PUBLISHER: TechNavio | PRODUCT CODE: 1777157
PUBLISHER: TechNavio | PRODUCT CODE: 1777157
The road marking materials market is forecasted to grow by USD 1,756.1 mn during 2024-2029, accelerating at a CAGR of 4.6% during the forecast period. The report on the road marking materials market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing awareness and adoption of road safety, increase in highway road construction, and infrastructure development in emerging economies.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 4.4% |
CAGR | 4.6% |
Incremental Value | $1,756.1 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's road marking materials market is segmented as below:
By Type
By Application
By Form Factor
By Geographical Landscape
This study identifies the increase in adoption of smart and autonomous mobility as one of the prime reasons driving the road marking materials market growth during the next few years. Also, growing demand for eco-friendly road marking materials and growing demand for reflective and high-performance markers will lead to sizable demand in the market.
The report on the road marking materials market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading road marking materials market vendors that include 3M Co., Axnoy Industries LIp, AutoMark Technologies (India) Pvt. Ltd., AUTOMARK INDUSTRIES (INDIA) Pvt. Ltd., Basler Lacke AG, Crown Technology LLC, Evonik Industries AG, Geveko Markings, Kataline Group, KELLY BROS, Kestrel Thermoplastics Ltd., Nanjing Roadsky Traffic Facility Co.Ltd., NIPSEA Group, Ozark Materials LLC, PPG Industries Inc., Rembrandtin Coatings GmbH, SealMaster, Sunrise Overseas, SWARCO AG, and The Sherwin Williams Co.. Also, the road marking materials market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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