Bitumen 60/70 Market Outlook 2026: Global Export Analysis and Trends
The global bitumen market is entering a transformative phase in 2026. As infrastructure projects accelerate across emerging economies, Bitumen 60/70—the most versatile penetration grade—remains at the forefront of the industry. With a projected market value surpassing $60 billion this year, understanding the shifting dynamics of supply and demand is crucial for stakeholders and contractors worldwide.
1. Global Market Overview and 2026 Forecast
The demand for bitumen 60/70 is primarily driven by its ideal physical properties, offering a perfect balance between hardness and workability. As of early 2026, the market is characterized by:
Rising Infrastructure Spending: Massive government initiatives in the Global South.
Price Volatility: Direct correlation with crude oil fluctuations and vacuum bottom (VB) availability.
Sustainability Shifts: A growing interest in polymer-modified and bio-based bitumen.
2. Regional Market Conditions
Asia: The Engine of Growth
Asia-Pacific continues to dominate the market, holding over 30% of the global share.
China: Remains the largest consumer, focusing on maintaining its extensive expressway network.
Southeast Asia: Countries like Vietnam and Malaysia are seeing a surge in price benchmarks (averaging $450–$460/MT) due to aggressive urban development.
India: The Infrastructure Powerhouse
India is a standout market in 2026. With the Bharatmala Pariyojana project aiming for over 34,000 km of new highways, the country’s bitumen demand is hitting record highs. While domestic production is strong, India remains one of the world’s top importers of penetration grade 60/70 to bridge the supply gap.
Africa: The Backbone of Development
In Africa, Bitumen 60/70 is the “default” choice.
East Africa: Major hubs like Kenya and Tanzania are driving demand through the ports of Mombasa and Dar es Salaam.
North Africa: Nations like Algeria and Morocco are increasingly sourcing Mediterranean and Middle Eastern cargoes for Saharan road projects.
Market Insight: Africa often faces higher landed costs due to inland logistics, making reliable sourcing from competitive exporters essential.
3. Key Applications of Bitumen 60/70
The versatility of the 60/70 grade makes it the “gold standard” for several industries:
Road Construction: Used in hot-mix asphalt for highways, motorways, and airport runways.
Waterproofing: The primary base for Isogam (bituminous membranes) used in roofing and foundations.
Industrial Use: Utilized in the production of emulsions and cutback bitumen for specialized coating applications.
4. Exporting Analysis: Choosing a Reliable Partner
Exporting bitumen requires more than just a product; it requires expertise in logistics, international standards (ASTM/EN), and flexible payment terms. In 2026, the complexity of global trade makes the choice of supplier a make-or-break decision for large-scale projects.
Faragam Co: A Trusted Name in Global Supply
When it comes to reliability and quality, Faragam Co has established itself as a premier supplier and exporter of Bitumen 60/70. Known for their “professionalism beyond borders,” Faragam Co provides a strategic advantage to international buyers through:
Global Reach: Actively exporting to the GCC, East Asia, Africa, and CIS countries.
Packaging Excellence: Offering specialized solutions including new steel drums, jumbo bags, and bulk shipments to ensure product integrity.
Technical Compliance: All products are manufactured in accordance with international CE and ASTM standards.
Financial Flexibility: To facilitate global trade, Faragam Co offers streamlined payment options through various international banking hubs.
Why Quality Matters
Using sub-standard bitumen can lead to premature road failure and high maintenance costs. Suppliers like Faragam Co ensure that every shipment of 60/70 grade meets the exact penetration and softening point specifications required for the destination’s specific climate.
Conclusion
The 2026 bitumen 60/70 outlook is one of resilience and steady growth. While geopolitical shifts and oil prices create waves, the fundamental need for roads and housing remains constant. For contractors and traders in Asia, Africa, and beyond, success lies in securing high-quality material from reputable partners like Faragam Co.
