Road Marking Materials Market Geographic Segmentation, Statistical Forecast and Competitive Analysis Report to 2023

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Road Marking Materials Market Research Report -
Forecast to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Road Marking Materials Market Research Report-
Forecast to 2023
Road Marking Materials Market - Overview
The Global Road Marking Materials Market is
expected to exhibit a solid 5.77 CAGR over the
forecast period, according to the latest research
report from Market Research Future (MRFR). The
MRFR report covers historical information about
the Global Road Marking Materials Market to
provide forecasts as to the markets likely
movement in the coming years. Major drivers and
restraints affecting the Global Road Marking
Materials Market as well as the major players
operating in the market are profiled in the
report to provide a comprehensive view of the
market. The Global Road Marking Materials Market
is expected to reach a valuation of USD 5,466.5
million by 2023, rising from a 2017 valuation of
USD 3,925.9 million. Road Marking Materials are
used to paint on road signs such as lane marking,
turn signals, and others. The visibility of road
signs is a vital factor in preserving high safety
rates in road traffic. As a result, the Road
Marking Materials Market has grown to become
crucial due to the growing roadbuilding efforts
around the world. Governments around the world
are taking increasing efforts to make their road
network safer. This includes spending high
amounts on Road Marking Materials to ensure
visibility and increase road safety
standards. Thermoplastic Road Marking Materials
are a new entry in the Global Road Marking
Materials Market and are likely to dominate the
market in the coming years due to the growing
demand for high performance from Road Marking
Materials. Thermoplastic Road Marking Materials
can be made in any color and contain added glass
beads to increase the reflectivity of the paint.
This makes the road markings even more visible
and thus safer. As a result, thermoplastic Road
Marking Materials are likely to remain a key
development in the Global Road Marking Materials
Market over the forecast period.
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Road Marking Materials Market Research Report-
Forecast to 2023
Segmental Analysis
The Global Road Marking Materials Market is
segmented based on Type, Application, and
Region. By Type, the Global Road Marking
Materials Market is segmented into waterbased
marking paints, solvent based marking paints,
two-component road marking paint, thermoplastic
marking paints, and others. The thermoplastic
marking paint segment is likely to exhibit steady
growth over the coming years due to the growing
demand for technologically advanced Road Marking
Materials offering a higher level of
security. By Application, the Global Road
Marking Materials Market is segmented into
airports, parking lots, roads and streets, and
others. The roads and streets segment dominate
the Global Road Marking Materials Market and is
likely to remain the leading revenue generator
over the forecast period. The airport segment of
the road marking materials market is also likely
to grow at a steady pace over the forecast period
due to the increasing demand for airport
construction and renovation around the
world. View Full Press Release _at_
https//www.marketresearchfuture.com/reports/road-
marking-materials-market-7411

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Road Marking Materials Market Research Report-
Forecast to 2023
Regional Outlook
Asia Pacific is likely to be the major revenue
generator in the Global Road Marking Materials
Market over the forecast period due to the high
volume of roadbuilding activity going on in
countries such as China, Malaysia, India,
Thailand, and Indonesia. The high volume of unmet
needs in the region and the growing government
participation in roadbuilding and improvement
initiatives are likely to be the major drivers
for the Road Marking Materials Market in Asia
Pacific over the forecast period.
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Road Marking Materials Market Research Report-
Forecast to 2023
Major Players in this Research

• Road Marking Materials Market Prominent Players
• 3M (U.S.)
• Sherwin-Williams (U.S.)
• Swarco AG (Austria)
• Nippon Paint Holdings Co. Ltd. (Japan)
• Ennis Flint Inc. (U.S.)
• Hempel (The Netherlands)
• Geveko Markings (Sweden)
• PPG Industries Inc. (U.S.)
• Asian Paints Ltd. (India)
• SealMaster (U.S.)
• LANINO (South Africa), Reda National Co. (Saudi
  Arabia), TATU Traffic Group (China), Zhejiang
  Brother Guidepost Paint Co. Ltd. (China), and
  Helios Group (Slovenia)

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