Argentina Traffic Road Marking Coatings Market Size & Outlook
Argentina traffic road marking coatings market, 2018-2030 (US$M)
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Argentina traffic road marking coatings market highlights
- The Argentina traffic road marking coatings market generated a revenue of USD 93.3 million in 2023 and is expected to reach USD 142.5 million by 2030.
- The Argentina market is expected to grow at a CAGR of 6.2% from 2024 to 2030.
- In terms of segment, paint was the largest revenue generating product in 2023.
- Thermoplastic is the most lucrative product segment registering the fastest growth during the forecast period.
Traffic road marking coatings market data book summary
| Market revenue in 2023 | USD 93.3 million |
| Market revenue in 2030 | USD 142.5 million |
| Growth rate | 6.2% (CAGR from 2023 to 2030) |
| Largest segment | Paint |
| Fastest growing segment | Thermoplastic |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Paint, Thermoplastic, Preformed Polymer Tape, Epoxy |
| Key market players worldwide | Sherwin-Williams Co, Ennis Inc, Dow Inc, 3M Co, SWARCO |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.7% of the global traffic road marking coatings market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil traffic road marking coatings market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 561.6 million by 2030.
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Traffic Road Marking Coatings Market Scope
Traffic Road Marking Coatings Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina 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 43.84% in 2023. Horizon Databook has segmented the Argentina 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.
According to the WHO, Argentina a total of 6,114 death by accidents were recorded in 2017. A Road Safety Project was implemented in the country with investments from the World Bank and a few other private organizations. The project aims to improve road safety conditions in the country over the next few years. This, in turn, is expected to reduce the road traffic fatalities and injuries by strengthening the country's management capacity and institutional framework.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina traffic road marking coatings market , including forecasts for subscribers. This country databook contains high-level insights into Argentina traffic road marking coatings market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina traffic road marking coatings market size, by product, 2018-2030 (US$M)
Argentina Traffic Road Marking Coatings Market Outlook Share, 2023 & 2030 (US$M)
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