Press release
Road Marking Materials Market Outlook to Reflect Impressive Growth Rate by 2026
Report Overview: https://www.transparencymarketresearch.com/road-marking-materials-market.html
Surge in demand for environmentally neutral product is stimulating all the market vendors to contain bio-based products in the range of products. In order to get a good grip in various regions, companies are consistently expanding to newer regions such as Asia Pacific. Players are undergoing strategic partnership such as mergers and acquisitions in order to reach to customers of locality.
According to Transparency Market Research, the global road marking materials market is anticipated to expand at 5.5% of CAGR during the forecast period, 2016 - 2024. The market which was valued at US$3.50 bn in 2015, is likely to touch US$5.66 bn by the end of the assessed period. The global road marking materials market outlook on the basis of materials is segregated into performance-based marking and paint-based markings. Amongst these paint-based markings dominates and contributes the most in terms of revenue due long durability and low costs. Based on geography, Asia Pacific holds a lion's share which roughly accounts for 36% of the overall market in recent years. Reasons helping the region to grow at a stupendous rate is increasing awareness among the population regarding workplace and road safety. Apart from these, aggressive rise in construction activities of roads networks along with development projects is helping the region to rise high.
Request For Brochure: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=13655
Rising Awareness Regarding Road Safety Bolsters the Market Demand
Increasing awareness among governmental and public bodies regarding the immense number of benefits associated with road markings is one of the major driver driving the market in the positive direction. One of the major benefit which is making the governmental bodies meticulously work on road markings is it can bring down the accident rates at a dramatic way. According to a study, existence of center and edge markings on road can plunge down the rate of accidents by 20%. Government of various countries are constantly taking up initiatives to provide road safety, thus favoring the market in a big way.
Fast pace rise in infrastructure development projects, particularly in developing countries like China, India, Indonesia, South Africa, and Brazil have increased the market growth to a huge extent globally. Rapid Urbanization among countries in Asia Pacific region is fostering the market to grow.
Erratic Raw Material Prices to Deter Market Growth
However, apart from the positive side, the global road marking materials market is faced by numerous challenges. One of the major restraint factor, deterring the growth of the market is volatile raw cost materials like pigments, additives, and resins that are extracted from crude oil. Unstable global oil and gas industry owing to various political dispute has hindered the market growth. Nonetheless, advent of bio based materials is anticipated to create new avenues in the market. Avoiding the price fluctuations, bio based raw materials will be adopted by developed countries owing to stringent VOC emission related rules and regulations.
REQUEST FOR COVID19 IMPACT ANALYSIS -https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=13655
Explore Transparency Market Research's award-winning coverage of the global Chemicals and Materials Industry:https://www.prnewswire.com/news-releases/global-paints--coatings-fillers-market-volume-to-reach-25-465-kilo-tons-by-2027-transparency-market-research-301007303.html
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
https://www.prnewswire.com/news-releases/global-paints--coatings-fillers-market-volume-to-reach-25-465-kilo-tons-by-2027-transparency-market-research-301007303.html
REQUEST FOR COVID19 IMPACT ANALYSIS -https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=13655
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Road Marking Materials Market Outlook to Reflect Impressive Growth Rate by 2026 here
News-ID: 2047339 • Views: …
More Releases from Transparency Market Research
Automotive Thermal Management System Market Poised to Reach USD 173.8 Billion by …
The global automotive thermal management system market is entering a high-growth phase, fueled by the rapid electrification of vehicles, stricter emission norms, and rising expectations for vehicle safety, comfort, and efficiency. Valued at US$ 82.6 billion in 2025, the market is projected to nearly double and reach US$ 173.8 billion by 2036, expanding at a robust CAGR of 6.8% from 2026 to 2036.
Thermal management has become a mission-critical function in…
Thermal-Management Exterior Coatings for High-Altitude Aircraft Market to be Wor …
The global Thermal-Management Exterior Coatings for High-Altitude Aircraft Market was valued at US$ 1.8 Bn in 2025 and is projected to reach US$ 9.8 Bn by 2036, expanding at a robust CAGR of 17.5% during the forecast period from 2026 to 2036.
