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市場調查報告書

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1406769

瀝青市場 - 2018-2028 年全球產業規模、佔有率、趨勢、機會和預測，按產品類型、按應用、地區和競爭細分

Bitumen Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Product Type, By Application, By Region and Competition

出版日期: 2023年11月07日 | 出版商:

TechSci Research | 英文 188 Pages | 商品交期: 2-3個工作天內

價格

簡介目錄

2022 年全球瀝青市場價值為 556.2 億美元，預計在預測期內將強勁成長，到 2028 年複合CAGR為3.76%。瀝青是一種油基物質和半固體碳氫化合物產品，通過去除較輕的物質而生產精煉過程中從重質原油中提取的餾分（例如液化石油氣、汽油和柴油）。它主要由碳 (87-92%)、氫 (6-8%)、硫 (~5%)、氮 (1%) 和氧 (1%) 組成。瀝青憑藉其獨特的物理特性，如附著力、耐水性、硬度和黏度，在各個行業中發揮著至關重要的作用，特別是在道路建設中。

瀝青的高黏度使其具有黏稠度，使其能夠將骨材黏合在一起，並在道路施工中形成黏性混合物。這項特性使其成為瀝青路面、路面修復和瀝青瓦生產的重要組成部分。瀝青的黏度可以透過加熱或添加特定添加劑來改變，以達到所需的流動特性，從而增強其在不同應用中的多功能性。

除了優異的黏合性能外，瀝青還具有卓越的防水能力。它形成防止水滲透的屏障，使其成為屋頂材料和防水膜的理想選擇。這種抗水損害的能力有助於保護結構免受潮濕相關問題的影響，提高其耐用性和壽命。

市場概況
預測期	2024-2028
2022 年市場規模	556.2億美元
2028 年市場規模	688.8億美元
2023-2028 年CAGR	3.76%
成長最快的細分市場	道路建設
最大的市場	亞太地區

此外，瀝青以其強大的粘合性能而聞名，使其能夠有效地將各種材料粘合在一起。這使其成為建築業廣泛使用的黏合劑，進一步將其應用範圍擴展到道路建設之外。

布依格公司
- Business Overview
- Company Snapshot
- Products & Services
- Current Capacity Analysis
- Financials (In case of listed)
- Recent Developments
- SWOT Analysis
英國石油公司
中國石油化工股份有限公司
埃克森美孚公司
Icopal ApS
印度石油有限公司
JXTG日本石油能源株式會社
科騰公司
尼納斯公司
殼牌PLC

第 15 章：策略建議

第 16 章：關於我們與免責聲明

簡介目錄

Product Code: 4053

Global Bitumen Market has valued at USD55.62 billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 3.76% through 2028. Bitumen is an oil-based substance and semi-solid hydrocarbon product produced by removing the lighter fractions (such as liquid petroleum gas, petrol, and diesel) from heavy crude oil during the refining process. It is primarily composed of carbon (87-92%), hydrogen (6-8%), sulfur (~5%), nitrogen (1%), and oxygen (1%). With its unique physical properties like adhesion, water resistance, hardness, and viscosity, bitumen plays a crucial role in various industries, particularly in road construction.

Bitumen's high viscosity gives it a thick and sticky consistency, which allows it to bind aggregates together and form a cohesive mixture in road construction. This property makes it an essential component for asphalt pavement, pavement repairs, and the production of asphalt shingles. The viscosity of bitumen can be modified by heating or adding specific additives to achieve the desired flow characteristics, enhancing its versatility in different applications.

In addition to its excellent binding properties, bitumen also exhibits exceptional waterproofing capabilities. It forms a barrier that prevents water penetration, making it ideal for roofing materials and waterproofing membranes. This ability to resist water damage helps protect structures from moisture-related issues, increasing their durability and longevity.

Market Overview
Forecast Period	2024-2028
Market Size 2022	USD 55.62 Billion
Market Size 2028	USD 68.88 Billion
CAGR 2023-2028	3.76%
Fastest Growing Segment	Road Construction
Largest Market	Asia Pacific

Furthermore, bitumen is known for its strong adhesive properties, enabling it to bond various materials together effectively. This makes it a widely used adhesive in the construction industry, further expanding its applications beyond road construction.

However, it is important to note that bitumen, being a petroleum-derived product, is non-renewable and not considered sustainable. As consumers become increasingly aware of the detrimental effects of petroleum products on the environment and human health, there has been extensive research focused on developing sustainable substitutes for asphalt. One such alternative is bio-asphalt, a non-petroleum-based binder made from biomass, including molasses, starch, trees, cellulose, natural latex, and other sustainable sources.

