China Modified Bitumen Market Size & Outlook, 2025-2030
Related Markets
China modified bitumen market highlights
- The China modified bitumen market generated a revenue of USD 3,557.3 million in 2024 and is expected to reach USD 5,899.2 million by 2030.
- The China market is expected to grow at a CAGR of 8.9% from 2025 to 2030.
- In terms of segment, crumb rubber-modified bitumen (crmb) 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 3,557.3 million |
| Market revenue in 2030 | USD 5,899.2 million |
| Growth rate | 8.9% (CAGR from 2025 to 2030) |
| Largest segment | Crumb rubber-modified bitumen (crmb) |
| 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, China accounted for 8.3% 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 Asia Pacific, China modified bitumen market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 5,899.2 million by 2030.
No credit card required*
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 Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| J.R. Mackays Diesel & Motor Engineering | View profile | 101-250 | Johannesburg, NA - South Africa, South Africa, Africa | http://jrmackays.co.za |
| Nynas | View profile | 1001-5000 | Stockholm, Stockholms Lan, Sweden, Europe | https://www.nynas.com/ |
| Icopal Group | View profile | 5001-10000 | Herlev, Hovedstaden, Denmark, Europe | http://www.icopal.com/ |
| GAF | View profile | 5001-10000 | Wayne, New Jersey, United States, North America | http://www.gaf.com/ |
| Paul Bauder GmbH & Co. KG | View profile | 501-1000 | Stuttgart, Baden-Wurttemberg, Germany, Europe | https://bauder.de |
| Sika AG | View profile | 33547 | Zugerstrasse 50, Baar, Switzerland, 6340 | https://www.sika.com |
| Carlisle Companies Inc | View profile | 11000 | 16430 North Scottsdale Road, Suite 400, Scottsdale, AZ, United States, 85254 | https://www.carlisle.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
China 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 will help companies and investors design strategic landscapes.
Crumb rubber-modified bitumen (crmb) was the largest segment with a revenue share of 42.36% in 2024. Horizon Databook has segmented the China 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.
Reasons to subscribe to China modified bitumen market 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 China modified bitumen market databook
-
Our clientele includes a mix of modified bitumen market 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 country-level data and insights on the China modified bitumen market , including forecasts for subscribers. This country databook contains high-level insights into China modified bitumen market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
China Product - Modified Bitumen Market size, 2024 - 2030 (US$M)
China Modified Bitumen Market Outlook Share, 2024 & 2030 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
