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Global Modified Bitumen Market Research Report 2025
Published Date: May 2025
|
Report Code: QYRE-Auto-19C709
Home | Market Reports | Business & Industrial| Energy & Utilities| Oil & Gas
Global Modified Bitumen Market Insights and Forecast to 2028
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Global Modified Bitumen Market Research Report 2025

Code: QYRE-Auto-19C709
Report
May 2025
Pages:105
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES
FEATURED COMPANIES
Shell
ExxonMobil
TIPCO ASPHALT
Colas
Nynas
Baolirus
Guochuang Hi-tech
Nichireki
Gazprom Neft
Gazprom Neft PJSC
Total Bitumen
SK Energy
Breedon
Husky Energy
Associated Asphalt
Wright Asphalt Products

Modified Bitumen Market Size

The global market for Modified Bitumen was valued at US$ 11080 million in the year 2024 and is projected to reach a revised size of US$ 13590 million by 2031, growing at a CAGR of 3.0% during the forecast period.

Modified Bitumen Market

Modified Bitumen Market

Modified Bitumen (MB) refers to a type of asphalt where polymer additives, such as Styrene-Butadiene-Styrene (SBS), are incorporated into traditional bitumen to enhance its performance characteristics. This modification significantly improves the material's durability, flexibility, and resistance to deformation and fatigue. As a result, MB extends the lifespan of roadways and reduces maintenance costs, making it a preferred choice for infrastructure projects. Major global manufacturers of MB include Total, Shell, ExxonMobil, SK, and others, with the top ten companies commanding approximately 44.0% of the market share as of 2023. SBS-modified bitumen is the leading product in this category, holding around 60.4% of the market segment.
The demand for MB is primarily driven by its superior performance and the increasing investment in infrastructure from both government and private sectors. The trend towards sustainable and durable road construction further enhances MB's popularity. However, the higher production costs and the complexity of manufacturing MB compared to traditional asphalt pose significant barriers to its widespread adoption. Despite these challenges, the shift towards sustainable building practices presents a substantial opportunity for MB. Ongoing research and technological advancements in the field are expected to develop more cost-effective and efficient MB products, potentially broadening its market reach and increasing its appeal in environmentally-conscious projects.
The Modified Bitumen (MB) market is experiencing significant growth due to the increasing emphasis on sustainable infrastructure and high-performance materials. As governments and private sectors prioritize long-lasting and environmentally friendly construction solutions, MB is gaining traction due to its enhanced durability and recyclability. Additionally, advancements in polymer technology are driving innovations in MB formulations, leading to improved performance characteristics and cost-effectiveness. The trend towards urbanization and infrastructure development in emerging economies is also contributing to the expanding demand for MB. Consequently, the market is expected to continue growing, driven by both technological advancements and a heightened focus on sustainability.
Regulatory frameworks and technological advancements are also shaping the Modified Bitumen (MB) market. Stringent regulations related to road safety, environmental impact, and energy efficiency are promoting the adoption of MB, which offers superior performance in terms of road longevity and reduced maintenance needs. Governments worldwide are implementing standards that mandate the use of high-quality materials for infrastructure projects, further driving MB demand. Concurrently, technological innovations in polymer chemistry and manufacturing processes are enhancing MB properties, such as its resistance to extreme temperatures and heavy traffic loads. These advancements are making MB more accessible and cost-effective, contributing to its growing popularity in both developed and developing markets. As a result, the MB industry is poised for robust growth, with ongoing research and development playing a crucial role in meeting evolving market demands and regulatory requirements.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Modified Bitumen, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Modified Bitumen.
The Modified Bitumen market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Modified Bitumen market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Modified Bitumen manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation

