Global Asphalt (Bitumen) Market Growth 2025-2031

October 2025 | 163 pages | ID: A171300A715BEN
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The global Asphalt (Bitumen) market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.

Asphalt, also known as bitumen, is a sticky, black, and highly viscous liquid or semi-solid form of petroleum. It may be found in natural deposits or may be a refined product, and is classed as a pitch.

The main use of asphalt is road construction, and 80% of asphalt is used for road construction. Asphalt can also be used as a waterproof product, such as roofing felt.

LP Information, Inc. (LPI) ' newest research report, the ?Asphalt (Bitumen) Industry Forecast? looks at past sales and reviews total world Asphalt (Bitumen) sales in 2024, providing a comprehensive analysis by region and market sector of projected Asphalt (Bitumen) sales for 2025 through 2031. With Asphalt (Bitumen) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Asphalt (Bitumen) industry.

This Insight Report provides a comprehensive analysis of the global Asphalt (Bitumen) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Asphalt (Bitumen) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms? unique position in an accelerating global Asphalt (Bitumen) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Asphalt (Bitumen) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Asphalt (Bitumen).

This report presents a comprehensive overview, market shares, and growth opportunities of Asphalt (Bitumen) market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
  • Paving Petroleum Asphalt
  • Industrial Petroleum Asphalt
  • Others
Segmentation by Application:
  • Paving
  • Roofing
  • Others
This report also splits the market by region:
  • Americas
    • United States
    • Canada
    • Mexico
    • Brazil
  • APAC
    • China
    • Japan
    • Korea
    • Southeast Asia
    • India
    • Australia
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Russia
  • Middle East & Africa
    • Egypt
    • South Africa
    • Israel
    • Turkey
    • GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
  • CNPC
  • Sinopec
  • CNOOC
  • Rosneft
  • LUKOIL
  • BPCL
  • IOCL
  • HPCL
  • SK
  • S-Oil
  • Shell
  • ExxonMobil
  • Pertamina
  • Tipco Asphalt
  • LOTOS
  • Marathon Oil
  • KocHolding
  • CRH
  • Nynas
  • Phillips 66 Company
  • Suncor Energy
  • Husky Energy
Key Questions Addressed in this Report

What is the 10-year outlook for the global Asphalt (Bitumen) market?
What factors are driving Asphalt (Bitumen) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Asphalt (Bitumen) market opportunities vary by end market size?
How does Asphalt (Bitumen) break out by Type, by Application?
1 SCOPE OF THE REPORT

1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats

2 EXECUTIVE SUMMARY

2.1 World Market Overview
  2.1.1 Global Asphalt (Bitumen) Annual Sales 2020-2031
  2.1.2 World Current & Future Analysis for Asphalt (Bitumen) by Geographic Region, 2020, 2024 & 2031
  2.1.3 World Current & Future Analysis for Asphalt (Bitumen) by Country/Region, 2020, 2024 & 2031
2.2 Asphalt (Bitumen) Segment by Type
  2.2.1 Paving Petroleum Asphalt
  2.2.2 Industrial Petroleum Asphalt
  2.2.3 Others
2.3 Asphalt (Bitumen) Sales by Type
  2.3.1 Global Asphalt (Bitumen) Sales Market Share by Type (2020-2025)
  2.3.2 Global Asphalt (Bitumen) Revenue and Market Share by Type (2020-2025)
  2.3.3 Global Asphalt (Bitumen) Sale Price by Type (2020-2025)
2.4 Asphalt (Bitumen) Segment by Application
  2.4.1 Paving
  2.4.2 Roofing
  2.4.3 Others
2.5 Asphalt (Bitumen) Sales by Application
  2.5.1 Global Asphalt (Bitumen) Sale Market Share by Application (2020-2025)
  2.5.2 Global Asphalt (Bitumen) Revenue and Market Share by Application (2020-2025)
  2.5.3 Global Asphalt (Bitumen) Sale Price by Application (2020-2025)

3 GLOBAL BY COMPANY

3.1 Global Asphalt (Bitumen) Breakdown Data by Company
  3.1.1 Global Asphalt (Bitumen) Annual Sales by Company (2020-2025)
  3.1.2 Global Asphalt (Bitumen) Sales Market Share by Company (2020-2025)
3.2 Global Asphalt (Bitumen) Annual Revenue by Company (2020-2025)
  3.2.1 Global Asphalt (Bitumen) Revenue by Company (2020-2025)
  3.2.2 Global Asphalt (Bitumen) Revenue Market Share by Company (2020-2025)
3.3 Global Asphalt (Bitumen) Sale Price by Company
3.4 Key Manufacturers Asphalt (Bitumen) Producing Area Distribution, Sales Area, Product Type
  3.4.1 Key Manufacturers Asphalt (Bitumen) Product Location Distribution
  3.4.2 Players Asphalt (Bitumen) Products Offered
3.5 Market Concentration Rate Analysis
  3.5.1 Competition Landscape Analysis
  3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy

