Market Overview:
The global road retro-reflective glass beads market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for safety and security measures across the globe. The global road retro-reflective glass beads market has been segmented on the basis of type, application, and region. On the basis of type, the market has been segmented into 1000 micrometers. On the basis of application, the market has been segmented into urban roads,, country roads,, highways,.On the basis of region,, North America,, Latin America,, Europe,,,, Asia Pacific,,,, Middle East & Africa).
Product Definition:
Road Retro-reflective Glass Beads are small, round, and highly reflective pieces of glass that are used as a safety feature on roads. They are applied to the surface of the road in a thin layer, and when light shines on them, they reflect it back in the direction from which it came. This helps drivers see objects and hazards on the road at night or in poor weather conditions.
Retro-reflective glass beads are used in road marking applications ranging from 0.50 to 2.75 inches in diameter and have a thickness of 1/16th inch or smaller. The glass beads are coated with an acrylic resin that is resistant to chemicals, such as oil, gasoline, and diesel; thus making it suitable for use on the road surface.
50-500 Micrometers:
50-500 micrometers is the range of average size of glass beads used in road retro-reflective glass beads. It’s a key component for traffic management as it helps drivers and pedestrians to walk safely at night. 50-500 micrometer Road Retro-Reflective Glass Beads are available in different shapes and colors, which help drivers to see the obstacles easily during day and night time.
Application Insights:
The application segment includes urban road, country road and highway. The country roads sector is anticipated to witness growth at a CAGR of XX% over the forecast period owing to rising demand for retro-reflective glass beads from various end-use industries including automotive, construction and safety equipment manufacturing among others.
The use of retro-reflective glass beads on highways has witnessed significant growth in recent years owing to enhanced visibility offered by these products coupled with their low cost as compared to other reflective materials such as aluminum or steel wire which are used traditionally for similar purposes. Furthermore, governments around the world are increasingly focusing on improving traffic safety through implementation of strict traffic regulations especially along high risk corridors where accidents have been reported more frequently due to lack of proper signage and markings making it difficult for drivers unfamiliar with the area resulting in increased adoption of retro-reflective glass beads across highways globally.
Regional Analysis:
North America dominated the global road retro-reflective glass beads market in 2017. The growing adoption of RRL glass beads in the automotive industry is expected to drive the regional growth over the forecast period. Furthermore, increasing government spending on infrastructure development and stringent regulations for vehicle safety are likely to propel product demand over the next eight years.
The Asia Pacific region is anticipated to witness significant growth owing to rising construction activities and increasing automobile production in emerging economies such as China, India, Japan, South Korea & Taiwan.
Growth Factors:
- Increasing demand for road safety and security
- Growing awareness about the benefits of using road retro-reflective glass beads
- Rising number of construction and infrastructure projects worldwide
- Technological advancements in the production of road retro-reflective glass beads
- Growing demand from emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Road Retro-reflective Glass Beads Market Research Report
By Type
<50 Micrometers, 50-500 Micrometers, 500-1000 Micrometers, >1000 Micrometers
By Application
Urban Road, Country Road, Highway
By Companies
Sigmund Lindner, Unitika, Britesite NZ Ltd, PROMAX Industries, Blastrite, SWARCO, Indo Glass Beads, Weissker, Specialized Coating Systems (Pty) Ltd, Daqing Lutong, Sigmund Lindner, US SPECIALTY COATINGS, Geveko Markings UK, TAPCO (Traffic & Parking Control Co., Inc.)
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
171
Number of Tables & Figures
120
Customization Available
Yes, the report can be customized as per your need.
Global Road Retro-reflective Glass Beads Market Report Segments:
The global Road Retro-reflective Glass Beads market is segmented on the basis of:
Types
<50 Micrometers, 50-500 Micrometers, 500-1000 Micrometers, >1000 Micrometers
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
Urban Road, Country Road, Highway
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:
- Sigmund Lindner
- Unitika
- Britesite NZ Ltd
- PROMAX Industries
- Blastrite
- SWARCO
- Indo Glass Beads
- Weissker
- Specialized Coating Systems (Pty) Ltd
- Daqing Lutong
- Sigmund Lindner
- US SPECIALTY COATINGS
- Geveko Markings UK
- TAPCO (Traffic & Parking Control Co., Inc.)
Highlights of The Road Retro-reflective Glass Beads 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:
- <50 Micrometers
- 50-500 Micrometers
- 500-1000 Micrometers
- >1000 Micrometers
- By Application:
- Urban Road
- Country Road
- Highway
- 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 Retro-reflective Glass Beads 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.
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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?
Road Retro-reflective Glass Beads are a type of reflective material that is used on roads and other public areas to make drivers more visible at night. The beads are made from a special glass that reflects light back in the same direction it came from, which makes them very effective at helping drivers see in low light conditions.
