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Traffic Road Marking Coating Market Analysis with Size, Regional Outlook, Competitive Strategies and Forecasts from 2018 to 2026 by Focusing on Top Key Players including Vertex Group, Geveko Markings, Dow Chemical Company, Asian Paints PPG Pvt. Ltd., Lani

Traffic Road Marking Coating Market

Traffic Road Marking Coating Market

According to a new research published by Polaris Market Research the worldwide Traffic Road Marking Coating Market is anticipated to reach around USD 6,781 million by 2026. In 2017, the paint segment dominated the global market, in terms of revenue. In 2017, Europe accounted for the majority share in the market.

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The rapid increase in traffic congestion across the globe majorly drives the growth of Traffic Road Marking Coating Market. Growing concerns regarding road safety coupled with increasing need to efficiently control and management road traffic supports the market growth. A significant increase in the number of road accidents has been registered, which encourages governments to improve the road infrastructure. Asia-pacific is expected to grow at the highest CAGR during the forecast period. There has been increase in construction of roadways in the developing countries of Asia-Pacific.

The various types of traffic road marking coatings include thermoplastic, paint, preformed polymer tape, and others. The paint segment is expected to lead the Traffic Road Marking Coating Market during the forecast period owing to its increasing demand from the developing regions. Use of paint is generally preferred owing to its easy availability and ability to dry at a faster rate. Thermoplastic is expected to grow at the highest CAGR during the forecast period.

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The well-known companies profiled in Traffic Road Marking Coating Market research report include Vertex Group, Geveko Markings, Dow Chemical Company, Asian Paints PPG Pvt. Ltd., Lanino Road Marking Products, Kataline Infraproducts Pvt. Ltd., Ozark Materials, LLC, Kestrel Thermoplastics Ltd., Crown Technology LLC, and WJ Products Ltd. among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

Leading global players are expanding their presence in developing nations of China, Japan, India, Indonesia, and Malaysia to tap the growth opportunities offered by these countries. A significant increase in the number of road accidents has been registered, which encourages governments to improve the road infrastructure. Introduction of organic road marking coatings along with increasing awareness regarding the use of environment friendly marking materials would provide growth opportunities for Traffic Road Marking Coating Market in the coming years.

Table of Content:

Chapter 1. Overview and Scope

Chapter 2. Executive Summary

Chapter 3. Market Insights

Chapter 4. Size and Forecast

Chapter 5. Dynamics and Segmentation

Chapter 6. Detailed Insight on Company Profiles

TOC Continued…...!!!

About Us:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.

Contact Us:
Mr. Neel
Corporate Sales, USA
Polaris Market Research and Consulting
Phone: 1-646-568-9980
Email: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com

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