4 WORLD HISTORIC REVIEW FOR ASPHALT (BITUMEN) BY GEOGRAPHIC REGION

4.1 World Historic Asphalt (Bitumen) Market Size by Geographic Region (2020-2025)
  4.1.1 Global Asphalt (Bitumen) Annual Sales by Geographic Region (2020-2025)
  4.1.2 Global Asphalt (Bitumen) Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Asphalt (Bitumen) Market Size by Country/Region (2020-2025)
  4.2.1 Global Asphalt (Bitumen) Annual Sales by Country/Region (2020-2025)
  4.2.2 Global Asphalt (Bitumen) Annual Revenue by Country/Region (2020-2025)
4.3 Americas Asphalt (Bitumen) Sales Growth
4.4 APAC Asphalt (Bitumen) Sales Growth
4.5 Europe Asphalt (Bitumen) Sales Growth
4.6 Middle East & Africa Asphalt (Bitumen) Sales Growth

5 AMERICAS

5.1 Americas Asphalt (Bitumen) Sales by Country
  5.1.1 Americas Asphalt (Bitumen) Sales by Country (2020-2025)
  5.1.2 Americas Asphalt (Bitumen) Revenue by Country (2020-2025)
5.2 Americas Asphalt (Bitumen) Sales by Type (2020-2025)
5.3 Americas Asphalt (Bitumen) Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil

6 APAC

6.1 APAC Asphalt (Bitumen) Sales by Region
  6.1.1 APAC Asphalt (Bitumen) Sales by Region (2020-2025)
  6.1.2 APAC Asphalt (Bitumen) Revenue by Region (2020-2025)
6.2 APAC Asphalt (Bitumen) Sales by Type (2020-2025)
6.3 APAC Asphalt (Bitumen) Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan

7 EUROPE

7.1 Europe Asphalt (Bitumen) by Country
  7.1.1 Europe Asphalt (Bitumen) Sales by Country (2020-2025)
  7.1.2 Europe Asphalt (Bitumen) Revenue by Country (2020-2025)
7.2 Europe Asphalt (Bitumen) Sales by Type (2020-2025)
7.3 Europe Asphalt (Bitumen) Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia

8 MIDDLE EAST & AFRICA

8.1 Middle East & Africa Asphalt (Bitumen) by Country
  8.1.1 Middle East & Africa Asphalt (Bitumen) Sales by Country (2020-2025)
  8.1.2 Middle East & Africa Asphalt (Bitumen) Revenue by Country (2020-2025)
8.2 Middle East & Africa Asphalt (Bitumen) Sales by Type (2020-2025)
8.3 Middle East & Africa Asphalt (Bitumen) Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries

9 MARKET DRIVERS, CHALLENGES AND TRENDS

9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends

10 MANUFACTURING COST STRUCTURE ANALYSIS

10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Asphalt (Bitumen)
10.3 Manufacturing Process Analysis of Asphalt (Bitumen)
10.4 Industry Chain Structure of Asphalt (Bitumen)

11 MARKETING, DISTRIBUTORS AND CUSTOMER

11.1 Sales Channel
  11.1.1 Direct Channels
  11.1.2 Indirect Channels
11.2 Asphalt (Bitumen) Distributors
11.3 Asphalt (Bitumen) Customer

12 WORLD FORECAST REVIEW FOR ASPHALT (BITUMEN) BY GEOGRAPHIC REGION

12.1 Global Asphalt (Bitumen) Market Size Forecast by Region
  12.1.1 Global Asphalt (Bitumen) Forecast by Region (2026-2031)
  12.1.2 Global Asphalt (Bitumen) Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Asphalt (Bitumen) Forecast by Type (2026-2031)
12.7 Global Asphalt (Bitumen) Forecast by Application (2026-2031)

