Traffic Road Marking Coatings Market Update, Analysis, Forecast, 2019 – 2025

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Traffic Road Marking Coatings Market analysis
research and trends report for 2019 - 2025
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Global Market Scenario of Traffic Road Marking
Coatings Industry

• Global traffic road marking coatings market from
  car park marking application is forecasted to
  witness substantial gains by 2025. The product
  owing to good visual appearance and light
  reflectivity is used for coating car parking area
  and garages. Increasing development of retail
  buildings including malls, hypermarkets, and
  supermarkets will fortify car parking space
  construction which will foster product demand.
• Global traffic road marking coatings market from
  airport marking application is forecasted to
  witness substantial gains at the end of 2025. The
  product due to good retro reflectivity weather
  resistant properties is used for marking airport
  runways to prevent runway mishaps and excursions.
  Increasing air travel owing to rising disposable
  incomes globally will foster aerospace industry
  growth. These factors will boost airport runway
  coatings demand which may amplify market size.
• Traffic Road Marking Coatings Market size is
  anticipated to grow steadily in the forecast
  timespan owing to rising safety concerns. The
  product helps to maintain safety and ensures
  smooth traffic flow by providing easily visible
  direction signs. Rising road safety concerns to
  minimise accidents will positively impact market
  growth.

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• Regional Trends-
• North America led by Canada, Mexico, and the U.S.
  traffic road marking coatings market size is
  projected to grow by 2025 due to rising highway
  construction in the region. Highway and road
  construction market size is anticipated to grow
  at USD 95 billion by 2021. The product owing to
  good cohesive properties is used for marking
  highways and roads. These factors will foster
  product demand in the region.
• Europe driven by UK, Spain, Italy, France and
  Germany traffic road marking coatings market size
  is projected to amplify at the end of 2025. The
  product owing to good adhesion on concrete and
  asphalt substrates is utilized for marking
  factory markings. Increasing factory markings
  demand for maintaining safety at workplace will
  have a positive impact on market growth.
• Asia Pacific market led by South Korea, Japan,
  India and China market is projected to witness
  significant gains by 2025 owing to rising airport
  construction projects in the region. Asia Pacific
  is anticipated to invest USD 150 billion in new
  airport projects in the forecasted timespan. The
  product due to tough nature and stress resistant
  properties is used for coating airport runways.
  These factors will fortify airport marking
  coatings demand thereby, increasing industry
  growth.

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• Competitive Trends
• Global traffic road marking coatings market share
  is moderately fragmented with major players
  includig Crown Technologies, Ennis-Flint, Geveko
  Markings, Monarch Industrial Product (I) Pvt Ltd,
  Swarco AG, and US specialty coatings.
• Manufacturers are targeting on expansion by
  executing strategic alliance, joint ventures, and
  mergers acquisitions owing to rising product
  applications in airport and factory marking
  sectors which may stimulate market growth.

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Coatings Market_at_ https//bit.ly/2LVYAaf Request
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