Review critical insights and findings from our Report in this sample -
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=86920
This strong growth trajectory reflects the rising importance of advanced exterior coating technologies that ensure aircraft performance, safety,…
Epithelioma Treatment Market Outlook 2035: Rising Skin Cancer Burden, Breakthrou …
The global epithelioma treatment market has entered a decisive growth phase, supported by rising cancer prevalence and rapid therapeutic innovation. In 2024, the market was valued at US$ 5.1 Bn, reflecting the growing demand for advanced diagnostic and therapeutic solutions targeting epithelial-origin tumors. Over the forecast period from 2025 to 2035, the industry is projected to expand at a robust compound annual growth rate (CAGR) of 8.8%, reaching a valuation…
Tablet Hardness Testers Market to Reach USD 427.9 Mn by 2036, Driven by Rising P …
The Tablet Hardness Testers Market is a critical part of the pharmaceutical quality-control ecosystem. Tablet hardness testers are used to measure the mechanical strength of tablets to ensure they can withstand handling, packaging, transportation, and storage without breaking, while still dissolving correctly once ingested. As regulatory oversight becomes stricter and pharmaceutical production expands globally, the demand for accurate and reliable hardness testing equipment continues to rise.
The global Tablet Hardness Testers…
More Releases for Material
Firestop Material Market
LOS ANGELES, United States: The global Firestop Material market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the global Firestop Material market. For instance, the market dynamics section digs deep into the drivers, restraints, trends, and…
New Material Direction for Electric Toothbrushes - Si-TPV Soft Over Molded Mater …
When it comes to factors such as consumer experience or ergonomics, Si-TPV Soft Over Molded Material has had a huge impact on the improvement of various products such as electric toothbrushes, etc. Si-TPV is a Silicone Combine TPU developed and produced by SILIKE, a Thermoplastic Elastomer Manufacturer (Thermoplastic Elastomer Suppliers). Si-TPV material adopts Innovative Soft Slip Technology and Sustainable Overmolding Techniques, which can be used to make Stain Resistance Soft…
A new light on a misjudged material - Plastic waste: material for art
Used plastic bottles are not waste, but a valuable resource. They can be reprocessed in a variety of ways and transformed into new products or fresh energy. And into art. This is exactly what Ve-ronika Richterová does. The Czech artist creates fascinating sculp-tures made out of old PET bottles.
Plastic has inspired artists from the very beginning. The reason: plas-tic meets almost all technical and aesthetic requirements. It is a uni-versal…
Global Thermal Transfer Material Market, Global Thermal Transfer Material Indust …
Thermal conductivity refers as an important characteristic for several manufacturing operations. Thermal transfer properties of a variety of materials are effective in certain applications owing to natural molecular structure that allows for direct heat-transfer. Thermal transfer materials are extensively used to manufacture the heat conductive adhesive tapes, printable products and polymer sheets. These polymer sheets are utilized for barcodes, labeling, and QR code labels for retailing, logistics, and consumer goods.…
The Future of Smart Material Market Runs Through the Material Industry
Smart Materials Market is expected to garner $72.63 billion by 2022, registering a CAGR of 14.9% during the forecast period 2016-2022. Smart materials are adaptive or intelligent materials which pose intrinsic and extrinsic capabilities. These can be altered by external stimuli, such as moisture, temperature, electromagnetic field, and pressure to obtain the desired functional effects. In addition, these materials are dynamic in nature and respond to their immediate interaction environments…
Global Regenerative Artificial Skin Sales Market Research Report 2017 (Temporary …
The report "Global Regenerative Artificial Skin Sales Market Report 2017", has been prepared based on an in-depth market analysis with inputs from industry experts.
This report studies sales (consumption) of Regenerative Artificial Skin in Global market, especially in United States, China, Europe and Japan, focuses on top players in these regions/countries, with sales, price, revenue and market share for each player in these regions, covering
Integra Life Sciences Corporation
Mylan N.V
Johnson & Johnson…
