UK Traffic Road Marking Coatings Market Size & Outlook
UK traffic road marking coatings market, 2018-2030 (US$M)
Related Markets
UK traffic road marking coatings market highlights
- The UK traffic road marking coatings market generated a revenue of USD 158.2 million in 2023 and is expected to reach USD 230.6 million by 2030.
- The UK market is expected to grow at a CAGR of 5.5% 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 158.2 million |
| Market revenue in 2030 | USD 230.6 million |
| Growth rate | 5.5% (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, UK accounted for 2.9% 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 |
|---|
UK 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 45.01% in 2023. Horizon Databook has segmented the UK 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.
As of 2019, the UK accounted for a road network of various ongoing road improvement projects in the country, which, in turn, is projected to propel the demand for traffic road marking coatings. In 2019, the country recorded 27,820 serious injuries and deaths due to road accidents. In order to reduce this number significantly, the government of the UK is taking various steps and investing in the maintenance and construction of roads. These trends are expected to positively impact the market growth over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK traffic road marking coatings market , including forecasts for subscribers. This country databook contains high-level insights into UK traffic road marking coatings market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK traffic road marking coatings market size, by product, 2018-2030 (US$M)
UK Traffic Road Marking Coatings Market Outlook Share, 2023 & 2030 (US$M)
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