Press release
Road Marking Materials Market on Track for Strong Growth, Estimated to Grow at 8.1% CAGR Through 2029
Road Marking Materials
What Is the Expected CAGR for the Road Marking Materials Market Through 2025?
There has been a robust increase in the market size for road marking materials in recent years. The market is projected to expand from $6.38 billion in 2024 to $6.85 billion in 2025, with a compound annual growth rate (CAGR) of 7.4%. The significant growth witnessed in the past can be accredited to several factors such as road safety regulations, the expansion in transportation infrastructure, urbanization and population surge, maintenance and renovation initiatives, technological progress in the field of road marking materials, and environmental considerations.
What's the Projected Size of the Global Road Marking Materials Market by 2029?
The market for road marking materials is poised for impressive growth in the upcoming years, anticipated to reach a value of $9.37 billion by 2029 at a compound annual growth rate (CAGR) of 8.1%. This projected expansion during the forecast period is due to an array of factors including the adoption of intelligent road marking materials for self-driving vehicles, the utilization of reflective and conspicuously visible road markings, the surge in usage of sustainable and eco-friendly materials for road markings, incorporation of Internet of Things (IoT) in road markings, enhanced weather-resilient materials, and tailor-made road markings designed for effective traffic management. Key trends predicted for this duration encompass energy-efficient solar-powered road markings, three-dimensional and interactive road markings, road marking materials that are anti-skid and anti-icing, fluid lane markings for efficient traffic management, Radio Frequency Identification (RFID)-enabled road marking for intelligent toll collection, and the use of augmented reality for navigation via road markings.
View the full report here:
https://www.thebusinessresearchcompany.com/report/road-marking-materials-global-market-report
Top Growth Drivers in the Road Marking Materials Industry: What's Accelerating the Market?
Emerging economies are undertaking new infrastructure and roadway projects, which are predicted to stimulate the road marking materials market growth. The surge in road projects necessitates greater emphasis on passenger safety, which increases the demand for road marking materials. As an example, the Infrastructure and Projects Authority, a governmental agency in the UK, stated in February 2024 that the planned investment of £164 billion for significant infrastructure and construction projects for 2024/25 surpasses that of the 2023/24, indicating robust economic growth. Over the following decade, the overall forecasted investments are expected to be around £700 billion to £775 billion. Hence, the road marking materials market is seeing significant growth driven by new infrastructure and roadway projects in emerging economies.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6006&type=smp
What Trends Will Shape the Road Marking Materials Market Through 2029 and Beyond?
The rise of technological advancements is becoming a prominent trend in the road marking materials market. For example, in April 2022, Röhm GmbH, a chemical firm based in Germany, introduced DEGAROUTE proTerra 100, a greener alternative binder for creating road markings with cold plastic. This new material boosts environmental sustainability as it has a 20% lower carbon footprint compared to similar products created from raw, virgin materials. This is mainly because its composition includes 30% recycled PMMA. The road markings created using DEGAROUTE are solvent-free, reactive systems that seldom emit volatile organic compounds (VOCs) and do not require additional external heat during application.
What Are the Main Segments in the Road Marking Materials Market?
The road marking materials market covered in this report is segmented -
1) By Type: Paint-Based Marking, Solvent-Based Paints, Water-Based Paints, Performance-Based Marking, Thermoplastics, Cold Plastics
2) By Application: Road Markings, Factory Markings, Car Park Markings, Airport Markings, Anti-Skid Markings
Subsegments:
1) By Paint-Based Marking: Conventional Paints, Reflective Paints, High-Performance Paints
2) By Solvent-Based Paints: Alkyd-Based Solvent Paints, Acrylic-Based Solvent Paints, Epoxy-Based Solvent Paints
3) By Water-Based Paints: Acrylic Water-Based Paints, Latex Water-Based Paints, Low-VOC Water-Based Paints
4) By Performance-Based Marking: High-Visibility Marking, Durable Marking Solutions, Specialized Marking for Extreme Conditions
5) By Thermoplastics: Pre-formed Thermoplastic Markings, Hot-Applied Thermoplastic Materials, Reflective Thermoplastic Markings
6) By Cold Plastics: Two-Component Cold Plastic Markings, High-Performance Cold Plastic Materials, Cold Plastic Temporary Markings
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=6006&type=smp
Which Top Companies are Driving Growth in the Road Marking Materials Market?
Major companies operating in the road marking materials market include The Sherwin-Williams Company, Minnesota Mining and Manufacturing Company, Ennis Flint Inc., Evonik Industries AG, Geveko Marking UK Ltd., Hempel AS, Kelly Bros Ltd., Ozark Materials LLC, Sealmaster of Pennsylvania Inc., SWARCO Industries Inc., Automark Technologies Private Ltd., Asian Paints Ltd., Chemac Inc., DCC LANINO ROAD SAFETY PRIVATE LIMITED, Dow Chemical Company, Epoplex GmbH & Co. KG, Geveko Markings India Pvt. Ltd., Hitex International Group, Hi-Way Services Ltd., Kestrel Thermoplastics Limited, Crown Technology Inc., LANINO LLC, Liquid Plastics Limited, Nippon Paint (M) Sdn Bhd, Potters Industries LLC, RAE Products and Chemicals Corp., Roadmark Corporation, Viz Reflectives North America, 3M Co., Aximum SA, BASF SE, BASLER LACKE AG, BNKO Environmental Technology Co. Ltd., Crown US LLC, Dianal America Inc., Henkel Corp., NITTO DENKO CORPORATION, Permionics Membranes Private Limited, PPG Industries Ltd.
