Traffic Road Marking Coatings Market Size, Share & Trends Analysis Report By Product (Paint, Thermoplastic, Preformed Polymer Tape), By Type, By Application, By Region, And Segment Forecasts, 2022 - 2030

Traffic Road Marking Coatings Market Growth & Trends

The global traffic road marking coatings market size is likely to reach USD 8.27 billion by 2030 at a CAGR of 6.0%, according to a new report by Grand View Research, Inc. Technological advancement is an important factor in the market growth as countries are becoming more concerned about public health and safety. Growing environmental concerns are driving the need for greener products in a bid to promote a healthy environment.

The market witnessed slight growth in 2020, despite the outbreak of the COVID-19 pandemic. The reduced traffics due to the restrictions on transportation/traveling and other vital economic activity benefitted several road maintenances, bridge & road construction, and building projects. Apart from road building, the restrictions on air travel and flight reductions provided a chance to evaluate runway construction windows.

Paints are regarded as a major source of harmful VOC emissions. This has resulted in the development of thermoplastic coatings and other eco-friendly alternatives. Rising cases of road fatalities are 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. In June 2021, Hempel A/S acquired a game-changing technology that is expected to transform the insulating coatings business while enhancing employee safety and decreasing customers' environmental footprint, allowing the company to produce and sell new coating products.

Manufacturers are taking initiatives to develop innovative marking systems and temperature-sensitive paints, which, in turn, is boosting the market growth. Various initiatives to improve road safety and maintenance and prevent accidents are expected to influence the overall market positively.

Furthermore, favorable regulations established by agencies such as the Environmental Protection Agency (EPA), The Traffic Signs Regulations and General Directions (TSRGD) 2002 by the Department for Transport (DT), and initiatives by the European Union to make roads safer are expected to help boost the market growth.

The overall growth rate of the market depends upon the high potential regions, such as the Asia Pacific and the Middle East & Africa, where the industrial output is expected to grow during the forecast period. Due to a considerable rise in consumerism, which is driven by economic growth, a favorable credit landscape, and increased disposable income, various countries, particularly in the Asia Pacific such as India and China, have witnessed an exponential rise in manufacturing activities. This factor has impacted the logistics activities in the aforementioned regions, thereby boosting the demand for safer roads.

