The market vendors should focus on grabbing business opportunities from the paint-based marking segment under the type category as it accounted for the largest market share in the base year. To comply with stringent regulations on the use of volatile organic compounds (VOCs), acetone road paint is used for marking, as it is extremely low in VOCs.
- Out-of-Scope:
- Performance-based marking
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Highlights-
- Segmentation- The report extensively covers market segmentation by type (paint-based marking and performance-based marking)
- Key Companies- 3M Co., Axnoy Industries LIp, AutoMark Technologies (India) Pvt. Ltd., AUTOMARK INDUSTRIES (INDIA) Pvt. Ltd., Basler Lacke AG, Crown Technology LLC, Evonik Industries AG, Geveko Markings, Kataline Group, Kelly Bros Ltd., Kestrel Thermoplastics Ltd., Nanjing Roadsky Traffic Facility Co.Ltd. (ROADSKY Corp.), NIPSEA Group, Ozark Materials LLC, PPG Industries Inc., Rembrandtin Coatings GmbH, SealMaster, Sunrise Overseas, SWARCO AG, and The Sherwin-Williams Co., among others.
- Driver- Growing awareness and adoption of road safety
- Challenge- Certification in Nordic countries
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Vendor Insights-
The road marking materials market is concentrated, and the vendors are deploying growth strategies such as technological advancements to compete in the market. The key offerings of some of the vendors are listed below:
- 3M Co. - The company is involved in offering a wide range of road marking materials such as all-weather elements 50 series, liquid pavement marking 5000 series, among others which have advanced technologies to deliver true reflected color and optimized visibility tailored to roadway requirements.
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Learn More about Key Driver & Challenge of the Market-
- Road Marking Materials Market Driver:
- Growing awareness and adoption of road safety:
According to the WHO, approximately 1.3 million people die from road collisions or accidents each year. The WHO started the Decade of Action for Road Safety at the end of October 2021 to end this crisis. Thus, the growing need for road safety globally will have a positive impact on the market in focus during the forecast period.
- Road Marking Materials Market Challenge:
- Certification in Nordic countries:
NordicCert is a certification system for road marking materials in Denmark, Iceland, Norway, and Sweden. The approval is based on the monitored and documented performance measurements of material samples that are applied to test fields on public roads. The rejection of road marking materials can be a challenge for vendors and negatively impact the market in focus.
Find additional information about various other market Drivers & Challenges mentioned in our FREE sample report.
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Road Marking Materials Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.72% |
Market growth 2022-2026 |
USD 2.11 billion |
Market structure |
Concentrated |
YoY growth (%) |
4.21 |
Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
Performing market contribution |
APAC at 52% |
Key consumer countries |
US, China, India, Germany, and UK |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
3M Co., Axnoy Industries LIp, AutoMark Technologies (India) Pvt. Ltd., AUTOMARK INDUSTRIES (INDIA) Pvt. Ltd., Basler Lacke AG, Crown Technology LLC , Evonik Industries AG, Geveko Markings, Kataline Group, Kelly Bros Ltd., Kestrel Thermoplastics Ltd., Nanjing Roadsky Traffic Facility Co.Ltd. (ROADSKY Corp.), NIPSEA Group, Ozark Materials LLC, PPG Industries Inc., Rembrandtin Coatings GmbH, SealMaster, Sunrise Overseas, SWARCO AG, and The Sherwin-Williams Co. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Type
- 5.1 Market segments
- Exhibit 24: Chart on Type - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
- 5.2 Comparison by Type
- Exhibit 26: Chart on Comparison by Type
- Exhibit 27: Data Table on Comparison by Type
- 5.3 Paint-based marking - Market size and forecast 2021-2026
- Exhibit 28: Chart on Paint-based marking - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Paint-based marking - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Paint-based marking - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Paint-based marking - Year-over-year growth 2021-2026 (%)
- 5.4 Performance-based marking - Market size and forecast 2021-2026
- Exhibit 32: Chart on Performance-based marking - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Performance-based marking - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Performance-based marking - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Performance-based marking - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by Type
- Exhibit 36: Market opportunity by Type ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 38: Chart on Market share by geography 2021-2026 (%)
- Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 40: Chart on Geographic comparison
- Exhibit 41: Data Table on Geographic comparison
- 7.3 APAC - Market size and forecast 2021-2026
- Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.4 Europe - Market size and forecast 2021-2026
- Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.5 North America - Market size and forecast 2021-2026
- Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.6 South America - Market size and forecast 2021-2026
- Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.8 China - Market size and forecast 2021-2026
- Exhibit 62: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.9 US - Market size and forecast 2021-2026
- Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.10 India - Market size and forecast 2021-2026
- Exhibit 70: Chart on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on India - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on India - Year-over-year growth 2021-2026 (%)
- 7.11 Germany - Market size and forecast 2021-2026
- Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.12 UK - Market size and forecast 2021-2026
- Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 82: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.3 Impact of drivers and challenges
- Exhibit 83: Impact of drivers and challenges in 2021 and 2026
9 Vendor Landscape
- 9.2 Vendor landscape
- Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 85: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 86: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 87: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 88: Matrix on vendor position and classification
- 10.3 3M Co.
