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Traffic Road Marking Coating Market Share, Size, Trends, Industry Analysis Report, By Product; By Region; Segment Forecast, 2021 - 2028

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    Report

  • 135 Pages
  • June 2021
  • Region: Global
  • Polaris Market Research
  • ID: 5397012
The global traffic road marking coating market size is expected to reach USD 7.26 billion by 2028 according to this new study. The report “Traffic Road Marking Coating Market Share, Size, Trends, Industry Analysis Report, By Product (Thermoplastic, Paint, Preformed Polymer Tape, Others); By Region; Segment Forecast, 2021-2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.



The rapid increase in traffic congestion across the globe majorly drives the growth of this industry. Growing concerns regarding highway safety coupled with the increasing need to efficiently control and manage motorway traffic support the industry growth. A significant increase in the number of motorway accidents has been registered, which encourages governments to improve the motorway infrastructure.

There has been an increasing construction of highways, especially in the developing regions of Asia-Pacific and Latin America, which further augments the growth of this industry. The introduction of organic motorway painting coatings along with increasing awareness regarding the use of environment-friendly marking materials would provide growth opportunities for the traffic road marking coating market in the coming years.

Asia-pacific is expected to grow at the highest CAGR during the forecast period. There has been increasing in the construction of motorways in the developing countries of Asia-Pacific. The increasing need to improve infrastructure is increasing the demand for traffic road marks coating in the region. Governments in the region are increasingly investing in the development of motorway infrastructure, augmenting industry growth.

Growing concerns regarding highway accidents and the rising need to control them further promote the growth of this industry. 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.

The various types of traffic road marking coatings include thermoplastic, paint, preformed polymer tape, and others. The paint segment is expected to lead the industry during the forecast period owing to its increasing demand from the developing regions. The 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.

The well-known companies profiled in the 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.

The publisher has segmented the traffic road marking coating market report based on product and region:


Traffic Road Marking Coating, Product Outlook (Revenue-USD Billion, 2016-2028)


  • Thermoplastic
  • Paint
  • Preformed Polymer Tape
  • Others

Traffic Road Marking Coating, Regional Outlook (Revenue-USD Billion, 2016-2028)


  • North America
  • U.S
  • Canada
  • Mexico
  • Europe
  • France
  • Germany
  • UK
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Rest of Asia Pacific
  • Latin America
  • Brazil
  • Middle East & Africa
Frequently Asked Questions about the Traffic Road Marking Coating Market

What is the estimated value of the Traffic Road Marking Coating Market?

The Traffic Road Marking Coating Market was estimated to be valued at $4.63 Billion in 2021.

What is the growth rate of the Traffic Road Marking Coating Market?

The growth rate of the Traffic Road Marking Coating Market is 6.2%, with an estimated value of $7.26 Billion by 2028.

What is the forecasted size of the Traffic Road Marking Coating Market?

The Traffic Road Marking Coating Market is estimated to be worth $7.26 Billion by 2028.

Who are the key companies in the Traffic Road Marking Coating Market?

Key companies in the Traffic Road Marking Coating Market include Vertex Group, Dow Chemical Company, Asian Paints PPG Pvt. Ltd., Lanino Road Marking Products, Kataline Infraproducts Pvt. Ltd., Ozark Materials, LLC, Kestrel Thermoplastics Ltd. and WJ Products Ltd..

Table of Contents

1. Overview and Scope
1.1. Research goal & scope
1.2. Research assumptions
1.3. Research Methodology
1.3.1. Primary data sources
1.3.2. Secondary data sources
1.4. Key takeaways
1.5. Stakeholders
2. Executive Summary
2.1. Market Definition
2.2. Market Segmentation
3. Traffic Road Marking Coating Market Insights
3.1. Traffic Road Marking Coating - Industry snapshot
3.2. Traffic Road Marking Coating - Ecosystem analysis
3.3. Traffic Road Marking Coating Market Dynamics
3.3.1. Traffic Road Marking Coating - Market Forces
3.3.1.1. Traffic Road Marking Coating Market Driver Analysis
3.3.1.2. Traffic Road Marking Coating Market Restraint/Challenges analysis
3.3.1.3. Traffic Road Marking Coating Market Opportunity Analysis
3.3.2. Industry analysis - Porter's five force
3.3.2.1. Bargaining power of supplier
3.3.2.2. Bargaining power of buyers
3.3.2.3. Threat of substitute
3.3.2.4. Threat of new entrants
3.3.2.5. Degree of competition
3.3.3. Traffic Road Marking Coating Market PEST Analysis, 2020
3.3.4. Traffic Road Marking Coating Market Value Chain Analysis
3.3.5. Traffic Road Marking Coating Industry Trends
3.3.6. Competitive Ranking Analysis
4. Traffic Road Marking Coating Market Size and Forecast, 2016 - 2028 by Product
4.1. Key Findings
4.2. Thermoplastic
4.3. Paint
4.4. Preformed Polymer Tape
4.5. Others
5. Traffic Road Marking Coating Market Size and Forecast, 2016 - 2028 by Region
5.1. Key Findings
5.2. North America
5.2.1. U.S.
5.2.2. Canada
5.2.3. Mexico
5.3. Europe
5.3.1. Germany
5.3.2. UK
5.3.3. France
5.3.4. Italy
5.3.5. Rest of Europe
5.4. Asia-Pacific
5.4.1. China
5.4.2. India
5.4.3. Japan
5.4.4. Rest of Asia-Pacific
5.5. Latin America
5.5.1. Brazil
5.6. Middle East & Africa
6. Company Profiles
6.1. Dow Chemical Company
6.1.1. Overview
6.1.2. Financials
6.1.3. Product Benchmarking
6.1.4. Recent Developments
6.2. Geveko Markings
6.2.1. Overview
6.2.2. Financials
6.2.3. Product Benchmarking
6.2.4. Recent Developments
6.3. Vertex Group
6.3.1. Overview
6.3.2. Financials
6.3.3. Product Benchmarking
6.3.4. Recent Developments
6.4. Asian Paints PPG Pvt. Ltd.
6.4.1. Overview
6.4.2. Financials
6.4.3. Product Benchmarking
6.4.4. Recent Developments
6.5. Lanino Road Marking Products
6.5.1. Overview
6.5.2. Financials
6.5.3. Product Benchmarking
6.5.4. Recent Developments
6.6. Kataline Infraproducts Pvt. Ltd.
6.6.1. Overview
6.6.2. Financials
6.6.3. Product Benchmarking
6.6.4. Recent Developments
6.7. Ozark Materials, LLC
6.7.1. Overview
6.7.2. Financials
6.7.3. Product Benchmarking
6.7.4. Recent Developments
6.8. Kestrel Thermoplastics Ltd.
6.8.1. Overview
6.8.2. Financials
6.8.3. Product Benchmarking
6.8.4. Recent Developments
6.9. Crown Technology LLC
6.9.1. Overview
6.9.2. Financials
6.9.3. Product Benchmarking
6.9.4. Recent Developments
6.10. WJ Products Ltd
6.10.1. Overview
6.10.2. Financials
6.10.3. Product Benchmarking
6.10.4. Recent Developments
List of Tables

Companies Mentioned

  • Vertex Group
  • 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
  • WJ Products Ltd.