EVOLUTION OF THE MARKET wrt BINDER TYPES

1980’S

1990’S

2000’S

2010’S

Introduction of

Introduction of

Rapid drop off in

Noticable shift to

Polymer Modified

specifications and

non modified

Premium modified

Emulsions

increasing

emulsions

emulsions over

amounts of

intermediate

intermediate grade

>    Current situation - non modified emulsions virtually non existent in market

>    Premium Grade emulsions account for >50% of the surface dressings

>    Super Premium Grades still very much the “baby of the market”

Dec. 15th. 2020


TOTAL Cfóssifcation: Restrkted Oistribution TOIAl Ali rif}hts reiervcd