The global traffic road marking coatings market is forecasted to grow at a CAGR of 5.13% during the period 2017-2021

LONDON, Dec. 5, 2017 /PRNewswire/ --

About Traffic Road Marking Coatings

Traffic road marking coatings play a vital role in maintaining the road safety, especially in four and six-lane highways. The coatings help ensure the smooth movement of traffic, thereby reducing the number of road accidents. These coatings are easy-to-apply, UV resistant, non-toxic, environment-friendly, and corrosion resistant. Apart from traffic guidance, traffic road marking coatings also act as a tool for warning, controlling, and providing information to drivers. There are several types of traffic road marking coatings available in the market such as paint, thermoplastic, preformed polymer tape, and epoxy.



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Technavio's analysts forecast the global traffic road marking coatings market to grow at a CAGR of 5.13% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global traffic road marking coatings market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
• APAC
• Europe
• North America
• ROW

Technavio's report, Global Traffic Road Marking Coatings Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• 3M
• Geveko Markings
• LANINO
• The Dow Chemical Company
• The Sherwin-Williams Company

Other prominent vendors
• Asian Paints PPG
• Crown Technologies
• Nippon Paint Holdings
• SealMaster
• SWARCO

Market driver
• Increasing new road construction
• For a full, detailed list, view our report

Market challenge
• Increasing competition among vendors
• For a full, detailed list, view our report

Market trend
• Emergence of organic road marking materials
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

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