Scope of Modified Bitumen Market Report

Report Metric Details
Report Name Modified Bitumen Market
Accounted market size in year US$ 11080 million
Forecasted market size in 2031 US$ 13590 million
CAGR 3.0%
Base Year year
Forecasted years 2025 - 2031
by Type
by Application
  • Road Construction & Paving
  • Roofing
  • Others
Production by Region
  • Europe
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
Consumption by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)
By Company Total Bitumen, Shell, SK energy, ExxonMobil, TIPCO ASPHALT, Colas, Nynas, Gazprom Neft PJSC, Breedon, Baolirus, Husky Energy, Associated Asphalt, Wright Asphalt Products, Guochuang Hi-tech, Nichireki
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
  • Chapter 2: Detailed analysis of Modified Bitumen manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 3: Production/output, value of Modified Bitumen by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
  • Chapter 4: Consumption of Modified Bitumen in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
  • Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
  • Chapter 10: The main points and conclusions of the report.

FAQ for this report

How fast is Modified Bitumen Market growing?

Ans: The Modified Bitumen Market witnessing a CAGR of 3.0% during the forecast period 2025-2031.

What is the Modified Bitumen Market size in 2031?

Ans: The Modified Bitumen Market size in 2031 will be US$ 13590 million.

What is the market share of major companies in Modified Bitumen Market?

Ans: Major global manufacturers of MB include Total, Shell, ExxonMobil, SK, and others, with the top ten companies commanding approximately 44.0% of the market share as of 2023.

Who are the main players in the Modified Bitumen Market report?

Ans: The main players in the Modified Bitumen Market are Total Bitumen, Shell, SK energy, ExxonMobil, TIPCO ASPHALT, Colas, Nynas, Gazprom Neft PJSC, Breedon, Baolirus, Husky Energy, Associated Asphalt, Wright Asphalt Products, Guochuang Hi-tech, Nichireki

What are the Application segmentation covered in the Modified Bitumen Market report?

Ans: The Applications covered in the Modified Bitumen Market report are Road Construction & Paving, Roofing, Others

What are the Type segmentation covered in the Modified Bitumen Market report?

Ans: The Types covered in the Modified Bitumen Market report are SBS Modified Asphalt, Plastomer Modified Asphalt, Crumb Rubber Modified Asphalt, Others

