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Pitch-Global Market Insights and Sales Trends 2025
Synopsis
Pitch is a viscoelastic polymer which can be natural or manufactured, derived from petroleum, coal tar, or plants. Various forms of pitch may also be called tar, bitumen, or asphalt.
The global Pitch market size is expected to reach US$ 53070 million by 2029, growing at a CAGR of 3.8% from 2023 to 2029. The market is mainly driven by the significant applications of Pitch in various end use industries. The expanding demands from the Paving, Roofing and Other, are propelling Pitch market. Paving Grade Pitch, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Industrial Grade Pitch segment is estimated at % CAGR for the next seven-year period.
From the 1970s to the mid-1980s, the world's petroleum asphalt production has continued to increase, and the peak output exceeded 10 million tons. After entering the 1990s, the output dropped significantly. Since petroleum asphalt is mainly used for road construction in most countries, accounting for more than 80% of output, the increase or decrease of asphalt production directly reflects the development and perfection of road construction in these countries and regions. From the 1960s to the mid-1980s, the world's petroleum asphalt production was mainly concentrated in North America and Europe. At that time, these countries and regions continued to build expressways, trunk lines and road networks, which greatly promoted the production and consumption of asphalt. Countries with fast expressway construction speed also had a faster increase in asphalt production. That is to say, asphalt production in most countries Both are mainly to meet domestic demand, and the volume of import and export is not large. In the mid-to-late 1980s, the road construction in Asian countries rose rapidly, and the output of asphalt increased rapidly, with the average annual growth rate ranking first in the world. Now the total asphalt production in Asia is basically close to that of North America and Europe. In addition to the United States and Canada, countries with developed highways in Europe include Germany, France, Italy, Spain, and the United Kingdom, and Japan is the fastest growing in Asia. The development of road construction can also be further understood from the production of road asphalt for the preparation of hot mix asphalt (HMA). In the 1990s, although the United States had the highest HMA production, the growth rate had slowed down. The growth rate of HMA in developed European road construction countries also slowed down.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Pitch, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Pitch market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Pitch market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Pitch sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Pitch covered in this report include ExxonMobil, Cnooc, Sinopec, CNPC, ConocoPhillips, Pasargad Oil, Shell and LOTOS, etc.
The global Pitch market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ExxonMobil
Cnooc
Sinopec
CNPC
ConocoPhillips
Pasargad Oil
Shell
LOTOS
Global Pitch market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Pitch market, Segment by Type:
Paving Grade Pitch
Industrial Grade Pitch
Global Pitch market, by Application
Paving
Roofing
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Pitch manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Pitch in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Pitch is a viscoelastic polymer which can be natural or manufactured, derived from petroleum, coal tar, or plants. Various forms of pitch may also be called tar, bitumen, or asphalt.
The global Pitch market size is expected to reach US$ 53070 million by 2029, growing at a CAGR of 3.8% from 2023 to 2029. The market is mainly driven by the significant applications of Pitch in various end use industries. The expanding demands from the Paving, Roofing and Other, are propelling Pitch market. Paving Grade Pitch, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Industrial Grade Pitch segment is estimated at % CAGR for the next seven-year period.
From the 1970s to the mid-1980s, the world's petroleum asphalt production has continued to increase, and the peak output exceeded 10 million tons. After entering the 1990s, the output dropped significantly. Since petroleum asphalt is mainly used for road construction in most countries, accounting for more than 80% of output, the increase or decrease of asphalt production directly reflects the development and perfection of road construction in these countries and regions. From the 1960s to the mid-1980s, the world's petroleum asphalt production was mainly concentrated in North America and Europe. At that time, these countries and regions continued to build expressways, trunk lines and road networks, which greatly promoted the production and consumption of asphalt. Countries with fast expressway construction speed also had a faster increase in asphalt production. That is to say, asphalt production in most countries Both are mainly to meet domestic demand, and the volume of import and export is not large. In the mid-to-late 1980s, the road construction in Asian countries rose rapidly, and the output of asphalt increased rapidly, with the average annual growth rate ranking first in the world. Now the total asphalt production in Asia is basically close to that of North America and Europe. In addition to the United States and Canada, countries with developed highways in Europe include Germany, France, Italy, Spain, and the United Kingdom, and Japan is the fastest growing in Asia. The development of road construction can also be further understood from the production of road asphalt for the preparation of hot mix asphalt (HMA). In the 1990s, although the United States had the highest HMA production, the growth rate had slowed down. The growth rate of HMA in developed European road construction countries also slowed down.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Pitch, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Pitch market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Pitch market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Pitch sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Pitch covered in this report include ExxonMobil, Cnooc, Sinopec, CNPC, ConocoPhillips, Pasargad Oil, Shell and LOTOS, etc.
