The global Plastomer Modified Asphalt market was valued at US$ 1,234 million in 2022 and is projected to reach US$ 1,789 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.8% during the forecast period (2023–2030). This growth is being driven by expanding infrastructure projects worldwide, increasing demand for durable road surfacing materials, and the rising adoption of advanced polymer-modified solutions to improve asphalt performance in harsh weather conditions and high-traffic areas.

The USA market for Global Plastomer Modified Asphalt market is estimated to increase from USD 350 million in 2022 to reach USD 510 million by 2030, at a CAGR of 4.8% during the forecast period of 2023 through 2030.

The China market for Global Plastomer Modified Asphalt market is estimated to increase from USD 250 million in 2022 to reach USD 420 million by 2030, at a CAGR of 6.7% during the forecast period of 2023 through 2030.

The Europe market for Global Plastomer Modified Asphalt market is estimated to increase from USD 280 million in 2022 to reach USD 410 million by 2030, at a CAGR of 5.0% during the forecast period of 2023 through 2030.

As the construction industry evolves toward more resilient and eco-friendly materials, the focus turns to innovative suppliers who enhance the elasticity, thermal stability, and longevity of asphalt. Plastomer Modified Bitumen, with its high resistance to rutting under heavy loads and cracking in cold temperatures, is gaining traction in road paving and roofing applications. In this blog, we profile the Top 10 Companies in the Plastomer Modified Asphalt Industry—a blend of global chemical giants, oil refiners, and specialized asphalt producers leading the charge in durable infrastructure solutions.

---

🔟 1. DuPont

Headquarters: Wilmington, Delaware, USA
Key Offering: Polymer-modified asphalt additives, PE-based plastomers for bitumen enhancement

DuPont stands as a pioneer in polymer technologies, providing advanced plastomer solutions that improve the flexibility and durability of asphalt mixtures. Their products are widely used in highway construction and airport runways, where resistance to deformation and weathering is critical. With a strong emphasis on research, DuPont integrates plastomers like polyethylene into bitumen to create high-performance pavements that last longer under demanding conditions.

Sustainability Initiatives:

• Development of low-carbon polymer blends for sustainable asphalt

• Partnerships with construction firms for customized road surfacing solutions

• Commitment to reducing environmental impact through recyclable materials

Download FREE Sample Report: Plastomer Modified Asphalt Market – View in Detailed Research Report

---

9️⃣ 2. TotalEnergies

Headquarters: Courbevoie, France
Key Offering: Plastomer-modified bitumen, integrated asphalt production for infrastructure

TotalEnergies leverages its extensive refining capabilities to produce high-quality plastomer-modified asphalt suited for heavy-duty roads and industrial applications. Operating across Europe and beyond, the company supplies materials that enhance asphalt’s elasticity and resistance to temperature extremes, supporting major infrastructure developments. Their approach combines traditional bitumen with innovative plastomers to meet evolving regulatory standards for road durability.

Sustainability Initiatives:

• Investment in bio-based plastomers to lower carbon footprints

• Collaborations with governments on sustainable paving projects

• Expansion of production facilities to meet Asia-Pacific demand

---

8️⃣ 3. Shell

Headquarters: London, United Kingdom
Key Offering: Bitumen with PE plastomer modifiers, specialized coatings for roads and roofing

Shell’s bitumen division excels in delivering plastomer-modified asphalt that withstands high traffic volumes and extreme climates. With a global network of refineries, they ensure consistent quality for projects ranging from urban highways to airport tarmacs. Shell’s focus on polymer integration helps prevent common issues like cracking and rutting, making their products a preferred choice in competitive markets.

Sustainability Initiatives:

• Research into recycled plastomers for circular economy applications

• Supply chain optimizations for faster delivery to construction sites

• Targets for 20% reduction in material emissions by 2030

---

7️⃣ 4. SK (SK Innovation)

Headquarters: Seoul, South Korea
Key Offering: High-performance PE-modified asphalt, solutions for Asian infrastructure

SK Innovation plays a key role in the Asia-Pacific region, producing plastomer-modified asphalt that boosts thermal stability and load-bearing capacity. Their products support rapid urbanization in South Korea and neighboring countries, where durable roads are essential for economic growth. By incorporating advanced plastomers, SK ensures asphalt pavements remain intact longer, reducing maintenance costs significantly.

Sustainability Initiatives:

• Advancement in nano-plastomer technologies for ultra-durable surfaces

• Joint ventures with local governments for green road initiatives

• Goal to increase recyclable content in asphalt formulations

Download FREE Sample Report: Plastomer Modified Asphalt Market – View in Detailed Research Report

---

6️⃣ 5. ExxonMobil

Headquarters: Irving, Texas, USA
Key Offering: ExxonMobil Asphalt, plastomer-enhanced bitumen for paving and industrial use

ExxonMobil’s asphalt business delivers robust plastomer-modified products that excel in high-traffic environments. Their solutions enhance bitumen’s plasticity through polyethylene additives, ideal for highways and bridges. With a strong presence in North America, ExxonMobil drives innovation in material science to create asphalt that resists weathering and extends service life, aligning with global infrastructure needs.

Sustainability Initiatives:

• Development of hybrid plastomer-polymer blends

• Partnerships for smart road technologies integration

• Commitment to net-zero operations in asphalt production

---

5️⃣ 6. TIPCO ASPHALT

Headquarters: Bangkok, Thailand
Key Offering: Specialized plastomer-modified asphalt for tropical climates, road and airport applications

TIPCO ASPHALT specializes in tailored solutions for Southeast Asia, where plastomer modifications help combat heat-induced softening in asphalt. Their products provide superior rut resistance and longevity in humid, high-load conditions. As a regional leader, TIPCO supports large-scale projects by supplying consistent, high-elasticity bitumen that meets international standards.

