Market Research Report

Global Polymer Modified Bitumen Market Report By Product (Thermoplastic Elastomer And Plastomers), Application (Road Construction, Roofing And Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2021-2028

ID:VMR11210087
February 2022
Report Formats: Report Formats

Ongoing construction projects and growing demand for sustainable infrastructure and road pavements across the world is driving the market growth. Owing to advantages such as superior properties and low maintenance of polymer-modified bitumen, it is extensively used in pavements construction. Additionally, the growing global population, the rise in per capita income are the factors pushing the market growth uphill. Moreover, rising investment in refurbishment and construction of roads and pavements is also expected to foster the market growth in the forecasting period.

The latest report by Value Market Research expects the Global Polymer Modified Bitumen Market was valued USD 8.5 billion in 2017 and is likely grow with CAGR of 8% from 2018 to 2024.
 
THERMOPLASTIC ELASTOMERS DOMINATED THE PRODUCT SEGMENT
By product, thermoplastic elastomer led the segment in 2017 owing to improved properties such as resistance to heat, abrasion, chemicals, and UV oxidation, better elasticity, high strength, and enhanced low-temperature characteristics are driving the segment growth.
 
ROOFING EMERGED AS LEADING APPLICATION
In 2017, roofing dominated the application and has accounted for over XX.X% of the total market share. Rising construction of residential and commercial spaces is driving the segment growth. Also, advantages such as better tensile strength, energy efficient, eco-friendly, waterproof & durable nature of PMB, it is extensively used in roofing.
 
NORTH AMERICA LED THE REGIONAL MARKET
Geographically, North America dominated the market and has accounted for over XX.X% of the total market share in 2017. Rising investment in the refurbishment of old roads and construction of new pavements is driving the regional market growth.
 
KEY PLAYERS OF THE MARKET
Prominent players of the polymer modified bitumen market are Benzene International Pte Ltd, ExxonMobil, Gazprom NEFT, Lagan Asphalt Group, Nynas AB, Royal Dutch Shell PLC, Sika AG. and Total Oil India Pvt. Ltd.
 

As per this study the Global Polymer Modified Bitumen Market was valued at USD XX BN (by revenue) in 2021 and is anticipated to reach USD XX BN by 2028 with a CAGR of XX%.
 
Polymer modified bitumen are specially modified and engineered bitumen that is extensively used in roofing and heavy traffic pavement construction. These are added to impart better strength, maximize resistance to thermal cracking, fatigue and deformation. It reduces rutting, stripping of the roads and pavements. Also, it posses properties such as better rigidity, durability and resistant to water that is used extensively in demanding application.
 
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.
 
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.
 
Market Segmentation
 
The broad polymer modified bitumen market has been sub-grouped into product and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
 
By Product
  • Thermoplastic Elastomer
  • Plastomers
 
By Application
  • Road Construction
  • Roofing
  • Others
 
Regional Analysis
 
Furthermore, 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.
 
Global Polymer Modified Bitumen Market Share by Region (Representative Graph)
 
Global Polymer Modified Bitumen Market Share
 
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the polymer modified bitumen market include Benzene International Pte Ltd, ExxonMobil, Gazprom NEFT, Lagan Asphalt Group, Nynas AB, Royal Dutch Shell PLC, Sika AG. and Total Oil India Pvt. Ltd. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
 
 
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. 

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology
 
2 . EXECUTIVE SUMMARY
       2.1. Highlights of Market
       2.2. Global Market Snapshot
 
3 . POLYMER MODIFIED BITUMEN – INDUSTRY ANALYSIS
       3.1. Introduction - Market Dynamics
       3.2. Market Drivers
       3.3. Market Restraints
       3.4. Opportunities
       3.5. Industry Trends
       3.6. Porter’s Five Force Analysis
       3.7. Market Attractiveness Analysis
           3.7.1 Market Attractiveness Analysis By Product
           3.7.2 Market Attractiveness Analysis By Application
           3.7.3 Market Attractiveness Analysis By Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Value Chain Analysis
       4.2. Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Raw Material Manufactures List
           4.2.3. Price Trend of Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend
 
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
       5.1. Impact Analysis of Covid-19 Outbreak
           5.1.1. Direct Impact on Production
           5.1.2. Supply Chain and Market Disruption
           5.1.3. Financial Impact on Firms and Financial Markets
       5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       5.3. Market: Pre V/S Post COVID-19
       5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic 
       5.5. COVID-19: Micro and Macro Factor Analysis
 
