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Global Traffic Road Marking Coatings Market to reach USD 7.17 billion by 2027.

Global Traffic Road Marking Coatings Market Size study, by Product (Paint, Thermoplastic, Preformed Polymer Tape and Epoxy), Type (Permanent and Removable), Application (Road Marking Lines and Road Marking Labels) and Regional Forecasts 2020-2027

Product Code: CAMPCAA_99307456
Publish Date: 28-12-2020
Page: 200

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. 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 product’s 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.

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

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Traffic Road Marking Coatings Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Traffic Road Marking Coatings Market, by Region, 2018-2027 (USD Billion)
1.2.2. Traffic Road Marking Coatings Market, by Product, 2018-2027 (USD Billion)
1.2.3. Traffic Road Marking Coatings Market, by Type, 2018-2027 (USD Billion)
1.2.4. Traffic Road Marking Coatings Market, by Application, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Traffic Road Marking Coatings Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Traffic Road Marking Coatings Market Dynamics
3.1. Traffic Road Marking Coatings Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.1.1. Increasing need for road safety and maintenance
3.1.1.2. Rising road infrastructure spending
3.1.2. Market Challenges
3.1.2.1. Low maintenance & repainting initiatives in developing countries
3.1.2.2. Strict regulations for controlling VOC emissions in the atmosphere
3.1.3. Market Opportunities
3.1.3.1. Growing R & D activities to manufacture low VOC content coatings
3.1.3.2. Increase in construction of car parkings
Chapter 4. Global Traffic Road Marking Coatings Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Traffic Road Marking Coatings Market, by Product
5.1. Market Snapshot
5.2. Global Traffic Road Marking Coatings Market by Product, Performance – Potential Analysis
5.3. Global Traffic Road Marking Coatings Market Estimates & Forecasts by Product 2017-2027 (USD Billion)
5.4. Traffic Road Marking Coatings Market, Sub Segment Analysis
5.4.1. Paint
5.4.2. Thermoplastic
5.4.3. Preformed Polymer Tape
5.4.4. Epoxy
Chapter 6. Global Traffic Road Marking Coatings Market, by Type
6.1. Market Snapshot
6.2. Global Traffic Road Marking Coatings Market by Type, Performance – Potential Analysis
6.3. Global Traffic Road Marking Coatings Market Estimates & Forecasts by Type 2017-2027 (USD Billion)
6.4. Traffic Road Marking Coatings Market, Sub Segment Analysis
6.4.1. Permanent
6.4.2. Removable
Chapter 7. Global Traffic Road Marking Coatings Market, by Application
7.1. Market Snapshot
7.2. Global Traffic Road Marking Coatings Market by Application, Performance – Potential Analysis
7.3. Global Traffic Road Marking Coatings Market Estimates & Forecasts by Application 2017-2027 (USD Billion)
7.4. Traffic Road Marking Coatings Market, Sub Segment Analysis
7.4.1. Road Marking Lines
7.4.2. Road Marking Labels
Chapter 8. Global Traffic Road Marking Coatings Market, Regional Analysis
8.1. Traffic Road Marking Coatings Market, Regional Market Snapshot
8.2. North America Traffic Road Marking Coatings Market
8.2.1. U.S. Traffic Road Marking Coatings Market
8.2.1.1. Product breakdown estimates & forecasts, 2017-2027
8.2.1.2. Type breakdown estimates & forecasts, 2017-2027
8.2.1.3. Application breakdown estimates & forecasts, 2017-2027
8.2.2. Canada Traffic Road Marking Coatings Market
8.3. Europe Traffic Road Marking Coatings Market Snapshot
8.3.1. U.K. Traffic Road Marking Coatings Market
8.3.2. Germany Traffic Road Marking Coatings Market
8.3.3. France Traffic Road Marking Coatings Market
8.3.4. Spain Traffic Road Marking Coatings Market
8.3.5. Italy Traffic Road Marking Coatings Market
8.3.6. Rest of Europe Traffic Road Marking Coatings Market
8.4. Asia-Pacific Traffic Road Marking Coatings Market Snapshot
8.4.1. China Traffic Road Marking Coatings Market
8.4.2. India Traffic Road Marking Coatings Market
8.4.3. Japan Traffic Road Marking Coatings Market
8.4.4. Australia Traffic Road Marking Coatings Market
8.4.5. South Korea Traffic Road Marking Coatings Market
8.4.6. Rest of Asia Pacific Traffic Road Marking Coatings Market
8.5. Latin America Traffic Road Marking Coatings Market Snapshot
8.5.1. Brazil Traffic Road Marking Coatings Market
8.5.2. Mexico Traffic Road Marking Coatings Market
8.6. Rest of The World Traffic Road Marking Coatings Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. 3M Company
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2. Dow Chemical Company
9.2.3. Swarco AG
9.2.4. The Sherwin Williams Company
9.2.5. Geveko Markings
9.2.6. Ennis-Flint Inc.
9.2.7. Crown Technology, LLC
9.2.8. Vertex Safety Products Private Limited
9.2.9. K.M. Contractors Pvt. Ltd.
9.2.10. Automark Technologies (India) Pvt. Ltd.
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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