Road Marking Materials Market worth 7m

Road
Marking Materials Market worth $7.5 billion by 2025

The report "Road
Marking Materials Market
by Type (Performance-based Markings & Paint-based Markings), Application
(Road & Highway Marking, Parking Lot Marking, Factory Marking, Airport
Marking, and Anti-skid Marking), and Region - Global Forecast to 2025" The road marking materials market is
projected to grow from USD 6.1 billion in 2020 to USD 7.5 billion by 2025, at a
CAGR of 4.4% from 2020 to 2025. The market is witnessing average growth across
the world due to factors such as, increased spending on safer roads, and new
infrastructure and roadway projects in emerging economies.

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Browse in-depth TOC on "Road Marking Materials Market"

213 - Tables

44 - Figures

203 – Pages

By type, the paint-based markings segment is estimated to
dominate the global road marking materials market

By type, the paint-based markings segment of the road
marking materials market is estimated to dominate the global road marking
materials market due to their cost-effectiveness and efficient performance.
These markings generate high demand due to their retro-reflective glass beads
and are generally used to denote travel lanes or mark parking spaces. These
factors are expected to drive the road marking materials growth in the type
segment.

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By application, airport markings segment is estimated to
be the fastest-growing segment of road marking materials market from 2020 to
2025.

By application, the airport markings application segment
is projected to growth with the highest CAGR in the global road marking
materials market, during the forecast period. The high growth of the airport
marking application segment is primarily due to the significance of airport
safety. These markings guide airplanes coming into and going out from a runway
or taxiway, provide situational awareness, provide an essential visual aid to
authorities, and promote overall airfield safety. These factors are estimated
to drive the growth of airport markings segment in the road marking materials
market during the forecast period.

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Asia Pacific is estimated to register the highest growth
in the global road marking materials market during forecast period

Asia Pacific is projected to be the fastest growing
market for road marking materials during the forecast period. The growing
demand for road marking materials is primarily driven by the increasing
investments in the civil construction sector, as well as the growing need for
safer roads. The various infrastructural activities by emerging economies like
China and India is driving the growth of the Asia Pacific Road marking
materials market during the forecast period. These factors are estimated to
lead the road marking materials market in Asia Pacific region.

The Sherwin-Williams Company (US), Ennis-Flint, Inc.
(US), SWARCO AG (Austria), Geveko Markings (Denmark), SealMaster (US), 3M (US),
Aximum (France), Rembrandtin Lack GmbH Nfg. KG (Austria), Crown Technology, LLC
(US), Basler Lacke (Switzerland), and Ozark Materials, LLC (US) are the key
players in road marking materials market.

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