Recommended Reports

Modified Asphalt Products

Bitumen Emulsions & Additives

Polymer & SBS Additives

1 Modified Bitumen Market Overview
1.1 Product Definition
1.2 Modified Bitumen by Type
1.2.1 Global Modified Bitumen Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 SBS Modified Asphalt
1.2.3 Plastomer Modified Asphalt
1.2.4 Crumb Rubber Modified Asphalt
1.2.5 Others
1.3 Modified Bitumen by Application
1.3.1 Global Modified Bitumen Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Road Construction & Paving
1.3.3 Roofing
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global Modified Bitumen Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Modified Bitumen Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Modified Bitumen Production Estimates and Forecasts (2020-2031)
1.4.4 Global Modified Bitumen Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Modified Bitumen Production Market Share by Manufacturers (2020-2025)
2.2 Global Modified Bitumen Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Modified Bitumen, Industry Ranking, 2023 VS 2024
2.4 Global Modified Bitumen Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Modified Bitumen Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Modified Bitumen, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Modified Bitumen, Product Offered and Application
2.8 Global Key Manufacturers of Modified Bitumen, Date of Enter into This Industry
2.9 Modified Bitumen Market Competitive Situation and Trends
2.9.1 Modified Bitumen Market Concentration Rate
2.9.2 Global 5 and 10 Largest Modified Bitumen Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Modified Bitumen Production by Region
3.1 Global Modified Bitumen Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Modified Bitumen Production Value by Region (2020-2031)
3.2.1 Global Modified Bitumen Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Modified Bitumen by Region (2026-2031)
3.3 Global Modified Bitumen Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Modified Bitumen Production Volume by Region (2020-2031)
3.4.1 Global Modified Bitumen Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Modified Bitumen by Region (2026-2031)
3.5 Global Modified Bitumen Market Price Analysis by Region (2020-2025)
3.6 Global Modified Bitumen Production and Value, Year-over-Year Growth
3.6.1 Europe Modified Bitumen Production Value Estimates and Forecasts (2020-2031)
3.6.2 China Modified Bitumen Production Value Estimates and Forecasts (2020-2031)
3.6.3 Japan Modified Bitumen Production Value Estimates and Forecasts (2020-2031)
3.6.4 South Korea Modified Bitumen Production Value Estimates and Forecasts (2020-2031)
3.6.5 Southeast Asia Modified Bitumen Production Value Estimates and Forecasts (2020-2031)
3.6.6 India Modified Bitumen Production Value Estimates and Forecasts (2020-2031)
4 Modified Bitumen Consumption by Region
4.1 Global Modified Bitumen Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Modified Bitumen Consumption by Region (2020-2031)
4.2.1 Global Modified Bitumen Consumption by Region (2020-2025)
4.2.2 Global Modified Bitumen Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Modified Bitumen Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Modified Bitumen Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Modified Bitumen Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Modified Bitumen Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Modified Bitumen Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Modified Bitumen Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Modified Bitumen Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Modified Bitumen Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Modified Bitumen Production by Type (2020-2031)
5.1.1 Global Modified Bitumen Production by Type (2020-2025)
5.1.2 Global Modified Bitumen Production by Type (2026-2031)
5.1.3 Global Modified Bitumen Production Market Share by Type (2020-2031)
5.2 Global Modified Bitumen Production Value by Type (2020-2031)
5.2.1 Global Modified Bitumen Production Value by Type (2020-2025)
5.2.2 Global Modified Bitumen Production Value by Type (2026-2031)
5.2.3 Global Modified Bitumen Production Value Market Share by Type (2020-2031)
5.3 Global Modified Bitumen Price by Type (2020-2031)