13 KEY PLAYERS ANALYSIS

13.1 CNPC
  13.1.1 CNPC Company Information
  13.1.2 CNPC Asphalt (Bitumen) Product Portfolios and Specifications
  13.1.3 CNPC Asphalt (Bitumen) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.1.4 CNPC Main Business Overview
  13.1.5 CNPC Latest Developments
13.2 Sinopec
  13.2.1 Sinopec Company Information
  13.2.2 Sinopec Asphalt (Bitumen) Product Portfolios and Specifications
  13.2.3 Sinopec Asphalt (Bitumen) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.2.4 Sinopec Main Business Overview
  13.2.5 Sinopec Latest Developments
13.3 CNOOC
  13.3.1 CNOOC Company Information
  13.3.2 CNOOC Asphalt (Bitumen) Product Portfolios and Specifications
  13.3.3 CNOOC Asphalt (Bitumen) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.3.4 CNOOC Main Business Overview
  13.3.5 CNOOC Latest Developments
13.4 Rosneft
  13.4.1 Rosneft Company Information
  13.4.2 Rosneft Asphalt (Bitumen) Product Portfolios and Specifications
  13.4.3 Rosneft Asphalt (Bitumen) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.4.4 Rosneft Main Business Overview
  13.4.5 Rosneft Latest Developments
13.5 LUKOIL
  13.5.1 LUKOIL Company Information
  13.5.2 LUKOIL Asphalt (Bitumen) Product Portfolios and Specifications
  13.5.3 LUKOIL Asphalt (Bitumen) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.5.4 LUKOIL Main Business Overview
  13.5.5 LUKOIL Latest Developments
13.6 BPCL
  13.6.1 BPCL Company Information
  13.6.2 BPCL Asphalt (Bitumen) Product Portfolios and Specifications
  13.6.3 BPCL Asphalt (Bitumen) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.6.4 BPCL Main Business Overview
  13.6.5 BPCL Latest Developments
13.7 IOCL
  13.7.1 IOCL Company Information
  13.7.2 IOCL Asphalt (Bitumen) Product Portfolios and Specifications
  13.7.3 IOCL Asphalt (Bitumen) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.7.4 IOCL Main Business Overview
  13.7.5 IOCL Latest Developments
13.8 HPCL
  13.8.1 HPCL Company Information
  13.8.2 HPCL Asphalt (Bitumen) Product Portfolios and Specifications
  13.8.3 HPCL Asphalt (Bitumen) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.8.4 HPCL Main Business Overview
  13.8.5 HPCL Latest Developments
13.9 SK
  13.9.1 SK Company Information
  13.9.2 SK Asphalt (Bitumen) Product Portfolios and Specifications
  13.9.3 SK Asphalt (Bitumen) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.9.4 SK Main Business Overview
  13.9.5 SK Latest Developments
13.10 S-Oil
  13.10.1 S-Oil Company Information
  13.10.2 S-Oil Asphalt (Bitumen) Product Portfolios and Specifications
  13.10.3 S-Oil Asphalt (Bitumen) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.10.4 S-Oil Main Business Overview
  13.10.5 S-Oil Latest Developments
13.11 Shell
  13.11.1 Shell Company Information
  13.11.2 Shell Asphalt (Bitumen) Product Portfolios and Specifications
  13.11.3 Shell Asphalt (Bitumen) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.11.4 Shell Main Business Overview
  13.11.5 Shell Latest Developments
13.12 ExxonMobil
  13.12.1 ExxonMobil Company Information
  13.12.2 ExxonMobil Asphalt (Bitumen) Product Portfolios and Specifications
  13.12.3 ExxonMobil Asphalt (Bitumen) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.12.4 ExxonMobil Main Business Overview
  13.12.5 ExxonMobil Latest Developments
13.13 Pertamina
  13.13.1 Pertamina Company Information
  13.13.2 Pertamina Asphalt (Bitumen) Product Portfolios and Specifications
  13.13.3 Pertamina Asphalt (Bitumen) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.13.4 Pertamina Main Business Overview
  13.13.5 Pertamina Latest Developments
13.14 Tipco Asphalt
  13.14.1 Tipco Asphalt Company Information
  13.14.2 Tipco Asphalt Asphalt (Bitumen) Product Portfolios and Specifications
  13.14.3 Tipco Asphalt Asphalt (Bitumen) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.14.4 Tipco Asphalt Main Business Overview
  13.14.5 Tipco Asphalt Latest Developments
13.15 LOTOS
  13.15.1 LOTOS Company Information
  13.15.2 LOTOS Asphalt (Bitumen) Product Portfolios and Specifications
  13.15.3 LOTOS Asphalt (Bitumen) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.15.4 LOTOS Main Business Overview
  13.15.5 LOTOS Latest Developments
13.16 Marathon Oil
  13.16.1 Marathon Oil Company Information
  13.16.2 Marathon Oil Asphalt (Bitumen) Product Portfolios and Specifications
  13.16.3 Marathon Oil Asphalt (Bitumen) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.16.4 Marathon Oil Main Business Overview
  13.16.5 Marathon Oil Latest Developments
13.17 KocHolding
  13.17.1 KocHolding Company Information
  13.17.2 KocHolding Asphalt (Bitumen) Product Portfolios and Specifications
  13.17.3 KocHolding Asphalt (Bitumen) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.17.4 KocHolding Main Business Overview
  13.17.5 KocHolding Latest Developments
13.18 CRH
  13.18.1 CRH Company Information
  13.18.2 CRH Asphalt (Bitumen) Product Portfolios and Specifications
  13.18.3 CRH Asphalt (Bitumen) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.18.4 CRH Main Business Overview
  13.18.5 CRH Latest Developments
13.19 Nynas
  13.19.1 Nynas Company Information
  13.19.2 Nynas Asphalt (Bitumen) Product Portfolios and Specifications
  13.19.3 Nynas Asphalt (Bitumen) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.19.4 Nynas Main Business Overview
  13.19.5 Nynas Latest Developments
13.20 Phillips 66 Company
  13.20.1 Phillips 66 Company Company Information
  13.20.2 Phillips 66 Company Asphalt (Bitumen) Product Portfolios and Specifications
  13.20.3 Phillips 66 Company Asphalt (Bitumen) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.20.4 Phillips 66 Company Main Business Overview
  13.20.5 Phillips 66 Company Latest Developments
13.21 Suncor Energy
  13.21.1 Suncor Energy Company Information
  13.21.2 Suncor Energy Asphalt (Bitumen) Product Portfolios and Specifications
  13.21.3 Suncor Energy Asphalt (Bitumen) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.21.4 Suncor Energy Main Business Overview
  13.21.5 Suncor Energy Latest Developments
13.22 Husky Energy
  13.22.1 Husky Energy Company Information
  13.22.2 Husky Energy Asphalt (Bitumen) Product Portfolios and Specifications
  13.22.3 Husky Energy Asphalt (Bitumen) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.22.4 Husky Energy Main Business Overview
  13.22.5 Husky Energy Latest Developments

