South Africa Bitumen Market: By Product (Paving, Polymer Modified, Oxidized, Emulsion, Others), By Application (Roadways, Adhesives, Insulation, Waterproofing) and Country    

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South Africa Bitumen Market size was valued at USD 893.2 million in 2021 and is expected to grow at a CAGR of 8.6% during the forecast period 2022 to 2028. The global market provides a detailed overview of the South Africa Bitumen market, and that can be segmented by Product, and by Application. By Product, the South Africa Bitumen market has been segmented into Paving, Polymer Modified, Oxidized, Emulsion, and Others. The paving segment is likely to be the largest and fastest-growing segment in terms of product. Based on application, the South Africa Bitumen market is segmented into Roadways, Adhesives, Insulation, and Waterproofing. Among these, the roadways segment is expected to have the fastest-growing market during the forecast period 2022-2028.


South Africa Bitumen Market Key Development:
  • In March 2019, Shell plc launched a new bitumen product that reduces the impact of asphalt production and paving on local air quality.

South Africa Bitumen Market Dynamics

The demand for bitumen is being driven by increasing levels of urbanization and an increase in construction activity. The market is growing as a result of the substitution of conventional building materials with bitumen ones because of the better durability, crack resistance, and binding qualities of bitumen.

Key Features of the Reports

  • The south africa bitumen market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

South Africa Bitumen Market Segmentation

By Product
  • Paving
  • Polymer Modified
  • Oxidized
  • Emulsion
  • Others
By Application
  • Roadways
  • Adhesives
  • Insulation
  • Waterproofing

Frequently Asked Questions

The South Africa Bitumen Market size is valued at USD 893.2 million in 2021

Extreme climatic conditions also have an impact on bitumen roads. For instance, bitumen roads begin to crack in the cold. These roads soften in hot weather from heat exposure, increasing the chance of road deformation so these are the restraints the of the Aouth Africa bitumen market.

The key players in the market are Actop, Caltex Asphalt, Engen Refineries, National Asphalt Company, Natref Refinery, Mosal Bay GTF Refinery, SAPREF and Sasol Ltd, and Shell plc.

1. Executive Summary
2. South Africa Bitumen Market Introduction
2.1. South Africa Bitumen Market Taxonomy
2.2. South Africa Bitumen Market Definitions
2.2.1. Product
2.2.2. Application
3. South Africa Bitumen Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. South Africa Bitumen Market Dynamic Factors - Impact Analysis
3.6. South Africa Bitumen Market Competition Landscape
4. South Africa Bitumen Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. South Africa Bitumen Market, By Product, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) 
5.1. Paving
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Polymer Modified
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Oxidized
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Emulsion
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis
5.5. Others
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.5.3. Market Opportunity Analysis
6. South Africa Bitumen Market Forecast, By Application, 2019 - 2023 and Forecast, 2024 - 2030
6.1. Roadways
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Adhesives
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Insulation
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Waterproofing
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
6.5. South Africa Bitumen Market - Opportunity Analysis Index, By Product, By Application, 2024 - 2030
7. Competition Landscape
7.1. Strategic Dashboard of Top Market Players
7.2. Company Profiles (Introduction, Financial Analysis, Feedstock Material & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
7.2.1. The BSS (PTY) Ltd
7.2.2. Tosas
7.2.3. SprayPave
7.2.4. Kenzam Bitumen
7.2.5. TekFalt
7.2.6. Colas
7.2.7. Nynas AB
7.2.8. Total South Africa
7.2.9. ExxonMobil
7.2.10. E-Mak
7.2.11. Deuces Group
7.2.12. Shell Bitumen
8. Research Methodology
9. Key Assumptions and Acronyms
  • The BSS (PTY) Ltd
  • Tosas
  • SprayPave
  • Kenzam Bitumen
  • TekFalt
  • Colas
  • Nynas AB
  • Total South Africa
  • ExxonMobil
  • E-Mak
  • Deuces Group
  • Shell Bitumen

Adjacent Markets