POLYMER MODIFIED BITUMEN (PMB)

18 Aug.,2025

 

POLYMER MODIFIED BITUMEN (PMB)

WHAT IS POLYMER MODIFIED BITUMEN (PMB)?

Polymer Modified Bitumen (PMB) has polymer additions to improve its characteristics. Bitumen, a thick, black, sticky substance produced from crude oil distillation, is used to bond roads.

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The addition of polymers to bitumen modifies its physical and chemical characteristics, making it more robust, resilient, and resistant to temperature fluctuations, rutting, cracking, and aging. PMB is utilized in road building, roofing, waterproofing, and other civil engineering applications.

Styrene-butadiene-styrene (SBS), styrene-butadiene rubber (SBR), ethylene-vinyl acetate (EVA), and polyethylene may change bitumen (PE). Polymer choice relies on PMB characteristics and application.

Polymers increase performance and endurance to bitumen, making it a desirable building material.

POLYMER MODIFIED BITUMEN (PMB) HISTORY

Delving into the intriguing journey of Polymer Modified Bitumen, or PMB, we must rewind the clock back to the early 20th century. This was when asphalt material science started making leaps in understanding and practicality. However, the birth of PMB, as we recognize it today, wasn’t until the s when German inventors utilized polymers to enhance the properties of bitumen.

PMB’s existence traces back to the desire to improve bitumen’s durability and resilience, particularly for road construction. This new variant of bitumen, also known as modified bitumen or elastomer modified bitumen, provided a significant increase in performance. It extended the lifespan of roads, reducing maintenance frequency, and proved vital in withstanding diverse climatic conditions.

Progress in the field of PMB was slow yet steady during the mid-20th century. It wasn’t until the s that PMB’s use took a real upswing, especially in Europe. This advancement was due to the commercial production of Styrene-Butadiene-Styrene (SBS) polymers, a critical component in PMB production. The new material provided enhanced elasticity, improved resistance to deformation, and heightened temperature stability.

In the early s, with the development of the Functional Polymer Modified Bitumen (FunPMB), PMB started stepping into an era of sustainable and functional road building. The Functional PMB proved advantageous for their environmental benefits, including reduced emissions during production and installation, and noise reduction for the end-user.

Today, PMB is considered an essential tool in the construction industry, promising sustainability, durability, and superior performance. The journey of PMB reflects our constant pursuit for improvement and innovation, signifying the role of materials science in shaping our infrastructural future.

As we continue to traverse this road, we are equipped with the power of history and the promise of science, driving the evolution of products like PMB. Here’s to paving the way forward with Polymer Modified Bitumen, transforming landscapes and setting new standards in infrastructure development.

POLYMER MODIFIED BITUMEN OTHER NAMES

Polymer Modified Bitumen, a vital material in construction, particularly in paving and roofing applications, is known by several other names, including:

  1. Modified Bitumen – General term used to indicate bitumen enhanced with polymers.
  2. PMB – Abbreviation commonly used in technical contexts.
  3. Polymer-Modified Asphalt – Refers to asphalt modified with polymers, often used interchangeably with PMB.
  4. Polymer-Modified Binder – Emphasizes the role as a binding agent in road construction.
  5. Elastomer-Modified Bitumen – Specific to bitumen modified with elastomeric polymers such as SBS (Styrene-Butadiene-Styrene).
  6. Plastomer-Modified Bitumen – Specific to bitumen modified with plastomeric polymers such as EVA (Ethylene Vinyl Acetate).
  7. Rubberized Bitumen – Indicates modification with rubber or rubber-like polymers.
  8. High-Performance Bitumen – Emphasizes enhanced performance characteristics.
  9. Bitumen PMB – Another term emphasizing the polymer modification aspect.
  10. Thermoplastic Elastomer Modified Bitumen – Indicates modification with thermoplastic elastomers.
  11. Polymer Asphalt Binder – Used in the context of polymer-modified asphalt binders.
  12. SBS-Modified Bitumen – Specific to bitumen modified with SBS.
  13. EVA-Modified Bitumen – Specific to bitumen modified with EVA.
  14. Bitumen Rubber – Refers to rubber-modified bitumen.
  15. Thermoplastic Bitumen – Indicates the use of thermoplastic polymers for modification.
  16. Latex-Modified Bitumen – Refers to bitumen modified with latex polymers.

These names all refer to Bitumen that has been altered by the addition of polymers to enhance its physical properties, including durability, flexibility, and resistance to environmental elements. The specific name used often depends on the type of polymer added or the application the modified bitumen is intended for.

POLYMER MODIFIED BITUMEN (PMB) HS CODE, CHEMICAL FORMULA AND CAS NUMBER

The Harmonized System (HS) Code for Polymer Modified Bitumen falls under the category of , specifically , which comprises bituminous mixtures based on natural asphalt, natural bitumen, petroleum bitumen, mineral tar or mineral tar pitch.

As for its chemical composition, PMB doesn’t have a specific chemical formula due to its complex, varied structure depending on the type of polymer used. However, the chemical formula for bitumen, which is the base material for PMB, is roughly C25H32. The specific structure and formula will change with the addition of polymers.

Likewise, due to the varied nature of the PMB depending on the specific polymer modification, there isn’t a single Chemical Abstracts Service (CAS) number applicable. The CAS number for Bitumen is -42-4. Polymers used, such as APP or SBS, have their own CAS numbers: -07-0 and -55-8 respectively.

POLYMER MODIFIED BITUMEN (PMB) COMPONENTS AND MATERIALS

Polymer Modified Bitumen (PMB) is a composite material that consists of the following primary components:

  1. Bitumen: Bitumen, also known as asphalt, is a sticky, black, highly viscous liquid or semi-solid form of petroleum. It forms the base of PMB and is the component that provides the initial adhesive and waterproofing characteristics.

  2. Polymers: Polymers are added to the bitumen to improve its physical properties. There are primarily two types of polymers used:

    • Elastomeric Polymers: These polymers, including Styrene-Butadiene-Styrene (SBS) and Styrene-Butadiene Rubber (SBR), enhance the elastic properties of the bitumen, increasing its flexibility and resilience at both high and low temperatures.

    • Plastomeric Polymers: These polymers, such as Atactic Polypropylene (APP) and Ethylene Vinyl Acetate (EVA), provide increased rigidity and resistance to aging.

