PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1457936
PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1457936
Infrastructure Investments and Road-marking Standards Steer Industry Growth
Road markings ensure that vehicles navigate safely and reliably on the road. Road-marking paints are commonly used to mark travel lanes, loading zones, and parking spaces. With incredible improvements in driver-assistance technologies, these paints will play a crucial role in ensuring these systems work effectively.
This study provides an in-depth analysis of performance-based and paint-based marking products. It analyzes specific trends in the thermoplastics and cold-plastics subsegments in performance-based markings. In the paint-based markings segment, the analysis focuses on water-based, solvent-based, and 2-component epoxy and polyurethane markings. The different chemistries used in these products are also discussed. Competitive structure and market share analysis are provided at the industry level. Volume and revenue forecasts as well as pricing trends are provided for each segment. The base year is 2023, and the forecast period ends in 2030.
The study also identifies the major growth drivers and restraints as well as regional, technology, and regulatory trends. In addition, it examines growth opportunities and offers road-marking paint companies actionable insight to leverage these opportunities.