Traffic Road Marking Coatings Market Report Highlights

  • Thermoplastic coatings emerged as the fastest-growing product segment in terms of revenue during the forecast period
  • In terms of revenue, paint was the largest segment in 2021 with a market share of around 46% and is likely to maintain its dominance in the future
  • The Asia Pacific is estimated to witness the highest growth during the forecast period on account of a rise in infrastructure spending in emerging economies, such as India, China, and Japan.
  • Key players operating in the market include BASF SE, The Sherwin Williams Company, Borealis AG, SealMaster, Armacell International S.A., and Recticel Group
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Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research scope and assumptions
1.3 Information Procurement
1.3.1 Purchased Database
1.3.2 GVR’s Internal Database
1.3.3 Secondary Sources
1.3.4 Third Party Perspective
1.3.5 Primary Research
1.4 Information Analysis
1.4.1 Data Analysis Models
1.5 Market Formulation and Data Visualization
1.6 Data Validation and Publishing
Chapter 2 Executive Summary
2.1 Market Snapshot
Chapter 3 Traffic Road Marking Coatings Market Variables, Trends & Scope
3.1 Market Lineage Outlook
3.1.1 Global Paints & Coatings Market Outlook
3.1.2 Global Traffic Road Marking Coatings Market Outlook
3.2 Penetration & Growth Prospect Mapping
3.3 Industry Value Chain Analysis
3.3.1 Raw Material Trends
3.3.2 Major Raw Materials Analysis
3.3.2.1 Epoxy resin
3.3.2.2 Aluminum
3.3.2.3 Pigments
3.4 Technology Trends
3.5 Regulatory Framework
3.5.1 Standard & Compliances
3.5.2 Safety
3.5.2.1 Epoxy resin
3.5.2.2 Titanium Dioxide (TiO2)
3.5.2.3 Aluminum
3.6 Market Dynamics
3.6.1 Market Driver Analysis
3.6.1.1 Increasing need for road safety and maintenance
3.6.1.2 Rising road infrastructure spending
3.6.2 Market Restraint Analysis
3.6.2.1 Low maintenance & repainting initiatives in developing countries
3.7 Business Environment Analysis: Traffic Road Marking Coatings Market
3.7.1 Industry Analysis - Porter’s
3.7.2 PESTEL Analysis
Chapter 4 Traffic Road Marking Coating Market: Product Estimates & Trend Analysis
4.1 Traffic Road Marking Coating Market: Product Movement Analysis, 2021 & 2030
4.2 Paint
4.2.1 Traffic road marking coating market estimates and forecasts, in paint, 2019 - 2030 (Kilotons) (USD Million)
4.3 Thermoplastic
4.3.1 Traffic road marking coating market estimates and forecasts, in thermoplastic, 2019 - 2030 (Kilotons) (USD Million)
4.4 Performed Polymer Tape
4.4.1 Traffic road marking coating market estimates and forecasts, in preformed polymer tape, 2019 - 2030 (Kilotons) (USD Million)
4.5 Epoxy
4.5.1 Traffic road marking coating market estimates and forecasts, in epoxy, 2019 - 2030 (Kilotons) (USD Million)
Chapter 5 Traffic Road Marking Coating Market: Type Estimates & Trend Analysis
5.1 Traffic Road Marking Coating Market: Type Movement Analysis, 2021 & 2030
5.2 Permanent
5.2.1 Traffic road marking coating market estimates and forecasts, in permanent, 2019 - 2030 (Kilotons) (USD Million)
5.3 Removable
5.3.1 Traffic road marking coating market estimates and forecasts, removable, 2019 - 2030 (Kilotons) (USD Million)
Chapter 6 Traffic Road Marking Coating Market: Application Estimates & Trend Analysis
6.1 Traffic Road Marking Coating Market: Application Movement Analysis, 2021 & 2030
6.2 Road Marking Lines
6.2.1 Traffic road marking coating market estimates and forecasts, in road marking lines, 2019 - 2030 (Kilotons) (USD Million)
6.3 Road Marking Labels
6.3.1 Traffic road marking coating market estimates and forecasts, road marking labels, 2019 - 2030 (Kilotons) (USD Million)
Chapter 7 Traffic Road Marking Coatings Market: Regional Estimates & Trend Analysis
7.1 Regional Movement Analysis & Market Share, 2021 & 2030
7.2 North America
7.2.1 North America traffic road marking coatings market estimates and forecasts, 2019 - 2030 (Kilotons) (USD Million)
7.2.2 North America traffic road marking coatings market estimates and forecasts, by product, 2019 - 2030 (Kilotons) (USD Million)
7.2.3 North America traffic road marking coatings market estimates and forecasts, by type, 2019 - 2030 (Kilotons) (USD Million)
