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Global Traffic Road Marking Coatings Market 2017-2021

Global Traffic Road Marking Coatings Market 2017-2021

About Traffic Road Marking Coatings

Traffic road marking coatings play a vital role in maintaining the road safety, especially in four and six-lane highways. The coatings help ensure the smooth movement of traffic, thereby reducing the number of road accidents. These coatings are easy-to-apply, UV resistant, non-toxic, environment-friendly, and corrosion resistant. Apart from traffic guidance, traffic road marking coatings also act as a tool for warning, controlling, and providing information to drivers. There are several types of traffic road marking coatings available in the market such as paint, thermoplastic, preformed polymer tape, and epoxy.

Technavio’s analysts forecast the global traffic road marking coatings market to grow at a CAGR of 5.13% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global traffic road marking coatings market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW
Technavio's report, Global Traffic Road Marking Coatings Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • 3M
  • Geveko Markings
  • LANINO
  • The Dow Chemical Company
  • The Sherwin-Williams Company
Other prominent vendors
  • Asian Paints PPG
  • Crown Technologies
  • Nippon Paint Holdings
  • SealMaster
  • SWARCO
Market driver
  • Increasing new road construction
  • For a full, detailed list, view our report
Market challenge
  • Increasing competition among vendors
  • For a full, detailed list, view our report
Market trend
  • Emergence of organic road marking materials
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Traffic Road Marking Coatings Market 2017-2021

Technavio recognizes the following companies as the key players in the global traffic road marking coatings market: 3M, Geveko Markings, LANINO, The Dow Chemical Company, and The Sherwin-Williams Company.

Other Prominent Vendors in the market are: Asian Paints PPG, Crown Technologies, Nippon Paint Holdings, SealMaster, and SWARCO.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is emergence of organic road marking materials. Traffic road marking coatings usually contain solvents that are made from VOCs. VOCs are potentially harmful to the environment. With the emergence of organic traffic road marking coatings, the use of VOCs in traffic road marking coatings will reduce. Europe and North America have strict regulations related to VOC emissions.”

According to the report, one driver in the market is increasing new road construction. The construction of new roads worldwide is driving the demand for traffic road marking coatings, thereby impacting the global traffic road marking coatings market positively. Road construction has increased significantly in several countries in APAC, which is fueling the traffic road marking coatings market in APAC as well as globally. Road and transportation is one of the most important contributors for the economic development and growth of a country. Being one of the most crucial public assets, the need for constant maintenance of roads has increased, which, in turn, drives the global traffic road marking coatings market.

Further, the report states that one challenge in the market is increasing competition among vendors. The competition among the vendors is intense. Many vendors have implemented cost-efficient methods of manufacturing traffic road marking coatings in order to offer products at low prices. However, many new entrants lack the technical expertise and financial resources required for producing traffic road marking coatings, which often prevents them from entering the market. However, the presence of many regional and global players intensifies the competition, thereby affecting the revenue of the existing vendors negatively. Therefore, the vendors are looking at new ways to differentiate themselves from their competitors.

Companies Mentioned

3M, Geveko Markings, LANINO, The Dow Chemical Company, and The Sherwin-Williams Company, Asian Paints PPG, Crown Technologies, Nippon Paint Holdings, SealMaster, and SWARCO.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
      • Table Properties of traffic road marking coatings
  • Market Landscape
    • Market ecosystem
      • Table Parent market
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market size and forecast
      • Table Global traffic road marking coatings market 2016-2021 (kilotons)
      • Table Global traffic road marking coatings market - Year-over-year growth 2017-2021 (% share)
      • Table Global traffic road marking coatings market 2016-2021 ($ millions)
      • Table Global traffic road marking coatings market - Year-over-year growth 2017-2021 (% share)
  • Five forces analysis
    • Table Five forces analysis
  • Market segmentation by product
    • Global traffic road marking coatings market by product
      • Table Global traffic road marking coatings market by product 2016-2021 (% share)
    • Global traffic road marking coatings market by paint
      • Table Global traffic road marking coatings market by paint 2016-2021 (kilotons)
      • Table Global traffic road marking coatings market by paint - Year-over-year growth 2017- 2021 (% share)
    • Global traffic road marking coatings market by thermoplastic
      • Table Global traffic road marking coatings market by thermoplastic 2016-2021 (kilotons)
      • Table Global traffic road marking coatings market by thermoplastic - Year-over-year growth 2017-2021 (% share)
    • Global traffic road marking coatings market by preformed polymer tape
      • Table Global traffic road marking coatings market by preformed polymer tape 2016-2021 (kilotons)
      • Table Global traffic road marking coatings market by preformed polymer tape - Year-overyear growth 2017-2021 (% share)
    • Global traffic road marking coatings market by epoxy
      • Table Global traffic road marking coatings market by epoxy 2016-2021 (kilotons)
      • Table Global traffic road marking coatings market by epoxy - Year-over-year growth 2017- 2021 (% share)
    • Market opportunity by product
      • Table Market opportunity by product
  • Regional landscape
    • Geographical segmentation
      • Table Global traffic road marking coatings market 2016-2021 (% share)
    • Regional comparison
      • Table Regional comparison
    • Traffic road marking coatings market in APAC
      • Table Traffic road marking coatings market in APAC 2016-2021 (kilotons)
      • Table Traffic road marking coatings market in APAC - Year-over-year growth 2017-2021 (% share)
    • Traffic road marking coatings market in Europe
      • Table Traffic road marking coatings market in Europe 2016-2021 (kilotons)
      • Table Traffic road marking coatings market in Europe - Year-over-year growth 2017-2021 (% share)
    • Traffic road marking coatings market in North America
      • Table Traffic road marking coatings market in North America 2016-2021 (kilotons)
      • Table Traffic road marking coatings market in North America - Year-over-year growth 2017- 2021 (% share)
    • Traffic road marking coatings market in ROW
      • Table Traffic road marking coatings market in ROW 2016-2021 (kilotons)
      • Table Traffic road marking coatings market in ROW - Year-over-year growth 2017-2021 (% share)
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Emergence of organic road marking materials
    • Advances in technology
    • Rapid rise in infrastructure development projects across emerging economies
  • Vendor landscape
    • Competitive scenario
    • Key market vendors
      • Table Key market vendors
    • Other prominent vendors
  • Vendor analysis
    • 3M
      • Table 3M: Business segmentation by revenue 2016
      • Table 3M: Geographical segmentation by revenue 2016
    • Geveko Markings
    • LANINO
      • Table Products of LANINO
    • The Dow Chemical Company
      • Table The Dow Chemical Company: Business segmentation by revenue 2016
      • Table The Dow Chemical Company: Geographical segmentation by revenue 2016
    • The Sherwin-Williams Company
      • Table The Sherwin-Williams Company: Business segmentation by revenue 2016
      • Table The Sherwin-Williams Company: Geographical segmentation by revenue 2016
  • Appendix
    • List of abbreviations
  • Explore Technavio

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