Road Marking Materials Market to Generate a Revenue of USD 8.99 billion, Growth, Trends and Forecast 2029 | The Sherwin-Williams Company, Ennis-Flint, Inc., SWARCO AG, Geveko Markings, 3M

PRESS RELEASE
Published April 22, 2023

 

Road Marking Materials
                                       Road Marking Materials

The careful efforts of professional forecasters, skilled analysts, and intelligent researchers have resulted in the creation of the Road Marking Materials Market research study. Companies can better understand the different types of consumers, consumer demands and preferences, perspectives on the product, purchasing intentions, reactions to individual products that are already on the market. Thanks to the detailed and current information provided in this report. By dealing with a wide range of market analyses, product definition, market segmentation, important developments, and the current vendor landscape through 2029, the Road Marking Materials Market Report offers a complete overview of the market.

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Market Overview (2023-2029):

Historical Market Size (2022): USD 6.55billion by 2022

Forecast CAGR (2023-2029):  4.4%

Forecast Market Size (2029): USD 8.99 billion by 2029

Also, the vendor landscape and competitive scenarios of the Road Marking Materials market are broadly analysed to help market players gain competitive advantage over their competitors. Readers are provided with detailed analysis of important competitive trends of the Road Marking Materials market. Market players can use the analysis to prepare themselves for any future challenges well in advance. They will also be able to identify opportunities to attain a position of strength in the Road Marking Materials market. Furthermore, the analysis will help them to effectively channelize their strategies, strengths, and resources to gain maximum advantage in the market.

Road Marking Materials Market Recent Developments

  • In October 2022, Ingevity Corporation completed the acquisition of privately owned Ozark Materials in an all-cash transaction valued at USD 325 million. Ingevity expects the acquisition to be immediately accretive to Ingevity’s earnings per share. The business will be included in Ingevity’s Performance Chemicals segment.
  • In January 2022, Geveko Markings completely acquired and started operating with French road marking paint and safety materials manufacturer Oré Peinture. The acquisition led to the expansion of Geveko Markings’ operation in France and overall assets and production capacity.

Dynamics

Increasing adoption for concrete repair mortars across numerous end-use industries including building and road and infrastructure is a factor expected to drive the global market growth. Moreover, increasing demand for concrete repair mortars from utility industries and marine structure is a key factor expected to propel the global concrete repair mortars market growth.

Moreover, rapid growth in government investments in the construction sector and high spending on maintenance and repair work are among other factor expected to fuel the global market growth. Increasing demand for the concrete repair mortars products in developing countries including India, China, and others is factor expected to drive the global market growth.

Competitive Assessment:

The main research methodology applied here by the research team is data triangulation, which includes data mining, analysis of the impact of data variables on the market, and primary (industry experts) validation. This report helps to gather information about all the above factors by providing actionable market insights and comprehensive analysis. The Road Marking Materials market report mainly focuses on important aspects of the market which include historical data, current market trends, environment, technological innovations, upcoming technologies, and technological advancement in the industry among others.

Leading market players in the Road Marking Materials market is focusing on strategies such as expansion, new product launches, and acquisitions to gain large market share and enhance their global presence in the target market. Some Key Competitors of the Road Marking Materials market is The Sherwin-Williams Company, Ennis-Flint, Inc., SWARCO AG, Geveko Markings, 3M, Asler Lacke Switzerland, Kataline Group, Ozark Materials LLC., and Sealmaster and others.

Road Marking Materials Market Segmentation:

Road Marking Materials Market by Type, 2023-2029 (USD Million) (Kilotons)

  • Performance-Based Markings
  • Paint-Based Markings

Road Marking Materials Market by Application, 2023-2029 (USD Million) (Kilotons)

  • Into Road & Highway Marking
  • Parking Lot Marking
  • Factory Marking
  • Airport Marking
  • Anti-Skid

Regions included in the report Road Marking Materials Market:

  • North America (U.S., Canada, Mexico)
  • Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
  • South America (Colombia, Brazil, Argentina, Rest of South America)
  • Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Read Detailed Index of Full Research Study @

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Highlight the Following Key Factors:

  • Business description: a detailed description of company operations and business departments.
  • Company strategy: The analyst’s summary of the company’s business strategy.
  • SWOT analysis: Detailed analysis of the company’s strengths, weaknesses, opportunities, and threats.
  • Company History: The progress of major events related to the company.
  • Main products and services: A list of the company’s main products, services, and brands.
  • Main competitors: A list of the company’s main competitors.
  • Important locations and subsidiaries: The company’s main locations and subsidiaries’ list and contact information.
  • Detailed financial ratios of the past five years: The latest financial ratios come from the annual financial statements issued by companies with a history of five years.

What this report provides?

▶ GTM (Go-to-Market) strategy

▶ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer)

▶ Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, QMI quadrant, and other significant analysis, as well as development status

▶ Recent market developments and it’s futuristic growth opportunities

▶ Customized regional/country reports as per request

Why Choose Exactitude Consultancy?

Reliable Method: To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support: For complete satisfaction of our customers

Targeted Market View: Targeted market view to provide pertinent information and save time of readers

Agile Approach: A faster and efficient way to cater to the needs with continuous iteration

Customization: On-demand customization of scope of the report to exactly meet your needs

Key Points from TOC:

  1. Introduction
    • Research Scope
    • Market Segmentation
    • Research Methodology
    • Definitions and Assumptions
  2. Executive Summary
  3. Road Marking Materials Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
  4. Key Insights
    • Global Statistics — Key Countries
    • New Product Launches
    • Pipeline Analysis
    • Regulatory Scenario — Key Countries
    • Recent Industry Developments — Partnerships, Mergers and Acquisitions
  5. Global Market Analysis, Insights and Forecast
  6. Key Findings/ Summary
    • Road Marking Materials Market Analysis — By Product Type
    • Market Analysis — By Distribution Channel
    • Market Analysis — By Countries/Sub-regions
  7. Competitive Analysis
    • Key Industry Developments
    • Global Road Marking Materials Market Share Analysis
    • Competition Dashboard
    • Comparative Analysis — Major Players
  8. Company Profiles
    • Overview
    • Products and Services
    • SWOT Analysis
    • Recent developments
    • Major Investments
    • Regional Market Size and Demand
  9. Strategic Recommendations

TOC Continued……………….

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