Latest Market Research Report 2025

  The global  traffic road marking coatings market  size is expected to reach USD 8.33 billion by 2030, registering a CAGR of 6.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. Technological advancement is an important factor in the market growth as countries are becoming more concerned about public health and safety. Growing environmental concerns are driving the need for greener products in a bid to promote a healthy environment.   The market witnessed slight growth in 2020, despite the outbreak of the COVID-19 pandemic. The reduced traffics due to the restrictions on transportation/traveling and other vital economic activity benefitted several road maintenances, bridge & road construction, and building projects. Apart from road building, the restrictions on air travel and flight reductions provided a chance to evaluate runway construction windows. Paints are regarded as a major source of harmful VOC emissions. This has resulted in t...

  Traffic Road Marking Coatings Industry Overview The global traffic road marking coatings market size was valued at USD 4.92 billion in 2021 and is projected to register a compound annual growth rate (CAGR) of 6.0% from 2022 to 2030.   Increasing spending on infrastructure development for constructing new highways and focusing on repair & maintenance operations are expected to be the key driving factors for the global market. The industry is not only associated with new road construction activities but also with existing maintenance businesses, which drives the demand for repainting.   The market has witnessed increasing investments in intelligent street marking systems and machines that help record the drivers’ speed, driving conditions, and temperature while communicating it to the vehicle’s sensor system. Paint is widely used for travel lanes, loading zone, and parking space markings. Thermoplastic coating, also known as hot melt marking, is gaining an advant...