Modified Bitumen Market SWOT Prophesy 2025
Modified bitumen is chemically designed to provide optimum properties that they can offer. One of the more commonly desired properties in modified bitumen is high resistance to permanent deformation, especially in the case of mixtures of asphalt that is being used to create roads in locations that are harsh or hold a high traffic flow. The use of modifying binders in conventional bitumen allows it to be resistant to other factors such as cracking, rutting, ageing, stripping, and thermal fissures. The overall purpose of manufacturing modified bitumen is a combination of multiple advantages, including the improvement of elasticity of the bitumen, the increase in its average life span, the reduction in maintenance rates and costs, to improve drainage properties in some cases, and to impart greater flexibility. The current construction and industrial growth rates across the world are not only creating a greater demand for modified bitumen, but are also generating the scope of using modified bitumen in new areas. One such field is the use of asphalt roofing but from the perspective of green building projects. This fact has been solidified recently with the environmental product declarations released by the ARMA, regarding asphalt roofing. The guidelines released by ARMA are expected to enhance the abilities of modified bitumen manufacturers and users when it comes to constructing asphalt roofing membranes.
Request Sample Copy of the Report @
Global Modified Bitumen Market: Overview
Bitumen, one of the oldest engineering materials known to the mankind, has been used for over a thousand years in ways such as pavement binder sealant, adhesive, and waterproofing agent. Used in ancient times in its natural form, refined bitumen has more recently found a continuous rise in usage, especially in the construction of roads. Refined bitumen can be used in its unblended form when derived from a good crude oil sources and with the use of a proper refinery process.
However, there are limited oil resources capable of producing such high-quality bitumen. Furthermore, there is immense need for enhanced properties such as higher resistance cracking at low temperatures, longer fatigue life, and better resistance to moisture for bitumen to be used across applications that are bound to undergo severe mechanical distresses. These conditions make bitumen modification more of an economic and qualitative necessity.
This report on the global modified bitumen market presents a thorough overview of the market’s present growth dynamics and several projections and estimates regarding the growth prospects of the market from 2017 to 2025 in terms of revenue (US$ mn/bn). The report presents an analytical overview of the notable factors expected to have a significant impact on the overall development of the market over the said period. As such, the report includes an analysis of drivers, challenges, trends, opportunities, regulatory liabilities, and competitive landscape.
Global Modified Bitumen Market: Trends and Opportunities
The vast rise in demand for bitumen for road construction and roofing applications has driven the global modified bitumen market in the past few years. In the next few years as well, demand across these sectors will lead to sustainable returns for the market and drive vast developments in terms of product blends available for use. Over the report’s forecast period, more focus is expected to be put by companies on functional development and enhancement of long-term performance, adhesion with aggregates, and recyclability of most varieties of modified bitumen.
Request TOC of the Report @
Global Modified Bitumen Market: Segmentation
Some of the most popular thermoplastic elastomers and plastomers used for bitumen modification are styrene-butadiene-styrene (SBS), ethylene-butyl acrylate (EBA), polypropylene (PP), styrene-isoprenestyrene (SIS), atactic polypropylene (APP), ethylene-vinyl acetate (EVA), natural rubber, and crumb rubber. Of these, the market for SBS is presently the largest, in terms of both volume and value. The unique properties imparted by SBS to bitumen make it useful across a vast range of industries.
The key end-use sectors utilizing modified bitumen include building construction, road construction, and waterproofing. Of these, the road construction sector is presently the leading contributor to the revenue of the global modified bitumen market. It has been estimated that the over 100 mn tonnes of bitumen used every year across the globe, over 80% is used for constructing a variety of pavements. The trend is expected to remain strong over the near future as well.
Global Modified Bitumen Market: Geographical and Competitive Dynamics
The report examines the modified bitumen market for regions such as North America, Europe, Asia Pacific, and Middle East and Africa. Of these, developing economies across Asia Pacific and Africa are the leading consumers of modified bitumen, much of which is used for the construction of roads. The vast rise in focus and investments aimed at the development of transport infrastructures across developing economies have majorly contributed to the high demand for modified bitumen across these regions in the past.
Read Comprehensive Overview of Report @
The study includes a thorough competitive outlook of the market, indicating profiles and market share of some of the market’s prominent vendors. Some of the market’s leading players profiled in the report are Nynas AB, Sika AG, Royal Dutch Shell Plc., and Total S.A. These vendors have been profiled on the basis of criteria such as company overview, recent developments, product portfolio, SWOT analysis, business strategies, and finances.
About TMR Research
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.
Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.
