Road Marking Materials Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The road marking materials market is segmented by Type (Polymer-based Markings and Paint-based Markings), Application (Road Markings, Factory Markings, Car Park Markings, Airport Markings, and Anti-skid Markings), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa)

Road Marking Materials Market Snapshot

Road Marking Materials Market - Market Summary
Study Period: 2016 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: Asia Pacific
CAGR: <6 %

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Market Overview

The market road marking materials is expected to grow at a CAGR of less than 6% during the forecast period. Major factors driving the market studied are an increase in spending on road safety, rising demand from the infrastructure sector in Asia-Pacific.

  • Increasing investments for roadway projects in developing economies is expected to act as an opportunity
  • Asia-Pacific dominated the market across the globe with the largest consumption in country such as China, India, etc.

Scope of the report

The road marking materials market report includes:

Type
Polymer-based Markings
Thermoplastics
Cold Plastics
Paint-based Markings
Solvent-based
Water-based
Epoxy
Polyurethane-based
Application
Road Markings
Factory Markings
Car Park Markings
Airport Markings
Anti-skid Markings
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
Italy
France
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa

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Key Market Trends

Road Making Dominate the Market

  • Road markings provide direction to drivers and pedestrians to ensure lane driving and road safety. It also indicates regulations for stopping and parking. 
  • Annually, traffic accidents kill more than 1.2 million people and injure up to 50 million people, worldwide. The increase in a number of such incidences has urged the government bodies of several nations to increase their budgets for road safety in current and future action plans.
  • With this, the focus has increased significantly on the usage of road markings, and, in turn, the materials used for the same.
  • In addition, several European and Asian countries are now approaching newer methods of road safety. Such factors are expected to increase the demand for road marking materials over the coming years.
Road Marking Materials Market Segmentation Trends

China to Dominate the Asia-Pacific Region

  • The demand for road marking materials is expected to witness moderately high growth in China, owing to the increase in infrastructural expenditure and construction of roads, parking lots, etc.
  • The increasing concerns for road traffic safety recently have led to an increase in demand for road marking materials, in order to ensure lane driving.
  • In addition, the Chinese government has been giving strong support in order to meet the rising needs for transportation in the country.
  • In addition, the Civil Aviation Administration of China (CAAC) announced its plan to build about 66 new airports by 2021, which is a positive factor for the road marking materials market.
  • Owing to such large-scale projects, the demand for road marking materials is expected to increase substantially in the coming years.
Road Marking Materials Market Regional Trends

Competitive Landscape

The road marking materials market is fragmented in nature. Some of the major companies in the market include BASLER LACKE SWITZERLAND, Ennis Flint, Inc, Kataline Group, Ozark Materials LLC., and SealMaster, among others.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Increase in Spending for Road Safety

      2. 4.1.2 Rising Demand from Infrastructure Sector in Asia-Pacific

    2. 4.2 Restraints

      1. 4.2.1 Stringent Environmental Regulations in North America and Europe

    3. 4.3 Industry Value-Chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition

  5. 5. MARKET SEGMENTATION

    1. 5.1 Type

      1. 5.1.1 Polymer-based Markings

        1. 5.1.1.1 Thermoplastics

        2. 5.1.1.2 Cold Plastics

      2. 5.1.2 Paint-based Markings

        1. 5.1.2.1 Solvent-based

        2. 5.1.2.2 Water-based

        3. 5.1.2.3 Epoxy

        4. 5.1.2.4 Polyurethane-based

    2. 5.2 Application

      1. 5.2.1 Road Markings

      2. 5.2.2 Factory Markings

      3. 5.2.3 Car Park Markings

      4. 5.2.4 Airport Markings

      5. 5.2.5 Anti-skid Markings

    3. 5.3 Geography

      1. 5.3.1 Asia-Pacific

        1. 5.3.1.1 China

        2. 5.3.1.2 India

        3. 5.3.1.3 Japan

        4. 5.3.1.4 South Korea

        5. 5.3.1.5 Rest of Asia-Pacific

      2. 5.3.2 North America

        1. 5.3.2.1 United States

        2. 5.3.2.2 Canada

        3. 5.3.2.3 Mexico

      3. 5.3.3 Europe

        1. 5.3.3.1 Germany

        2. 5.3.3.2 United Kingdom

        3. 5.3.3.3 Italy

        4. 5.3.3.4 France

        5. 5.3.3.5 Rest of Europe

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle-East and Africa

        1. 5.3.5.1 Saudi Arabia

        2. 5.3.5.2 South Africa

        3. 5.3.5.3 Rest of Middle-East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share Analysis**

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 AUTOMARK INDUSTRIES (INDIA) PVT LTD

      2. 6.4.2 BASLER LACKE SWITZERLAND

      3. 6.4.3 Crown Technology LLC

      4. 6.4.4 Dianal America Inc.

      5. 6.4.5 Ennis-Flint Inc.

      6. 6.4.6 Geveko Markings

      7. 6.4.7 Kataline Group

      8. 6.4.8 Kelly Bros

      9. 6.4.9 Kestrel Thermoplastics Ltd

      10. 6.4.10 Ozark Materials LLC

      11. 6.4.11 SealMaster

      12. 6.4.12 SWARCO

      13. 6.4.13 The Sherwin-Williams Company

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

    1. 7.1 Increasing Investments for Roadway Projects in Developing Economies

**Subject to Availability

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Frequently Asked Questions

The Road Marking Materials Market market is studied from 2016 - 2026.

The Road Marking Materials Market is growing at a CAGR of <6% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

Asia Pacific holds highest share in 2020.

BASLER LACKE SWITZERLAND, Ennis Flint, Inc, Kataline Group, Ozark Materials LLC, SealMaster are the major companies operating in Road Marking Materials Market.

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