NEW YORK, Nov. 29, 2021 /PRNewswire/ -- The polymer
modified bitumen market size is set to grow by USD 2.73 bn from 2021 to 2026, according to
Technavio. This report offers an up-to-date analysis regarding the
current global market scenario and the overall market
environment.
Read Free Sample Report to explore growth
opportunities in the polymer modified bitumen market.
The polymer modified bitumen market is concentrated, and
the degree of concentration will accelerate during the
forecast period. To leverage the current opportunities, market
vendors must strengthen their foothold in the fast-growing segments
while maintaining their positions in the slow-growing segments.
The report covers the following areas:
- Polymer Modified Bitumen Market size
- Polymer Modified Bitumen Market trends
- Polymer Modified Bitumen Market industry analysis
Polymer Modified Bitumen Market 2022-2026:
Segmentation
- End-user
-
- Road Construction
- Roofing
- Others
- Geography
-
- APAC
- North America
- Europe
- South America
- MEA
View Our Market Sample Report Now to learn about
the contribution of each segment of the polymer modified bitumen
market
Polymer Modified Bitumen Market 2022-2026: Vendor Analysis
and Scope
To help businesses improve their market position, the polymer
modified bitumen market provides a detailed analysis of around 25
vendors operating in the market. Some of these vendors include
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.
The global increase in road construction activities, superior
properties of polymer modified bitumen, and increased manufacturing
and construction activities will offer immense growth
opportunities. However, factors such as volatility in raw
material prices may threaten the growth of the market.
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Polymer Modified Bitumen Market 2022-2026: Regional
Analysis
Technavio offers an up-to-date analysis of the geographical
composition of the market as well as competitive intelligence and
regional opportunities for vendors. According to our analysis,
35% of the market's growth is expected to originate from APAC
during the forecast period. China and India are the key countries for the
polymer modified bitumen market in the region. 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 drive
the polymer modified bitumen market growth in APAC over the
forecast period.
Polymer Modified Bitumen Market 2022-2026: Key
Highlights
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will support polymer
modified bitumen market growth during the next five years
- Estimation of the polymer modified bitumen market size and its
contribution to the parent market
- Forecast on upcoming trends and changes in consumer
behavior
- The growth of the polymer modified bitumen market
- 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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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
|
USD 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.
|
Download Free Sample Report Now for additional
highlights on the polymer modified bitumen market
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