Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Polymer Modified Bitumen Market by Type (SBS Modified Bitumen, Plastomer Modified Bitumen, Crumb Rubber Modified Bitumen, Others), By Application (Road Construction & Paving, Roofing, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Polymer Modified Bitumen Market by Type (SBS Modified Bitumen, Plastomer Modified Bitumen, Crumb Rubber Modified Bitumen, Others), By Application (Road Construction & Paving, Roofing, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 145228 3300 Chemical & Material 377 250 Pages 5 (45)
                                          

The global polymer modified bitumen market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market is driven by the increasing demand for polymer modified bitumen in various applications such as road construction and paving, roofing, and others. Polymer modified bitumen has many advantages over conventional asphalt such as improved durability, reduced permeability, and better resistance to cracking. These properties make it suitable for use in various applications such as road construction and paving, roofing, and others. The global polymer modified bitumen market is segmented on the basis of type into SBS Modified Bitumen (SBS-MB), Plastomer Modified Bitumen (PMB), Crumb Rubber Modified Bitumen (CRMB). The SBS-MB segment accounted for the largest share of the global polymer modified bitumen market in 2017 owing to its high demand from North America region followed by Europe region due to its excellent performance against water penetration which makes it suitable for use in regions with heavy rainfall or snowfall conditions like Canada or Russia respectively.

Some Of The Growth Factors Of This Market:

  1. Polymer modified bitumen is a type of asphalt that has been mixed with polymers to make it more flexible and durable.
  2. Polymer modified bitumen is used in the construction industry for roofing, waterproofing, and other applications where durability is important.
  3. The use of polymer modified bitumen in construction has increased due to its ability to withstand extreme weather conditions such as high temperatures and heavy rainfalls without cracking or peeling off the surface it was applied on.

Industry Growth Insights published a new data on “Polymer Modified Bitumen Market”. The research report is titled “Polymer Modified Bitumen Market research by Types (SBS Modified Bitumen, Plastomer Modified Bitumen, Crumb Rubber Modified Bitumen, Others), By Applications (Road Construction & Paving, Roofing, Others), By Players/Companies Total, Shell, SK, Exxon Mobil, TIPCO ASPHALT, Colas, Nynas, Gazprom Neft PJSC, Lagan Asphalt Group, Baolirus, Guochuang Hi-tech, Xi'an Guolin Industry, Nichireki”.

Scope Of The Report

Report Attributes

Report Details

Report Title

Polymer Modified Bitumen Market Research Report

By Type

SBS Modified Bitumen, Plastomer Modified Bitumen, Crumb Rubber Modified Bitumen, Others

By Application

Road Construction & Paving, Roofing, Others

By Companies

Total, Shell, SK, Exxon Mobil, TIPCO ASPHALT, Colas, Nynas, Gazprom Neft PJSC, Lagan Asphalt Group, Baolirus, Guochuang Hi-tech, Xi'an Guolin Industry, Nichireki

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

250

Number of Tables & Figures

175

Customization Available

Yes, the report can be customized as per your need.


Global Polymer Modified Bitumen Industry Outlook


Global Polymer Modified Bitumen Market Report Segments:

The global Polymer Modified Bitumen market is segmented on the basis of:

Types

SBS Modified Bitumen, Plastomer Modified Bitumen, Crumb Rubber Modified Bitumen, Others

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Road Construction & Paving, Roofing, Others

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Total
  2. Shell
  3. SK
  4. Exxon Mobil
  5. TIPCO ASPHALT
  6. Colas
  7. Nynas
  8. Gazprom Neft PJSC
  9. Lagan Asphalt Group
  10. Baolirus
  11. Guochuang Hi-tech
  12. Xi'an Guolin Industry
  13. Nichireki

Global Polymer Modified Bitumen Market Overview


Highlights of The Polymer Modified Bitumen Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. SBS Modified Bitumen
    2. Plastomer Modified Bitumen
    3. Crumb Rubber Modified Bitumen
    4. Others
  1. By Application:

    1. Road Construction & Paving
    2. Roofing
    3. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Polymer Modified Bitumen Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Polymer Modified Bitumen Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Polymer modified bitumen is a type of asphalt that has been treated with a polymer. The polymer helps to improve the performance of the asphalt, making it more resistant to wear and tear.

