Asia Pacific Modified Bitumen Market Size & Outlook
Related Markets
Asia Pacific modified bitumen market highlights
- The Asia Pacific modified bitumen market generated a revenue of USD 12,602.1 million in 2024.
- The market is expected to grow at a CAGR of 7.5% from 2025 to 2030.
- In terms of segment, polymer-modified bitumen (pmb) was the largest revenue generating product in 2024.
- Natural Rubber Modified Bitumen (NRMB) is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2025 to 2030.
Asia Pacific data book summary
| Market revenue in 2024 | USD 12,602.1 million |
| Market revenue in 2030 | USD 19,292.0 million |
| Growth rate | 7.5% (CAGR from 2025 to 2030) |
| Largest segment | Polymer-modified bitumen (pmb) |
| Fastest growing segment | Natural Rubber Modified Bitumen (NRMB) |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polymer-modified Bitumen (PMB), Crumb Rubber-modified Bitumen (CRMB), Natural Rubber Modified Bitumen (NRMB), Other Product |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 29.5% of the global modified bitumen market in 2024.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 19,292.0 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Modified Bitumen Market Scope
Modified Bitumen Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| J.R. Mackays Diesel & Motor Engineering | View profile | 101-250 | Johannesburg, NA - South Africa, South Africa, Africa | http://jrmackays.co.za |
| Nynas | View profile | 1001-5000 | Stockholm, Stockholms Lan, Sweden, Europe | https://www.nynas.com/ |
| Icopal Group | View profile | 5001-10000 | Herlev, Hovedstaden, Denmark, Europe | http://www.icopal.com/ |
| GAF | View profile | 5001-10000 | Wayne, New Jersey, United States, North America | http://www.gaf.com/ |
| Paul Bauder GmbH & Co. KG | View profile | 501-1000 | Stuttgart, Baden-Wurttemberg, Germany, Europe | https://bauder.de |
| Sika AG | View profile | 33547 | Zugerstrasse 50, Baar, Switzerland, 6340 | https://www.sika.com |
| Carlisle Companies Inc | View profile | 11000 | 16430 North Scottsdale Road, Suite 400, Scottsdale, AZ, United States, 85254 | https://www.carlisle.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
Asia Pacific modified bitumen market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to modified bitumen market will help companies and investors design strategic landscapes.
Polymer-modified bitumen (pmb) was the largest segment with a revenue share of 61.4% in 2024. Horizon Databook has segmented the Asia Pacific modified bitumen market based on polymer-modified bitumen (pmb), crumb rubber-modified bitumen (crmb), natural rubber modified bitumen (nrmb), other product covering the revenue growth of each sub-segment from 2018 to 2030.
Reasons to subscribe to Asia Pacific modified bitumen market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific modified bitumen market databook
-
Our clientele includes a mix of modified bitumen market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific modified bitumen market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific modified bitumen market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific modified bitumen market size, by country, 2018-2030 (US$M)
Asia Pacific Modified Bitumen Market Outlook Share, 2024 & 2030 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
