Road marking paints & coatings market trends: Innovation and new product developments 2018-2028

FMI logo

VALLEY COTTAGE, N.Y. –  Road marking paints & coatings are used for marking road area, speed breakers, dividers, parking areas, and turning signs amongst others. Road marking plays a crucial role in maintaining road safety and traffic control. This activity is enabled by the application of Road Marking Paints & Coatings by the road marking job companies. Road marking paints & coatings needs to be durable and strongly visible, therefore, abrasion resistant and strong weathering proof paints & and coatings are used for marking the road. Road marking paints are coatings use optical brighteners or fluorescent pigments for providing brightening and fluorescent effect to the road markings. Road marking paints & coatings are generally polymer based and ceramic based coatings including, acrylic, epoxy glass, and other materials. Road marking paints and coatings can be classified into water based, solvent based and other thermoplastic coatings. Glass beads are also used in the road marking purposes. Applications of road marking paints & coatings includes, highways, local roads, parking areas, landing markings, cross roads, and intersections on the roads. The service industry of applying these coatings contributes a significant share in the value chain of the road marking paints & coatings market.

Market Dynamics of Road Marking Paints & Coatings Market

Upsurge in infrastructure development in the emerging economies such as India, China, and Mexico, has been observed in the last few years. Increasing road safety concerns, all over the globe is pushing the road marking paints & coatings. Additionally, increasing awareness about the road safety and use of road marking paints & coatings is expected to drive the demand for road marking paints & coatings, during the forecast period. Increasing population in the countries such as India and china and rise in per capita income of the populations in pushing the need for more roads. Moreover, increasing utilization of the existing roads is accelerating the frequency of road marking, in the densely populated countries. This is also driving the growth of the road marking paints & coatings market.

A sample of this report is available upon request @ https://www.futuremarketinsights.com/reports/sample/rep-gb-9340

Stringent regulations on the VOC content of the road marking paints & coatings, in the developed economies is expected to be challenging factor for the potential growth of the market

Various types of solvent based paints and coatings used in road marking. Solvent based paints & coatings are facing challenges for complying with the norms of VOC contents in these paints & coatings. The potential growth in the demand for road marking paints & coatings, can be impacted due to the stringent regulations on VOC contents of the paints & coatings. Developed regions such as North America and Europe, have more stringent laws for the VOC content, therefore, these regions are expected slow growth compared to other regions such as Asia Pacific and MEA.

Road marking paints & coatings market trends: Innovation and new product developments

Improvement in the visibility and durability of the road marking paints & coatings, is at the center of focus by the manufacturers and formulators. High performance materials are being used in road marking paints & coatings. Continuous research and development in the field of paints & coatings is bolstering the new product developments in this market. Increasing demand for durable and highly visible paints & coating for road marking applications is expected to boost the growth of the global road marking paints & coatings market.

Request Complete TOC Of this Report @ https://www.futuremarketinsights.com/toc/rep-gb-9340

Global road marking paints & coatings market segmentation

On the basis of material type, the global road marking paints & coatings market can be segmented as:

  • Acrylic
  • Epoxy
  • Thermoplastics
  • Other Resins

On the basis of Solvent, the global road marking paints & coatings market can be segmented as:

  • Water Based
  • Organic Solvent Based
  • Powder Based

On the basis of Applications, the global road marking paints & coatings market can be segmented as:

  • Highway road
  • Warehouse Floor
  • Landing strips
  • Park way
  • Car Parking
  • Ramps
  • Zebra Crossing
  • Others (Kerb Stones, Centre Line, Speed Humps, Edge Line)

Road marking paints & coatings Market: Regional Outlook

Large population and increasing infrastructure developments in India, China and other emerging countries in the world, is driving the global road marking paints & coatings market. Asia Pacific region led the global road marking paints & coatings market. China and India are the fast growing countries in the global road marking paints & coatings market. Increasing demand from developing and emerging markets is boosting the demand for road marking paints & coatings. Growing population and increasing demand for high performance paints coatings, all over the world, is putting pressure on the manufacturers to meet the demand, which is pushing new developments in the road marking paints & coatings market. Asia Pacific witnessed high growth in last few years. North America and Europe followed Asia Pacific in terms of demand for road marking paints and coatings, however road marking paints & coatings market in Europe and North America is expected to grow at a slower growth compared to Asia pacific. Latin America also contributed a significant share in the global road marking paints & coatings market. Middle East and Africa is also creating lots of opportunities for road marking paints & coatings market players as the textile processing market is growing at a significant growth rate, in the region.

Buy Now@ https://www.futuremarketinsights.com/checkout/9340

Global Road marking paints & coatings Market Participants        

Some of the market participants identified across the value chain of global road marking paints & coatings market are:

  • The Sherwin-Williams Company
  • 3M
  • SWARCO AG
  • Geveko Markings
  • Ennis-Flint, Inc.
  • JotunCrown Technology, LLC
  • Sealmaster
  • Aximum
  • US Specialy Coatings
  • Rembrandtin Lack GmbH Nfg. Kg
  • Berger Paints

More from Chemicals & Materials Market Insights:

About Us
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

Contact Us
Abhishek Budholiya
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
T (UK): + 44 (0) 20 7692 8790
Sales: sales@futuremarketinsights.com
Press Office: Press@futuremarketinsights.com
Blog: Market Research Blog
Website: https:www.futuremarketinsights.com

Be the first to comment

Leave a Reply

Your email address will not be published.


*