Forecast of Global Polymer Modified Bitumen Market 2023

Global market for Polymer Modified Bitumen is expected to grow at a CAGR of roughly 4.4% over the next five years, will reach 10600 million US$ in 2023, from 8170 million US$ in 2017, according to a new study. Polymer Modified Bitumen has high elasticity and thermal stability. An asphalt concrete surface based on PMB is highly resistant to the formation of ruts, withstands high traffic loads, and is crack-resistant at low temperatures.