Global Road Marking Materials Market

Global Road Marking Materials Market Size, Trends, Analysis with COVID-19 Impact - Forecasts 2026 By Type (Paint-Based Markings [Water-based, Solvent-based], Performance-Based Markings [Thermoplastic, Cold Plastic]), By Technology (Epoxy-Based, Polyurethane-Based, Acrylic-Based, Others), By Application (Road & Highway Marking, Parking Lot Marking, Factory Marking, Airport Marking, Antiskid Marking, Others), By Region (North America, Europe, Asia Pacific and Rest of the World), Company Market Share Analysis and Competitor Analysis

Category Automotive & Transportation

Format

This report was recently updated on November 15 2024 with the latest and most recent market numbers

Road Marking Materials Market Insights

The global road marking materials market will propel at a high CAGR over the coming years from 2020 to 2026. Road marking provides drivers and pedestrians’ guidance to ensure lanes and road safety. These materials make roads navigable and safe. Safer roads are necessary to avoid accidents caused by climatic conditions in the region and to reduce the visibility of road signs during the daytime and at night. Hence, the increased visibility of road markers in lane departure warning systems and a wide number of technologies used for making roads safer are the factors that drive market growth. The rising government investments in infrastructure development coupled with the growing expansion of road networks will drive market growth. However, the fluctuation in prices of raw materials and stringent government rules and regulations are some of the factors likely to restrain the market growth during the forecast period.

Road Marking Materials Market: By Type

Based on the study of the type, the market is bifurcated two segments namely; paint-based markings, and performance-based markings. The performance-based markings segment is expected to be the fastest-growing segment during the forecast period. This segment is further segregated into thermoplastic and cold plastic. This is due to the growing adoption of thermoplastic and cold plastic markings across different types of applications such as pedestrian crossing, highways, and the high traffic areas, among others. Because of its strong durability and superior reflecting quality throughout the day as well as at night and under wet weather, thermoplastics are mainly used surface marking products.

Road Marking Materials Market: By Technology

Based on the study of technology, the global road marking materials market is fragmented into polyurethane-based, acrylic-based, and epoxy-based, among others. The largest share contributed in this market segment is the epoxy-based segment. This is due to their excellent adhesive features clubbed with low dirt pick up rates, which are some of the major factors that drive the growth of the market.

Road Marking Materials Market: By Application

Based on the study of the application, this market is fragmented into six segments namely; road & highway marking, parking lot marking, factory marking, airport marking, and antiskid marking, among others. The largest share contributed in this market segment is the road & highway segment. This is due to the cost-effective traffic safety solutions that are expected to drive market growth. Road signs help to provide road users with the information and to direct traffic. These markings act as psychological barriers and indicate traffic route distinction. Paint-based markers are commonly used to mark road surfaces as they provide excellent adhesion to concrete and bituminous surfaces as well as ultra violet-radiation.

Road Marking Materials Market: By Region

Based on the region, the global road marking materials market is split into North America, Europe, MEA, CSA, and Asia-Pacific. The largest revenue contributor in the market is the Asia-Pacific region during the forecast period. The Asia Pacific is also projected to be the fastest-growing region at a high compound annual growth rate during the forecast period. The increasing need to fix problems such as traffic congestion, road accidents, and traffic violations is driving the market growth for the road marking materials. Countries like Japan, India, and China are heavily investing and increasing expenditure in infrastructure development which is expected to propel the market growth in the region.

Road Marking Materials Market Share & Competitor Analysis

The main key players operating in this market are Ennis-Flint, Inc., Geveko Markings, 3M, Rembrandtin Lack GmbH Nfg. KG, Kelly Bros, Kestrel, Hitex International Group, The Sherwin-Williams Company, Asian Paints Ppg Pvt. Limited, SWARCO AG, Sealmaster, Aximum, Crown Technology, LLC, Automark Technologies (India) Pvt. Ltd., Reda National Co., and Ampere System, among others.

Please note: This is not an exhaustive list of companies profiled in the report.

In April 2018, Ennis-Flint, Inc. successfully acquired VERNISOL SPA, Italy's materials manufacturing business. The company is dedicated to providing high quality and effective goods for road safety.

