Report Ocean has recently released a comprehensive research report on the global Traffic Road Marking Coatings Market. The report offers a detailed analysis of various market characteristics, such as size, growth, segmentation, regional and country breakdowns, competitive environment, market shares, trends, and strategies. It also provides insights into the impact of the COVID-19 pandemic on the market.
Global Traffic Road Marking Coatings Market is valued approximately USD 4.5 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 6% over the forecast period 2020-2027.
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Traffic road marking coatings are used on highways, zebra crossings, airport runways, parkings and other places to indicate people regarding safety and to instruct them at some places. Factors such as rising demand for public and private parking spaces, increasing number of road fatalities, introduction of temperature sensitive paints and increasing investments by the market players are expected to fuel the demand. For instance, in January 2019, Geveko Markings acquired Flexitherm Australia Pty. Ltd. to grow market share in the line of thermoplastic road markings and in 2020 they acquired Ole Peinture, a leading French road marking paint and safety material manufacturer. However, scarcity of raw materials impedes the growth of the market over the forecast period of 2020-2027. Also, increase in construction of car parkings due to construction of malls, supermarkets and hypermarkets is likely to increase the market growth during the forecast period.
Traffic Road Marking Coatings. Asia Pacific, North America, Europe, Latin America and Rest of the World are the regions taken into consideration for regional analysis of traffic road coatings market. Europe is the leading region across the world in terms of market share owing to safety measures, training and better surveillance on contractors. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2020-2027. Factors such as rising airport construction projects in the region, thus increasing the products demand to be used for coating airport runways, would create lucrative growth prospects for the Traffic Road Marking Coatings market across Asia-Pacific region.
Major market player included in this report are:
3M Company
Dow Chemical Company
Swarco AG
The Sherwin Williams Company
Geveko Markings
Ennis-Flint Inc.
Crown Technology, LLC
Vertex Safety Products Private Limited
K.M. Contractors Pvt. Ltd.
Automark Technologies (India) Pvt. Ltd.
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Product:
Paint
Thermoplastic
Preformed Polymer
Epoxy
By Type:
Permanent
Removable
By Application:
Road Marking Lines
Road Marking Labels
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Here are the key questions addressed in the report:
- What is the potential for growth in the Traffic Road Marking Coatings market?
- Which product segment is expected to dominate the market?
- Which regional market is likely to emerge as a frontrunner in the future?
- Which application segment is poised for strong growth?
- What are the potential growth opportunities that may arise in the Traffic Road Marking Coatings industry?
- What are the major challenges that the Traffic Road Marking Coatings Market may face in the future?
- Who are the leading companies in the Traffic Road Marking Coatings Market?
- What are the key trends positively impacting the market’s growth?
- What growth strategies are being considered by the market players to maintain their position in the Traffic Road Marking Coatings Market?
Our sample report encompasses the following elements:
- Introduction, Overview, and In-depth Industry Analysis: A comprehensive analysis of the industry, providing an updated report introduction along with an in-depth examination of key aspects.
- Research Report of 200+ Pages: The report consists of more than 200 pages, incorporating the latest research findings and insights.
- Chapter-wise Guidance: We offer chapter-wise guidance upon request, allowing you to navigate the report and delve into specific areas of interest.
- Updated Regional Analysis with Graphical Representation: Our report includes an updated regional analysis, presented in a graphical format to illustrate the size, share, and emerging trends within each region.
- List of Tables and Figures: It features an updated list of tables and figures that support the information presented in the report.
- Top Market Players: The report includes a comprehensive analysis of the leading market players, highlighting their business strategies, sales volume, and revenue analysis.
- Facts and Factors Research Methodology: Our research methodology is based on a rigorous approach, ensuring the accuracy and reliability of the information presented in the report.
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