6 . GLOBAL POLYMER MODIFIED BITUMEN MARKET ANALYSIS BY PRODUCT
       6.1 Overview by Product
       6.2 Historical and Forecast Data
       6.3 Analysis by Product
       6.4 Thermoplastic Elastomer Historic and Forecast Sales by Regions
       6.5 Plastomers Historic and Forecast Sales by Regions
 
7 . GLOBAL POLYMER MODIFIED BITUMEN MARKET ANALYSIS BY APPLICATION
       7.1 Overview by Application
       7.2 Historical and Forecast Data
       7.3 Analysis by Application
       7.4 Road Construction Historic and Forecast Sales by Regions
       7.5 Roofing Historic and Forecast Sales by Regions
       7.6 Others Historic and Forecast Sales by Regions
 
8 . GLOBAL POLYMER MODIFIED BITUMEN MARKET ANALYSIS BY GEOGRAPHY
       8.1. Regional Outlook
       8.2. Introduction
       8.3. North America Sales Analysis
           8.3.1. Overview, Historic and Forecast Sales Analysis
           8.3.2. North America By Segment Sales Analysis
           8.3.3. North America By Country Sales Analysis
           8.3.4. United State Sales Analysis
           8.3.5. Canada Sales Analysis
           8.3.6. Mexico Sales Analysis
       8.4. Europe Sales Analysis
           8.4.1. Overview, Historic and Forecast Sales Analysis
           8.4.2. Europe by Segment Sales Analysis
           8.4.3. Europe by Country Sales Analysis
           8.4.4. United Kingdom Sales Analysis
           8.4.5. France Sales Analysis
           8.4.6. Germany Sales Analysis
           8.4.7. Italy Sales Analysis
           8.4.8. Russia Sales Analysis
           8.4.9. Rest Of Europe Sales Analysis
       8.5. Asia Pacific Sales Analysis
           8.5.1. Overview, Historic and Forecast Sales Analysis
           8.5.2. Asia Pacific by Segment Sales Analysis
           8.5.3. Asia Pacific by Country Sales Analysis
           8.5.4. China Sales Analysis
           8.5.5. India Sales Analysis
           8.5.6. Japan Sales Analysis
           8.5.7. South Korea Sales Analysis
           8.5.8. Australia Sales Analysis
           8.5.9. Rest Of Asia Pacific Sales Analysis
       8.6. Latin America Sales Analysis
           8.6.1. Overview, Historic and Forecast Sales Analysis
           8.6.2. Latin America by Segment Sales Analysis
           8.6.3. Latin America by Country Sales Analysis
           8.6.4. Brazil Sales Analysis
           8.6.5. Argentina Sales Analysis
           8.6.6. Peru Sales Analysis
           8.6.7. Chile Sales Analysis
           8.6.8. Rest of Latin America Sales Analysis
       8.7. Middle East & Africa Sales Analysis
           8.7.1. Overview, Historic and Forecast Sales Analysis
           8.7.2. Middle East & Africa by Segment Sales Analysis
           8.7.3. Middle East & Africa by Country Sales Analysis
           8.7.4. Saudi Arabia Sales Analysis
           8.7.5. UAE Sales Analysis
           8.7.6. Israel Sales Analysis
           8.7.7. South Africa Sales Analysis
           8.7.8. Rest Of Middle East And Africa Sales Analysis
 
9 . COMPETITIVE LANDSCAPE OF THE POLYMER MODIFIED BITUMEN COMPANIES
       9.1. Polymer Modified Bitumen Market Competition
       9.2. Partnership/Collaboration/Agreement
       9.3. Merger And Acquisitions
       9.4. New Product Launch
       9.5. Other Developments
 
10 . COMPANY PROFILES OF POLYMER MODIFIED BITUMEN INDUSTRY
       10.1. Top 10  Company Share Analysis
       10.2. Market Concentration Rate
       10.3. Benzene International Pte Ltd
           10.3.1. Company Overview
           10.3.2. Company Revenue
           10.3.3. Products
           10.3.4. Recent Developments
       10.4. ExxonMobil
           10.4.1. Company Overview
           10.4.2. Company Revenue
           10.4.3. Products
           10.4.4. Recent Developments
       10.5. Gazprom NEFT
           10.5.1. Company Overview
           10.5.2. Company Revenue
           10.5.3. Products
           10.5.4. Recent Developments
       10.6. Lagan Asphalt Group
           10.6.1. Company Overview
           10.6.2. Company Revenue
           10.6.3. Products
           10.6.4. Recent Developments
       10.7. Nynas AB
           10.7.1. Company Overview
           10.7.2. Company Revenue
           10.7.3. Products
           10.7.4. Recent Developments
       10.8. Royal Dutch Shell PLC
           10.8.1. Company Overview
           10.8.2. Company Revenue
           10.8.3. Products
           10.8.4. Recent Developments
       10.9. Sika AG.
           10.9.1. Company Overview
           10.9.2. Company Revenue
           10.9.3. Products
           10.9.4. Recent Developments
       10.10. Total Oil India Pvt. Ltd
           10.10.1. Company Overview
           10.10.2. Company Revenue
           10.10.3. Products
           10.10.4. Recent Developments
 
