Market Study: Bitumen - Europe

Introduction

For centuries, bitumen has been used in a wide variety of applications, mainly in the production of asphalt. Even though there still are natural bitumen deposits, in Trinidad for example, Europe processes bitumen manufactured industrially in refineries. The various types of bitumen, such as straight-run bitumen, polymer modified bitumen, high vacuum and hard bitumen as well as oxidized bitumen, can be processed and modified as the intended applications require.
This market study by Ceresana offers a complete overview over the European market for bitumen. Besides information on demand, the study also contains data on revenues, production, trade, market size, market growth and market trends. For the purpose of this study, Russia and Turkey are counted as European countries.

Recovery of the Bitumen Market

Bitumen plays an important role in the European construction industry: Analysts at Ceresana expect total revenues to rise to about €12 billion until 2021.
Demand for bitumen fell in previous years, mainly because the economic crisis caused construction projects to be postponed. By now, the economic recovery is resulting in a renewed increase of demand.
Since more than 80% of the bitumen consumed are processed into asphalt, national as well as transnational traffic infrastructure projects are exercising a decisive influence on total demand for bitumen. Optimizing traffic infrastructure is paramount for the economic development of individual countries and the competitiveness of Europe as a whole. Also, a continuous increase of traffic volume in individual countries necessitates both a comprehensive expansion of road networks as well as expansive modernization and refurbishment measures, in metropolitan areas in particular. It is especially Eastern European countries that still need to improve the quality of their roads, while the majority of Western countries already have an extensive and high-quality road network.

Building Construction Second Most Important Bitumen Sales Market

Demand for bitumen also depends on the development of the sector building construction (new buildings as well as refurbishments and renovations). Waterproof bitumen roofing membranes are often used for flat roofs and feature easy processing and low weight as well as high economic efficiency and durability. Yet bitumen is suitable for a wide range of applications, the sector building construction for example uses it in the preservation of structures or the production of screed. Considerable regional differences in construction investment have presented themselves in previous years: Especially in southern European countries hit hard by the economic crisis in 2008/09 the construction sectors suffered dramatic losses. Construction industries in countries like Turkey or Russia, on the other hand, experienced a much more positive development.
In many countries, the number of new residential and commercial buildings constructed fell notably as a result of the economic crisis. Positive impulses for consumption of bitumen, however, will stem from environmental protection targets in individual countries and their transposition into national law.

Economic Situation of a Country Decisive Factor

Demand for bitumen is largely influenced by the economic situation of a country. In many cases, investment in road construction was and is postponed in order to help consolidate national budgets.
Economic factors like unemployment rate, available income and demographic development are also playing an important role in consumption of bitumen. Increasing private consumption results in an increased interest in commodities and therefore suitable transportation networks in order to safeguard the exchange of goods between countries. An increase of income leads to a rise of investment in residential construction as well as in modernization and refurbishment measures.


Market Study in Brief:

With this market study, you receive the most comprehensive and up-to-date analysis on the European bitumen market. Thereby, Ceresana evaluates the market size, market share and market trends of this industry. The market study is divided into following chapters:

Chapter 1 provides a presentation and analysis of the European market for bitumen, including forecasts up to 2021: In addition to revenues, demand for and production in each country as well as influencing factors are explained in detail. Detailed data is offered for 27 countries. Information is given on demand for, revenues generated and trade with as well as production of bitumen. Demand for bitumen is further analyzed in detail split by the applications road construction, roofing membranes as well as other applications, for example corrosion protection for pipes, protective coatings for steel, iron and other metals or the paper, cable and tire industries.

Chapter 2 offers an overview over the entire European market for bitumen, split by products. Additionally, consumption in each application will be analyzed split by countries.

Chapter 3 provides profiles of the largest manufacturers of bitumen, clearly arranged according to contact details, turnover, profit, product range, production sites, profile summary, and specific information about bitumen products offered. Extensive profiles of 41 most important manufacturers are provided, including BP plc, PCK Raffinerie GmbH, Royal Dutch Shell, Repsol S.A., Rosneft OJSC and PKN Orlen S.A.
(Note: The profiles are assigned to the country in which the company or holding is headquartered. Company profiles also include JVs and subsidiaries).