Which Regions Will Dominate the Road Marking Materials Market Through 2029?
Asia-Pacific was the largest region in the road marking materials market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the road marking materials market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=6006
This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Learn More About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Reach out to us:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 on Track for Strong Growth, Estimated to Grow at 8.1% CAGR Through 2029 here
News-ID: 4081382 • Views: …
More Releases from The Business Research Company
Seed Treatment Fungicides Market to Grow at 9.3% CAGR, Reaching $3.15 Billion by …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Seed Treatment Fungicides Market Outlook: How is the Market Expected to Grow by 2025?
Over the past few years, the market for seed treatment fungicides has seen robust growth. Its market value is projected to rise from $2.07 billion in 2024 to $2.21 billion in 2025, signifying a compound annual…
Rheology Modifiers Market Growth to be Driven by Emerging Trends | $10.92 Billio …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Rheology Modifiers Industry?
There has been a consistent expansion in the size of the rheology modifiers market in the past few years. The market, which was worth $8.59 billion in 2024, is projected to increase to $8.89 billion in 2025, demonstrating a compound…
Polyurethane Foam Market to Record 8.4% CAGR Growth Through 2029 | Global Analys …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Polyurethane Foam Market Outlook: How is the Market Expected to Grow by 2025?
In recent years, the size of the polyurethane foam market has experienced substantial growth. It is projected to increase from a value of $54.27 billion in 2024 to $57.26 billion in 2025, indicating a compound annual growth…
Pharmaceutical Intermediates Market Size to Reach $46.04 Billion by 2029 | Growt …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Pharmaceutical Intermediates Industry?
There has been consistent growth in the market size of pharmaceutical intermediates over the past few years. The market is predicted to increase from a value of $33.37 billion in 2024, up to $34.95 billion in 2025, with a compound…
More Releases for Marking
Marking the Way: Traffic Road Marking Coating Market (2023-2032)
"According to the research report, the global traffic road marking coating market was valued at USD 5.85 billion in 2022 and is expected to reach USD 11.75 billion by 2032, to grow at a CAGR of 7.3% during the forecast period."
Polaris Market Research has recently published the latest update on Traffic Road Marking Coating Market: By Size, Latest Trends, Share, Huge Growth, Segments, Analysis and Forecast, 2030 that offers detailed…
Dot Peen Marking Machines Market : Latest Research Reveals Key Trends for Busine …
Global Dot Peen Marking Machines Market Size was estimated at USD 171.1 million in 2021 and is projected to reach USD 270.4 million by 2028, exhibiting a CAGR of 6.76% during the forecast period.
Market Overview:
Global Dot Peen Marking Machines Market Report 2022 comes with the extensive industry analysis by Introspective Market Research with development components, patterns, flows and sizes. The report also calculates present and past market values to forecast…
Dot Peen Marking Machines Market: Worldwide Study on Top Players | Gravotech, SI …
Global Dot Peen Marking Machines Market Size was estimated at USD 171.1 million in 2021 and is projected to reach USD 270.4 million by 2028, exhibiting a CAGR of 6.76% during the forecast period.
Report Overview:
Global Dot Peen Marking Machines Market Report 2022 comes with the extensive industry analysis by Introspective Market Research with development components, patterns, flows and sizes. The report also calculates present and past market values to forecast…
Electrolytic Marking Machine Market is Estimated to Perceive Exponential Growth …
This report estimates the growth rate and the market value based on domain dynamics and growth driving factors. While preparing this Global Electrolytic Marking Machine market research report, a few of the attributes that have been adopted include updated industry performance. The report offers wide-ranging statistical analysis of the market's continuous developments, capacity, production, production value, cost/profit, supply/demand and import/export. This market report also assesses the growth rate and the market value…
Line Marking Australia Offers Warehouse Line Marking For Safety Environment
Line Marking Australia offers you highly educated, competent, customer service-oriented staff who set the standard for all customers. Quality Dulux paint is used in all Line marking projects. With the best employees, they have proven to their clients that they are not a business that is will cut corners on the items that matter the most. When you avail services from them will be able to expect top-of-the-line services and…
Road Marking Paint Market Report 2018: Segmentation by Product (Thermoplastic Ma …
Global Road Marking Paint market research report provides company profile for Ennis Flint, Hempel, Geveko Markings, PPG Industries, Asian Paints PPG, SealMaster, 3M, Sherwin-Williams, Swarco AG, Nippon Paint and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018…
