Market Value
2022 Market Size: USD 56.5 billion Projected 2029 Market Size: USD 64.7 billion
Major Companies Leading the Industry:
Key Players/Stakeholders Sample Report
Regional Analysis
North America: Major consumers due to extensive road networks and ongoing infrastructure projects.
Europe: Influenced by sustainability regulations, leading to innovations in bitumen recycling.
Asia-Pacific: Dominated by China and India due to rapid urbanization and highway expansion initiatives.
Middle East & Africa: Increasing investments in smart cities and urban planning.
Latin America: Road expansion projects in Brazil and Mexico are key market drivers.
