BITUMEN Market Demand/ Marketing Channels. Agenda. World Bitumen Demand Indian Bitumen Demand in the Past Short Term Bitumen Demand outlook Long Term Bitumen demand Outlook Market Channels Conclusions. World Bitumen Demand. In Million MT.
In Million MT
Share of Road Traffic has increased
As per WB there will be saving of Rs 8000 crore per annum on fuel and maintenance of vehicle on GQ alone.
Population in 2021: 1625 Million
Urban Population in 2021: 650 Million
Increase in Foodgrain movement
Growth w.r.t. base figures of 2001
Assuming 80% Bitumen Roads
2001-11 : 1200 TMT
2011-21 : 2800 TMT
Bitumen Emulsion market to grow to minimum 5% of Bitumen demand by 2007 i.e.
Market Size of 200 TMTPA
Modified Bitumen market to grow to minimum 10% of Bitumen demand by 2007 i.e
Market Size of 400 TMTPA
Current Market Size: 100 TMT
Current Market Size: 60-80 TMT