14 RESEARCH FINDINGS AND CONCLUSION



LIST OF TABLES

Table 1. Asphalt (Bitumen) Annual Sales CAGR by Geographic Region (2020, 2024 & 2031) & ($ millions)
Table 2. Asphalt (Bitumen) Annual Sales CAGR by Country/Region (2020, 2024 & 2031) & ($ millions)
Table 3. Major Players of Paving Petroleum Asphalt
Table 4. Major Players of Industrial Petroleum Asphalt
Table 5. Major Players of Others
Table 6. Global Asphalt (Bitumen) Sales by Type (2020-2025) & (K MT)
Table 7. Global Asphalt (Bitumen) Sales Market Share by Type (2020-2025)
Table 8. Global Asphalt (Bitumen) Revenue by Type (2020-2025) & ($ million)
Table 9. Global Asphalt (Bitumen) Revenue Market Share by Type (2020-2025)
Table 10. Global Asphalt (Bitumen) Sale Price by Type (2020-2025) & (USD/MT)
Table 11. Global Asphalt (Bitumen) Sale by Application (2020-2025) & (K MT)
Table 12. Global Asphalt (Bitumen) Sale Market Share by Application (2020-2025)
Table 13. Global Asphalt (Bitumen) Revenue by Application (2020-2025) & ($ million)
Table 14. Global Asphalt (Bitumen) Revenue Market Share by Application (2020-2025)
Table 15. Global Asphalt (Bitumen) Sale Price by Application (2020-2025) & (USD/MT)
Table 16. Global Asphalt (Bitumen) Sales by Company (2020-2025) & (K MT)
Table 17. Global Asphalt (Bitumen) Sales Market Share by Company (2020-2025)
Table 18. Global Asphalt (Bitumen) Revenue by Company (2020-2025) & ($ millions)
Table 19. Global Asphalt (Bitumen) Revenue Market Share by Company (2020-2025)
Table 20. Global Asphalt (Bitumen) Sale Price by Company (2020-2025) & (USD/MT)
Table 21. Key Manufacturers Asphalt (Bitumen) Producing Area Distribution and Sales Area
Table 22. Players Asphalt (Bitumen) Products Offered
Table 23. Asphalt (Bitumen) Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
Table 24. New Products and Potential Entrants
Table 25. Market M&A Activity & Strategy
Table 26. Global Asphalt (Bitumen) Sales by Geographic Region (2020-2025) & (K MT)
Table 27. Global Asphalt (Bitumen) Sales Market Share Geographic Region (2020-2025)
Table 28. Global Asphalt (Bitumen) Revenue by Geographic Region (2020-2025) & ($ millions)
Table 29. Global Asphalt (Bitumen) Revenue Market Share by Geographic Region (2020-2025)
Table 30. Global Asphalt (Bitumen) Sales by Country/Region (2020-2025) & (K MT)
Table 31. Global Asphalt (Bitumen) Sales Market Share by Country/Region (2020-2025)
Table 32. Global Asphalt (Bitumen) Revenue by Country/Region (2020-2025) & ($ millions)
Table 33. Global Asphalt (Bitumen) Revenue Market Share by Country/Region (2020-2025)
Table 34. Americas Asphalt (Bitumen) Sales by Country (2020-2025) & (K MT)
Table 35. Americas Asphalt (Bitumen) Sales Market Share by Country (2020-2025)
Table 36. Americas Asphalt (Bitumen) Revenue by Country (2020-2025) & ($ millions)
Table 37. Americas Asphalt (Bitumen) Sales by Type (2020-2025) & (K MT)
Table 38. Americas Asphalt (Bitumen) Sales by Application (2020-2025) & (K MT)
Table 39. APAC Asphalt (Bitumen) Sales by Region (2020-2025) & (K MT)
Table 40. APAC Asphalt (Bitumen) Sales Market Share by Region (2020-2025)
Table 41. APAC Asphalt (Bitumen) Revenue by Region (2020-2025) & ($ millions)
Table 42. APAC Asphalt (Bitumen) Sales by Type (2020-2025) & (K MT)
Table 43. APAC Asphalt (Bitumen) Sales by Application (2020-2025) & (K MT)
Table 44. Europe Asphalt (Bitumen) Sales by Country (2020-2025) & (K MT)
Table 45. Europe Asphalt (Bitumen) Revenue by Country (2020-2025) & ($ millions)
Table 46. Europe Asphalt (Bitumen) Sales by Type (2020-2025) & (K MT)
Table 47. Europe Asphalt (Bitumen) Sales by Application (2020-2025) & (K MT)
Table 48. Middle East & Africa Asphalt (Bitumen) Sales by Country (2020-2025) & (K MT)
Table 49. Middle East & Africa Asphalt (Bitumen) Revenue Market Share by Country (2020-2025)
Table 50. Middle East & Africa Asphalt (Bitumen) Sales by Type (2020-2025) & (K MT)
Table 51. Middle East & Africa Asphalt (Bitumen) Sales by Application (2020-2025) & (K MT)
Table 52. Key Market Drivers & Growth Opportunities of Asphalt (Bitumen)
Table 53. Key Market Challenges & Risks of Asphalt (Bitumen)
Table 54. Key Industry Trends of Asphalt (Bitumen)
Table 55. Asphalt (Bitumen) Raw Material
Table 56. Key Suppliers of Raw Materials
Table 57. Asphalt (Bitumen) Distributors List
Table 58. Asphalt (Bitumen) Customer List
