Adroit Market Research Global Polymer Modified Bitumen (PMB) Market Drivers, Restraints, Potential Growth Opportunities, Vendor Competitive Landscape, Trends and Forecast 2019-2025 Single Use License: US$ 4500 +1 (214) 884-6068 [email protected] www.adroitmarketresearch.com Request Sample Adroit Market Research Global Polymer Modified Bitumen (PMB) Market Size, Status and Forecast 2019-2025 • 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. +1 (214) 884-6068 [email protected] www.adroitmarketresearch.com Adroit Market Research Global Polymer Modified Bitumen (PMB) Market Size, Status and Forecast 2019-2025 • 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. Browse the complete report on @ https://adroitmarketresearch.com/industry-reports/polymermodified-bitumen-pmb-market +1 (214) 884-6068 [email protected] www.adroitmarketresearch.com Adroit Market Research Global Polymer Modified Bitumen (PMB) Market Size, Status and Forecast 2019-2025 • Key segments of the Global Polymer Modified Bitumen (PMB) Market Type Overview, 2015-2025 (Kilo Tons) (USD Million) • • Thermoplastic elastomers Plastomers • Application Overview, 2015-2025 (Kilo Tons) (USD Million) • • • Road Construction Roofing Others • Regional Overview, 2015-2025 (Kilo Tons) (USD Million) • • • • • North America Europe Asia Pacific Latin America Middle East and Africa Purchase a single user copy of the global polymer modified bitumen (PMB) market market report @ https://adroitmarketresearch.com/researchreport/purchase/521 +1 (214) 884-6068 [email protected] www.adroitmarketresearch.com Adroit Market Research About Us Contact Us Adroit Market Research is an India-based business analytics and consulting company. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps. 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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 market size. Furthermore, the report provides an overview of industry in the key regions.
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