Market Overview:
The global road marking resins market is estimated to be valued at US$ XX Mn in 2018 and is projected to register a CAGR of X.X% over the forecast period (2018-2030), to reach a value of US$ XX Mn by 2030. The market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into waterbased, solvent based and two-component road marking resins. Of these, waterbased road marking resins are expected to account for a major share in terms of revenue in 2018. This can be attributed to their easy availability and low cost as compared with other types of road marking resins available in the market.
Product Definition:
Road marking resins are a type of adhesive used to attach road markings to the roadway. They are typically made from polyurethanes or acrylics, and come in a variety of colors. Road marking resins are important because they provide a durable and visible surface for road markings.
Waterbased:
Water-based marking resins are used for providing a durable, waterproof and high-quality surface to road markings. The resin is applied in the form of a liquid that sets into an acrylic polymer matrix which provides adhesion between the resin and the substrate. It can be utilized on concrete, bitumen, asphalt or any other hard surface.
Solvent Based:
Solvent-based coatings are used for road marking resins in the construction industry. They are characterized by good adhesion, abrasion, and chemical resistance along with a high level of flexibility. Solvent based coating is made up of two components; solvent which is a carrier or diluent that dissolves the base material and then solidifies to form a coating and second component which is an additive that modifies the properties of solvent based coatings.
Application Insights:
Hot-melt road marking application dominated the global market in terms of revenue share in 2017. The segment is expected to witness growth at a CAGR of XX% from 2018 to 2030 owing to its increasing use for labeling and identifying products on delivery trucks, trains, ships and aircrafts.
Road marking resins are used for various applications such as hot-melt labeling and identification on delivery trucks, trains, ships & aircrafts as well as cold plastic molding onto vehicles that require durable markings with high contrast coloration between the mark and background surfaces. Other than this they are also used for ice control during snow removal operations along roadsides in cold weather regions like North America.
Regional Analysis:
Asia Pacific dominated the global road marking resins market in terms of revenue with a share of over 45.0% in 2017. This is attributed to increasing construction activities and rapid urbanization across emerging economies such as China, India, Indonesia, Vietnam and Thailand among others are expected to drive the demand for these products over the forecast period.
The growing automotive industry across Asia Pacific countries such as India, China and Japan has led to an increase in investments for improving infrastructure facilities which is anticipated would propel product demand further driving growth. In addition Road Development & Control Department (RDC) under Ministry of Road Transport & Highways developed new standards regarding traffic markings which include guidelines on colors, surface treatments etc.
Europe was estimated as being second largest region followed by North America owing to presence of major companies along with well-established infrastructure network roads.
Growth Factors:
- Increasing demand for road safety and security
- Growing awareness about the benefits of using road marking resins
- Rising investments in transportation infrastructure
- Technological advancements in the field of road marking resins
- Growing demand from emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Road Marking Resins (CAS 64742-16-1) Market Research Report
By Type
Waterbased, Solvent Based, Two-Component
By Application
Hot-Melt Road Marking, Cold Plastic Road Marking
By Companies
3M, Sherwin-Williams, Swarco AG, Nippon Paint, Ennis Flint, Exxon Mobil, Helios Resins, Kraton, Silikal, KOLON, 3M, Conier Chem & Pharma Limited, Triveni Chemicals
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
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global Road Marking Resins (CAS 64742-16-1) Market Report Segments:
The global Road Marking Resins (CAS 64742-16-1) market is segmented on the basis of:
Types
Waterbased, Solvent Based, Two-Component
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
Hot-Melt Road Marking, Cold Plastic Road 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
- Sherwin-Williams
- Swarco AG
- Nippon Paint
- Ennis Flint
- Exxon Mobil
- Helios Resins
- Kraton
- Silikal
- KOLON
- 3M
- Conier Chem & Pharma Limited
- Triveni Chemicals
Highlights of The Road Marking Resins (CAS 64742-16-1) 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:
- Waterbased
- Solvent Based
- Two-Component
- By Application:
- Hot-Melt Road Marking
- Cold Plastic Road 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 Road Marking Resins (CAS 64742-16-1) 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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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Road marking resins are a type of adhesive that can be used to permanently mark surfaces. They are typically used in applications where a permanent, durable marking is required, such as on the side of roads or in parking lots.
Some of the key players operating in the road marking resins (cas 64742-16-1) market are 3M, Sherwin-Williams, Swarco AG, Nippon Paint, Ennis Flint, Exxon Mobil, Helios Resins, Kraton, Silikal, KOLON, 3M, Conier Chem & Pharma Limited, Triveni Chemicals.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Road Marking Resins (CAS 64742-16-1) 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 Road Marking Resins (CAS 64742-16-1) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Road Marking Resins (CAS 64742-16-1) 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 Road Marking Resins (CAS 64742-16-1) 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 Road Marking Resins (CAS 64742-16-1) Market Size & Forecast, 2020-2028 4.5.1 Road Marking Resins (CAS 64742-16-1) Market Size and Y-o-Y Growth 4.5.2 Road Marking Resins (CAS 64742-16-1) Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Waterbased
5.2.2 Solvent Based
5.2.3 Two-Component
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Hot-Melt Road Marking
6.2.2 Cold Plastic Road Marking
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Road Marking Resins (CAS 64742-16-1) 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 Road Marking Resins (CAS 64742-16-1) 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Waterbased
9.6.2 Solvent Based
9.6.3 Two-Component
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 Market Size Forecast by Applications
9.10.1 Hot-Melt Road Marking
9.10.2 Cold Plastic Road 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Waterbased
10.6.2 Solvent Based
10.6.3 Two-Component
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 Market Size Forecast by Applications
10.10.1 Hot-Melt Road Marking
10.10.2 Cold Plastic Road 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Waterbased
11.6.2 Solvent Based
11.6.3 Two-Component
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 Market Size Forecast by Applications
11.10.1 Hot-Melt Road Marking
11.10.2 Cold Plastic Road 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Waterbased
12.6.2 Solvent Based
12.6.3 Two-Component
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 Market Size Forecast by Applications
12.10.1 Hot-Melt Road Marking
12.10.2 Cold Plastic Road 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Waterbased
13.6.2 Solvent Based
13.6.3 Two-Component
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) Market Size Forecast by Applications
13.10.1 Hot-Melt Road Marking
13.10.2 Cold Plastic Road 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 Road Marking Resins (CAS 64742-16-1) Market: Competitive Dashboard
14.2 Global Road Marking Resins (CAS 64742-16-1) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3M
14.3.2 Sherwin-Williams
14.3.3 Swarco AG
14.3.4 Nippon Paint
14.3.5 Ennis Flint
14.3.6 Exxon Mobil
14.3.7 Helios Resins
14.3.8 Kraton
14.3.9 Silikal
14.3.10 KOLON
14.3.11 3M
14.3.12 Conier Chem & Pharma Limited
14.3.13 Triveni Chemicals