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Traffic Marking Paints Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030

ID : MRU_26515 | Date : Jan, 2023 | Pages : 180 | Region : Global

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Road surface marking is any kind of device or material that is used on a road surface in order to convey official information. They can also be applied in other facilities used by vehicles to mark parking spaces or designate areas for other uses.
Traffic Marking Paint is a kind of paint used to paint road mark. Paint, sometimes with additives such as retroreflective glass beads, is generally used to mark travel lanes. It is also used to mark spaces in parking lots or special purpose spaces for disabled parking, loading zones, or time-restricted parking areas. Colors for these applications vary by locality.
The Asia-Pacific Traffic Marking Paint industry mainly concentrates in the China, Japan and South-ease Asia. The market of traffic marking paint is rather scattered, the leading players in this market include TATU, Nippon Paint, KICTEC and Zhejiang Brother; the four manufacturers accounts for about 22% of total market revenue in this region. The China market leaders are TATU, Zhejiang Brother, Zhejiang Yuanguang.
The Road marking paint mainly classified into five types: thermoplastic marking paint, waterbased marking paint, solvent based marking paint, two-component road marking paint and others. Thermoplastic marking paint is currently the most popular type in Asia-Pacific.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. In the next five years, the consumption volume will keep slow increasing, as well as the consumption value.

The Global Traffic Marking Paints Market touched xxx million USD with a CAGR xx % from 2018-2022 around the world. In the future, it is predicted to reach xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
As the report focuses on global Traffic Marking Paints Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.

in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.

In Market segmentation by manufacturers, the report covers the following companies-

TATU
Nippon Paint
KICTEC
Zhejiang Brother
3M
Asian Paints PPG
Sherwin-Williams
Swarco AG
DAE HWA PAINT MFG
Hempel
Ennis Flint
Luteng Tuliao
Zhejiang Yuanguang
Rainbow Brand
NOROO Paint & Coatings
Automark

In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types covers:

Thermoplastic Marking Paint
Waterbased Marking Paint
Solvent Based Marking Paint
Two-Component Road Marking Paint
Others
In Market segmentation by applications :

Roads & Streets
Parking Lot
Airport
Other

Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Traffic Marking Paints Market for the forecast period 2023 - 2030?
• What are the driving forces in the Traffic Marking Paints Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Traffic Marking Paints industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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