  3. Fillers: Materials like limestone, fly ash, or carbon black may be used as fillers to improve the stiffness and reduce the cost of the PMB.

  4. Additives: Various additives may be incorporated to further enhance the properties of the PMB. These can include antioxidants for improved resistance to aging, adhesion promoters for better bonding with the aggregate in road construction, and fire retardants for increased fire resistance in roofing applications.

  5. Stabilizers: To ensure the polymer doesn’t separate from the bitumen during storage or transport, stabilizers are added.

The specific composition of PMB can vary greatly depending on the intended application, the performance requirements, and the specific manufacturing process used. However, the goal is always to create a product that combines the adhesive and waterproofing properties of bitumen with the enhanced durability, flexibility, and resistance to environmental stresses provided by the polymers.

POLYMER MODIFIED BITUMEN (PMB) GRADES MOST COMMONLY USED

  1. PMB 120:

Characteristics:

  • Penetration at 25°C: This grade has a relatively high penetration range of 90-150 (1/10mm under 100g for 5 seconds).
  • Softening Point: PMB 120 has a minimum softening point of 50°C.

Usage and Applications: Given its higher penetration, PMB 120 is likely to be more ductile and flexible, making it suitable for regions with colder climates or applications that require more pliability.

  1. PMB 70:

Characteristics:

  • Penetration at 25°C: PMB 70 has a mid-range penetration value between 50-90.
  • Softening Point: Its softening point is a bit higher than PMB 120, with a minimum of 55°C.

Usage and Applications: PMB 70 can be considered an intermediate grade in terms of its rigidity and ductility. It could be ideal for temperate regions or applications that require a balance between flexibility and stability.

  1. PMB 40:

Characteristics:

  • Penetration at 25°C: This grade has the lowest penetration range of 30-50, indicating it’s the least ductile among the three.
  • Softening Point: PMB 40 possesses the highest minimum softening point of 60°C among the three grades.

Usage and Applications: With its lower penetration and higher softening point, PMB 40 is likely to be the most rigid and stable of the three. It’s suitable for hotter climates or applications where resistance to softening and rutting is crucial.

BEST WAY TO CLASSIFY POLYMERS IS BY THEIR APPLICATION AND TEMPERATURE BEHAVIOR

There are many different ways to classify polymers, including whether they are natural or synthetic, the type of arrangement of monomers, the arrangement of chains, and the method of polymerization. However, from the perspective of the scientific community, the classification of polymers that is most useful is based on how they behave in terms of their applications and temperatures, and this classification is broken down into three subgroups:

  • Thermoplastic
  • Thermoset
  • Elastomer

Thermoplastics:

These types of polymers are softened by heat and melted by heat and can take the shape of the mold, and by removing the cooled heat, they turn into a solid state, and this cycle can be repeated several times without changing the properties of the polymer. be repeated Polypropylene (PP), polyethylene (PE) and polystyrene (PS) are part of this category.

Thermosets:

These are semi-solid polymers that harden due to the application of heat and are no longer soft and meltable, and are destroyed and lose their properties when heated continuously. In fact, if we examine the intermolecular force of these two groups of polymers, thermoplastics have a weak intermolecular force that can change the shape of the polymer by heating, but thermoset polymers have strong crosslinks that allow shaping and reprocessing. They do not exist. Polyester, polyurethane, resins and silicones are examples of this group.

Elastomers:

The name elastomer is derived from the combination of two words, elastic polymer. Elastic means to be elastic, which means that when a force or stress is applied to elastomers, they first change their shape, and when the stress is removed, they rearrange their chains and return to their original state. One of the main features of these materials is having a very low glass transition temperature. That is, these materials are soft at low temperatures. (It should be noted that polymers are very hard and brittle below their glass transition temperature). All kinds of rubbers, including butadiene rubber, natural rubber, are members of this group.

Thermoplastic elastomers are another kind of polymer:

In addition to thermoplastic polymers and elastomer polymers, there is also a category of polymers known as thermoplastic elastomers. These thermoplastic elastomers are created by combining two different types of polymers. This is due to the fact that the beneficial characteristics of both groups are combined, resulting in the formation of a copolymer that is capable of making use of the primary and functional characteristics of both groups. For instance, elastomers are unable to melt and would be destroyed if heat is repeatedly applied, but thermoplastics have both the capacity to melt and the property of being plastic. Polyurethane, polyether-polyester copolymer, olefinic copolymer, and styrene block copolymers are the four primary categories of thermoplastic elastomers. Polyurethane is the most common kind. The findings of the final group have shown to be the most successful when combined with bitumen. In a nutshell, the thermoplastic nature of TPE polymers, in addition to their low viscosity at high temperature and their capacity to open up in bitumen, as well as many other important characteristics, have led to this polymer being recognized as the most effective modifier of the properties of bitumen. For instance, the styrene component of SBS polymer, which is a styrene-butadiene-styrene block copolymer and is an elastomer thermoplastic, is of the thermoplastic kind, while the butadiene component is of the elastomer variety.

The temperature at which butadiene rubber (PB) undergoes its glass transition is -70 degrees Celsius, but the temperature at which polystyrene undergoes its glass transition or softening temperature is 100 degrees Celsius. The thermal stability of this material is improved by combining these two polymers, which allows for a wider temperature range at which it can maintain its integrity. The usefulness of using SBS polymer to generate modified polymer bitumen has been shown, making it one of the best polymers, if not the greatest polymer, employed in the industry that produces bitumen and asphalt. Because a portion of it is composed of rubbers, which, thanks to their very low glass transition temperature, increase the performance of bitumen when exposed to low temperatures and throughout the winter.

Other polymers used:

One of the polymers that has garnered attention in the bitumen and asphalt sector nowadays is polyphosphoric acid. Another one of these polymers is polyethylene glycol. The combination of polyphosphoric acid and bitumen has been the subject of a significant amount of penetration, and the findings have revealed that even a minute quantity of this polymer can boost the softening point of bitumen by ten degrees and reduce the degree to which it can be penetrated by five degrees. Additionally, polyphosphoric acid may be used as a bitumen compatibilizer when combined with other polymers such as rubber powder; however, it is essential to keep in mind that a high-speed mixer is required for this process.

