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Polymer Modified Bitumen Market by End-user and Geography - Forecast and Analysis 2022-2026

  • Published: Oct 2021
  • Pages: 120
  • SKU: IRTNTR71306
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The polymer modified bitumen market share should rise by USD 2.73 billion from 2022 to 2026 at a CAGR of 4.23%.

This polymer modified bitumen market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by end-user (road construction, roofing, and others) and geography (APAC, North America, Europe, South America, and MEA). The polymer modified bitumen market report also offers information on several market vendors, including AMT Techno, Benzene International Pte Ltd., Breedon Group plc, Indian Oil Corp. Ltd., Nynas AB, Ooms International BV, PJSC Gazprom Neft, Royal Dutch Shell Plc, Sika AG, and Tiki Tar Industries among others.

What will the Polymer Modified Bitumen Market Size be in 2022?

To Unlock the Polymer Modified Bitumen Market Size for 2022 and Other Important Statistics, Download the Free Report Sample!

Polymer Modified Bitumen Market: Key Drivers and Trends

The global increase in road construction activities is notably driving the polymer modified bitumen market growth, although factors such as volatility in raw material prices may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the polymer modified bitumen industry. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.

This polymer modified bitumen market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major Polymer Modified Bitumen Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • AMT Techno
  • Benzene International Pte Ltd.
  • Breedon Group plc
  • Indian Oil Corp. Ltd.
  • Nynas AB
  • Ooms International BV
  • PJSC Gazprom Neft
  • Royal Dutch Shell Plc
  • Sika AG
  • Tiki Tar Industries

 

The vendor landscape of the polymer modified bitumen market entails successful business strategies deployed by the vendors. The polymer modified bitumen market is concentrated and the vendors are deploying various organic and inorganic growth strategies to compete in the market. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the polymer modified bitumen market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Polymer Modified Bitumen Market?

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35% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for polymer modified bitumen market in APAC. 

The report offers an up-to-date analysis of the geographical composition of the market. APAC has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. Superior properties of polymer modified bitumen will facilitate the polymer modified bitumen market growth in APAC over the forecast period. The report offers an up-to-date analysis of the geographical composition of the market, competitive intelligence, and regional opportunities in store for vendors.

What are the Revenue-generating End-user Segments in the Polymer Modified Bitumen Market?

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The polymer modified bitumen market share growth by the road construction segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2022-2026 and embrace technologies to improve business efficiency.

This report provides an accurate prediction of the contribution of all the segments to the growth of the polymer modified bitumen market size. Furthermore, our analysts have indicated actionable market insights on post COVID-19 impact on each segment, which is crucial to predict change in consumer demand.

Polymer Modified Bitumen Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 4.23%

Market growth 2022-2026

$ 2.73 billion

Market structure

Concentrated

YoY growth (%)

3.75

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 35%

Key consumer countries

China, US, Russian Federation, Canada, and India

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Companies profiled

AMT Techno, Benzene International Pte Ltd., Breedon Group plc, Indian Oil Corp. Ltd., Nynas AB, Ooms International BV, PJSC Gazprom Neft, Royal Dutch Shell Plc, Sika AG, and Tiki Tar Industries

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Factors Covered in this Polymer Modified Bitumen Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive polymer modified bitumen market growth during the next five years
  • Precise estimation of the polymer modified bitumen market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the polymer modified bitumen market across APAC, North America, Europe, South America, and MEA 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of polymer modified bitumen market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2021
    • Market outlook: Forecast for 2021 - 2026

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by End-user

    • Market segments
    • Comparison by End-user
    • Road construction - Market size and forecast 2021-2026
    • Roofing - Market size and forecast 2021-2026
    • Others - Market size and forecast 2021-2026
    • Market opportunity by End-user

    Customer landscape

    • Customer landscape

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • APAC - Market size and forecast 2021-2026
    • North America - Market size and forecast 2021-2026
    • Europe - Market size and forecast 2021-2026
    • South America - Market size and forecast 2021-2026
    • MEA - Market size and forecast 2021-2026
    • Key leading countries
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Vendor landscape
    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • AMT Techno
    • Benzene International Pte Ltd.
    • Breedon Group plc
    • Indian Oil Corp. Ltd.
    • Nynas AB
    • Ooms International BV
    • PJSC Gazprom Neft
    • Royal Dutch Shell Plc
    • Sika AG
    • Tiki Tar Industries

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
    Technavio

    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
    Technavio

    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
    Interested in this report?
    Get your FREE sample now!
    The polymer modified bitumen market growth will increase by $2733.02 million during 2021-2026.
    The polymer modified bitumen market is expected to grow at a CAGR of 4.23% during 2021-2026.
    Technavio has segmented the polymer modified bitumen market by end user (Road construction, Roofing, and Others) and geographic (APAC, North America, Europe, South America, and MEA).
    AMT Techno, Benzene International Pte Ltd., Breedon Group plc, Indian Oil Corp. Ltd., Nynas AB, Ooms International BV, PJSC Gazprom Neft, Royal Dutch Shell Plc, Sika AG, Tiki Tar Industries are a few of the key vendors in the polymer modified bitumen market.
    APAC will register the highest growth rate of 34.81% among the other regions. Therefore, the polymer modified bitumen market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
    • China
    • US
    • Russian Federation
    • Canada
    • India
    The key factors driving the polymer modified bitumen market growth are:
    • Global increase in road construction activities
    The polymer modified bitumen market vendors should focus on grabbing business opportunities from the road construction segment as it accounted for the largest market share in the base year.
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