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Polymer Modified Bitumen Market 2018 Top Key Players - Tiki Tar Industries, Ooms Avenhorn Holding India Pvt Ltd., AMT Techno, Offshore Petrochem Pvt Ltd., MBD Industries, Maruti Group

Polymer Modified Bitumen (PMB) Market

Polymer Modified Bitumen (PMB) Market

Polymer modified bitumen market is growing exponentially subject to the shifting focus of the infrastructural developers toward the adoption of PMB material to enhance the performance properties of road and pavement constructions. Superior binding capability and excellent cohesive characteristic of the material make it applicable for residential and commercial construction applications, which, in turn, will stimulate polymer modified bitumen industry size.

Increasing per capita income and rising spending capability is also certain to propel the product demand over the years ahead. As per the report by Global Market Insights, Inc., “Worldwide Polymer Modified Bitumen (PMB) Market having had a revenue of USD 9.5 billion in 2016, is slated to witness an annual growth rate of above 4% over the coming seven years.”

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Increasing population is also a favoring factor toward the infrastructural developments. India and China are the major countries witnessing a rapid growth in population as well as GDP. This is bound to fuel the housing demand on large scale, which will stimulate polymer modified bitumen market share over the years ahead.

To provide luxurious facilities to civilians, the governments across APAC have been investing heavily in new infrastructural development projects such as road construction, which will also favor polymer modified bitumen industry growth.

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Polymer modified bitumen industry share from road construction is likely to contribute considerably toward the overall market growth pertaining to the growing road construction activities mainly across North America and developing countries such as India and China. Emerging trends in the automotive sector such as autonomous cars will propel the product demand, as such cars require high-grade roads.
PMB material helps to reduce deformation and cracks caused by gradual pressure applied on land, which supports the adoption of this product for road construction developments. The industry biggies across European countries are focusing on the commercialization of PMB material, which will also augment PMB industry size over the coming timeframe.

Browse key industry insights spread across 200 pages with 387 market data tables & 15 figures & charts from the report, “Polymer Modified Bitumen (PMB) Market Size By Product (Thermoplastic Elastomers [SBS, SBR, SIS, SEBS, EPDT, IIR, Natural Rubber], Thermoplastic Polymers [EVA, EMA, EBA, APP, PE, PP], Thermosetting Polymers [Epoxy Resin, Polyurethane Resin, Acrylic Resin, Phenolic Resin]), Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/polymer-modified-bitumen-PMB-market

Chapter 5. Polymer Modified Bitumen (PMB) Market, By Application
5.1. Global polymer modified bitumen (PMB) market share by application, 2016 & 2024
5.2. Road construction
5.2.1. Market estimates and forecasts, 2013 - 2024
5.2.2. Market estimates and forecasts by region, 2013 – 2024
5.3. Roofing and piping
5.3.1. Market estimates and forecasts, 2013 - 2024
5.3.2. Market estimates and forecasts by region, 2013 – 2024
5.4. Emulsions
5.4.1. Market estimates and forecasts, 2013 - 2024
5.4.2. Market estimates and forecasts by region, 2013 – 2024
5.4.3. Paving
5.4.3.1. Market estimates and forecasts, 2013 - 2024
5.4.3.2. Market estimates and forecasts by region, 2013 – 2024
5.4.4. Waterproofing
5.4.4.1. Market estimates and forecasts, 2013 - 2024
5.4.4.2. Market estimates and forecasts by region, 2013 – 2024
5.5. Others
5.5.1. Market estimates and forecasts, 2013 - 2024
5.5.2. Market estimates and forecasts by region, 2013 – 2024
Browse Full TOC @ https://www.gminsights.com/toc/detail/polymer-modified-bitumen-PMB-market

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: http://algosonline.com/news

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