Title: Road Marking Materials Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast (2022-2027)
1Road Marking Materials Market - Industry
Analysis, Market Size, Share, Trends, Application
Analysis, Growth And Forecast (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.
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- Key Takeaways
- 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. - However, the fluctuations in the prices of the
materials may restrict the road marking materials
market growth during the forecast period of
2022-2027.
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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 pigment
s 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.
Thus, thermoplastic marking paints are an ideal
material for roads. These paints come in a
variety of colors, each of which has a distinct
function.
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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_
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