Road Marking Materials Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2016-2021 and Forecast 2022-2028

$ PRICE - $ 3,000.00$ 8,900.00

Road Marking Materials Market: By Type (Performance-Based Markings and Paint-Based Markings), By Application (Airport Marking, Antiskid Marking, Factory Marking, Parking Lot Marking, Road & Highway Marking  and Others) and Geography

 

$ PRICE - $ 3,000.00$ 8,900.00
Clear selection
Clear
$ PRICE - $ 3,000.00$ 8,900.00
FacebookTwitterLinkedinEmail

Report

Description

Road Marking Materials Market size was valued at USD 6.2 billion in 2021, growing at a significant CAGR of 5% during the forecast period 2022-28. Some of the key factors fueling the market growth include increase in spending for road safety, increasing application in airways and government safety standards. In addition, rising investments for roadway projects in developing countries create huge growth opportunity for the market. Global Road Marking Materials market report gives comprehensive outlook on road marking materials across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. This report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global road marking materials products. Several countries are now approaching methods of road safety. This enables increase demand for market over the forecast period. The global market is faced by many challenges. One of the main restraint factor, discouraging the growth of the market is due to fluctuations in the price of raw materials like pigments, additives, and resins. Unstable global oil and gas industry owing to various political dispute has hindered the market growth.

Road Marking Materials Market

MARKET SUMMARY
-
5% CAGR
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 5% CAGR
  • Largest Market– Asia Pacific
  • Fastest Growing Market– North America

Road Marking Materials Market

  • The report on global Road Marking Materials Market gives historical, current, and future market sizes (US$ Mn) on the basis of type, application and geography.
  • Road Marking Materials Market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa
Key Players
  • Aximum (France)
  • Crown Technology, LLC (US),
  • Ennis-Flint, Inc. (US)
  • Geveko Markings (Denmark)
  • Ozark Materials LLC (US)
Road Marking Materials Market

Dynamics

Road markings provide direction to drivers and pedestrians in order to ensure lane driving. It also directs regulations for stopping and parking. There has been an increase in the number of traffic crashes. Yearly, traffic accidents kill more than 1.2 million people and injure up to 50 million people. According to a study, existence of center and edge markings on road can plunge down the rate of accidents by 20%. Government of several countries are continuously taking up initiatives to offer road safety, therefore favoring the market in a big way. The increase in number of such incidences has insisted the governments of numerous nations to increase their budget for road safety in current and future action plans.


Asia-Pacific Got Significant Share

Road Marking Materials Market

Asia Pacific accounted for larger revenue share in global road marking materials market with considerable CAGR in future, due to the rapidly growing investments in roadway projects in China, India and Thailand. Surge in awareness on road safety coupled with urbanization in China and India is anticipated to drive the market over the forecast period. In Asia Pacific, countries have been adopting road safety measures, which is expected to fuel the demand for road marking materials market.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market and forecast
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Road Marking Materials Market


Location

GEOGRAPHY

Frequently Asked Questions

The road marking materials market is projected to expand at a CAGR of 5% during the forecast period

  • Aximum (France), Crown Technology, LLC (US), Ennis-Flint, Inc. (US), Geveko Markings (Denmark), Ozark Materials LLC (US)

Asia-Pacific is the fastest-growing region for the road marking materials market


Report

Company Profile

  • Aximum (France)
  • Crown Technology, LLC (US),
  • Ennis-Flint, Inc. (US)
  • Geveko Markings (Denmark)
  • Ozark Materials LLC (US)
  • Rembrandtin Lack GmbH Nfg. KG (Austria)
  • SealMaster (US)
  • 3M (US)
  • SWARCO AG (Austria)
  • The Sherwin-Williams Company (US)

Description

Road Marking Materials Market size was valued at USD 6.2 billion in 2021, growing at a significant CAGR of 5% during the forecast period 2022-28. Some of the key factors fueling the market growth include increase in spending for road safety, increasing application in airways and government safety standards. In addition, rising investments for roadway projects in developing countries create huge growth opportunity for the market. Global Road Marking Materials market report gives comprehensive outlook on road marking materials across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. This report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global road marking materials products. Several countries are now approaching methods of road safety. This enables increase demand for market over the forecast period. The global market is faced by many challenges. One of the main restraint factor, discouraging the growth of the market is due to fluctuations in the price of raw materials like pigments, additives, and resins. Unstable global oil and gas industry owing to various political dispute has hindered the market growth.

ASIA PACIFIC OFFICE

Precision Business Insights, MIG 366, SAI PLAZA, 1st Floor, KPHB Colony, Hyderabad - 500072

EUROPE OFFICE

Precision Business Insights, Kemp House, 152 – 160 City Road, London EC1V 2NX