These efforts are driven by the goal of finding environmentally friendly solutions that minimize the reliance on non-renewable resources while still maintaining the desirable properties and functionality of bitumen. The development of sustainable alternatives like bio-asphalt aims to address these concerns and pave the way for a more environmentally conscious approach to road construction and other bitumen-related applications.

Key Market Drivers

Growth in Construction Industry

Bitumen, a semi-solid form of petroleum, is a vital component in road construction due to its excellent adhesive properties and durability. It is derived from crude oil and undergoes a refining process to obtain the desired consistency. Bitumen's unique characteristics make it an ideal binder for aggregates in asphalt, resulting in a smooth and durable road surface that can withstand heavy traffic and harsh weather conditions. Additionally, bitumen is widely used in waterproofing solutions for buildings, providing a protective barrier against water infiltration and reinforcing the resilience of construction projects.

The construction industry has witnessed a remarkable surge in recent years, primarily driven by increasing urbanization, population growth, and infrastructural development. Rapid urban expansion and the need for modern infrastructure have fueled the demand for bitumen in road construction, as well as in the construction of airports, ports, and other transportation facilities. Moreover, the rising socioeconomic conditions globally have contributed to the thriving construction industry, creating a conducive environment for the growth of the bitumen market.

The growth of the construction industry directly influences the global bitumen market. An increase in construction activities, especially road construction and infrastructure development, translates into higher demand for bitumen. This has led to a steady rise in the production and consumption of bitumen worldwide, driving the market's expansion. Furthermore, the trends in the construction industry, such as the focus on building long-lasting infrastructure and the move towards sustainable practices, have further boosted the demand for bitumen. The development of modified bitumen, which offers enhanced properties like increased elasticity and improved resistance to aging and cracking, is a testament to this trend.

In conclusion, the growth in the construction industry is a significant driver of the global bitumen market. As construction activities increase worldwide, driven by urbanization, population growth, and infrastructural development, the demand for bitumen is expected to continue to rise. The industry's focus on building durable infrastructure and adopting sustainable practices further contributes to the growth of the bitumen market. With ongoing advancements in technology and the development of innovative bitumen products, the market is poised for further expansion in the coming years.

Surge in Technological Advancements

Bitumen, a sticky, black, and highly viscous liquid, or semi-solid form of petroleum, plays a crucial role in road construction due to its exceptional adhesive properties and long-lasting durability. Its water-resistant properties also make it a valuable component in waterproofing systems and certain types of paints.

In recent years, the bitumen industry has experienced a remarkable wave of technological advancements. One notable development is modified bitumen, which offers superior properties compared to traditional bitumen. These include enhanced resistance to deformation, improved aging characteristics, and increased overall durability. The introduction of modified bitumen has revolutionized various sectors, including road construction, roofing, and insulation, driving a significant surge in demand across the market.

Moreover, these technological advancements have had a profound impact on the global bitumen market. Not only have they improved the performance characteristics of bitumen, but they have also expanded its range of applications. As a result, modified bitumen has gained substantial traction in different industries, catering to the evolving needs of environmentally-conscious consumers and organizations.

Furthermore, the development of new production and application technologies has paved the way for more efficient and sustainable practices within the bitumen industry. These advancements align with the growing global emphasis on sustainability and environmental conservation, making bitumen products increasingly appealing to conscientious consumers and organizations seeking eco-friendly solutions.

In conclusion, the surge in technological advancements serves as a significant driver of the global bitumen market, propelling further growth and expansion within the industry. As these advancements continue to unfold, they are set to shape the future of the bitumen market, contributing to its ongoing evolution and innovation.

Key Market Challenges

Volatility in Price of Crude Oil

The volatility in crude oil prices presents a significant and ongoing challenge for the bitumen market. As bitumen, a crucial derivative of crude oil, is directly influenced by any fluctuations in oil prices, its own prices are subject to constant change. This volatility not only poses difficulties for companies in the bitumen industry to accurately predict costs and revenues, but it also introduces uncertainties that can hinder their growth and stability.

Moreover, a detailed analysis reveals that bitumen prices have exhibited greater volatility compared to light crude prices. This heightened volatility can be attributed to a multitude of factors, including geopolitical events, shifts in global supply and demand dynamics, and fluctuations in currency exchange rates. These combined elements contribute to the intricate web of volatility that surrounds the bitumen market, making it even more challenging for stakeholders to navigate and strategize effectively.