POLYMER MODIFIED BITUMEN (PMB) ADVANTAGES AND BENEFITS

Because the temperature at which bitumen breaks is approximately -10 to -12 degrees, the use of bitumen in areas where the temperature drops below -12 degrees during the winter will cause the bitumen to break and create cracks on the asphalt surface. This is due to the fact that bitumen is both hard and fragile. Because of the usage of rubbers, the temperature at which asphalt will break may be lowered to as low as -30 degrees or even lower. This lowers the temperature at which cracks and other types of asphalt damage can occur during the winter. On the other hand, the addition of this polymer to bitumen causes a rise in the viscosity of the bitumen and a rise in the temperature at which it begins to soften at high temperatures and hot conditions. This helps to prevent the bitumen from becoming loose and rutting in asphalt. In point of fact, one of the reasons why bitumen and asphalt are modified with polymers is in order to make the roadway surface more durable in a variety of climates.

Normal bitumens develop fatigue cracks in a very short amount of time on roads that have a high traffic load; however, the usage of polymer-modified bitumen and asphalt enables us to have longer periods of time. For there to be no cracks in the asphalt and for the coating to be in good condition. Because of this, it is not necessary to apply protective asphalts while stamping and sealing the asphalt surface, which results in savings in both money and energy. When thermoplastics like polyethylene or polypropylene, which are examples of thermoplastics, are added to bitumen, the characteristics of the bitumen are improved, and the result is a higher softening point and a lower degree of penetration. Additionally, this component raises the high temperature at which PG or performance grade bitumen can be used, which results in improved performance of bitumen in tropical regions. However, the findings of the study and the experiments have shown that the use of polyethylene leads in the bitumen being more brittle at lower temperatures. It is important to keep in mind that the use of polyethylene polymer in colder places not only does not result in an improvement in the qualities of bitumen, but it actually degrades the substance.

In general, depending on the kind of polymer, bitumen may take on a variety of characteristics, and here are a few of those characteristics that we will mention:

1- Raising the bitumen’s soft point, which prevents asphalt from being rutted during the summer and when temperatures are high.

2- Lessening the degree to which the bitumen penetrates the asphalt, which stops moisture from getting into the asphalt infrastructure when it rains.

3- Raising the elasticity or reversibility of bitumen, which raises the bitumen’s resistance against permanent deformations and, more crucially, lowers the number of fractures produced by the cold during the winter season.

POLYMER MODIFIED BITUMEN (PMB) PRODUCTION PROCESS

In a stirred tank, a bitumen component is heated to a temperature between 185° C. and 221° C. and a block copolymer composition is added while the bitumen component is being stirred to form a homogeneous mixture. This method produces a PMB polymer modified bitumen binder composition in the substantial absence of cross-linking agents. A cured polymer modified bitumen binder composition is created by mixing the block copolymer composition with the homogeneous mixture and keeping the temperature between 185° C and 221° C for a length of time between 4 hours and 30 hours. Different types of polymers are utilized in this procedure, and they are selected based on a certain formula.

 POLYMERS MODIFIED BITUMEN (PMB) TYPES

typeGeneral Purpose or UseGeneric ExamplesfillerFill voids and therefore reduce optimum asphalt content
Meet aggregate gradation specifications
Increase stability
Improve the asphalt cement-aggregate bondMineral filler
crusher fines
lime
Portland cement
fly ash
Carbon blackextenderSubstituted for a portion of asphalt cement (typically between 20–35 % by weight of total asphalt binder) to decrease the amount of asphalt cement requiredSulfur
LigninrubberIncrease HMA stiffness at high service temperatures
Increase HMA elasticity at medium service temperatures to resist fatigue cracking
Decrease HMA stiffness at low temperatures to resist thermal cracking
(see Figure 2)Natural Latex
Synthetic latex
(e.g., Polychloroprene latex)
Block copolymer
(e.g., Styrene-butadiene-styrene (SBS))
Reclaimed rubber
(e.g., crumb rubber from old tires)plasticPolyethylene/polypropylene
Ethylene acrylate copolymer
Ethyl-vinyl-acetate (EVA)
Polyvinyl chloride (PVC)
Ethylene propylene or EPDM
PolyolefinRubber-Plastic CombinationsBlends of rubber and plasticFiberImproving tensile strength of HMA Mixtures
Improving cohesion of HMA Mixtures
Permit higher asphalt content without the significant increase in the drain downNatural:
Asbestos
Rock wool
Manufactured:
Polypropylene
Polyester
Fiberglass
Mineral
CelluloseOxidantIncrease HMA stiffness after the HMA is placedManganese saltsAntioxidantIncrease the durability of HMA mixtures by retarding their oxidationLead compounds
Carbon
Calcium saltsHydrocarbonRestore aged asphalt cement to current specifications
Increase HMA stiffness in generalRecycling and rejuvenating oils
Hard and natural asphaltsAntistripping AgentsMinimize stripping of asphalt cement from aggregatesAmines
LimeWaste MaterialsReplace aggregate or asphalt volume with a cheaper waste productRoofing shingles
Recycled Tires
Glass

POLYMER MODIFIED BITUMEN (PMB) SPECIFICATIONS

Polymer Modified Bitumen (PMB) specifications can vary depending on the intended use, such as roofing or paving, and the specific type of polymer used. However, there are some general characteristics and properties that are often specified:

  1. Penetration: This is a measure of the hardness or softness of the bitumen, assessed by the depth a standard needle penetrates into a bitumen sample under specific conditions. PMB typically has a lower penetration value than unmodified bitumen, indicating a harder material.

  2. Softening Point: The softening point is the temperature at which the bitumen becomes soft and less viscous. PMB generally has a higher softening point than unmodified bitumen, which means it can withstand higher temperatures before softening.

  3. Elastic Recovery: This measures the bitumen’s ability to recover its original shape after being stretched or deformed. For PMB, the elastic recovery should be high, often above 70%, indicating a high level of flexibility and resilience.

  4. Fatigue Resistance: PMB should exhibit excellent resistance to fatigue, meaning it can withstand repeated cycles of stress without failure.

  5. Rutting Resistance: PMB is expected to have a high resistance to rutting, which is deformation or grooving that occurs over time, particularly in high-temperature conditions or under heavy loads.

  6. Resistance to Aging: PMB should have a high resistance to aging, which means it can withstand exposure to the elements, including UV light and varying temperatures, without significant degradation over time.

