Press release
Modified Bitumen Market To Witness the Highest Growth Globally in Coming Years 2021-2026
The Modified Bitumen Market Perspective, Comprehensive Analysis along with Major Segments and Forecast, 2021-2026. The Modified Bitumen market report is a valuable source of data for business strategists. The process for developing an updated forecast and creating the market report involves the compilation and analysis of all derivative or application sectors with a country-wise analysis of demand trends, taking into account the economic, political, and legislative environment. The report explores the current outlook in global and key regions from the perspective of players, countries, product types, and end industries. This Modified Bitumen Market study provides comprehensive data that enhances the understanding, scope, and application of this report.Top Companies in the Global Modified Bitumen Market
Total, Baolirus, Shell, ExxonMobil, TIPCO ASPHALT, SK, Gazprom Neft PJSC, Colas, Lagan Asphalt Group, Nynas, Guochuang Hi-tech, Nichireki, Xi'an Guolin Industry, among others.
According to this study, over the next five years, the Modified Bitumen market will register a 3.1%% CAGR in terms of revenue, the global market size will reach $ 10870 million by 2025, from $ 9612.1 million in 2019.
Market Overview
Modified Bitumen has high elasticity and thermal stability. An asphalt concrete surface based on Modified Bitumen is highly resistant to the formation of ruts, withstands high traffic loads, and is crack-resistant at low temperatures. There are three main components in Modified Bitumen production. Firstly, conventional asphalt is used as a base. Secondly, there is a plasticizer that gives the bitumen plasticity and improves the dilution of the polymer. And the third component is the polymer itself. The process used to produce Modified Bitumen involves mixing these three components using a specific production process.
How did we arrive at the report? What did we track to arrive at the numbers? Which companies have we taken into account? Which regions have we covered in our report? Can we customize it to meet your needs? For answers to all these questions, please ask for a sample by submitting your inquiry on the link:
https://www.marketinsightsreports.com/reports/10012322953/global-modified-bitumen-market-growth-2020-2025/inquiry?Source=openpr&Mode=46
Market Insights
The Total was the global greatest manufacturer in the Modified Bitumen industry, accounted for 11% revenue share in the global market, followed by Shell, SK, ExxonMobil, TIPCO ASPHALT, Colas, Nynas, Gazprom Neft PJSC, Lagan Asphalt Group, Baolirus, Guochuang Hi-tech, Xi'an Guolin Industry, Nichireki. The top 5 companies had a combined revenue share of about 60% of the global total. Asia Pacific was the world's largest consumption and production area in 2018.
The Modified Bitumen market can be divided based on product types and It’s sub-type, major applications and Third-Party usage area, and important regions
This report segments the global Modified Bitumen Market based on Types are:
SBS Modified Bitumen
Plastomer Modified Bitumen
Crumb Rubber Modified Bitumen
Others
Based on Application, the Global Modified Bitumen Market is Segmented into:
Road Construction & Paving
Roofing
Others
The report has 150 tables and figures browse the report description and TOC
https://www.marketinsightsreports.com/reports/10012322953/global-modified-bitumen-market-growth-2020-2025?Source=openpr&Mode=46
Regions Are covered By Modified Bitumen Market Report 2021 To 2026.
North America, Europe, China, Japan, Southeast Asia, India.
North America (USA, Canada, and Mexico).
Europe (Germany, France, UK, Russia, and Italy).
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia).
The report covers the following topics:
Modified Bitumen Market data in term of volume and value for each end-use at regional and country level
Modified Bitumen Market analysis for production capacity, demand, at regional and country level
Business opportunity assessment
Macro-economic factors like GDP, population, and world economic integration
Strategic issues and recommendations
Supplier profiles
Market analysis and forecasts from 2020 till 2026
Table Of Contents:
Chapter One: Introduction of Modified Bitumen Industry
Chapter Two: Manufacturing Technology of Product
Chapter Three: Analysis of Global Key Manufacturers
Chapter Four: 2015-2020 Global Market of Modified Bitumen
Chapter Five: Market Status of Industry
Chapter Six: 2020-2025 Market Forecast of Global Modified Bitumen Industry
Chapter Seven: Analysis of Modified Bitumen Industry Chain
Chapter Eight: Global Economic Impact on Market
Chapter Nine: Market Dynamics of Industry
Chapter Ten: Proposals for New Project
Chapter Eleven: Research Conclusions of Global Modified Bitumen Market
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or 3 countries or nearly 40 analyst hours.
Note:
All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check with the sales team.
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