Sustainability Initiatives:

• Focus on climate-resilient formulations with enhanced plastomers

• Expansion into sustainable sourcing of raw materials

• Training programs for contractors on advanced asphalt application

---

4️⃣ 7. Colas

Headquarters: Boulogne-Billancourt, France
Key Offering: Colas Bitumen, PE-plastomer modified for road surfacing and maintenance

Colas, a subsidiary of Bouygues, leads in Europe with plastomer-modified asphalt that improves pavement performance under diverse traffic and weather scenarios. Their innovative mixing processes ensure uniform polymer distribution, resulting in crack-resistant and durable surfaces. Colas’s expertise spans from urban roads to national highways, emphasizing efficiency and sustainability.

Sustainability Initiatives:

• R&D in bio-plastomers for reduced environmental impact

• Digital tools for asphalt quality monitoring during construction

• Targets for 15% market share growth in emerging regions

---

3️⃣ 8. Nynas

Headquarters: Stockholm, Sweden
Key Offering: Nynas Bitumen, high-grade plastomer-modified for roofing and paving

Nynas specializes in specialty bitumens, incorporating plastomers to enhance elasticity and adhesion in asphalt applications. Their products are designed for challenging environments, offering resistance to low temperatures and heavy wear. With refineries focused on quality, Nynas serves European and global markets, contributing to longer-lasting infrastructure.

Sustainability Initiatives:

• Advancements in low-sulfur plastomer integrations

• Collaborations for recycled asphalt pavement enhancements

• Sustainability goals including carbon-neutral bitumen by 2040

Download FREE Sample Report: Plastomer Modified Asphalt Market – View in Detailed Research Report

---

2️⃣ 9. Gazprom Neft PJSC

Headquarters: Saint Petersburg, Russia
Key Offering: Gazprom Bitumen, plastomer-modified for industrial and road projects

Gazprom Neft’s bitumen arm produces reliable plastomer-enhanced asphalt for Russia’s vast road network and exports to CIS countries. Their formulations provide excellent thermal stability, crucial for extreme continental climates. By optimizing polymer-bitumen blends, Gazprom supports efficient construction and maintenance, ensuring roads endure heavy freight traffic.

Sustainability Initiatives:

• Research on synthetic plastomers for harsh conditions

• Integration of local resources for cost-effective production

• Expansion plans for Eastern European markets

---

1️⃣ 10. Lagan Asphalt Group

Headquarters: Belfast, United Kingdom
Key Offering: Advanced plastomer-modified asphalt, comprehensive road solutions

Lagan Asphalt Group tops the list with its integrated approach to plastomer-modified asphalt, serving the UK and Ireland’s infrastructure needs. Their products feature polyethylene modifiers for superior flexibility and rut resistance, ideal for high-volume roadways. As a full-service provider, Lagan combines production with on-site expertise to deliver resilient pavements that minimize disruptions.

Sustainability Initiatives:

• Development of smart, sensor-embedded asphalt mixtures

• Strong emphasis on recycling and waste reduction in production

• Strategic alliances for UK-wide green infrastructure projects

Get Full Report Here: Plastomer Modified Asphalt Market – View in Detailed Research Report

---

🌍 Outlook: The Future of Plastomer Modified Asphalt Is More Resilient and Sustainable

The plastomer modified asphalt market is experiencing steady evolution. While conventional asphalt remains prevalent, investments in polymer enhancements are surging to meet the demands of modern infrastructure. This shift promises longer-lasting roads, reduced repair frequency, and lower overall lifecycle costs, driven by global urbanization and climate challenges.

Plastomer Modified Asphalt’s core appeal lies in its three-component production process: base bitumen, plasticizers for better polymer dispersion, and the plastomer itself, typically polyethylene, which imparts elasticity and stability. This combination results in surfaces that resist rut formation under heavy loads, maintain integrity in high temperatures, and avoid cracking in cold weather. As governments prioritize durable transport networks, the adoption of these materials in road construction and paving—accounting for over 70% of applications—is accelerating. Roofing and other uses follow closely, benefiting from the enhanced waterproofing and flexibility.

Regionally, North America leads with stringent standards for highway performance, where plastomer modifications help extend pavement life by up to 50% in high-traffic zones. Europe’s focus on sustainability pushes for eco-friendly variants, while Asia-Pacific, particularly China and India, sees explosive growth due to massive infrastructure investments. The PE Modified Asphalt segment dominates, projected to capture the largest share through 2030, thanks to its cost-effectiveness and proven performance.

Challenges persist, including raw material price volatility and the need for specialized mixing equipment. However, opportunities abound in emerging markets and the push for green alternatives. The influence of events like COVID-19 highlighted supply chain resilience, while geopolitical tensions, such as the Russia-Ukraine situation, have prompted diversification in sourcing. Overall, the market’s top players hold about 45% revenue share, underscoring an oligopolistic structure ripe for strategic mergers.

📈 Key Trends Shaping the Market:

• Rapid infrastructure development in Asia-Pacific, driving over 40% of global demand growth

• Regulatory mandates for durable, low-emission materials in EU and US road projects

• Integration of recycled plastics into plastomer formulations for circular economy benefits

• Advancements in production technologies for more efficient polymer-bitumen blending

Get Full Report Here: Plastomer Modified Asphalt Market – View in Detailed Research Report

The companies profiled here are not only supplying essential materials for global roads—they’re pioneering the next generation of sustainable, high-performance asphalt that supports safer, more efficient transportation networks worldwide.