Global Road Marking Materials Market Size, Forecasts, And Opportunities – Includes Road Marking Materials Market Growth
Learn about the global road marking materials market through The Business Research Company, which provides information on road marking materials market size, road marking materials market drivers and restraints, road marking materials market players, the COVID-19 impact on the road marking materials market, and more.
The global road marking materials market size is expected to grow from $5.26 billion in 2021 to $5.52 billion in 2022 at a compound annual growth rate (CAGR) of 5.02%. The global road marking material market size is expected to grow to $7.03 billion in 2026 at a CAGR of 6.23%.
The new infrastructure and roadway projects in emerging economies are expected to propel the growth of the road marking materials market.
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The road marking materials market consists of sales of road marking material products and related services by entities (organizations, sole traders, and partnerships) that refer to any sort of material that is used on a road surface so as to provide authoritative information and to convey clear and understandable information to travelers about the roadway alignment and vehicle positioning. Road marking materials are developed for durability, safety, and aesthetics for traffic control, positive guidance, and communication warnings. In addition, road markings are standardized to avoid driveway confusion and enhance road safety.
Global Road Marking Materials Market Segments Include:
By Type: Paint-Based Marking, Solvent-Based Paints, Water-Based Paints, Performance-Based Marking, Thermoplastics, Cold Plastics
By Application: Road Markings, Factory Markings, Car Park Markings, Airport Markings, Anti-Skid Markings
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the road marking materials market in 2021.
Technological advancements are a key trend gaining popularity in the road marking materials market.
Major Market Players: The Sherwin-Williams Company, 3M, Geveko Marking, SWARCO, Ennis Flint, Evonik Industries, Automark Technologies, SealMaster, Kelly Bros Erinline, Ozark Materials LLC, and Hempel.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Road Marking Materials Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides road marking materials market overviews, analyzes and forecasts market size, share, road marking materials market players, road marking materials market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s road marking materials market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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