The implications of crude oil price volatility extend far beyond the bitumen industry itself. It impacts not only the pricing strategies of bitumen producers but also the cost structures of various industries that heavily rely on bitumen. For instance, sudden increases in crude oil prices can lead to higher bitumen costs, subsequently driving up construction expenses. This ripple effect highlights the interconnectedness of different sectors and underscores the need for comprehensive risk management strategies.

Furthermore, price volatility can also deter long-term planning and investment in the bitumen industry. The unpredictable nature of bitumen prices discourages stakeholders from making substantial commitments, hindering the industry's potential for growth and innovation. Additionally, the inherent instability in bitumen prices can create a competitive disadvantage when compared to alternative materials that offer more stable pricing structures.

By understanding the complexities of crude oil price volatility and its cascading effects on the bitumen market, industry players can develop proactive measures to mitigate risks, improve forecasting accuracy, and foster sustainable growth.

Key Market Trends

Growing Demand of Warm-Mix Asphalt (WMA)

Warm-Mix Asphalt (WMA) is a relatively new and innovative technology in the asphalt industry. It revolutionizes the way bitumen is mixed and placed on the road by utilizing lower temperatures compared to traditional hot-mix asphalt. This groundbreaking approach offers numerous advantages that go beyond the realm of conventional methods.

One of the key benefits of WMA is its significant reduction in energy consumption during production and application. By operating at lower temperatures, WMA minimizes the energy required to heat the asphalt mixture, resulting in substantial energy savings. This not only contributes to cost-effectiveness but also promotes sustainability by reducing the carbon footprint associated with asphalt production.

Furthermore, WMA plays a crucial role in reducing greenhouse gas emissions. The lower temperatures required for mixing and placing bitumen led to a substantial decrease in the release of harmful pollutants into the atmosphere. As a result, WMA becomes an environmentally friendly choice, aligning with global efforts to combat climate change and improve air quality.

In addition to its environmental benefits, WMA offers practical advantages in terms of pavement longevity and working conditions. The lower temperatures and slower cooling process of WMA allow for better compaction, resulting in denser and more durable road surfaces. This extends the pavement life, reducing the frequency of maintenance and repair, and ultimately saving costs for road authorities and taxpayers.

Moreover, the extended paving season facilitated by WMA is a game-changer for construction projects. With the ability to be applied in colder temperatures, WMA opens up opportunities for road works during seasons when traditional hot-mix asphalt would be impractical. This not only improves project scheduling and efficiency but also enhances overall productivity in the construction industry.

The growing demand for WMA is reshaping the global bitumen market on multiple fronts. Countries with stringent environmental regulations are embracing this technology to meet their sustainability goals while maintaining robust infrastructure development. Additionally, regions looking to minimize their environmental footprint are increasingly turning to WMA as a responsible choice for their road construction projects.

The rising popularity of WMA is driving significant investment in research and development within the bitumen industry. Companies are actively exploring ways to further enhance WMA technologies, improve their performance, and meet the evolving needs of the market. This wave of innovation is set to stimulate growth and expansion within the bitumen industry, leading to a more sustainable and efficient future.

In conclusion, the emergence of Warm-Mix Asphalt is revolutionizing the asphalt industry by offering compelling advantages in terms of energy efficiency, environmental impact, pavement durability, and construction productivity. As this technology continues to gain momentum, it is shaping the future of road infrastructure development worldwide.

Segmental Insights

Product Type Insights

Based on the category of product type, the paving grade segment emerged as the dominant player in the global market for bitumen in 2022. Due to its exceptional durability and the ability to be quickly repaired, asphalt concrete has become the preferred binder for approximately 86% of all bitumen used in the construction of roads, parking lots, asphalt surfaces, and footpaths. This paving quality bitumen, which contains a bitumen percentage of 65-75%, is meticulously produced through refined refining processes using carefully selected crude oils.

By combining coarse and fine materials, such as pebbles or crushed rock, with asphalt, the binder material, it is possible to create sturdy concrete blocks that can withstand the test of time and various environmental conditions. The versatility and reliability of asphalt concrete make it a prime choice for infrastructure projects that require long-lasting and resilient surfaces.