6 Segment by Application
6.1 Global Modified Bitumen Production by Application (2020-2031)
6.1.1 Global Modified Bitumen Production by Application (2020-2025)
6.1.2 Global Modified Bitumen Production by Application (2026-2031)
6.1.3 Global Modified Bitumen Production Market Share by Application (2020-2031)
6.2 Global Modified Bitumen Production Value by Application (2020-2031)
6.2.1 Global Modified Bitumen Production Value by Application (2020-2025)
6.2.2 Global Modified Bitumen Production Value by Application (2026-2031)
6.2.3 Global Modified Bitumen Production Value Market Share by Application (2020-2031)
6.3 Global Modified Bitumen Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Total Bitumen
7.1.1 Total Bitumen Modified Bitumen Company Information
7.1.2 Total Bitumen Modified Bitumen Product Portfolio
7.1.3 Total Bitumen Modified Bitumen Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Total Bitumen Main Business and Markets Served
7.1.5 Total Bitumen Recent Developments/Updates
7.2 Shell
7.2.1 Shell Modified Bitumen Company Information
7.2.2 Shell Modified Bitumen Product Portfolio
7.2.3 Shell Modified Bitumen Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Shell Main Business and Markets Served
7.2.5 Shell Recent Developments/Updates
7.3 SK energy
7.3.1 SK energy Modified Bitumen Company Information
7.3.2 SK energy Modified Bitumen Product Portfolio
7.3.3 SK energy Modified Bitumen Production, Value, Price and Gross Margin (2020-2025)
7.3.4 SK energy Main Business and Markets Served
7.3.5 SK energy Recent Developments/Updates
7.4 ExxonMobil
7.4.1 ExxonMobil Modified Bitumen Company Information
7.4.2 ExxonMobil Modified Bitumen Product Portfolio
7.4.3 ExxonMobil Modified Bitumen Production, Value, Price and Gross Margin (2020-2025)
7.4.4 ExxonMobil Main Business and Markets Served
7.4.5 ExxonMobil Recent Developments/Updates
7.5 TIPCO ASPHALT
7.5.1 TIPCO ASPHALT Modified Bitumen Company Information
7.5.2 TIPCO ASPHALT Modified Bitumen Product Portfolio
7.5.3 TIPCO ASPHALT Modified Bitumen Production, Value, Price and Gross Margin (2020-2025)
7.5.4 TIPCO ASPHALT Main Business and Markets Served
7.5.5 TIPCO ASPHALT Recent Developments/Updates
7.6 Colas
7.6.1 Colas Modified Bitumen Company Information
7.6.2 Colas Modified Bitumen Product Portfolio
7.6.3 Colas Modified Bitumen Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Colas Main Business and Markets Served
7.6.5 Colas Recent Developments/Updates
7.7 Nynas
7.7.1 Nynas Modified Bitumen Company Information
7.7.2 Nynas Modified Bitumen Product Portfolio
7.7.3 Nynas Modified Bitumen Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Nynas Main Business and Markets Served
7.7.5 Nynas Recent Developments/Updates
7.8 Gazprom Neft PJSC
7.8.1 Gazprom Neft PJSC Modified Bitumen Company Information
7.8.2 Gazprom Neft PJSC Modified Bitumen Product Portfolio
7.8.3 Gazprom Neft PJSC Modified Bitumen Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Gazprom Neft PJSC Main Business and Markets Served
7.8.5 Gazprom Neft PJSC Recent Developments/Updates
7.9 Breedon
7.9.1 Breedon Modified Bitumen Company Information
7.9.2 Breedon Modified Bitumen Product Portfolio
7.9.3 Breedon Modified Bitumen Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Breedon Main Business and Markets Served
7.9.5 Breedon Recent Developments/Updates
7.10 Baolirus
7.10.1 Baolirus Modified Bitumen Company Information
7.10.2 Baolirus Modified Bitumen Product Portfolio
7.10.3 Baolirus Modified Bitumen Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Baolirus Main Business and Markets Served
7.10.5 Baolirus Recent Developments/Updates
7.11 Husky Energy
7.11.1 Husky Energy Modified Bitumen Company Information
7.11.2 Husky Energy Modified Bitumen Product Portfolio
7.11.3 Husky Energy Modified Bitumen Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Husky Energy Main Business and Markets Served
7.11.5 Husky Energy Recent Developments/Updates
7.12 Associated Asphalt
7.12.1 Associated Asphalt Modified Bitumen Company Information
7.12.2 Associated Asphalt Modified Bitumen Product Portfolio
7.12.3 Associated Asphalt Modified Bitumen Production, Value, Price and Gross Margin (2020-2025)
7.12.4 Associated Asphalt Main Business and Markets Served
7.12.5 Associated Asphalt Recent Developments/Updates
