 2030 (USD Million)
4.3. Roadways
4.3.1. Roadways Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilo Tons)
4.4. Waterproofing
4.4.1. Waterproofing Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilo Tons)
4.5. Adhesives
4.5.1. Adhesives Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilo Tons)
4.6. Insulation
4.6.1. Insulation Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilo Tons)
4.7. Others
4.7.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilo Tons)
CHAPTER 5. BITUMEN MARKET: REGIONAL ESTIMATES & TREND ANALYSIS
5.1. Bitumen Market Share, By Region, 2023 & 2030 (USD Million)
5.2. North America
5.2.1. North America Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
5.2.2. U.S.
5.2.2.1. U.S. Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
5.2.3. Canada
5.2.3.1. Canada Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
5.2.4. Mexico
5.2.4.1. Mexico Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
5.3. Europe
5.3.1. Europe Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
5.3.2. UK
5.3.2.1. UK Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
5.3.3. Germany
5.3.3.1. Germany Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
5.3.4. France
5.3.4.1. France Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
5.3.5. Russia
5.3.5.1. Russia Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
5.3.6. Turkey
5.3.6.1. Turkey Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
5.4. Asia Pacific
5.4.1. Asia Pacific Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
5.4.2. China
5.4.2.1. China Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
5.4.3. Japan
5.4.3.1. Japan Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
5.4.4. India
5.4.4.1. India Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
5.4.5. South Korea
5.4.5.1. South Korea Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
5.4.6. Taiwan
5.4.6.1. Taiwan Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
5.5. Latin America
5.5.1. Latin America Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
5.5.2. Brazil
5.5.2.1. Brazil Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
5.5.3. Argentina
5.5.3.1. Argentina Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilo Tons)
5.6. Middle East and Africa
5.6.1. Middle East and Africa Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
5.6.2. Saudi Arabia
5.6.2.1. Saudi Arabia Bitumen Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
CHAPTER 6. COMPETITIVE LANDSCAPE
6.1. Recent Developments & Impact Analysis by Key Market Participants
6.2. Company Categorization
6.3. Company Heat Map Analysis
6.4. Company Profiles
6.4.1. Shell Bitumen
6.4.1.1. Participant’s Overview
6.4.1.2. Financial Performance
6.4.1.3. Product Benchmarking
6.4.1.4. Recent Developments/ Strategic Initiatives
6.4.2. NuStar Energy
6.4.2.1. Participant’s Overview
6.4.2.2. Financial Performance
6.4.2.3. Product Benchmarking
6.4.2.4. Recent Developments/ Strategic Initiatives
6.4.3. Exxon Mobil
6.4.3.1. Participant’s Overview
6.4.3.2. Financial Performance
6.4.3.3. Product Benchmarking
6.4.3.4. Recent Developments/ Strategic Initiatives
6.4.4. Marathon Oil Corporation
6.4.4.1. Participant’s Overview
6.4.4.2. Financial Performance
6.4.4.3. Product Benchmarking
6.4.4.4. Recent Developments/ Strategic Initiative
6.4.5. Valero Energy Corporation
6.4.5.1. Participant’s Overview
6.4.5.2. Financial Performance
6.4.5.3. Product Benchmarking
6.4.5.4. Recent Developments/ Strategic Initiatives
6.4.6. Nynas AB
6.4.6.1. Participant’s Overview
6.4.6.2. Financial Performance
6.4.6.3. Product Benchmarking
6.4.6.4. Recent Developments/ Strategic Initiatives
6.4.7. Petrуleos Mexicanos (PEMEX)
6.4.7.1. Participant’s Overview
6.4.7.2. Financial Performance
6.4.7.3. Product Benchmarking
6.4.7.4. Recent Developments/ Strategic Initiatives
6.4.8. Indian Oil Corporation
6.4.8.1. Participant’s Overview
6.4.8.2. Financial Performance
6.4.8.3. Product Benchmarking
6.4.8.4. Recent Developments/ Strategic Initiatives
6.4.9. Chevron Texaco Corporation
6.4.9.1. Participant’s Overview
6.4.9.2. Financial Performance
6.4.9.3. Product Benchmarking
6.4.9.4. Recent Developments/ Strategic Initiatives
6.4.10. Villas Austria GmbH
6.4.10.1. Participant’s Overview
6.4.10.2. Financial Performance
6.4.10.3. Product Benchmarking
6.4.10.4. Recent Developments/ Strategic Initiatives