Table 59. Global Asphalt (Bitumen) Sales Forecast by Region (2026-2031) & (K MT)
Table 60. Global Asphalt (Bitumen) Revenue Forecast by Region (2026-2031) & ($ millions)
Table 61. Americas Asphalt (Bitumen) Sales Forecast by Country (2026-2031) & (K MT)
Table 62. Americas Asphalt (Bitumen) Annual Revenue Forecast by Country (2026-2031) & ($ millions)
Table 63. APAC Asphalt (Bitumen) Sales Forecast by Region (2026-2031) & (K MT)
Table 64. APAC Asphalt (Bitumen) Annual Revenue Forecast by Region (2026-2031) & ($ millions)
Table 65. Europe Asphalt (Bitumen) Sales Forecast by Country (2026-2031) & (K MT)
Table 66. Europe Asphalt (Bitumen) Revenue Forecast by Country (2026-2031) & ($ millions)
Table 67. Middle East & Africa Asphalt (Bitumen) Sales Forecast by Country (2026-2031) & (K MT)
Table 68. Middle East & Africa Asphalt (Bitumen) Revenue Forecast by Country (2026-2031) & ($ millions)
Table 69. Global Asphalt (Bitumen) Sales Forecast by Type (2026-2031) & (K MT)
Table 70. Global Asphalt (Bitumen) Revenue Forecast by Type (2026-2031) & ($ millions)
Table 71. Global Asphalt (Bitumen) Sales Forecast by Application (2026-2031) & (K MT)
Table 72. Global Asphalt (Bitumen) Revenue Forecast by Application (2026-2031) & ($ millions)
Table 73. CNPC Basic Information, Asphalt (Bitumen) Manufacturing Base, Sales Area and Its Competitors
Table 74. CNPC Asphalt (Bitumen) Product Portfolios and Specifications
Table 75. CNPC Asphalt (Bitumen) Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 76. CNPC Main Business
Table 77. CNPC Latest Developments
Table 78. Sinopec Basic Information, Asphalt (Bitumen) Manufacturing Base, Sales Area and Its Competitors
Table 79. Sinopec Asphalt (Bitumen) Product Portfolios and Specifications
Table 80. Sinopec Asphalt (Bitumen) Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 81. Sinopec Main Business
Table 82. Sinopec Latest Developments
Table 83. CNOOC Basic Information, Asphalt (Bitumen) Manufacturing Base, Sales Area and Its Competitors
Table 84. CNOOC Asphalt (Bitumen) Product Portfolios and Specifications
Table 85. CNOOC Asphalt (Bitumen) Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 86. CNOOC Main Business
Table 87. CNOOC Latest Developments
Table 88. Rosneft Basic Information, Asphalt (Bitumen) Manufacturing Base, Sales Area and Its Competitors
Table 89. Rosneft Asphalt (Bitumen) Product Portfolios and Specifications
Table 90. Rosneft Asphalt (Bitumen) Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 91. Rosneft Main Business
Table 92. Rosneft Latest Developments
Table 93. LUKOIL Basic Information, Asphalt (Bitumen) Manufacturing Base, Sales Area and Its Competitors
Table 94. LUKOIL Asphalt (Bitumen) Product Portfolios and Specifications
Table 95. LUKOIL Asphalt (Bitumen) Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 96. LUKOIL Main Business
Table 97. LUKOIL Latest Developments
Table 98. BPCL Basic Information, Asphalt (Bitumen) Manufacturing Base, Sales Area and Its Competitors
Table 99. BPCL Asphalt (Bitumen) Product Portfolios and Specifications
Table 100. BPCL Asphalt (Bitumen) Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 101. BPCL Main Business
Table 102. BPCL Latest Developments
Table 103. IOCL Basic Information, Asphalt (Bitumen) Manufacturing Base, Sales Area and Its Competitors
Table 104. IOCL Asphalt (Bitumen) Product Portfolios and Specifications
Table 105. IOCL Asphalt (Bitumen) Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 106. IOCL Main Business
Table 107. IOCL Latest Developments
Table 108. HPCL Basic Information, Asphalt (Bitumen) Manufacturing Base, Sales Area and Its Competitors
Table 109. HPCL Asphalt (Bitumen) Product Portfolios and Specifications
Table 110. HPCL Asphalt (Bitumen) Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 111. HPCL Main Business
Table 112. HPCL Latest Developments
Table 113. SK Basic Information, Asphalt (Bitumen) Manufacturing Base, Sales Area and Its Competitors
Table 114. SK Asphalt (Bitumen) Product Portfolios and Specifications
Table 115. SK Asphalt (Bitumen) Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 116. SK Main Business
Table 117. SK Latest Developments
Table 118. S-Oil Basic Information, Asphalt (Bitumen) Manufacturing Base, Sales Area and Its Competitors
Table 119. S-Oil Asphalt (Bitumen) Product Portfolios and Specifications
