The global Polymer Modified Bitumen market was valued at US$ 10140 million in 2022 and is projected to reach US$ 12600 million by 2029, at a CAGR of 3.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
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This report aims to provide a comprehensive presentation of the global market for Polymer Modified Bitumen, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Polymer Modified Bitumen. This report contains market size and forecasts of Polymer Modified Bitumen in global, including the following market information:
Global Polymer Modified Bitumen Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Polymer Modified Bitumen Market Sales, 2018-2023, 2024-2029, (Kiloton)
Global top five Polymer Modified Bitumen companies in 2022 (%)
China is the largest Polymer Modified Bitumen market with about 19% market share. Europe is follower, accounting for about 17% market share.The key manufacturers are Total, Shell, SK, Exxon Mobil, TIPCO ASPHALT, Colas, Nynas, Gazprom Neft PJSC, Lagan Asphalt Group, Baolirus, Nichireki, Guochuang Hi-Tech, Xi'an Guolin Industry etc. Shell is the world leader with about 8% market share.
We surveyed the Polymer Modified Bitumen manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Polymer Modified Bitumen Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Kiloton)
Global Polymer Modified Bitumen Market Segment Percentages, by Type, 2022 (%)
SBS Modified Bitumen
Plastomer Modified Bitumen
Crumb Rubber Modified Bitumen
Others
Global Polymer Modified Bitumen Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Kiloton)
Global Polymer Modified Bitumen Market Segment Percentages, by Application, 2022 (%)
Road Construction and Paving
Roofing
Others
Global Polymer Modified Bitumen Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Kiloton)
Global Polymer Modified Bitumen Market Segment Percentages, By Region and Country, 2022 (%)
North America (United States, Canada, Mexico)
Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
The Middle East and Africa (Middle East, Africa)
South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Polymer Modified Bitumen revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Polymer Modified Bitumen revenues share in global market, 2022 (%)
Key companies Polymer Modified Bitumen sales in global market, 2018-2023 (Estimated), (Kiloton)
Key companies Polymer Modified Bitumen sales share in global market, 2022 (%)
key players include:
Total
Shell
SK
Exxon Mobil
TIPCO ASPHALT
Colas
Nynas
Gazprom Neft PJSC
Lagan Asphalt Group
Baolirus
Nichireki
Guochuang Hi-Tech
Xi'an Guolin Industry
Outline of Major Chapters:
Chapter 1: Introduces the definition of Polymer Modified Bitumen, market overview.
Chapter 2: Global Polymer Modified Bitumen market size in revenue and volume.
Chapter 3: Detailed analysis of Polymer Modified Bitumen manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Polymer Modified Bitumen in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Polymer Modified Bitumen capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
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Table of content
1 Introduction to Research & Analysis Reports 1.1 Polymer Modified Bitumen Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Polymer Modified Bitumen Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Polymer Modified Bitumen Overall Market Size 2.1 Global Polymer Modified Bitumen Market Size: 2022 VS 2029 2.2 Global Polymer Modified Bitumen Revenue, Prospects & Forecasts: 2018-2029 2.3 Global Polymer Modified Bitumen Sales: 2018-2029 3 Company Landscape 3.1 Top Polymer Modified Bitumen Players in Global Market 3.2 Top Global Polymer Modified Bitumen Companies Ranked by Revenue 3.3 Global Polymer Modified Bitumen Revenue by Companies 3.4 Global Polymer Modified Bitumen Sales by Companies 3.5 Global Polymer Modified Bitumen Price by Manufacturer (2018-2023) 3.6 Top 3 and Top 5 Polymer Modified Bitumen Companies in Global Market, by Revenue in 2022 3.7 Global Manufacturers Polymer Modified Bitumen Product Type 3.8 Tier 1, Tier 2 and Tier 3 Polymer Modified Bitumen Players in Global Market 3.8.1 List of Global Tier 1 Polymer Modified Bitumen Companies 3.8.2 List of Global Tier 2 and Tier 3 Polymer Modified Bitumen Companies 4 S
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