Traffic road marking coatings play a vital role in maintaining the road safety, especially in four and six-lane highways. The coatings help ensure the smooth movement of traffic, thereby reducing the number of road accidents. These coatings are easy-to-apply, UV resistant, non-toxic, environment-friendly, and corrosion resistant. Apart from traffic guidance, traffic road marking coatings also act as a tool for warning, controlling, and providing information to drivers.Ê
Scope of the Report:This report focuses on the Traffic Road Marking Coatings in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The growth and economic development of a country highly rely on road and transportation. The need for constant maintenance of these roads is also increasing because they are considered as one of the most crucial public assets. This in turn, will result in an increased demand for road line marking and traffic road marking coatings. The increasing number of new road constructions will be one of the primary growth drivers for the global traffic road marking coatings market till 2023. The increasing number of newly constructed roads improve access to schools, markets, and hospitals. It also enhances the safety, level of comfort, and lower the vehicle operating costs. This in turn, will reduce the number of road accidents.
The traffic road marking coatings market is witnessing growth in the APAC region due to the growth in infrastructure in emerging economies like India and China. The need for traffic road marking coatings in the region will increase in the forthcoming years due to the rising middle-class population, high disposable income, and rise in employment. The increasing highway building activities will further drive the marketÕs growth in APAC.
The worldwide market for Traffic Road Marking Coatings is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2026, from xx million US$ in 2020, according to a new study.
Market Segment by Manufacturers, this report covers Geveko Markings
LANINO
Dow Chemical Company
Sherwin-Williams Company
Asian Paints
Crown Technologies
Nippon Paint Holdings
SealMaster
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Paint
Thermoplastic
Preformed Polymer Tape
Epoxy
Market Segment by Applications, can be divided into Urban Road
Expressway
Others
There are 15 Chapters to deeply display the global Traffic Road Marking Coatings market.
Chapter 1, to describe Traffic Road Marking Coatings Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Traffic Road Marking Coatings, with sales, revenue, and price of Traffic Road Marking Coatings, in 2018 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2018 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Traffic Road Marking Coatings, for each region, from 2015 to 2020;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2015 to 2020;
Chapter 12, Traffic Road Marking Coatings market forecast, by regions, type and application, with sales and revenue, from 2020 to 2026;
Chapter 13, 14 and 15, to describe Traffic Road Marking Coatings sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.