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Global $125+ Billion Eco-Friendly Bitumen Markets, 2021-2025: Increasing Demand for Sustainable Roads & Rising Inclination toward Alternative Binders in Road Pavements


Global Eco-Friendly Bitumen Market to Reach $126,743.58 by 2025
Eco-friendly bitumen is an emerging market which is projected to follow an upward growth trend primarily driven by growing consumers inclination towards sustainable construction. Eco-friendly bitumen is available in multiple forms in market such as bio-based bitumen, recycled bitumen, and natural bitumen. Recycled bitumen registered the highest demand in global eco-friendly bitumen market owing to increasing awareness regarding road pavements recycling and environmental benefits associate with the same.
Major growth driver for global eco-friendly bitumen market is escalating highways and roadways construction activities across the world. several economies have witnessed high growth in transportation infrastructure due to increasing vehicle sales, population, and urbanization. In India, highway construction increased by a CAGR of 21.4% from the year 2016-19 (as per IBEF, November 2020 report) with the construct ....

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Highways construction touches record 37 km per day: Gadkari


Updated:
April 02, 2021 11:55 IST
The ministry of road transport and highways has constructed 13,394 km of highways in fiscal year 2020-21.
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Union Minister for Road, Transport and Highways, and BJP senior leader, Nitin Gadkari. File   | Photo Credit:
PTI
The ministry of road transport and highways has constructed 13,394 km of highways in fiscal year 2020-21.
Union Minister Nitin Gadkari has said that the pace of highways construction in the country has touched a record 37 km per day in financial year 2020-21.
He said the achievement was remarkable as it was achieved despite constraints posed by the COVID-19 pandemic.
The ministry of road transport and highways has constructed 13,394 km of highways in fiscal year 2020-21. ....

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