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Road Marking Materials Market Research Report - Forecast to 2023 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market.

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Presentation on theme: "Road Marking Materials Market Research Report - Forecast to 2023 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market."— Presentation transcript:

1 Road Marking Materials Market Research Report - Forecast to 2023 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)

2 www.marketresearchfuture.com2 Road Marking Materials Market Research Report- Forecast to 2023 The Global Road Marking Materials Market is anticipated to touch a value of USD 5,446.5 million by 2023, asserts Market Research Future (MRFR). The market can showcase 5.77% CAGR from 2018 to 2023 (forecast period) to reach this benchmark. The market is expected to be assisted with increased spending on developing roads. Investments in road infrastructure development which can provide economic and social benefits to cities. Benefits of fostering goodwill between communities by building roads and promoting trade is likely to provide opportunities for the road marking materials market. This is exemplified with countries in Asia Pacific allotting high budgets for improving their roads in order to boost tourism. Construction of new roadway projects can fuel the demand rate in the Road Marking Materials Market till 2023. This is best exemplified by the construction of the ambitious One Belt, One Road (OBOR) initiative by China which will connect borders with multiple countries and encourage international trade. But the utilization of solvent based marking paints which emit toxic fumes can pose a challenge to the market. Road Marking Materials Market - Overview

3 www.marketresearchfuture.com3 Road Marking Materials Market Research Report- Forecast to 2023 The Road Marking Materials Market is segmented by Type and Application. By Type, the thermoplastic paint markings segment accounted for 32.3% market share in 2017. The segment can expand to a value of USD 1,806.9 million by 2023. The explosive growth can be attributed to eco-friendly nature and superior durability of thermoplastic paint markings. By Application, roads & streets accounted for 55.3% share in 2017 owing to the use of markings for displaying signs and warning lines to prevent collisions and accidents. The segment is predicted to exhibit 6.09% CAGR over the forecast period to touch a value of USD 3,085.8 million by 2023. View Full Press Release @ https://www.marketresearchfuture.com/reports/road-marking-materials-market-7411https://www.marketresearchfuture.com/reports/road-marking-materials-market-7411 Segmental Analysis

4 www.marketresearchfuture.com4 Road Marking Materials Market Research Report- Forecast to 2023 Regional Outlook Region-wise, the Road Marking Materials Market is segmented into Europe, North America, Asia Pacific (APAC), South America, and the Middle East & Africa (MEA). Among them, APAC dominated the market in 2017 with more than 38% share. The segment can grow at 6.69% CAGR over the assessment period to reach a value of USD 3,085.8 million by 2023. This can be attributed to continuous development of roads and highways to support the economy.

5 www.marketresearchfuture.com5 Road Marking Materials Market Research Report- Forecast to 2023 Major Players in this Research Road Marking Materials Market Prominent Players: 3M (U.S.) Sherwin-Williams (U.S.) Nippon Paint Holdings Co. Ltd. (Japan) Ennis Flint Inc. (U.S.) Hempel (The Netherlands) PPG Industries Inc. (U.S.) Asian Paints Ltd. (India) SealMaster (U.S.) LANINO (South Africa) Reda National Co. (Saudi Arabia) TATU Traffic Group (China) Zhejiang Brother Guidepost Paint Co. Ltd. (China) Helios Group (Slovenia) Get Free Sample @ https://www.marketresearchfuture.com/sample_request/7411https://www.marketresearchfuture.com/sample_request/7411

6 www.marketresearchfuture.com6 ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous- Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at info@marketresearchfuture.comwww.marketresearchfuture.cominfo@marketresearchfuture.com Copyright © 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future.

7 www.marketresearchfuture.com7 MARKET RESEARCH FUTURE THANK YOU salesteam@marketresearchfuture.com Ph: +1-646-845-9349 (US) Ph: +44 208 133 9349 (UK)


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