Polymer Modified Bitumen Roofing Market High Demand, Future Scope, Recent Trends, Applications

Polymer Modified Bitumen Roofing Market

Polymer Modified Bitumen (PMB) Market: Overview

Polymer modified bitumen (PMB) is a binder consisting of polymeric material that is dispersed in bitumen with enhanced binder performance for various applications. Polymer modified bitumen (PMB) can also be blended by using bitumen and crumb rubber. Polymer modified bitumen (PMB) is used to improve the performance of binders on heavily distressed or trafficked pavements, often in adverse climatic conditions.

Polymer modified bitumen (PMB) imparts various improvements when used in construction activities. These include increase in elasticity or resilience, increase in cohesion, low temperature susceptibility, and improvement in tenacity once a bond has been established. In terms of sprayed sealing, performance improvements include lower risk of bleeding, improved crack resistance, better aggregate retention, and less deformation at high temperatures.

Get Boucher Copy of the Report:  https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=57822 

These improvements are the basis of the usage of polymer modified bitumen (PMB) in strain alleviating membranes (SAMs), strain alleviating membrane interlayers (SAMIs), and high-stress seals (HSSs).

Polymer Modified Bitumen (PMB) Market: Trends & Demands

Polymer modified bitumen (PMB) is employed extensively in road construction due to the rise in economic development in developing economies. This is encouraging companies to invest more in research and development of new additives. In turn, this is anticipated to drive the polymer modified bitumen (PMB) market in the near future. Furthermore, rise in demand for more durable pavement materials in various applications is estimated to boost the demand for polymer modified bitumen (PMB) during the forecast period.

Companies operating in the global polymer modified bitumen (PMB) market strive to explore new and better ways to manufacture polymer modified bitumen (PMB). Development of new processes to produce polymer modified bitumen (PMB) is estimated to propel the market in the near future. However, volatility in prices of raw materials is projected to hamper the polymer modified bitumen (PMB) market during the forecast period.

Polymer Modified Bitumen (PMB) Market:  Key Segments

In terms of product, the polymer modified bitumen (PMB) market can be bifurcated into thermoplastic elastomers and plastomers. The thermoplastic elastomers segment is projected to expand at a rapid pace in the next few years due to the rise in need for high strength pavements in developing economies such as China, India, and Brazil.

Take Enquiry before buying: https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=57822 

Based on application, the polymer modified bitumen (PMB) market can be divided into road construction and roof construction. The road construction segment is likely to expand at a significant pace during the forecast period due to the consistent usage of polymer modified bitumen (PMB) in highways across the globe.

Polymer Modified Bitumen (PMB) Market: Regional Outlook

In terms of region, the global polymer modified bitumen (PMB) market can be segregated into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. Europe and North America are anticipated to constitute major share of the global polymer modified bitumen (PMB) market during the forecast period. The polymer modified bitumen (PMB) market in Asia Pacific is likely to expand at a rapid pace due to the rise in per capita income in developing economies such as China and India.

Increase in per capita income is boosting the spending power of consumers. This, in turn, is estimated to propel the demand for high quality products in Asia Pacific. Additionally, growth in usage of polymer modified bitumen (PMB) in making highways is fueling the PMB market in the region. Middle East & Africa is expected to be a lucrative region of the global polymer modified bitumen (PMB) market during the forecast period, led by the rise in demand for polymer modified bitumen (PMB) in the high load bearing roads in the region.

Contact For Customized Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=57822 

Polymer Modified Bitumen (PMB) Market: Key Players

Prominent players operating in the global polymer modified bitumen (PMB) market include Total S.A., Nynas AB, Benzene International Pte. Ltd., and Hindustan Colas Private Limited (HINCOL). These players engage in research & development activities, strategic alliances, and mergers & acquisitions to gain market share.

Related Reports Reports by TMR: 

Calcium Carbonate Market: https://www.transparencymarketresearch.com/calcium-carbonate-market.html

Conductive Inks Market: https://www.transparencymarketresearch.com/conductive-ink-market.html

Textile Chemicals Market: https://www.transparencymarketresearch.com/textile-chemicals-market.html

Paving Materials Market: https://www.transparencymarketresearch.com/paving-materials-market.html

Ferrosilicon Market: https://www.transparencymarketresearch.com/ferrosilicon-market.html

About Us Section:

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyse information.

Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the unified market intelligence engine. Sign Up for a 7 day free trial!

Contact Us

Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

 

 

Comments

Post a Comment

Popular posts from this blog

Generator (Up to 20 kVA) Market Technology, Future Trends, Opportunities, Growth Factors, Demand, and Trends

Image
Global Generator (Up to 20 kVA) Market: Key Highlights ·          The global  generator (up to 20 kVA) market  was valued at  ~US$ 2.2 Bn in 2018,  and is anticipated to expand at a CAGR of  5.5%  during the forecast period. ·          Among the fuel types, the diesel segment accounted for a major share of the global generator (up to 20 kVA) market in  2018.  Diesel generators are the primarily employed generators across the globe. ·          Among the power ratings, the 16 kVA - 20 kVA segment held a significant share of the global generator (up to 20 kVA) market in  2018,  due to the high use of 16 kVA – 20 kVA generators and flexibility in fuel usage, ease of installation, and diverse range of applications offered by these generators in commercial and small industrial sectors across the world. ·   ...
Read more

Re-refined Lubricant Market Recent Trends, Growth Analysis Report, Insights, Outlook, Industry Analysis and Forecasts 2031

Image
  Re-refined Lubricant: Introduction Lubricants are imperative for smooth functioning and operation of mechanical devices and equipment. Several lubricants are used in industrial and automotive applications, namely engine oils, transmission oils, gear oils, transformer oils, and turbine oils. These  lubricants , which are 85% base oils and 15% additives, keep friction between contacting surfaces low and improve their lifespan. These lubricants are often collected and processed at the end of their lifespan. Most of the used lubricants, post collection, are used as fuel; however, some of these are cleaned, processed, and fractionated. The re-refining process initiates with the collection of waste lube oils. Solid contaminants and water are removed from the collected lube oils. The mixture is then made ready for further processing. This mixture is distilled to eliminate low hydrocarbons and solvents. Waste lubricating oil consists of toxic wastes in large amounts. Disposal of tox...
Read more

Non-leather Products Market Growth, Analysis, Opportunities and Top Companies and Business Development Forecast

Image
  With rising awareness about animal cruelty and strict regulatory policies issued by the governmental and regulatory authorities, the non-leather products market is expected to witness a highly promising growth. There are several other materials that are used in place of non-leather products such as artificial leather (also called as synthetic or vegan leather) along with other materials. These non-leather materials are mainly promoted to promote animal safety and eliminating animal cruelty. Get a Sample Copy of the Report:  https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=61836   Non-leather materials are typically used across several application industries such as upholstery, footwear, clothing, and fabric among others. These materials provide leather like finish and higher sustainability. It is cost efficient that the actual leather product and also suitable for other related tasks. In recent years, the production process has evolved ...
Read more