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The modified bitumen market is forecasted to grow by USD 2.91 billion during 2023-2028, accelerating at a CAGR of 4.36% during the forecast period. The report on the modified bitumen market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by global increase in road construction activities, superior properties of modified bitumen, and surge in real estate sector activities.
The modified bitumen market is segmented as below:
By End-user
- Road Construction
- Building Construction
- Others
By Application
- Hot Asphalt Method
- Cold Asphalt Method
- Torch Applied Method
By Geography
- APAC
- North America
- Europe
- Middle East and Africa
- South America
The report on the modified bitumen market covers the following areas:
- Modified bitumen market sizing
- Modified bitumen market forecast
- Modified bitumen market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global modified bitumen market: BASF SE, Breedon Group plc, Colas SA, Compagnie de Saint Gobain, Dow Chemical Co., Exxon Mobil Corp., Fosroc International Ltd., GAF Materials LLC, Holcim Ltd., Jiangsu Baoli International Investment Co. Ltd., Nynas AB, Polski Koncern Naftowy ORLEN SA, Repsol SA, Rosneft Oil Co., Shell plc, Sika AG, SK Innovation Co. Ltd., and SOPREMA SAS.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rising use of reclaimed modified bitumen products."
According to the report, one of the major drivers for this market is the global increase in road construction activities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BASF SE
- Breedon Group plc
- Colas SA
- Compagnie de Saint Gobain
- Dow Chemical Co.
- Exxon Mobil Corp.
- Fosroc International Ltd.
- GAF Materials LLC
- Holcim Ltd.
- Jiangsu Baoli International Investment Co. Ltd.
- Nynas AB
- Polski Koncern Naftowy ORLEN SA
- Repsol SA
- Rosneft Oil Co.
- Shell plc
- Sika AG
- SK Innovation Co. Ltd.
- SOPREMA SAS