The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com
Global Modified Bitumen Market Research Report 2024
Synopsis
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 which gives the bitumen plasticity and improves 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.
The global Modified Bitumen market was valued at US$ 10450 million in 2023 and is anticipated to reach US$ 12880 million by 2030, witnessing a CAGR of 3.0% during the forecast period 2024-2030.
Global Modified Bitumen key players include Total, Shell, SK, ExxonMobil, TIPCO ASPHALT, etc. Global top five manufacturers hold a share over 15%.
Asia Pacific is the largest market, with a share over 55%, followed by North America and Europe, both have a share over 30% percent. In terms of product, SBS Modified Bitumen is the largest segment, with a share over 60%. And in terms of application, the largest application is Road Construction & Paving, followed by Roofing.
This report aims to provide a comprehensive presentation of the global market for Modified Bitumen, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Modified Bitumen.
Report Scope
The Modified Bitumen market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Modified Bitumen market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Modified Bitumen manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Total
Shell
SK
ExxonMobil
TIPCO ASPHALT
Colas
Nynas
Gazprom Neft PJSC
Lagan Asphalt Group
Baolirus
Guochuang Hi-tech
Xi'an Guolin Industry
Nichireki
Segment by Type
SBS Modified Bitumen
Plastomer Modified Bitumen
Crumb Rubber Modified Bitumen
Others
Segment by Application
Road Construction & Paving
Roofing
Others
Production by Region
Europe
China
Japan
South Korea
Southeast Asia
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Modified Bitumen manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Modified Bitumen by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Modified Bitumen in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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 which gives the bitumen plasticity and improves 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.
The global Modified Bitumen market was valued at US$ 10450 million in 2023 and is anticipated to reach US$ 12880 million by 2030, witnessing a CAGR of 3.0% during the forecast period 2024-2030.
Global Modified Bitumen key players include Total, Shell, SK, ExxonMobil, TIPCO ASPHALT, etc. Global top five manufacturers hold a share over 15%.
Asia Pacific is the largest market, with a share over 55%, followed by North America and Europe, both have a share over 30% percent. In terms of product, SBS Modified Bitumen is the largest segment, with a share over 60%. And in terms of application, the largest application is Road Construction & Paving, followed by Roofing.
This report aims to provide a comprehensive presentation of the global market for Modified Bitumen, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Modified Bitumen.
Report Scope
The Modified Bitumen market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Modified Bitumen market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Modified Bitumen manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Total
Shell
SK
ExxonMobil
TIPCO ASPHALT
Colas
Nynas
Gazprom Neft PJSC
Lagan Asphalt Group
Baolirus
Guochuang Hi-tech
Xi'an Guolin Industry
Nichireki
Segment by Type
SBS Modified Bitumen
Plastomer Modified Bitumen
Crumb Rubber Modified Bitumen
Others
Segment by Application
Road Construction & Paving
Roofing
Others
Production by Region
Europe
China
Japan
South Korea
Southeast Asia
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Modified Bitumen manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Modified Bitumen by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Modified Bitumen in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Modified Bitumen Market Overview
1.1 Product Definition
1.2 Modified Bitumen Segment by Type
1.2.1 Global Modified Bitumen Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 SBS Modified Bitumen
1.2.3 Plastomer Modified Bitumen
1.2.4 Crumb Rubber Modified Bitumen
1.2.5 Others
1.3 Modified Bitumen Segment by Application
1.3.1 Global Modified Bitumen Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Road Construction & Paving
1.3.3 Roofing
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global Modified Bitumen Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Modified Bitumen Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Modified Bitumen Production Estimates and Forecasts (2019-2030)
