Africa Bitumen Market, By Type (Penetration Grade Bitumen, Modified Bitumen, Emulsified Bitumen, and Others), By Application (Road Construction, Roofing, Paving, and Others), By End User (Construction Industry, Infrastructure Development, Residential Sector, and Others)
In February 2024, Colas S.A., a leading global player in road construction and maintenance, merged with a regional contractor to enhance its service offerings in bitumen application. This strategic merger aims to strengthen Colas S.A.'s capabilities in delivering high-quality bitumen solutions, further solidifying its position in the market.
In June 2023, Sasol Limited, a leading integrated energy and chemical company based in South Africa, launched a new eco-friendly bitumen product designed to reduce environmental impact. This innovative product aligns with Sasol Limited's commitment to sustainability and aims to meet the growing demand for environmentally responsible construction materials.
In September 2022, BP, a leading global energy company, partnered with an African government to support infrastructure development projects aimed at enhancing the region's economic growth. This collaboration reflects BP's commitment to investing in sustainable energy solutions and infrastructure improvements across Africa.
In July 2021, Shell Bitumen, a leading global supplier of bitumen products and part of the Royal Dutch Shell Group, acquired a local bitumen supplier to expand its market presence in Africa. This strategic acquisition aims to enhance Shell Bitumen's capabilities in delivering high-quality bitumen solutions, supporting the growing demand for infrastructure development across the continent.