1. Market Research
  2. > Chemical
  3. > Specialty Chemical
  4. > Paint and Coating Market Trends
Road Marking Materials Market by Type, Application And Region - Global Forecast to 2023

Road Marking Materials Market by Type, Application And Region - Global Forecast to 2023

  • January 2019
  • 114 pages
  • ID: 3752575

Summary

Table of Contents

Search Inside

The road marking materials market is projected to register a CAGR of 5.2% between 2018 and 2023.
The road marking materials market size is projected to grow from USD 6.8 billion in 2018 to USD 8.8 billion by 2023, at a CAGR of 5.2%. Road markings are aids to control traffic by providing information to commuters. These are traffic signs to provide awareness to motorist or pedestrians. Various countries have introduced road safety laws and standards to ensure the safety and security of people, as well as road infrastructure. The global road marking materials market is expected to be driven by various factors such as increased spending for safer roads and new infrastructure and roadway projects in emerging economies. With the increased use of road markings in lane departure warning systems (LDWS), the road marking materials market is expected to grow rapidly in the near future. However, the conservative approach of road contractors towards road markings is restraining the growth of the market.

Performance-based marking segment is estimated to be the faster-growing type in the overall market during the forecast period.
The performance-based marking materials segment is expected to witness a higher growth rate in the overall road marking materials market during the forecast period.Performance-based marking materials are categorized into thermoplastics and cold plastics.

Thermoplastics are commonly used surface marking materials, owing to their high durability, lack of VOC, and excellent reflection properties during the day as well as night, and in wet conditions.Cold plastics are based on methyl methacrylate resins (MMA).

These are designed for use in conditions where resistance to wear and tear are of great importance.Cold plastic markings are widely used in high traffic areas where there is high snowfall.

Increasing demand for low-cost and durable road marking materials from the emerging economies in APAC fuels the growth of performance-based road marking materials.

The APAC road marking materials market is projected to witness the highest CAGR during the forecast period.
The APAC road marking materials market is projected to register the highest CAGR between 2018 and 2023.The need to address issues such as traffic congestion, traffic violations, and road accidents are majorly driving the demand for road marking materials in the region.

In APAC, countries have increasingly adopted road safety measures, which is driving the demand for road marking materials.Regulatory bodies and regional government have started addressing road safety issues by implementing stringent rules and regulations.

However, to implement such initiatives at a wider level, there is an increasing need for effective products and solutions. The rapid expansion of the building & construction and related infrastructure sectors is making way for the development of modern and safe road networks, which will further propel the road marking materials market.

Breakdown of the profiles of primary interviewees:
• By Company Type – Tier 1 - 45%, Tier 2 - 22%, and Tier 3 - 33%
• By Designation – C Level - 50%, Director Level - 25%, and Others - 25%
• By Region – North America - 50%, Europe - 20%, Asia Pacific - 10%, Middle East & Africa - 10%, and South America - 10%

Some of the key companies profiled in this report are The Sherwin-Williams Company (US), Ennis-Flint, Inc. (US), SWARCO AG (Austria), Geveko Markings (Denmark), and SealMaster (US), among others.

Research Coverage:
The report covers the road marking materials market and the use of these materials in different applications across different regions.It estimates the size of the road marking materials market for 2018 and forecasts the growth potential of the market across different segments.

The report also includes an in-depth competitive analysis of the key market players, along with their profiles and key growth strategies adopted by them.

Key benefits of buying the report
This research report focuses on various levels of analysis, which include industry analysis (industry trends) and company profiles. These insights present views on the competitive landscape, emerging and high-growth segments of the road marking materials market, high-growth regions, and drivers, restraints, opportunities, and challenges for the road marking materials market.

The report provides insights on the following pointers:
• Market Penetration: Comprehensive information on road marking materials offered by the top players operating in the market
• Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and new product launches in the road marking materials market
• Market Development: Comprehensive information about lucrative and emerging markets; analyzes markets for road marking materials in different regions
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the road marking materials market
• Competitive Assessment: In-depth assessment of strategies, products, and manufacturing capabilities of the leading players in the road marking materials market

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Coalescing Agent Market by Type, Application And Region - Global forecast to 2023

Coalescing Agent Market by Type, Application And Region - Global forecast to 2023

  • $ 5650
  • January 2019

The coalescing agents market is projected to register a CAGR of 4.9% between 2018 and 2023.The coalescing agents market size is projected to grow from USD 1.0 billion in 2018 to USD 1.3 billion by 2023, ...

Global Acrylic Resins Industry

Global Acrylic Resins Industry

  • $ 5600
  • January 2019

This report analyzes the worldwide markets for Acrylic Resins in Million Pounds by the following Product Segments: Acrylates, and Methacrylates. Further the market is also analyzed by the following End-Use ...

Phenol Markets in China

Phenol Markets in China

  • $ 4000
  • January 2019

China’s demand for Phenol has grown at a fast pace in the past decade.In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has ...


ref:plp2019

Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on