Polymer Modified Bitumen Market Detail Analysis focusing on Key Players like Offshore Petrochem, AMT Techno, Ooms Avenhorn Holding, Tiki Tar Industries, The Richmond Group & More

Global Polymer Modified Bitumen Market report is made by executing a superb research process to gather key information of this global Polymer Modified Bitumen market. The analysis is dependent on just two segments, especially, chief research and extensive secondary research. The preliminary study contains a realistic Polymer Modified Bitumen market inspection and segmentation of the industry

Polymer modified bitumen market is majorly driven by the construction and infrastructural industry. The use of PMB in roofing and construction activities is increasing at a rapid pace due to its waterproofing and cohesive properties. Rise in the demand for housing and other infrastructural facilities due to increasing population in the developing countries, rising disposable income and purchasing power parity are the factors driving the PMB market as people are ready to spend more on new and developed housing and commercial spaces.

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This Report Focusing on Following Key Manufactures By Primary & Secondary Reserarch

Royal Dutch Shell, Maruti Group, IKA group, Lagan Asphalt Group Ltd., MBD Industries, Offshore Petrochem, AMT Techno, Ooms Avenhorn Holding, Tiki Tar Industries, The Richmond Group, Marini S.P.A., Gulf Petrochem, L N Petro Chem, Veekay Industries, RoadStar, Ratnamani Industries, Space Petro Energy, Allied Bitumen Complex, South Machinery, and Bitumat Company Limited.

The polymer modified bitumen market is segmented into emulsions, road construction, and roofing & piping on the basis of application. The emulsions segment is further classified into waterproofing and paving. Use of superior quality material for construction of houses and other infrastructural facilities is on a rise. Use of waterproofing solutions to prevent wetness and leakages of walls and ceilings is rising as new and improved construction material is available. These factors are propelling the PMB market demand.

Environmental awareness is pushing the use of green cement, eco-friendly construction materials and chemicals. Developing regions of the world have a great amount of construction activities and infrastructural development, which in turn, is propelling the regional polymer modified bitumen market. Developing economies such as China and India have huge construction activities owing to huge and rapidly increasing population which is demanding better and superior homes. These factors drive the PMB market on a large scale in the developing as well as the developed countries.

Volatility in raw material prices due to changing crude oil prices may hinder the polymer modified bitumen market growth in the coming years. Petroleum is the primary raw material used in the manufacture of polymers in polymer modified bitumen. Fluctuating crude oil resources around the world, large scale extraction and refining of oil and demand & supply ratio are some of the chief factors affecting the industry.

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North America polymer modified bitumen market accounts for a significant share owing to road construction and development activities. The region has a mature construction industry due to excellent infrastructural and housing facilities. Road construction and development activities in Europe will further augment the PMB market owing to extensive use of the product owing to its cohesive, elastic and adhesive properties.

PMB Market by Product

Thermoplastic elastomers
• SBS
• SBR
• SIS
• SEBS
• EPDT
• IIR
• Natural rubber
• Others

Thermoplastic polymers
• EVA
• EMA
• EBA
• APP
• PE
• PP
• Others

Thermosetting polymers
• Epoxy resin
• Polyurethane resin
• Acrylic resin
• Phenolic resin

PMB Market by Application

• Road construction
• Roofing & piping
• Emulsions
• Paving
• Waterproofing

The above information is provided on a regional and country basis for the following:

• North America (U.S., Canada, Mexico)
o Europe (Germany, Italy, UK, France, Austria, Spain, Portugal, Ukraine, Switzerland)
o Asia Pacific (Japan, China, India, South Korea, Australia)
o Latin America (Brazil, Mexico)
o MEA (South Africa, Saudi Arabia)

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