Categories: News

traffic road Market Size Volume, Share, Demand growth, Business Opportunities, Trends by 2030

The global traffic road marking coatings market size is expected to be worth around US$ 10.1 billion by 2030, according to a new report by Vision Research Reports.

The global traffic road marking coatings market size was valued at US$ 6.6 billion in 2020 and is anticipated to grow at a CAGR of 7.8% during forecast period 2021 to 2030.

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Report Coverage

Report Scope Details
Market Size USD 10.1 billion by 2030
Growth Rate CAGR of 7.8% From 2021 to 2030
Base Year 2021
Historic Data 2017 to 2020
Forecast Period 2021 to 2030
Segments Covered Product, Type, Application
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned AutoMark Technologies (India) Pvt. Ltd.; Sherwin-Williams Company; Geveko Markings; Ennis Flint; Inc.; Crown Techno; Dow Inc.; 3M Company; Swarco.

Growth Factors

 Increased spending on infrastructural development for constructing new highways and focus on repair and maintenance operations are expected to be the key driving factors for the global market. The industry is not only associated with new road construction activities but also with existing maintenance businesses, which drives the demand for repainting.

Key Players

  • AutoMark Technologies (India) Pvt. Ltd.
  • Sherwin-Williams Company
  • Asian Paints PPG Pvt. Ltd.
  • Geveko Markings
  • Ennis Flint, Inc.
  • Crown Techno
  • Dow Inc.
  • 3M Company
  • Swarco

Market Segmentation

  • Product
    • Paint
    • Thermoplastic
    • Preformed Polymer Tape
    • Epoxy
  • Type
    • Permanent
    • Removable
  • Application
    • Road Marking Lines
    • Road Marking Labels
  • Regional
    • North America
      • The U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • Italy
      • The U.K.
      • Russia
    • Asia Pacific
      • China
      • India
      • Japan
      • Australia
    • Central & South America
      • Brazil
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa

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