1. Market Research
  2. > Chemical
  3. > Specialty Chemical
  4. > Paint and Coating Market Trends

Traffic Road Marking Coatings Market Analysis By Product (Paint, Thermoplastic, Preformed Polymer Tape, Epoxy), Growth Prospects, Value Chain Analysis, And Segment Forecasts, 2014 - 2025

  • June 2017
  • 194 pages
  • Grand View Research
Report ID: 4998558

Summary

Table of Contents

The global traffic road marking coatings market is likely to reach USD 6.3 billion by 2025, according to a new report by Grand View Research, Inc.

Technological advancement is an important factor for market growth as countries are becoming more concerned about the public health and safety. The growing environmental concerns including harmful air pollutants are driving the need for greener products in a bid to promote a healthy environment.

Paints are regarded as a major source of harmful VOC emissions. This has resulted in the development of thermoplastic coatings and other environment-friendly alternatives over paints. The rate of road fatalities is another primary concern which is forcing regional governments to invest in technological development to ensure highway safety and maintenance. There is a need for technological development to deal with such issues efficiently and improve the global economic condition as well.

Manufacturers are taking initiatives to develop innovative marking systems and temperature sensitive paints, which in turn is increasing their product sale as more countries are focused toward beefing up their safety and maintenance. Various initiatives to reduce accidents and improve road safety & maintenance are expected to influence the overall market demand positively. The consumer buying behavior is supposed to be influenced by newly developed high-performance coatings with improved characteristics.

Key manufacturers operating in the market include Automark Technologies Sherwin-Williams Company, Geveko Markings, Ennis-Flint, Crown Technologies, Swarco AG, etc.

Further key findings from the report suggest:
• Thermoplastic coatings emerged as the fastest product segment.This segment expected to reach 429.0 kilo tons by 2025
• Thermoplastic markings are applied in a thick/built up layer to create rumble strips. This coating sets quickly and will adhere strongly to the surface
• Paint is expected to be the largest segment with a market share of around 44.5% by volume
• Asia Pacific region is expected to emerge as the fastest growing region and will reach a market valuation of USD 1,670.5 million by 2025
• In North America, The Government has rolled out initiatives to enhance road infrastructure, increasing sales, and encouraging the development of durable, high-performance products with enhanced visibility and skid resistance
• There is a high degree of price competition among industry participants. Innovation remains a major factor for competitive advantage and higher profit margins.

This report is systematically updated by our analysts for each new purchase. This is to ensure that you get the latest information available on the company. The report will be updated and sent to you in no later than 24h.


Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 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.

Veronica 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

Purchase Reports From Reputable Market Research Publishers

Paint and Varnish Markets in the World to 2021 - Market Size, Development, and Forecasts

  • $ 24725
  • Industry report
  • July 2017
  • by Global Research & Data Services

The industry report package Paint and Varnish Markets in the World to 2021 - Market Size, Development, and Forecasts offers the most up-to-date market data on the actual market situation, and future outlook ...

World Paint and Coatings Market: Strategic Assessments of Leading Suppliers

  • $ 12700
  • Industry report
  • September 2017
  • by Venture Planning Group

Complete report $12,700.  Individual company assessments $2,450. This thought-provoking report on performance, capabilities, goals and strategies of the major competitors in the worldwide paints and coatings ...

Paint and Varnish Markets in Europe to 2021 - Market Size, Development, and Forecasts

  • $ 12223
  • Industry report
  • July 2017
  • by Global Research & Data Services

The industry report package Paint and Varnish Markets in Europe to 2021 - Market Size, Development, and Forecasts offers the most up-to-date market data on the actual market situation, and future outlook ...


ref:plp2017

Reportlinker.com © Copyright 2017. All rights reserved.

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