Road Marking Materials Market Trends, 2016-2024

Road Marking Materials Market (Type - Performance-based Markings and Paint-based Markings; Application - Airport Marking, Road Marking, Factory Marking, and Car Park Marking) - Global Industry Analysis Size Share Growth Trends and Forecast 2016 - 2024

Road Marking Materials Market: Overview

The global road marking materials market is anticipated to reach US$5.66 billion, expanding at a CAGR of 5.5% from 2016 to 2024 (forecast period). Road marking materials are paints that are applied on the surface of a road to provide guidance and information to drivers and pedestrians. These road marking materials are used to mark traffic lane lines, dividers, center lines, edge lines, no-passing zones, transverse markings, warning lines, and object markings. Road marking materials are designed for durability, safety, and aesthetics in order to manage traffic, provide positive guidance, and transmit warnings.

The increase in investment in making roads safer is a major factor driving the growth of the global road marking materials market during the forecast period. Furthermore, ongoing infrastructure and new road construction projects in developing nations are expected to drive the growth of the global road marking materials market.

road marking materials market

Increased Investment on Safer Roads

As per the Association of Safe International Road Travel, roughly 1.25 million people die in road accidents each year, with an average of 3,287 deaths each day worldwide. These incidents occur predominantly as a result of poor road conditions. Safer roads are necessary to avoid accidents caused by climatic conditions and lower visibility of road markings during the day and at night. Governments in numerous nations, including the United States, the United Kingdom, China, and Switzerland, have undertaken steps to enhance road quality and provide suitable road markings in order to reduce the number of individuals who die due to road accidents. This is expected to increase the use of road marking materials, boosting the global road marking materials market during the forecast period.

Road Marking Application Captured Highest Market Share

In terms of application, the road marking segment led the global road marking materials market in 2016, owing to increased awareness of road safety and the necessity for clear visibility during nighttime traffic. Road marking comprises white line marking, double yellow line marking, and single line marking, and it is used on highways and motorways, bus and cycling lanes, private roads, and pedestrian crossings. The selection of road marking material is determined by its durability, cost, and manner of application.

Factory marking and car park marking segments held the second position in the road marking materials market. Forklift working areas, unsafe zones near dangerous or heavy machinery, loading bays, safe designated pathways and staircases, workshop demarcations, internal floors in warehouses, distribution and logistics centers, and other manufacturing settings are examples of factory marking. Moreover, the growth of retail and industrial sectors, such as supermarkets, city centers, and hotels and the rising number of vehicles, have spurred the need for car parking, which is boosting the car park marking segment.

Asia Pacific to Remain Dominant in Road Marking Materials Market

In 2015, Asia Pacific dominated the worldwide road marking materials market, followed by Europe and North America. The Asia Pacific market is expected to maintain its dominance during the forecast period. This is owing to the region's increased awareness about road traffic safety. The significant increase in upcoming road networks and infrastructure development projects in the region's growing economies such as India and China are likely to boost the global road marking materials market.

Furthermore, the Chinese government has been providing considerable support in order to meet the country's growing transportation demands. The Civil Aviation Administration of China (CAAC) announced a plan to develop 400 civilian transport airports by 2035, which bodes well for the road marking materials market. Due to such large-scale initiatives, the road marking materials market is expected to witness exponential growth in the future years.

Some of the prominent players operating in the global road marking materials market are Kelly Bros Erinline, Aximum S.A., Swarco Limburger Lackfabrik GmbH, and Geveko Markings.

This report segments the global road marking materials market as follows:

Type Analysis

  • Performance-based Markings
  • Paint-based Markings

Application Analysis

  • Airport Marking
  • Road Marking
  • Factory Marking
  • Car Park Marking
  • Others

Regional Analysis

  • North America
    • U.S.
    • Canada
  • Europe
    • France      
    • U.K.
    • Germany
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan & Korea
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa (MEA)
    • GCC
    • South Africa
    • Rest of MEA

Frequently Asked Questions

What is the Road Marking Materials Market Size?

