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.
Road 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.
The global leading players in this market are 3M, Sherwin-Williams, Swarco AG, Nippon Paint, Ennis Flint and Hempel, which only accounts for about 20 % of total revenue share in 2016. These are famous in the road marking paint market for the wonderful product performance and service. The China market leaders are TATU, Zhejiang Brother, Zhejiang Yuanguang.
The Road marking paint mainly classified into five types: thermoplastic marking paint, waterbased marking paint, solvent based marking paint, two-component road marking paint and others. Thermoplastic marking paint is the most popular type worldwide. But the types of road marking paint varies in different countries.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. In the next five years, the consumption volume will keep slow increasing, as well as the consumption value.
According to this study, over the next five years the Road Marking Paint market will register a 4.2% CAGR in terms of revenue, the global market size will reach US$ 3600 million by 2024, from US$ 2810 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Road Marking Paint business, shared in Chapter 3.
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.
This study considers the Road Marking Paint value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Thermoplastic Marking Paint
Waterbased Marking Paint
Solvent Based Marking Paint
Two-Component Road Marking Paint
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Roads & Streets
Parking Lot
Airport
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Road Marking Paint consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Road Marking Paint market by identifying its various subsegments.
Focuses on the key global Road Marking Paint manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Road Marking Paint with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Road Marking Paint submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Road Marking Paint . Industry analysis & Market Report on Road Marking Paint is a syndicated market report, published as Global Road Marking Paint Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Road Marking Paint market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.