7.13 Wright Asphalt Products
7.13.1 Wright Asphalt Products Modified Bitumen Company Information
7.13.2 Wright Asphalt Products Modified Bitumen Product Portfolio
7.13.3 Wright Asphalt Products Modified Bitumen Production, Value, Price and Gross Margin (2020-2025)
7.13.4 Wright Asphalt Products Main Business and Markets Served
7.13.5 Wright Asphalt Products Recent Developments/Updates
7.14 Guochuang Hi-tech
7.14.1 Guochuang Hi-tech Modified Bitumen Company Information
7.14.2 Guochuang Hi-tech Modified Bitumen Product Portfolio
7.14.3 Guochuang Hi-tech Modified Bitumen Production, Value, Price and Gross Margin (2020-2025)
7.14.4 Guochuang Hi-tech Main Business and Markets Served
7.14.5 Guochuang Hi-tech Recent Developments/Updates
7.15 Nichireki
7.15.1 Nichireki Modified Bitumen Company Information
7.15.2 Nichireki Modified Bitumen Product Portfolio
7.15.3 Nichireki Modified Bitumen Production, Value, Price and Gross Margin (2020-2025)
7.15.4 Nichireki Main Business and Markets Served
7.15.5 Nichireki Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Modified Bitumen Industry Chain Analysis
8.2 Modified Bitumen Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Modified Bitumen Production Mode & Process Analysis
8.4 Modified Bitumen Sales and Marketing
8.4.1 Modified Bitumen Sales Channels
8.4.2 Modified Bitumen Distributors
8.5 Modified Bitumen Customer Analysis
9 Modified Bitumen Market Dynamics
9.1 Modified Bitumen Industry Trends
9.2 Modified Bitumen Market Drivers
9.3 Modified Bitumen Market Challenges
9.4 Modified Bitumen Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
FEATURED COMPANIES
Shell
ExxonMobil
TIPCO ASPHALT
Colas
Nynas
Baolirus
Guochuang Hi-tech
Nichireki
Gazprom Neft
Gazprom Neft PJSC
Total Bitumen
SK Energy
Breedon
Husky Energy
Associated Asphalt
Wright Asphalt Products
List of Tables
 Table 1. Global Modified Bitumen Market Value by Type, (US$ Million) & (2024 VS 2031)
 Table 2. Global Modified Bitumen Market Value by Application, (US$ Million) & (2024 VS 2031)
 Table 3. Global Modified Bitumen Production Capacity (K MT) by Manufacturers in 2024
 Table 4. Global Modified Bitumen Production by Manufacturers (2020-2025) & (K MT)
 Table 5. Global Modified Bitumen Production Market Share by Manufacturers (2020-2025)
 Table 6. Global Modified Bitumen Production Value by Manufacturers (2020-2025) & (US$ Million)
 Table 7. Global Modified Bitumen Production Value Share by Manufacturers (2020-2025)
 Table 8. Global Key Players of Modified Bitumen, Industry Ranking, 2023 VS 2024
 Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Modified Bitumen as of 2024)
 Table 10. Global Market Modified Bitumen Average Price by Manufacturers (USD/MT) & (2020-2025)
 Table 11. Global Key Manufacturers of Modified Bitumen, Manufacturing Base Distribution and Headquarters
 Table 12. Global Key Manufacturers of Modified Bitumen, Product Offered and Application
 Table 13. Global Key Manufacturers of Modified Bitumen, Date of Enter into This Industry
 Table 14. Global Modified Bitumen Manufacturers Market Concentration Ratio (CR5 and HHI)
 Table 15. Mergers & Acquisitions, Expansion Plans
 Table 16. Global Modified Bitumen Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 17. Global Modified Bitumen Production Value (US$ Million) by Region (2020-2025)
 Table 18. Global Modified Bitumen Production Value Market Share by Region (2020-2025)
 Table 19. Global Modified Bitumen Production Value (US$ Million) Forecast by Region (2026-2031)
 Table 20. Global Modified Bitumen Production Value Market Share Forecast by Region (2026-2031)
 Table 21. Global Modified Bitumen Production Comparison by Region: 2020 VS 2024 VS 2031 (K MT)
 Table 22. Global Modified Bitumen Production (K MT) by Region (2020-2025)
 Table 23. Global Modified Bitumen Production Market Share by Region (2020-2025)
 Table 24. Global Modified Bitumen Production (K MT) Forecast by Region (2026-2031)
 Table 25. Global Modified Bitumen Production Market Share Forecast by Region (2026-2031)
 Table 26. Global Modified Bitumen Market Average Price (USD/MT) by Region (2020-2025)
 Table 27. Global Modified Bitumen Market Average Price (USD/MT) by Region (2026-2031)
 Table 28. Global Modified Bitumen Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K MT)
