Global Modified Bitumen Market Research Report 2023(Status and Outlook)
Report Overview
Modified Bitumen has high elasticity and thermal stability. An asphalt concrete surface based on Modified Bitumen 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 Modified Bitumen 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 Modified Bitumen involves mixing these three components using a specific production process.
The Global Modified Bitumen Market Size was estimated at USD 10790.00 million in 2022 and is projected to reach USD 13270.34 million by 2029, exhibiting a CAGR of 3.00% during the forecast period.
Bosson Research’s latest report provides a deep insight into the global Modified Bitumen market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Modified Bitumen Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Modified Bitumen market in any manner.
Global Modified Bitumen Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Total
Shell
SK
ExxonMobil
TIPCO ASPHALT
Colas
Nynas
Gazprom Neft PJSC
Lagan Asphalt Group
Baolirus
Guochuang Hi-tech
Xi'an Guolin Industry
Nichireki
Market Segmentation (by Type)
SBS Modified Bitumen
Plastomer Modified Bitumen
Crumb Rubber Modified Bitumen
Others
Market Segmentation (by Application)
Automotive
Machinery
Oil & Gas
Compressor Industries
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Modified Bitumen Market
Overview of the regional outlook of the Modified Bitumen Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
- 1 Research Methodology and Statistical Scope
- 1.1 Market Definition and Statistical Scope of Modified Bitumen
- 1.2 Key Market Segments
- 1.2.1 Modified Bitumen Segment by Type
- 1.2.2 Modified Bitumen Segment by Application
- 1.3 Methodology & Sources of Information
- 1.3.1 Research Methodology
- 1.3.2 Research Process
- 1.3.3 Market Breakdown and Data Triangulation
- 1.3.4 Base Year
- 1.3.5 Report Assumptions & Caveats
- 2 Modified Bitumen Market Overview
- 2.1 Global Market Overview
- 2.1.1 Global Modified Bitumen Market Size (M USD) Estimates and Forecasts (2018-2029)
- 2.1.2 Global Modified Bitumen Sales Estimates and Forecasts (2018-2029)
- 2.2 Market Segment Executive Summary
- 2.3 Global Market Size by Region
- 3 Modified Bitumen Market Competitive Landscape
- 3.1 Global Modified Bitumen Sales by Manufacturers (2018-2023)
- 3.2 Global Modified Bitumen Revenue Market Share by Manufacturers (2018-2023)
- 3.3 Modified Bitumen Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 3.4 Global Modified Bitumen Average Price by Manufacturers (2018-2023)
- 3.5 Manufacturers Modified Bitumen Sales Sites, Area Served, Product Type
- 3.6 Modified Bitumen Market Competitive Situation and Trends
- 3.6.1 Modified Bitumen Market Concentration Rate
- 3.6.2 Global 5 and 10 Largest Modified Bitumen Players Market Share by Revenue
- 3.6.3 Mergers & Acquisitions, Expansion
- 4 Modified Bitumen Industry Chain Analysis
- 4.1 Modified Bitumen Industry Chain Analysis
- 4.2 Market Overview of Key Raw Materials
- 4.3 Midstream Market Analysis
- 4.4 Downstream Customer Analysis
- 5 The Development and Dynamics of Modified Bitumen Market
- 5.1 Key Development Trends
- 5.2 Driving Factors
- 5.3 Market Challenges
- 5.4 Market Restraints
- 5.5 Industry News
- 5.5.1 New Product Developments
- 5.5.2 Mergers & Acquisitions
- 5.5.3 Expansions
- 5.5.4 Collaboration/Supply Contracts
- 5.6 Industry Policies
- 6 Modified Bitumen Market Segmentation by Type
- 6.1 Evaluation Matrix of Segment Market Development Potential (Type)
- 6.2 Global Modified Bitumen Sales Market Share by Type (2018-2023)
- 6.3 Global Modified Bitumen Market Size Market Share by Type (2018-2023)
- 6.4 Global Modified Bitumen Price by Type (2018-2023)
- 7 Modified Bitumen Market Segmentation by Application
- 7.1 Evaluation Matrix of Segment Market Development Potential (Application)
- 7.2 Global Modified Bitumen Market Sales by Application (2018-2023)
- 7.3 Global Modified Bitumen Market Size (M USD) by Application (2018-2023)
- 7.4 Global Modified Bitumen Sales Growth Rate by Application (2018-2023)
- 8 Modified Bitumen Market Segmentation by Region
- 8.1 Global Modified Bitumen Sales by Region
- 8.1.1 Global Modified Bitumen Sales by Region
- 8.1.2 Global Modified Bitumen Sales Market Share by Region
- 8.2 North America
- 8.2.1 North America Modified Bitumen Sales by Country
- 8.2.2 U.S.
