What is the market size for the modified bitumen market?

The Market is expected to grow by $ 2911.3 mn in 2024-2028. <a href='https://www.technavio.com/report/modified-bitumen-market-industry-analysis'>Read More</a>

What is the CAGR for the modified bitumen market?

4.36% CAGR with $ 2911.3 mn Momentum. <a href='https://www.technavio.com/report/modified-bitumen-market-industry-analysis'>Read More</a>

What is the growth rate of the Modified Bitumen Market market?

4.36% is the estimation year on year growth rate. <a href='https://www.technavio.com/report/modified-bitumen-market-industry-analysis'>Read More</a>

Which region held the largest market share in the Modified Bitumen Market market?

APAC with 45% of the market growth. <a href='https://www.technavio.com/report/modified-bitumen-market-industry-analysis'>Read More</a>

Who are the prominent players in the Modified Bitumen Market market?

BASF SE, Breedon Group plc, Colas SA, Compagnie de Saint Gobain, Dow Chemical Co., Exxon Mobil Corp., Fosroc International Ltd., GAF Materials LLC, Holcim Ltd., .... <a href='https://www.technavio.com/report/modified-bitumen-market-industry-analysis'>Read More</a>

Modified Bitumen Market Analysis APAC, North America, Europe, Middle East and Africa, South America - US, China, France, Germany, UK - Size and Forecast 2024-2028

Published: Jun 2024
Pages: 183
SKU: IRTNTR44640

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Modified Bitumen Market Size 2024-2028

The modified bitumen market size is forecast to increase by USD 2.91 billion, at a CAGR of 4.36% between 2023 and 2028. The market is experiencing significant growth due to the rise in road construction projects worldwide. The use of reclaimed modified bitumen products is on the rise, particularly in non-residential buildings and paving sites. Mechanically fastened modified bitumen sheets, such as PMB, are increasingly popular due to their durability and cost-effectiveness. Additionally, open graded mixes, which offer improved skid resistance, are gaining traction in the market. Natural rubber modifiers are being incorporated into modified bitumen to enhance its elasticity and flexibility. However, the market faces challenges, including the volatility of raw material prices, particularly those of oil resources. The number of airports and other non-aeronautical revenue generating facilities is driving the demand for modified bitumen in infrastructure development.

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market

2.2 Market characteristics
- Market characteristics analysis

2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition

3.2 Market segment analysis
- Market segments

3.3 Market size 2023

3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Modified Bitumen Market 2018 - 2022
- Historic Market Size - Data Table on Global Modified Bitumen Market 2018 - 2022 ($ million)

4.2 End-user segment analysis 2018 - 2022
- Historic Market Size - End-user Segment 2018 - 2022 ($ million)

4.3 Application segment analysis 2018 - 2022
- Historic Market Size - Application Segment 2018 - 2022 ($ million)

4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)

4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028

5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028

5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028

5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028

5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028

5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028

5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by End-user

6.1 Market segments
- Chart on End-user - Market share 2023-2028 (%)
- Data Table on End-user - Market share 2023-2028 (%)

6.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user

6.3 Road Construction - Market size and forecast 2023-2028
- Chart on Road Construction - Market size and forecast 2023-2028 ($ million)
- Data Table on Road Construction - Market size and forecast 2023-2028 ($ million)
- Chart on Road Construction - Year-over-year growth 2023-2028 (%)
- Data Table on Road Construction - Year-over-year growth 2023-2028 (%)

6.4 Building Construction - Market size and forecast 2023-2028
- Chart on Building Construction - Market size and forecast 2023-2028 ($ million)
- Data Table on Building Construction - Market size and forecast 2023-2028 ($ million)
- Chart on Building Construction - Year-over-year growth 2023-2028 (%)
- Data Table on Building Construction - Year-over-year growth 2023-2028 (%)

6.5 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)

6.6 Market opportunity by End-user
- Market opportunity by End-user ($ million)
- Data Table on Market opportunity by End-user ($ million)

7 Market Segmentation by Application

7.1 Market segments
- Chart on Application - Market share 2023-2028 (%)
- Data Table on Application - Market share 2023-2028 (%)

7.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application

7.3 Hot Asphalt Method - Market size and forecast 2023-2028
- Chart on Hot Asphalt Method - Market size and forecast 2023-2028 ($ million)
- Data Table on Hot Asphalt Method - Market size and forecast 2023-2028 ($ million)
- Chart on Hot Asphalt Method - Year-over-year growth 2023-2028 (%)
- Data Table on Hot Asphalt Method - Year-over-year growth 2023-2028 (%)

