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Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....
North America Bituminous Paints Market: By Product, By Application and Geography
North America Bituminous Paints Market: By Product, By Application and Geography
North America Bituminous Paints market estimated to be valued US$ XX Mn in 2023 and poised to grow at significant CAGR x% from 2024-2030. Increasing number of applications, technological advancements, huge spending on R&D and rapid industrialization in developing countries are some of the key factors fostering the market growth. There is a high demand for bituminous paints across the industry owing to its corrosion and weather proof properties. They are easy to use and can be applied to the desired surface using conventional painting techniques such as spraying and paint brushes. The demand for these paints is also increasing in the marine and aviation sectors. Applications of bituminous paints include waterproofing, protective coating, corrosive, concrete, and steel.
They are primarily used for waterproofing and are thus, used in painting pipes, machinery, and water tanks. Continuous research and development activities are expected to widen the scope of applications of bituminous paints, thereby augmenting the growth of the market in the near future. North America Bituminous Paints market is surging owing to frequent acquisitions and launchings by the market players. For Instance, Saudi Bitumen Industries and Hebei Tuohua Metal Products Co., Ltd. continuous investments in R&D and expansion in production capacity.
Study Period
2024– 2030Base Year
2023CAGR
x%Largest Market
North AmericaFastest Growing Market
North America
Bituminous paints are harmful to aquatic life when released in water in large quantities. Furthermore, various health hazards such as dizziness and skin itching caused due to bituminous paints are major factors restraining bituminous pains market growth. There are also strict environmental regulations which is further hindering North America bituminous paints demand.
North America Bituminous Paints market report gives comprehensive outlook on Bituminous Paints across the globe with special emphasis on key countries such as U.S. and Canada.U.S. accounted for larger revenue share in North America Bituminous Paints market with considerable CAGR. 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 bituminous paints market growth over the forecast period in this country.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024– 2030 |
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Market CAGR |
x% |
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By Product |
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By Application |
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By Region |
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The North America Bituminous Paints Market size was valued at US$ x million in 2023
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
| 1.Executive Summary |
| 2.North America Bituminous Paints Market Introduction |
| 2.1.North America Bituminous Paints Market - Taxonomy |
| 2.2.North America Bituminous Paints Market - Definitions |
| 2.2.1.Product |
| 2.2.2.Application |
| 2.2.3.Region |
| 3.North America Bituminous Paints Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.North America Bituminous Paints Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.North America Bituminous Paints Market By Product, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Water Proofing |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Protective Coating |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Corrosion Prevention |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6.North America Bituminous Paints Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Construction Industry |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Steel Industry |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Others |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 7.North America Bituminous Paints Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Canada |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Canada |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. United States of America (USA) |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 8. Competition Landscape |
| 8.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 8.2.1.Saudi Bitumen Industries (Saudi Arabia) |
| 8.2.2.Hebei Tuohua Metal Products Co., Ltd. (Hebei) |
| 8.2.3.Tianjin Haiyunda Metal Material Co., Ltd. (Tianjin) |
| 8.2.4.Juno Bitumix Pvt. Ltd. (India) |
| 8.2.5.Gulf Petrochem (London) |
| 8.2.6.Swastik Tar industries (India) |
| 8.2.7.Berger Paints (India) |
| 8.2.8.Twin Aces Industries Inc. (Philippines) |
| 9. Research Methodology |
| 10. Appendix and Abbreviations |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.