3739 Balboa St # 1097,
San Francisco, CA 94121
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Modified Bitumen Market SWOT Prophesy 2025 here
News-ID: 1038006 • Views: 286
More Releases from TMR Research
Covid 19 Impact On, Narcolepsy Drugs Market 2018 Growth, Demands, CAGR, Sales Vo …
Global Narcolepsy Drugs Market: Overview The narcolepsy drug pipeline has been dotted with medications that can target several symptoms of neurological sleep disorder. These symptoms are characterized notably under narcolepsy type 1 and narcolepsy type 2. An array of psychostimulants have gained favor among clinicians as third-line therapy. The global narcolepsy market has made strides driven by advances adjunctive behavioral techniques. To know Untapped Opportunities in the Market https://www.tmrresearch.com/sample/sample?flag=B&rep_id=6068 Moreover, constant development
E-prescribing Marke by 2018-2028 Profiling key players: eClinicalWorks, HealthFu …
Global E-prescribing Market: Overview The market is driven by the need for an error-free prescription process and constant government efforts towards quality and the affordable healthcare system. As per World Health Organization (WHO) member states report 2019, there is less than one doctor for per thousand populace. The uneven proportion of patient-specialist further increases the need for accurate E-prescribing arrangements. Medical prescriptions are the written directions by which doctors recommend and
Surgical Instruments Tracking Systems Market 2018 | Industry Overview, Competiti …
Surgical Instruments Tracking Systems Market: Snapshot The global surgical instruments tracking devices market is likely to be driven by the rising need for implementation of Unique Device Identification regulations by the FDA and inventory management. In addition, technological advancements coupled with increased government initiatives are likely to offer ample growth opportunities for the global surgical instruments tracking devices market. Get Exclusive PDF Sample Copy Of This Report: https://www.tmrresearch.com/sample/sample?flag=B&rep_id=5760 A few of the surgical
Urgent Care Apps Market 2028 Analysis & Technological Innovation by Leading Key …
Urgent Care Apps Market – Introduction The advent of m-Health or mobile health has transformed the accessibility of patient care. While m-Health operates through mobile devices such as mobile phones and other smart communication devices for healthcare information delivery, development of mobile apps has almost brought the hospital to patient rather than the conventional care-approach flow from the patient to the hospital. These factors are likely to influence urgent care apps
More Releases for Modified
Genetically Modified Organisms Market
Any organism whose genetic material has been modified using genetic engineering technique in laboratory is referred as genetically modified organism (GMO). Genetic modification of genetic material is practiced for production of specific biological product or for expression of specific physiological traits in an organism. Genetically modified organisms are produced using reproductive cloning and recombinant deoxyribonucleic acid (DNA) technology. Transfer of entire donor nucleus into enucleated cytoplasm of host egg result
Modified Bitumen Market Higher Profit Flabbergast 2025
Global Modified Bitumen Market : Snapshot Modified bitumen is chemically designed to provide optimum properties that they can offer. One of the more commonly desired properties in modified bitumen is high resistance to permanent deformation, especially in the case of mixtures of asphalt that is being used to create roads in locations that are harsh or hold a high traffic flow. The use of modifying binders in conventional bitumen allows it
Genetically Modified Foods: Technologies and Global Markets
"The Latest Research Report Genetically Modified Foods: Technologies and Global Markets Report provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz" The global production of genetically modified field and specialty crops will grow from nearly 108.0 million tons in 2015 to 121.6 million tons by 2020 with a compound annual growth rate (CAGR) of 2.4% for the period of 2015-2020. GM field crops are
Active and Modified Atmosphere Packaging Market
According to the latest market report published by Persistence Market Research titled ‘Active and Modified Atmosphere Packaging Market: Global Industry Analysis and Forecast 2016-2024’, globally the revenue generated from sales of active and modified atmosphere packaging has been estimated to be valued over 17.0 Bn in 2016 end and is projected to increase at a CAGR of over 5% during the forecast period (2016-2024). Request Sample: https://www.persistencemarketresearch.com/samples/11470 Using active and modified atmosphere
Modified Bitumen Market 2017 By Top Manufacturers
Here comes the New Version of Modified Bitumen Market Research Report is a core market research report in this current market. This report majorly discuss the global and regional market, major manufacturers and segment market details various classifications and mode of applications. Do u Want Sample of report then visit at: https://www.1marketresearch.com/sample/?flag=rs&rep_id=3264&sku=1835 Here is Top Manufacturers which covers in this report: Sika AG Nynas AB Total S.A. Royal Dutch Shell PLC Colas S.A. Hindustan Colas Private Limited Soprema Group The DOW
Genetically Modified Organisms Market Size ,2015 – 2020
Genetic engineering is the science for cloning or manipulating DNAs or genes to create new characteristic in organism or produce protein or hormone. Genetic engineering is mostly used for generating recombinant DNA and is done by inserting desired trait gene or by deletion or mutating gene in cell or virus known as vector. Genetically engineered plants, animals or microbes are called as genetically modified organisms. Get a copy of free Sample