7.2.4 North America traffic road marking coatings market estimates and forecasts, by application, 2019 - 2030 (Kilotons) (USD Million)
7.2.5 U.S.
7.2.5.1 U.S. traffic road marking coatings market estimates and forecasts, 2019 - 2030 (Kilotons) (USD Million)
7.2.5.2 U.S. traffic road marking coatings market estimates and forecasts, by product, 2019 - 2030 (Kilotons) (USD Million)
7.2.5.3 U.S. traffic road marking coatings market estimates and forecasts, by type, 2019 - 2030 (Kilotons) (USD Million)
7.2.5.4 U.S. traffic road marking coatings market estimates and forecasts, by application, 2019 - 2030 (Kilotons) (USD Million)
7.2.6 Canada
7.2.6.1 Canada traffic road marking coatings market estimates and forecasts, 2019 - 2030 (Kilotons) (USD Million)
7.2.6.2 Canada traffic road marking coatings market estimates and forecasts, by product, 2019 - 2030 (Kilotons) (USD Million)
7.2.6.3 Canada traffic road marking coatings market estimates and forecasts, by type, 2019 - 2030 (Kilotons) (USD Million)
7.2.6.4 Canada traffic road marking coatings market estimates and forecasts, by application, 2019 - 2030 (Kilotons) (USD Million)
7.2.7 Mexico
7.2.7.1 Mexico traffic road marking coatings market estimates and forecasts, 2019 - 2030 (Kilotons) (USD Million)
7.2.7.2 Mexico traffic road marking coatings market estimates and forecasts, by product, 2019 - 2030 (Kilotons) (USD Million)
7.2.7.3 Mexico traffic road marking coatings market estimates and forecasts, by type, 2019 - 2030 (Kilotons) (USD Million)
7.2.7.4 Mexico traffic road marking coatings market estimates and forecasts, by application, 2019 - 2030 (Kilotons) (USD Million)
7.3 Europe
7.3.1 Europe traffic road marking coatings market estimates and forecasts, 2019 - 2030 (Kilotons) (USD Million)
7.3.2 Europe traffic road marking coatings market estimates and forecasts, by product, 2019 - 2030 (Kilotons) (USD Million)
7.3.3 Europe traffic road marking coatings market estimates and forecasts, by type, 2019 - 2030 (Kilotons) (USD Million)
7.3.4 Europe traffic road marking coatings market estimates and forecasts, by application, 2019 - 2030 (Kilotons) (USD Million)
7.3.5 Germany
7.3.5.1 Germany traffic road marking coatings market estimates and forecasts, 2019 - 2030 (Kilotons) (USD Million)
7.3.5.2 Germany traffic road marking coatings market estimates and forecasts, by product, 2019 - 2030 (Kilotons) (USD Million)
7.3.5.3 Germany traffic road marking coatings market estimates and forecasts, by type, 2019 - 2030 (Kilotons) (USD Million)
7.3.5.4 Germany traffic road marking coatings market estimates and forecasts, by application, 2019 - 2030 (Kilotons) (USD Million)
7.3.6 U.K.
7.3.6.1 U.K. traffic road marking coatings market estimates and forecasts, 2019 - 2030 (Kilotons) (USD Million)
7.3.6.2 U.K. traffic road marking coatings market estimates and forecasts, by product, 2019 - 2030 (Kilotons) (USD Million)
7.3.6.3 U.K. traffic road marking coatings market estimates and forecasts, by type, 2019 - 2030 (Kilotons) (USD Million)
7.3.6.4 U.K. traffic road marking coatings market estimates and forecasts, by application, 2019 - 2030 (Kilotons) (USD Million)
7.3.7 France
7.3.7.1 France traffic road marking coatings market estimates and forecasts, 2019 - 2030 (Kilotons) (USD Million)
7.3.7.2 France traffic road marking coatings market estimates and forecasts, by product, 2019 - 2030 (Kilotons) (USD Million)
7.3.7.3 France traffic road marking coatings market estimates and forecasts, by type, 2019 - 2030 (Kilotons) (USD Million)
7.3.7.4 France traffic road marking coatings market estimates and forecasts, by application, 2019 - 2030 (Kilotons) (USD Million)
7.3.8 Russia
7.3.8.1 Russia traffic road marking coatings market estimates and forecasts, 2019 - 2030 (Kilotons) (USD Million)
7.3.8.2 Russia traffic road marking coatings market estimates and forecasts, by product, 2019 - 2030 (Kilotons) (USD Million)
7.3.8.3 Russia traffic road marking coatings market estimates and forecasts, by type, 2019 - 2030 (Kilotons) (USD Million)
7.3.8.4 Russia traffic road marking coatings market estimates and forecasts, by application, 2019 - 2030 (Kilotons) (USD Million)
7.3.9 Italy
