Market Overview:
The global MMA Traffic Paint market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for MMA traffic paint from various applications such as road & highway marking, parking lot marking, factory marking, airport marking and antiskid marking. North America is expected to hold the largest share of the global MMA traffic paint market in 2018 while Asia Pacific is projected to grow at the highest CAGR during the forecast period.
Product Definition:
MMA Traffic Paint is a traffic paint that is made of a modified asphalt emulsion and mineral aggregate. The paint is used to mark lane lines, symbols, and other markings on roads.
ACH Method:
The ACH (Automated Clearing House) method is a payment system that helps businesses transfer money. The growth factor in the MMA Traffic Paint market is that this payment system has become more user-friendly and faster. It uses smart software to connect banks, which makes it easy for both parties - the payer and the receiver - without any intervention from third parties.
Isobutylene Method:
Isobutylene (IBP) is an industrial chemical used as a monomer in the manufacturing of methyl methacrylate (MMA), which is further utilized for manufacturing traffic paints, adhesives, and sealants. The method known as the isobutylene method or i-butylene method for producing MMA from butadiene and hydrogen gas has been developed by Dow Chemical Company in Midland, Texas.
Application Insights:
Road & highway marking was the largest application segment in 2017 and accounted for over 60% of the total revenue share. The product is widely used to indicate priority or no parking on both sides, one-way traffic, loading zones and disabled parking spaces. These markings are applied at major roadsides across countries to avoid traffic accidents.
Parking lot marking is expected to be the fastest growing application segment from 2018 to 2030 owing to increasing number of shopping malls and complexes that require proper markings for better visibility of disabled vehicles in a parking lot area. The product can also be used within a car park by positioning Traffic Paint Markers at intervals along the length of a car park so as not to exceed maximum vehicle length restriction imposed by authorities.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to maintain its dominance over the forecast period owing to high demand for automobiles and growing adoption of MMA vehicles. Furthermore, increasing number of MMA events held across North America has led to an increase in product sales, thereby supporting regional growth.
The Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising disposable income coupled with increasing investments by various governments towards development of transportation infrastructure such as roads and highways. These factors are expected drive product demand across this region during the forecast period.
Europe accounted for a significant share in global arena after Latin America.
Growth Factors:
- Increasing demand for MMA Traffic Paint from the automotive and construction industries as a result of the growing population and rising income levels in developing countries.
- The increasing use of MMA Traffic Paint in road markings, parking lots, airports, and other transportation facilities to improve safety and traffic flow.
- The increasing popularity of MMA Traffic Paint among consumers due to its superior performance characteristics compared to traditional paints and coatings.
- Technological advancements that have led to the development of new formulations of MMA Traffic Paint that are more durable, fade-resistant, and environmentally friendly.
Scope Of The Report
Report Attributes
Report Details
Report Title
MMA Traffic Paint Market Research Report
By Type
ACH Method, Isobutylene Method, Ethylene Method
By Application
Road & Highway Marking, Parking Lot Marking, Factory Marking, Airport Marking, Antiskid Marking
By Companies
3M, Visever SL, Promain Paints, Aexcel Corp, SherwinWilliams, Ennis-Flint, Silikal, Lafrentz, DEGAROUTE, Anhui Tory Material Technology Inc, 3M, Shanxi Zhongtu Traffic Technology, Shanxi Changda Traffic Facilities
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
157
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global MMA Traffic Paint Market Report Segments:
The global MMA Traffic Paint market is segmented on the basis of:
Types
ACH Method, Isobutylene Method, Ethylene Method
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Road & Highway Marking, Parking Lot Marking, Factory Marking, Airport Marking, Antiskid Marking
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 3M
- Visever SL
- Promain Paints
- Aexcel Corp
- SherwinWilliams
- Ennis-Flint
- Silikal
- Lafrentz
- DEGAROUTE
- Anhui Tory Material Technology Inc
- 3M
- Shanxi Zhongtu Traffic Technology
- Shanxi Changda Traffic Facilities
Highlights of The MMA Traffic Paint Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- ACH Method
- Isobutylene Method
- Ethylene Method
- By Application:
- Road & Highway Marking
- Parking Lot Marking
- Factory Marking
- Airport Marking
- Antiskid Marking
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the MMA Traffic Paint Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
MMA Traffic Paint is a traffic simulation software that allows users to create and manage traffic flows in real time. It includes features such as lane management, congestion detection, and automatic vehicle routing.
