Bituminous Paints Market (Updated Version Available)

The Bituminous Paints market size was xxx million USD with a CAGR xx % from 2015- 2019. It will stretch to xxx million USD in 2020 with a CAGR of xx % from 2020 to 2025.
Bituminous paints, also known as asphalt coatings, are one of the major segments in water proof coating materials. Bituminous paints contain coal tar and drying oils and are usually black in color as a result of high proportion of bitumen in it. Bituminous paints are manufactured from elongated hydrocarbon molecules which makes the flow rate difficult. Hence, bitumen is very viscous and generally solid under ambient conditions. Viscous bitumen is then heated at a very high temperature to produce a liquid slurry through vacuum distillation. The above mentioned process produces bituminous paints of various grades. According to its diverse grading, polymerization and formulations, bituminous paints help build a protective and vapor proof coating.
North America emerged as a leading regional market with majority of bituminous paints demand driven by U.S. Growing aviation and marine industries is expected to drive North America bituminous paints market growth over the forecast period. Asia Pacific is expected to register significant growth over the forecast period on account of high growth in construction industry particularly in emerging markets of China and India. Rapid industrialization in the region coupled with significant growth in aviation industry is expected to further complement the regional market growth. Europe bituminous paints market is expected to witness an average growth over the upcoming years on account of increasing regulatory intervention regarding their environmental hazard.
As the report focuses on global Bituminous Paints market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the market on the basis of regions, manufacturers, applications, and type.

in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.

In global market, the following companies are covered:
Tianjin Haiyunda Metal Materials Co.
Hebei Tuohua Metal Products Co. Ltd.
Juno Bitumix Pvt. Ltd.


Market Segment by Product Type
Protective Coating
Corrosion Prevention
Water Proofing

Market Segment by Application
Construction Industry
Steel Industry
Others

Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)

Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Bituminous Paints market for the forecast period 2020 - 2025?
• What are the driving forces in the Bituminous Paints market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Bituminous Paints industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?