 *Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
 
LIST OF TABLES
 

  •  Market Snapshot
  •  Drivers : Impact Analysis
  •  Restraints : Impact Analysis
  •  List of Raw Material
  •  List of Raw Material Manufactures
  •  List of Potential Buyers
  •  COVID-19 Impact Analysis by Production, Import, Export and Demand
  •  Pre V/S Post COVID-19
  •  Estimated Impact Of The Coronavirus (Covid-19) Epidemic
  •  COVID-19: Micro and Macro Factor Analysis
  •  Analysis by Product (USD MN)
  •  Thermoplastic Elastomer Market Sales by Geography (USD MN)
  •  Plastomers Market Sales by Geography (USD MN)
  •  Analysis Market by Application (USD MN)
  •  Road Construction Market Sales by Geography (USD MN)
  •  Roofing Market Sales by Geography (USD MN)
  •  Others Market Sales by Geography (USD MN)
  •  Global Polymer Modified Bitumen Market Sales by Geography (USD MN)
  •  North America Market Analysis (USD MN)
  •  United State Market Analysis (USD MN)
  •  Canada Market Analysis (USD MN)
  •  Mexico Market Analysis (USD MN)
  •  Europe Market Analysis (USD MN)
  •  Europe Market Estimate by Country (USD MN)
  •  United Kingdom Market Analysis (USD MN)
  •  France Market Analysis (USD MN)
  •  Germany Market Analysis (USD MN)
  •  Italy Market Analysis (USD MN)
  •  Russia Market Analysis (USD MN)
  •  Spain Market Analysis (USD MN)
  •  Rest of Europe Market Analysis (USD MN)
  •  Asia Pacific Market Analysis (USD MN)
  •  China Market Analysis (USD MN)
  •  Japan Market Analysis (USD MN)
  •  India Market Analysis (USD MN)
  •  South Korea Market Analysis (USD MN)
  •  Australia Market Analysis (USD MN)
  •  Rest of Asia Pacific Market Analysis (USD MN)
  •  Latin America Market Analysis (USD MN)
  •  Brazil Market Analysis (USD MN)
  •  Argentina Market Analysis (USD MN)
  •  Peru Market Analysis (USD MN)
  •  Chile Market Analysis (USD MN)
  •  Rest of Latin America Market Analysis (USD MN)
  •  Middle East & Africa Market Analysis (USD MN)
  •  Saudi Arabia Market Analysis (USD MN)
  •  UAE Market Analysis (USD MN)
  •  Israel Market Analysis (USD MN)
  •  South Africa Market Analysis (USD MN)
  •  Rest of Middle East and Africa Market Analysis (USD MN)
  •  Partnership/Collaboration/Agreement
  •  Mergers And Acquisiton 
 
 LIST OF FIGURES
 
  •  Research Scope of Polymer Modified Bitumen Report
  •  Market Research Process
  •  Market Research Methodology
  •  Global Polymer Modified Bitumen Market Size, by Region (USD MN)
  •  Porters Five Forces Analysis
  •  Market Attractiveness Analysis by Product
  •  Market Attractiveness Analysis by Application
  •  Market Attractiveness Analysis by Region
  •  Value Chain Analysis
  •  Global Market Analysis by Product (USD MN)
  •  Thermoplastic Elastomer Market Sales by Geography (USD MN)
  •  Plastomers Market Sales by Geography (USD MN)
  •  Global Market Analysis by Application (USD MN)
  •  Road Construction Market Sales by Geography (USD MN)
  •  Roofing Market Sales by Geography (USD MN)
  •  Others Market Sales by Geography (USD MN)
  •  Global Market by Revenue
  •  North America Market by Revenue
  •  Europe Market by Revenue
  •  Asia Pacific Market by Revenue
  •  Latin America Market by Revenue
  •  Middle East & Africa Market by Revenue
  •  Recent Development in Industry
  •  Top 10  Company Share Analysis
 
 * Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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