 Table 29. Global Modified Bitumen Consumption by Region (2020-2025) & (K MT)
 Table 30. Global Modified Bitumen Consumption Market Share by Region (2020-2025)
 Table 31. Global Modified Bitumen Forecasted Consumption by Region (2026-2031) & (K MT)
 Table 32. Global Modified Bitumen Forecasted Consumption Market Share by Region (2026-2031)
 Table 33. North America Modified Bitumen Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K MT)
 Table 34. North America Modified Bitumen Consumption by Country (2020-2025) & (K MT)
 Table 35. North America Modified Bitumen Consumption by Country (2026-2031) & (K MT)
 Table 36. Europe Modified Bitumen Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K MT)
 Table 37. Europe Modified Bitumen Consumption by Country (2020-2025) & (K MT)
 Table 38. Europe Modified Bitumen Consumption by Country (2026-2031) & (K MT)
 Table 39. Asia Pacific Modified Bitumen Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K MT)
 Table 40. Asia Pacific Modified Bitumen Consumption by Region (2020-2025) & (K MT)
 Table 41. Asia Pacific Modified Bitumen Consumption by Region (2026-2031) & (K MT)
 Table 42. Latin America, Middle East & Africa Modified Bitumen Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K MT)
 Table 43. Latin America, Middle East & Africa Modified Bitumen Consumption by Country (2020-2025) & (K MT)
 Table 44. Latin America, Middle East & Africa Modified Bitumen Consumption by Country (2026-2031) & (K MT)
 Table 45. Global Modified Bitumen Production (K MT) by Type (2020-2025)
 Table 46. Global Modified Bitumen Production (K MT) by Type (2026-2031)
 Table 47. Global Modified Bitumen Production Market Share by Type (2020-2025)
 Table 48. Global Modified Bitumen Production Market Share by Type (2026-2031)
 Table 49. Global Modified Bitumen Production Value (US$ Million) by Type (2020-2025)
 Table 50. Global Modified Bitumen Production Value (US$ Million) by Type (2026-2031)
 Table 51. Global Modified Bitumen Production Value Market Share by Type (2020-2025)
 Table 52. Global Modified Bitumen Production Value Market Share by Type (2026-2031)
 Table 53. Global Modified Bitumen Price (USD/MT) by Type (2020-2025)
 Table 54. Global Modified Bitumen Price (USD/MT) by Type (2026-2031)
 Table 55. Global Modified Bitumen Production (K MT) by Application (2020-2025)
 Table 56. Global Modified Bitumen Production (K MT) by Application (2026-2031)
 Table 57. Global Modified Bitumen Production Market Share by Application (2020-2025)
 Table 58. Global Modified Bitumen Production Market Share by Application (2026-2031)
 Table 59. Global Modified Bitumen Production Value (US$ Million) by Application (2020-2025)
 Table 60. Global Modified Bitumen Production Value (US$ Million) by Application (2026-2031)
 Table 61. Global Modified Bitumen Production Value Market Share by Application (2020-2025)
 Table 62. Global Modified Bitumen Production Value Market Share by Application (2026-2031)
 Table 63. Global Modified Bitumen Price (USD/MT) by Application (2020-2025)
 Table 64. Global Modified Bitumen Price (USD/MT) by Application (2026-2031)
 Table 65. Total Bitumen Modified Bitumen Company Information
 Table 66. Total Bitumen Modified Bitumen Specification and Application
 Table 67. Total Bitumen Modified Bitumen Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 68. Total Bitumen Main Business and Markets Served
 Table 69. Total Bitumen Recent Developments/Updates
 Table 70. Shell Modified Bitumen Company Information
 Table 71. Shell Modified Bitumen Specification and Application
 Table 72. Shell Modified Bitumen Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 73. Shell Main Business and Markets Served
 Table 74. Shell Recent Developments/Updates
 Table 75. SK energy Modified Bitumen Company Information
 Table 76. SK energy Modified Bitumen Specification and Application
 Table 77. SK energy Modified Bitumen Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 78. SK energy Main Business and Markets Served
 Table 79. SK energy Recent Developments/Updates
 Table 80. ExxonMobil Modified Bitumen Company Information
 Table 81. ExxonMobil Modified Bitumen Specification and Application
 Table 82. ExxonMobil Modified Bitumen Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 83. ExxonMobil Main Business and Markets Served