  7. Compatibility: PMB should be compatible with the aggregates used in road construction or the materials used in roofing applications.

  8. Polymer Content: The amount and type of polymer used in the PMB must be specified. Common types include SBS (Styrene-Butadiene-Styrene) and APP (Atactic Polypropylene), and the polymer content is usually between 3-7%.

It’s important to note that specifications can vary by region and application, and different standards may apply. Examples of organizations that provide specifications for PMB include the American Association of State Highway and Transportation Officials (AASHTO), the Asphalt Institute, and the European Committee for Standardization (CEN). Always refer to local and application-specific guidelines when working with PMB.

S.NODesignationPMB 120PMB 70PMB 40Test Method1Penetration at 25 ֯C, 1/10mm, 100g, 5 sec90---50ASTM D52Softening Point, (R&B), ֯C, MinASTM D363Elastic Recovery at 15 ֯C ,%, Min ASTM DFlash point , COC, ֯C , MinASTM D925Separation, Difference in Softening Point,(R&B), ֯C, Max333–Thin Film Oven Test & Test on Residue7aLoss in Mass, %, Max1.01.01.0ASTM DbReduction in Penetration of residue at 25 ֯C , 100g, 5s, %,MaxASTM D57cIncrease in Softening Point, ֯C, Max765ASTM D367dElastic Recovery at 25 ֯C, %, MinASTM D

POLYMER MODIFIED BITUMEN (PMB) PROPERTIES

Polymer Modified Bitumen (PMB) boasts several distinctive properties that set it apart from traditional bitumen. The addition of polymers enhances the bitumen’s original qualities and introduces new characteristics, making it suitable for a variety of applications.

  1. Enhanced Elasticity: PMB is more elastic than traditional bitumen, thanks to the inclusion of elastomeric polymers. This increased elasticity allows PMB to regain its original shape after being deformed, enhancing its resistance to rutting and fatigue cracking.

  2. Improved Durability: PMB exhibits superior durability. The polymers help protect the bitumen from the effects of aging, oxidation, and UV radiation, leading to a longer lifespan and improved performance over time.

  3. Greater Resistance to Temperature Extremes: PMB can withstand a broader range of temperatures without losing its structural integrity. It retains its flexibility in cold temperatures, reducing the risk of thermal cracking, and it is more resistant to softening and rutting in hot conditions.

  4. Increased Adhesion: PMB’s adhesive properties are improved, ensuring better bonding with aggregate materials in road construction or with roofing materials, contributing to the overall durability of the finished structure.

  5. Enhanced Resistance to Water Damage: PMB is more resistant to water damage than traditional bitumen. This quality makes it excellent for waterproofing applications and in environments where water damage could be a concern, such as roadways.

  6. High Skid Resistance: PMB has high skid resistance, making it a safe option for high-traffic roadways and other areas where skid resistance is important for safety.

  7. Superior Fatigue Resistance: PMB can handle repeated cycles of stress without failure, a crucial feature in applications like road construction where the material experiences constant loading and unloading from traffic.

These properties make PMB a preferred choice for applications demanding high-performance, longevity, and durability, such as road construction, roofing systems, and waterproofing projects.

POLYMER MODIFIED BITUMEN (PMB) PRICE​ AND BUY

The asphalt industry has seen a significant shift with the advent of Polymer Modified Bitumen (PMB), a product offering superior characteristics and performance compared to traditional bitumen. However, it is crucial for both industry players and customers to understand the dynamics of the Polymer Modified Bitumen (PMB) price, which fluctuates based on several influencing factors.

The Polymer Modified Bitumen (PMB) price list is not fixed and varies depending on the complexity of production, the quality and type of polymers used, and the prevailing market conditions. Therefore, tracking the price of Polymer Modified Bitumen (PMB) can be challenging.

Factor 1: Raw Materials Cost The most critical cost driver in the price list of Polymer Modified Bitumen (PMB) is the cost of raw materials. It includes the cost of bitumen and the cost of polymers, primarily styrene-butadiene-styrene (SBS) or atactic polypropylene (APP).

Factor 2: Production Complexity PMB production is a complex process that involves mixing bitumen with selected polymers at high temperatures. The more complex the production process, the higher the price of Polymer Modified Bitumen (PMB).

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Factor 3: Global Market Conditions The global crude oil market heavily influences the cost of bitumen, and subsequently, the Polymer Modified Bitumen (PMB) price list. Political tensions, trade wars, or disruptions in oil supply can all impact the price.

Factor 4: Supply and Demand PMB’s price is also subject to supply and demand principles. Increased demand, especially in developing countries investing in road infrastructure, can increase the Polymer Modified Bitumen (PMB) price.

Factor 5: Quality of the Product The quality of the polymers used and the overall quality of the PMB can influence the price. Higher-quality PMB often commands a higher price due to its increased durability and performance.

In summary, companies like Petro Naft, Shell, and Exxon Mobil, renowned producers of PMB, constantly monitor these influencing factors to set competitive prices. At Petro Naft, we are dedicated to providing high-quality PMB at the best possible price, keeping in mind the dynamics of the Polymer Modified Bitumen (PMB) price.

Polymer Modified Bitumen (PMB) Manufacturers and Suppliers

The growing demand for durable and high-performance road materials has seen a rise in Polymer Modified Bitumen (PMB) manufacturers and suppliers globally. This review provides an overview of some key global players and what they offer to the industry.

  1. Petro Naft: As one of the notable Polymer Modified Bitumen (PMB) manufacturers, we at Petro Naft provide high-quality PMB suitable for a wide range of road applications. We are well-located to serve customers globally and locally, being a nearby Polymer Modified Bitumen (PMB) manufacturer for many firms.
  2. Shell: Known as a giant in the oil and gas industry, Shell is also one of the leading Polymer Modified Bitumen (PMB) suppliers. They offer various grades of PMB tailored for different applications and weather conditions.
  3. Exxon Mobil: This global powerhouse has a robust supply chain and is one of the major Polymer Modified Bitumen (PMB) manufacturers. Exxon Mobil focuses on providing PMB with enhanced durability and resistance to rutting.
  4. Total: With factories located worldwide, Total is well-positioned to supply high-quality PMB. Their products are known for providing excellent adhesion and improving the lifespan of road surfaces.
  5. Sinopec: As one of the largest oil refiners in Asia, Sinopec is a top-notch Polymer Modified Bitumen (PMB) supplier. They offer PMB that ensures maximum road durability, particularly in regions experiencing extreme weather conditions.

