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Road Marking Paints & Coatings Market Size & Share, by Product (Water-Based, Solvent-Based, Thermoplastic); Type (Permanent, Removable Markings); Application (Roads & Highways, Airports, Parking Lots) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2033

  • Report ID: 4183
  • Published Date: Feb 23, 2023
  • Report Format: PDF, PPT

Companies Dominating the Road Marking Paints & Coatings Landscape

top-features-companies
    • The Dow Chemical Company
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • PPG Industries, Inc.
    • Sherwin-Williams
    • Geveko Markings
    • Crown Technology Inc.
    • Nippon Paint Holdings Group
    • Hempel A/S
    • Allnex Netherlands BV
    • Teknos Group Oy
    • Aexcel Corporation
    • Hitex
Browse Key Market Insights with Data Illustration:

In the News

  • The Dow Chemical Company launched DURATRACK 2K Technology for broad area markings, including green bike lanes. This new development is considered to yield superior adhesion, skid resistance, UV durability, and short drying time while promoting work zone safety through a speedy and efficient installation process.

  • PPG Industries, Inc. has established a new business unit called Traffic Solutions, following the acquisition of Ennis-Flint in December 2020. This unit is centered on manufacturing and supplying an array of pavement-marking products and other advanced technologies in various sectors.

 


Author Credits:  Smruti Ranjan, Rajrani Baghel


  • Report ID: 4183
  • Published Date: Feb 23, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The expansion of global road length, increased sales, and production of vehicles along with investment in road construction are the major factors driving the market growth.

The market is anticipated to attain a CAGR of ~6% over the forecast period, i.e., 2023-2033.

Stringent regulations governing VOC emissions and rising concern for environment are estimated to be the growth hindering factors for the market expansion.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2033 and provide more business opportunities in the future.

The major players in the market are The Dow Chemical Company, PPG Industries, Inc., Sherwin-Williams, Geveko Markings, Crown Technology Inc., Nippon Paint Holdings Group, Hempel A/S, Allnex Netherlands BV, Teknos Group Oy, Aexcel Corporation, Hitex and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by product, type, application, and by region.

The roads & highways segment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.
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