Increasing demand for sustainable roads and rapid development in roadway and highway construction activities are driving global eco-friendly bitumen market revenue growth
The global eco-friendly bitumen market size is expected to reach USD 118.98 thousand in 2021 and register a revenue CAGR of 3.9% over the forecast period, according to latest analysis by Emergen Research. Rising concerns regarding the sustainability of roads and rapid development in global roadway and highway construction activities are some key factors driving eco-friendly bitumen market revenue growth. Eco-friendly bitumen has been proving to be very environment-friendly as opposed to crude oil derivatives. Since the substance is not burnt, it emits no carbon dioxide into the atmosphere and can be recycled and reused, which makes it eco-friendly as well as cost-effective. Cost benefits associated with eco-friendly bitumen is expected to boost demand in the building and construction industry, which will further drive revenue growth of the market to a significant extent during the forecast period.
The latest report, titled ‘Global Eco Friendly Bitumen Market,’ comprises a profound analysis of the fundamental parameters contributing to the global Eco Friendly Bitumen market scenario. The research report provides the reader with an in-depth interpretation of the Eco Friendly Bitumen market dynamics, including the crucial drivers, opportunities, threats, and challenges. The report also describes the key business strategies, demand and supply ratios, leading regions, and the renowned market players, in a nutshell, offering a futuristic outlook of the overall Eco Friendly Bitumen industry. The market intelligence report is a prototype of the 360° overview of the global Eco Friendly Bitumen industry, shedding light on the estimated market value, share, growth trends, gross revenue, competitive overview, prominent manufacturers and buyers, available product types, and end-use applications.
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Key companies operating in the Eco Friendly Bitumen market include:
American Gilsonite Company, Shell plc, Agarwal Industrial Corporation Limited, Bharat Petroleum Corporation Ltd., ATDM CO. LTD, Avello Bioenergy, Cosmique Pvt. Ltd., Jalnidhi Bitumen Specialities Pvt. Ltd., CEMEX S.A.B. de C.V., and Mamz Asphalt Technologies (Pvt) Ltd
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Eco Friendly Bitumen market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
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Eco Friendly Bitumen Market Segmentation:
Eco Friendly Bitumen Market Segmentation by Regions:
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