Press release
Global Road Marking Materials Market Size, Share, and Forecast Analysis 2025-2029
Road Marking Materials
What Are the Road Marking Materials Market Size Forecast for 2025?
In the last few years, the market size for road marking materials has seen substantial growth. The projection is for it to rise from $6.38 billion in 2024 to about $6.74 billion by 2025, indicating a compound annual growth rate (CAGR) of 5.6%. Factors contributing to this historic period growth include road safety regulations, expansion of transportation infrastructure, urbanization and population increase, maintenance and refurbishment initiatives, technological progression in road marking materials, and environmental concerns.
What Is the Market Size Outlook for Road Marking Materials Until 2029?
The market for road marking materials is set to experience significant expansion in the forthcoming years, predicted to reach $9.1 billion by 2029 with a compound annual growth rate (CAGR) of 7.8%. Factors contributing to the increased growth forecast include the development and implementation of smart road marking materials specifically designed for autonomous vehicles, the utilization of reflective and highly visible road markings, the use of sustainable and environmentally-friendly road marking materials, the integration of the internet-of-things in road markings, the application of advanced weather-resistant materials, and the usage of tailor-made road markings as part of advanced traffic management strategies. Additionally, key trends anticipated during the forecast period comprise the adoption of solar-powered road markings to enhance energy efficiency, the introduction of 3D and interactive road markings, the introduction of anti-skid and anti-icing road marking materials, the roll-out of dynamic lane markings for advanced traffic management, the deployment of rfid-based road marking solutions for smart tolling systems, and the implementation of augmented reality navigation via road markings.
Explore The Complete Report Now:
https://www.thebusinessresearchcompany.com/report/road-marking-materials-global-market-report
What Are the Major Factors Driving Demand in the Road Marking Materials Market?
The uptick in infrastructure and roadway undertakings in developing economies is predicted to boost the road marking materials market's expansion. As the number of road projects surges, passenger safety becomes increasingly paramount, spurring the use of road marking materials. For example, the Infrastructure and Projects Authority, a government agency based in the UK, reported in February 2024, a planned investment of £164 billion in major infrastructure and construction projects for 2024/25, surpassing that of 2023/24. This underscores a sturdy economic growth. In the coming ten years, total projected investments are likely to range from £700 billion to £775 billion. Consequently, new infrastructure and roadway projects in developing economies are propelling the road marking materials market's growth.
Get Free Sample Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6006&type=smp
How Are End-Use Segments Shaping the Road Marking Materials Market Outlook?
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
What Are the Strategic Trends Transforming the Road Marking Materials Market Landscape?
Innovations in technology have emerged as a predominant trend in the road marking materials sector. For instance, the Germany-based chemical firm, Röhm GmbH, introduced DEGAROUTE proTerra 100, a greener alternative binder for cold plastic road markings, in April 2022. This product boasts a roughly 20% lesser carbon footprint than similar materials produced using virgin raw materials, due to its composition of 30% recycled PMMA. Road markers developed via DEGAROUTE are reactive, solvent-free structures. These hardly ever emit volatile organic compounds (VOC), and their application doesn't necessitate the incorporation of external heat.
Customize Your Insights And Get The Full Report Here:
https://www.thebusinessresearchcompany.com/customise?id=6006&type=smp
Who Are the Prominent Companies in the Road Marking Materials Market by ?
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 Region Is Expected to See the Highest CAGR in the Road Marking Materials Market?
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.
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.
Reach Out to Us
Speak With Our Expert:Saumya Sahay,
Americas +1 310-496-7795,
Asia +44 7882 955267 & +91 8897263534,
Europe +44 7882 955267,
Email: saumyas@tbrc.info
The Business Research Company - www.thebusinessresearchcompany.com
Follow Us On:LinkedIn: https://in.linkedin.com/company/the-business-research-company
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 Global Road Marking Materials Market Size, Share, and Forecast Analysis 2025-2029 here
News-ID: 4159504 • Views: …
More Releases from The Business Research Company
Foam Tape Industry to Achieve $14.62 Billion Growth by 2029
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
How Will the Foam Tape Market Grow by 2025 in Terms of Size and Growth?
In recent times, there has been significant growth in the market size for foam tape. It is projected to escalate from $10.02 billion in 2024 to $10.77 billion in 2025, demonstrating a compound annual growth rate (CAGR)…
Continuous Positive Airway Pressure (CPAP) Mask Market Expansion Outlook: $3.85 …
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
What Is the Projected CAGR for the Continuous Positive Airway Pressure (CPAP) Mask Market from 2024 to 2025?
In recent times, the market size of the continuous positive airway pressure (cpap) mask has seen robust growth. The market is projected to rise from $2.83 billion in 2024 to $3 billion in 2025,…
Alkyd Coating Market to Record 7.5% CAGR Growth Through 2029 | Global Analysis R …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Alkyd Coating Market Outlook: How is the Market Expected to Grow by 2025?
The market size of alkyd coatings has experienced significant growth in the past few years. The market is projected to expand from $25.13 billion in 2024 to $26.74 billion in 2025, exhibiting a compound annual growth rate…
Water Free Skincare Market Analysis: $22.5 Billion by 2029 With a CAGR of 7%
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
Water Free Skincare Market Value Projection: How Much Will the Market Size by 2025?
The market size of waterless skincare has experienced a robust increase in recent years. The expected growth is from $15.96 billion in 2024 to $17.15 billion in 2025, with a compound annual growth rate (CAGR) of 7.5%.…
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…
