Modified Bitumen Market by Modifier Type (SBS, APP, Crumb Rubber, Natural Rubber), Application Method (Hot Asphalt, Cold Asphalt, Torch-Applied), End-Use Industry (Road Construction, Building Construction), and Region - Global Forecast to 2021

Published by MarketsandMarkets on 24th January 2017 | Ref: 204569 | This Product Is In Stock

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$6650 | Multi User
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$10000 | Enterprise License

Introduction

The modified bitumen market is projected to register a CAGR of 6.5% during the forecast period

The global modified bitumen market is projected to reach USD 19.29 billion by 2021, at a CAGR of 6.5% from 2016 to 2021. The growth of the market is attributed to the growing construction industry in emerging nations, cost-effectiveness of modified bitumen, and increasing demand for modified bitumen in regions such as Asia-Pacific and the Middle East & Africa. Modified bitumen is largely used in road construction. In addition, rising awareness about the benefits of modified bitumen is also fueling the demand.


Road Construction represents the bulk of the demand for modified bitumen

Modified bitumen has been widely used for road construction. Modified bitumen increases the lifetime, flexibility, and strength of the road which acts as a major driver for the use of modified bitumen. Modified bitumen are used for road construction which includes bridges & flyovers, tunnel liners, and airport runways highways.

The SBS segment is projected to grow at the highest CAGR

during the forecast period

Modified bitumen is produced by blending normal bitumen with suitable polymers and other additives to improve the inherent properties of bitumen. The major modifiers used are atactic polypropylene (APP), styrene-butadiene-styrene (SBS), crumb rubber, and natural rubber. SBS is the most widely used modifier. SBS modified bitumen can deal with the stress created by temperature fluctuation, normal expansion and contraction. These factors acts as a major driver for the use of SBS.

“Asia-Pacific market estimated to grow at the highest CAGR during the forecast period”

Asia-Pacific is the largest market for modified bitumen, in terms of volume, followed by Europe and North America. China, the U.S., Germany, Canada, and Mexico are the largest consumers of modified bitumen. End-use industries such as road construction and building construction, represent the bulk of the demand for modified bitumen in Asia-Pacific.

In the process of determining and verifying the market size for the several segments and subsegments gathered through secondary research, extensive primary interviews were conducted as follows:

• By Company Type: Tier 1 (43%), Tier 2 (36%), and Tier 3 (21%).

• By Designation: C-level (21%), Director Level (29%), and Others (50%).

• By Region: North America (36%), Europe (36%), Asia-Pacific (21%), and RoW (7%)

The key players profiled in the report include Sika AG (Switzerland), Nynas AB (Sweden), Total S.A. (France), Royal Dutch Shell Plc (Netherlands), Colas S.A. (France), Hindustan Colas Private Limited (India), Soprema Group (France), The Dow Chemical Company (U.S.), GAF Materials Corporation (U.S.), Gazprom Neft PJSC (Russia), Firestone Building Products Company (U.S.), PJSC Rosneft Oil Company (Russia), Fosroc International Limited (U.K.), Lagan Asphalt Group (Ireland), Bitumina Group (UAE), Global Road Technology (Australia), Texsa Systems Slu (Spain), Saint-Gobain Weber (France), Orlen Asfalt Sp. z.o.o. (Poland), Exxonmobil Corporation (U.S.), and W.R.Grace and Company (U.S.).

Study Coverage

This report covers the modified bitumen market, in terms of volume and value, and forecasts the market size till 2021. The report includes the market segmentation based on modifier type, application method, end-use industry, and region. It also provides company profiles and competitive strategies adopted by the key players in the global modified bitumen market.

Key benefits of buying the report:

This research report is focused on various levels of analysis—industry trends, market share analysis of key players, supply chain analysis, and company profiles, which together comprise and discuss the overall views on the competitive landscape; emerging and high-growth segments of the modified bitumen market; high-growth regions; and market drivers, restraints, opportunities, and challenges.