It’s important to note that the PMB industry is quite diverse, with numerous producers, factories, and firms involved. The choice of a Polymer Modified Bitumen (PMB) manufacturer or supplier should depend on factors such as product quality, pricing, and the reliability of the supplier. Hence, at Petro Naft, we continue to work tirelessly to offer our clients superior PMB products at competitive prices.

Where To Buy Polymer Modified Bitumen (PMB)

For any construction or infrastructure project requiring high-quality asphalt, determining where to buy Polymer Modified Bitumen (PMB) is crucial. With numerous options available, this guide outlines the best approaches to buy Polymer Modified Bitumen (PMB).

  1. Direct from Manufacturers: The most straightforward way to purchase Polymer Modified Bitumen (PMB) is to buy directly from the manufacturers. Established PMB producers like Petro Naft, Shell, and Exxon Mobil offer direct sales of their products, ensuring you get quality materials at competitive prices.
  2. Through Authorized Distributors: PMB manufacturers often have a network of authorized distributors to reach customers globally. They can provide local support and may offer additional services like transportation and storage.
  3. Online Platforms: With the digitalization of the business landscape, several online platforms now facilitate the procurement of industrial products. These platforms can provide a broader range of choices, allowing you to compare prices and quality before making a purchase.
  4. Industry Tradeshows and Expos: These events are an excellent opportunity to meet PMB manufacturers and suppliers in person, discuss your specific needs, and negotiate pricing and terms directly.
  5. Local Resellers: Depending on your location, local resellers or retail stores may stock PMB. This option can be convenient, especially for smaller quantities, but do verify the authenticity and quality of the products.

At Petro Naft, we are committed to making the procurement process as smooth as possible for our customers. We provide a variety of purchasing methods, giving you flexibility and assurance in knowing you’re getting top-quality PMB. Please reach out to us to discuss your needs and find out how we can best assist you.

Iran Polymer Modified Bitumen (PMB) Price

Iran is one of the leading producers of bitumen, a byproduct of oil refining, and a key ingredient in PMB. As such, the Iran Polymer Modified Bitumen (PMB) price plays a significant role in the global market.

As of recent market trends, the Iranian Polymer Modified Bitumen (PMB) price has been influenced by several factors:

  1. Increased Demand: As Iran continues to invest in infrastructure development, the demand for PMB within the country is increasing, thereby affecting the Polymer Modified Bitumen (PMB) market price in Iran.
  2. Global Crude Oil Prices: The cost of bitumen, and subsequently PMB, is heavily influenced by global crude oil prices. Any fluctuation in these prices directly impacts the Iran Polymer Modified Bitumen (PMB) price.
  3. Sanctions and Political Climate: Geopolitical issues, such as sanctions on Iran’s oil industry, can create uncertainty and affect the availability and pricing of PMB.
  4. Quality and Production Costs: The type and quality of polymers used in PMB manufacturing also factor into the overall cost. High-quality polymers typically result in higher production costs, which can lead to an increase in the Iranian Polymer Modified Bitumen (PMB) price.

Looking ahead, we can expect the Iran Polymer Modified Bitumen (PMB) price to remain subject to these influencing factors. However, advancements in production processes and the increasing efficiency of PMB manufacturing could lead to a stabilization of prices in the long term.

In the Iranian market, companies like Petro Naft continue to provide top-quality PMB at competitive prices. As a leading PMB manufacturer, Petro Naft is committed to meeting the demands of the local and international markets, despite the dynamic pricing trends.

Polymer Modified Bitumen (PMB) Manufacturers and Suppliers in Iran

As one of the world’s leading oil-producing nations, Iran is home to numerous Polymer Modified Bitumen (PMB) manufacturers and suppliers. These companies offer a wide range of PMB products suitable for various applications.

  1. Petro Naft: At Petro Naft, we are proud to be among the top Iran Polymer Modified Bitumen (PMB) manufacturers. We offer high-quality PMB sourced from our well-equipped refineries and plants, positioning us as a reliable PMB seller in Iran.
  2. Jey Oil Refining Company: This company is one of the significant players in the Iranian PMB market. They operate several refineries across the country, offering a variety of PMB grades.
  3. Pasargad Oil Company: Known as a prominent Polymer Modified Bitumen (PMB) manufacturer in Iran, Pasargad Oil Company operates multiple modern plants, ensuring high-quality PMB production.
  4. Tehran Oil Refining Company: As one of the oldest refining companies in Iran, they offer an extensive range of petroleum products, including PMB, serving both domestic and international markets.
  5. Arak Oil Refining Company: Their location in the central region of Iran positions them strategically to serve as a Polymer Modified Bitumen (PMB) supplier in Iran, offering a wide range of PMB grades.

While there are many Polymer Modified Bitumen (PMB) sellers in Iran, choosing the right supplier requires careful consideration of factors such as product quality, customer service, and pricing. At Petro Naft, we take pride in offering exceptional products and services, which solidify our position as one of the leading PMB manufacturers and suppliers in Iran.

Stay updated with the latest prices of our wide range of Petronaft bitumen types. Explore the information on this page for weekly price updates and make informed decisions for your projects:

Price of Various Types of Bitumen in Asia

Styrene Butadiene Rubber Market Size & Share Analysis

Styrene Butadiene Rubber (SBR) Market Size and Share

Market Overview

Styrene Butadiene Rubber (SBR) Market Analysis by Mordor Intelligence

The Styrene Butadiene Rubber Market size is estimated at USD 14.39 billion in , and is expected to reach USD 17.40 billion by , at a CAGR of 3.86% during the forecast period (-). Strong tire demand in emerging economies, sustained infrastructure investment, and mandatory sustainability regulations shape this moderate growth path. Investments in low-rolling-resistance tire technology, expanding adhesive usage in construction and packaging, and polymer-modified asphalt specifications all strengthen the consumption outlook. At the same time, crude-linked feedstock volatility, stricter carbon rules, and mounting competition from thermoplastic elastomers temper volume and pricing power. Asian manufacturing clusters reinforce global leadership by pairing large-scale capacity with proximity to automotive customers, whereas Western producers pursue divestitures and sustainable product pivots to protect margins.