1.4.4 Global Modified Bitumen Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Modified Bitumen Production Market Share by Manufacturers (2019-2024)
2.2 Global Modified Bitumen Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Modified Bitumen, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Modified Bitumen Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Modified Bitumen Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Modified Bitumen, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Modified Bitumen, Product Offered and Application
2.8 Global Key Manufacturers of Modified Bitumen, Date of Enter into This Industry
2.9 Modified Bitumen Market Competitive Situation and Trends
2.9.1 Modified Bitumen Market Concentration Rate
2.9.2 Global 5 and 10 Largest Modified Bitumen Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Modified Bitumen Production by Region
3.1 Global Modified Bitumen Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Modified Bitumen Production Value by Region (2019-2030)
3.2.1 Global Modified Bitumen Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Modified Bitumen by Region (2025-2030)
3.3 Global Modified Bitumen Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Modified Bitumen Production by Region (2019-2030)
3.4.1 Global Modified Bitumen Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Modified Bitumen by Region (2025-2030)
3.5 Global Modified Bitumen Market Price Analysis by Region (2019-2024)
3.6 Global Modified Bitumen Production and Value, Year-over-Year Growth
3.6.1 Europe Modified Bitumen Production Value Estimates and Forecasts (2019-2030)
3.6.2 China Modified Bitumen Production Value Estimates and Forecasts (2019-2030)
3.6.3 Japan Modified Bitumen Production Value Estimates and Forecasts (2019-2030)
3.6.4 South Korea Modified Bitumen Production Value Estimates and Forecasts (2019-2030)
3.6.5 Southeast Asia Modified Bitumen Production Value Estimates and Forecasts (2019-2030)
3.6.6 India Modified Bitumen Production Value Estimates and Forecasts (2019-2030)
4 Modified Bitumen Consumption by Region
4.1 Global Modified Bitumen Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Modified Bitumen Consumption by Region (2019-2030)
4.2.1 Global Modified Bitumen Consumption by Region (2019-2024)
4.2.2 Global Modified Bitumen Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Modified Bitumen Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Modified Bitumen Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Modified Bitumen Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Modified Bitumen Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Modified Bitumen Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Modified Bitumen Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Modified Bitumen Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Modified Bitumen Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Modified Bitumen Production by Type (2019-2030)
5.1.1 Global Modified Bitumen Production by Type (2019-2024)
5.1.2 Global Modified Bitumen Production by Type (2025-2030)
5.1.3 Global Modified Bitumen Production Market Share by Type (2019-2030)
5.2 Global Modified Bitumen Production Value by Type (2019-2030)
5.2.1 Global Modified Bitumen Production Value by Type (2019-2024)
5.2.2 Global Modified Bitumen Production Value by Type (2025-2030)
5.2.3 Global Modified Bitumen Production Value Market Share by Type (2019-2030)
5.3 Global Modified Bitumen Price by Type (2019-2030)
6 Segment by Application
6.1 Global Modified Bitumen Production by Application (2019-2030)
6.1.1 Global Modified Bitumen Production by Application (2019-2024)
6.1.2 Global Modified Bitumen Production by Application (2025-2030)
6.1.3 Global Modified Bitumen Production Market Share by Application (2019-2030)
6.2 Global Modified Bitumen Production Value by Application (2019-2030)
6.2.1 Global Modified Bitumen Production Value by Application (2019-2024)
6.2.2 Global Modified Bitumen Production Value by Application (2025-2030)
6.2.3 Global Modified Bitumen Production Value Market Share by Application (2019-2030)
6.3 Global Modified Bitumen Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Total
7.1.1 Total Modified Bitumen Corporation Information
7.1.2 Total Modified Bitumen Product Portfolio
7.1.3 Total Modified Bitumen Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Total Main Business and Markets Served
7.1.5 Total Recent Developments/Updates
7.2 Shell
7.2.1 Shell Modified Bitumen Corporation Information
7.2.2 Shell Modified Bitumen Product Portfolio