Road Marking Materials Market is expected to reach US$5.66 bn By 2024

What is the CAGR for Road Marking Materials Market?

Road Marking Materials Market is estimated to rise at a CAGR of 5.5% during forecast period

What are the key factors driving the growth of Road Marking Materials Market?

Ongoing infrastructure and new road construction projects in developing nations are expected to drive the growth of the global road marking materials market

Which region is more attractive for vendors in the Road Marking Materials Market?

Asia pacific is more attractive for vendors in the Road Marking Materials Market

Who are the key players in the Road Marking Materials Market?

Key players of Road Marking Materials Market are Kelly Bros Erinline, Aximum S.A., Swarco Limburger Lackfabrik GmbH, and Geveko Markings

    1. Preface
          1.1. Report Scope & Market Segmentation 
          1.2. Research Highlights

    2. Assumptions and Research Methodology
          2.1. Research Methodology

    3. Executive Summary

    4. Market Overview
          4.1. Introduction
          4.2. Market Indicators
          4.3. Market Dynamics
          4.4. Drivers
          4.5. Restraints
          4.6. Opportunity Analysis 
          4.7. Porter’s Analysis 
          4.8. Value Chain Analysis 

    5. Global Road Marking Materials Market Analysis and Forecast, by Type
          5.1. Key Findings
          5.2. Introduction 
          5.3. Global Road Marking Materials Market Volume Share Analysis, by Type
          5.4. Global Road Marking Materials Market Forecast, by Type
          5.5. Global Road Marking Materials Market Analysis, by Type
          5.6. Type Comparison Matrix
          5.7. Global Road Marking Materials Market Attractiveness Analysis, by Type

    6. Global Road Marking Materials Market Analysis and Forecast, by Application
          6.1. Key Findings
          6.2. Introduction
          6.3. Global Road Marking Materials Market Volume Share Analysis, by Application
          6.4. Global Road Marking Materials Market Forecast, by Application
          6.5. Global Road Marking Materials Market Analysis, by Application
          6.6. Global Road Marking Materials Market Attractiveness Analysis, by Application

    7. Global Road Marking Materials Market Analysis, by Region
          7.1. Global Growth Scenario
          7.2. Global Road Marking Materials Market Volume Share Analysis, by Region
          7.3. Global Road Marking Materials Market Forecast, by Region      
          7.4. Global Road Marking Materials Market Attractiveness Analysis, by Region
          7.5. Market Trends

    8. North America Road Marking Materials Market Analysis
          8.1. Key Findings
          8.2. North America Road Marking Materials Market Overview
          8.3. North America Road Marking Materials Market Volume Share Analysis, by Product Type
          8.4. North America Road Marking Materials Market Forecast, by Product Type
          8.5. North America Road Marking Materials Market Volume Share Analysis, by Application
          8.6. North America Road Marking Materials Market Forecast, by Application
          8.7. North America Road Marking Materials Market Volume Share Analysis, by Country
          8.8. North America Road Marking Materials Market Forecast, by Country
                 8.8.1. U.S
                 8.8.2. Canada
          8.9. North America Road Marking Materials Market Analysis, by Country
          8.10. North America Road Marking Materials Market Attractiveness Analysis

    9. Asia Pacific Road Marking Materials Market Analysis
          9.1. Key Findings
          9.2. Asia Pacific Road Marking Materials Market Overview
          9.3. Asia Pacific Road Marking Materials Market Volume Share Analysis, by Product Type
          9.4. Asia Pacific Road Marking Materials Market Forecast, by Product Type
          9.5. Asia Pacific Road Marking Materials Market Volume Share Analysis, by Application
          9.6. Asia Pacific Road Marking Materials Market Forecast, by Application
          9.7. Asia Pacific Road Marking Materials Market Volume Share Analysis, by Country / Sub-region
          9.8. Asia Pacific Road Marking Materials Market Forecast, by Country / Sub-region
                 9.8.1. China
                 9.8.2. India
                 9.8.3. Japan
                 9.8.4. ASEAN
                 9.8.5. Rest of Asia Pacific 
          9.9. Asia Pacific Road Marking Materials Market Analysis, by Country / Sub-region 
          9.10. Asia Pacific Road Marking Materials Market Attractiveness Analysis