Some of the major players in the road retro-reflective glass beads market are Sigmund Lindner, Unitika, Britesite NZ Ltd, PROMAX Industries, Blastrite, SWARCO, Indo Glass Beads, Weissker, Specialized Coating Systems (Pty) Ltd, Daqing Lutong, Sigmund Lindner, US SPECIALTY COATINGS, Geveko Markings UK, TAPCO (Traffic & Parking Control Co., Inc.).
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Road Retro-reflective Glass Beads 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 Retro-reflective Glass Beads Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Road Retro-reflective Glass Beads 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 Retro-reflective Glass Beads 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 Retro-reflective Glass Beads Market Size & Forecast, 2018-2028
4.5.1 Road Retro-reflective Glass Beads Market Size and Y-o-Y Growth
4.5.2 Road Retro-reflective Glass Beads Market Absolute $ Opportunity
Chapter 5 Global Road Retro-reflective Glass Beads 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 Road Retro-reflective Glass Beads Market Size Forecast by Type
5.2.1 <50 Micrometers
5.2.2 50-500 Micrometers
5.2.3 500-1000 Micrometers
5.2.4 >1000 Micrometers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Road Retro-reflective Glass Beads 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 Road Retro-reflective Glass Beads Market Size Forecast by Applications
6.2.1 Urban Road
6.2.2 Country Road
6.2.3 Highway
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Road Retro-reflective Glass Beads 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 Retro-reflective Glass Beads 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 Road Retro-reflective Glass Beads Analysis and Forecast
9.1 Introduction
9.2 North America Road Retro-reflective Glass Beads 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 Road Retro-reflective Glass Beads Market Size Forecast by Type
9.6.1 <50 Micrometers
9.6.2 50-500 Micrometers
9.6.3 500-1000 Micrometers
9.6.4 >1000 Micrometers
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 Road Retro-reflective Glass Beads Market Size Forecast by Applications
9.10.1 Urban Road
9.10.2 Country Road
9.10.3 Highway
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 Road Retro-reflective Glass Beads Analysis and Forecast
10.1 Introduction
10.2 Europe Road Retro-reflective Glass Beads 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 Road Retro-reflective Glass Beads Market Size Forecast by Type
10.6.1 <50 Micrometers
10.6.2 50-500 Micrometers
10.6.3 500-1000 Micrometers
10.6.4 >1000 Micrometers
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 Road Retro-reflective Glass Beads Market Size Forecast by Applications
10.10.1 Urban Road
10.10.2 Country Road
10.10.3 Highway
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 Road Retro-reflective Glass Beads Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Road Retro-reflective Glass Beads 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 Road Retro-reflective Glass Beads Market Size Forecast by Type
11.6.1 <50 Micrometers
11.6.2 50-500 Micrometers
11.6.3 500-1000 Micrometers
11.6.4 >1000 Micrometers
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 Road Retro-reflective Glass Beads Market Size Forecast by Applications
11.10.1 Urban Road
11.10.2 Country Road
11.10.3 Highway
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 Road Retro-reflective Glass Beads Analysis and Forecast
12.1 Introduction
12.2 Latin America Road Retro-reflective Glass Beads 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 Road Retro-reflective Glass Beads Market Size Forecast by Type
12.6.1 <50 Micrometers
12.6.2 50-500 Micrometers
12.6.3 500-1000 Micrometers
12.6.4 >1000 Micrometers
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 Road Retro-reflective Glass Beads Market Size Forecast by Applications
12.10.1 Urban Road
12.10.2 Country Road
12.10.3 Highway
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) Road Retro-reflective Glass Beads Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Road Retro-reflective Glass Beads 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) Road Retro-reflective Glass Beads Market Size Forecast by Type
13.6.1 <50 Micrometers
13.6.2 50-500 Micrometers
13.6.3 500-1000 Micrometers
13.6.4 >1000 Micrometers
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) Road Retro-reflective Glass Beads Market Size Forecast by Applications
13.10.1 Urban Road
13.10.2 Country Road
13.10.3 Highway
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 Retro-reflective Glass Beads Market: Competitive Dashboard
14.2 Global Road Retro-reflective Glass Beads Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sigmund Lindner
14.3.2 Unitika
14.3.3 Britesite NZ Ltd
14.3.4 PROMAX Industries
14.3.5 Blastrite
14.3.6 SWARCO
14.3.7 Indo Glass Beads
14.3.8 Weissker
14.3.9 Specialized Coating Systems (Pty) Ltd
14.3.10 Daqing Lutong
14.3.11 Sigmund Lindner
14.3.12 US SPECIALTY COATINGS
14.3.13 Geveko Markings UK
14.3.14 TAPCO (Traffic & Parking Control Co., Inc.)
