The Modified Bitumen market is expected to grow from an estimated USD 24.56 Billion in 2024 to USD 41.49 Billion in 2033, at a CAGR of 6.00%
Rapid industrialization in emerging economies, as well as increased road construction, repair, and maintenance activities, are the primary drivers of market expansion. Polymer modified bitumen, including thermoplastic elastomer, asphalt modifiers, and plastomers, is widely utilized in road and building construction due to increased features such as high strength, higher elasticity, and minimal maintenance.
The report offers a comprehensive analysis of the competitive landscape of the market through extensive profiling of the key competitors. The section on the competitive analysis covers product portfolio, company overview, production and manufacturing capacity, financial standing, revenue and gross profit margins, and market position. It also sheds light on the mergers and acquisitions, joint ventures, collaborations, and partnerships occurring in the market. The report pays special heed to the emerging business components, niche sectors, and product launches and brand promotions occurring in the market to help the readers make fruitful investment strategies.
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Competitive Outlook: The leading companies operating in the Plastics market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Plastics Market and Profiled in the Report are:
Bitumina Group, Dow, Inc., Colas SA, DuPont de Nemours, Firestone Building Products Company, ExxonMobil Corporation, Fosroc International Ltd., Gazprom Neft PJSC, GAF Materials LLC, Global Road Technology International Ltd., Lagan Asphalt Group, Hindustan Colas Private Limited, Nynas AB, PJSC Rosneft Oil Company, Orlen Asfalt Sp. Z.O.O., Royal Dutch Shell PLC, Soprema Group, Saint-Gobain Weber, Soprema Group, Sika AG, Texsa Systems Slu, W. R. Grace & Co, Total SA.
Objectives of the Report:
Study of the global Plastics market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Plastics market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Plastics market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Plastics market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
- Styrene Butadiene Styrene (SBS)
- Atactic Polypropylene (APP)
- Natural Rubber
- Crumb Rubber
- Road Construction
- Building Construction
more
Regional Analysis:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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