According to WPB, Recent market analyses indicate that the rolled bitumen industry in the Middle East is set to exhibit steady and strong growth, with a CAGR of approximately 1.6% through 2035.
This growth trajectory reflects the region's continued focus on modernization of infrastructure, expansion of cities, and construction materials that are resilient to climatic changes. Saudi Arabia, the United Arab Emirates, and Qatar remain key drivers, underpinned by massive investments in housing, transport, and smart city projects.
Market experts say that rolled or sheet bitumen has become a vital commodity in roofing and waterproofing in view of growing environmental concerns. The shift toward polymer-modified and eco-friendly bitumen sheets is enabling longer durability with reduced maintenance costs under the harsh climatic conditions of the Middle East.
Moreover, local refineries are expanding their production capacities, thereby reducing import dependency, while the opening of new trade routes through the Red Sea and the Persian Gulf improves regional distribution efficiency.
Analysts, however, caution that volatile crude oil prices and fluctuating raw material costs may impact short-run market stability.
Although these challenges exist, the overall outlook remains positive, rooted in government-backed infrastructure programs and technology innovation in the construction materials sector. Bitumen has evolved from a simple by-product of refining into a strategic building component that reflects the region’s economic diversification.
By WPB
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