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Global bitumen market outlook - PowerPoint PPT Presentation

Bitumen Market Outlook 2024: Global Opportunity And Demand Analysis, Market Forecast, 2016-2024

Overall construction expenditure was valued at approximately USD 9.46 trillion in 2016 and is anticipated to mark USD 12.75 trillion by 2024

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Bitumen: Solutions for Tough Conditions

Bitumen is produced by the partial distillation of crude petroleum oil, also known as mineral tar and is present in asphalt. It constitutes of 87% carbon, 11% hydrogen and 2% oxygen. Bitumen is a combination of hydro carbons and thermoplastic material having strong tarry odor while stiffness is dependent on temperature. The temperature-vs.-stiffness relationship of bitumen is pivot on the source of crude oil and the method of refining and available in bulk and packed in drums. Crumb Rubber Modified Bitumen (CRMB) is like bitumen with alteration in physical properties like addition of crumb rubber making it more resistant to temperature variations, weather and high traffic loads, reduced maintenance costs and excellent driving comfort.

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Global bitumen market outlook - PowerPoint PPT Presentation

Bitumen Market Outlook 2024: Global Opportunity And Demand Analysis, Market Forecast, 2016-2024

Bitumen: Solutions for Tough Conditions