New York, Global Polymer Modified Bitumen Market report from Global Insight Services is the single authoritative source of intelligence on Polymer Modified Bitumen Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Polymer-modified bitumen (PMB) is a type of bitumen that has been treated with one or more polymers in order to improve its properties. The most common polymers used for this purpose are styrene-butadiene-styrene (SBS) and atactic polypropylene (APP).
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PMBs are generally more resistant to rutting and cracking than unmodified bitumens, and can therefore be used in a wider range of applications. They are commonly used for paving roads and highways, as well as for roofing and waterproofing.
Key Trends
There are two key trends in Polymer Modified Bitumen (PMB) technology:
1. The use of high-performance polymers to improve the performance of bitumen binders.
2. The development of new binders that are specifically designed for use in PMBs.
Key Drivers
The main drivers for the global polymer modified bitumen market are the growing demand from the road construction industry and the superior properties of PMB compared to conventional bitumen.
PMB is designed to improve the performance of bitumen in a number of ways, including resistance to fatigue, cracking, rutting, and thermal cracking. It can also improve the adhesion of bitumen to aggregates and improve the flexibility of bitumen at low temperatures.
The growing demand for PMB in road construction is attributed to the superior performance of PMB-based pavements compared to conventional bitumen pavements. PMB can improve the resistance of pavements to fatigue, cracking, rutting, and thermal cracking.
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Market Segments
By End-Use
- Road Construction
- Waterproofing
- Others
By Type
- Oxidized Bitumen
- Bitumen Emulsion
- Others
By Region
- North America
- US
- Canada
- Mexico
- Europe
- UK
- France
- Germany
- Spain
- Italy
- Rest of Europe
Key Players
The global polymer-modified bitumen market includes players such as Juno Bitumix Pvt. Ltd., Gazprom NEFT, Sika AG, Royal Dutch Shell PLC, Benzene International Pte Ltd., Lagan Asphalt Group, Exxon Mobil, Indian Oil Corporation Ltd., Hindustan Petroleum Corporation Ltd., Total SA, and others.
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