World Market for Road Marking Coatings: English Market Research Report
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The global market size for road marking coatings was $5.2 billion in 2022 and is expected to grow from $5.51 billion in 2023 to $8.79 billion by 2031, with a projected CAGR of 6.00% during the forecast period (2024-2031). An increase in infrastructure development investments for new highway construction and the prioritization of repair and maintenance work are anticipated to be significant driving factors for the global market. This industry encompasses both new road construction and maintenance activities, fueling the demand for repainting. Recent trends show a rise in investments in intelligent road marking systems and machinery that monitor driver speed, driving conditions, and temperature, sending that data to vehicle sensor systems. Paint serves as a common method for marking travel lanes, loading zones, and parking spaces.
- Company:グローバルインフォメーション
- Price:500,000 yen-1 million yen