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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 rather high concentration. The major manufacturers are concentrated in China, USA, Europe, Southeast Asia, India and Korea, such as Total, Shell, SK, Exxon Mobil and TIPCO ASPHALT. At present, Shell is the world leader, holding 8.92% production market share in 2016.
Polymer Modified Bitumen downstream is wide and recently Polymer Modified Bitumen has acquired increasing significance in various fields of Road Construction & Paving, Roofing and others. Globally, the Polymer Modified Bitumen market is mainly driven by growing demand for Road Construction & Paving and Roofing. Road Construction accounts for nearly 72.90% of total downstream consumption of Polymer Modified Bitumen in global.
Polymer Modified Bitumen can be mainly divided into SBS Modified Bitumen, Plastomer Modified Bitumen and Others which SBS Modified Bitumen captures about 60.96% of Polymer Modified Bitumen market in 2016. According to our research and analysis, manufacturers from China are the major leaders in the international market of Polymer Modified Bitumen.
Global market is expected to witness significant growth on account of rising applications, so in the next few years, Polymer Modified Bitumen consumption will show a trend of steady growth. In 2023 the consumption of Polymer Modified Bitumen is estimated to be 13474 K MT. On product prices, the slow downward trend in recent years will maintain in the future.
According to this study, over the next five years the Polymer Modified Bitumen market will register a 4.4% CAGR in terms of revenue, the global market size will reach US$ 10600 million by 2024, from US$ 8170 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
Guochuang Hi-tech
Xi'an Guolin Industry
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.
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
2019-2024 Global Polymer Modified Bitumen Consumption Market Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Polymer Modified Bitumen Consumption 2014-2024
2.1.2 Polymer Modified Bitumen Consumption CAGR by Region
2.2 Polymer Modified Bitumen Segment by Type
2.2.1 SBS Modified Bitumen
2.2.2 Plastomer Modified Bitumen
2.2.3 Crumb Rubber Modified Bitumen
2.2.4 Others
2.3 Polymer Modified Bitumen Consumption by Type
2.3.1 Global Polymer Modified Bitumen Consumption Market Share by Type (2014-2019)
2.3.2 Global Polymer Modified Bitumen Revenue and Market Share by Type (2014-2019)
2.3.3 Global Polymer Modified Bitumen Sale Price by Type (2014-2019)
2.4 Polymer Modified Bitumen Segment by Application
2.4.1 Road Construction & Paving
2.4.2 Roofing
2.4.3 Others
2.5 Polymer Modified Bitumen Consumption by Application
2.5.1 Global Polymer Modified Bitumen Consumption Market Share by Application (2014-2019)
2.5.2 Global Polymer Modified Bitumen Value and Market Share by Application (2014-2019)
2.5.3 Global Polymer Modified Bitumen Sale Price by Application (2014-2019)
3 Global Polymer Modified Bitumen by Players
3.1 Global Polymer Modified Bitumen Sales Market Share by Players
3.1.1 Global Polymer Modified Bitumen Sales by Players (2017-2019)
3.1.2 Global Polymer Modified Bitumen Sales Market Share by Players (2017-2019)
3.2 Global Polymer Modified Bitumen Revenue Market Share by Players
3.2.1 Global Polymer Modified Bitumen Revenue by Players (2017-2019)
3.2.2 Global Polymer Modified Bitumen Revenue Market Share by Players (2017-2019)
3.3 Global Polymer Modified Bitumen Sale Price by Players
3.4 Global Polymer Modified Bitumen Manufacturing Base Distribution, Sales Area, Product Types by Players
3.4.1 Global Polymer Modified Bitumen Manufacturing Base Distribution and Sales Area by Players
3.4.2 Players Polymer Modified Bitumen Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 Polymer Modified Bitumen by Regions
4.1 Polymer Modified Bitumen by Regions
4.1.1 Global Polymer Modified Bitumen Consumption by Regions
4.1.2 Global Polymer Modified Bitumen Value by Regions
4.2 Americas Polymer Modified Bitumen Consumption Growth
4.3 APAC Polymer Modified Bitumen Consumption Growth
4.4 Europe Polymer Modified Bitumen Consumption Growth
4.5 Middle East & Africa Polymer Modified Bitumen Consumption Growth
5 Americas
5.1 Americas Polymer Modified Bitumen Consumption by Countries
5.1.1 Americas Polymer Modified Bitumen Consumption by Countries (2014-2019)
5.1.2 Americas Polymer Modified Bitumen Value by Countries (2014-2019)
5.2 Americas Polymer Modified Bitumen Consumption by Type
5.3 Americas Polymer Modified Bitumen Consumption by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries
6 APAC
6.1 APAC Polymer Modified Bitumen Consumption by Countries
6.1.1 APAC Polymer Modified Bitumen Consumption by Countries (2014-2019)
6.1.2 APAC Polymer Modified Bitumen Value by Countries (2014-2019)
6.2 APAC Polymer Modified Bitumen Consumption by Type
6.3 APAC Polymer Modified Bitumen Consumption by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries
7 Europe
