The global polymer modified bitumen is conventionally going to reach 13.54 billion as per the new research report from G R Infra Projects Ltd. Most of the construction and infrastructure companies majorly using polymer modifies Bitumen because PMB available with load bearing capacity, lower maintenance cost, higher resistance which increases the road life as well as growth of driving. Due to increasing demand for housing and the road networks in India PMB market helps to fulfil the demand. As India has a big population and have huge construction activities demanding the use of polymer modified bitumen on a large scale.

From a research report, it is found that the demand of polymer modified bitumen is about 9888 Kilotons and it expected growth in market as infrastructure and construction market growing rapidly.

Classification of Polymer Modified Bitumen

The complete PMB market is classified into different roofing, piping, home construction, road construction based on the application and requirement. In all emulsion is another important segment divided into 2 different parts as paving and waterproofing. The use of waterproofing material and demand of good quality material in construction areas is increasing the market value of polymer modified bitumen. Based on the product the broad Polymer modified bitumen market is divided into 3 broad categories thermosetting polymer, thermoplastic polymer and thermoplastic elastomer.

The expansion of Indian roads by the government is analysed to be the biggest factor increased demand of polymer modified bitumen in India that propelling the PMB market. The positive look to increase longevity of building waterproof layers will definitely develop the PMB market in a positive way. Going forward, it is an acceptable matter showing the growth rate towards production, affordable pricing, and revenue of each PMB application.

About G R Infra Projects Ltd

G R Infraprojects Ltd is one of the best polymer modified bitumen manufacturers in India with commendable recommendation for providing the best quality in road construction field. The company has a well-known image in the market for providing high quality raw materials, construction equipment and application as per requirement.

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G R InfraProjects Ltd
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