Check the Press Release on Global Road Marking Materials Market Report

Road Marking Materials Market: By Type

Introduction
1. Road Marking Materials Market, By Type, 2020-2026 (USD Million)
Paint-Based Markings
1. Paint-Based Markings: Road Marking Materials Market, 2020-2026 (USD Million)
  1. Water-Based: Road Marking Materials Market, 2020-2026 (USD Million)
  2. Solvent-Based: Road Marking Materials Market, 2020-2026 (USD Million)
Performance-Based Markings
1. Performance-Based Markings: Road Marking Materials Market, 2020-2026 (USD Million)
  1. Thermoplastic: Road Marking Materials Market, 2020-2026 (USD Million)
  2. Cold-Plastic: Road Marking Materials Market, 2020-2026 (USD Million)

Road Marking Materials Market: By Technology

Introduction
1. Road Marking Materials Market, By Technology, 2020-2026 (USD Million)
Epoxy-Based
1. Epoxy-Based: Road Marking Materials Market, 2020-2026 (USD Million)
Polyurethane-Based
1. Polyurethane-Based: Road Marking Materials Market, 2020-2026 (USD Million)
Acrylic-Based
1. Acrylic -Based: Road Marking Materials Market, 2020-2026 (USD Million)
Others
1. Others: Road Marking Materials Market, 2020-2026 (USD Million)

Road Marking Materials Market: By Application

Introduction
1. Road Marking Materials Market, By Application, 2020-2026 (USD Million)
Road & Highway Marking
1. Road & Highway Marking: Road Marking Materials Market, 2020-2026 (USD Million)
Parking Lot Marking
1. Parking Lot Marking: Road Marking Materials Market, 2020-2026 (USD Million)
Factory Marking
1. Factory Marking: Road Marking Materials Market, 2020-2026 (USD Million)
Airport Marking
1. Airport Marking: Road Marking Materials Market, 2020-2026 (USD Million)
Antiskid Marking
1. Antiskid Marking: Road Marking Materials Market, 2020-2026 (USD Million)
Others
1. Others: Road Marking Materials Market, 2020-2026 (USD Million)

Road Marking Materials Market: By Region

Introduction
1. Global Road Marking Materials Market, Regional Analysis, 2018-2026 (USD Million)
North America
1. North America Road Marking Materials Market, Regional Analysis, 2018-2026 (USD Million)
  1. By Type
    1. North America Road Marking Materials Market, By Type, 2018-2026 (USD Million)
  2. By Technology
    1. North America Road Marking Materials Market, By Technology, 2018-2026 (USD Million)
  3. By Application
    1. North America Road Marking Materials Market, By Application, 2018-2026 (USD Million)
  4. By Country
    1. U.S
      1. By Type
        
        U.S. Road Marking Materials Market, By Type, 2018-2026 (USD Million)
      2. By Technology
        
        U.S. Road Marking Materials Market, By Technology, 2018-2026 (USD Million)
      3. By Application
        
        U.S. Road Marking Materials Market, By Application, 2018-2026 (USD Million)
    2. Canada.
      1. By Type
        
        Canada Road Marking Materials Market, By Type, 2018-2026 (USD Million)
      2. By Technology
        
        Canada Road Marking Materials Market, By Technology, 2018-2026 (USD Million)
      3. By Application
        
        Canada Road Marking Materials Market, By Application, 2018-2026 (USD Million)
    3. Mexico
      1. By Type
        
        Mexico Road Marking Materials Market, By Type, 2018-2026 (USD Million)
      2. By Technology
        
        Mexico Road Marking Materials Market, By Technology, 2018-2026 (USD Million)
      3. By Application
        
        Mexico Road Marking Materials Market, By Application, 2018-2026 (USD Million)
Europe
1. Europe Road Marking Materials Market, Regional Analysis, 2018-2026 (USD Million)
  1. By Type
    1. Europe Road Marking Materials Market, By Type, 2018-2026 (USD Million)
  2. By Technology
    1. Europe Road Marking Materials Market, By Technology, 2018-2026 (USD Million)
  3. By Application
    1. Europe Road Marking Materials Market, By Application, 2018-2026 (USD Million)
  4. By Country
    1. Germany
      1. By Type
        
        Germany Road Marking Materials Market, By Type, 2018-2026 (USD Million)
      2. By Technology
        
        Germany Road Marking Materials Market, By Technology, 2018-2026 (USD Million)
      3. By Application
        
        Germany Road Marking Materials Market, By Application, 2018-2026 (USD Million)
    2. UK
      1. By Type
        
        UK Road Marking Materials Market, By Type, 2018-2026 (USD Million)
      2. By Technology
        
        UK Road Marking Materials Market, By Technology, 2018-2026 (USD Million)
      3. By Application
        
        UK Road Marking Materials Market, By Application, 2018-2026 (USD Million)
    3. France
      1. By Type
        
        France Road Marking Materials Market, By Type, 2018-2026 (USD Million)
      2. By Technology
        
        France Road Marking Materials Market, By Technology, 2018-2026 (USD Million)
      3. By Application
        
        France Road Marking Materials Market, By Application, 2018-2026 (USD Million)
    4. Italy
      1. By Type
        