Table 120. S-Oil Asphalt (Bitumen) Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 121. S-Oil Main Business
Table 122. S-Oil Latest Developments
Table 123. Shell Basic Information, Asphalt (Bitumen) Manufacturing Base, Sales Area and Its Competitors
Table 124. Shell Asphalt (Bitumen) Product Portfolios and Specifications
Table 125. Shell Asphalt (Bitumen) Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 126. Shell Main Business
Table 127. Shell Latest Developments
Table 128. ExxonMobil Basic Information, Asphalt (Bitumen) Manufacturing Base, Sales Area and Its Competitors
Table 129. ExxonMobil Asphalt (Bitumen) Product Portfolios and Specifications
Table 130. ExxonMobil Asphalt (Bitumen) Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 131. ExxonMobil Main Business
Table 132. ExxonMobil Latest Developments
Table 133. Pertamina Basic Information, Asphalt (Bitumen) Manufacturing Base, Sales Area and Its Competitors
Table 134. Pertamina Asphalt (Bitumen) Product Portfolios and Specifications
Table 135. Pertamina Asphalt (Bitumen) Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 136. Pertamina Main Business
Table 137. Pertamina Latest Developments
Table 138. Tipco Asphalt Basic Information, Asphalt (Bitumen) Manufacturing Base, Sales Area and Its Competitors
Table 139. Tipco Asphalt Asphalt (Bitumen) Product Portfolios and Specifications
Table 140. Tipco Asphalt Asphalt (Bitumen) Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 141. Tipco Asphalt Main Business
Table 142. Tipco Asphalt Latest Developments
Table 143. LOTOS Basic Information, Asphalt (Bitumen) Manufacturing Base, Sales Area and Its Competitors
Table 144. LOTOS Asphalt (Bitumen) Product Portfolios and Specifications
Table 145. LOTOS Asphalt (Bitumen) Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 146. LOTOS Main Business
Table 147. LOTOS Latest Developments
Table 148. Marathon Oil Basic Information, Asphalt (Bitumen) Manufacturing Base, Sales Area and Its Competitors
Table 149. Marathon Oil Asphalt (Bitumen) Product Portfolios and Specifications
Table 150. Marathon Oil Asphalt (Bitumen) Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 151. Marathon Oil Main Business
Table 152. Marathon Oil Latest Developments
Table 153. KocHolding Basic Information, Asphalt (Bitumen) Manufacturing Base, Sales Area and Its Competitors
Table 154. KocHolding Asphalt (Bitumen) Product Portfolios and Specifications
Table 155. KocHolding Asphalt (Bitumen) Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 156. KocHolding Main Business
Table 157. KocHolding Latest Developments
Table 158. CRH Basic Information, Asphalt (Bitumen) Manufacturing Base, Sales Area and Its Competitors
Table 159. CRH Asphalt (Bitumen) Product Portfolios and Specifications
Table 160. CRH Asphalt (Bitumen) Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 161. CRH Main Business
Table 162. CRH Latest Developments
Table 163. Nynas Basic Information, Asphalt (Bitumen) Manufacturing Base, Sales Area and Its Competitors
Table 164. Nynas Asphalt (Bitumen) Product Portfolios and Specifications
Table 165. Nynas Asphalt (Bitumen) Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 166. Nynas Main Business
Table 167. Nynas Latest Developments
Table 168. Phillips 66 Company Basic Information, Asphalt (Bitumen) Manufacturing Base, Sales Area and Its Competitors
Table 169. Phillips 66 Company Asphalt (Bitumen) Product Portfolios and Specifications
Table 170. Phillips 66 Company Asphalt (Bitumen) Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 171. Phillips 66 Company Main Business
Table 172. Phillips 66 Company Latest Developments
Table 173. Suncor Energy Basic Information, Asphalt (Bitumen) Manufacturing Base, Sales Area and Its Competitors
Table 174. Suncor Energy Asphalt (Bitumen) Product Portfolios and Specifications
Table 175. Suncor Energy Asphalt (Bitumen) Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 176. Suncor Energy Main Business
Table 177. Suncor Energy Latest Developments
Table 178. Husky Energy Basic Information, Asphalt (Bitumen) Manufacturing Base, Sales Area and Its Competitors
Table 179. Husky Energy Asphalt (Bitumen) Product Portfolios and Specifications
Table 180. Husky Energy Asphalt (Bitumen) Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 181. Husky Energy Main Business
Table 182. Husky Energy Latest Developments

