Global Road Marking Paint Market Growth 2023-2029

Global Road Marking Paint Market Growth 2023-2029

The Road Marking Paint industry can be broken down into several segments, Thermoplastic Marking Paint, Waterbased Marking Paint, etc. Across the world, the major players cover 3M, Sherwin-Williams, etc. Road surface marking is any kind of device or material that is used on a road surface in order to convey official information. They can also be applied in other facilities used by vehicles to mark parking spaces or designate areas for other uses. Traffic Marking Paint is a kind of paint used to paint road mark. Paint, sometimes with additives such as retroreflective glass beads, is generally used to mark travel lanes. It is also used to mark spaces in parking lots or special purpose spaces for disabled parking, loading zones, or time-restricted parking areas. Colors for these applications vary by locality.
LPI (LP Information)' newest research report, the “Road Marking Paint Industry Forecast” looks at past sales and reviews total world Road Marking Paint sales in 2022, providing a comprehensive analysis by region and market sector of projected Road Marking Paint sales for 2023 through 2029. With Road Marking Paint sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Road Marking Paint industry.
This Insight Report provides a comprehensive analysis of the global Road Marking Paint landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Road Marking Paint portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Road Marking Paint market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Road Marking Paint and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Road Marking Paint.
The global Road Marking Paint market size is projected to grow from US$ 2873.1 million in 2022 to US$ 4009.4 million in 2029; it is expected to grow at a CAGR of 4009.4 from 2023 to 2029.
Global Road Marking Paint key players include 3M, Sherwin-Williams, Swarco AG, Nippon Pain, TATU, etc. Global top five manufacturers hold a share about 20%. Asia-Pacific is the largest market, with a share about 40%, followed by North America, with a share about 30 percent. In terms of product, Thermoplastic Marking Paint is the largest segment, with a share about 60%. And in terms of application, the largest application is Roads & Streets, followed by Parking Lot, Airport, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Road Marking Paint market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Thermoplastic Marking Paint
Waterbased Marking Paint
Solvent Based Marking Paint
Two-Component Road Marking Paint
Others
Segmentation by application
Roads & Streets
Parking Lot
Airport
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
3M
Sherwin-Williams
Swarco AG
Nippon Paint
Ennis Flint
TATU
Geveko Markings
Hempel
KICTEC
PPG Industries
Zhejiang Brother
Asian Paints PPG
Reda National
LANINO
SealMaster
Luteng Tuliao
Zhejiang Yuanguang
Rainbow Brand
Key Questions Addressed in this Report
What is the 10-year outlook for the global Road Marking Paint market?
What factors are driving Road Marking Paint market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Road Marking Paint market opportunities vary by end market size?
How does Road Marking Paint break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.