Modified Asphalt In The Global Asphalt, Lubricating, Oil And Grease ManufacturinPosted by sainath on September 21st, 2018 The asphalt, lubricating oil and grease manufacturing market includes establishments manufacturing block, asphalt paving mixture, asphalt shingle, coating materials, petroleum lubricating oil and grease. Asphalt is a sticky, black and highly viscous liquid or semi-solid form of petroleum used for surfacing roads, flooring, and roofing. Read more at: The global asphalt, lubricating, oil and grease manufacturing market has been declining in the past years with a CAGR of almost -12%. TBRC’s latest report show the historic and future trends in the market for each year with sourced reasons to support the decline claims. The report also shows the global asphalt, lubricating, oil and grease manufacturing market to decline at a higher CAGR by 2021 as compared to 2017. Sample report: https://www.thebusinessresearchcompany.com/sample.aspx?id=88&type=smp Polymer modified asphalt (PMA), which is variation of traditional asphalt has been gaining popularity as it can be fixed at comparatively low temperatures and retains surface granules better compared to standard granules. Asphalts are mixed with elastomers to produce PMA which has higher rutting resistance and durability. Styrene-butadiene-styrene (SBS) and Styrene-butadiene rubber (SBR) are the most commonly used elastomers to produce PMA. For instance, the global PMA market grew by 7% during 2015-22, thus indicating high demand for PMA. Companies included in the report are Royal Dutch Shell, BP P.L.C., Gazprom Neft, CRH Plc, Owens Corning Sales LLC, Lafargeholcim Ltd, Valero, Imperial Oil Ltd, and Vulcan Materials Co. About The Business Research Company: The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally. Contact Information The Business Research Company Europe: +44 207 1930 708 Asia: +91 8897263534 Americas: +1 315 623 0293 Email: info@tbrc.info Like it? Share it! More by this author |