Global Polymer Modified Asphalt Supply, Demand and Key Producers, 2023-2029

Global Polymer Modified Asphalt Supply, Demand and Key Producers, 2023-2029

The global Polymer Modified Asphalt market size is expected to reach $ million by 2029, rising at a market growth of % CAGR during the forecast period (2023-2029).

In Europe and Asia, 5 largest manufacturers of Polymer Modified Asphalt are Total Bitumen, Nynas, Gazprom Neft PJSC, Shell and ExxonMobil, which make up over 10%. Among them, Total Bitumen is the leader with about 24% market share. In terms of product type, SBS Modified Asphalt occupies the largest share of the total market, about 62%. And in terms of product Application, the largest application is Road Construction & Paving, followed by Roofing.

Polymer Modified Asphalt 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.

This report studies the global Polymer Modified Asphalt production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Polymer Modified Asphalt, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Polymer Modified Asphalt that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Polymer Modified Asphalt total production and demand, 2018-2029, (K MT)

Global Polymer Modified Asphalt total production value, 2018-2029, (USD Million)

Global Polymer Modified Asphalt production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (K MT)

Global Polymer Modified Asphalt consumption by region & country, CAGR, 2018-2029 & (K MT)

U.S. VS China: Polymer Modified Asphalt domestic production, consumption, key domestic manufacturers and share

Global Polymer Modified Asphalt production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (K MT)

Global Polymer Modified Asphalt production by Type, production, value, CAGR, 2018-2029, (USD Million) & (K MT)

Global Polymer Modified Asphalt production by Application production, value, CAGR, 2018-2029, (USD Million) & (K MT).

This reports profiles key players in the global Polymer Modified Asphalt market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Total Bitumen, Shell, SK energy, ExxonMobil, TIPCO ASPHALT, Colas, Nynas, Gazprom Neft PJSC and Breedon, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Polymer Modified Asphalt market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K MT) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Polymer Modified Asphalt Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Polymer Modified Asphalt Market, Segmentation by Type
SBS Modified Asphalt
Plastomer Modified Asphalt
Crumb Rubber Modified Asphalt
Others

Global Polymer Modified Asphalt Market, Segmentation by Application
Road Construction & Paving
Roofing
Others

Companies Profiled:
Total Bitumen
Shell
SK energy
ExxonMobil
TIPCO ASPHALT
Colas
Nynas
Gazprom Neft PJSC
Breedon
Baolirus
Husky Energy
Associated Asphalt
Wright Asphalt Products
Guochuang Hi-tech
Nichireki

Key Questions Answered

1. How big is the global Polymer Modified Asphalt market?

2. What is the demand of the global Polymer Modified Asphalt market?

3. What is the year over year growth of the global Polymer Modified Asphalt market?

4. What is the production and production value of the global Polymer Modified Asphalt market?

5. Who are the key producers in the global Polymer Modified Asphalt market?

6. What are the growth factors driving the market demand?