        Italy Road Marking Materials Market, By Type, 2018-2026 (USD Million)
      2. By Technology
        
        Italy Road Marking Materials Market, By Technology, 2018-2026 (USD Million)
      3. By Application
        
        Italy Road Marking Materials Market, By Application, 2018-2026 (USD Million)
Asia Pacific
1. Asia Pacific Road Marking Materials Market, Regional Analysis, 2018-2026 (USD Million)
  1. By Type
    1. Asia Pacific Road Marking Materials Market, By Type, 2018-2026 (USD Million)
  2. By Technology
    1. Asia Pacific Road Marking Materials Market, By Technology, 2018-2026 (USD Million)
  3. By Application
    1. Asia Pacific Road Marking Materials Market, By Application, 2018-2026 (USD Million)
  4. By Country
    1. China
      1. By Type
        
        China Road Marking Materials Market, By Type, 2018-2026 (USD Million)
      2. By Technology
        
        China Road Marking Materials Market, By Technology, 2018-2026 (USD Million)
      3. By Application
        
        China Road Marking Materials Market, By Application, 2018-2026 (USD Million)
    2. Japan
      1. By Type
        
        Japan Road Marking Materials Market, By Type, 2018-2026 (USD Million)
      2. By Technology
        
        Japan Road Marking Materials Market, By Technology, 2018-2026 (USD Million)
      3. By Application
        
        Japan Road Marking Materials Market, By Application, 2018-2026 (USD Million)
    3. India
      1. By Type
        
        India Road Marking Materials Market, By Type, 2018-2026 (USD Million)
      2. By Technology
        
        India Road Marking Materials Market, By Technology, 2018-2026 (USD Million)
      3. By Application
        
        India Road Marking Materials Market, By Application, 2018-2026 (USD Million)
    4. South Korea
      1. By Type
        
        South Korea Road Marking Materials Market, By Type, 2018-2026 (USD Million)
      2. By Technology
        
        South Korea Road Marking Materials Market, By Technology, 2018-2026 (USD Million)
      3. By Application
        
        South Korea Road Marking Materials Market, By Application, 2018-2026 (USD Million)
    5. Rest Of Apac
      1. By Type
        
        Rest Of Apac, Road Marking Materials Market, By Type, 2018-2026 (USD Million)
      2. By Technology
        
        Rest Of Apac Road Marking Materials Market, By Technology, 2018-2026 (USD Million)
      3. By Application
        
        Rest Of Apac Road Marking Materials Market, By Application, 2018-2026 (USD Million)
Central & South America
1. Central & South America Road Marking Materials Market, Regional Analysis, 2018-2026 (USD Million)
  1. By Type
    1. Central & South America Road Marking Materials Market, By Type, 2018-2026 (USD Million)
  2. By Technology
    1. Central & South America Road Marking Materials Market, By Technology, 2018-2026 (USD Million)
  3. By Application
    1. Central & South America Road Marking Materials Market, By Application, 2018-2026 (USD Million)
  4. By Country
    1. Brazil
      1. By Type
        
        Brazil Road Marking Materials Market, By Type, 2018-2026 (USD Million)
      2. By Technology
        
        Brazil Road Marking Materials Market, By Technology, 2018-2026 (USD Million)
      3. By Application
        
        Brazil Road Marking Materials Market, By Application, 2018-2026 (USD Million)
Middle East & Africa
1. Middle East & Africa Road Marking Materials Market, Regional Analysis, 2018-2026 (USD Million)
  1. By Type
    1. Middle East & Africa Road Marking Materials Market, By Type, 2018-2026 (USD Million)
  2. By Technology
    1. Middle East & Africa Road Marking Materials Market, By Technology, 2018-2026 (USD Million)
  3. By Application
    1. Middle East & Africa Road Marking Materials Market, By Application, 2018-2026 (USD Million)
  4. By Country
    1. Saudi Arabia
      1. By Type
        
        Saudi Arabia Road Marking Materials Market, By Type, 2018-2026 (USD Million)
      2. By Technology
        
        Saudi Arabia Road Marking Materials Market, By Technology, 2018-2026 (USD Million)
      3. By Application
        
        Saudi Arabia Road Marking Materials Market, By Application, 2018-2026 (USD Million)
    2. UAE
      1. By Type
        
        UAE Road Marking Materials Market, By Type, 2018-2026 (USD Million)
      2. By Technology
        
        UAE Road Marking Materials Market, By Technology, 2018-2026 (USD Million)
      3. By Application
        
        UAE Road Marking Materials Market, By Application, 2018-2026 (USD Million)

The global Road Marking Materials Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Road Marking Materials Market.

Road Marking Materials Market

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Road Marking Materials Market

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.

Road Marking Materials Market