Market Overview:
The global thermoplastic marking paint market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for thermoplastic marking paints from various end-use industries, such as roads & streets, parking lots, airports, and others. In addition, the growing awareness about safety and security among consumers is also propelling the demand for thermoplastic marking paints across the globe. Based on type, the global thermoplastic marking paint market can be segmented into polyurethane base material, epoxy base material, chlorinated rubber base material, and other types. Polyurethane based thermoplastic markings are widely used in road markings owing to their superior properties such as high abrasion resistance and durability against weathering conditions. Epoxy based materials are also gaining popularity due to their excellent adhesion properties and resistance against solvents and chemicals. Chlorinated rubber based materials are used mainly in applications where high visibility is required such as airports or railway crossings. On basis of application type ,the global Thermoplastic Marking Paint Market can be classified into roads & streets ,parking lot s ,airport s ,and others .Roads & Streets segment dominates th e overall Thermoplatic Marking Paint Market with maximum share owing t o its widespread use all over th e world .
Product Definition:
A thermoplastic marking paint is a type of paint that becomes soft and malleable when heated, making it ideal for use in marking and labeling objects. Thermoplastic paints are typically used in industrial settings to mark or label products, equipment, or packaging. They are also sometimes used on roads and highways to mark lane lines or other areas.
Polyurethane Base Material:
Polyurethane (PU) is a thermosetting polymer, which means it does not melt and flow like other thermoplastics but rather sets or cross-links into a solid. It is produced by the catalytic reaction of an organic compound with urea resins. Polyurethane products are used in numerous end-use industries such as automotive, construction, furniture & interiors and electrical & electronics owing to its superior properties such as durability coupled with energy absorption capacity.
Epoxy Base Material:
Epoxy base material is a thermosetting resin that contains an epoxide group. Epoxies are used in thermoplastic marking paints for lettering and logos on various products such as containers, automobiles, building & construction materials and sports equipment. Thermoplastic marking paints are used to decorate metal or plastic containers with graphics that can be either permanent or removable. These markings show through the clear packaging of the product without affecting its appearance while in storage or transit.
Application Insights:
The others application segment accounted for the largest revenue share in 2017 and is anticipated to witness significant growth over the forecast period. Other applications include industrial marking, consumer goods, medical equipment & devices, and automotive parts. The growing demand for thermoplastic marking paints from various industries including automotive & transportation is expected to drive the overall market growth over the coming years.
Automotive parts are among one of the major applications of these paints as they can be used on various substrates such as metals, plastics and glass without leaving any stains or marks behind. They are also used in a variety of colors that can be mixed or matched to form desired hues depending upon specific aesthetic requirements needed by end-users across different industry verticals.
Regional Analysis:
The market in North America is expected to witness significant growth over the forecast period owing to increasing infrastructure activities and growing automotive industry. The region accounted for a volume share of 22.1% in 2017, which can be attributed to the high demand from parking lot and road marking applications. Moreover, presence of major players such as PPG Industries Inc.; Sherwin-Williams Co; BASF SE; AkzoNobel N.V.; and Henkel AG & Co.
Growth Factors:
- Increasing demand for thermoplastic marking paint from automotive and aerospace industries due to its properties such as high resistance to heat and chemicals.
- Rising demand for thermoplastic marking paint in packaging and labeling applications due to its excellent adhesion properties.
- Growing popularity of 3D printing technology which is used for rapid prototyping and manufacturing of customized products, is expected to boost the demand for thermoplastic marking paints in the near future.
