| Product Code: ETC5735837 | Publication Date: Nov 2023 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In the Serbia modified bitumen market, imports exhibited a significant upward trend, with a growth rate of 98.38% from 2023 to 2024. The compound annual growth rate (CAGR) for the period of 2020-2024 stood at 75.64%. This surge in imports can be attributed to increased demand for construction materials in infrastructure development projects within the region.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Serbia Modified Bitumen Market Overview |
3.1 Serbia Country Macro Economic Indicators |
3.2 Serbia Modified Bitumen Market Revenues & Volume, 2022 & 2032F |
3.3 Serbia Modified Bitumen Market - Industry Life Cycle |
3.4 Serbia Modified Bitumen Market - Porter's Five Forces |
3.5 Serbia Modified Bitumen Market Revenues & Volume Share, By Modifier Type, 2022 & 2032F |
3.6 Serbia Modified Bitumen Market Revenues & Volume Share, By Application Method, 2022 & 2032F |
3.7 Serbia Modified Bitumen Market Revenues & Volume Share, By End Use Industry, 2022 & 2032F |
4 Serbia Modified Bitumen Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing infrastructure development projects in Serbia |
4.2.2 Growing demand for durable and long-lasting road surfaces |
4.2.3 Favorable government regulations promoting the use of modified bitumen in construction projects |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in modified bitumen production |
4.3.2 Lack of awareness and technical expertise in handling modified bitumen |
4.3.3 Limited availability of skilled labor in the construction industry in Serbia |
5 Serbia Modified Bitumen Market Trends |
6 Serbia Modified Bitumen Market Segmentations |
6.1 Serbia Modified Bitumen Market, By Modifier Type |
6.1.1 Overview and Analysis |
6.1.2 Serbia Modified Bitumen Market Revenues & Volume, By SBS, 2022-2032F |
6.1.3 Serbia Modified Bitumen Market Revenues & Volume, By APP, 2022-2032F |
6.1.4 Serbia Modified Bitumen Market Revenues & Volume, By Crumb Rubber, 2022-2032F |
6.1.5 Serbia Modified Bitumen Market Revenues & Volume, By Natural Rubber, 2022-2032F |
6.2 Serbia Modified Bitumen Market, By Application Method |
6.2.1 Overview and Analysis |
6.2.2 Serbia Modified Bitumen Market Revenues & Volume, By Hot Asphalt, 2022-2032F |
6.2.3 Serbia Modified Bitumen Market Revenues & Volume, By Cold Asphalt, 2022-2032F |
6.2.4 Serbia Modified Bitumen Market Revenues & Volume, By Torch-Applied, 2022-2032F |
6.3 Serbia Modified Bitumen Market, By End Use Industry |
6.3.1 Overview and Analysis |
6.3.2 Serbia Modified Bitumen Market Revenues & Volume, By Road Construction, 2022-2032F |
6.3.3 Serbia Modified Bitumen Market Revenues & Volume, By Building Construction, 2022-2032F |
7 Serbia Modified Bitumen Market Import-Export Trade Statistics |
7.1 Serbia Modified Bitumen Market Export to Major Countries |
7.2 Serbia Modified Bitumen Market Imports from Major Countries |
8 Serbia Modified Bitumen Market Key Performance Indicators |
8.1 Adoption rate of modified bitumen in road construction projects |
8.2 Investment in research and development for improving the quality of modified bitumen |
8.3 Number of public-private partnerships in infrastructure projects utilizing modified bitumen |
9 Serbia Modified Bitumen Market - Opportunity Assessment |
9.1 Serbia Modified Bitumen Market Opportunity Assessment, By Modifier Type, 2022 & 2032F |
9.2 Serbia Modified Bitumen Market Opportunity Assessment, By Application Method, 2022 & 2032F |
9.3 Serbia Modified Bitumen Market Opportunity Assessment, By End Use Industry, 2022 & 2032F |
10 Serbia Modified Bitumen Market - Competitive Landscape |
10.1 Serbia Modified Bitumen Market Revenue Share, By Companies, 2025 |
10.2 Serbia Modified Bitumen Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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