Road Marking Paint Market Value Projected to Expand by 2031

The global road marking paint market is anticipated to grow at a considerable CAGR of 5.0% during the forecast period. Transportation infrastructure development projects involve the construction, expansion, and maintenance of roads, highways, and other transportation networks. These projects create a demand for road marking paint, which is essential for clear and visible road markings to guide traffic and ensure safety. Road marking paint is needed for lane dividers, crosswalks, and directional indicators. Over time, road markings fade and deteriorate due to weather conditions and heavy traffic, which creates a sustained demand for road marking paint. The growth of the Road Marking Paint Market is driven by urbanization, population growth, government regulations, and safety standards. Technological advancements in road marking paint also contribute to market growth. The market is expected to increase as countries continue to invest in infrastructure projects, and the demand for road marking paint is expected to grow. The growth in the construction industry is also expected to drive the market for thermoplastic marking paints in the coming years. For instance,

  • In December 2021, The Japan International Cooperation Agency (JICA) and India’s Ministry of Road Transport and Highways (MoRTH) signed an agreement for capacity development for the maintenance of resilient mountainous highways. The agreement between JICA and MoRTH is part of the Assam South Asia Subregional Economic Cooperation Corridor Connectivity Improvement Project. The project aims to build and maintain hill highways in India, and the agreement will help improve the institutional capacity of operation and maintenance of mountainous highways in India.
  • In June 2022, the European Commission chosen 135 transport infrastructure projects for European Union (EU) grants out of 399 proposals submitted under the Connecting Europe Facility (CEF). The funding aims to enhance missing infrastructure connections, promote sustainable and efficient transport, improve safety and interoperability, and generate employment opportunities. With a total investment of $6.5 billion, the EU is committed to developing sustainable, safe, and efficient transport infrastructure. Among the supported projects is the enhancement of the rail-road transhipment terminal in Haniska pri Košicich, which will facilitate improved connections with Ukraine and strengthen the EU’s railway network.

To Request a Sample of our Report on Road Marking Paint Market:  https://www.omrglobal.com/request-sample/road-marking-paint-market

Market Coverage

  • The market number available for – 2023-2031
  • Base year- 2023
  • Forecast period- 2024-2031

Segment Covered- 

  • By Type
  • By Application

Regions Covered-

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Competitive Landscape- Includes Alfa Laval AB, Bosch Thermotechnik GmbH, Sigma Thermal Inc., Astec Industries, Inc., Thermax, and others.

Road Marking Paint Market Report Segment

By Type

  • Thermoplastic Marking Paint
  • Waterbased Marking Paint
  • Solvent Based Marking Paint
  • Two-Component Road Marking Paint

By Application 

  • Roads & Streets
  • Parking Lot
  • Airport
  • Other (Industrial Areas)

A full Report of Road Marking Paint Market is Available @  https://www.omrglobal.com/industry-reports/road-marking-paint-market

Road Marking Paint Market Report Segment by Region

North America                                                                                                           

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe

Asia-Pacific

  • India
  • China
  • Japan
  • South Korea
  • Rest of APAC

Rest of the World

  • Latin America
  • Middle East and Africa

Company Profiles

  • Automark Technologies (India) Pvt. Ltd.
  • Coo-Var
  • Crown USA, Inc.
  • Ennis-Flint
  • Geveko Markings
  • Hempel
  • Kataline Infraproducts Pvt. Ltd.
  • Kestrel Partners LLP
  • Lanino Road Marking Products
  • Nippon Paint Holdings Group
  • Ozark Materials LLC
  • Rembrandtin Coatings GmbH
  • Safetrack Bauchemie GmbH
  • SealMaster
  • Specco Industries Inc.
  • Suzhou Rainbow New Material Co., Ltd.  |
  • Swarco AG
  • WJ Group
  • Zhejiang Brother Chemical Co., Ltd

Reasons to buy from us –

  1. We cover more than 15 major industries, further segmented into more than 90 sectors.
  2. More than 120 countries are for analysis.
  3. Over 100+ paid data sources mined for investigation.
  4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/road-marking-paint-market

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404