Market Overview:
The global two-component road marking paints 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 two-component road marking paints from the transportation sector. Based on type, the acrylic resin segment is expected to account for a major share of the global two-component road marking paints market during the forecast period. This can be attributed to its properties such as high weather resistance and durability. Based on application, roads and streets are expected to account for a major share of the global two-component road marking paints market during the forecast period. This can be attributed to increasing investments in transportation infrastructure across regions.
Product Definition:
A two-component road marking paint system is a type of pavement marking that uses two components to form the markings: a carrier and a pigment. The carrier is usually an oil or water-based vehicle, and the pigment can be either organic (carbon-based) or inorganic (metal-based). Two component systems are important because they produce markings that are more durable and brighter than those made with single component paints.
Acrylic Resin:
Acrylic resin is a type of synthetic organic polymer, manufactured by the polymerization process of ethyl acrylate. It has high molecular weight and low viscosity.
Alkyd Resin:
Alkyd resin is a two component road marking paint which consists of an alkyd binder and pigment. The product has high durability, low odor, and viscosity. It also offers resistance to water, oil & grease and has excellent abrasion & solvent resistance properties.
Application Insights:
Roads and streets application segment accounted for the largest share in 2016. This is due to the growing need for road marking paints that provide long-term stability, durability, and resistance to traffic abrasion on roads & streets. The product demand in this application segment is expected to grow at a CAGR of XX% from 2017 to 2030 owing to rising government investments in infrastructure development coupled with increasing consumer spending on automobiles will drive the growth of roads & street applications over other applications such as parking lot or airport which are secondary users of two component road marking paints worldwide.
The others application segment includes industrial facilities, airports, railway reservation stations/departure halls/platforms, marine facilities (ports), railways (train Stations), transitways (LRT/busway) and highways where these products are used for indicating purposes such as warning pedestrians not to walk on certain parts of the path or walkway or indicate warning signs etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of emerging economies such as China, India, and Japan has resulted in an increased demand for construction materials including paints & coatings. This scenario is likely to drive product demand over the next eight years.
The growing infrastructure development coupled with increasing road marking activities in Europe is anticipated to fuel industry growth during the forecast period. In addition, favorable regulations aimed at reducing greenhouse gas emissions are projected to boost product consumption across this region. For instance, according to a European Commission Report published on 11th December 2015 titledâ€Roads: A key instrument for climate change actionâ€the sector has a role towards achieving emission reductions targets set out under UNFCCC Article 2bis (i) and (ii).
Growth Factors:
- Increasing demand for two-component road marking paints from the automotive and transportation sector due to their superior properties such as high durability, weather resistance, and low maintenance cost.
- Rising awareness about the benefits of two-component road marking paints among end users is expected to fuel the market growth in the coming years.
- Growing investments by governments across different countries for infrastructure development is projected to create lucrative opportunities for the market players in Two-Component Road Marking Paints market during forecast period.
- Technological advancements in manufacturing process of two-component road marking paints is anticipated to propel the growth of this market over next few years. 5 Emerging economies are expected to offer significant growth opportunities for Two Component Road Marking Paints manufacturers owing to increasing spending on infrastructure development projects
Scope Of The Report
Report Attributes
Report Details
Report Title
Two-Component Road Marking Paints Market Research Report
By Type
Acrylic Resin, Alkyd Resin, Polyester Resin, Other
By Application
Roads and Streets, Parking Lot, Airport, Others
By Companies
3M, Swarco, Hempel, LANINO, Roadsky
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Two-Component Road Marking Paints Market Report Segments:
The global Two-Component Road Marking Paints market is segmented on the basis of:
Types
Acrylic Resin, Alkyd Resin, Polyester Resin, 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 and 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:
- 3M
- Swarco
- Hempel
- LANINO
- Roadsky
Highlights of The Two-Component Road Marking Paints 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:
- Acrylic Resin
- Alkyd Resin
- Polyester Resin
- Other
- By Application:
- Roads and 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 Two-Component Road Marking Paints 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?