The global Pitch market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ExxonMobil
Cnooc
Sinopec
CNPC
ConocoPhillips
Pasargad Oil
Shell
LOTOS
Global Pitch market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Pitch market, Segment by Type:
Paving Grade Pitch
Industrial Grade Pitch
Global Pitch market, by Application
Paving
Roofing
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Pitch manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Pitch in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Pitch Market Overview
1.1 Pitch Product Overview
1.2 Pitch Market Segment by Type
1.2.1 Paving Grade Pitch
1.2.2 Industrial Grade Pitch
1.3 Global Pitch Market Size by Type
1.3.1 Global Pitch Market Size Overview by Type (2018-2029)
1.3.2 Global Pitch Historic Market Size Review by Type (2018-2023)
1.3.3 Global Pitch Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Pitch Sales Breakdown by Type (2018-2023)
1.4.2 Europe Pitch Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Pitch Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Pitch Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Pitch Sales Breakdown by Type (2018-2023)
2 Global Pitch Market Competition by Company
2.1 Global Top Players by Pitch Sales (2018-2023)
2.2 Global Top Players by Pitch Revenue (2018-2023)
2.3 Global Top Players by Pitch Price (2018-2023)
2.4 Global Top Manufacturers Pitch Manufacturing Base Distribution, Sales Area, Product Type
2.5 Pitch Market Competitive Situation and Trends
2.5.1 Pitch Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Pitch Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Pitch as of 2022)
2.7 Date of Key Manufacturers Enter into Pitch Market
2.8 Key Manufacturers Pitch Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Pitch Status and Outlook by Region
3.1 Global Pitch Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Pitch Historic Market Size by Region
3.2.1 Global Pitch Sales in Volume by Region (2018-2023)
3.2.2 Global Pitch Sales in Value by Region (2018-2023)
3.2.3 Global Pitch Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Pitch Forecasted Market Size by Region
3.3.1 Global Pitch Sales in Volume by Region (2024-2029)
3.3.2 Global Pitch Sales in Value by Region (2024-2029)
3.3.3 Global Pitch Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Pitch by Application
4.1 Pitch Market Segment by Application
4.1.1 Paving
4.1.2 Roofing
4.1.3 Other
4.2 Global Pitch Market Size by Application
4.2.1 Global Pitch Market Size Overview by Application (2018-2029)
4.2.2 Global Pitch Historic Market Size Review by Application (2018-2023)
4.2.3 Global Pitch Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Pitch Sales Breakdown by Application (2018-2023)
4.3.2 Europe Pitch Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Pitch Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Pitch Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Pitch Sales Breakdown by Application (2018-2023)
5 North America Pitch by Country
5.1 North America Pitch Historic Market Size by Country
5.1.1 North America Pitch Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Pitch Sales in Volume by Country (2018-2023)
5.1.3 North America Pitch Sales in Value by Country (2018-2023)
5.2 North America Pitch Forecasted Market Size by Country
5.2.1 North America Pitch Sales in Volume by Country (2024-2029)
5.2.2 North America Pitch Sales in Value by Country (2024-2029)
6 Europe Pitch by Country
6.1 Europe Pitch Historic Market Size by Country
6.1.1 Europe Pitch Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Pitch Sales in Volume by Country (2018-2023)
6.1.3 Europe Pitch Sales in Value by Country (2018-2023)
6.2 Europe Pitch Forecasted Market Size by Country
6.2.1 Europe Pitch Sales in Volume by Country (2024-2029)