- 8.2.3 Canada
- 8.2.4 Mexico
- 8.3 Europe
- 8.3.1 Europe Modified Bitumen Sales by Country
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 U.K.
- 8.3.5 Italy
- 8.3.6 Russia
- 8.4 Asia Pacific
- 8.4.1 Asia Pacific Modified Bitumen Sales by Region
- 8.4.2 China
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 India
- 8.4.6 Southeast Asia
- 8.5 South America
- 8.5.1 South America Modified Bitumen Sales by Country
- 8.5.2 Brazil
- 8.5.3 Argentina
- 8.5.4 Columbia
- 8.6 Middle East and Africa
- 8.6.1 Middle East and Africa Modified Bitumen Sales by Region
- 8.6.2 Saudi Arabia
- 8.6.3 UAE
- 8.6.4 Egypt
- 8.6.5 Nigeria
- 8.6.6 South Africa
- 9 Key Companies Profile
- 9.1 Total
- 9.1.1 Total Modified Bitumen Basic Information
- 9.1.2 Total Modified Bitumen Product Overview
- 9.1.3 Total Modified Bitumen Product Market Performance
- 9.1.4 Total Business Overview
- 9.1.5 Total Modified Bitumen SWOT Analysis
- 9.1.6 Total Recent Developments
- 9.2 Shell
- 9.2.1 Shell Modified Bitumen Basic Information
- 9.2.2 Shell Modified Bitumen Product Overview
- 9.2.3 Shell Modified Bitumen Product Market Performance
- 9.2.4 Shell Business Overview
- 9.2.5 Shell Modified Bitumen SWOT Analysis
- 9.2.6 Shell Recent Developments
- 9.3 SK
- 9.3.1 SK Modified Bitumen Basic Information
- 9.3.2 SK Modified Bitumen Product Overview
- 9.3.3 SK Modified Bitumen Product Market Performance
- 9.3.4 SK Business Overview
- 9.3.5 SK Modified Bitumen SWOT Analysis
- 9.3.6 SK Recent Developments
- 9.4 ExxonMobil
- 9.4.1 ExxonMobil Modified Bitumen Basic Information
- 9.4.2 ExxonMobil Modified Bitumen Product Overview
- 9.4.3 ExxonMobil Modified Bitumen Product Market Performance
- 9.4.4 ExxonMobil Business Overview
- 9.4.5 ExxonMobil Modified Bitumen SWOT Analysis
- 9.4.6 ExxonMobil Recent Developments
- 9.5 TIPCO ASPHALT
- 9.5.1 TIPCO ASPHALT Modified Bitumen Basic Information
- 9.5.2 TIPCO ASPHALT Modified Bitumen Product Overview
- 9.5.3 TIPCO ASPHALT Modified Bitumen Product Market Performance
- 9.5.4 TIPCO ASPHALT Business Overview
- 9.5.5 TIPCO ASPHALT Modified Bitumen SWOT Analysis
- 9.5.6 TIPCO ASPHALT Recent Developments
- 9.6 Colas
- 9.6.1 Colas Modified Bitumen Basic Information
- 9.6.2 Colas Modified Bitumen Product Overview
- 9.6.3 Colas Modified Bitumen Product Market Performance
- 9.6.4 Colas Business Overview
- 9.6.5 Colas Recent Developments
- 9.7 Nynas
- 9.7.1 Nynas Modified Bitumen Basic Information
- 9.7.2 Nynas Modified Bitumen Product Overview
- 9.7.3 Nynas Modified Bitumen Product Market Performance
- 9.7.4 Nynas Business Overview
- 9.7.5 Nynas Recent Developments
- 9.8 Gazprom Neft PJSC
- 9.8.1 Gazprom Neft PJSC Modified Bitumen Basic Information
- 9.8.2 Gazprom Neft PJSC Modified Bitumen Product Overview
- 9.8.3 Gazprom Neft PJSC Modified Bitumen Product Market Performance
