Road Marking Paint Market will be Valued at 3120 million $ globally by 2023| Top Key Vendors - 3M, Sherwin-Williams, Swarco AG, Nippon Paint and Ennis Flint
Global Road Marking Paint Market Overview:
With the slowdown in world economic growth, the Road Marking Paint industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Road Marking Paint market size to maintain the average annual growth rate of 5.49% from 2300 million $ in 2015 to 2700 million $ in 2018, Market analysts believe that in the next few years, Road Marking Paint market size will be further expanded, we expect that by 2023 , The market size of the Road Marking Paint will reach 3120 million $.
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The major Factors of Global Road Marking Paint market, such as increasing infrastructure spending for constructing new highways and focus on repair & maintenance operations are expected to be the key driving factors for the global market growth.
The report also covers segment data: Product Type, Technology, Application, End User and Region. Based on Product type, the market is segmented into Thermoplastic Marking Paint, Waterbased Marking Paint, Solvent Based Marking Paint, and Two-Component Road Marking Paint.
Based on application, the road marking Paint market has been segmented into road & highway marking, antiskid marking, parking lot marking, factory marking, airport marking, and others. The road & highway marking application segment is projected to lead the overall road marking paint market during the forecast period. The purpose of road markings paint is to provide information to road users and guide traffic. These markings serve as a psychological barrier and signify the delineation of traffic path. Road markings are provided in the form of lines, patterns, words, or objects for controlling, warning, guiding, and informing pedestrians. They are classified as longitudinal markings, transverse markings, object markings, word messages, marking for parking, marking at hazardous locations, and so on. Thermoplastics, cold plastics, solvent-based paints, and water-based paints are commonly used for road & highway markings.
Based on report analysis, the high risk of frontal collisions on single-lane roads means centre line markings are seriously important to guide street users safely on these streets. Road Marking Paint provides the best, most easy navigation assistance to drivers, who must to have the ability to read the road at each turn. Without this most modest of investments, motorists are driving blind whenever we may, in fact, save lives for the price of a pot of paint.
Based on regions, Road Marking Paint are measured on their retro reflectivity. A mere 1% of streets surveyed qualified to reach the top 15 position. Both Europe and Euro NCAP are calling for a full survey of their caliber of road signs and markers to measure their real world variation in signing and marking across borders and define their working tolerances which are acceptable.
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Significant key players:
3 Swarco AG
4 Nippon Paint
5 Ennis Flint
Road Marking Paint market, by region:
1 North America
3 Middle East & Africa
4 South America
Global Road Marking Paint market 2019-2023: From raw materials to downstream buyers of this industry will be analyzed scientifically, the feature of product circulation and sales channel will be presented as well. In a word, this report will help you to establish a panorama of industrial development and characteristics of the Road Marking Paint market.
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This investigation answers to the underneath key inquiries:
1 What is the present size of the Road Marking Paint market on the world and in various nations?
2 How is the Road Marking Paint market partitioned into various item segments?
3 How are the general market and distinctive item segments developing?
4 How is the market anticipated to create later on?
5 What is the market potential contrasted with different nations?
In the end this report covers information and information on limit and generation outline creation piece of the pie investigation deals review supply deals and lack import fare and utilization and additionally cost value income and gross margin of Road Marking Paint.
Significant points in table of contents:
1 Road Marking Paint Introduction and Market Overview
2 Industry Chain Analysis
3 Global Road Marking Paint Market, by Type
4 Road Marking Paint Market, by Application
5 Global Road Marking Paint Production, Value ($) by Region (2014-2019)
6 Global Road Marking Paint Production, Consumption, Export, Import by Regions (2014-2019)
7 Global Road Marking Paint Market Status and SWOT Analysis by Regions
8 Competitive Landscape
9 Global Road Marking Paint Market Analysis and Forecast by Type and Application
10 Road Marking Paint Market Analysis and Forecast by Region
11 New Project Feasibility Analysis
12 Research Finding and Conclusion
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