Polymer Modified Bitumen has high elasticity and thermal stability. An asphalt concrete surface based on PMB is highly resistant to the formation of ruts, withstands high traffic loads, and is crack-resistant at low temperatures. There are three main components in PMB production. Firstly, conventional asphalt is used as a base. Secondly, there is a plasticizer which gives the bitumen plasticity and improves dilution of the polymer. And the third component is the polymer itself. The process used to produce PMB involves mixing these three components using a specific production process.
The global Polymer Modified Bitumen industry has a medium concentration rate. The major manufacturers are concentrated in China, USA, Europe, Southeast Asia, India and Korea, such as Total, Shell, SK, Exxon Mobil and TIPCO ASPHALT.
According to this study, over the next five years the Polymer Modified Bitumen market will register a 3.5% CAGR in terms of revenue, the global market size will reach US$ 10500 million by 2024, from US$ 8870 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Polymer Modified Bitumen business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Polymer Modified Bitumen market by product type, application, key manufacturers and key regions and countries.
This study considers the Polymer Modified Bitumen value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
SBS Modified Bitumen
Plastomer Modified Bitumen
Crumb Rubber Modified Bitumen
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Road Construction & Paving
Roofing
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Total
Shell
SK
Exxon Mobil
TIPCO ASPHALT
Colas
Nynas
Gazprom Neft PJSC
Lagan Asphalt Group
Baolirus
Nichirek
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Polymer Modified Bitumen consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Polymer Modified Bitumen market by identifying its various subsegments.
Focuses on the key global Polymer Modified Bitumen manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Polymer Modified Bitumen with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Polymer Modified Bitumen submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Polymer Modified Bitumen . Industry analysis & Market Report on Polymer Modified Bitumen is a syndicated market report, published as Global Polymer Modified Bitumen Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Polymer Modified Bitumen market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.