Russia Traffic Road Marking Coatings Market Size & Outlook
Russia traffic road marking coatings market, 2018-2030 (US$M)
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Russia traffic road marking coatings market highlights
- The Russia traffic road marking coatings market generated a revenue of USD 198.5 million in 2023 and is expected to reach USD 272.1 million by 2030.
- The Russia market is expected to grow at a CAGR of 4.6% 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 198.5 million |
| Market revenue in 2030 | USD 272.1 million |
| Growth rate | 4.6% (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, Russia accounted for 3.6% 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 Europe, Germany traffic road marking coatings market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 819.8 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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Russia 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 44.74% in 2023. Horizon Databook has segmented the Russia 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.
The country is further planning to expand its road network by building new highways. As part of a plan to boost the economy by increasing government spending in infrastructure, President Vladimir Putin launched a project for the construction of new highways in the country. This new project is expected to help propel the demand for traffic road marking coatings in the country over the forecast period.
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Our clientele includes a mix of traffic road marking coatings market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Russia traffic road marking coatings market , including forecasts for subscribers. This country databook contains high-level insights into Russia traffic road marking coatings market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Russia traffic road marking coatings market size, by product, 2018-2030 (US$M)
Russia Traffic Road Marking Coatings Market Outlook Share, 2023 & 2030 (US$M)
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