Road Marking Materials Market is expected to grow at a CAGR of less than 6% over the forecast period. The main factors driving the research market are increased spending on road safety and increased demand for infrastructure sector in Asia Pacific. Increasing investment in road projects in developing countries is expected to serve as an opportunity. Asia Pacific dominated the global market with the largest consumption in countries such as China and India.
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Key Market Competitors:
Few of the major competitors currently working in the global road marking materials market are The Sherwin Williams Company, Geveko Marking, AXIMUM, KELLY BROS., SWARCO, Ozark Materials, LLC., Ennis Flint, Roadmarking Association of Australia, Evonik Industries, Automack Technologies, Crunchbase Inc., SealMaster®, Geveko Markings, 3M, Nippon Paint (India) Company Limited., PPG Industries, Reda National Co. among others.
Road Marking Materials Market Segments:
By Type
• Paint Based Materials
• Epoxy based
• Polyurethane
• Water based
• Solvent based
• Performance Based Materials
• Thermoplastics
• Cold plastics
By Application
• Road marking
• Factory marking
• Car park marking
• Antiskid marking
• Airport markings
• Others.
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