Bitumen Modifier Market Size & Share, by Type (Atactic Polypropylene, Crumb, Natural Rubber, Styrene-Butadiene-Styrene); Application (Hot, Cold Asphalt, Torch Applied); End-user (Construction, Infrastructure) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 4089
  • Published Date: Apr 04, 2023
  • Report Format: PDF, PPT

Companies Dominating the Bitumen Modifier Landscape

    • Repsol, S.A.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • China Petroleum & Chemical Corporation
    • ExxonMobil Corporation
    • Valero Energy Corporation
    • Marathon Petroleum Corporation
    • Shell International B.V.
    • Petróleo Brasileiro S.A.
    • Chevron Corporation
    • Schlumberger Limited
    • CNOOC Limited

Browse Key Market Insights with Data Illustration:


In The News

  • Schlumberger Limited launched EcoShield geopolymer cement-free system, in order to prevent up to 5 million metric tonnes of CO2 emissions yearly. Further, the cement-free technology may be used in a number of well life cycle phases, including abandonment, in harsh settings, and a variety of outdoor applications.

  • Shell International B.V. introduced Shell Bitumen CarbonSink, an innovative bio-component binder that keeps carbon inside of roadways rather than releasing it back into the atmosphere. Further, the technological carbon sink lowers the carbon footprints of one tonne of bitumen and one tonne of bitumen by up to 250 kg and 13 kg, respectively, of CO2 equivalent.



Author Credits:  Smruti Ranjan, Rajrani Baghel

  • Report ID: 4089
  • Published Date: Apr 04, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing construction sector, and rising infrastructure industry are the major factors driving the market growth.

The market size of bitumen modifier is anticipated to attain a CAGR of ~6% over the forecast period, i.e., 2023-2035.

Usage of alternative materials, such as cement, and varying prices of oil and petrochemical are estimated to be the growth hindering factors for the market expansion

The market in the Asian Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are ExxonMobil Corporation, Valero Energy Corporation, Marathon Petroleum Corporation, Shell International B.V., Petróleo Brasileiro S.A., Chevron Corporation, Schlumberger Limited, CNOOC Limited, and others.

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue-generating capacity as well as the new products being launched into the market by the company.

The market is segmented by type, application, end-user industry, and by region.

The infrastructure segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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