Press release
Modified Bitumen Market 2021 Precise Outlook - Shell, SK, ExxonMobil, TIPCO ASPHALT, Colas, Nynas
The Modified Bitumen Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. This helps to understand about the crucial opportunities as well as threats that can impact market globally as world economy has great impact due to COVID 19.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 US$ 11210 million by 2026.
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Top Leading Companies of Global Modified Bitumen Market are Total, Shell, SK, ExxonMobil, TIPCO ASPHALT, Colas, Nynas, Gazprom Neft PJSC, Lagan Asphalt Group, Baolirus, Guochuang Hi-tech, Xi'an Guolin Industry, Nichireki and others.
Key Market Trends:
Hot Asphalt Method to Dominate the Market
Hot Asphalt Method dominated the market with a share of more than 45% followed by Cold Asphalt method.
Asphalt cement is heated aggregate, combined, and mixed with the aggregate at an HMA facility. The resulting Hot Mix Asphalt is loaded into trucks for transport to the paving site.
The trucks dump the Hot Mix Asphalt into hoppers located at the front of paving machines. The asphalt is placed, and then compressed using a heavy roller, which is driven over the bitumen. Traffic is generally allowed on the roadway as soon as the pavement has cooled.
Hot-Mix Asphalt type is classified into three types: Dense grade mix, Stone matrix asphalt, Open graded mixes.
Dense grade mix is the most common type of mix used. It can provide impressive impermeability, which allows water to run away from the surface. The name originates from the size of the aggregate used n the mixture. It can further be divided into fine grade and coarse grade. This type of asphalt is ideal for all type of traffic conditions.
Thus rising road repair activities in various parts of the world is adding the demand for the hot asphalt method.
Global Modified Bitumen Market Type analysis:
SBS Modified Bitumen
Plastomer Modified Bitumen
Crumb Rubber Modified Bitumen
Others
Global Modified Bitumen Market Application analysis:
Road Construction & Paving
Roofing
Others
The report assesses the strengths and weaknesses of competitors using competitive analysis tools. In the report, it also provides comprehensive production and shipment analysis from point of origin to end user purchase. Furthermore, latest industry developments have been included to help users stay ahead of their competitors. Apart from the production share of regional markets analyzed in the report, readers are informed about gross margin, price, revenue, and production growth rate of Modified Bitumen market.
Browse Full Report Copy for TOC:
https://marketinsightsreports.com/reports/03252751449/global-modified-bitumen-market-growth-2021-2026?Mode=11
The analysts explore critical influence factors, market drivers, challenges, risk factors, opportunities, and market trends of Modified Bitumen market to give holistic view on Modified Bitumen Market.
Following are major Table of Content of Modified Bitumen Market:
-An overall analysis of industry trends.
-Global Modified Bitumen market overview.
-Major commercial developments in the Modified Bitumen industry.
-Detailed information about drivers, opportunities, and restraints of the Modified Bitumen market
-Positioning of major market participants in the Modified Bitumen industry.
-Competitive Landscape and analysis regarding Modified Bitumen market and key product segments of a market.
-Modified Bitumen market revenue and forecast analysis, by type, application, end-user and geography.
-Key market trends and future growth prospects of the Modified Bitumen market.
We Offer Customization On Report Based On Specific Client Requirement:
– Country Level analysis for any 5 countries of your choice.
– Competitive analysis of any 5 key market players.
– 40 analyst hours to cover any other data point.
Related Reports:
Global SBS Modified Bitumen Membrane Market Growth 2021-2026
https://marketinsightsreports.com/reports/05202912898/global-sbs-modified-bitumen-membrane-market-growth-2021-2026?Mode=11
Global Crumb Rubber Modified Bitumen Sales Market Report 2021
https://marketinsightsreports.com/reports/05182891924/global-crumb-rubber-modified-bitumen-sales-market-report-2021?Mode=11
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Irfan Tamboli (Head of Sales): Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
ABOUT US:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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