 Table 84. ExxonMobil Recent Developments/Updates
 Table 85. TIPCO ASPHALT Modified Bitumen Company Information
 Table 86. TIPCO ASPHALT Modified Bitumen Specification and Application
 Table 87. TIPCO ASPHALT Modified Bitumen Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 88. TIPCO ASPHALT Main Business and Markets Served
 Table 89. TIPCO ASPHALT Recent Developments/Updates
 Table 90. Colas Modified Bitumen Company Information
 Table 91. Colas Modified Bitumen Specification and Application
 Table 92. Colas Modified Bitumen Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 93. Colas Main Business and Markets Served
 Table 94. Colas Recent Developments/Updates
 Table 95. Nynas Modified Bitumen Company Information
 Table 96. Nynas Modified Bitumen Specification and Application
 Table 97. Nynas Modified Bitumen Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 98. Nynas Main Business and Markets Served
 Table 99. Nynas Recent Developments/Updates
 Table 100. Gazprom Neft PJSC Modified Bitumen Company Information
 Table 101. Gazprom Neft PJSC Modified Bitumen Specification and Application
 Table 102. Gazprom Neft PJSC Modified Bitumen Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 103. Gazprom Neft PJSC Main Business and Markets Served
 Table 104. Gazprom Neft PJSC Recent Developments/Updates
 Table 105. Breedon Modified Bitumen Company Information
 Table 106. Breedon Modified Bitumen Specification and Application
 Table 107. Breedon Modified Bitumen Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 108. Breedon Main Business and Markets Served
 Table 109. Breedon Recent Developments/Updates
 Table 110. Baolirus Modified Bitumen Company Information
 Table 111. Baolirus Modified Bitumen Specification and Application
 Table 112. Baolirus Modified Bitumen Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 113. Baolirus Main Business and Markets Served
 Table 114. Baolirus Recent Developments/Updates
 Table 115. Husky Energy Modified Bitumen Company Information
 Table 116. Husky Energy Modified Bitumen Specification and Application
 Table 117. Husky Energy Modified Bitumen Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 118. Husky Energy Main Business and Markets Served
 Table 119. Husky Energy Recent Developments/Updates
 Table 120. Associated Asphalt Modified Bitumen Company Information
 Table 121. Associated Asphalt Modified Bitumen Specification and Application
 Table 122. Associated Asphalt Modified Bitumen Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 123. Associated Asphalt Main Business and Markets Served
 Table 124. Associated Asphalt Recent Developments/Updates
 Table 125. Wright Asphalt Products Modified Bitumen Company Information
 Table 126. Wright Asphalt Products Modified Bitumen Specification and Application
 Table 127. Wright Asphalt Products Modified Bitumen Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 128. Wright Asphalt Products Main Business and Markets Served
 Table 129. Wright Asphalt Products Recent Developments/Updates
 Table 130. Guochuang Hi-tech Modified Bitumen Company Information
 Table 131. Guochuang Hi-tech Modified Bitumen Specification and Application
 Table 132. Guochuang Hi-tech Modified Bitumen Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 133. Guochuang Hi-tech Main Business and Markets Served
 Table 134. Guochuang Hi-tech Recent Developments/Updates
 Table 135. Nichireki Modified Bitumen Company Information
 Table 136. Nichireki Modified Bitumen Specification and Application
 Table 137. Nichireki Modified Bitumen Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 138. Nichireki Main Business and Markets Served
 Table 139. Nichireki Recent Developments/Updates
 Table 140. Key Raw Materials Lists
 Table 141. Raw Materials Key Suppliers Lists
 Table 142. Modified Bitumen Distributors List
 Table 143. Modified Bitumen Customers List
 Table 144. Modified Bitumen Market Trends
 Table 145. Modified Bitumen Market Drivers
 Table 146. Modified Bitumen Market Challenges
 Table 147. Modified Bitumen Market Restraints
 Table 148. Research Programs/Design for This Report
 Table 149. Key Data Information from Secondary Sources
 Table 150. Key Data Information from Primary Sources
 Table 151. Authors List of This Report