    10. Europe Road Marking Materials Market Analysis
          10.1. Key Findings
          10.2. Europe Road Marking Materials Market Overview
          10.3. Europe Road Marking Materials Market Volume Share Analysis, by Product Type
          10.4. Europe Road Marking Materials Market Forecast, by Product Type
          10.5. Europe Road Marking Materials Market Volume Share Analysis, by Application
          10.6. Europe Road Marking Materials Market Forecast, by Application
          10.7. Europe Road Marking Materials Market Volume Share Analysis, by Country / Sub-region
          10.8. Europe Road Marking Materials Market Forecast, by Country / Sub-region
                 10.8.1. U.K.
                 10.8.2. Germany
                 10.8.3. France
                 10.8.4. Spain
                 10.8.5. Italy
                 10.8.6. Rest of Europe
          10.9. Europe Road Marking Materials Market Analysis, by Country / Sub-region 
          10.10. Europe Road Marking Materials Market Attractiveness Analysis

    11. Middle East & Africa (MEA) Road Marking Materials, Market Analysis
          11.1. Key Findings
          11.2. Middle East & Africa Road Marking Materials Market Overview
          11.3. Middle East & Africa Road Marking Materials Market Volume Share Analysis, by Product Type
          11.4. Middle East & Africa Road Marking Materials Market Forecast, by Product Type
          11.5. Middle East & Africa Road Marking Materials Market Volume Share Analysis, by Application
          11.6. Middle East & Africa Road Marking Materials Market Forecast, by Application
          11.7. Middle East & Africa Road Marking Materials Market Volume Share Analysis, by Country / Sub-region
          11.8. Middle East & Africa Road Marking Materials Market Forecast, by Country / Sub-region
                 11.8.1. Egypt
                 11.8.2. GCC
                 11.8.3. South Africa
                 11.8.4. Rest of Middle East & Africa
          11.9. Middle East & Africa Road Marking Materials Market Analysis, by Country / Sub-region 
          11.10. Middle East & Africa Road Marking Materials Market Attractiveness Analysis

    12. Latin America Road Marking Materials Market Analysis
          12.1. Key Findings
          12.2. Latin America Road Marking Materials Market Overview
          12.3. Latin America Road Marking Materials Market Volume Share Analysis, by Product Type
          12.4. Latin America Road Marking Materials Market Forecast, by Product Type
          12.5. Latin America Road Marking Materials Market Volume Share Analysis, by Application
          12.6. Latin America Road Marking Materials Market Forecast, by Application
          12.7. Latin America Road Marking Materials Market Volume Share Analysis, by Country / Sub-region
          12.8. Latin America Road Marking Materials Market Forecast, by Country / Sub-region
                 12.8.1. Brazil
                 12.8.2. Mexico
                 12.8.3. Rest of Latin America
          12.9. Latin America Road Marking Materials Market Analysis, by Country / Sub-region
          12.10. Latin America Road Marking Materials Market Attractiveness Analysis