Table of Contents

1 Market Data
1.1 Europe
1.1.1 Demand
1.1.2 Revenues
1.1.3 Production
1.2 Austria
1.2.1 Demand and Revenues
1.2.2 Production and Trade
1.3 Belarus
1.3.1 Demand and Revenues
1.3.2 Production and Trade
1.4 Belgium
1.4.1 Demand and Revenues
1.4.2 Production and Trade
1.5 Bulgaria
1.5.1 Demand and Revenues
1.5.2 Production and Trade
1.6 Croatia
1.6.1 Demand and Revenues
1.6.2 Production and Trade
1.7 Czechia
1.7.1 Demand and Revenues
1.7.2 Production and Trade
1.8 Denmark
1.8.1 Demand and Revenues
1.8.2 Production and Trade
1.9 Finland
1.9.1 Demand and Revenues
1.9.2 Production and Trade
1.10 France
1.10.1 Demand and Revenues
1.10.2 Production and Trade
1.11 Germany
1.11.1 Demand and Revenues
1.11.2 Production and Trade
1.12 Greece
1.12.1 Demand and Revenues
1.12.2 Production and Trade
1.13 Hungary
1.13.1 Demand and Revenues
1.13.2 Production and Trade
1.14 Italy
1.14.1 Demand and Revenues
1.14.2 Production and Trade
1.15 Lithuania
1.15.1 Demand and Revenues
1.15.2 Production and Trade
1.16 Norway
1.16.1 Demand and Revenues
1.17 Poland
1.17.1 Demand and Revenues
1.17.2 Production and Trade
1.18 Portugal
1.18.1 Demand and Revenues
1.18.2 Production and Trade
1.19 Romania
1.19.1 Demand and Revenues
1.19.2 Production and Trade
1.20 Russia
1.20.1 Demand and Revenues
1.20.2 Production and Trade
1.21 Slovakia
1.21.1 Demand and Revenues
1.21.2 Production and Trade
1.22 Spain
1.22.1 Demand and Revenues
1.22.2 Production and Trade
1.23 Sweden
1.23.1 Demand and Revenues
1.23.2 Production and Trade
1.24 Switzerland
1.24.1 Demand and Revenues
1.25 The Netherlands
1.25.1 Demand and Revenues
1.25.2 Production and Trade
1.26 Turkey
1.26.1 Demand and Revenues
1.26.2 Production and Trade
1.27 Ukraine
1.27.1 Demand and Revenues
1.27.2 Production and Trade
1.28 United Kingdom
1.28.1 Demand and Revenues
1.28.2 Production and Trade
1.29 Rest of Europe
1.29.1 Demand and Revenues
1.29.2 Production
2 Applications
2.1 Road Construction
2.2 Bitumen Roofing Membranes
2.3 Other Applications

3 Company Profiles
3.1 Austria (1 Producer)
3.2 Belarus (1)
3.3 Belgium (1)
3.4 Croatia (1)
3.5 Cyprus (1)
3.6 Finland (1)
3.7 France (2)
3.8 Germany (2)
3.9 Greece (1)
3.10 Hungary (1)
3.11 Italy (3)
3.12 Poland (2)
3.13 Portugal (1)
3.14 Russia (11)
3.15 Spain (3)
3.16 Sweden (1)
3.17 Switzerland (2)
3.18 The Netherlands (2)
3.19 Turkey (1)
3.20 Ukraine (1)
3.21 United Kingdom (2)

