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Polymer Modified Bitumen (PMB) Market Outlook, Research, Trends and Forecast 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 Por
Adroit Market Research
Global Polymer Modified Bitumen
(PMB) Market
Drivers, Restraints, Potential Growth Opportunities,
Vendor Competitive Landscape, Trends and Forecast
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Global Polymer Modified Bitumen (PMB) Market Size, Status and Forecast
• Polymer modified bitumen (PMB) is a mixture of bitumen and polymers in which the polymer helps in changing the
viscoelastic behavior of the bitumen making it more suitable for a range of stresses. Polymer modified binders (PMB) are a
major advancement in bituminous binder technology as these materials better satisfy the demands of increasing traffic
volumes and loads on road networks.
• 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.
• 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.
• The rising need to replace polyvinyl chloride (PVC) with eco-friendly materials such as thermoplastic elastomers in
construction and automotive industries is another factor driving the growth of this segment and thereby, impacting the
polymer modified bitumen market size.
• The global polymer modified bitumen (PMB) market has been mainly driven by the increased road construction and
construction activities across the globe.
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Global Polymer Modified Bitumen (PMB) Market Size, Status and Forecast
• The primary objective of the polymer modified bitumen is to increase the shelf-life of pavements and roads. The roads and
pavements that are constructed for extreme weather conditions and heavy-duty traffic need specially prepared bitumen
grades for enhanced performance, resulting in the widespread use of PMB.
• The advantages of PMB include greater resistance to heavy traffic loads, enhanced safety, increased skid resistance and a
higher level of comfort for both pedestrians and drivers. These factors have led to the use of PMB in road construction in
developing economies.
• The usage of this material is expected to reduce the 7.7 million tons of biodegradable municipal waste that is sent to
landfills every year. This material could pave a way for a greener and a cheaper alternative as compared to extracting
bitumen from oil sands and crude oil, thereby, impacting the overall polymer modified bitumen market size during the
forecast period.
• The growth in the applicability and consumption of plastomers is majorly attributed to the enhanced stiffness and viscosity
provided by bitumen. Plastomers give bitumen a high initial strength to withstand heavy loads.
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Global Polymer Modified Bitumen (PMB) Market Size, Status and Forecast
• Key segments of the Global Polymer Modified Bitumen (PMB) Market
Type Overview, 2015-2025 (Kilo Tons) (USD Million)
Thermoplastic elastomers
• Application Overview, 2015-2025 (Kilo Tons) (USD Million)
Road Construction
• Regional Overview, 2015-2025 (Kilo Tons) (USD Million)
North America
Asia Pacific
Latin America
Middle East and Africa
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