Key Report Takeaways

  • By type, emulsion SBR held 71.13% of the Styrene Butadiene Rubber market share in , while solution SBR posted the fastest 4.34% CAGR to .
  • By application, tires accounted for 69.38% of the Styrene Butadiene Rubber market size in ; adhesives are on track for the highest 4.52% CAGR through .
  • By geography, Asia-Pacific commanded 45.64% revenue in and is advancing at a 4.28% CAGR up to .

Global Styrene Butadiene Rubber (SBR) Market Trends and Insights

Driver Impact Analysis

Driver (~) % Impact on CAGR Forecast Geographic Relevance Impact Timeline Tire replacement demand spike in emerging economies +0.8% Asia-Pacific, Latin America, MEA Medium term (2-4 years) Shift toward low-rolling-resistance tires in EU & China +0.6% Europe, China Short term (≤2 years) Rapid highway & airport construction boosting polymer-modified asphalt +0.4% Global, concentrated in Asia-Pacific Long term (≥4 years) OEM push for 10% tread weight reduction via functionalised S-SBR +0.3% Global automotive hubs Medium term (2-4 years) Mandatory wet-grip labelling in ASEAN spurring high-vinyl S-SBR uptake +0.2% ASEAN markets Short term (≤2 years) Source: Mordor Intelligence

Tire Replacement Demand Spike in Emerging Economies

Vehicle fleet expansion combined with improved road networks significantly raises tire wear rates, pushing Styrene Butadiene Rubber market demand for tire compounds. Replacement tires already contribute 60% of total tire consumption in India, and Bridgestone has responded by committing USD 85 million to expand local production capacity. Radial tire adoption multiplies SBR usage per unit, further escalating volumes. Replacement cycles remain less affected by economic slowdowns than OEM demand, providing downside protection during industry troughs. Emerging Asia and Latin America therefore deliver a reliable mid-term uplift to global sales.

Shift Toward Low-Rolling-Resistance Tires in EU & China

Regulations aimed at fleet fuel efficiency elevate demand for solution SBR grades that enable silica-filled tread compounds with lower hysteresis. EU consumer labeling has already shifted purchasing toward A-rated rolling-resistance products, with manufacturers recording 15-20% volume growth in these premium categories[1]European Commission, “Tire Labeling Regulation Impact Assessment,” ec.europa.eu. China mirrors the trend in heavy-duty segments, translating to sizeable opportunities for suppliers capable of advanced functionalisation. The widening performance gap between emulsion and solution SBR reinforces price premiums for high-spec polymers while rewarding R&D-driven producers.

Rapid Highway & Airport Construction Boosting Polymer-Modified Asphalt

Asia-Pacific infrastructure programs accelerate consumption of SBR-modified asphalt that delivers enhanced rutting resistance and flexibility. Laboratory data show 18.8% higher stability and 46.2% stronger dynamic creep stiffness when 5% SBR is blended into asphalt binders[2]Illinois Department of Transportation, “Polymer Modified Asphalt Performance Study,” idot.illinois.gov. Such performance gains justify the material premium for runways and expressways exposed to extreme loads. Because infrastructure spending is usually multi-year, the application gives producers a long-wave demand pillar that diversifies away from cyclical automotive sales and strengthens the Styrene Butadiene Rubber market.

OEM Push for 10% Tread Weight Reduction via Functionalised S-SBR

Automakers require lighter tires to improve fuel economy and extend electric vehicle range, stimulating uptake of functionalised S-SBR with stronger filler bonds. Michelin’s roadmap to produce bio-based synthetic rubber with 40% renewable content by underscores this objective. Weight-reduction programs favour suppliers that provide low-density yet durable tread polymers, creating premium margin pools. The resulting design complexity raises switching costs, deepening customer relationships for incumbents with advanced compounding know-how.

Restraint Impact Analysis

Restraint (~) % Impact on CAGR Forecast Geographic Relevance Impact Timeline Crude-linked butadiene price volatility -0.7% Global Short term (≤2 years) Growing TPE substitutes in footwear -0.3% Global, concentrated in Asia-Pacific Medium term (2-4 years) EU CBAM extending to synthetic rubber imports post- -0.2% Europe, trade partners Long term (≥4 years) Recycling quotas in China cutting virgin SBR demand for conveyor belts -0.1% China, spillover to Asia-Pacific Medium term (2-4 years) Source: Mordor Intelligence

Crude-Linked Butadiene Price Volatility

Feedstock costs typically represent up to 70% of total SBR manufacturing expenses, leaving margins exposed when crude prices spike. Currency swings add a further layer of unpredictability for exporters. While natural rubber rallies in temporarily improved SBR’s relative cost position, dual increases in crude derived butadiene quickly eroded that advantage. Long-term supplier contracts with fixed pricing clauses limit the industry’s ability to pass on sudden feedstock hikes, forcing many firms to adopt hedging and inventory strategies that raise working capital requirements.

Growing TPE Substitutes in Footwear

Footwear brands increasingly specify thermoplastic elastomers to streamline injection-molding processes and support recyclability commitments. TPE materials also simplify color matching and reduce cure times, compressing production cycles. Although SBR retains superior abrasion resistance for demanding athletic soles, casual and fashion segments migrate toward TPE at an accelerating pace. The shift pressures Styrene Butadiene Rubber industry volumes in a historically stable end-use segment, stimulating research into more sustainable SBR grades.

Segment Analysis

By Type: Solution SBR Drives Premium Applications

Solution SBR recorded the highest 4.34% CAGR through , even though emulsion SBR controlled 71.13% of volumes. The Styrene Butadiene Rubber market size attributed to solution grades is projected to expand from USD 4.08 billion in to USD 5.06 billion in , reflecting granular demand for high-performance tire treads. Functionalised solution polymers achieve tighter molecular weight distributions and superior filler compatibility, enabling tread weight reductions without compromising wet grip. ARLANXEO’s recent capacity addition in Dormagen aligns with automaker requirements for low-rolling-resistance tires. As performance specifications tighten, solution SBR gains share, particularly in Europe, China, and premium replacement markets where consumer awareness is highest. Emulsion SBR remains indispensable in mass-market segments thanks to scale advantages, extensive installed reactor base, and wide compounding latitude. Yet its price-driven positioning leaves margins vulnerable to feedstock swings. Blended distribution strategies that pair low-cost emulsion platforms with premium solution offerings thus protect revenue streams across automotive cycles.

