The report "Modified Bitumen Market by Modifier Type (SBS, APP, Crumb Rubber, Natural Rubber), Application Method (Hot Asphalt, Cold Asphalt, Torch-Applied), End-Use Industry (Road Construction, Building Construction), and Region - Global Forecast to 2021", published by MarketsandMarkets, the global market was valued at USD 13.22 Billion in 2015 and is projected to reach USD 19.29 Billion by 2021, at a CAGR of 6.5% from 2016 to 2021.
Browse 114 market data Tables and 61 Figures spread through 211 Pages and in-depth TOC on "Modified Bitumen Market"
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The use of modified bitumen has increased in road and building construction in Asia-Pacific and the Middle East & Africa regions, owing to the growing awareness about the benefits of modified bitumen such as low maintenance cost and efficiency.
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SBS is estimated to be the largest modifier type segment of the market in terms of volume and value
The Styrene-Butadiene-Styrene (SBS) segment is estimated to be the largest segment of the Modified Bitumen Market, by modifier type, in terms of value and volume. SBS is a premier modifier used for road construction in places with heavy traffic to reduce low temperature thermal stress cracking, abrasion, deformation, flushing, and to provide high tensile strength. SBS modified bitumen and Atactic Polypropylene (APP) modified bitumen is commonly applied via hot asphalt method.
Road Construction projected to growth at the highest growth rate during the forecast period
Modified bitumen has been widely used in the road construction, where high material performance is required. Modified bitumen are used for road construction which includes tunnel liners, bridges & flyovers, highways, and airport runways.
Modified Bitumen market in Asia-Pacific is projected to grow at the highest CAGR during the forecast period
Asia-Pacific is the largest market for modified bitumen, in terms of volume, followed by Europe and North America. China, U.S., Germany, Canada and Mexico are the largest consumers of modified bitumen. End-use industries, such as road and building construction represent the bulk of the demand for modified bitumen in the Asia-Pacific region. Rising awareness about the benefits of modified bitumen has increased the importance as well as demand of modified bitumen in Asia-Pacific countries, such as China, Japan, and India.
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Key players in the modified bitumen market
The key players in the global modified bitumen market include Sika AG (Switzerland), Nynas AB (Sweden), Total S.A. (France), Royal Dutch Shell Plc (Netherlands), and Colas S.A. (France).
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Arising in the 1960s in Europe, modified bitumen roofing became a hit in the commercial sector.
Commercial roofing is incomplete without mentioning this roof type.
This roofing has membranes that are installed as a multi-ply system, meaning two or more layers are added.
Catch the whole information about it at AKVM Roofing Company.
The research report includes specific segments by region (country), by company, by Type and by Application.
This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2026.
Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Download FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/64515/global-polymer-modified-bitumen-emulsion-2021-249Segment 4, the Polymer Modified Bitumen Emulsion market is segmented into:SBS Modified BitumenPlastomer Modified BitumenCrumb Rubber Modified BitumenOthersSegment by Application:Segment 3Road Construction & PavingRoofingOthersGlobal Polymer Modified Bitumen Emulsion Market: Regional AnalysisThe Polymer Modified Bitumen Emulsion market is analysed and market size information is provided by regions (countries).
The report includes country-wise and region-wise market size for the period 2015-2026.
It also includes market size and forecast 4 and 3 segment in terms of sales and revenue for the period 2015-2026.The key regions covered in the Polymer Modified Bitumen Emulsion market report are:North AmericaUnited StatesCanadaEuropeGermanyFranceUKItalyRussiaAsia-PacificChinaJapanSouth KoreaIndiaAustraliaIndonesiaThailandMalaysiaPhilippinesVietnamLatin AmericaBrazilMiddle East & AfricaTurkeyGCC CountriesEgyptSouth AfricaGlobal Polymer Modified Bitumen Emulsion Market: Competitive AnalysisThis section of the report identifies various key manufacturers of the market.
The Global Polymer Modified Bitumen Market research report offers accurate insights for the growth prospects of the Polymer Modified Bitumen market in the forecast years 2020-2027.
The report is an all-inclusive study of the Polymer Modified Bitumen market that offers the readers a better view of the current and emerging market trends through a thorough analysis of the market size, growth trends, supply and demand ratio, market share, sales network and distribution channels, and other key elements.Furthermore, the report is furnished with the current market scenario with regards to the COVID-19 pandemic.
The global public health emergency has disrupted the lives of everyone across the globe.
It has also had a substantial impact on the Polymer Modified Bitumen industry as global supply chains have been disrupted, and the financial scenario is tight.
The report assesses the initial and future impact of the pandemic on the market and its key segments to offer an accurate futuristic outlook for remuneration in a post-COVID-19 scenario.Get a sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/224Scope of the Market Report:The report offers a holistic overview of the Polymer Modified Bitumen industry that offers all the essential information.
The report is formulated by extensive primary and secondary research and backed by the verified data from industry experts and professionals.
The statistical surveying report on the global Polymer Modified Bitumen Market has been presented by using professional or expert knowledge through standard and modified research approaches and forecasts.
The yearly forecast and predication for the years 2020 to 2025 have been enclosed by the report along with comprehensive analysis for all market segments and regions.
The statistical data derived from authentic resources and assisted by industry experts.
It likewise assesses the market by evaluating market elements, including drivers, restraints, opportunities, threats, challenges, growth prospects, and other market elements.
The global polymer modified bitumen market report presents a complete research-based study of the industry including details such as company shares, forecast data, in-depth analysis and an outlook of the market on a worldwide platform.
Get FREE Sample Report Copy @ https://www.decisiondatabases.com/contact/download-sample-43282 According to this study, over the next five years, the Polymer Modified Bitumen market will register a 3.3% CAGR in terms of revenue, the global market size will reach $ 10230 million by 2025, from $ 8980.7 million in 2019.
