Product Code: CHEM2446
Road Marking Paints and Coatings Market Introduction and Overview
According to SPER Market Research, 'Road Marking Paints and Coatings Market Size- By Material Type, By Marking Type, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' states that the Road Marking Paints and Coatings Market is estimated to reach USD 12.99 billion by 2033 with a CAGR of 6.47%.
Pigments, binders, and solvents are the three essential components of road marking paints and coatings. These are often available in a variety of forms, including water-based, solvent-based, thermoplastic, and others. It is utilized in various colors according to the uses that vary by location to identify loading zones, travel lanes, and special purpose areas for handicapped parking, time-restricted parking, etc. Since reflective mats make it easier for drivers to drive on the road in low visibility, road marking paints and coatings have become more and more popular.
The COVID-19 pandemic has significantly impacted the growth of the global market for paints and coatings used for road markings. Projects to build infrastructure and implement stringent social separation measures were momentarily halted by lockdowns imposed by multiple governments. As a result, work on roads and highways was postponed or delayed. The need for road marking materials in the transportation and infrastructure sectors declined dramatically over this period.
Scope of the Report:
Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Material Type, By Marking Type, By Application
Regions covered North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
Companies Covered Sherwin Williams Company, Asian Paints PPG, Pidilite Industries, Helios Road Markings, Berger paints, US Specialty Coatings, Aexcel Corporation, Fleet Line Markers Ltd., Nippon Paints, Crown USA Inc. and others.
Road Marking Paints and Coatings Market Segmentation
By Material Type: Based on the Material Type, Global Road Marking Paints and Coatings Market is segmented as; Marking Tape, Thermoplastics, Cold Plastics, Paint-Based Markings, Solvent-borne Markings, Water-borne Markings, 2-Component Epoxy, Others.
By Application: Based on the Application, Global Road Marking Paints and Coatings Market is segmented as; Road and Highway Marking, Pavement Marking, Parking Lot Marking, Factory Marking, Airport Marking, Field Marking, Others.
By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
Table of Contents
1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER's internal database
- 2.1.4. Premium insight from KOL's
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
- 4.2. COVID-19 Impacts of the Global Road Marking Paints and Coatings Market.
5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTER's Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
6. Competitive Landscape
- 6.1. Global Road Marking Paints and Coatings Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Road Marking Paints and Coatings Market
7. Global Road Marking Paints and Coatings Market, By Material Type (USD Million) 2020-2033
- 7.1. Global Road Marking Paints and Coatings Market Size, Share and Forecast, By Material Type, 2020-2026
- 7.2. Global Road Marking Paints and Coatings Market Size, Share and Forecast, By Material Type, 2027-2033
- 7.3. Marking Tape
- 7.4. Thermoplastics
- 7.5. Cold Plastics
- 7.6. Solvent-borne Markings
- 7.7. Water-borne Markings
- 7.8. 2-Component Epoxy
- 7.9. Others
8. Global Road Marking Paints and Coatings Market, By Marking Type (USD Million) 2020-2033
- 8.1. Global Road Marking Paints and Coatings Market Size, Share and Forecast, By Marking Type, 2020-2026
- 8.2. Global Road Marking Paints and Coatings Market Size, Share and Forecast, By Marking Type, 2027-2033
- 8.3. Permanent
- 8.4. Removable
9. Global Road Marking Paints and Coatings Market, By Application (USD Million) 2020-2033
- 9.1. Global Road Marking Paints and Coatings Market Size, Share and Forecast, By Application, 2020-2026
- 9.2. Global Road Marking Paints and Coatings Market Size, Share and Forecast, By Application, 2027-2033
- 9.3. Road and Highway Marking
- 9.4. Pavement Marking
- 9.5. Parking Lot Marking
- 9.6. Factory Marking
- 9.7. Airport Marking
- 9.8. Field Marking
- 9.9. Others
10. Global Road Marking Paints and Coatings Market, Forecast, 2020-2033 (USD Million)
- 10.1. Global Road Marking Paints and Coatings Market Size and Market Share
11. Global Road Marking Paints and Coatings Market, By Region, 2020-2033 (USD Million)
- 11.1. Global Road Marking Paints and Coatings Market Size and Market Share By Region (2020-2026)
- 11.2. Global Road Marking Paints and Coatings Market Size and Market Share By Region (2027-2033)
- 11.3. Asia-Pacific
- 11.3.1. Australia
- 11.3.2. China
- 11.3.3. India
- 11.3.4. Japan
- 11.3.5. South Korea
- 11.3.6. Rest of Asia-Pacific
- 11.4. Europe
- 11.4.1. France
- 11.4.2. Germany
- 11.4.3. Italy
- 11.4.4. Spain
- 11.4.5. United Kingdom
- 11.4.6. Rest of Europe
- 11.5. Middle East and Africa
- 11.5.1. Kingdom of Saudi Arabia
- 11.5.2. United Arab Emirates
- 11.5.3. Qatar
- 11.5.4. South Africa
- 11.5.5. Egypt
- 11.5.6. Morocco
- 11.5.7. Nigeria
- 11.5.8. Rest of Middle-East and Africa
- 11.6. North America
- 11.6.1. Canada
- 11.6.2. Mexico
- 11.6.3. United States
- 11.7. Latin America
- 11.7.1. Argentina
- 11.7.2. Brazil
- 11.7.3. Rest of Latin America
12. Company Profile
- 12.1. SHERWIN WILLIAMS COMPANY
- 12.1.1. Company details
- 12.1.2. Financial outlook
- 12.1.3. Product summary
- 12.1.4. Recent developments
- 12.2. ASIAN PAINTS PPG
- 12.2.1. Company details
- 12.2.2. Financial outlook
- 12.2.3. Product summary
- 12.2.4. Recent developments
- 12.3. PIDILITE INDUSTRIES
- 12.3.1. Company details
- 12.3.2. Financial outlook
- 12.3.3. Product summary
- 12.3.4. Recent developments
- 12.4. HELIOS ROAD MARKINGS
- 12.4.1. Company details
- 12.4.2. Financial outlook
- 12.4.3. Product summary
- 12.4.4. Recent developments
- 12.5. BERGER PAINTS
- 12.5.1. Company details
- 12.5.2. Financial outlook
- 12.5.3. Product summary
- 12.5.4. Recent developments
- 12.6. US SPECIALTY COATINGS
- 12.6.1. Company details
- 12.6.2. Financial outlook
- 12.6.3. Product summary
- 12.6.4. Recent developments
- 12.7. AEXCEL CORPORATION
- 12.7.1. Company details
- 12.7.2. Financial outlook
- 12.7.3. Product summary
- 12.7.4. Recent developments
- 12.8. FLEET LINE MARKERS LTD.
- 12.8.1. Company details
- 12.8.2. Financial outlook
- 12.8.3. Product summary
- 12.8.4. Recent developments
- 12.9. NIPPON PAINTS
- 12.9.1. Company details
- 12.9.2. Financial outlook
- 12.9.3. Product summary
- 12.9.4. Recent developments
- 12.10. CROWN USA INC.
- 12.10.1. Company details
- 12.10.2. Financial outlook
- 12.10.3. Product summary
- 12.10.4. Recent developments
- 12.11. OTHERS
13. Conclusion
14. List of Abbreviations
15. Reference Links