The Styrene Butadiene Rubber market share commanded by solution grades is likely to rise by 3 percentage points by , supported by ongoing tire label regulation, electric vehicle proliferation, and OEM sustainability targets. Even in cost-sensitive emerging economies, policy-driven requirements for wet-grip and rolling-resistance performance accelerate migration to solution SBR. Producers investing in continuous processes, advanced catalyst systems, and in-line functionalisation can capture premium pricing while lowering variable costs via energy efficiency improvements and digitalised plant control.

By Application: Adhesives Emerge as Growth Driver

Tires contributed 69.38% of revenue, anchoring overall Styrene Butadiene Rubber market demand. The segment benefits from resilient replacement cycles, with commercial vehicle fleets valuing SBR’s abrasion resistance and cost-effectiveness. However, adhesives represent the most dynamic application, advancing at 4.52% CAGR toward . The Styrene Butadiene Rubber market size for adhesives is set to increase from USD 1.12 billion in to USD 1.39 billion by as construction outlays, e-commerce packaging volumes, and do-it-yourself consumer projects rise. SBR-based emulsions deliver strong adhesion on porous substrates like concrete and cardboard, combined with flexibility needed for temperature cycling. Packaging firms also adopt SBR hot-melt formulas that support mono-material recycling streams, helping them meet circular-economy pledges. Concurrently, high-growth Asian residential development fuels demand for tile adhesives, waterproof coatings, and sealants that require elastomer modification for crack bridging and impact resistance.

While footwear compound demand faces TPE substitution, premium athletic shoes still rely on SBR’s wear characteristics in high-abrasion outsole segments. Industrial goods including drive belts, hoses, and vibration isolators provide additional diversification, stabilising producer order books when automotive production fluctuates. These varied applications collectively reinforce the Styrene Butadiene Rubber market’s multi-sector resilience, though strategic focus is shifting toward higher-margin, differentiated formulations rather than pure volume pursuits.

Geography Analysis

Asia-Pacific maintained 45.64% revenue share in and is projected to grow at 4.28% CAGR through . China anchors regional dominance with extensive captive tire and synthetic rubber capacity, enabling fast scale-up for both emulsion and solution grades. Domestic demand receives a boost from rising car parc, infrastructure stimulus, and national recycling quotas that release capacity for export. India’s market is propelled by a forecast doubling of tire industry revenue to USD 22 billion by , spurring incremental capacities and backward integration investments. Thailand and Malaysia complement upstream supply via natural rubber output, affording compounders integrated sourcing advantages. However, carbon pricing, stricter air-emission norms, and water-pollution controls could trigger cost escalations or relocation of older SBR assets within the bloc.

North America delivers mature yet steady consumption underpinned by replacement tires, polymer-modified asphalt for highway rehabilitation, and adhesive uptake in e-commerce packaging. United States tire makers continue to emphasise performance niches such as light-truck and ultra-high-performance variants that lean heavily on functionalised solution SBR. Mexico’s emergence as a near-shoring hub for motor vehicle assembly adds incremental demand for automotive rubber parts. Canadian mining and oil sands operations keep industrial SBR uses buoyant, particularly in conveyor belts and protective coatings. Overall, regional growth hovers close to the global average but skews toward higher value polymers.

Europe is constrained by a lower vehicle production trajectory but benefits from the EU’s sustainability agenda that favours advanced and lower-carbon SBR. German, French, and Italian tire plants intensify adoption of eco-performance grades, amplifying imports of solution SBR from Korea and Singapore until European capacity expands. Eastern European highway and airport upgrades stimulate polymer-modified asphalt usage, partially offsetting automotive softness. The upcoming CBAM will likely curtail high-carbon imports and encourage local sourcing or renewable-energy upgrades in exporting countries. Scandinavian and Benelux markets lead on recycled SBR applications in flooring and sports surfaces, fostering niches that valorise circular solutions.

Competitive Landscape

The Styrene Butadiene Rubber market is moderately concentrated, with the top five players accounting for an estimated 56% of global revenue. ARLANXEO, LANXESS, and JSR Corporation retain competitive advantage through process technology, diverse product portfolios, and integration with butadiene feedstock. ARLANXEO’s Dormagen line upgrade lifts annual solution SBR output by 70 kilotonnes, targeting premium EU tire customers. LANXESS leverages backward integration into anionic polymerisation catalysts, lowering variable costs. JSR expands capacity in Yokkaichi to service domestic automakers’ high-specification requests.

Chinese entrants such as Sinopec and TSRC are adding emulsion and solution reactors to supply fast-growing domestic consumption and pursue export share, intensifying price pressure in commodity grades. Western incumbents respond by pruning non-core assets, exemplified by Goodyear’s USD 650 million sale of its Beaumont synthetic rubber business to Gemspring Capital in . Partnerships around circularity are emerging as decisive. Sumitomo Rubber collaborates with Mitsubishi Chemical to recycle recovered carbon black into new tire compounds, reinforcing its cradle-to-cradle narrative. Michelin’s commitments to bio-based feedstocks and next-generation pyrolysis showcase how sustainability driven differentiation trumps pure capacity expansion in the long term.

Styrene Butadiene Rubber (SBR) Industry Leaders

  1. ARLANXEO

  2. China Petrochemical Corporation (Sinopec)

  3. Kumho Petrochemical

  4. Synthos

  5. TSRC

  6. *Disclaimer: Major Players sorted in no particular order
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Recent Industry Developments

  • December : Synthos signed a Memorandum of Understanding (MOU) with Kumho Tire - a leading South Korean tire manufacturer. This collaboration is intended to develop sustainable raw materials for tires.
  • April : Hainan Baling Chemical New Material Co. Ltd, a subsidiary of China Petroleum & Chemical Corporation, started the production of production of its styrene-butadiene copolymer (SBC) in Hainan, China. This is intended to produce 170,000 tons of SBR annually. The company invested USD 279.74 million in this project.