7.3.9.1 Italy traffic road marking coatings market estimates and forecasts, 2019 - 2030 (Kilotons) (USD Million)
7.3.9.2 Italy traffic road marking coatings market estimates and forecasts, by product, 2019 - 2030 (Kilotons) (USD Million)
7.3.9.3 Italy traffic road marking coatings market estimates and forecasts, by type, 2019 - 2030 (Kilotons) (USD Million)
7.3.9.4 Italy traffic road marking coatings market estimates and forecasts, by application, 2019 - 2030 (Kilotons) (USD Million)
7.4 Asia Pacific
7.4.1 Asia Pacific traffic road marking coatings market estimates and forecasts, 2019 - 2030 (Kilotons) (USD Million)
7.4.2 Asia Pacific traffic road marking coatings market estimates and forecasts, by product, 2019 - 2030 (Kilotons) (USD Million)
7.4.3 Asia Pacific traffic road marking coatings market estimates and forecasts, by type, 2019 - 2030 (Kilotons) (USD Million)
7.4.4 Asia Pacific traffic road marking coatings market estimates and forecasts, by application, 2019 - 2030 (Kilotons) (USD Million)
7.4.5 Japan
7.4.5.1 Japan traffic road marking coatings market estimates and forecasts, 2019 - 2030 (Kilotons) (USD Million)
7.4.5.2 Japan traffic road marking coatings market estimates and forecasts, by product, 2019 - 2030 (Kilotons) (USD Million)
7.4.5.3 Japan traffic road marking coatings market estimates and forecasts, by type, 2019 - 2030 (Kilotons) (USD Million)
7.4.5.4 Japan traffic road marking coatings market estimates and forecasts, by application, 2019 - 2030 (Kilotons) (USD Million)
7.4.6 China
7.4.6.1 China traffic road marking coatings market estimates and forecasts, 2019 - 2030 (Kilotons) (USD Million)
7.4.6.2 China traffic road marking coatings market estimates and forecasts, by product, 2019 - 2030 (Kilotons) (USD Million)
7.4.6.3 China traffic road marking coatings market estimates and forecasts, by type, 2019 - 2030 (Kilotons) (USD Million)
7.4.6.4 China traffic road marking coatings market estimates and forecasts, by application, 2019 - 2030 (Kilotons) (USD Million)
7.4.7 India
7.4.7.1 India traffic road marking coatings market estimates and forecasts, 2019 - 2030 (Kilotons) (USD Million)
7.4.7.2 India traffic road marking coatings market estimates and forecasts, by product, 2019 - 2030 (Kilotons) (USD Million)
7.4.7.3 India traffic road marking coatings market estimates and forecasts, by type, 2019 - 2030 (Kilotons) (USD Million)
7.4.7.4 India traffic road marking coatings market estimates and forecasts, by application, 2019 - 2030 (Kilotons) (USD Million)
7.4.8 Australia
7.4.8.1 Australia traffic road marking coatings market estimates and forecasts, 2019 - 2030 (Kilotons) (USD Million)
7.4.8.2 Australia traffic road marking coatings market estimates and forecasts, by product, 2019 - 2030 (Kilotons) (USD Million)
7.4.8.3 Australia traffic road marking coatings market estimates and forecasts, by type, 2019 - 2030 (Kilotons) (USD Million)
7.4.8.4 Australia traffic road marking coatings market estimates and forecasts, by application, 2019 - 2030 (Kilotons) (USD Million)
7.5 Central & South America
7.5.1 Central & South America traffic road marking coatings market estimates and forecasts, 2019 - 2030 (Kilotons) (USD Million)
7.5.2 Central & South America traffic road marking coatings market estimates and forecasts, by product, 2019 - 2030 (Kilotons) (USD Million)
7.5.3 Central & South America traffic road marking coatings market estimates and forecasts, by type, 2019 - 2030 (Kilotons) (USD Million)
7.5.4 Central & South America traffic road marking coatings market estimates and forecasts, by application, 2019 - 2030 (Kilotons) (USD Million)
7.5.5 Brazil
7.5.5.1 Brazil traffic road marking coatings market estimates and forecasts, 2019 - 2030 (Kilotons) (USD Million)
7.5.5.2 Brazil traffic road marking coatings market estimates and forecasts, by product, 2019 - 2030 (Kilotons) (USD Million)
7.5.5.3 Brazil traffic road marking coatings market estimates and forecasts, by type, 2019 - 2030 (Kilotons) (USD Million)
7.5.5.4 Brazil traffic road marking coatings market estimates and forecasts, by application, 2019 - 2030 (Kilotons) (USD Million)
7.5.6 Argentina
7.5.6.1 Argentina traffic road marking coatings market estimates and forecasts, 2019 - 2030 (Kilotons) (USD Million)
