Traffic Road Marking Coatings Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2028

The report on the global traffic road marking coatings market provides qualitative and quantitative analysis for the period from 2020 to 2028. The report predicts the global traffic road marking coatings market to grow with a CAGR of nearly 6% over the forecast period from 2022-2028. The study on traffic road marking coatings market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2020 to 2028.

The report on traffic road marking coatings market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global traffic road marking coatings market over the period of 2020 to 2028. Moreover, the report is a collective presentation of primary and secondary research findings.

Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global traffic road marking coatings market over the period of 2020 to 2028. Further, IGR- Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.

Report Findings

1) Drivers

• Increasing awareness about road safety will drive the market growth.
• Rising investments by the government in improving the quality of the roads will influence the market growth.

2) Restraints

• VOCs are extremely harmful to the environment as well as living organisms, which are found in paints and coatings.

3) Opportunities

• Technological advancements are estimated to create opportunities for the market growth.

Research Methodology

A) Primary Research

The primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include
1. Key Opinion Leaders associated with the publisher
2. Internal and External subject matter experts
3. Professionals and participants from the industry

The primary research respondents typically include

1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/country managers
5. Vice President level executives

B) Secondary Research

Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. At the publisher, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.

The secondary sources of the data typically include

1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others
5. Websites and publications by research agencies

Segments Covered

The global traffic road marking coatings market is segmented on the basis of product, type, and application.

The Global Traffic Road Marking Coatings Market by Product

• Paint
• Thermoplastic
• Preformed Polymer Tape
• Epoxy

The Global Traffic Road Marking Coatings Market by Type

• Permanent
• Removable

The Global Traffic Road Marking Coatings Market by Application

• Road Marking Lines
• Road Marking Labels

Company Profiles

The companies covered in the report include:

• AutoMark Technologies (India) Pvt. Ltd.
• The Sherwin-Williams Company
• Geveko Markings
• Ennis Flint, Inc.
• Dow Inc
• The 3M Company
• Swarco
• Jotun
• TEKNOS Group
• zigmapaints

What does this Report Deliver?

1. Comprehensive analysis of the global as well as regional markets of the traffic road marking coatings market
2. Complete coverage of all the segments in the traffic road marking coatings market to analyze the trends, developments in the global market and forecast of market size up to 2028
3. Comprehensive analysis of the companies operating in the global traffic road marking coatings market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company
4. IGR- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify