Top 10 Companies in the Global Crumb Rubber Modified Bitumen Market (2024): Infrastructure Innovators Paving the Way

In Business Insights
January 23, 2026


The Global Crumb Rubber Modified Bitumen Market was valued at USD 957.98 million in 2023 and is projected to reach USD 1283.79 million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 5.00% during the forecast period. This robust growth is driven by increasing global infrastructure development, stringent environmental regulations promoting sustainable construction practices, and the superior performance benefits of CRMB, such as enhanced pavement durability, resistance to rutting and cracking, and improved skid resistance.

As the world focuses on building resilient and long-lasting infrastructure, the demand for advanced paving materials like Crumb Rubber Modified Bitumen is surging. This specialized material, created by blending bitumen with crumb rubber derived from recycled tires, represents a significant step towards circular economy principles in the construction sector. In this blog, we profile the Top 10 Companies in the Crumb Rubber Modified Bitumen Industry—a mix of global energy giants, specialized chemical producers, and regional leaders who are shaping the future of modern road construction.

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🔟 1. Hincol

Headquarters: Johannesburg, South Africa
Key Offering: Hincol CRMB, Polymer Modified Bitumen, Bitumen Emulsions

Hincol is a leading supplier of modified bitumen products in Africa, with a strong focus on crumb rubber modification technologies. The company serves major road construction projects across the continent, providing high-performance solutions tailored to challenging climatic conditions. Their expertise lies in developing CRMB formulations that offer excellent elasticity and aging resistance.

Sustainability Initiatives:

  • Pioneering tire recycling and waste reduction programs in Southern Africa
  • Development of eco-friendly pavement solutions
  • Investment in R&D for next-generation modified binders

Download FREE Sample Report:
Global Crumb Rubber Modified Bitumen Market – View in Detailed Research Report


9️⃣ 2. TotalEnergies

Headquarters: Paris, France
Key Offering: TotalEnergies RUBBERBIT, Polymer Modified Bitumen, Bitumen for roads

TotalEnergies is a major global player in the bitumen market, with a comprehensive portfolio of modified binders, including its specialized CRMB product, RUBBERBIT. The company leverages its extensive refining capabilities and global distribution network to supply high-quality paving materials to infrastructure projects worldwide, with a strong presence in Europe, Africa, and the Middle East.

Sustainability Initiatives:

  • Commitment to circular economy through tire rubber utilization
  • Reduction of carbon footprint in road construction materials
  • Development of low-temperature paving technologies to save energy

8️⃣ 3. Repsol

Headquarters: Madrid, Spain
Key Offering: Repsol Crumb Rubber Modified Bitumen, BETUMEN RENEW

Repsol is a leading energy company with a significant bitumen division that has developed advanced crumb rubber modified bitumen solutions. The company focuses on innovation, having created products that improve road longevity and reduce maintenance needs. Repsol’s CRMB is used in high-traffic roads and airports, demonstrating its performance under demanding conditions.

Sustainability Initiatives:

  • Integration of recycled materials in core product lines
  • Research into bio-based modifiers for bitumen
  • Partnerships with road authorities for sustainable infrastructure

7️⃣ 4. Abhyudayam Energy

Headquarters: Kottayam, Kerala, India
Key Offering: CRMB 55, CRMB 60, Customized Crumb Rubber Modified Bitumen

Abhyudayam Energy specializes in petroleum products, including a range of crumb rubber modified bitumen grades tailored for the Indian subcontinent’s diverse climatic conditions. The company has established itself as a key supplier for national highway projects and state road development authorities, focusing on quality and consistency.

Innovation Focus:

  • Customized formulations for tropical and high-temperature regions
  • Adherence to MORTH (Ministry of Road Transport and Highways) specifications
  • Expansion of production capacity to meet growing infrastructure demands

6️⃣ 5. Raetex Doha

Headquarters: Doha, Qatar
Key Offering: Raetex CRMB, Modified Asphalt, Road Construction Solutions

Raetex Doha is a prominent supplier in the Middle East, providing specialized crumb rubber modified bitumen for the region’s massive infrastructure projects. The company has been instrumental in supplying materials for road networks supporting major events and urban development in Qatar and neighboring countries, where high temperatures necessitate superior performing asphalt.

