Road Marking Paint Market Overview
The global road marking paints market growth is driven by increasing awareness of road safety, better road infrastructure, and regular maintenance of roads. Road marking paint is made up of three main components: pigments, binders, and solvents. These are generally of 3 types: thermoplastic, solvent-based, and water-based road marking paint.
Road Marking Paint Market Dynamics and Trends
The increasing awareness of road safety is expected to drive the growth of the road marking paint market. This is because road marking paints are used to improve visibility and make roads safer for drivers and pedestrians.
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However, the use of road marking paints is being challenged by the development of alternative materials, such as cold plastic and spray plastic. These alternative materials are more durable and require less time to dry, making them more attractive to road authorities.
Road Marking Paint Market Segmentation Analysis
By Type
- Thermoplastic
- Water-Based
- Solvents Based
- Two-Component
- Bio Renewable
- Others
By Applications
- Roads
- Airports
- Parking Lot
- Ports
- Commercial/ Manufacturing Industries
- Private Apartments
- Racing Tracks/ Children Parks
- Others
By Marking Machines
- Trucks
- Self Propelled Machines
- Hand Guided Machines
By Region
- North America
- South America
- Europe
- Asia Pacific
- Middle East and Africa
Major Companies Covered
Swarco, Geveko Markings, Ennis-Flint, Hempel, Asian Paints PPG, Sealmaster, Berger Paints, Nippon Paint Holdings Co and BASF Coatings.
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