Polymer Modified Bitumen Market report is predicted to gain better growth in coming years 2019 to 2024. This Polymer Modified Bitumen market report provides extensive analysis of top-vendors, regional development, progressive trends, and countless growth statistics of Polymer Modified Bitumen market. Additionally, emerging opportunities and revenue forecast (2019-2024) allows easy decision-making for all readers worldwide.
About Polymer Modified Bitumen
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.
Covered in this report
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
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
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Key Topics Covered:
1 Scope of the Report
2 Executive Summary
3 Global Polymer Modified Bitumen by Players
4 Polymer Modified Bitumen by Regions
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Marketing, Distributors and Customer
11 Global Polymer Modified Bitumen Market Forecast
12 Key Players Analysis
13 Research Findings and Conclusion
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