Title: Road Marking Materials Market
1Road Marking Materials MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2022-2027
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- The Road Marking Materials Market size is
forecasted to reach US8.3 billion by 2027, after
growing at a CAGR of 4.2 during the forecast
period 2022-2027. Road marking materials such as
retroreflective material, reflective markers,
water-based paints, thermoplastic and others are
often deployed across various road construction
applications. These road marking materials are
highly reflective materials, which improve
visibility even in inclement weather or other
low-light conditions. Along with this, it aids in
increasing driver awareness of nearby danger
zones and advises them to maintain adequate speed
management. The growth of the highway
construction projects is primarily accelerating
the road marking materials market growth.
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- Key Takeaways
- Asia-Pacific dominated the Road Marking Materials
Market, owing to the growth of the road
development projects in the region. For instance,
as of July 2022, the Zengcheng-Foshan Expressway
project is under construction phase in China, to
be completed by 2025. - The better endurance of the asphalt road surface
is being ensured by the growing use of
thermoplastic marking paints, owing to this the
adoption of thermoplastic marking paint is
increasing. This, in turn, is fueling market
expansion. - Moreover, the development of sustainable road
marking materials is driving the growth of the
road marking materials industry.
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By Distribution Channel- Segment Analysis The
Thermoplastic marking paints segment held the
largest Road Marking Materials Market share in
2021 and is forecasted to grow at a CAGR of 4.3
during the forecast period 2022-2027. The primary
composition of thermoplastic marking paints is a
synthetic resin, additives and pigments like
titanium dioxide. These compositions assist the
paints to maintain their color and reflectivity
over time. This coating is resistant to wear due
to its high strength and durability.
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- Road Marking Materials Market Industry Outlook
- Sherwin Williams Company
- Geveko Marking
- Aximum SA
- Kelly Bros Erinline
- Swarco Limburger Lackfabric GmbH
- Ozark Materials LL
- Ennis Flint
- Roadmarking Industry Association of Australia
- Evonik Industries
- Automack Technologies
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Road Marking Materials Market Forecast (2022 -
2027) Learn More About the
Report _at_ https//www.industryarc.com/Research/Ro
ad-Marking-Materials-Market-Research-500179
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- Analyst Briefing
- Data Tables
- Key Contacts
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