© 2016 Global Market Insights, Inc. USA. All Rights Reserved Traffic Road Marking Coatings Market predicted to grow exponentially by 2025: Global Market Insights, Inc.
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Asia Pacific Traffic Road Marking Coatings Market led by South Korea, Japan, India and China market is projected to witness significant gains by 2025 owing to rising airport construction projects in the region. Asia Pacific is anticipated to invest USD 150 billion in new airport projects in the forecasted timespan. The product due to tough nature and stress resistant properties is used for coating airport runways. These factors will fortify airport marking coatings demand thereby, increasing industry growth.Traffic Road Marking Coatings Market North America led by Canada, Mexico, and the U.S. traffic road marking coatings market size is projected to grow by 2025 due to rising highway construction in the region. Highway and road construction market size is anticipated to grow at USD 95 billion by The product owing to good cohesive properties is used for marking highways and roads. These factors will foster product demand in the region. Regional Analysis of Traffic Road Marking Coatings Market :
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Europe driven by UK, Spain, Italy, France and Germany traffic road marking coatings market size is projected to amplify at the end of The product owing to good adhesion on concrete and asphalt substrates is utilized for marking factory markings. Increasing factory markings demand for maintaining safety at workplace will have a positive impact on market growth. Regional Analysis of Traffic Road Marking Coatings Market :
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Application Analysis of Traffic Road Marking Coatings Market : Paints are considered as major source of volatile organic compounds (VOC) emissions which impacts the environment negatively. Strict regulations for controlling VOC emissions in the atmosphere may impact market profitability and industry price trends. However, growing R & D activities to manufacture low VOC content coatings may foster industry growth. Global traffic road marking coatings market from airport marking application is forecasted to witness substantial gains at the end of The product due to good retro reflectivity & weather resistant properties is used for marking airport runways to prevent runway mishaps and excursions. Increasing air travel owing to rising disposable incomes globally will foster aerospace industry growth. These factors will boost airport runway coatings demand which may amplify market size.
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Application Analysis of Traffic Road Marking Coatings Market : Thermoplastic based traffic road marking coatings market size is forecasted to seek moderate growth at the end of Road marking materials industry is projected to witness substantial gains over 5% by Thermoplastic coatings owing to wear resistant, bright, and reflective properties has application for anti-skid areas & pedestrian crossings and walkways. Stringent road safety standard and laws will foster pedestrian crossing coatings utilization which will enhance product demand. Epoxy based traffic road marking coatings market is forecasted to witness significant gains at the end of The product owing to fast curing and high cohesive properties is utilized to stripe durable, tough, and reflective traffic road lines. It is used to coat highways, expressways, and parking garages. Rising epoxy-based coatings demand to improve street security globally will have a positive impact on industry growth.
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Global traffic road marking coatings market share is moderately fragmented with major players includig Crown Technologies, Ennis-Flint, Geveko Markings, Monarch Industrial Product (I) Pvt Ltd, Swarco AG, and US specialty coatings. Manufacturers are targeting on expansion by executing strategic alliance, joint ventures, and mergers & acquisitions owing to rising product applications in airport and factory marking sectors which may stimulate market growth. Competitive Market Share of Traffic Road Marking Coatings Market :
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