List of Figures
 Figure 1. Product Picture of Modified Bitumen
 Figure 2. Global Modified Bitumen Market Value by Type, (US$ Million) & (2020-2031)
 Figure 3. Global Modified Bitumen Market Share by Type: 2024 VS 2031
 Figure 4. SBS Modified Asphalt Product Picture
 Figure 5. Plastomer Modified Asphalt Product Picture
 Figure 6. Crumb Rubber Modified Asphalt Product Picture
 Figure 7. Others Product Picture
 Figure 8. Global Modified Bitumen Market Value by Application, (US$ Million) & (2020-2031)
 Figure 9. Global Modified Bitumen Market Share by Application: 2024 VS 2031
 Figure 10. Road Construction & Paving
 Figure 11. Roofing
 Figure 12. Others
 Figure 13. Global Modified Bitumen Production Value (US$ Million), 2020 VS 2024 VS 2031
 Figure 14. Global Modified Bitumen Production Value (US$ Million) & (2020-2031)
 Figure 15. Global Modified Bitumen Production Capacity (K MT) & (2020-2031)
 Figure 16. Global Modified Bitumen Production (K MT) & (2020-2031)
 Figure 17. Global Modified Bitumen Average Price (USD/MT) & (2020-2031)
 Figure 18. Modified Bitumen Report Years Considered
 Figure 19. Modified Bitumen Production Share by Manufacturers in 2024
 Figure 20. Global Modified Bitumen Production Value Share by Manufacturers (2024)
 Figure 21. Modified Bitumen Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 22. The Global 5 and 10 Largest Players: Market Share by Modified Bitumen Revenue in 2024
 Figure 23. Global Modified Bitumen Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Figure 24. Global Modified Bitumen Production Value Market Share by Region: 2020 VS 2024 VS 2031
 Figure 25. Global Modified Bitumen Production Comparison by Region: 2020 VS 2024 VS 2031 (K MT)
 Figure 26. Global Modified Bitumen Production Market Share by Region: 2020 VS 2024 VS 2031
 Figure 27. Europe Modified Bitumen Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 28. China Modified Bitumen Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 29. Japan Modified Bitumen Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 30. South Korea Modified Bitumen Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 31. Southeast Asia Modified Bitumen Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 32. India Modified Bitumen Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 33. Global Modified Bitumen Consumption by Region: 2020 VS 2024 VS 2031 (K MT)
 Figure 34. Global Modified Bitumen Consumption Market Share by Region: 2020 VS 2024 VS 2031
 Figure 35. North America Modified Bitumen Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 36. North America Modified Bitumen Consumption Market Share by Country (2020-2031)
 Figure 37. U.S. Modified Bitumen Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 38. Canada Modified Bitumen Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 39. Europe Modified Bitumen Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 40. Europe Modified Bitumen Consumption Market Share by Country (2020-2031)
 Figure 41. Germany Modified Bitumen Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 42. France Modified Bitumen Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 43. U.K. Modified Bitumen Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 44. Italy Modified Bitumen Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 45. Russia Modified Bitumen Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 46. Asia Pacific Modified Bitumen Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 47. Asia Pacific Modified Bitumen Consumption Market Share by Region (2020-2031)
 Figure 48. China Modified Bitumen Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 49. Japan Modified Bitumen Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 50. South Korea Modified Bitumen Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 51. China Taiwan Modified Bitumen Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 52. Southeast Asia Modified Bitumen Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 53. India Modified Bitumen Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 54. Latin America, Middle East & Africa Modified Bitumen Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 55. Latin America, Middle East & Africa Modified Bitumen Consumption Market Share by Country (2020-2031)
 Figure 56. Mexico Modified Bitumen Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 57. Brazil Modified Bitumen Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 58. Turkey Modified Bitumen Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 59. GCC Countries Modified Bitumen Consumption and Growth Rate (2020-2031) & (K MT)
 Figure 60. Global Production Market Share of Modified Bitumen by Type (2020-2031)
 Figure 61. Global Production Value Market Share of Modified Bitumen by Type (2020-2031)
 Figure 62. Global Modified Bitumen Price (USD/MT) by Type (2020-2031)
 Figure 63. Global Production Market Share of Modified Bitumen by Application (2020-2031)
 Figure 64. Global Production Value Market Share of Modified Bitumen by Application (2020-2031)
 Figure 65. Global Modified Bitumen Price (USD/MT) by Application (2020-2031)
 Figure 66. Modified Bitumen Value Chain
 Figure 67. Channels of Distribution (Direct Vs Distribution)
 Figure 68. Bottom-up and Top-down Approaches for This Report
 Figure 69. Data Triangulation
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SIMILAR REPORTS

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