Polymer Modified Bitumen Market : A Comprehensive Study of the Industry

The latest research report by Emergen Research, named ‘Global Polymer Modified Bitumen Market  - Forecast to  2032 . The report offers these individuals a vivid description of the competitive spectrum of the global Polymer Modified Bitumen Market  .The global health emergency has beleaguered the global economy, thereby disrupting this particular business domain’s functioning mechanism. It assesses the present market scenario and forecasts the pandemic’s aftermath in this business sector to help organizations boost their COVID-19 preparedness.

global Polymer Modified Bitumen (PMB) market size reached USD 12.16 Billion in 2022 and is expected to register a steady revenue CAGR of 4.6% during the forecast period, according to latest analysis by Emergen Research. Increasing government initiatives to improve transportation infrastructure is a key factor driving market revenue growth. PMB represents a group of road bituminous specially designed and manufactured to improve the durability of asphalt. PMB is formed by mixing standard bitumen with polymers, which are either added to the bitumen in a pre-modification process or during the mixing process.

The study on the Global  Polymer Modified Bitumen Market      is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. The  Polymer Modified Bitumen Market      has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic. The report provides a detailed outlook on how the pandemic has affected the key segments of the  Polymer Modified Bitumen Market      industry.

For further details on this report, click here @ https://www.emergenresearch.com/industry-report/polymer-modified-bitumen-market

Competitive Landscape:

The research report offers key insights into the leading market players’ strengths and weaknesses, assessed using Porter’s Five Forces and SWOT analyses. The report includes  Polymer Modified Bitumen Market      segmentation based on product type, application spectrum, and key regions.

Benzene International Pte Ltd., Breedon Group Plc, RAHA Bitumen, Inc., Alma Petroli, Nynas AB, Royal Dutch Shell PLC, Exxon Mobil Corporation, Repsol, TotalEnergies, Colas Ltd., Gazprom Neft, Sika AG, and Phoenix Asphalt.

Valuable Market Insights:

• The report highlights the latest trends observed in the consumption pattern of each regional segment.
• Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
• The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Polymer Modified Bitumen Market      .
• The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.

The report, additionally, presents a comprehensive analysis of the key elements of the  Polymer Modified Bitumen Market      market that influence its growth over the projected timeline. These vital elements include the key drivers, constraints, opportunities, limitations, threats, and micro and macro-economic factors.

Emergen Research has segmented the global polymer modified bitumen market on the basis of type, application, and region:

• Type Outlook (Revenue, USD Billion; 2019-2032)
  • Thermoplastic Elastomers
    1. Styrene Butadiene Styrene
    2. Styrene Butadiene Rubber
    3. Isobutene Isoprene Copolymer
    4. Styrene Isoprene Styrene
    5. Styrene Ethylene Butadiene Styrene
    6. Others
  • Thermoplastic Polymers
    1. Ethylene Vinyl Acetate
    2. Ethylene Methyl Acrylate
    3. Ethylene Butyl Acrylate
    4. Polyethylene
    5. Polypropylene
    6. Others
  • Thermosetting Polymers
    1. Epoxy Resin
    2. Polyurethane Resin
    3. Acrylic Resin
    4. Others

• Application Outlook (Revenue, USD Billion; 2019-2032)
  • Road Construction
  • Piping
  • Roofing
  • Transportation

Key Geographies Profiled in the Report:

According to the regional outlook for revenue and volume from 2017-2027, North America includes the United States and Canada. Europe consists of the United Kingdom, Germany, France, and BENELUX. The Asia Pacific region includes China, Japan, South Korea, and the Rest of APAC. Latin America includes Brazil and the Rest of LATAM. Finally, the Middle East and Africa (MEA) region includes Saudi Arabia, the United Arab Emirates (UAE), and the Rest of MEA.

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