List of Graphs

Graph 1: European demand for bitumen from 2005 to 2021
Graph 2: European revenues generated with bitumen from 2005 to 2021 in billion US$ and billion €
Graph 3: European production of bitumen from 2005 to 2021
Graph 4: Demand for bitumen in Austria from 2005 to 2021
Graph 5: Revenues generated with bitumen in Austria from 2005 to 2021 in billion US$ and billion €
Graph 6: Production of bitumen in Austria from 2005 to 2021
Graph 7: Import and export of bitumen in Austria from 2005 to 2021
Graph 8: Demand for bitumen in Belarus from 2005 to 2021
Graph 9: Revenues generated with bitumen in Belarus from 2005 to 2021 in billion US$ and billion €
Graph 10: Production of bitumen in Belarus from 2005 to 2021
Graph 11: Import and export of bitumen in Belarus from 2005 to 2021
Graph 12: Demand for bitumen in Belgium from 2005 to 2021
Graph 13: Revenues generated with bitumen in Belgium from 2005 to 2021 in billion US$ and billion €
Graph 14: Production of bitumen in Belgium from 2005 to 2021
Graph 15: Import and export of bitumen in Belgium from 2005 to 2021
Graph 16: Demand for bitumen in Bulgaria from 2005 to 2021
Graph 17: Revenues generated with bitumen in Bulgaria from 2005 to 2021 in billion US$ and billion €
Graph 18: Production of bitumen in Bulgaria from 2005 to 2021
Graph 19: Import and export of bitumen in Bulgaria from 2005 to 2021
Graph 20: Demand for bitumen in Croatia from 2005 to 2021
Graph 21: Revenues generated with bitumen in Croatia from 2005 to 2021 in billion US$ and billion €
Graph 22: Production of bitumen in Croatia from 2005 to 2021
Graph 23: Import and export of bitumen in Croatia from 2005 to 2021
Graph 24: Demand for bitumen in Czechia from 2005 to 2021
Graph 25: Revenues generated with bitumen in Czechia from 2005 to 2021 in billion US$ and billion €
Graph 26: Production of bitumen in Czechia from 2005 to 2021
Graph 27: Import and export of bitumen in Czechia from 2005 to 2021
Graph 28: Demand for bitumen in Denmark from 2005 to 2021
Graph 29: Revenues generated with bitumen in Denmark from 2005 to 2021 in billion US$ and billion €
Graph 30: Production of bitumen in Denmark from 2005 to 2021
Graph 31: Import and export of bitumen in Denmark from 2005 to 2021
Graph 32: Demand for bitumen in Finland from 2005 to 2021
Graph 33: Revenues generated with bitumen in Finland from 2005 to 2021 in billion US$ and billion €
Graph 34: Production of bitumen in Finland from 2005 to 2021
Graph 35: Import and export of bitumen in Finland from 2005 to 2021
Graph 36: Demand for bitumen in France from 2005 to 2021
Graph 37: Revenues generated with bitumen in France from 2005 to 2021 in billion US$ and billion €
Graph 38: Production of bitumen in France from 2005 to 2021
Graph 39: Import and export of bitumen in France from 2005 to 2021
Graph 40: Demand for bitumen in Germany from 2005 to 2021
Graph 41: Revenues generated with bitumen in Germany from 2005 to 2021 in billion US$ and billion €
Graph 42: Production of bitumen in Germany from 2005 to 2021
Graph 43: Import and export of bitumen in Germany from 2005 to 2021
Graph 44: Demand for bitumen in Greece from 2005 to 2021
Graph 45: Revenues generated with bitumen in Greece from 2005 to 2021 in billion US$ and billion €
Graph 46: Production of bitumen in Greece from 2005 to 2021
Graph 47: Import and export of bitumen in Greece from 2005 to 2021
Graph 48: Demand for bitumen in Hungary from 2005 to 2021
Graph 49: Revenues generated with bitumen in Hungary from 2005 to 2021 in billion US$ and billion €
Graph 50: Production of bitumen in Hungary from 2005 to 2021
Graph 51: Import and export of bitumen in Hungary from 2005 to 2021
Graph 52: Demand for bitumen in Italy from 2005 to 2021
Graph 53: Revenues generated with bitumen in Italy from 2005 to 2021 in billion US$ and billion €
Graph 54: Production of bitumen in Italy from 2005 to 2021
Graph 55: Import and export of bitumen in Italy from 2005 to 2021
Graph 56: Demand for bitumen in Lithuania from 2005 to 2021
Graph 57: Revenues generated with bitumen in Lithuania from 2005 to 2021 in billion US$ and billion €
Graph 58: Production of bitumen in Lithuania from 2005 to 2021
Graph 59: Import and export of bitumen in Lithuania from 2005 to 2021
Graph 60: Demand for bitumen in Norway from 2005 to 2021
Graph 61: Revenues generated with bitumen in Norway from 2005 to 2021 in billion US$ and billion €
Graph 62: Demand for bitumen in Poland from 2005 to 2021
Graph 63: Revenues generated with bitumen in Poland from 2005 to 2021 in billion US$ and billion €
Graph 64: Production of bitumen in Poland from 2005 to 2021
Graph 65: Import and export of bitumen in Poland from 2005 to 2021
Graph 66: Demand for bitumen in Portugal from 2005 to 2021
Graph 67: Revenues generated with bitumen in Portugal from 2005 to 2021 in billion US$ and billion €
Graph 68: Production of bitumen in Portugal from 2005 to 2021
Graph 69: Import and export of bitumen in Portugal from 2005 to 2021
Graph 70: Demand for bitumen in Romania from 2005 to 2021
Graph 71: Revenues generated with bitumen in Romania from 2005 to 2021 in billion US$ and billion €
Graph 72: Production of bitumen in Romania from 2005 to 2021
Graph 73: Import and export of bitumen in Romania from 2005 to 2021
Graph 74: Demand for bitumen in Russia from 2005 to 2021
Graph 75: Revenues generated with bitumen in Russia from 2005 to 2021 in billion US$ and billion €
Graph 76: Production of bitumen in Russia from 2005 to 2021
Graph 77: Import and export of bitumen in Russia from 2005 to 2021
Graph 78: Demand for bitumen in Slovakia from 2005 to 2021
Graph 79: Revenues generated with bitumen in Slovakia from 2005 to 2021 in billion US$ and billion €
Graph 80: Production of bitumen in Slovakia from 2005 to 2021
Graph 81: Import and export of bitumen in Slovakia from 2005 to 2021
Graph 82: Demand for bitumen in Spain from 2005 to 2021
Graph 83: Revenues generated with bitumen in Spain from 2005 to 2021 in billion US$ and billion €
Graph 84: Production of bitumen in Spain from 2005 to 2021
Graph 85: Import and export of bitumen in Spain from 2005 to 2021
Graph 86: Demand for bitumen in Sweden from 2005 to 2021
Graph 87: Revenues generated with bitumen in Sweden from 2005 to 2021 in billion US$ and billion €
Graph 88: Production of bitumen in Sweden from 2005 to 2021
Graph 89: Import and export of bitumen in Sweden from 2005 to 2021
Graph 90: Demand for bitumen in Switzerland from 2005 to 2021
Graph 91: Revenues generated with bitumen in Switzerland from 2005 to 2021 in billion US$ and billion €
Graph 92: Demand for bitumen in the Netherlands from 2005 to 2021
Graph 93: Revenues generated with bitumen in the Netherlands from 2005 to 2021 in billion US$ and billion €
Graph 94: Production of bitumen in the Netherlands from 2005 to 2021
Graph 95: Import and export of bitumen in the Netherlands from 2005 to 2021
Graph 96: Demand for bitumen in Turkey from 2005 to 2021
Graph 97: Revenues generated with bitumen in Turkey from 2005 to 2021 in billion US$ and billion €
Graph 98: Production of bitumen in Turkey from 2005 to 2021
Graph 99: Import and export of bitumen in Turkey from 2005 to 2021
Graph 100: Demand for bitumen in the Ukraine from 2005 to 2021
Graph 101: Revenues generated with bitumen in the Ukraine from 2005 to 2021 in billion US$ and billion €
Graph 102: Production of bitumen in the Ukraine from 2005 to 2021
Graph 103: Import and export of bitumen in the Ukraine from 2005 to 2021
Graph 104: Demand for bitumen in the United Kingdom from 2005 to 2021
Graph 105: Revenues generated with bitumen in the United Kingdom from 2005 to 2021 in billion US$ and billion €
Graph 106: Production of bitumen in the United Kingdom from 2005 to 2021
Graph 107: Import and export of bitumen in the United Kingdom from 2005 to 2021
Graph 108: Demand for bitumen in the rest of Europe from 2005 to 2021
Graph 109: Revenues generated with bitumen in the rest of Europe from 2005 to 2021 in billion US$ and billion €
Graph 110: Production of bitumen in the rest of Europe from 2005 to 2021
Graph 111: European demand for bitumen from 2005 to 2021 - split by applications

