Asia Pacific Road Marking Materials Market: By Type, By Application and Country  

Asia Pacific Road Marking Materials Market: By Type (Performance-Based Markings and Paint-Based Markings), By Application (Airport Marking, Antiskid Marking, Factory Marking, Parking Lot Marking, Road & Highway Marking  and Others) and Country  

Asia Pacific Road Marking Materials Market size was valued at US$ x billion in 2023 and is poised to grow at a CAGR of  x% from 2024 to 2030. Some of the key factors fueling the market growth include increase in spending for road safety, increasing application in airways and government safety standards. In addition, rising investments for roadway projects in developing countries create huge growth opportunity for the market. Moreover, the need to address problems such as traffic violations, traffic congestion, and road accidents are mainly driving the demand for road marking materials in the region. In APAC, countries have gradually accepted road safety measures, which is driving the demand for the market. The report studies Asia Pacific Road Marking Materials market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market.

In addition, market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, market to better equip clients with possible investment opportunities across the countries (countries Investment Hot-Spots) and market unmet needs (Product Opportunities). Road markings provide direction to drivers and pedestrians in order to ensure lane driving. It also directs regulations for stopping and parking. There has been an increase in the number of traffic crashes. Yearly, traffic accidents kill more than 1.2 million people and injure up to 50 million people. According to a study, existence of center and edge markings on road can plunge down the rate of accidents by 20%. Government of several countries are continuously taking up initiatives to offer road safety, therefore favoring the market in a big way. The increase in number of such incidences has insisted the governments of numerous nations to increase their budget for road safety in current and future action plans. An executive order has been sanctioned for the immediate implementation of an action plan to curb road accidents. Moreover, several countries are now approaching methods of road safety. Such factors are likely to increase the demand for road marking materials during the coming years, hence, giving the market a boost during the predicted period.

Asia Pacific Road Marking Materials Market Dynamics

Apart from the positive side, the Asia Pacific market is faced by many challenges. One of the main restraint factor, discouraging the growth of the market is unstable raw cost materials like pigments, additives, and resins that are extracted from crude oil. Unstable Asia Pacific oil and gas industry owing to various political dispute has hindered the market growth.

Asia Pacific Road Marking Materials Market Segmentation Analysis

Report Benchmarks

Details

By Type

  • Performance-Based Markings
  • Cold Plastics
  • Thermoplastics
  • Paint-Based Markings
  • Epoxy
  • Polyurethane-Based
  • Solvent Based
  • Water-Based

By Application

  • Airport Marking
  • Antiskid Marking
  • Factory Marking
  • Parking Lot Marking
  • Road & Highway Marking
  • Others

By Country

  • China
  • India
  • Australia and New Zealand (ANZ)
  • Japan
  • Rest of APAC

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

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Frequently Asked Questions

The asia pacific road marking materials market is studied from 2024 - 2030.

The report covers the asia pacific road marking materials market data: China, India, Japan, Australia & New Zealand

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.

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Author

Prem Kumar

Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....

