Traffic Road Marking Coating Market 2018 - 2026 | Analysis, Revenue, Price, Market Share, Growth Rate and Forecast
Growing concerns regarding road safety coupled with increasing need to efficiently control and management road traffic supports the market growth.
(EMAILWIRE.COM, October 18, 2018 ) According to a new research published by Polaris Market Research the worldwide Traffic Road Marking Coating Market is anticipated to reach around USD 6,781 million by 2026. In 2017, the paint segment dominated the global market, in terms of revenue. In 2017, Europe accounted for the majority share in the market.
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The rapid increase in traffic congestion across the globe majorly drives the growth of Traffic Road Marking Coating Market. Growing concerns regarding road safety coupled with increasing need to efficiently control and management road traffic supports the market growth. A significant increase in the number of road accidents has been registered, which encourages governments to improve the road infrastructure. Asia-pacific is expected to grow at the highest CAGR during the forecast period. There has been increase in construction of roadways in the developing countries of Asia-Pacific.
The various types of traffic road marking coatings include thermoplastic, paint, preformed polymer tape, and others. The paint segment is expected to lead the Traffic Road Marking Coating Market during the forecast period owing to its increasing demand from the developing regions. Use of paint is generally preferred owing to its easy availability and ability to dry at a faster rate. Thermoplastic is expected to grow at the highest CAGR during the forecast period.
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The well-known companies profiled in Traffic Road Marking Coating Market research report include Vertex Group, Geveko Markings, Dow Chemical Company, Asian Paints PPG Pvt. Ltd., Lanino Road Marking Products, Kataline Infraproducts Pvt. Ltd., Ozark Materials, LLC, Kestrel Thermoplastics Ltd., Crown Technology LLC, and WJ Products Ltd. among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
Leading global players are expanding their presence in developing nations of China, Japan, India, Indonesia, and Malaysia to tap the growth opportunities offered by these countries. A significant increase in the number of road accidents has been registered, which encourages governments to improve the road infrastructure. Introduction of organic road marking coatings along with increasing awareness regarding the use of environment friendly marking materials would provide growth opportunities for Traffic Road Marking Coating Market in the coming years.
Table of Content:
Chapter 1. Overview and Scope
Chapter 2. Executive Summary
Chapter 3. Market Insights
Chapter 4. Size and Forecast
Chapter 5. Dynamics and Segmentation
Chapter 6. Detailed Insight on Company Profiles
TOC Continued…...!!!
Request Sample of this research report @
https://www.polarismarketresearch.com/industry-analysis/traffic-road-marking-coating-market/request-for-free-sample
The rapid increase in traffic congestion across the globe majorly drives the growth of Traffic Road Marking Coating Market. Growing concerns regarding road safety coupled with increasing need to efficiently control and management road traffic supports the market growth. A significant increase in the number of road accidents has been registered, which encourages governments to improve the road infrastructure. Asia-pacific is expected to grow at the highest CAGR during the forecast period. There has been increase in construction of roadways in the developing countries of Asia-Pacific.
The various types of traffic road marking coatings include thermoplastic, paint, preformed polymer tape, and others. The paint segment is expected to lead the Traffic Road Marking Coating Market during the forecast period owing to its increasing demand from the developing regions. Use of paint is generally preferred owing to its easy availability and ability to dry at a faster rate. Thermoplastic is expected to grow at the highest CAGR during the forecast period.
Make an Enquiry Before Buying this research report @
https://www.polarismarketresearch.com/industry-analysis/traffic-road-marking-coating-market/inquire-before-buying
The well-known companies profiled in Traffic Road Marking Coating Market research report include Vertex Group, Geveko Markings, Dow Chemical Company, Asian Paints PPG Pvt. Ltd., Lanino Road Marking Products, Kataline Infraproducts Pvt. Ltd., Ozark Materials, LLC, Kestrel Thermoplastics Ltd., Crown Technology LLC, and WJ Products Ltd. among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
Leading global players are expanding their presence in developing nations of China, Japan, India, Indonesia, and Malaysia to tap the growth opportunities offered by these countries. A significant increase in the number of road accidents has been registered, which encourages governments to improve the road infrastructure. Introduction of organic road marking coatings along with increasing awareness regarding the use of environment friendly marking materials would provide growth opportunities for Traffic Road Marking Coating Market in the coming years.
Table of Content:
Chapter 1. Overview and Scope
Chapter 2. Executive Summary
Chapter 3. Market Insights
Chapter 4. Size and Forecast
Chapter 5. Dynamics and Segmentation
Chapter 6. Detailed Insight on Company Profiles
TOC Continued…...!!!
Contact Information:
Polaris Market Research
Neel
Tel: +1-646-568-9980
Email us
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Polaris Market Research
Neel
Tel: +1-646-568-9980
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results