- Increasing awareness about benefits of using thermoplastic markings paints among consumers, especially in industrial applications, is projected to fuel the growth of this market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermoplastic Marking Paint Market Research Report
By Type
Polyurethane Base Material, Epoxy Base Material, Chlorinated Rubber Base Material, Other
By Application
Roads & Streets, Parking Lot, Airport, Others
By Companies
M, Sherwin-Williams, Swarco AG, Nippon Paint, Ennis Flint, Hempel, Geveko Markings, PPG Industries, Asian Paints PPG, SealMaster, M, LANINO, TATU
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
229
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Thermoplastic Marking Paint Market Report Segments:
The global Thermoplastic Marking Paint market is segmented on the basis of:
Types
Polyurethane Base Material, Epoxy Base Material, Chlorinated Rubber Base Material, Other
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
Roads & Streets, Parking Lot, Airport, Others
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:
- M
- Sherwin-Williams
- Swarco AG
- Nippon Paint
- Ennis Flint
- Hempel
- Geveko Markings
- PPG Industries
- Asian Paints PPG
- SealMaster
- M
- LANINO
- TATU
Highlights of The Thermoplastic Marking 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:
- Polyurethane Base Material
- Epoxy Base Material
- Chlorinated Rubber Base Material
- Other
- By Application:
- Roads & Streets
- Parking Lot
- Airport
- Others
- 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 Thermoplastic Marking 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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- Consumer Insights
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- 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?
Thermoplastic marking paint is a type of paint that can be heated and then molded to create specific markings on various surfaces. This type of paint is often used in manufacturing plants and other industrial settings, as it can be easily applied and removed without damaging the surface.
Some of the major companies in the thermoplastic marking paint market are M, Sherwin-Williams, Swarco AG, Nippon Paint, Ennis Flint, Hempel, Geveko Markings, PPG Industries, Asian Paints PPG, SealMaster, M, LANINO, TATU.
The thermoplastic marking 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 Thermoplastic Marking 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 Thermoplastic Marking Paint Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Thermoplastic Marking 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 Thermoplastic Marking 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 Thermoplastic Marking Paint Market Size & Forecast, 2020-2028
4.5.1 Thermoplastic Marking Paint Market Size and Y-o-Y Growth
4.5.2 Thermoplastic Marking Paint 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 Polyurethane Base Material
5.2.2 Epoxy Base Material
5.2.3 Chlorinated Rubber Base Material
5.2.4 Other
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 Roads & Streets
6.2.2 Parking Lot
6.2.3 Airport
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Thermoplastic Marking 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 Thermoplastic Marking 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 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 Polyurethane Base Material
9.6.2 Epoxy Base Material
9.6.3 Chlorinated Rubber Base Material
9.6.4 Other
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 Roads & Streets
9.10.2 Parking Lot
9.10.3 Airport
9.10.4 Others
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 Polyurethane Base Material
10.6.2 Epoxy Base Material
10.6.3 Chlorinated Rubber Base Material
10.6.4 Other
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 Roads & Streets
10.10.2 Parking Lot
10.10.3 Airport
10.10.4 Others
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 Polyurethane Base Material
11.6.2 Epoxy Base Material
11.6.3 Chlorinated Rubber Base Material
11.6.4 Other
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 Roads & Streets
11.10.2 Parking Lot
11.10.3 Airport
11.10.4 Others
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 Polyurethane Base Material
12.6.2 Epoxy Base Material
12.6.3 Chlorinated Rubber Base Material
12.6.4 Other
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 Roads & Streets
12.10.2 Parking Lot
12.10.3 Airport
12.10.4 Others
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 Polyurethane Base Material
13.6.2 Epoxy Base Material
13.6.3 Chlorinated Rubber Base Material
13.6.4 Other
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 Roads & Streets
13.10.2 Parking Lot
13.10.3 Airport
13.10.4 Others
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 Thermoplastic Marking Paint Market: Competitive Dashboard
14.2 Global Thermoplastic Marking Paint Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 M
14.3.2 Sherwin-Williams
14.3.3 Swarco AG
14.3.4 Nippon Paint
14.3.5 Ennis Flint
14.3.6 Hempel
14.3.7 Geveko Markings
14.3.8 PPG Industries
14.3.9 Asian Paints PPG
14.3.10 SealMaster
14.3.11 M
14.3.12 LANINO
14.3.13 TATU
