The report highlights the increasing investment and development of infrastructure globally that are proliferating the global market growth. Consegic Business Intelligence study also provides insights into the market's competitive landscape, market segmentation, regional outlook, and emerging technologies in the Speaker Grill Fabric market.
The polymer modified bitumen market is bifurcated into product type and application. Based on product type, the market is segmented into thermoplastic elastomers (styrene butadiene diblock (SB), styrene butadiene triblock/radial (SBS), styrene isoprene (SIS), styrene ethylbutylene styrene (SEBS), styrene butadiene rubber latex (SBR), polychloroprene latex, and others), thermoplastic polymers, thermosetting polymers, crumb rubber modified bitumen, and others. In 2022, the thermoplastic polymer segment dominate in the overall polymer modified bitumen market. The application segment is categorized into roofing & piping, road construction, emulsions, and others), industrial, and others. In 2022, the road construction segment accounted for the highest market share in the polymer modified bitumen market.Get Free Sample
|Report Attributes||Report Details|
|By Product Type||Thermoplastic Elastomers (Styrene Butadiene Diblock (SB), Styrene Butadiene Triblock/Radial (SBS), Styrene Isoprene (SIS), Styrene Ethylbutylene Styrene (SEBS), Styrene Butadiene Rubber Latex (SBR), Polychloroprene Latex, and Others), Thermoplastic Polymers, Thermosetting Polymers, Crumb Rubber Modified Bitumen, and Others|
|By Application||Roofing & Piping, Road Construction, Emulsions, and Others|
|By Region||North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa|
The market is dominated by certain major companies such as Shell Global, Nynas AB, Exxon Mobil Corporation, and TotalEnergies have a strong market position in current market circumstances. Further, the polymer modified bitumen market is expected to witness significant growth in coming years due to the development of polymer modified bitumen with the incorporation of waste materials. The market players compete for a firm market position through mergers and acquisitions, product innovations, and business strategies. Thus, evolving research and developments in polymer modified bitumen are expected to help market players adopt innovative ways of product creation to cater to the growing needs of various end-use industries.