7.4 Cold Asphalt Method - Market size and forecast 2023-2028
- Chart on Cold Asphalt Method - Market size and forecast 2023-2028 ($ million)
- Data Table on Cold Asphalt Method - Market size and forecast 2023-2028 ($ million)
- Chart on Cold Asphalt Method - Year-over-year growth 2023-2028 (%)
- Data Table on Cold Asphalt Method - Year-over-year growth 2023-2028 (%)

7.5 Torch Applied Method - Market size and forecast 2023-2028
- Chart on Torch Applied Method - Market size and forecast 2023-2028 ($ million)
- Data Table on Torch Applied Method - Market size and forecast 2023-2028 ($ million)
- Chart on Torch Applied Method - Year-over-year growth 2023-2028 (%)
- Data Table on Torch Applied Method - Year-over-year growth 2023-2028 (%)

7.6 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share by geography 2023-2028 (%)
- Data Table on Market share by geography 2023-2028 (%)

9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison

9.3 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)

9.4 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)

9.5 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)

9.6 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)

9.7 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)

9.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)

9.9 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)

9.10 France - Market size and forecast 2023-2028
- Chart on France - Market size and forecast 2023-2028 ($ million)
- Data Table on France - Market size and forecast 2023-2028 ($ million)
- Chart on France - Year-over-year growth 2023-2028 (%)
- Data Table on France - Year-over-year growth 2023-2028 (%)

9.11 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)

9.12 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ million)
- Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)

9.13 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028

10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview

11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation

11.3 Landscape disruption
- Overview on factors of disruption

11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered

12.2 Market positioning of companies
- Matrix on companies position and classification

12.3 BASF SE
- BASF SE - Overview
- BASF SE - Business segments
- BASF SE - Key news
- BASF SE - Key offerings
- BASF SE - Segment focus

12.4 Breedon Group plc
- Breedon Group plc - Overview
- Breedon Group plc - Business segments
- Breedon Group plc - Key news
- Breedon Group plc - Key offerings
- Breedon Group plc - Segment focus

12.5 Colas SA
- Colas SA - Overview
- Colas SA - Business segments
- Colas SA - Key offerings
- Colas SA - Segment focus

12.6 Dow Chemical Co.
- Dow Chemical Co. - Overview
- Dow Chemical Co. - Business segments
- Dow Chemical Co. - Key news
- Dow Chemical Co. - Key offerings
- Dow Chemical Co. - Segment focus

12.7 Exxon Mobil Corp.
- Exxon Mobil Corp. - Overview
- Exxon Mobil Corp. - Business segments
- Exxon Mobil Corp. - Key news
- Exxon Mobil Corp. - Key offerings
- Exxon Mobil Corp. - Segment focus

12.8 GAF Materials LLC
- GAF Materials LLC - Overview
- GAF Materials LLC - Product / Service
- GAF Materials LLC - Key offerings

12.9 Holcim Ltd.
- Holcim Ltd. - Overview
- Holcim Ltd. - Business segments
- Holcim Ltd. - Key news
- Holcim Ltd. - Key offerings
- Holcim Ltd. - Segment focus

12.10 Jiangsu Baoli International Investment Co. Ltd.
- Jiangsu Baoli International Investment Co. Ltd. - Overview
- Jiangsu Baoli International Investment Co. Ltd. - Product / Service
- Jiangsu Baoli International Investment Co. Ltd. - Key offerings

12.11 Nynas AB
- Nynas AB - Overview
- Nynas AB - Product / Service
- Nynas AB - Key news
- Nynas AB - Key offerings

12.12 Polski Koncern Naftowy ORLEN SA
- Polski Koncern Naftowy ORLEN SA - Overview
- Polski Koncern Naftowy ORLEN SA - Product / Service
- Polski Koncern Naftowy ORLEN SA - Key news
- Polski Koncern Naftowy ORLEN SA - Key offerings

12.13 Repsol SA
- Repsol SA - Overview
- Repsol SA - Business segments
- Repsol SA - Key news
- Repsol SA - Key offerings
- Repsol SA - Segment focus

12.14 Shell plc
- Shell plc - Overview
- Shell plc - Business segments
- Shell plc - Key news
- Shell plc - Key offerings
- Shell plc - Segment focus

12.15 Sika AG
- Sika AG - Overview
- Sika AG - Business segments
- Sika AG - Key news
- Sika AG - Key offerings
- Sika AG - Segment focus

12.16 SK Innovation Co. Ltd.
- SK Innovation Co. Ltd. - Overview
- SK Innovation Co. Ltd. - Business segments
- SK Innovation Co. Ltd. - Key offerings
- SK Innovation Co. Ltd. - Segment focus