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Global Polymer Modified Bitumen (PMB) Market Size, PDF Report 2025

Global Polymer Modified Bitumen (PMB) Market size is calculated to be reach USD 14.85 billion by 2025, driven by construction and infrastructural industries across the globe.
Adroit Market Research
Global Polymer Modified Bitumen
(PMB) Market
Drivers, Restraints, Potential Growth Opportunities,
Vendor Competitive Landscape, Trends and Forecast
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Adroit Market Research
Global Polymer Modified Bitumen (PMB) Market Size, Status and Forecast
• Adroit Market Research published a study titled, “Global Polymer Modified Bitumen (PMB) Market Size 2017 By Type
(Thermoplastic Elastomers and Plastomers), By Application (Road Construction, Roofing and Others), by Region and
Forecast 2018 to 2025”.
• The report provides a detailed analysis of global polymer modified bitumen (PMB) market based on drivers, restraints and
future opportunities that are expected to influence the market dynamics during the forecast period. Additional tools such
as Porter’s five forces analysis and value chain analysis are included to give a holistic market view. The report also assesses
the impact of current and emerging trends on the global polymer modified bitumen market size. Furthermore, the report
provides an overview of polymer modified bitumen industry in the key regions.
• The global polymer modified bitumen (PMB) market size is estimated to be worth USD 14.85 billion by 2025, driven by the
rise in the construction and infrastructural activities across the globe. The increasing use of bitumen as waterproofing,
ceiling-binding and adhesives in wood industry are some of the primary factors driving the global polymer modified
bitumen industry.
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Adroit Market Research
Global Polymer Modified Bitumen (PMB) Market Size, Status and Forecast
• Based on the type, thermoplastic elastomers demand is projected to exceed 15 million tons by 2025. Thermoplastic elastomers
which exhibit superior stiffness, elastic response, resistance to heat and reduced temperature sensitivity when added to bitumen,
makes it compatible for use in varied climatic condition. This type of PMB can also be continually cooled, melted, deformed without
affecting the product quality and can be recycled easily. Furthermore, thermoplastic elastomers also have a broader range of
properties such as high strength, high impact resistance, shrink resistance and superior aesthetic finishes compared to the
traditional thermoplastics.
• Based on the patient type, infertility treatment market is segmented into female and male patients. The segment of female patients
plays a major role in infertility treatment market share, because of reducing fertility rates in female and availability of options for
treatment. On the basis of end-user, infertility treatment market is divided into cryobanks, research institutes, fertility centers and
hospitals & clinics. Fertility centers hold the largest share because of increase in the medical visit and success rates of the centers of
fertility. These reasons are fueling the growth of infertility treatment market.
• Based on application, roofing is projected to be the fastest growing application in the global polymer modified bitumen (PMB)
market with a valuation of USD 2.81 billion by 2025. The property of PMB to withstand extreme weather conditions and provide
extra strength, high cohesiveness and resistance to fatigue & deformations are some of the factors making polymer modified
bitumen the most preferred material for roofing. Advancements in technology leading to the development of new materials have
paved the way for innovative roofing systems which makes polymer modified bitumen one of the most common materials used for
membrane roofs typically found on most commercial buildings, as well as in increasing number of residential properties, too
• Browse the complete report on @
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Adroit Market Research
Global Polymer Modified Bitumen (PMB) Market Size, Status and Forecast
• Middle East & Africa PMB demand is anticipated to exceed 1.90 million tons by 2025. The increasing road construction and
infrastructural activities in the region are expected to majorly drive the growth of polymer modified bitumen (PMB) market.
Increasing government investments in infrastructures such as roads, public transport infrastructure, power generation,
health care, schools, hospitality and housing owing to the population growth and plans to diversify are the factors which are
expected to impact the polymer modified bitumen market size. For instance, in 2016, the Saudi Pan Kingdom for Trading &
Contracting (SAPAC), Daewoo Engineering & Construction and Hanwha Engineering & Construction won a USD 20 billion
housing project to construct 100,000 houses in Saudi Arabia. Such initiatives are expected to escalate the demand of
polymer modified bitumen in the region in the coming years.
• The competitive landscape of the global polymer modified bitumen (PMB) market is fragmented with a large number of
players with global and regional presence. Total S.A., Nynas AB, Royal Dutch Shell, ExxonMobil, Indian Oil Corporation,
Lagan Asphalt Group, GULF PETROCHEM, BITUMINA GROUP, Hindustan Colas Private Limited, and Benzene International
Pte Ltd. are the key participants of the market.
Purchase a single user copy of the global polymer modified bitumen (PMB) market market report
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