List of Tables

Table 1: European demand for bitumen from 2005 to 2021 - split by major countries
Table 2: European revenues generated with bitumen from 2005 to 2021 in billion € - split by countries
Table 3: European production of bitumen from 2005 to 2021 - split by major countries
Table 4: Demand for bitumen in Austria from 2005 to 2021 - split by applications
Table 5: Demand for bitumen in Belgium from 2005 to 2021 - split by applications
Table 6: Demand for bitumen in Czechia from 2005 to 2021 - split by applications
Table 7: Demand for bitumen in France from 2005 to 2021 - split by applications
Table 8: Major producers of bitumen in France
Table 9: Demand for bitumen in Germany from 2005 to 2021 - split by applications
Table 10: Major producers of bitumen in Germany
Table 11: Demand for bitumen in Italy from 2005 to 2021 - split by applications
Table 12: Major producers of bitumen in Italy
Table 13: Demand for bitumen in Poland from 2005 to 2021 - split by applications
Table 14: Major producers of bitumen in Poland
Table 15: Demand for bitumen in Russia from 2005 to 2021 - split by applications
Table 16: Major producers of bitumen in Russia
Table 17: Demand for bitumen in Spain from 2005 to 2021 - split by applications
Table 18: Major producers of bitumen in Spain
Table 19: Demand for bitumen in Sweden from 2005 to 2021 - split by applications
Table 20: Major producers of bitumen in Switzerland
Table 21: Demand for bitumen in the Netherlands from 2005 to 2021 - split by applications
Table 22: Major producers of bitumen in the Netherlands
Table 23: Demand for bitumen in Turkey from 2005 to 2021 - split by applications
Table 24: Demand for bitumen in the Ukraine from 2005 to 2021 - split by applications
Table 25: Demand for bitumen in the United Kingdom from 2005 to 2021 - split by applications
Table 26: Major producers of bitumen in the United Kingdom
Table 27: European demand for bitumen from 2005 to 2021 - split by applications
Table 28: European demand for bitumen in road construction from 2005 to 2021 - split by major countries
Table 29: European demand for bitumen in bitumen roofing membranes from 2005 to 2021 - split by major countries
Table 30: European demand for bitumen in other applications from 2005 to 2021 - split by major countries