Bitumen Modifier Market - Top Companies and Manufacturers

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

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Bitumen Modifier Market Size, Growth Forecast 2025-2037

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.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of bitumen modifier is assessed at USD 23.54 billion.

The bitumen modifier market size was over USD 22.5 billion in 2024 and is projected to reach USD 46.83 billion by 2037, growing at around 5.8% CAGR during the forecast period i.e., between 2025-2037. Increasing construction sector, and rising infrastructure industry will drive the market growth.

Asia Pacific industry is expected to hold largest revenue share of 36% by 2037, attributed to increasing infrastructure sector in countries such as China and India.

The major players in the market include Repsol, S.A., 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

Bitumen Modifier Market - Top Companies and Manufacturers

Companies Dominating the Bitumen Modifier Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How much is the bitumen modifier market worth?

Why is the demand for bitumen modifier growing?

Which region dominated the majority of bitumen modifier industry share?

Who are the top bitumen modifier companies?