Traffic Road Marking Coatings Market To Grow, Due To Increasing Investments In Intelligent Street Marking Systems And Demand For Road Repainting
Traffic Road Marking Coatings Industry Overview The global traffic road marking coatings market size is likely to reach USD 8.27 billion by 2030 at a CAGR of 6.0%, according to a new report by Grand View Research, Inc. Technological advancement is an important factor in the market growth as countries are becoming more concerned about public health and safety. Growing environmental concerns are driving the need for greener products in a bid to promote a healthy environment. Traffic Road Marking Coatings Market Segmentation Grand View Research has segmented the global traffic road marking coatings market report based on product, type, application, and region: Based on the Product Insights, the market is segmented into paint, thermoplastic, preformed polymer tape and epoxy Thermoplastic coating is projected to emerge as the fastest-growing product segment and is estimated to accumulate 23.3% of market revenue share during the forecast period. Convent...