Global Traffic Road Marking Coatings Market Size & Outlook
Global traffic road marking coatings market, 2018-2030 (US$M)
Related Markets
Global traffic road marking coatings market highlights
- The global traffic road marking coatings market generated a revenue of USD 5,485.2 million in 2023 and is expected to reach USD 8,332.6 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.2% by 2030.
- In terms of segment, paint accounted for a revenue of USD 2,464.9 million in 2023.
- Thermoplastic is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2023.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 5,485.2 million |
| Market revenue in 2030 | USD 8,332.6 million |
| Growth rate | 6.2% (CAGR from 2023 to 2030) |
| Largest segment | Paint |
| Fastest growing segment | Thermoplastic |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Paint, Thermoplastic, Preformed Polymer Tape, Epoxy |
Other key industry trends
- In terms of revenue, the North America accounted for 24.0% of the global traffic road marking coatings market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Mexico is the fastest growing regional market and is projected to reach USD 91.3 million by 2030.
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Traffic Road Marking Coatings Market Scope
Traffic Road Marking Coatings Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global traffic road marking coatings market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to traffic road marking coatings market will help companies and investors design strategic landscapes.
Paint was the largest segment with a revenue share of 44.94% in 2023. Horizon Databook has segmented the Global traffic road marking coatings market based on paint, thermoplastic, preformed polymer tape, epoxy covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Traffic Road Marking Coatings Product Outlook (Revenue, USD Million, 2018-2030)
- Paint
- Thermoplastic
- Preformed Polymer Tape
- Epoxy
- Global Traffic Road Marking Coatings Type Outlook (Revenue, USD Million, 2018-2030)
- Permanent
- Removable
- Global Traffic Road Marking Coatings Application Outlook (Revenue, USD Million, 2018-2030)
- Road Marking Lines
- Road Marking Labels
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Horizon Databook provides a detailed overview of global-level data and insights on the Global traffic road marking coatings market , including forecasts for subscribers. This global databook contains high-level insights into Global traffic road marking coatings market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global traffic road marking coatings market size, by region, 2018-2030 (US$M)
Top 10 countries: Traffic road marking coatings market size, 2023 (US$M)
Global traffic road marking coatings market share, by product, 2023 & 2030 (%, US$M)
Traffic road marking coatings market: Opportunity assessment by country
Global traffic road marking coatings market, by region, 2023 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 508.8 | 537.6 | 567.7 | 602.6 | 639.8 | 677.2 | 719.4 | 762.5 | 810.8 | 865.1 | 923.9 | 989.2 | 1,061.3 | 4.0% |
| Europe | 1,311.4 | 1,375.7 | 1,442.2 | 1,519.7 | 1,602.0 | 1,683.5 | 1,775.5 | 1,868.4 | 1,972.6 | 2,089.6 | 2,215.7 | 2,355.4 | 2,509.3 | 3.6% |
| North America | 1,072.9 | 1,115.6 | 1,159.1 | 1,210.3 | 1,264.1 | 1,316.0 | 1,374.8 | 1,432.8 | 1,498.0 | 1,571.1 | 1,649.2 | 1,735.3 | 1,829.5 | 3.0% |
| MEA | 206.0 | 213.8 | 221.8 | 231.1 | 241.0 | 250.4 | 261.0 | 271.5 | 283.2 | 296.4 | 310.4 | 325.9 | 342.7 | 2.6% |
| Asia Pacific | 1,117.1 | 1,192.0 | 1,270.7 | 1,361.4 | 1,458.9 | 1,558.1 | 1,669.9 | 1,785.4 | 1,914.8 | 2,060.1 | 2,218.4 | 2,394.5 | 2,589.8 | 4.7% |
| Overall | 4,216.2 | 4,434.7 | 4,661.5 | 4,925.0 | 5,205.7 | 5,485.2 | 5,800.7 | 6,120.5 | 6,479.5 | 6,882.3 | 7,317.6 | 7,800.2 | 8,332.6 | 6.2% |
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