- 9.8.4 Gazprom Neft PJSC Business Overview
- 9.8.5 Gazprom Neft PJSC Recent Developments
- 9.9 Lagan Asphalt Group
- 9.9.1 Lagan Asphalt Group Modified Bitumen Basic Information
- 9.9.2 Lagan Asphalt Group Modified Bitumen Product Overview
- 9.9.3 Lagan Asphalt Group Modified Bitumen Product Market Performance
- 9.9.4 Lagan Asphalt Group Business Overview
- 9.9.5 Lagan Asphalt Group Recent Developments
- 9.10 Baolirus
- 9.10.1 Baolirus Modified Bitumen Basic Information
- 9.10.2 Baolirus Modified Bitumen Product Overview
- 9.10.3 Baolirus Modified Bitumen Product Market Performance
- 9.10.4 Baolirus Business Overview
- 9.10.5 Baolirus Recent Developments
- 9.11 Guochuang Hi-tech
- 9.11.1 Guochuang Hi-tech Modified Bitumen Basic Information
- 9.11.2 Guochuang Hi-tech Modified Bitumen Product Overview
- 9.11.3 Guochuang Hi-tech Modified Bitumen Product Market Performance
- 9.11.4 Guochuang Hi-tech Business Overview
- 9.11.5 Guochuang Hi-tech Recent Developments
- 9.12 Xi'an Guolin Industry
- 9.12.1 Xi'an Guolin Industry Modified Bitumen Basic Information
- 9.12.2 Xi'an Guolin Industry Modified Bitumen Product Overview
- 9.12.3 Xi'an Guolin Industry Modified Bitumen Product Market Performance
- 9.12.4 Xi'an Guolin Industry Business Overview
- 9.12.5 Xi'an Guolin Industry Recent Developments
- 9.13 Nichireki
- 9.13.1 Nichireki Modified Bitumen Basic Information
- 9.13.2 Nichireki Modified Bitumen Product Overview
- 9.13.3 Nichireki Modified Bitumen Product Market Performance
- 9.13.4 Nichireki Business Overview
- 9.13.5 Nichireki Recent Developments
- 10 Modified Bitumen Market Forecast by Region
- 10.1 Global Modified Bitumen Market Size Forecast
- 10.2 Global Modified Bitumen Market Forecast by Region
- 10.2.1 North America Market Size Forecast by Country
- 10.2.2 Europe Modified Bitumen Market Size Forecast by Country
- 10.2.3 Asia Pacific Modified Bitumen Market Size Forecast by Region
- 10.2.4 South America Modified Bitumen Market Size Forecast by Country
- 10.2.5 Middle East and Africa Forecasted Consumption of Modified Bitumen by Country
- 11 Forecast Market by Type and by Application (2024-2029)
- 11.1 Global Modified Bitumen Market Forecast by Type (2024-2029)
- 11.1.1 Global Forecasted Sales of Modified Bitumen by Type (2024-2029)
- 11.1.2 Global Modified Bitumen Market Size Forecast by Type (2024-2029)
- 11.1.3 Global Forecasted Price of Modified Bitumen by Type (2024-2029)
- 11.2 Global Modified Bitumen Market Forecast by Application (2024-2029)
- 11.2.1 Global Modified Bitumen Sales (K MT) Forecast by Application
- 11.2.2 Global Modified Bitumen Market Size (M USD) Forecast by Application (2024-2029)
- 12 Conclusion and Key Findings
Research Assistance
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