7.5.6.2 Argentina traffic road marking coatings market estimates and forecasts, by product, 2019 - 2030 (Kilotons) (USD Million)
7.5.6.3 Argentina traffic road marking coatings market estimates and forecasts, by type, 2019 - 2030 (Kilotons) (USD Million)
7.5.6.4 Argentina traffic road marking coatings market estimates and forecasts, by application, 2019 - 2030 (Kilotons) (USD Million)
7.6 Middle East & Africa
7.6.1 Middle East & Africa traffic road marking coatings market estimates and forecasts, 2019 - 2030 (Kilotons) (USD Million)
7.6.2 Middle East & Africa traffic road marking coatings market estimates and forecasts, by product, 2019 - 2030 (Kilotons) (USD Million)
7.6.3 Middle East & Africa traffic road marking coatings market estimates and forecasts, by type, 2019 - 2030 (Kilotons) (USD Million)
7.6.4 Middle East & Africa traffic road marking coatings market estimates and forecasts, by application, 2019 - 2030 (Kilotons) (USD Million)
7.6.5 Saudi Arabia
7.6.5.1 Saudi Arabia traffic road marking coatings market estimates and forecasts, 2019 - 2030 (Kilotons) (USD Million)
7.6.5.2 Saudi Arabia traffic road marking coatings market estimates and forecasts, by product, 2019 - 2030 (Kilotons) (USD Million)
7.6.5.3 Saudi Arabia traffic road marking coatings market estimates and forecasts, by type, 2019 - 2030 (Kilotons) (USD Million)
7.6.5.4 Saudi Arabia traffic road marking coatings market estimates and forecasts, by application, 2019 - 2030 (Kilotons) (USD Million)
7.6.6 South Africa
7.6.6.1 South Africa traffic road marking coatings market estimates and forecasts, 2019 - 2030 (Kilotons) (USD Million)
7.6.6.2 South Africa traffic road marking coatings market estimates and forecasts, by product, 2019 - 2030 (Kilotons) (USD Million)
7.6.6.3 South Africa traffic road marking coatings market estimates and forecasts, by type, 2019 - 2030 (Kilotons) (USD Million)
7.6.6.4 South Africa traffic road marking coatings market estimates and forecasts, by application, 2019 - 2030 (Kilotons) (USD Million)
Chapter 8 Competitive Landscape
8.1 Key Company/Competition Categorization
8.2 Vendor Landscape
8.2.1 List of key Distributors and Channel Partners
8.2.2 key potential customers/end users
8.3 Public Companies
8.3.1 Company market position analysis
8.3.2 Competitive dashboard analysis
8.3.2.1 Market differentiator
8.4 Private Companies
8.4.1 List of Key Emerging Companies/Technology Disruptors/Innovators and their Geographical Presence
Chapter 9 Company Profiles
9.1 3M Company
9.1.1 Company overview
9.1.2 Financial performance
9.1.3 Product benchmarking
9.1.4 Strategic Initiatives
9.2 Dow Chemical Company
9.2.1 Financial performance
9.2.2 Product benchmarking
9.3 Swarco AG
9.3.1 Company overview
9.3.2 Financial Performance
9.3.3 Product benchmarking
9.4 The Sherwin Williams Company
9.4.1 Company overview
9.4.2 Financial performance
9.4.3 Product benchmarking
9.5 Geveko Markings
9.5.1 Company Overview
9.5.2 Financial performance
9.5.3 Product benchmarking
9.5.4 Strategic Initiatives
9.6 Ennis-Flint Inc.
9.6.1 company overview
9.6.2 Financial performance
9.6.3 Product benchmarking
9.7 Crown Technology, LLC
9.7.1 Company overview
9.7.2 Financial Performance
9.7.3 Product Benchmarking
9.8 Vertex Safety Products Private Limited
9.8.1 Company overview
9.8.2 Financial Performance
9.8.3 Product benchmarking
9.9 K.M. Contractors Pvt. Ltd.
9.9.1 Company overview
9.9.2 Financial performance
9.9.3 Product benchmarking
9.10 Automark Technologies (India) Pvt. Ltd.
9.10.1 Company overview
9.10.2 Financial performance
9.10.3 Product benchmarking
9.11 Asian Paints PPG Pvt. Ltd.
9.11.1 Company overview
9.11.2 Financial performance
9.11.3 Product benchmarking
9.12 Surya Min Chem (SMC)
9.12.1 Company overview
9.12.2 Financial performance
9.12.3 Product benchmarking
9.13 Kestrel Thermoplastics Ltd.
9.13.1 Company overview
9.13.2 Financial performance
9.13.3 Product benchmarking
9.14 SealMaster
9.14.1 company overview
9.14.2 Financial performance
9.14.3 Product benchmarking
9.15 Lanino Road Marking Products
9.15.1 Company overview
9.15.2 Financial performance
9.15.3 Product benchmarking

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