Global Petroleum Asphalt Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

SKU ID : GIR- 13055949

Publishing Date : 03-Feb-2019

No. of pages : 136

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  • Petroleum asphalt is a sticky, black and highly viscous liquid or semi-solid that is present in most petroleum crude oils and in some natural deposits. Petroleum crude oil is a complex mixture of a great many different hydrocarbons. Petroleum asphalt is defined as that part of crude oil which is separated from the higher-boiling hydrocarbons in crude oil by precipitation upon the addition of lower-boiling hydrocarbon solvents such as propane, pentane, hexane or petroleum asphalt. The precipitated material consists of asphaltenes which have an average molecular weight of about (800 - 2500 g/mole) and exist in the form of flat sheets of polyaromatic condensed rings with short aliphatic chains.

    Scope of the Report:
    Currently, there are several producing companies in the world petroleum asphalt industry. The main players are ExxonMobil, Shell, Cnooc, Sinopec, ConocoPhillips, CRH and Pasargad Oil Company. The global production of petroleum asphalt will increase to 180.26 M MT in 2018 from 134.64 M MT in 2013 with average growth rate of 6.01%.

    In consumption market, North America, Europe and China are the mainly consumption regions due to the bigger demand of downstream applications. In 2017, these three regions occupied 66.23% of the global consumption volume in total.

    Petroleum asphalt has two grades, which include paving petroleum asphalt and industrial petroleum asphalt. And each type has different application people and places relatively. With versatility of petroleum asphalt, the downstream application industries will need more petroleum asphalt products. So, petroleum asphalt has a huge market potential in the future.

    The major raw materials for petroleum asphalt are crude oil. Fluctuations in the price of crude oil will impact on the production cost of petroleum asphalt. The production cost of petroleum asphalt is also an important factor which could impact the price of petroleum asphalt.

    We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. And the price presents fluctuation according to the economy development status and international competition. Also, there is fluctuation in gross margin.

    The worldwide market for Petroleum Asphalt is expected to grow at a CAGR of roughly 6.9% over the next five years, will reach 72700 million US$ in 2024, from 48800 million US$ in 2019, according to a new study.
    This report focuses on the Petroleum Asphalt in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

    Market Segment by Manufacturers, this report covers
    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
    Koç Holding
    Shell
    LOTOS
    Husky Energy

    Market Segment by Regions, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, UK, Russia and Italy)
    Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
    South America (Brazil, Argentina, Colombia etc.)
    Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

    Market Segment by Type, covers
    Paving Petroleum Asphalt
    Industrial Petroleum Asphalt

    Market Segment by Applications, can be divided into
    Paving
    Roofing
    Other

    The content of the study subjects, includes a total of 15 chapters:
    Chapter 1, to describe Petroleum Asphalt product scope, market overview, market opportunities, market driving force and market risks.
    Chapter 2, to profile the top manufacturers of Petroleum Asphalt, with price, sales, revenue and global market share of Petroleum Asphalt in 2017 and 2018.
    Chapter 3, the Petroleum Asphalt competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
    Chapter 4, the Petroleum Asphalt breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
    Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
    Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
    Chapter 12, Petroleum Asphalt market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
    Chapter 13, 14 and 15, to describe Petroleum Asphalt sales channel, distributors, customers, research findings and conclusion, appendix and data source.

    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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