6.2.2 Europe Pitch Sales in Value by Country (2024-2029)
7 Asia-Pacific Pitch by Region
7.1 Asia-Pacific Pitch Historic Market Size by Region
7.1.1 Asia-Pacific Pitch Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Pitch Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Pitch Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Pitch Forecasted Market Size by Region
7.2.1 Asia-Pacific Pitch Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Pitch Sales in Value by Region (2024-2029)
8 Latin America Pitch by Country
8.1 Latin America Pitch Historic Market Size by Country
8.1.1 Latin America Pitch Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Pitch Sales in Volume by Country (2018-2023)
8.1.3 Latin America Pitch Sales in Value by Country (2018-2023)
8.2 Latin America Pitch Forecasted Market Size by Country
8.2.1 Latin America Pitch Sales in Volume by Country (2024-2029)
8.2.2 Latin America Pitch Sales in Value by Country (2024-2029)
9 Middle East and Africa Pitch by Country
9.1 Middle East and Africa Pitch Historic Market Size by Country
9.1.1 Middle East and Africa Pitch Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Pitch Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Pitch Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Pitch Forecasted Market Size by Country
9.2.1 Middle East and Africa Pitch Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Pitch Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 ExxonMobil
10.1.1 ExxonMobil Company Information
10.1.2 ExxonMobil Introduction and Business Overview
10.1.3 ExxonMobil Pitch Sales, Revenue and Gross Margin (2018-2023)
10.1.4 ExxonMobil Pitch Products Offered
10.1.5 ExxonMobil Recent Development
10.2 Cnooc
10.2.1 Cnooc Company Information
10.2.2 Cnooc Introduction and Business Overview
10.2.3 Cnooc Pitch Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Cnooc Pitch Products Offered
10.2.5 Cnooc Recent Development
10.3 Sinopec
10.3.1 Sinopec Company Information
10.3.2 Sinopec Introduction and Business Overview
10.3.3 Sinopec Pitch Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Sinopec Pitch Products Offered
10.3.5 Sinopec Recent Development
10.4 CNPC
10.4.1 CNPC Company Information
10.4.2 CNPC Introduction and Business Overview
10.4.3 CNPC Pitch Sales, Revenue and Gross Margin (2018-2023)
10.4.4 CNPC Pitch Products Offered
10.4.5 CNPC Recent Development
10.5 ConocoPhillips
10.5.1 ConocoPhillips Company Information
10.5.2 ConocoPhillips Introduction and Business Overview
10.5.3 ConocoPhillips Pitch Sales, Revenue and Gross Margin (2018-2023)
10.5.4 ConocoPhillips Pitch Products Offered
10.5.5 ConocoPhillips Recent Development
10.6 Pasargad Oil
10.6.1 Pasargad Oil Company Information
10.6.2 Pasargad Oil Introduction and Business Overview
10.6.3 Pasargad Oil Pitch Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Pasargad Oil Pitch Products Offered
10.6.5 Pasargad Oil Recent Development
10.7 Shell
10.7.1 Shell Company Information
10.7.2 Shell Introduction and Business Overview
10.7.3 Shell Pitch Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Shell Pitch Products Offered
10.7.5 Shell Recent Development
10.8 LOTOS
10.8.1 LOTOS Company Information
10.8.2 LOTOS Introduction and Business Overview
10.8.3 LOTOS Pitch Sales, Revenue and Gross Margin (2018-2023)
10.8.4 LOTOS Pitch Products Offered
10.8.5 LOTOS Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Pitch Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Pitch Industrial Chain Analysis
11.4 Pitch Market Dynamics
11.4.1 Pitch Industry Trends
11.4.2 Pitch Market Drivers
11.4.3 Pitch Market Challenges
11.4.4 Pitch Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Pitch Distributors
12.3 Pitch Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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