Market Position:

  • Strategic supplier for GCC (Gulf Cooperation Council) infrastructure boom
  • Focus on high-temperature performance and durability
  • Strong logistics network for timely project delivery

Download FREE Sample Report:
Global Crumb Rubber Modified Bitumen Market – View in Detailed Research Report


5️⃣ 6. Baoli Group

Headquarters: Jiangsu, China
Key Offering: Baoli CRMB, SBS Modified Bitumen, Bitumen Flux

Baoli Group is a significant Chinese manufacturer of asphalt and modified bitumen products, including crumb rubber modified variants. The company caters to the vast domestic market, supporting China’s continuous infrastructure development, and is expanding its international footprint. Their integrated approach covers from raw material processing to finished product delivery.

Growth Strategy:

  • Vertical integration for cost efficiency and quality control
  • Expansion into Southeast Asian and African markets
  • Investment in automated production facilities

4️⃣ 7. Shell Bitumen

Headquarters: London, United Kingdom
Key Offering: Shell Bitumen CARBIT, Shell Thiopave, Polymer Modified Binders

Shell Bitumen is a global leader in bitumen technology, offering innovative solutions for the paving industry. While its product portfolio is diverse, the company has significant expertise and offerings in modified binders, with technologies that complement crumb rubber modification. Shell’s global R&D capabilities ensure its products meet the highest performance standards for roads and airports.

Technological Leadership:

  • World-class research centers focusing on pavement performance
  • Development of products that extend pavement service life
  • Global technical support and customer service network

3️⃣ 8. NuStar Energy

Headquarters: San Antonio, Texas, USA
Key Offering: Asphalt and Specialty Products, Potential for CRMB

NuStar Energy is one of the largest independent liquids terminal and pipeline operators in the US, with a substantial asphalt refining and marketing business. The company’s infrastructure positions it as a key supplier of base materials for modified bitumen production. As demand for CRMB grows in North America, NuStar’s logistical advantages make it a critical player in the supply chain.

Strategic Advantage:

  • Extensive storage and distribution network across the US
  • Strategic partnerships with refiners and modifiers
  • Focus on reliable supply for state DOT (Department of Transportation) projects

2️⃣ 9. Nynas AB

Headquarters: Stockholm, Sweden
Key Offering: Nynas Bitumen, NYFLEX, Polymer Modified Bitumen

Nynas is a global specialty oils company and a leading bitumen supplier, renowned for its high-quality products and technical expertise. The company produces a wide range of bitumen grades, including polymer-modified types, and has the capability to develop crumb rubber modified solutions. Nynas focuses on innovation, particularly for challenging climates and high-stress applications.

Innovation and Quality:

  • Focus on niche and high-performance applications
  • Strong R&D in sustainable and durable pavement solutions
  • Global presence with a reputation for product consistency

1️⃣ 10. Indian Oil Corporation Ltd. (IOCL)

Headquarters: New Delhi, India
Key Offering: INDMAX Bitumen, CRMB, Paving Grades

Indian Oil Corporation, India’s largest commercial enterprise, is a major producer and supplier of bitumen, including crumb rubber modified bitumen. IOCL plays a pivotal role in supporting the country’s ambitious infrastructure programs, such as the Bharatmala Pariyojana. The company’s extensive refinery network ensures a steady supply of base bitumen for modification, making it a cornerstone of the market.

National Impact:

  • Largest bitumen producer in India
  • Critical supplier for national highway development projects
  • Investment in R&D for sustainable and durable road materials

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Global Crumb Rubber Modified Bitumen Market – View in Detailed Research Report


🌍 Outlook: The Future of Road Construction Is Sustainable and Durable

The Crumb Rubber Modified Bitumen market is at a pivotal juncture, transitioning from a niche product to a mainstream paving solution. While conventional bitumen still holds a significant market share, the shift towards sustainable, high-performance materials is accelerating, driven by environmental concerns and the economic need for longer-lasting infrastructure.

📈 Key Trends Shaping the Market:

  • Stringent government regulations promoting the use of recycled materials in public works
  • Rising awareness of the economic benefits of longer pavement life cycles
  • Technological advancements in crumb rubber processing and blending techniques
  • Growing infrastructure investments in emerging economies across Asia and Africa

Get Full Report Here:
Global Crumb Rubber Modified Bitumen Market – View in Detailed Research Report

The companies listed above are not only supplying essential materials for today’s infrastructure—they are building the foundation for a more sustainable and resilient future for global transportation networks.