Some of the major players in the mma traffic paint market are 3M, Visever SL, Promain Paints, Aexcel Corp, SherwinWilliams, Ennis-Flint, Silikal, Lafrentz, DEGAROUTE, Anhui Tory Material Technology Inc, 3M, Shanxi Zhongtu Traffic Technology, Shanxi Changda Traffic Facilities.
The mma traffic paint market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 MMA Traffic Paint Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 MMA Traffic Paint Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 MMA Traffic Paint Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the MMA Traffic Paint Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global MMA Traffic Paint Market Size & Forecast, 2018-2028 4.5.1 MMA Traffic Paint Market Size and Y-o-Y Growth 4.5.2 MMA Traffic Paint Market Absolute $ Opportunity
Chapter 5 Global MMA Traffic Paint Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 MMA Traffic Paint Market Size Forecast by Type
5.2.1 ACH Method
5.2.2 Isobutylene Method
5.2.3 Ethylene Method
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global MMA Traffic Paint Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 MMA Traffic Paint Market Size Forecast by Applications
6.2.1 Road & Highway Marking
6.2.2 Parking Lot Marking
6.2.3 Factory Marking
6.2.4 Airport Marking
6.2.5 Antiskid Marking
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global MMA Traffic Paint Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 MMA Traffic Paint Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America MMA Traffic Paint Analysis and Forecast
9.1 Introduction
9.2 North America MMA Traffic Paint Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America MMA Traffic Paint Market Size Forecast by Type
9.6.1 ACH Method
9.6.2 Isobutylene Method
9.6.3 Ethylene Method
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America MMA Traffic Paint Market Size Forecast by Applications
9.10.1 Road & Highway Marking
9.10.2 Parking Lot Marking
9.10.3 Factory Marking
9.10.4 Airport Marking
9.10.5 Antiskid Marking
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe MMA Traffic Paint Analysis and Forecast
10.1 Introduction
10.2 Europe MMA Traffic Paint Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe MMA Traffic Paint Market Size Forecast by Type
10.6.1 ACH Method
10.6.2 Isobutylene Method
10.6.3 Ethylene Method
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe MMA Traffic Paint Market Size Forecast by Applications
10.10.1 Road & Highway Marking
10.10.2 Parking Lot Marking
10.10.3 Factory Marking
10.10.4 Airport Marking
10.10.5 Antiskid Marking
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific MMA Traffic Paint Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific MMA Traffic Paint Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific MMA Traffic Paint Market Size Forecast by Type
11.6.1 ACH Method
11.6.2 Isobutylene Method
11.6.3 Ethylene Method
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific MMA Traffic Paint Market Size Forecast by Applications
11.10.1 Road & Highway Marking
11.10.2 Parking Lot Marking
11.10.3 Factory Marking
11.10.4 Airport Marking
11.10.5 Antiskid Marking
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America MMA Traffic Paint Analysis and Forecast
12.1 Introduction
12.2 Latin America MMA Traffic Paint Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America MMA Traffic Paint Market Size Forecast by Type
12.6.1 ACH Method
12.6.2 Isobutylene Method
12.6.3 Ethylene Method
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America MMA Traffic Paint Market Size Forecast by Applications
12.10.1 Road & Highway Marking
12.10.2 Parking Lot Marking
12.10.3 Factory Marking
12.10.4 Airport Marking
12.10.5 Antiskid Marking
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) MMA Traffic Paint Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) MMA Traffic Paint Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) MMA Traffic Paint Market Size Forecast by Type
13.6.1 ACH Method
13.6.2 Isobutylene Method
13.6.3 Ethylene Method
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) MMA Traffic Paint Market Size Forecast by Applications
13.10.1 Road & Highway Marking
13.10.2 Parking Lot Marking
13.10.3 Factory Marking
13.10.4 Airport Marking
13.10.5 Antiskid Marking
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 MMA Traffic Paint Market: Competitive Dashboard
14.2 Global MMA Traffic Paint Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3M
14.3.2 Visever SL
14.3.3 Promain Paints
14.3.4 Aexcel Corp
14.3.5 SherwinWilliams
14.3.6 Ennis-Flint
14.3.7 Silikal
14.3.8 Lafrentz
14.3.9 DEGAROUTE
14.3.10 Anhui Tory Material Technology Inc
14.3.11 3M
14.3.12 Shanxi Zhongtu Traffic Technology
14.3.13 Shanxi Changda Traffic Facilities