    13. Competitive Landscape
          13.1. Road Marking Materials Market Share Analysis, by Company
          13.2. Competition Matrix 
          13.3. Company Profiles
                 13.3.1. The Sherwin-Williams Company 
                 13.3.2. Company Details
                 13.3.3. SWOT Analysis
                 13.3.4. Financial Overview 
                 13.3.5. Strategic Overview
          13.4. Geveko Markings 
                 13.4.1. Company Description
                 13.4.2. Business Overview      
          13.5. Kelly Bros
                 13.5.1. Company Description
                 13.5.2. Business Overview
          13.6. Swarco Limburger Lackfabrik GmbH 
                 13.6.1. Company Description
                 13.6.2. Business Overview
          13.7. Ozark Materials LLC 
                 13.7.1. Company Description
                 13.7.2. Business Overview
          13.8. Ennis Flint 
                 13.8.1. Company Description
                 13.8.2. Business Overview
          13.9. Crown Technology, LLC 
                 13.9.1. Company Description
                 13.9.2. Business Overview
          13.10. AUTOMARK TECHNOLOGIES (INDIA ) PRIVATE LTD
                 13.10.1. Company Description
                 13.10.2. Business Overview
          13.11. Reda National Co
                 13.11.1. Company Description
                 13.11.2. Business Overview
          13.12. SealMaster
                 13.12.1. Company Description
                 13.12.2. Business Overview
          13.13. The Surya Min Chem 
                 13.13.1. Company Description
                 13.13.2. Business Overview
          13.14. Aximum S.A
                 13.14.1. Company Description
                 13.14.2. Business Overview
          13.15. Dianal America, Inc
                 13.15.1. Company Description
                 13.15.2. Business Overview
          13.16. Basler Lacke AG  
                 13.16.1. Company Description
                 13.16.2. Business Overview
          13.17. Kestrel Thermoplastics LTD  
                 13.17.1. Company Description
                 13.17.2. Business Overview
          13.18. Kataline Group 
                 13.18.1. Company Description
                 13.18.2. Business Overview

    14. Key Takeaways

    List of Tables

    Table 01: Global Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Type, 2015–2024
    Table 02: Global Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Application, 2015–2024
    Table 03: Global Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Region, 2015–2024
    Table 04: North America Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Product Type, 2015–2024
    Table 05: North America Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Application, 2015–2024
    Table 06: North America Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Country, 2015–2024
    Table 07: Asia Pacific Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Product Type, 2015–2024
    Table 08: Asia Pacific Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Application, 2015–2024
    Table 09: Asia Pacific Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Country / Sub-region, 2015–2024
    Table 10: Europe Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Product Type, 2015–2024
    Table 11: Europe Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Application, 2015–2024
    Table 12: Europe Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Country / Sub-region, 2015–2024
    Table 13: MEA Glass Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Product Type, 2015–2024
    Table 14: MEA Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Application, 2015–2024
    Table 15: MEA Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Country / Sub-region, 2015–2024
    Table 16: Latin America Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Product Type, 2015–2024
    Table 17: Latin America Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Application, 2015–2024
    Table 18: Latin America Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, by Country / Sub-region, 2015–2024

