Global Traffic Marking Paints Market Growth 2023-2029
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 “Traffic Marking Paints Industry Forecast” looks at past sales and reviews total world Traffic Marking Paints sales in 2022, providing a comprehensive analysis by region and market sector of projected Traffic Marking Paints sales for 2023 through 2029. With Traffic Marking Paints sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Traffic Marking Paints industry.
This Insight Report provides a comprehensive analysis of the global Traffic Marking Paints 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 Traffic Marking Paints portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Traffic Marking Paints market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Traffic Marking Paints 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 Traffic Marking Paints.
The global Traffic Marking Paints market size is projected to grow from US$ 3211.8 million in 2022 to US$ 4299.1 million in 2029; it is expected to grow at a CAGR of 4299.1 from 2023 to 2029.
The global are rather scattered, the global leading players in this market are 3M, Sherwin-Williams, Swarco AG, Nippon Paint, Ennis Flint, which only accounts for about 20 % of total production value. The China market leaders are TATU, Zhejiang Brother, Zhejiang Yuanguang.
This report presents a comprehensive overview, market shares, and growth opportunities of Traffic Marking Paints 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
Hempel
Geveko Markings
PPG Industries
Asian Paints PPG
SealMaster
Reda National Co.
LANINO
TATU
Zhejiang Brother
Zhejiang Yuanguang
Luteng Tuliao
Rainbow Brand
Key Questions Addressed in this Report
What is the 10-year outlook for the global Traffic Marking Paints market?
What factors are driving Traffic Marking Paints market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Traffic Marking Paints market opportunities vary by end market size?
How does Traffic Marking Paints 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.
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