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Bitumen Market To Increase At Steady Growth Rate 2020-2027

Bitumen Market To Increase At Steady Growth Rate 2020-2027

Submitted by • February 28, 2020 www.coherentmarketinsights.com

Bitumen is also referred to as asphalt compound that is obtained through distillation of crude oil that removes the lighter crude oil components such as diesel and gasoline, the heavier bitumen is left behind. Bitumen is consist of complex hydrocarbons and other compounds such as sulfur, calcium, iron, and oxygen. It is widely used as building materials and find application across construction and other industries. This material is mostly used in the road paving application as most of the roads are made up of bitumen or a mixture of bitumen and aggregates, this includes concrete.

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