    List of Figures

    Figure 01: Global Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2015–2024
    Figure 02: Global Road Marking Materials Average Price (US$/kg) 2015–2024
    Figure 03: Global Road Marking Materials Market Volume Share Analysis, by Type, 2015 and 2024
    Figure 04: Global Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons), by Performance-based Markings, 2015–2024
    Figure 05: Global Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons), by Paint-based Markings, 2015–2024
    Figure 06: Global Road Marking Materials Market Attractiveness Analysis, by Type
    Figure 07: Global Road Marking Materials Market Volume Share Analysis, by Application, 2015 and 2024
    Figure 08: Global Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons), by Airport Marking, 2015–2024
    Figure 09: Global Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons), by Road Marking, 2015–2024
    Figure 10: Global Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons), by Factory Marking, 2015–2024
    Figure 11: Global Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons), by Car Park Marking, 2015–2024
    Figure 12: Global Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons), by Others, 2015–2024
    Figure 13: Global Road Marking Materials Market Attractiveness Analysis, by Application
    Figure 14: Global Road Marking Materials Market Value Share Analysis, by Region, 2015 and 2024
    Figure 15: Global Road Marking Materials Market Attractiveness Analysis, by Region
    Figure 16: North America Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2015–2024
    Figure 17: North America Road Marking Materials Market Attractiveness Analysis, by Country
    Figure 18: North America Road Marking Materials Market Volume Share Analysis, by Product Type, 2015 and 2024
    Figure 19: North America Road Marking Materials Market Volume Share Analysis, by Application, 2015 and 2024
    Figure 20: North America Road Marking Materials Market Volume Share Analysis, by Country, 2015 and 2024
    Figure 21: U.S. Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Analysis, 2015–2024
    Figure 22: Canada Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Analysis, 2015–2024
    Figure 23: North America Road Marking Materials Market Attractiveness Analysis, by Product Type
    Figure 24: North America Road Marking Materials Market Attractiveness Analysis, by Application
    Figure 25: Asia Pacific Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2015–2024
    Figure 26: Asia Pacific Road Marking Materials Market Attractiveness Analysis, by Country / Sub-region
    Figure 27: Asia Pacific Road Marking Materials Market Volume Share Analysis, by Product Type, 2015 and 2024
    Figure 28: Asia Pacific Road Marking Materials Market Volume Share Analysis, by Application, 2015 and 2024
    Figure 29: Asia Pacific Road Marking Materials Market Volume Share Analysis, by Country / Sub-region, 2015 and 2024
    Figure 30: China Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Analysis, 2015–2024
    Figure 31: India Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Analysis, 2015–2024
    Figure 32: Japan Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Analysis, 2015–2024
    Figure 33: ASEAN Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Analysis, 2015–2024
    Figure 34: Rest of Asia Pacific Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Analysis, 2015–2024
    Figure 35: Asia Pacific Road Marking Materials Market Attractiveness Analysis, by Product Type
    Figure 36: Asia Pacific Road Marking Materials Market Attractiveness Analysis, by Application
    Figure 37: Europe Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2015–2024
    Figure 38: Europe Road Marking Materials Market Attractiveness Analysis, by Country / Sub-region
    Figure 39: Europe Road Marking Materials Market Volume Share Analysis, by Product Type, 2015 and 2024
    Figure 40: Europe Road Marking Materials Market Volume Share Analysis, by Application, 2015 and 2024
    Figure 41: Europe Road Marking Materials Market Volume Share Analysis, by Country / Sub-region, 2015 and 2024
    Figure 42: U.K. Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Analysis, 2015–2024
    Figure 43: Germany Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Analysis, 2015–2024
    Figure 44: France Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Analysis, 2015–2024
    Figure 45: Spain Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Analysis, 2015–2024
    Figure 46: Italy Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Analysis, 2015–2024
    Figure 47: Rest of Europe Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Analysis, 2015–2024
    Figure 48: Europe Road Marking Materials Market Attractiveness Analysis, by Product Type
    Figure 49: Europe Road Marking Materials Market Attractiveness Analysis, by Application
    Figure 50: MEA Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2015–2024
    Figure 51: MEA Road Marking Materials Market Attractiveness Analysis, by Country
    Figure 52: MEA Road Marking Materials Market Volume Share Analysis, by Product Type, 2015 and 2024
    Figure 53: MEA Road Marking Materials Market Volume Share Analysis, by Application, 2015 and 2024
    Figure 54: MEA Road Marking Materials Market Value Share Analysis, by Country / Sub-region, 2015 and 2024
    Figure 55: Egypt Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Analysis, 2015–2024
    Figure 56: GCC Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Analysis, 2015–2024
    Figure 57: South Africa Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Analysis, 2015–2024
    Figure 58: Rest of MEA Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Analysis, 2015–2024
    Figure 59: MEA Road Marking Materials Market Attractiveness Analysis, by Product Type
    Figure 60: MEA Road Marking Materials Market Attractiveness Analysis, by Application
    Figure 61: Latin America Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Forecast, 2015–2024
    Figure 62: Latin America Road Marking Materials Market Attractiveness Analysis, by Country / Sub-region
    Figure 63: Latin America Road Marking Materials Market Volume Share Analysis, by Product Type, 2015 and 2024
    Figure 64: Latin America Road Marking Materials Market Volume Share Analysis, by Application, 2015 and 2024
    Figure 65: Latin America Road Marking Materials Market Value Share Analysis, by Country / Sub-region, 2015 and 2024
    Figure 66: Brazil Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Analysis, 2015–2024
    Figure 67: Mexico Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Analysis, 2015–2024
    Figure 68: Rest of Latin America Road Marking Materials Market Size (US$ Mn) and Volume (Kilo Tons) Analysis, 2015–2024
    Figure 69: Latin America Road Marking Materials Market Attractiveness Analysis, by Product Type
    Figure 70: Latin America Road Marking Materials Market Attractiveness Analysis, by Application
    Figure 71: Global Road Marking Materials Market Share Analysis, by Company (2015)

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