Global modified bitumen market 2024-2028

Description

List of Tables

The modified bitumen market is forecasted to grow by USD 2911.3 mn during 2023-2028, accelerating at a CAGR of 4.36% during the forecast period. The report on the modified bitumen market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by global increase in road construction activities, superior properties of modified bitumen, and surge in real estate sector activities.

Technavio's modified bitumen market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	4.11%
CAGR	4.36%
Incremental Value	$2911.3mn

ByEnd-user

Road Construction
Building Construction
Others

ByApplication

Hot Asphalt Method
Cold Asphalt Method
Torch Applied Method

ByGeography

APAC
North America
Europe
Middle East and Africa
South America

This study identifies the rising use of reclaimed modified bitumen products as one of the prime reasons driving the modified bitumen market growth during the next few years. Also, advances in modified bitumen and rising demand for polymer-modified bitumen (PMB) will lead to sizable demand in the market.

The report on the modified bitumen market covers the following areas:

Modified bitumen market sizing
Modified bitumen market forecast
Modified bitumen market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading modified bitumen market vendors that include 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., Jiangsu Baoli International Investment Co. Ltd., Nynas AB, Polski Koncern Naftowy ORLEN SA, Repsol SA, Rosneft Oil Co., Shell plc, Sika AG, SK Innovation Co. Ltd., and SOPREMA SAS. Also, the modified bitumen market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR44640

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 Geographical Landscape
- 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 Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 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 Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ 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
12.17 SOPREMA SAS
- SOPREMA SAS - Overview
- SOPREMA SAS - Product / Service
- SOPREMA SAS - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
13.9 360 degree market analysis
- 360 degree market analysis
13.10 List of abbreviations
- List of abbreviations