Table of Contents

TABLE OF CONTENTS

1 INTRODUCTION

1.1 OBJECTIVE OF THE STUDY

1.2 MARKET DEFINITION

1.3 MARKET SCOPE

1.4 CURRENCY

1.5 STAKEHOLDERS

2 RESEARCH METHODOLOGY

2.1 RESEARCH DATA

2.2 MODIFIED BITUMEN MARKET RESEARCH DATA

2.3 DATA TRIANGULATION

2.4 ASSUMPTIONS AND LIMITATIONS

3 EXECUTIVE SUMMARY

3.1 EXECUTIVE SUMMARY

3.2 MODIFIED BITUMEN SEGMENT ANALYSIS

3.3 MARKET ATTRACTIVENESS ANALYSIS

4 PREMIUM INSIGHTS

5 MARKET OVERVIEW

5.1 INTRODUCTION

5.2 MARKET SEGMENTATION

5.3 MARKET DYNAMICS

5.4 IMPACT ANALYSIS

6 INDUSTRY TRENDS

6.1 SUPPLY CHAIN ANALYSIS

6.2 PORTER’S FIVE FORCES ANALYSIS

6.3 MACROECONOMIC OVERVIEW

7 MODIFIED BITUMEN MARKET, BY MODIFIER TYPE

7.1 INTRODUCTION

7.2 STYRENE-BUTADIENE-STYRENE (SBS)

7.3 ATACTIC POLYPROPYLENE (APP)

7.4 CRUMB RUBBER

7.5 NATURAL RUBBER

7.6 OTHERS

8 MODIFIED BITUMEN MARKET, BY END-USE INDUSTRY

8.1 INTRODUCTION

8.2 ROAD CONSTRUCTION

8.3 BUILDING CONSTRUCTION

8.4 OTHERS

9 MODIFIED BITUMEN MARKET, BY APPLICATION METHOD

9.1 INTRODUCTION

9.2 HOT ASPHALT METHOD

9.3 COLD ASPHALT METHOD

9.4 TORCH APPLIED METHOD

9.5 OTHERS

10 MODIFIED BITUMEN MARKET, BY REGION

10.1 INTRODUCTION

10.2 NORTH AMERICA

10.3 EUROPE

10.4 ASIA-PACIFIC

10.5 SOUTH AMERICA

10.6 MIDDLE EAST & AFRICA

11 COMPETITIVE LANDSCAPE

11.1 OVERVIEW

11.2 NEW PRODUCT LAUNCHES, 2015-2016

11.3 MERGERS & ACQUISITIONS, 2015-2016

11.4 CONTRACTS & AGREEMENTS, 2015-2016

11.5 EXPANSIONS, 2015-2016

12 COMPANY PROFILES

(Overview, Financial*, Products & Services, Strategy, and Developments)

12.1 SIKA AG

12.2 NYNAS AB

12.3 TOTAL S.A.

12.4 ROYAL DUTCH SHELL PLC

12.5 COLAS S.A.

12.6 HINDUSTAN COLAS PRIVATE LIMITED

12.7 SOPREMA GROUP

12.8 THE DOW CHEMICAL COMPANY

12.9 GAF MATERIALS CORPORATION

12.10 GAZPROM NEFT PJSC

12.11 PJSC ROSNEFT OIL COMPANY

12.12 SAINT-GOBAIN WEBER

12.13 ORLEN ASFALT SP. Z.O.O.

12.14 EXXONMOBIL CORPORATION

12.15 W.R.GRACE AND COMPANY

12.16 FIRESTONE BUILDING PRODUCTS COMPANY

12.17 FOSROC INTERNATIONAL LIMITED

12.18 LAGAN ASPHALT GROUP

12.19 BITUMINA GROUP

12.20 GLOBAL ROAD TECHNOLOGY

12.21 TEXSA SYSTEMS SLU

*Details might not be captured in case of unlisted companies.

Additional Details

Publisher

MarketsandMarkets

Publisher Information

Reference

204569 | CH 4941

Number of Pages

211

Report Format

PDF

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