Global Traffic Road Marking Coatings Market is forecasted to grow at 6.0% with factors such as Growing construction and maintenance of existing roadway infrastructure in various regions.
Traffic road marking coatings market has shown an exceptional penetration in countries such as China, U.S. and Russia. Growth in intelligent street marking systems and machines. In developing countries, strong distribution network including multi-brand stores and online retailers is creating opportunity for the global traffic road marking coatings market.
Traffic road marking coatings Market Scenario
According to Data Bridge Market Research the market for traffic road marking coatings in Asia-Pacific region has the highest market share followed by North America and Europe. Market leader is Hempel A/S which accounts an estimated market share of approximately 8% to 11% in the global traffic road marking coatings market. The company has gained outstanding sales through their industrial product which is traffic road marking coatings product. In 2021 May, SWARCO strengthens its partnership with Australian road marking specialist SUPALUX by establishing its first office in Australia, in the main industrial sector of Perth, Western Australia's capital city. SWARCO created the partnership to expand their road marking systems business in Australia..
- In August, 2020 Visever S.L. (Spain) signed the bilateral agreement with Christos Meglas S.A. for the exclusive supply of road marking paints in Greece. The company made this agreement in order to apply the important endowment of machinery and qualified workers to perform any road marking project.
Trends Impacting the Market
Now the question is which other regions Hempel A/S, Dow and Nippon Paint Holdings Co., Ltd. are targeting? Data Bridge Market Research has forecasted a large growth in Asia-Pacific traffic road marking coatings market and the market leaders targeting Japan and India to be their next revenue pockets for 2020.
The traffic road marking coatings market is becoming more competitive every year with companies such as regions Hempel A/S, Dow, and Nippon Paint Holdings Co., Ltd.as they are the market leaders for traffic road marking coatings. The data bridge market research new reports highlight the major growth factors and opportunities in the traffic road marking coatings market.
For more analysis on the traffic road marking coatings market request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-traffic-road-marking-coatings-market
Traffic road marking coatings Market Development
- In 2020 September, PPG Industries, Inc. launched low-VOC waterborne coating system for China refinish market. This development has helped the company to increase the revenue in near future.
Scope of the Traffic road marking coatings Market
Global traffic road marking coatings market is segmented on the basis of countries into the U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Russia, Turkey, Switzerland, Belgium, Netherlands, Rest of Europe, Japan, China, South Korea, India, Australia and New Zealand, Singapore, Thailand, Indonesia, Malaysia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Egypt, Saudi Arabia, U.A.E., Israel, Rest of Middle East & Africa.
- All country based analysis of traffic road marking coatings market is further analyzed based on further segmentation. On the basis of By Product (Paints, Preformed Polymer Tapes, Thermoplastics, Epoxy, Field-Reacted Systems, and Permanent Markers), On the basis Type (Permanent and Removable), On the basis Type of Marking (Flat Marking and Extruded Marking), On the basis Application (Road Marking Lines and Road Marking Labels), On the basis End Use (Roads and Highways, Parking Lots, Airport, Factory, Anti-Skid, Sports Field and Others),
To know more about the study https://www.databridgemarketresearch.com/reports/global-traffic-road-marking-coatings-market
Key Pointers Covered in Traffic road marking coatings Market Industry Trends and Forecast to 2027
- Market Size
- Market Standards and Changes
- Market Trials in Different Regions
- Market Requirements in Different Regions
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Recent Market Value for Different regions
- Sales Data for Market Competitors
- Key Vendors and Disruptors Study
- Supply Chain Competiveness
Key Market Competitors Covered in the Report
- Hempel A/S
- Dow
- Nippon Paint Holdings Co., Ltd.
- PPG Industries, Inc.
- The Sherwin-Williams Company
- 3M
- Aexcel Corporation
- SWARCO
- Integrated traffic systems
- Australian Paint Company Pty Ltd.
- Arkema
- Hitex International Group
- SAKAI CHEMICAL INDUSTRY CO.,LTD.
- Geveko markings
- Crown Technology, LLC
- JOTUN
- NUOVO SRL
- Visever S.L.
- Teknos Group
- ALLNEX GMBH
Above are the key players covered in the report, to know about more and exhaustive list of traffic road marking coatings companies, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-traffic-road-marking-coatings-market
Research Methodology: Global Traffic road marking coatings Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Road Industry
- Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
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