North America Modified Bitumen Market Size & Outlook
The modified bitumen market in North America is expected to reach a projected revenue of US$ 12,327.3 million by 2030. A compound annual growth rate of 7% is expected of North America modified bitumen market from 2025 to 2030.
- Materials
- Construction Materials
- Modified Bitumen Market Outlook
- Construction Materials
Revenue, 2024 (US$M)
$8,251.5
Forecast, 2030 (US$M)
$12,327.3
CAGR, 2025 - 2030
7.0%
Report Coverage
North America
North America Modified Bitumen Market, 2018-2030 (US$M)
Global Market
Related Markets
Prism AI by Grand View ResearchFree to try
Ask a question about the modified bitumen market
Every figure cited from GVR research
North America modified bitumen market highlights
- The North America modified bitumen market generated a revenue of USD 8,251.5 million in 2024.
- The market is expected to grow at a CAGR of 7% 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, U.S. is expected to register the highest CAGR from 2025 to 2030.
North America data book summary
| Market revenue in 2024 | USD 8,251.5 million |
| Market revenue in 2030 | USD 12,327.3 million |
| Growth rate | 7% (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, North America region accounted for 19.3% 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*
Publish Date: Mar 05, 2025
Customize the Report
20% free customization
- Include
- Countries, segments, points
- Tailor
- To your product definition
- Extend
- Deeper competitor detail
- Or
- A fully bespoke study
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 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 |
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 65.4% in 2024.
Horizon Databook has segmented the 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.
- 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
- North America Modified Bitumen Market End Use Outlook (Revenue, USD Million , 2018-2030)
- Road Construction
- Waterproofing and Roofing
- Other End Use
Reasons to subscribe to Modified Bitumen Market Outlook 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 Modified Bitumen Market Outlook databook
- Our clientele includes a mix of Modified Bitumen Market Outlook 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 North America Modified Bitumen Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into North America Modified Bitumen Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
North America Modified Bitumen Market, 2018-2030 (US$M)
North America Product - Modified Bitumen Market Statistics, 2024 - 2030 (US$M)