Some of the major companies in the polymer modified bitumen market are Total, Shell, SK, Exxon Mobil, TIPCO ASPHALT, Colas, Nynas, Gazprom Neft PJSC, Lagan Asphalt Group, Baolirus, Guochuang Hi-tech, Xi'an Guolin Industry, Nichireki.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Polymer Modified Bitumen Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Polymer Modified Bitumen Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Polymer Modified Bitumen Market - Supply Chain
   4.5. Global Polymer Modified Bitumen Market Forecast
      4.5.1. Polymer Modified Bitumen Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Polymer Modified Bitumen Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Polymer Modified Bitumen Market Absolute $ Opportunity

5. Global Polymer Modified Bitumen Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Polymer Modified Bitumen Market Size and Volume Forecast by Type
      5.3.1. SBS Modified Bitumen
      5.3.2. Plastomer Modified Bitumen
      5.3.3. Crumb Rubber Modified Bitumen
      5.3.4. Others
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Polymer Modified Bitumen Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Polymer Modified Bitumen Market Size and Volume Forecast by Application
      6.3.1. Road Construction & Paving
      6.3.2. Roofing
      6.3.3. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Polymer Modified Bitumen Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Polymer Modified Bitumen Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Polymer Modified Bitumen Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Polymer Modified Bitumen Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Polymer Modified Bitumen Demand Share Forecast, 2019-2026

9. North America Polymer Modified Bitumen Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Polymer Modified Bitumen Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Polymer Modified Bitumen Market Size and Volume Forecast by Application
      9.4.1. Road Construction & Paving
      9.4.2. Roofing
      9.4.3. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Polymer Modified Bitumen Market Size and Volume Forecast by Type
      9.7.1. SBS Modified Bitumen
      9.7.2. Plastomer Modified Bitumen
      9.7.3. Crumb Rubber Modified Bitumen
      9.7.4. Others
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Polymer Modified Bitumen Demand Share Forecast, 2019-2026

10. Latin America Polymer Modified Bitumen Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Polymer Modified Bitumen Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Polymer Modified Bitumen Market Size and Volume Forecast by Application
      10.4.1. Road Construction & Paving
      10.4.2. Roofing
      10.4.3. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Polymer Modified Bitumen Market Size and Volume Forecast by Type
      10.7.1. SBS Modified Bitumen
      10.7.2. Plastomer Modified Bitumen
      10.7.3. Crumb Rubber Modified Bitumen
      10.7.4. Others
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Polymer Modified Bitumen Demand Share Forecast, 2019-2026

11. Europe Polymer Modified Bitumen Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Polymer Modified Bitumen Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Polymer Modified Bitumen Market Size and Volume Forecast by Application
      11.4.1. Road Construction & Paving
      11.4.2. Roofing
      11.4.3. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Polymer Modified Bitumen Market Size and Volume Forecast by Type
      11.7.1. SBS Modified Bitumen
      11.7.2. Plastomer Modified Bitumen
      11.7.3. Crumb Rubber Modified Bitumen
     11.7.4. Others
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Polymer Modified Bitumen Demand Share, 2019-2026

12. Asia Pacific Polymer Modified Bitumen Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Polymer Modified Bitumen Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Polymer Modified Bitumen Market Size and Volume Forecast by Application
      12.4.1. Road Construction & Paving
      12.4.2. Roofing
      12.4.3. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Polymer Modified Bitumen Market Size and Volume Forecast by Type
      12.7.1. SBS Modified Bitumen
      12.7.2. Plastomer Modified Bitumen
      12.7.3. Crumb Rubber Modified Bitumen
      12.7.4. Others
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Polymer Modified Bitumen Demand Share, 2019-2026

13. Middle East & Africa Polymer Modified Bitumen Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Polymer Modified Bitumen Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Polymer Modified Bitumen Market Size and Volume Forecast by Application
      13.4.1. Road Construction & Paving
      13.4.2. Roofing
      13.4.3. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Polymer Modified Bitumen Market Size and Volume Forecast by Type
      13.7.1. SBS Modified Bitumen
      13.7.2. Plastomer Modified Bitumen
      13.7.3. Crumb Rubber Modified Bitumen
      13.7.4. Others
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Polymer Modified Bitumen Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Polymer Modified Bitumen Market: Market Share Analysis
   14.2. Polymer Modified Bitumen Distributors and Customers
   14.3. Polymer Modified Bitumen Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Total
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Shell
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. SK
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Exxon Mobil
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. TIPCO ASPHALT
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Colas
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Nynas
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Gazprom Neft PJSC
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Lagan Asphalt Group
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Baolirus
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Guochuang Hi-tech
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Xi'an Guolin Industry
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. Nichireki
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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