Polymer Modified Bitumen Market - Forecast(2021 - 2026) - PowerPoint PPT Presentation

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Polymer Modified Bitumen Market - Forecast(2021 - 2026)

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Polymer Modified Bitumen market size is forecast to reach $14 billion by 2026, after growing at a CAGR of 8% during 2021-2026 – PowerPoint PPT presentation

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Title: Polymer Modified Bitumen Market - Forecast(2021 - 2026)


1
Bitumen Market Market size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report 2021-2026
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
2
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  • Bitumen Market is forecast to reach 129.52
    billion by 2025, after growing at a CAGR of 3.56
    during 2020-2025. 
  • Bitumen is widely used as a binding organic
    material, made from the by-products of refined
    crude oil and soluble in carbon disulfide. It is
    a crucial component of the asphalt, which is used
    to build roads, streets and other parts of the
    infrastructure. 

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3

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Key Takeaways
  • In 2017, global annual vehicle sales reached 96.8
    million units and are expected to reach 125.5
    million units by the end of the forecast spell,
    creating a need for broader and better road
    quality.
  • Bitumen is widely used as a chemical additive in
    several applications such as black paints and
    solvents. Being a chemical additive bitumen helps
    in improving the efficiency of paints and
    coatings, and also improves the viscosity of
    waterproofing agents.

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4
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By Distribution Channel- Segment
Analysis Polymer modified bitumen segment held a
significant share of the bitumen market in 2019.
Polymer modified bitumen is widely being adopted
for road development as well as construction and
building on account of their superior durability
and quality. Different types of materials such as
thermoplastic elastomers such as rubber and
styrene polymers, thermoplastic polymers such as
polyethylene, ethylene copolymers and
polypropylene and thermosetting polymer resins
are added to bitumen to alter its characteristics.
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5
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  • Bitumen Market Industry Outlook 
  • Indian Oil Corporation,
  • Chevron Texaco Corporation,
  • China Petroleum and Chemical Corporation,
  • Total,
  • British Petroleum,
  • JX Nippon Oil Energy Corporation

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6
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Bitumen Market - Forecast(2021 - 2026) Learn
More About the Report _at_ https//www.industryarc.
com/Report/19165/bitumen-market
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7
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  • You Can Customize the Report as Per Your Need.
    We have included Some Customization Options
  • Company Profile
  • Analyst Briefing
  • Data Tables
  • Key Contacts
  • Free Customization
  • Purchase Full Report _at_ https//www.industryarc.com
    /purchasereport.php?id19165

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8
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
Inquiry Before Buying
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