Table of Contents for Styrene Butadiene Rubber (SBR) Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Tire replacement demand spike in emerging economies
    • 4.2.2 Shift toward low-rolling-resistance tires in EU & China
    • 4.2.3 Rapid highway & airport construction boosting polymer-modified asphalt
    • 4.2.4 OEM push for 10% tread weight reduction via functionalised S-SBR
    • 4.2.5 Mandatory wet-grip labelling in ASEAN spurring high-vinyl S-SBR uptake
  • 4.3 Market Restraints
    • 4.3.1 Crude-linked butadiene price volatility
    • 4.3.2 Growing TPE substitutes in footwear
    • 4.3.3 EU CBAM extending to synthetic rubber imports post-
    • 4.3.4 Recycling quotas in China cutting virgin SBR demand for conveyor belts
  • 4.4 Value Chain Analysis
  • 4.5 Porter’s Five Forces
    • 4.5.1 Bargaining Power of Suppliers
    • 4.5.2 Bargaining Power of Buyers
    • 4.5.3 Threat of New Entrants
    • 4.5.4 Threat of Substitutes
    • 4.5.5 Competitive Rivalry

5. Market Size & Growth Forecasts (Value)

  • 5.1 By Type
    • 5.1.1 Emulsion SBR
    • 5.1.2 Solution SBR
  • 5.2 By Application
    • 5.2.1 Tyres
    • 5.2.2 Adhesives
    • 5.2.3 Footwear
    • 5.2.4 Other Applications
  • 5.3 By Geography
    • 5.3.1 Asia-Pacific
    • 5.3.1.1 China
    • 5.3.1.2 Japan
    • 5.3.1.3 India
    • 5.3.1.4 South Korea
    • 5.3.1.5 Thailand
    • 5.3.1.6 Malaysia
    • 5.3.1.7 Vietnam
    • 5.3.1.8 Indonesia
    • 5.3.1.9 Rest of Asia-Pacific
    • 5.3.2 North America
    • 5.3.2.1 United States
    • 5.3.2.2 Canada
    • 5.3.2.3 Mexico
    • 5.3.3 Europe
    • 5.3.3.1 Germany
    • 5.3.3.2 France
    • 5.3.3.3 United Kingdom
    • 5.3.3.4 Italy
    • 5.3.3.5 Spain
    • 5.3.3.6 Nordic
    • 5.3.3.7 Turkey
    • 5.3.3.8 Russia
    • 5.3.3.9 Rest of Europe
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Colombia
    • 5.3.4.4 Rest of South America
    • 5.3.5 Middle East and Africa
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.2 United Arab Emirates
    • 5.3.5.3 Qatar
    • 5.3.5.4 Egypt
    • 5.3.5.5 Nigeria
    • 5.3.5.6 South Africa
    • 5.3.5.7 Rest of Middle East and Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles {(includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products & Services, and Recent Developments)}
    • 6.4.1 ARLANXEO
    • 6.4.2 Asahi Kasei Corporation
    • 6.4.3 China Petrochemical Corporation (Sinopec)
    • 6.4.4 Dynasol Group
    • 6.4.5 ENEOS Corporation
    • 6.4.6 Eni S.p.A
    • 6.4.7 JSR Corporation
    • 6.4.8 Kemipex
    • 6.4.9 Kumho Petrochemical
    • 6.4.10 LANXESS
    • 6.4.11 LG Chem
    • 6.4.12 PETKIM
    • 6.4.13 SIBUR Holding PJSC
    • 6.4.14 Sumitomo Chemical Co. Ltd.
    • 6.4.15 Synthos
    • 6.4.16 The Goodyear Tire & Rubber Company
    • 6.4.17 Trinseo
    • 6.4.18 TSRC

7. Market Opportunities & Future Outlook

  • 7.1 White-Space & Unmet-Need Assessment
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Global Styrene Butadiene Rubber (SBR) Market Report Scope

Styrene butadiene rubber (SBR) is a synthetic rubber copolymer derived from the polymerization of styrene and butadiene. It is one of the majorly widely used synthetic rubbers because of its excellent abrasion resistance, good aging properties, and high resilience. SBR offers a balance of properties, making it suitable for various applications across various industries.

The styrene butadiene rubber market is segmented by type, application, and geography. By type, the market is segmented into emulsion SBR and solution SBR. The market is segmented by application into tires, adhesives, footwear, and other applications (construction materials). By geography, the market is segmented into Asia-Pacific, North America, Europe, South America, and Middle East & Africa. The report also covers the market size and forecasts for the styrene butadiene rubber market in 27 countries across major regions. The market sizing and forecasts are made for each segment based on revenue (USD).

By Type Emulsion SBR Solution SBR By Application Tyres Adhesives Footwear Other Applications By Geography Asia-Pacific China Japan India South Korea Thailand Malaysia Vietnam Indonesia Rest of Asia-Pacific North America United States Canada Mexico Europe Germany France United Kingdom Italy Spain Nordic Turkey Russia Rest of Europe South America Brazil Argentina Colombia Rest of South America Middle East and Africa Saudi Arabia United Arab Emirates Qatar Egypt Nigeria South Africa Rest of Middle East and Africa By Type Emulsion SBR Solution SBR By Application Tyres Adhesives Footwear Other Applications By Geography Asia-Pacific China Japan India South Korea Thailand Malaysia Vietnam Indonesia Rest of Asia-Pacific North America United States Canada Mexico Europe Germany France United Kingdom Italy Spain Nordic Turkey Russia Rest of Europe South America Brazil Argentina Colombia Rest of South America Middle East and Africa Saudi Arabia United Arab Emirates Qatar Egypt Nigeria South Africa Rest of Middle East and Africa Need A Different Region or Segment? Customize Now

Key Questions Answered in the Report

What is the current size of the Styrene Butadiene Rubber market?

The Styrene Butadiene Rubber market size reached USD 14.39 billion in , and it is forecast to hit USD 17.4 billion by .

Which region leads global consumption?

Asia-Pacific dominates with 45.64% revenue share thanks to extensive tire and synthetic rubber manufacturing capacity combined with strong domestic demand growth.

Why is solution SBR gaining share over emulsion grades?

Solution SBR offers superior rolling-resistance and wet-grip performance, meeting tighter tire labeling rules and OEM efficiency targets, which drives its 4.34% CAGR through .

How will the EU CBAM affect SBR trade?

From , carbon levies on synthetic rubber imports will raise costs for carbon-intensive producers, encouraging European buyers to source lower-emission material or domestic supply.

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