| Product Code: ETC7550029 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s import shipments of oxidized bitumen in 2024 continued to be dominated by key players such as Iraq, UAE, Iran, Oman, and Germany. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, with a notable Compound Annual Growth Rate (CAGR) of 20.05% from 2020 to 2024. However, there was a slight decline in growth rate from 2023 to 2024 at -23.8%, reflecting potential shifts in market dynamics. Overall, the import trends suggest a stable yet evolving landscape for oxidized bitumen trade in India.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Oxidized Bitumen Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Oxidized Bitumen Market Revenues & Volume, 2021 & 2031F |
3.3 India Oxidized Bitumen Market - Industry Life Cycle |
3.4 India Oxidized Bitumen Market - Porter's Five Forces |
3.5 India Oxidized Bitumen Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 India Oxidized Bitumen Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Oxidized Bitumen Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing infrastructure development projects in India leading to higher demand for oxidized bitumen. |
4.2.2 Growth in road construction activities, especially in urban areas, driving the market for oxidized bitumen. |
4.2.3 Government initiatives and investments in the transportation sector boosting the demand for oxidized bitumen. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production cost of oxidized bitumen. |
4.3.2 Environmental concerns and regulations regarding the use of bitumen affecting market growth. |
4.3.3 Competition from alternative materials like polymer-modified bitumen posing a challenge to the oxidized bitumen market. |
5 India Oxidized Bitumen Market Trends |
6 India Oxidized Bitumen Market, By Types |
6.1 India Oxidized Bitumen Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 India Oxidized Bitumen Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 India Oxidized Bitumen Market Revenues & Volume, By Grade 95/25, 2021- 2031F |
6.1.4 India Oxidized Bitumen Market Revenues & Volume, By Grade 85/25, 2021- 2031F |
6.1.5 India Oxidized Bitumen Market Revenues & Volume, By Grade 90/40, 2021- 2031F |
6.1.6 India Oxidized Bitumen Market Revenues & Volume, By Grade115/15, 2021- 2031F |
6.1.7 India Oxidized Bitumen Market Revenues & Volume, By Other, 2021- 2031F |
6.2 India Oxidized Bitumen Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Oxidized Bitumen Market Revenues & Volume, By Paints, 2021- 2031F |
6.2.3 India Oxidized Bitumen Market Revenues & Volume, By Cements, 2021- 2031F |
6.2.4 India Oxidized Bitumen Market Revenues & Volume, By Pipe Coatings, 2021- 2031F |
6.2.5 India Oxidized Bitumen Market Revenues & Volume, By Metal Primers, 2021- 2031F |
6.2.6 India Oxidized Bitumen Market Revenues & Volume, By Other, 2021- 2031F |
7 India Oxidized Bitumen Market Import-Export Trade Statistics |
7.1 India Oxidized Bitumen Market Export to Major Countries |
7.2 India Oxidized Bitumen Market Imports from Major Countries |
8 India Oxidized Bitumen Market Key Performance Indicators |
8.1 Number of infrastructure projects utilizing oxidized bitumen. |
8.2 Growth rate of road construction activities in India. |
8.3 Adoption rate of oxidized bitumen in new construction projects. |
8.4 Investment in transportation infrastructure by the government. |
8.5 Environmental compliance and sustainability measures in the production and use of oxidized bitumen. |
9 India Oxidized Bitumen Market - Opportunity Assessment |
9.1 India Oxidized Bitumen Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 India Oxidized Bitumen Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Oxidized Bitumen Market - Competitive Landscape |
10.1 India Oxidized Bitumen Market Revenue Share, By Companies, 2024 |
10.2 India Oxidized Bitumen Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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