Press release
Traffic Marking Paints Market Set to Surge - Key Insights You Must Know
Traffic Marking Paints Market SizeThe global Traffic Marking Paints revenue was US$ 3283.2 million in 2022 and is forecast to a readjusted size of US$ 4364.2 million by 2029 with a CAGR of 4.1% during the forecast period (2023-2029).
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Road surface marking is any kind of device or material that is used on a road surface in order to convey official information. They can also be applied in other facilities used by vehicles to mark parking spaces or designate areas for other uses.
Traffic Marking Paint is a kind of paint used to paint road mark. Paint, sometimes with additives such as retroreflective glass beads, is generally used to mark travel lanes. It is also used to mark spaces in parking lots or special purpose spaces for disabled parking, loading zones, or time-restricted parking areas. Colors for these applications vary by locality.
In India, the Traffic Marking Paints revenue is expected to grow from US$ million in 2022 to US$ million by 2029, at a CAGR of % during the forecast period (2023-2029).
By Type
• Thermoplastic Marking Paint
• Waterbased Marking Paint
• Solvent Based Marking Paint
• Two-Component Road Marking Paint
By Application
• Roads & Streets
• Parking Lot
• Airport
Key Companies
3M, Sherwin-Williams, Swarco AG, Nippon Paint, Ennis Flint, Hempel, Geveko Markings, PPG Industries, Asian Paints PPG, SealMaster, Reda National Co., LANINO, TATU, Zhejiang Brother, Zhejiang Yuanguang, Luteng Tuliao, Rainbow Brand
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