Application Insights

The road construction segment is projected to experience rapid growth during the forecast period. Bitumen, a widely used material in highway construction, plays a crucial role as a binding agent for producing durable asphalt pavement platforms. This versatile substance finds applications in building new roadways and paving existing ones, including overflights, freeways, and airport runways. As the global purchasing power in emerging nations continues to rise, there is a growing demand for larger highway and road infrastructure with multiple lanes to accommodate the increasing vehicular traffic during peak times.

Furthermore, as urbanization and industrialization progress, there is a need to enhance connectivity between rural and urban areas, leading to an even greater requirement for road construction projects. The utilization of bitumen in these developments not only ensures long-lasting and reliable road surfaces but also contributes to the overall progress and connectivity of communities.

Regional Insights

Asia Pacific emerged as the dominant player in the Global Bitumen Market in 2022, holding the largest market share in terms of value. Due to the rising automotive penetration and rapid regional development, the highway and road construction sector in APAC nations like India, China, and Australia has been expanding at an unprecedented pace. This growth can be attributed to the increasing demand for better transportation infrastructure in these countries. With a surge in both passenger and freight motor traffic, there is a pressing need to enhance and expand the existing road networks to accommodate the growing volume of vehicles.

Furthermore, the road construction industry is set to receive a significant boost from manufacturers and government initiatives. Manufacturers are recognizing the importance of well-built roads to ensure smooth transportation of goods and materials, leading to increased investments in the construction sector. On the other hand, governments are implementing comprehensive road network-building measures to improve connectivity and facilitate economic growth.

In the case of India, the bituminous industry has witnessed substantial revenue growth due to expanding investments in manufacturing industries. The country's commitment to developing its road infrastructure is evident in the various projects undertaken, particularly in North India. Notably, the Government of India has implemented significant highway developments in Uttar Pradesh and Punjab, resulting in the majority of the India bitumen market share being concentrated in the North India region in 2021.

Overall, the road construction sector in APAC nations is experiencing rapid expansion, driven by the increasing automotive penetration, regional development, and government initiatives. The demand for better road networks and the growth of manufacturing industries are key factors contributing to the industry's growth and revenue potential.

Key Market Players

Bouygues SA

BP PLC

China Petroleum & Chemical Corporation

Exxon Mobil Corporation

Icopal ApS

Indian Oil Corporation Ltd

JXTG Nippon Oil & Energy Corporation

KRATON CORPORATION

Nynas AB

Shell PLC

Report Scope:

In this report, the Global Bitumen Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Bitumen Market, By Product Type:

Paving Grade
Hard Grade
Oxidized Grade
Bitumen Emulsions
Others

Bitumen Market, By Application:

Road Construction
Waterproofing
Adhesives
Others

Bitumen Market, By Region:

North America
United States
Canada
Mexico
Europe
France
United Kingdom
Italy
Germany
Spain
Asia-Pacific
China
India
Japan
Australia
South Korea
South America
Brazil
Argentina
Colombia
Middle East & Africa
South Africa
Saudi Arabia
UAE
Kuwait
Turkey
Egypt

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Bitumen Market.

Available Customizations:

Global Bitumen Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

1. Product Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends

4. Global Bitumen Market Outlook

4.1. Market Size & Forecast
- 4.1.1. By Value
4.2. Market Share & Forecast
- 4.2.1. By Product Type (Paving Grade, Hard Grade, Oxidized Grade, Bitumen Emulsions, Others)
- 4.2.2. By Application (Road Construction, Waterproofing, Adhesives, Others)
- 4.2.3. By Region
- 4.2.4. By Company (2022)
4.3. Market Map
- 4.3.1. By Product Type
- 4.3.2. By Application
- 4.3.3. By Region

5. Asia Pacific Bitumen Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Product Type
- 5.2.2. By Application
- 5.2.3. By Country
5.3. Asia Pacific: Country Analysis
- 5.3.1. China Bitumen Market Outlook
  - 5.3.1.1. Market Size & Forecast
    - 5.3.1.1.1. By Value
  - 5.3.1.2. Market Share & Forecast
    - 5.3.1.2.1. By Product Type
    - 5.3.1.2.2. By Application
- 5.3.2. India Bitumen Market Outlook
  - 5.3.2.1. Market Size & Forecast
    - 5.3.2.1.1. By Value
  - 5.3.2.2. Market Share & Forecast
    - 5.3.2.2.1. By Product Type
    - 5.3.2.2.2. By Application
- 5.3.3. Australia Bitumen Market Outlook
  - 5.3.3.1. Market Size & Forecast
    - 5.3.3.1.1. By Value
  - 5.3.3.2. Market Share & Forecast
    - 5.3.3.2.1. By Product Type
    - 5.3.3.2.2. By Application
- 5.3.4. Japan Bitumen Market Outlook
  - 5.3.4.1. Market Size & Forecast
    - 5.3.4.1.1. By Value
  - 5.3.4.2. Market Share & Forecast
    - 5.3.4.2.1. By Product Type
    - 5.3.4.2.2. By Application
- 5.3.5. South Korea Bitumen Market Outlook
  - 5.3.5.1. Market Size & Forecast
    - 5.3.5.1.1. By Value
  - 5.3.5.2. Market Share & Forecast
    - 5.3.5.2.1. By Product Type
    - 5.3.5.2.2. By Application

