Polymer Modified Bitumen Market to Grow Massively by 2020-2025 with Top Players Royal Dutch Shell, Maruti Group, IKA Group, Gulf Petrochem, Ratnamani Industries, Roadstar, AMT Techno

Global Polymer Modified Bitumen market would thus note a steady growth over the forecast period of 2020 - 2025. The robust CAGR (Compound Annual Rate Growth) will chart an upward growth curve and create lucrative growth opportunities in the global Polymer Modified Bitumen market. In, turn, this will lead to improvement in market worth.

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Global Polymer Modified Bitumen Market: Notable Development
Global Polymer Modified Bitumen market is set to witness growth and a number of notable developments are paving the way for the same. The competitive landscape is also duly impacted by these developments. A deep dive can be had a published report by Adroit Market Research.

The global Polymer Modified Bitumen market is highly consolidated. And, key players in the global Polymer Modified Bitumen market are Royal Dutch Shell, Maruti Group, IKA Group, Gulf Petrochem, Ratnamani Industries, Roadstar, AMT Techno, The Richmond Group, LN Petrochem, Veekay Industries, Tiki Tar Industries, MBD Industries002E.

Global Polymer Modified Bitumen Market: Key trends and driver
Polymer-modified bitumen (PMB) has been used in the field of road systems for reducing road decay such as routing, cracking and sweating. These polymer-modified bitumen decrease fatigue crack strength and enhance it. Modified petroleum products can provide real benefits for road and construction, better and longer roads and the full price of road life.

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Global Polymer Modified Bitumen Market: Regional Analysis
The global polymer modified bitumen market is likely to be driven by significant product consumption in Asia Pacific, Europe, and North America, during the forecast period. Asia Pacific constituted the largest revenue share of 33.5% in 2018 followed by North America respectively. The rise in construction activities in key Asia Pacific countries such as China, India, and ASEAN is expected to boost the consumption of construction materials such as concrete and bitumen over the forecast period.

Key segments of the global polymer modified bitumen market
Type Overview:
o Thermoplastic Elastomers
o Plastomers

Application Overview:
o Road Construction
o Roofing
o Others

Regional Overview:
o North America
o U.S.
o Canada
o Europe
o Germany
o UK
o Italy
o France
o Rest of Europe
o Asia Pacific
o China
o Japan
o India
o Central & South America
o Brazil
o Mexico
o Rest of Latin America
o Middle East & Africa
o GCC
o South Africa
o Rest of Middle East & Africa

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