中國瀝青市場評估：依類型[鋪路瀝青、氧化瀝青、聚合物改質瀝青、其他]、應用[道路建設、防水、黏合劑、其他]、地區、機會及預測（2018-2032）

預計2025年至2032年，中國瀝青市場將以4.12%的複合年增長率成長，從2024年的198.4億美元成長至2032年的274億美元。這主要得益於政府對基礎設施和房地產項目的大量投資，例如道路建設中瀝青的應用，以及對高品質鋪路材料的持續需求。預計在預測期內，中國瀝青市場將實現顯著成長，這主要得益於 "一帶一路" 倡議等國家戰略舉措以及交通網絡的持續擴張。

中國經濟的快速發展和廣大的國土面積造就了完善的交通基礎設施，從而產生了穩定且旺盛的瀝青需求。中國政府正致力於發展包括國道和地方公路在內的交通網絡。這種對提升互聯互通的重視推動了國家道路建設和養護方面的投資計畫。此外，涵蓋住宅、商業和工業項目的建築業成長也帶動了瀝青在防水和黏合應用方面需求的增加。主要國營企業的國內產能，加上特種瀝青的進口，確保了穩定的供應，滿足市場需求。這些因素共同支撐了中國瀝青市場的蓬勃發展。

例如，截至2025年7月，中國已提前實現了 "十四五" 規劃17項主要目標中的6項，比原定的2024年10月截止日期提前完成，在國家交通網絡建設方面取得了顯著進展。高速公路網總里程已達19萬公里，當地公路網總里程已達464萬公里。超過50萬個鋪設了公路的村莊已透過高速公路網連接起來。自2021年以來，該基礎建設項目已累計投資約2.1兆美元。互聯互通和物流的加強，提升了服務現代化水平，提高了人民生活質量，尤其是在農村地區。交通部已聲明將繼續優先推進一體化和智慧交通建設。

目錄

第一章：專案範圍與定義

第二章：研究方法

第三章：美國關稅的影響

第四章：摘要整理

第五章：客戶之聲

• 受訪者人口統計資料
• 購買決策考量因素
• 未滿足的需求

第六章 中國瀝青市場展望（2018-2032）

• 市場規模分析與預測
  • 以價值計算
  • 依銷量計算
• 市佔率分析與預測
  • 依類型
    • 鋪路瀝青
    • 氧化級瀝青
    • 聚合物改質瀝青
    • 其他
  • 依應用
    • 道路建設
    • 防水
    • 黏合劑
    • 其他
  • 依地區
    • 南部
    • 東部
    • 北部
    • 東北部
    • 中部
    • 西南部
    • 西北部
  • 公司市佔率分析
• 2024年市場地圖分析
  • 依類型
  • 依應用
  • 依地區

第七章需求與供給分析

第八章：進出口分析

第九章：價值鏈分析

第十章：波特五力分析

第十一章：PESTLE分析

第十二章：定價分析

第十三章：市場動態

• 市場推動因素
• 市場挑戰

第十四章：市場趨勢與發展

第十五章：競爭格局

• 前五大競賽矩陣
• 前五名SWOT分析
• 七大主要市場參與者
  • 中國國家石油公司
    • 公司簡介
    • 主要管理人員
    • 產品
    • 財務資訊（已公佈）
    • 主要市場及地理擴張
    • 近期發展/合作夥伴關係/合作/併購
  • 中國石化集團公司
  • 中國海洋石油總公司
  • 濟南瀝青化工股份有限公司
  • 殼牌（中國）有限公司
  • 中國振華石油股份有限公司
  • 中國化工集團有限公司

以上公司排名並非依市佔率排序，且可能根據研究過程中所獲得的資訊進行調整。

第十六章：策略建議

第十七章：關於研究公司及免責聲明

China bitumen market is projected to witness a CAGR of 4.12% during the forecast period 2025-2032, growing from USD 19.84 billion in 2024 to USD 27.40 billion in 2032, driven by extensive government investments in infrastructure and real estate projects, such as use of bitumen in road construction, and the ongoing demand for high quality paving materials. The market for bitumen in China is anticipated to have a remarkable rise during the forecast period, which is mainly attributed to the nation's strategic initiatives like the Belt and Road Initiative (BRI) and the continuous expansion of its transportation networks

The increase in economic development and the large geographical area of China provide, a robust transportation infrastructure, leading to consistent and high demand for bitumen. The Chinese government focuses on developing connectivity, which includes national highways and rural roads. The focus on developing connectivity drives the investment plans in road construction and maintenance procedures in the country. Additionally, the growing construction sector, covering residential, commercial, and industrial projects, increases the demand for bitumen in waterproofing and adhesive applications. The domestic production capabilities of the major state-owned enterprises, combined with the import of specialized grades, ensure a steady supply as per market needs. These factors collectively underscore the dynamic growth trajectory of the China bitumen market.

