| Product Code: ETC043321 | Publication Date: Jan 2021 | Updated Date: Oct 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
China bitumen import shipments in 2024 continued to see a high level of concentration, with the top exporting countries being UAE, South Korea, Singapore, Oman, and Thailand. Despite a decline in the Herfindahl-Hirschman Index (HHI) from very high to high concentration, the industry experienced a negative compound annual growth rate (CAGR) of -2.47% from 2020 to 2024. The growth rate in 2024 also remained negative at -1.13%, indicating a challenging market environment for bitumen imports into China.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 China Bitumen Market Overview |
3.1 China Country Macro Economic Indicators |
3.2 China Bitumen Market Revenues & Volume, 2021 & 2031F |
3.3 China Bitumen Market - Industry Life Cycle |
3.4 China Bitumen Market - Porter's Five Forces |
3.5 China Bitumen Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 China Bitumen Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 China Bitumen Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing infrastructure development projects in China |
4.2.2 Growth in road construction activities |
4.2.3 Rising demand for waterproofing materials in the construction industry |
4.3 Market Restraints |
4.3.1 Volatility in crude oil prices impacting bitumen production costs |
4.3.2 Environmental concerns related to bitumen usage |
4.3.3 Competition from alternative materials like asphalt and concrete |
5 China Bitumen Market Trends |
6 China Bitumen Market, By Types |
6.1 China Bitumen Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 China Bitumen Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 China Bitumen Market Revenues & Volume, By Paving Grade, 2021 - 2031F |
6.1.4 China Bitumen Market Revenues & Volume, By Hard Grade, 2021 - 2031F |
6.1.5 China Bitumen Market Revenues & Volume, By Oxidized Grade, 2021 - 2031F |
6.1.6 China Bitumen Market Revenues & Volume, By Bitumen Emulsions, 2021 - 2031F |
6.1.7 China Bitumen Market Revenues & Volume, By Polymer Modified Bitumen, 2021 - 2031F |
6.1.8 China Bitumen Market Revenues & Volume, By Other, 2021 - 2031F |
6.2 China Bitumen Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 China Bitumen Market Revenues & Volume, By Road Construction, 2021 - 2031F |
6.2.3 China Bitumen Market Revenues & Volume, By Waterproofing, 2021 - 2031F |
6.2.4 China Bitumen Market Revenues & Volume, By Adhesives, 2021 - 2031F |
6.2.5 China Bitumen Market Revenues & Volume, By Other, 2021 - 2031F |
7 China Bitumen Market Import-Export Trade Statistics |
7.1 China Bitumen Market Export to Major Countries |
7.2 China Bitumen Market Imports from Major Countries |
8 China Bitumen Market Key Performance Indicators |
8.1 Average selling price of bitumen in China |
8.2 Demand for bitumen in key sectors like road construction and waterproofing |
8.3 Investment in research and development for improving bitumen properties |
9 China Bitumen Market - Opportunity Assessment |
9.1 China Bitumen Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 China Bitumen Market Opportunity Assessment, By Application, 2021 & 2031F |
10 China Bitumen Market - Competitive Landscape |
10.1 China Bitumen Market Revenue Share, By Companies, 2024 |
10.2 China Bitumen Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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