6. Europe Bitumen Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Product Type
- 6.2.2. By Application
- 6.2.3. By Country
6.3. Europe: Country Analysis
- 6.3.1. France Bitumen Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By Product Type
    - 6.3.1.2.2. By Application
- 6.3.2. Germany Bitumen Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By Product Type
    - 6.3.2.2.2. By Application
- 6.3.3. Spain Bitumen Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By Product Type
    - 6.3.3.2.2. By Application
- 6.3.4. Italy Bitumen Market Outlook
  - 6.3.4.1. Market Size & Forecast
    - 6.3.4.1.1. By Value
  - 6.3.4.2. Market Share & Forecast
    - 6.3.4.2.1. By Product Type
    - 6.3.4.2.2. By Application
- 6.3.5. United Kingdom Bitumen Market Outlook
  - 6.3.5.1. Market Size & Forecast
    - 6.3.5.1.1. By Value
  - 6.3.5.2. Market Share & Forecast
    - 6.3.5.2.1. By Product Type
    - 6.3.5.2.2. By Application

7. North America Bitumen Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Product Type
- 7.2.2. By Application
- 7.2.3. By Country
7.3. North America: Country Analysis
- 7.3.1. United States Bitumen Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By Product Type
    - 7.3.1.2.2. By Application
- 7.3.2. Mexico Bitumen Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By Product Type
    - 7.3.2.2.2. By Application
- 7.3.3. Canada Bitumen Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By Product Type
    - 7.3.3.2.2. By Application

8. South America Bitumen Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Product Type
- 8.2.2. By Application
- 8.2.3. By Country
8.3. South America: Country Analysis
- 8.3.1. Brazil Bitumen Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By Product Type
    - 8.3.1.2.2. By Application
- 8.3.2. Argentina Bitumen Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By Product Type
    - 8.3.2.2.2. By Application
- 8.3.3. Colombia Bitumen Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By Product Type
    - 8.3.3.2.2. By Application

9. Middle East and Africa Bitumen Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Product Type
- 9.2.2. By Application
- 9.2.3. By Country
9.3. MEA: Country Analysis
- 9.3.1. South Africa Bitumen Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By Product Type
    - 9.3.1.2.2. By Application
- 9.3.2. Saudi Arabia Bitumen Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By Product Type
    - 9.3.2.2.2. By Application
- 9.3.3. UAE Bitumen Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By Product Type
    - 9.3.3.2.2. By Application
- 9.3.4. Egypt Bitumen Market Outlook
  - 9.3.4.1. Market Size & Forecast
    - 9.3.4.1.1. By Value
  - 9.3.4.2. Market Share & Forecast
    - 9.3.4.2.1. By Product Type
    - 9.3.4.2.2. By Application

10. Market Dynamics

10.1. Drivers
10.2. Challenges

11. Market Trends & Developments

11.1. Recent Developments
11.2. Product Launches
11.3. Mergers & Acquisitions

12. Global Bitumen Market: SWOT Analysis

13. Porter's Five Forces Analysis

13.1. Competition in the Industry
13.2. Potential of New Entrants
13.3. Power of Suppliers
13.4. Power of Customers
13.5. Threat of Substitute Product

14. Competitive Landscape

14.1. Bouygues SA
- 14.1.1. Business Overview
- 14.1.2. Company Snapshot
- 14.1.3. Products & Services
- 14.1.4. Current Capacity Analysis
- 14.1.5. Financials (In case of listed)
- 14.1.6. Recent Developments
- 14.1.7. SWOT Analysis
14.2. BP PLC
14.3. China Petroleum & Chemical Corporation
14.4. Exxon Mobil Corporation
14.5. Icopal ApS
14.6. Indian Oil Corporation Ltd
14.7. JXTG Nippon Oil & Energy Corporation
14.8. KRATON CORPORATION
14.9. Nynas AB
14.10. Shell PLC