7.2.3 Shell Modified Bitumen Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Shell Main Business and Markets Served
7.2.5 Shell Recent Developments/Updates
7.3 SK
7.3.1 SK Modified Bitumen Corporation Information
7.3.2 SK Modified Bitumen Product Portfolio
7.3.3 SK Modified Bitumen Production, Value, Price and Gross Margin (2019-2024)
7.3.4 SK Main Business and Markets Served
7.3.5 SK Recent Developments/Updates
7.4 ExxonMobil
7.4.1 ExxonMobil Modified Bitumen Corporation Information
7.4.2 ExxonMobil Modified Bitumen Product Portfolio
7.4.3 ExxonMobil Modified Bitumen Production, Value, Price and Gross Margin (2019-2024)
7.4.4 ExxonMobil Main Business and Markets Served
7.4.5 ExxonMobil Recent Developments/Updates
7.5 TIPCO ASPHALT
7.5.1 TIPCO ASPHALT Modified Bitumen Corporation Information
7.5.2 TIPCO ASPHALT Modified Bitumen Product Portfolio
7.5.3 TIPCO ASPHALT Modified Bitumen Production, Value, Price and Gross Margin (2019-2024)
7.5.4 TIPCO ASPHALT Main Business and Markets Served
7.5.5 TIPCO ASPHALT Recent Developments/Updates
7.6 Colas
7.6.1 Colas Modified Bitumen Corporation Information
7.6.2 Colas Modified Bitumen Product Portfolio
7.6.3 Colas Modified Bitumen Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Colas Main Business and Markets Served
7.6.5 Colas Recent Developments/Updates
7.7 Nynas
7.7.1 Nynas Modified Bitumen Corporation Information
7.7.2 Nynas Modified Bitumen Product Portfolio
7.7.3 Nynas Modified Bitumen Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Nynas Main Business and Markets Served
7.7.5 Nynas Recent Developments/Updates
7.8 Gazprom Neft PJSC
7.8.1 Gazprom Neft PJSC Modified Bitumen Corporation Information
7.8.2 Gazprom Neft PJSC Modified Bitumen Product Portfolio
7.8.3 Gazprom Neft PJSC Modified Bitumen Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Gazprom Neft PJSC Main Business and Markets Served
7.7.5 Gazprom Neft PJSC Recent Developments/Updates
7.9 Lagan Asphalt Group
7.9.1 Lagan Asphalt Group Modified Bitumen Corporation Information
7.9.2 Lagan Asphalt Group Modified Bitumen Product Portfolio
7.9.3 Lagan Asphalt Group Modified Bitumen Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Lagan Asphalt Group Main Business and Markets Served
7.9.5 Lagan Asphalt Group Recent Developments/Updates
7.10 Baolirus
7.10.1 Baolirus Modified Bitumen Corporation Information
7.10.2 Baolirus Modified Bitumen Product Portfolio
7.10.3 Baolirus Modified Bitumen Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Baolirus Main Business and Markets Served
7.10.5 Baolirus Recent Developments/Updates
7.11 Guochuang Hi-tech
7.11.1 Guochuang Hi-tech Modified Bitumen Corporation Information
7.11.2 Guochuang Hi-tech Modified Bitumen Product Portfolio
7.11.3 Guochuang Hi-tech Modified Bitumen Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Guochuang Hi-tech Main Business and Markets Served
7.11.5 Guochuang Hi-tech Recent Developments/Updates
7.12 Xi'an Guolin Industry
7.12.1 Xi'an Guolin Industry Modified Bitumen Corporation Information
7.12.2 Xi'an Guolin Industry Modified Bitumen Product Portfolio
7.12.3 Xi'an Guolin Industry Modified Bitumen Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Xi'an Guolin Industry Main Business and Markets Served
7.12.5 Xi'an Guolin Industry Recent Developments/Updates
7.13 Nichireki
7.13.1 Nichireki Modified Bitumen Corporation Information
7.13.2 Nichireki Modified Bitumen Product Portfolio
7.13.3 Nichireki Modified Bitumen Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Nichireki Main Business and Markets Served
7.13.5 Nichireki Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Modified Bitumen Industry Chain Analysis
8.2 Modified Bitumen Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Modified Bitumen Production Mode & Process
8.4 Modified Bitumen Sales and Marketing
8.4.1 Modified Bitumen Sales Channels
8.4.2 Modified Bitumen Distributors
8.5 Modified Bitumen Customers
9 Modified Bitumen Market Dynamics
9.1 Modified Bitumen Industry Trends
9.2 Modified Bitumen Market Drivers
9.3 Modified Bitumen Market Challenges
9.4 Modified Bitumen Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
Why ‘The Market Reports’
In Business:
Pre Sales Support:
Post Sales Support:
Turn Around Time:
Clients Served:
Clients Assisted:
Client Types:
Payment:
- Accept global payments [Credit Card / PayPal / Wire Transfer]
- Accept local payments in South Korea, Germany, China and India [Can pay in local currency]
Latest Chemicals Market Reports
Payments Accepted From
Connect with us at
Complete Secure Website