For instance, in July 2025, China made considerable advancements in the national transportation network by accomplishing six out of seventeen key 14th Five-Year Plan objectives ahead of the October 2024 deadline. The country's expressway network has reached a length of 0.19 million kilometers, while the entire rural road system has risen to 4.64 million kilometers. The network of expressways has successfully linked more than 500,000 villages that have paved roads. This infrastructure initiative has received about USD 2.1 trillion in investments since 2021. It is modernizing services and improving the quality of life, especially in rural areas, by enhancing connectivity and logistics. The Ministry of Transport has said it will keep focusing on further integration and smart upgrades in the future.

Infrastructure Development Driving the China Bitumen Market

The nation's high-priority infrastructure development primarily drives the demand for bitumen in the Chinese market. This involves massive, government-funded road construction projects which aim at expanding and modernizing China's extensive highway and urban road systems. Bitumen, as a key component of asphalt, is indispensable for these projects. Beyond roads, demand is also driven by major construction projects in airports, bridges, and tunnels, where bitumen's ability to bind and waterproof is essential. Initiatives like the "Belt and Road Initiative" increase demand by involving large infrastructure projects both in China and other countries globally. The initiatives have been considered based on the initiative's routes, where Chinese companies often participate, sourcing materials from domestic suppliers. This ongoing investment in the infrastructure creates a steady and robust market for bitumen.

As of November 2024, China's rural roads have expanded significantly, reaching a total length of 4.6 million kilometres by the end of 2023, a 21.7% increase over the past decade. This network of county, township, and village roads supports rural renewal by improving access, connectivity, and livelihoods. In the last 10 years, China has spent about USD 598 billion on rural road infrastructure, mainly through public funding and combined financial methods. Looking ahead, upgrades will focus on integrating transportation with tourism, logistics, and postal services to further enhance rural modernization.

Growing Urbanization and Industrialization Driving the China Bitumen Market

China has become stronger and more serious in urbanization and rapid industrialization, which acts as a significant catalyst propelling the growth of its bitumen market. As many people move from rural areas to cities, the need for new homes, business spaces, and supporting infrastructure also grows. This includes building new roads, bridges, and public transportation systems. Accelerated urbanization and industrial expansion are directly contributing to heightened bitumen demand across China. This growth necessitates are extensive use of bitumen as a key product for different applications, including large-scale road paving to support urban sprawl, waterproofing for rapidly constructed buildings, and the establishment of robust road networks within new industrial parks and logistical hubs for efficient freight transport.

For instance, in December 2023, Guangdong Province outlined five new city clusters, including Shenzhen, Guangzhou, Shanchaojie, Zhanmao, and the west coast of the Pearl River Estuary, which are a few cities that drive high-quality development. These clusters of cities in China Guangdong province basically rely on significant infrastructure investments, which include roads, ports, and transport hubs, to enhance connectivity across the Pearl River Delta and beyond. Guangzhou is poised to become a global transportation hub, thanks to its well-developed airport and port facilities. At the same time, Shenzhen is estimated to evolve into one of the modern metropolises with advanced infrastructure. The plan emphasizes the expansion of roads and infrastructure as a cornerstone for regional integration, urbanization, and sustainable economic growth. The development will drive road and infrastructure development, which will, in turn, increase the demand for bitumen in the country.

Road Construction Segment is Anticipated to Propel the Growth of the Market

The Road Construction segment is poised to emerge as the key growth driver for the China bitumen market. Underpinning its trajectory with substantial and consistent demand. Bitumen is an important raw material used for building and maintaining roads, highways, and expressways. It acts as one of the binding agents in asphalt mixes. China's colossal and ever-expanding road network, coupled with ambitious government plans for further infrastructure development, ensures that this application area remains a dominant one. Factors such as the need for new roads to support urbanization, the upgrading of existing infrastructure, and routine maintenance of vast stretches of highways all contribute significantly to bitumen consumption in this segment. The durability and the cost effectiveness of bitumen materials to reinforce the roads, positioning its construction as the primary force shaping the future of China's bitumen market.

Future Market Scenario (2025 - 2032F)

The continuous drive for infrastructure modernization, particularly in road networks, is expected to sustain high demand for bitumen across China. Adoption of Polymer Modified Bitumen (PMB) which enhances road durability and performance, will create new opportunities in the market. Stringent quality standards and environmental regulations will drive innovation towards more sustainable and efficient methods of bitumen production and application. The expansion of urbanization into lower-tier cities will fuel further demand for bitumen in new construction and infrastructure development.

Key Players Landscape and Outlook

China bitumen market is characterized by the strong presence of state-owned enterprises and a growing focus on specialty bitumen products. Domestic key players of China play a dominant role in the China bitumen market. Factors such as supply for large landscapes, leveraging extensive refining process capabilities and mass distribution networks drive the market for key players of China. International players maintain a significant presence, particularly in the premium and modified bitumen segments, bringing advanced technologies and specialized formulations. Looking ahead, the bitumen market is likely to grow by the nation's ambitious infrastructure agenda and rising emphasis on higher-performance bitumen products that enhance durability and longevity of constructions. Technological advancements will focus on developing sustainable and eco-friendly bitumen solutions, as well as innovations in polymer modification. The use of asphalt in new applications and regional development initiatives will create further opportunities. The market will continue to grow in the coming years, driven by increasing demand for quality and sustainability. Players who can offer innovative solutions and robust supply chains will gain a competitive edge.

