Bitumen Market on Track for US$ 98.56 Billion by 2034

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2026-10-19 16:51:48 - Translate -

Road building remains the backbone of the bitumen industry. Industry value was US$ 84.45 Billion in 2025 and is set to hit US$ 98.56 Billion by 2034. A CAGR of 1.73% is expected between 2026 and 2034. Paving consumes the largest share of bitumen supply, so highway programs and rural road networks heavily influence overall volumes. What Is Driving the Market? Infrastructure spending is the main...

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