1.Executive Summary
2.Asia Pacific Road Marking Materials Market Introduction 
2.1.Asia Pacific Road Marking Materials Market  - Taxonomy
2.2.Asia Pacific Road Marking Materials Market  - Definitions
2.2.1.Type
2.2.2. Application
2.2.3.Country
3.Asia Pacific Road Marking Materials Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Asia Pacific Road Marking Materials Market Analysis, 2019-2023 and Forecast 2024-2030
4.1.  Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Asia Pacific Road Marking Materials Market  By Type, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
5.1. Performance-Based Markings
5.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Cold Plastics
5.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Thermoplastics
5.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Paint-Based Markings
5.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
5.5. Epoxy
5.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.5.3. Market Opportunity Analysis 
5.6. Polyurethane-Based
5.6.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.6.3. Market Opportunity Analysis 
5.7. Solvent Based
5.7.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.7.3. Market Opportunity Analysis 
5.8. Water-Based
5.8.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
5.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.8.3. Market Opportunity Analysis 
6.Asia Pacific Road Marking Materials Market  By  Application, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
6.1. Airport Marking
6.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Antiskid Marking
6.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Factory Marking
6.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Parking Lot Marking
6.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Road & Highway Marking
6.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
6.6. Others
6.6.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.6.3. Market Opportunity Analysis 
7.Asia Pacific Road Marking Materials Market  By Country, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
7.1. China
7.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. India
7.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Australia and New Zealand (ANZ)
7.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Japan
7.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Rest of APAC
7.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8.China Road Marking Materials Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
8.1. Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.1.1.Performance-Based Markings
8.1.2.Cold Plastics
8.1.3.Thermoplastics
8.1.4.Paint-Based Markings
8.1.5.Epoxy
8.1.6.Polyurethane-Based
8.1.7.Solvent Based
8.1.8.Water-Based
8.2.   Application Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.2.1.Airport Marking
8.2.2.Antiskid Marking
8.2.3.Factory Marking
8.2.4.Parking Lot Marking
8.2.5.Road & Highway Marking
8.2.6.Others
9.India Road Marking Materials Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
9.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Performance-Based Markings
9.1.2.Cold Plastics
9.1.3.Thermoplastics
9.1.4.Paint-Based Markings
9.1.5.Epoxy
9.1.6.Polyurethane-Based
9.1.7.Solvent Based
9.1.8.Water-Based
9.2.   Application Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Airport Marking
9.2.2.Antiskid Marking
9.2.3.Factory Marking
9.2.4.Parking Lot Marking
9.2.5.Road & Highway Marking
9.2.6.Others
10.Australia and New Zealand (ANZ) Road Marking Materials Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
10.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Performance-Based Markings
10.1.2.Cold Plastics
10.1.3.Thermoplastics
10.1.4.Paint-Based Markings
10.1.5.Epoxy
10.1.6.Polyurethane-Based
10.1.7.Solvent Based
10.1.8.Water-Based
10.2.   Application Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Airport Marking
10.2.2.Antiskid Marking
10.2.3.Factory Marking
10.2.4.Parking Lot Marking
10.2.5.Road & Highway Marking
10.2.6.Others
11.Japan Road Marking Materials Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
11.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Performance-Based Markings
11.1.2.Cold Plastics
11.1.3.Thermoplastics
11.1.4.Paint-Based Markings
11.1.5.Epoxy
11.1.6.Polyurethane-Based
11.1.7.Solvent Based
11.1.8.Water-Based
11.2.   Application Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Airport Marking
11.2.2.Antiskid Marking
11.2.3.Factory Marking
11.2.4.Parking Lot Marking
11.2.5.Road & Highway Marking
11.2.6.Others
12.Rest of APAC Road Marking Materials Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
12.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Performance-Based Markings
12.1.2.Cold Plastics
12.1.3.Thermoplastics
12.1.4.Paint-Based Markings
12.1.5.Epoxy
12.1.6.Polyurethane-Based
12.1.7.Solvent Based
12.1.8.Water-Based
12.2.   Application Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Airport Marking
12.2.2.Antiskid Marking
12.2.3.Factory Marking
12.2.4.Parking Lot Marking
12.2.5.Road & Highway Marking
12.2.6.Others
13. Competition Landscape
13.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
13.2.1.Aximum 
13.2.2.Crown Technology, 
13.2.3.Ennis-Flint, Inc. 
13.2.4.Geveko Markings
13.2.5.Ozark Materials 
13.2.6.Rembrandtin Lack GmbH Nfg. KG 
13.2.7.SealMaster 
13.2.8.3M 
13.2.9.SWARCO AG 
13.2.10.The Sherwin-Williams Company
14. Research Methodology 
15. Appendix and Abbreviations 

Key Market Players

  • Aximum 
  • Crown Technology, 
  • Ennis-Flint, Inc. 
  • Geveko Markings
  • Ozark Materials 
  • Rembrandtin Lack GmbH Nfg. KG 
  • SealMaster 
  • 3M 
  • SWARCO AG 
  • The Sherwin-Williams Company

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