Global Polymer Modified Bitumen Market Insights and Forecast to 2027

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.

Market Analysis and Insights: Global Polymer Modified Bitumen Market
The global Polymer Modified Bitumen market is valued at US$ 9197.1 million in 2019. The market size will reach US$ 11570 million by the end of 2026, growing at a CAGR of 3.3% during 2021-2026.

Global Polymer Modified Bitumen Scope and Segment
Polymer Modified Bitumen market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Polymer Modified Bitumen market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.

Segment by Type
SBS Modified Bitumen
Plastomer Modified Bitumen
Crumb Rubber Modified Bitumen
Others

Segment by Application
Road Construction and Paving
Roofing
Others

By Company
Total
Shell
SK
Exxon Mobil
TIPCO ASPHALT
Colas
Nynas
Gazprom Neft PJSC
Lagan Asphalt Group
Baolirus
Nichireki

Production by Region
North America
Europe
China
Japan
South Korea
Thailand

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

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