Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Road Marking Materials Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Forecasted Market Size and CAGR for the Road Marking Materials Market?
The market size for road marking materials has seen significant growth in the past years. The market size is projected to increase from $6.38 billion in 2024 to $6.74 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 5.6%.
What Is the Forecasted CAGR for the Road Marking Materials Market by 2029?
The road marking materials market is projected to reach $9.1 billion in 2029, growing at a compound annual growth rate (CAGR) of 7.8%.
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What Are the Market Drivers in the Road Marking Materials Industry?
The key Drivers in the road marking materials market are:
• The launch of new infrastructure and roadway projects in emerging economies
• Increased emphasis on passenger safety in road projects
• Rising consumption of road marking materials due to enhanced safety measures
• Significant planned investment in infrastructure and construction projects in the future.
What Is the Segment-Wise Breakdown of the Road Marking Materials Market?
The road marking materialsmarket covered in this report is segmented –
1) By Type: Paint-Based Marking, Solvent-Based Paints, Water-Based Paints, Performance-Based Marking, Thermoplastics, Cold Plastics
2) By Application: Road Markings, Factory Markings, Car Park Markings, Airport Markings, Anti-Skid Markings
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Which Emerging Trends Are Driving Growth in the Road Marking Materials Sector?
The key trends in the road marking materials market are:
• There is a rising trend of using more environmentally friendly binders in the road marking materials industry.
• The integration of recycled materials in the production of road marking materials is becoming more widespread.
• Road marking materials that virtually eliminate the release of harmful organic compounds are gaining traction.
• Road marking materials that eliminate the need for external heating are also being increasingly adopted.
Which Companies Are Dominating the Road Marking Materials Market in Terms of Revenue?
The key players in the road marking materials market are:
• The Sherwin-Williams Company
• Minnesota Mining and Manufacturing Company
• Ennis Flint Inc.
• Evonik Industries AG
• Geveko Marking UK Ltd.
• Hempel AS
• Kelly Bros Ltd.
• Ozark Materials LLC
• Sealmaster of Pennsylvania Inc.
• SWARCO Industries Inc.
• Automark Technologies Private Ltd.
• Asian Paints Ltd.
• Chemac Inc.
• DCC LANINO ROAD SAFETY PRIVATE LIMITED
• Dow Chemical Company
• Epoplex GmbH & Co. KG
• Geveko Markings India Pvt. Ltd.
• Hitex International Group
• Hi-Way Services Ltd.
• Kestrel Thermoplastics Limited
• Crown Technology Inc.
• LANINO LLC
• Liquid Plastics Limited
• Nippon Paint (M) Sdn Bhd
• Potters Industries LLC
• RAE Products and Chemicals Corp.
• Roadmark Corporation
• Viz Reflectives North America
• 3M Co.
• Aximum SA
• BASF SE
• BASLER LACKE AG
• BNKO Environmental Technology Co. Ltd.
• Crown US LLC
• Dianal America Inc.
• Henkel Corp.
• NITTO DENKO CORPORATION
• Permionics Membranes Private Limited
• PPG Industries Ltd.
What Are the Regions Driving Demand in the Road Marking Materials Market?
Asia-Pacific was the largest region in the road marking materials market in 2024