LIST OF FIGURES

Figure 1. Picture of Asphalt (Bitumen)
Figure 2. Asphalt (Bitumen) Report Years Considered
Figure 3. Research Objectives
Figure 4. Research Methodology
Figure 5. Research Process and Data Source
Figure 6. Global Asphalt (Bitumen) Sales Growth Rate 2020-2031 (K MT)
Figure 7. Global Asphalt (Bitumen) Revenue Growth Rate 2020-2031 ($ millions)
Figure 8. Asphalt (Bitumen) Sales by Geographic Region (2020, 2024 & 2031) & ($ millions)
Figure 9. Asphalt (Bitumen) Sales Market Share by Country/Region (2024)
Figure 10. Asphalt (Bitumen) Sales Market Share by Country/Region (2020, 2024 & 2031)
Figure 11. Product Picture of Paving Petroleum Asphalt
Figure 12. Product Picture of Industrial Petroleum Asphalt
Figure 13. Product Picture of Others
Figure 14. Global Asphalt (Bitumen) Sales Market Share by Type in 2025
Figure 15. Global Asphalt (Bitumen) Revenue Market Share by Type (2020-2025)
Figure 16. Asphalt (Bitumen) Consumed in Paving
Figure 17. Global Asphalt (Bitumen) Market: Paving (2020-2025) & (K MT)
Figure 18. Asphalt (Bitumen) Consumed in Roofing
Figure 19. Global Asphalt (Bitumen) Market: Roofing (2020-2025) & (K MT)
Figure 20. Asphalt (Bitumen) Consumed in Others
Figure 21. Global Asphalt (Bitumen) Market: Others (2020-2025) & (K MT)
Figure 22. Global Asphalt (Bitumen) Sale Market Share by Application (2024)
Figure 23. Global Asphalt (Bitumen) Revenue Market Share by Application in 2025
Figure 24. Asphalt (Bitumen) Sales by Company in 2025 (K MT)
Figure 25. Global Asphalt (Bitumen) Sales Market Share by Company in 2025
Figure 26. Asphalt (Bitumen) Revenue by Company in 2025 ($ millions)
Figure 27. Global Asphalt (Bitumen) Revenue Market Share by Company in 2025
Figure 28. Global Asphalt (Bitumen) Sales Market Share by Geographic Region (2020-2025)
Figure 29. Global Asphalt (Bitumen) Revenue Market Share by Geographic Region in 2025
Figure 30. Americas Asphalt (Bitumen) Sales 2020-2025 (K MT)
Figure 31. Americas Asphalt (Bitumen) Revenue 2020-2025 ($ millions)
Figure 32. APAC Asphalt (Bitumen) Sales 2020-2025 (K MT)
Figure 33. APAC Asphalt (Bitumen) Revenue 2020-2025 ($ millions)
Figure 34. Europe Asphalt (Bitumen) Sales 2020-2025 (K MT)
Figure 35. Europe Asphalt (Bitumen) Revenue 2020-2025 ($ millions)
Figure 36. Middle East & Africa Asphalt (Bitumen) Sales 2020-2025 (K MT)
Figure 37. Middle East & Africa Asphalt (Bitumen) Revenue 2020-2025 ($ millions)
Figure 38. Americas Asphalt (Bitumen) Sales Market Share by Country in 2025
Figure 39. Americas Asphalt (Bitumen) Revenue Market Share by Country (2020-2025)
Figure 40. Americas Asphalt (Bitumen) Sales Market Share by Type (2020-2025)
Figure 41. Americas Asphalt (Bitumen) Sales Market Share by Application (2020-2025)
Figure 42. United States Asphalt (Bitumen) Revenue Growth 2020-2025 ($ millions)
Figure 43. Canada Asphalt (Bitumen) Revenue Growth 2020-2025 ($ millions)
Figure 44. Mexico Asphalt (Bitumen) Revenue Growth 2020-2025 ($ millions)
Figure 45. Brazil Asphalt (Bitumen) Revenue Growth 2020-2025 ($ millions)