Two-component road marking paints are a type of paint that contain two different types of pigments. The first pigment is used to create the base color, and the second pigment is used to create the highlights or details in the paint.
Some of the major players in the two-component road marking paints market are 3M, Swarco, Hempel, LANINO, Roadsky.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Two-Component Road Marking Paints Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Two-Component Road Marking Paints Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Two-Component Road Marking Paints Market - Supply Chain
4.5. Global Two-Component Road Marking Paints Market Forecast
4.5.1. Two-Component Road Marking Paints Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Two-Component Road Marking Paints Market Size (000 Units) and Y-o-Y Growth
4.5.3. Two-Component Road Marking Paints Market Absolute $ Opportunity
5. Global Two-Component Road Marking Paints Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Two-Component Road Marking Paints Market Size and Volume Forecast by Type
5.3.1. Acrylic Resin
5.3.2. Alkyd Resin
5.3.3. Polyester Resin
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Two-Component Road Marking Paints Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Two-Component Road Marking Paints Market Size and Volume Forecast by Application
6.3.1. Roads and Streets
6.3.2. Parking Lot
6.3.3. Airport
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Two-Component Road Marking Paints Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Two-Component Road Marking Paints Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Two-Component Road Marking Paints Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Two-Component Road Marking Paints Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Two-Component Road Marking Paints Demand Share Forecast, 2019-2026
9. North America Two-Component Road Marking Paints Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Two-Component Road Marking Paints Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Two-Component Road Marking Paints Market Size and Volume Forecast by Application
9.4.1. Roads and Streets
9.4.2. Parking Lot
9.4.3. Airport
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Two-Component Road Marking Paints Market Size and Volume Forecast by Type
9.7.1. Acrylic Resin
9.7.2. Alkyd Resin
9.7.3. Polyester Resin
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Two-Component Road Marking Paints Demand Share Forecast, 2019-2026
10. Latin America Two-Component Road Marking Paints Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Two-Component Road Marking Paints Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Two-Component Road Marking Paints Market Size and Volume Forecast by Application
10.4.1. Roads and Streets
10.4.2. Parking Lot
10.4.3. Airport
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Two-Component Road Marking Paints Market Size and Volume Forecast by Type
10.7.1. Acrylic Resin
10.7.2. Alkyd Resin
10.7.3. Polyester Resin
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Two-Component Road Marking Paints Demand Share Forecast, 2019-2026
11. Europe Two-Component Road Marking Paints Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Two-Component Road Marking Paints Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Two-Component Road Marking Paints Market Size and Volume Forecast by Application
11.4.1. Roads and Streets
11.4.2. Parking Lot
11.4.3. Airport
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Two-Component Road Marking Paints Market Size and Volume Forecast by Type
11.7.1.Acrylic Resin
11.7.2. Alkyd Resin
11.7.3. Polyester Resin
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Two-Component Road Marking Paints Demand Share, 2019-2026
12. Asia Pacific Two-Component Road Marking Paints Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Two-Component Road Marking Paints Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Two-Component Road Marking Paints Market Size and Volume Forecast by Application
12.4.1. Roads and Streets
12.4.2. Parking Lot
12.4.3. Airport
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Two-Component Road Marking Paints Market Size and Volume Forecast by Type
12.7.1. Acrylic Resin
12.7.2. Alkyd Resin
12.7.3. Polyester Resin
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Two-Component Road Marking Paints Demand Share, 2019-2026
13. Middle East & Africa Two-Component Road Marking Paints Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Two-Component Road Marking Paints Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Two-Component Road Marking Paints Market Size and Volume Forecast by Application
13.4.1. Roads and Streets
13.4.2. Parking Lot
13.4.3. Airport
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Two-Component Road Marking Paints Market Size and Volume Forecast by Type
13.7.1. Acrylic Resin
13.7.2. Alkyd Resin
13.7.3. Polyester Resin
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Two-Component Road Marking Paints Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Two-Component Road Marking Paints Market: Market Share Analysis
14.2. Two-Component Road Marking Paints Distributors and Customers
14.3. Two-Component Road Marking Paints Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. 3M
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Swarco
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hempel
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. LANINO
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Roadsky
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