- Exhibit 89: 3M Co. - Overview
- Exhibit 90: 3M Co. - Business segments
- Exhibit 91: 3M Co. - Key news
- Exhibit 92: 3M Co. - Key offerings
- Exhibit 93: 3M Co. - Segment focus
- 10.4 Basler Lacke AG
- Exhibit 94: Basler Lacke AG - Overview
- Exhibit 95: Basler Lacke AG - Product / Service
- Exhibit 96: Basler Lacke AG - Key offerings
- 10.5 Crown Technology LLC
- Exhibit 97: Crown Technology LLC - Overview
- Exhibit 98: Crown Technology LLC - Product / Service
- Exhibit 99: Crown Technology LLC - Key offerings
- 10.6 Evonik Industries AG
- Exhibit 100: Evonik Industries AG - Overview
- Exhibit 101: Evonik Industries AG - Business segments
- Exhibit 102: Evonik Industries AG - Key news
- Exhibit 103: Evonik Industries AG - Key offerings
- Exhibit 104: Evonik Industries AG - Segment focus
- 10.7 Geveko Markings
- Exhibit 105: Geveko Markings - Overview
- Exhibit 106: Geveko Markings - Product / Service
- Exhibit 107: Geveko Markings - Key news
- Exhibit 108: Geveko Markings - Key offerings
- 10.8 PPG Industries Inc.
- Exhibit 109: PPG Industries Inc. - Overview
- Exhibit 110: PPG Industries Inc. - Business segments
- Exhibit 111: PPG Industries Inc. - Key news
- Exhibit 112: PPG Industries Inc. - Key offerings
- Exhibit 113: PPG Industries Inc. - Segment focus
- 10.9 Rembrandtin Coatings GmbH
- Exhibit 114: Rembrandtin Coatings GmbH - Overview
- Exhibit 115: Rembrandtin Coatings GmbH - Product / Service
- Exhibit 116: Rembrandtin Coatings GmbH - Key offerings
- 10.10 SealMaster
- Exhibit 117: SealMaster - Overview
- Exhibit 118: SealMaster - Product / Service
- Exhibit 119: SealMaster - Key offerings
- 10.11 SWARCO AG
- Exhibit 120: SWARCO AG - Overview
- Exhibit 121: SWARCO AG - Product / Service
- Exhibit 122: SWARCO AG - Key news
- Exhibit 123: SWARCO AG - Key offerings
- 10.12 The Sherwin-Williams Co.
- Exhibit 124: The Sherwin-Williams Co. - Overview
- Exhibit 125: The Sherwin-Williams Co. - Business segments
- Exhibit 126: The Sherwin-Williams Co. - Key news
- Exhibit 127: The Sherwin-Williams Co. - Key offerings
- Exhibit 128: The Sherwin-Williams Co. - Segment focus
11 Appendix
- 11.2 Inclusions and exclusions checklist
- Exhibit 129: Inclusions checklist
- Exhibit 130: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 131: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 132: Research methodology
- Exhibit 133: Validation techniques employed for market sizing
- Exhibit 134: Information sources
- 11.5 List of abbreviations
- Exhibit 135: List of abbreviations
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