Mexico - North America Modified Bitumen Market Size & Outlook
The modified bitumen market in Mexico - North America is expected to reach a projected revenue of US$ 2,544.1 million by 2030. A compound annual growth rate of 5.2% is expected of Mexico - North America modified bitumen market from 2025 to 2030.
- Materials
- Construction Materials
- Modified Bitumen Market Outlook
- Construction Materials
Revenue, 2024 (US$M)
$1,879.5
Forecast, 2030 (US$M)
$2,544.1
CAGR, 2025 - 2030
5.2%
Report Coverage
Mexico
Mexico - North America Modified Bitumen Market, 2018-2030 (US$M)
Global Market
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Mexico modified bitumen market highlights
- The Mexico modified bitumen market generated a revenue of USD 1,879.5 million in 2024 and is expected to reach USD 2,544.1 million by 2030.
- The Mexico market is expected to grow at a CAGR of 5.2% 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.
Modified bitumen market data book summary
| Market revenue in 2024 | USD 1,879.5 million |
| Market revenue in 2030 | USD 2,544.1 million |
| Growth rate | 5.2% (CAGR from 2025 to 2030) |
| Largest segment | Polymer-modified bitumen (pmb) |
| Fastest growing segment | Natural Rubber Modified Bitumen (NRMB) |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 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, Mexico accounted for 4.4% of the global modified bitumen market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. modified bitumen market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 6,334.9 million by 2030.
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Publish Date: Mar 05, 2025
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Modified Bitumen Market Scope
Modified Bitumen Market segmentation & scope
Modified Bitumen Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Basf SE | View profile | 111,855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | www.basf.com |
| Carlisle Companies Inc | View profile | 11,000 | 16430 North Scottsdale Road, Suite 400, Scottsdale, AZ, United States, 85254 | www.carlisle.com |
| Sika AG | View profile | 33,547 | Zugerstrasse 50, Baar, Switzerland, 6340 | www.sika.com |
| Paul Bauder GmbH & Co. KG | View profile | 501-1000 | Stuttgart, Baden-Wurttemberg, Germany, Europe | bauder.de |
| GAF | View profile | 5001-10000 | Wayne, New Jersey, United States, North America | www.gaf.com/ |
| Icopal Group | View profile | 5001-10000 | Herlev, Hovedstaden, Denmark, Europe | www.icopal.com/ |
| Nynas | View profile | 1001-5000 | Stockholm, Stockholms Lan, Sweden, Europe | www.nynas.com/ |
| J.R. Mackays Diesel & Motor Engineering | View profile | 101-250 | Johannesburg, NA - South Africa, South Africa, Africa | jrmackays.co.za |
Mexico - North America 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 Outlook will help companies and investors design strategic landscapes.
Polymer-Modified Bitumen (Pmb) was the largest segment with a revenue share of 88.97% in 2024.
Horizon Databook has segmented the Mexico - North America 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.
- Mexico - North America Modified Bitumen Market Product Outlook (Revenue, USD Million , 2018-2030)
- Polymer-modified Bitumen (PMB)
- Crumb Rubber-modified Bitumen (CRMB)
- Natural Rubber Modified Bitumen (NRMB)
- Other Product
- Mexico - North America Modified Bitumen Market End Use Outlook (Revenue, USD Million , 2018-2030)
- Road Construction
- Waterproofing and Roofing
- Other End Use
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico - North America Modified Bitumen Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Mexico - North America Modified Bitumen Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Mexico - North America Modified Bitumen Market, 2018-2030 (US$M)
Mexico Product - Modified Bitumen Market Statistics, 2024 - 2030 (US$M)
