Bitumen is one of the most widely used materials in road construction and industrial applications around the world. With its natural adhesive properties, bitumen plays a vital role in building roads, runways, and waterproofing. The bitumen market is influenced by various factors, including crude oil prices, supply and demand, production capacity, and economic conditions.

As a key product in the construction industry, fluctuations in bitumen prices can have a significant impact on project costs. The demand for bitumen is driven by growing infrastructure development in countries like the UAE, India, China, and the United States, making it crucial for contractors and buyers to keep track of market trends.