7.1 Europe Polymer Modified Bitumen by Countries
7.1.1 Europe Polymer Modified Bitumen Consumption by Countries (2014-2019)
7.1.2 Europe Polymer Modified Bitumen Value by Countries (2014-2019)
7.2 Europe Polymer Modified Bitumen Consumption by Type
7.3 Europe Polymer Modified Bitumen Consumption by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
8.1 Middle East & Africa Polymer Modified Bitumen by Countries
8.1.1 Middle East & Africa Polymer Modified Bitumen Consumption by Countries (2014-2019)
8.1.2 Middle East & Africa Polymer Modified Bitumen Value by Countries (2014-2019)
8.2 Middle East & Africa Polymer Modified Bitumen Consumption by Type
8.3 Middle East & Africa Polymer Modified Bitumen Consumption by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends
10 Marketing, Distributors and Customer
10.1 Sales Channel
10.1.1 Direct Channels
10.1.2 Indirect Channels
10.2 Polymer Modified Bitumen Distributors
10.3 Polymer Modified Bitumen Customer
11 Global Polymer Modified Bitumen Market Forecast
11.1 Global Polymer Modified Bitumen Consumption Forecast (2019-2024)
11.2 Global Polymer Modified Bitumen Forecast by Regions
11.2.1 Global Polymer Modified Bitumen Forecast by Regions (2019-2024)
11.2.2 Global Polymer Modified Bitumen Value Forecast by Regions (2019-2024)
11.2.3 Americas Consumption Forecast
11.2.4 APAC Consumption Forecast
11.2.5 Europe Consumption Forecast
11.2.6 Middle East & Africa Consumption Forecast
11.3 Americas Forecast by Countries
11.3.1 United States Market Forecast
11.3.2 Canada Market Forecast
11.3.3 Mexico Market Forecast
11.3.4 Brazil Market Forecast
11.4 APAC Forecast by Countries
11.4.1 China Market Forecast
11.4.2 Japan Market Forecast
11.4.3 Korea Market Forecast
11.4.4 Southeast Asia Market Forecast
11.4.5 India Market Forecast
11.4.6 Australia Market Forecast
11.5 Europe Forecast by Countries
11.5.1 Germany Market Forecast
11.5.2 France Market Forecast
11.5.3 UK Market Forecast
11.5.4 Italy Market Forecast
11.5.5 Russia Market Forecast
11.5.6 Spain Market Forecast
11.6 Middle East & Africa Forecast by Countries
11.6.1 Egypt Market Forecast
11.6.2 South Africa Market Forecast
11.6.3 Israel Market Forecast
11.6.4 Turkey Market Forecast
11.6.5 GCC Countries Market Forecast
11.7 Global Polymer Modified Bitumen Forecast by Type
11.8 Global Polymer Modified Bitumen Forecast by Application
12 Key Players Analysis
12.1 Total
12.1.1 Company Details
12.1.2 Polymer Modified Bitumen Product Offered
12.1.3 Total Polymer Modified Bitumen Sales, Revenue, Price and Gross Margin (2017-2019)
12.1.4 Main Business Overview
12.1.5 Total News
12.2 Shell
12.2.1 Company Details
12.2.2 Polymer Modified Bitumen Product Offered
12.2.3 Shell Polymer Modified Bitumen Sales, Revenue, Price and Gross Margin (2017-2019)
12.2.4 Main Business Overview
12.2.5 Shell News
12.3 SK
12.3.1 Company Details
12.3.2 Polymer Modified Bitumen Product Offered
12.3.3 SK Polymer Modified Bitumen Sales, Revenue, Price and Gross Margin (2017-2019)
12.3.4 Main Business Overview
12.3.5 SK News
12.4 Exxon Mobil
12.4.1 Company Details
12.4.2 Polymer Modified Bitumen Product Offered
12.4.3 Exxon Mobil Polymer Modified Bitumen Sales, Revenue, Price and Gross Margin (2017-2019)
12.4.4 Main Business Overview
12.4.5 Exxon Mobil News
12.5 TIPCO ASPHALT
12.5.1 Company Details
12.5.2 Polymer Modified Bitumen Product Offered
12.5.3 TIPCO ASPHALT Polymer Modified Bitumen Sales, Revenue, Price and Gross Margin (2017-2019)
12.5.4 Main Business Overview
12.5.5 TIPCO ASPHALT News
12.6 Colas
12.6.1 Company Details
12.6.2 Polymer Modified Bitumen Product Offered
12.6.3 Colas Polymer Modified Bitumen Sales, Revenue, Price and Gross Margin (2017-2019)
12.6.4 Main Business Overview
12.6.5 Colas News
12.7 Nynas
12.7.1 Company Details
12.7.2 Polymer Modified Bitumen Product Offered
12.7.3 Nynas Polymer Modified Bitumen Sales, Revenue, Price and Gross Margin (2017-2019)
12.7.4 Main Business Overview
12.7.5 Nynas News
12.8 Gazprom Neft PJSC
12.8.1 Company Details
12.8.2 Polymer Modified Bitumen Product Offered
12.8.3 Gazprom Neft PJSC Polymer Modified Bitumen Sales, Revenue, Price and Gross Margin (2017-2019)
12.8.4 Main Business Overview
12.8.5 Gazprom Neft PJSC News
12.9 Lagan Asphalt Group
12.9.1 Company Details
12.9.2 Polymer Modified Bitumen Product Offered
12.9.3 Lagan Asphalt Group Polymer Modified Bitumen Sales, Revenue, Price and Gross Margin (2017-2019)
12.9.4 Main Business Overview
12.9.5 Lagan Asphalt Group News
12.10 Baolirus
12.10.1 Company Details
12.10.2 Polymer Modified Bitumen Product Offered
12.10.3 Baolirus Polymer Modified Bitumen Sales, Revenue, Price and Gross Margin (2017-2019)
12.10.4 Main Business Overview
12.10.5 Baolirus News
12.11 Guochuang Hi-tech
12.12 Xi'an Guolin Industry
13 Research Findings and Conclusion
List of Tables and Figures
Figure Picture of Polymer Modified Bitumen
Table Product Specifications of Polymer Modified Bitumen
Figure Polymer Modified Bitumen Report Years Considered
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