Increase in load bearing capacity and higher resistance to cracking & rutting leads to lower maintenance cost owing to the use of PMB, has resulted in driving growth. Addition of polymers to bitumen decreases the rolling resistance & road/tire noise thereby, improving fuel efficiency. The Global Polymer Modified Bitumen Market is expected to reach USD 13.34 billion by 2022, according to a new report by Grand View Research, Inc. Expansion of road networks globally to improve connectivity is expected to augment demand. Polymer modified asphalt was widely used for road construction accounting for over 70% of the global volume share in 2014. The global demand for polymer modified bitumen was 9,888.1 kilo tons in 2014 and is expected to witness growth over the forecast period on account of rising number of infrastructure projects. Upgrading existing highways, widening existing roads and constructing new highways, particularly in Asia Pacific and MEA is expected to fuel grow