For instance, in September 2025, Sinopec launched a significant upgrade of its integrated refining and petrochemical project in Xinjiang, which will raise crude oil refining capacity from 5 million to 8.5 million tons annually. This large-scale expansion includes multiple refining units designed to increase the production of refined fuels, which are key inputs for bitumen production used in road and infrastructure development. The project is expected to be completed by 2029. The bitumen plant is expected to boost production efficiency, improve resource use, and ensure long-term sustainability in producing petroleum products, including bitumen. This project will not only enhance Sinopec's refining capacity but also help meet the increasing demand from China's infrastructure and construction

Table of Contents

1. Project Scope and Definitions

2. Research Methodology

3. Impact of U.S. Tariffs

4. Executive Summary

5. Voice of Customer

• 5.1. Respondent Demographics
• 5.2. Factors Considered in Purchase Decision
• 5.3. Unmet Needs

6. China Bitumen Market Outlook, 2018-2032F

• 6.1. Market Size Analysis & Forecast
  • 6.1.1. By Value
  • 6.1.2. By Volume
• 6.2. Market Share Analysis & Forecast
  • 6.2.1. By Type
    • 6.2.1.1. Paving Grade Bitumen
    • 6.2.1.2. Oxidized Grade Bitumen
    • 6.2.1.3. Polymer Modified Bitumen
    • 6.2.1.4. Others
  • 6.2.2. By Application Type
    • 6.2.2.1. Road Construction
    • 6.2.2.2. Waterproofing
    • 6.2.2.3. Adhesives
    • 6.2.2.4. Others
  • 6.2.3. By Region
    • 6.2.3.1. South
    • 6.2.3.2. East
    • 6.2.3.3. North
    • 6.2.3.4. Northeast
    • 6.2.3.5. Central
    • 6.2.3.6. Southwest
    • 6.2.3.7. Northwest
  • 6.2.4. By Company Market Share Analysis (Top 5 Companies and Others - By Value, 2024)
• 6.3. Market Map Analysis, 2024
  • 6.3.1. By Type
  • 6.3.2. By Application Type
  • 6.3.3. By Region

7. Demand Supply Analysis

8. Import and Export Analysis

9. Value Chain Analysis

10. Porter's Five Forces Analysis

11. PESTLE Analysis

12. Pricing Analysis

13. Market Dynamics

• 13.1. Market Drivers
• 13.2. Market Challenges

14. Market Trends and Developments

15. Competitive Landscape

• 15.1. Competition Matrix of Top 5 Market Leaders
• 15.2. SWOT Analysis for Top 5 Players
• 15.3. Key Players Landscape for Top 7 Market Players
  • 15.3.1. China National Petroleum Corporation
    • 15.3.1.1. Company Details
    • 15.3.1.2. Key Management Personnel
    • 15.3.1.3. Products
    • 15.3.1.4. Financials (As Reported)
    • 15.3.1.5. Key Market Focus and Geographical Presence
    • 15.3.1.6. Recent Developments/Collaborations/Partnerships/Mergers and Acquisitions
  • 15.3.2. China Petroleum & Chemical Corporation
  • 15.3.3. China National Offshore Oil Corporation
  • 15.3.4. Jinan Bitumen & Asphalt Chemical Co., Ltd.
  • 15.3.5. Shell (China) Co., Ltd.
  • 15.3.6. China ZhenHuaOil Co., Ltd.
  • 15.3.7. Sinochem Group Co., Ltd.

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.

16. Strategic Recommendations

17. About Us and Disclaimer

List of Tables

• Table 1. Competition Matrix of Top 5 Market Leaders
• Table 2. Mergers & Acquisitions/ Joint Ventures (If Applicable)
• Table 3. About Us - Regions and Countries Where We Have Executed Client Projects

List of Figures

• Figure 1. China Bitumen Market, By Value, In USD Billion, 2018-2032F
• Figure 2. China Bitumen Market, By Volume, In Thousand Tons, 2018-2032F
• Figure 3. China Bitumen Market Share (%), By Type, 2018-2032F
• Figure 4. China Bitumen Market Share (%), By Application Type, 2018-2032F
• Figure 5. China Bitumen Market Share (%), By Region, 2018-2032F
• Figure 6. By Type Map-Market Size (USD Billion) & Growth Rate (%), 2024
• Figure 7. By Application Type Map-Market Size (USD Billion) & Growth Rate (%), 2024
• Figure 8. By Region Map-Market Size (USD Billion) & Growth Rate (%), 2024