Polymer Modified Bitumen Market Size & Industry Forecast Research Report, 2025

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Global Polymer Modified Bitumen Market Report 2018 - 2025 Contact : sales@valuemarketresearch.com

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Global Polymer Modified Bitumen Market According to the global Polymer Modified Bitumen Market report published by Value Market Research, the market is expected to touch USD 14.6 BN by 2024, with a CAGR of 8.0% growing from USD 8.5 BN in 2017. This is a tailored made research report providing informative data and various critical aspects of the market such as market outlook, market share, growth, and trends. Further, the report also offers evidence-based information that helps to transform clients business and achieve their business goals. Moreover, the report also highlights the key strategy of top players. Additionally, this report covers a wide spectrum of services such as the latest technology trend, market opportunity analysis, and competitive landscape.

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Global Polymer Modified Bitumen Market Dynamics Rising infrastructural development within emerging economies such as China and India is driving the market growth. The shift in trend towards the use of PMB owing to its enhanced properties and low maintenance cost is further driving the market growth. Rising investment in refurbishment and construction of roads and pavements is expected to foster the market growth in forecasting period. However, volatile prices of raw material is likely to hinder market growth.

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This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of polymer modified bitumen. Adding Value to Business

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Global Polymer Modified Bitumen Market Segmentation

By Product

By Application

• Thermoplastic Elastomer

• Road Construction

• Plastomers

• Roofing • Others

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Global Polymer Modified Bitumen Market Key Players

       

Benzene International Pte Ltd ExxonMobil Gazprom NEFT Lagan Asphalt Group Nynas AB Royal Dutch Shell PLC Sika AG. Total Oil India Pvt. Ltd.

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Global Polymer Modified Bitumen Market Regional Analysis The report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for polymer modified bitumen in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions. METHODOLOGY: A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.

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