Traffic Road Marking Coatings Market Growth & Trends
The global traffic road marking coatings market size is expected to reach USD 8.33 billion by 2030, registering a CAGR of 6.2% from 2024 to 2030, 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
Table of Contents
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR’s Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Insights
2.2. Segmental Outlook
2.3. Competitive Outlook
Chapter 3. Traffic Road Marking Coatings Market Variables, Trends & Scope
3.1. Global Traffic Road Marking Coatings Market Outlook
3.2. Industry Value Chain Analysis
3.2.1. Raw Material Outlook
3.3. Technology Overview
3.4. Regulatory Framework
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.5.3. Industry Challenges
3.5.4. Industry Opportunity
3.6. Porter’s Five Forces Analysis
3.6.1. Supplier Power
3.6.2. Buyer Power
3.6.3. Substitution Threat
3.6.4. Threat from New Entrant
3.6.5. Competitive Rivalry
3.7. PESTEL Analysis
3.7.1. Political Landscape
3.7.2. Economic Landscape
3.7.3. Social Landscape
3.7.4. Technological Landscape
3.7.5. Environmental Landscape
3.7.6. Legal Landscape
Chapter 4. Traffic Road Marking Coatings Market: Product Outlook Estimates & Forecasts
4.1. Traffic Road Marking Coatings Market: Product Movement Analysis, 2023 & 2030
4.2. Paint
4.2.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
4.3. Thermoplastic
4.3.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
4.4. Performed Polymer Tape
4.4.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
4.5. Epoxy
4.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
Chapter 5. Traffic Road Marking Coatings Market: Type Outlook Estimates & Forecasts
5.1. Traffic Road Marking Coatings Market: Type Movement Analysis, 2023 & 2030
5.2. Permanent
5.2.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
5.3. Removable
5.3.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
Chapter 6. Traffic Road Marking Coatings Market: Application Outlook Estimates & Forecastsv 6.1. Traffic Road Marking Coatings Market: Application Movement Analysis, 2023 & 2030
6.2. Road Marking Lines
6.2.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
6.3. Road Marking Labels
6.3.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
6.3.2.
Chapter 7. Traffic Road Marking Coatings Market Regional Outlook Estimates & Forecasts
7.1. Regional Snapshot
7.2. Traffic Road Marking Coatings Market: Regional Movement Analysis, 2023 & 2030
7.3. North America
7.3.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
7.3.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million) (Kilotons)
7.3.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
7.3.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
7.3.5. U.S.
7.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
7.3.5.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million) (Kilotons)
7.3.5.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
7.3.5.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
7.3.6. Canada
7.3.6.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
7.3.6.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million) (Kilotons)
7.3.6.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
7.3.6.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
7.3.7. Mexico
7.3.7.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
7.3.7.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million) (Kilotons)
7.3.7.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
7.3.7.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
7.4. Europe
7.4.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
7.4.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million) (Kilotons)
7.4.2.1. Market estimates and forecast, by product, 2018 - 2030 (USD Million) (Kilotons)
7.4.2.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
7.4.2.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
7.4.3. Germany
7.4.3.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
7.4.3.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million) (Kilotons)
7.4.3.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
7.4.3.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
7.4.4. France
7.4.4.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
7.4.4.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million) (Kilotons)
7.4.4.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
7.4.4.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
7.4.5. UK
7.4.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
7.4.5.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million) (Kilotons)
7.4.5.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
7.4.5.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
7.4.6. Russia
7.4.6.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
7.4.6.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million) (Kilotons)
7.4.6.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
7.4.6.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
7.4.7. Italy
7.4.7.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
7.4.7.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million) (Kilotons)
7.4.7.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
7.4.7.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
7.5. Asia Pacific
7.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
7.5.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million) (Kilotons)
7.5.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
7.5.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
7.5.5. China
7.5.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
7.5.5.2. Market estimates and forecast, by form, 2018 - 2030 (USD Million) (Kilotons)
7.5.5.3. Market estimates and forecast, by product, 2018 - 2030 (USD Million) (Kilotons)
7.5.5.4. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
7.5.5.5. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
7.5.6. Australia
7.5.6.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
7.5.6.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million) (Kilotons)
7.5.6.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
7.5.6.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
7.5.7. Japan
7.5.7.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
7.5.7.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million) (Kilotons)
7.5.7.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
7.5.7.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
7.5.8. India
7.5.8.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
7.5.8.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million) (Kilotons)
7.5.8.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
7.5.8.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
7.6. Central & South America
7.6.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
7.6.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million) (Kilotons)
7.6.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
7.6.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
7.6.5. Brazil
7.6.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
7.6.5.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million) (Kilotons)
7.6.5.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
7.6.5.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
7.6.6. Argentina
7.6.6.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
7.6.6.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million) (Kilotons)
7.6.6.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
7.6.6.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
7.7. Middle East & Africa
7.7.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
7.7.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million) (Kilotons)
7.7.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
7.7.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
7.7.5. Saudi Arabia
7.7.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
7.7.5.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million) (Kilotons)
7.7.5.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
7.7.5.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
7.7.6. South Africa
7.7.6.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
7.7.6.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million) (Kilotons)
7.7.6.3. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
7.7.6.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
Chapter 8. Competitive Landscape
8.1. Recent Developments & Impact Analysis, By Key Market Participants
8.2. Company Categorization
8.3. Heat Map Analysis
8.4. Market Strategies
8.5. Vendor Landscape
8.5.1. List of distributors, and channel partners
8.5.2. List of potential end-users
8.6. Strategy Mapping
8.7. Company Profiles/Listing
8.7.1. AutoMark Technologies (India) Pvt. Ltd.
8.7.1.1. Company Overview
8.7.1.2. Financial Performance
8.7.1.3. Product Benchmarking
8.7.2. The Sherwin-Williams Company
8.7.2.1. Company Overview
8.7.2.2. Financial Performance
8.7.2.3. Product Benchmarking
8.7.3. Geveko Markings
8.7.3.1. Company Overview
8.7.3.2. Financial Performance
8.7.3.3. Product Benchmarking
8.7.4. Ennis Flint, Inc.
8.7.4.1. Company Overview
8.7.4.2. Financial Performance
8.7.4.3. Product Benchmarking
8.7.5. Crown Techno
8.7.5.1. Company Overview
8.7.5.2. Financial Performance
8.7.5.3. Product Benchmarking
8.7.6. Dow Inc.
8.7.6.1. Company Overview
8.7.6.2. Financial Performance
8.7.6.3. Product Benchmarking
8.7.7. The 3M Company
8.7.7.1. Company Overview
8.7.7.2. Financial Performance
8.7.7.3. Product Benchmarking
8.7.8. Swarco
8.7.8.1. Company Overview
8.7.8.2. Financial Performance
8.7.8.3. Product Benchmarking
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