Global Bitumen Market Set to Reach US$ 115 Billion by 2031, Driven by Increasing Infrastructure Development [Yahoo! Finance]
TotalEnergies SE (TTE)
Company Research
Source: Yahoo! Finance
Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)" report has been added to ResearchAndMarkets.com's offering. The global bitumen market is anticipated to experience remarkable growth, with estimations pointing towards a value of US$ 115 billion by 2031 from its US$ 76 billion standing in 2024. This significant upsurge corresponds to a Compound Annual Growth Rate (CAGR) of around 6% during the forecast period. Heightened road construction activities and infrastructure upgrades across the globe have been identified as key drivers accelerating the demand for bitumen—an essential material used extensively in paving, roofing, and waterproofing solutions. Elemental Waterproofing and Industrial Applications Propel Adoption Bitumen's exceptional adhesive qualities have rendered it indispensable in waterproofing applications for residential and commercial buildings. The demand for such applications
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TTE
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- 4/26/24 - Beat
TTE
Sec Filings
- 5/17/24 - Form SD
- 5/2/24 - Form 6-K
- 4/29/24 - Form F-3ASR
- TTE's page on the SEC website