Industry: Chemical & Material
Published Date: 2025-02-24
Pages: 96 Pages
Report ld: 4210940
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Pitch Market Size(US$)

CAGR 2025-2031
3.8%
Market Size,2031
USD 56,760
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Pitch was estimated to be worth US$ 43880 million in 2024 and is forecast to a readjusted size of US$ 56760 million by 2031 with a CAGR of 3.8% during the forecast period 2025-2031.
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.
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.
This report aims to provide a comprehensive presentation of the global market for Pitch, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Pitch by region & country, by Type, and by Application.
The Pitch market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Pitch.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of Pitch manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: 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 market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Pitch in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: 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 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
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We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
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All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
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TABLE OF CONTENTS
1 Market Overview
1.1 Pitch Product Introduction
1.2 Global Pitch Market Size Forecast
1.2.1 Global Pitch Sales Value (2020-2031)
1.2.2 Global Pitch Sales Volume (2020-2031)
1.2.3 Global Pitch Sales Price (2020-2031)
1.3 Pitch Market Trends & Drivers
1.3.1 Pitch Industry Trends
1.3.2 Pitch Market Drivers & Opportunity
1.3.3 Pitch Market Challenges
1.3.4 Pitch Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Pitch Players Revenue Ranking (2024)
2.2 Global Pitch Revenue by Company (2020-2025)
2.3 Global Pitch Players Sales Volume Ranking (2024)
2.4 Global Pitch Sales Volume by Company Players (2020-2025)
2.5 Global Pitch Average Price by Company (2020-2025)
2.6 Key Manufacturers Pitch Manufacturing Base and Headquarters
2.7 Key Manufacturers Pitch Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Pitch
2.9 Pitch Market Competitive Analysis
2.9.1 Pitch Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Pitch Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Pitch as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Paving Grade Pitch
3.1.2 Industrial Grade Pitch
3.2 Global Pitch Sales Value by Type
3.2.1 Global Pitch Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Pitch Sales Value, by Type (2020-2031)
3.2.3 Global Pitch Sales Value, by Type (%) (2020-2031)
3.3 Global Pitch Sales Volume by Type
3.3.1 Global Pitch Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Pitch Sales Volume, by Type (2020-2031)
3.3.3 Global Pitch Sales Volume, by Type (%) (2020-2031)
3.4 Global Pitch Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Paving
4.1.2 Roofing
4.1.3 Other
4.2 Global Pitch Sales Value by Application
4.2.1 Global Pitch Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Pitch Sales Value, by Application (2020-2031)
4.2.3 Global Pitch Sales Value, by Application (%) (2020-2031)
4.3 Global Pitch Sales Volume by Application
4.3.1 Global Pitch Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Pitch Sales Volume, by Application (2020-2031)
4.3.3 Global Pitch Sales Volume, by Application (%) (2020-2031)
4.4 Global Pitch Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Pitch Sales Value by Region
5.1.1 Global Pitch Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Pitch Sales Value by Region (2020-2025)
5.1.3 Global Pitch Sales Value by Region (2026-2031)
5.1.4 Global Pitch Sales Value by Region (%), (2020-2031)
5.2 Global Pitch Sales Volume by Region
5.2.1 Global Pitch Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Pitch Sales Volume by Region (2020-2025)
5.2.3 Global Pitch Sales Volume by Region (2026-2031)
5.2.4 Global Pitch Sales Volume by Region (%), (2020-2031)
5.3 Global Pitch Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Pitch Sales Value, 2020-2031
5.4.2 North America Pitch Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Pitch Sales Value, 2020-2031
5.5.2 Europe Pitch Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Pitch Sales Value, 2020-2031
5.6.2 Asia Pacific Pitch Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Pitch Sales Value, 2020-2031
5.7.2 South America Pitch Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Pitch Sales Value, 2020-2031
5.8.2 Middle East & Africa Pitch Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Pitch Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Pitch Sales Value
6.2.1 Key Countries/Regions Pitch Sales Value, 2020-2031
6.2.2 Key Countries/Regions Pitch Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Pitch Sales Value, 2020-2031
6.3.2 United States Pitch Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Pitch Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Pitch Sales Value, 2020-2031
6.4.2 Europe Pitch Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Pitch Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Pitch Sales Value, 2020-2031
6.5.2 China Pitch Sales Value by Type (%), 2024 VS 2031
6.5.3 China Pitch Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Pitch Sales Value, 2020-2031
6.6.2 Japan Pitch Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Pitch Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Pitch Sales Value, 2020-2031
6.7.2 South Korea Pitch Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Pitch Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Pitch Sales Value, 2020-2031
6.8.2 Southeast Asia Pitch Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Pitch Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Pitch Sales Value, 2020-2031
6.9.2 India Pitch Sales Value by Type (%), 2024 VS 2031
6.9.3 India Pitch Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 ExxonMobil
7.1.1 ExxonMobil Company Information
7.1.2 ExxonMobil Introduction and Business Overview
7.1.3 ExxonMobil Pitch Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 ExxonMobil Pitch Product Offerings
7.1.5 ExxonMobil Recent Development
7.2 Cnooc
7.2.1 Cnooc Company Information
7.2.2 Cnooc Introduction and Business Overview
7.2.3 Cnooc Pitch Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Cnooc Pitch Product Offerings
7.2.5 Cnooc Recent Development
7.3 Sinopec
7.3.1 Sinopec Company Information
7.3.2 Sinopec Introduction and Business Overview
7.3.3 Sinopec Pitch Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Sinopec Pitch Product Offerings
7.3.5 Sinopec Recent Development
7.4 CNPC
7.4.1 CNPC Company Information
7.4.2 CNPC Introduction and Business Overview
7.4.3 CNPC Pitch Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 CNPC Pitch Product Offerings
7.4.5 CNPC Recent Development
7.5 ConocoPhillips
7.5.1 ConocoPhillips Company Information
7.5.2 ConocoPhillips Introduction and Business Overview
7.5.3 ConocoPhillips Pitch Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 ConocoPhillips Pitch Product Offerings
7.5.5 ConocoPhillips Recent Development
7.6 Pasargad Oil
7.6.1 Pasargad Oil Company Information
7.6.2 Pasargad Oil Introduction and Business Overview
7.6.3 Pasargad Oil Pitch Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Pasargad Oil Pitch Product Offerings
7.6.5 Pasargad Oil Recent Development
7.7 Shell
7.7.1 Shell Company Information
7.7.2 Shell Introduction and Business Overview
7.7.3 Shell Pitch Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Shell Pitch Product Offerings
7.7.5 Shell Recent Development
7.8 LOTOS
7.8.1 LOTOS Company Information
7.8.2 LOTOS Introduction and Business Overview
7.8.3 LOTOS Pitch Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 LOTOS Pitch Product Offerings
7.8.5 LOTOS Recent Development
8 Industry Chain Analysis
8.1 Pitch Industrial Chain
8.2 Pitch Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Pitch Sales Model
8.5.2 Sales Channel
8.5.3 Pitch Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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