Figure 46. APAC Asphalt (Bitumen) Sales Market Share by Region in 2025
Figure 47. APAC Asphalt (Bitumen) Revenue Market Share by Region (2020-2025)
Figure 48. APAC Asphalt (Bitumen) Sales Market Share by Type (2020-2025)
Figure 49. APAC Asphalt (Bitumen) Sales Market Share by Application (2020-2025)
Figure 50. China Asphalt (Bitumen) Revenue Growth 2020-2025 ($ millions)
Figure 51. Japan Asphalt (Bitumen) Revenue Growth 2020-2025 ($ millions)
Figure 52. South Korea Asphalt (Bitumen) Revenue Growth 2020-2025 ($ millions)
Figure 53. Southeast Asia Asphalt (Bitumen) Revenue Growth 2020-2025 ($ millions)
Figure 54. India Asphalt (Bitumen) Revenue Growth 2020-2025 ($ millions)
Figure 55. Australia Asphalt (Bitumen) Revenue Growth 2020-2025 ($ millions)
Figure 56. China Taiwan Asphalt (Bitumen) Revenue Growth 2020-2025 ($ millions)
Figure 57. Europe Asphalt (Bitumen) Sales Market Share by Country in 2025
Figure 58. Europe Asphalt (Bitumen) Revenue Market Share by Country (2020-2025)
Figure 59. Europe Asphalt (Bitumen) Sales Market Share by Type (2020-2025)
Figure 60. Europe Asphalt (Bitumen) Sales Market Share by Application (2020-2025)
Figure 61. Germany Asphalt (Bitumen) Revenue Growth 2020-2025 ($ millions)
Figure 62. France Asphalt (Bitumen) Revenue Growth 2020-2025 ($ millions)
Figure 63. UK Asphalt (Bitumen) Revenue Growth 2020-2025 ($ millions)
Figure 64. Italy Asphalt (Bitumen) Revenue Growth 2020-2025 ($ millions)
Figure 65. Russia Asphalt (Bitumen) Revenue Growth 2020-2025 ($ millions)
Figure 66. Middle East & Africa Asphalt (Bitumen) Sales Market Share by Country (2020-2025)
Figure 67. Middle East & Africa Asphalt (Bitumen) Sales Market Share by Type (2020-2025)
Figure 68. Middle East & Africa Asphalt (Bitumen) Sales Market Share by Application (2020-2025)
Figure 69. Egypt Asphalt (Bitumen) Revenue Growth 2020-2025 ($ millions)
Figure 70. South Africa Asphalt (Bitumen) Revenue Growth 2020-2025 ($ millions)
Figure 71. Israel Asphalt (Bitumen) Revenue Growth 2020-2025 ($ millions)
Figure 72. Turkey Asphalt (Bitumen) Revenue Growth 2020-2025 ($ millions)
Figure 73. GCC Countries Asphalt (Bitumen) Revenue Growth 2020-2025 ($ millions)
Figure 74. Manufacturing Cost Structure Analysis of Asphalt (Bitumen) in 2025
Figure 75. Manufacturing Process Analysis of Asphalt (Bitumen)
Figure 76. Industry Chain Structure of Asphalt (Bitumen)
Figure 77. Channels of Distribution
Figure 78. Global Asphalt (Bitumen) Sales Market Forecast by Region (2026-2031)
Figure 79. Global Asphalt (Bitumen) Revenue Market Share Forecast by Region (2026-2031)
Figure 80. Global Asphalt (Bitumen) Sales Market Share Forecast by Type (2026-2031)
Figure 81. Global Asphalt (Bitumen) Revenue Market Share Forecast by Type (2026-2031)
Figure 82. Global Asphalt (Bitumen) Sales Market Share Forecast by Application (2026-2031)
Figure 83. Global Asphalt (Bitumen) Revenue Market Share Forecast by Application (2026-2031)


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