Portland, OR -- (SBWire) -- 07/10/2017 --Road marking materials are used on roadways and pathways to convey guidance and information to pedestrians and drivers. Uniformity in markings is standardized to avoid driveway confusion and enhance road safety. In addition, technological advancements such as retro reflectivity, marking longevity, and low installation cost are deployed to increase the scope of market potential for road marking materials.
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Increase in roadway safety standards and government regulations have increased the market demand in North America and Europe. In addition, skid resistant technologies have emerged as potential market drivers in these regions. Furthermore, rapid industrialization is expected to boost the market demand in emerging economies such as China, India, and Japan.
The report on the global road marking materials market is segmented based on type, application, and geography. Based on type, the report includes paint based and performance based materials. The paint-based material is further segmented into epoxy-based paint, polyurethane based paint, water based paint, and solvent based paint. Thermoplastics and cold plastics are included under performance based marking materials. Based on application, it includes road marking, factory marking, car park marking, antiskid marking, airport markings, and others. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Top market players in the global road marking materials include Sherwin Williams Company, Geveko Marking, Aximum SA, Kelly Bros Erinline, Swarco Limburger Lackfabric GmbH, Ozark Materials LLC, Ennis Flint, Roadmarking Industry Association of Australia, Evonik Industries, and Automack Technologies.
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Road Marking Materials Market Key Segments
By Type
- Paint Based Materials
- Epoxy based
- Polyurethane
- Water based
- Solvent based
- Performance Based Materials
- Thermoplastics
- Cold plastics
By Application
- Road marking
- Factory marking
- Car park marking
- Antiskid marking
- Airport markings
- Others.
By Geography
North America
- U.S.
- Canada
- Mexico
Europe
- UK
- Germany
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
Global Road Marking Materials Market - Global Opportunity Analysis and Industry Forecast, 2016-2022