Europe Road Marking Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

[173+ Pages Report] According to the report published by Facts Factors, the global europe road marking market size was worth around USD 3,710 million in 2019 and is predicted to grow to around USD 3,800 million by 2026 with a compound annual growth rate (CAGR) of roughly 5% between 2020 and 2026. The report analyzes the global europe road marking market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the europe road marking market.

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the Europe Road Marking industry. The report analyzes and declares the historical and current trends analysis of the Europe Road Markingindustry and subsequently recommends the projected trends anticipated to be observed in the Europe Road Marking market during the upcoming years.

The Europe Road Marking market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire Europe Road Marking market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (Kilo Tons) from FY 2016 – 2026.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Europe Road Markingindustry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Key Insights from Primary Research

• According to an interview with industry participants, rising need to prevent accidents as clear car park markings avoid accidents. This has been driving the target market growth
• Road marking shows pedestrians where they can cross safely. This has been augmenting the target market as well
• Target market generated revenue of around USD 2,569 Million in 2018
• Paint-based markings and road & highway marking of type and application were the major revenue-generating categories in 2018
• France and Russia were the leading countries in Europe in 2018

Key Recommendations from Analysts

• As per our analyst, several innovations associated with road marking such as pavement tapes is projected to create growth opportunities over the forecast period
• Target market is estimated to generate revenue of around USD 3,800 Million in 2026
• Paint-based markings and road & highway marking of type and application are expected to be the major revenue-generating categories in 2026
• France and Russia are anticipated to continue their dominance in Europe in 2026
• Target market is estimated to grow at CAGR  5% over the forecast period

Europe Road Market Share, by Type

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Europe Road Marking industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the Europe Road Marking market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Europe Road Marking industry. The Europe Road Marking market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the Europe Road Marking sector. Key strategic developments in the Europe Road Marking market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the Europe Road Marking market are appropriately highlighted in the report.

Increasing the need to stop accidents is augmenting the target market growth as car park markings help in avoiding accidents. Furthermore, road markings specify where individuals can park their vehicles. This has amplified the target market growth as well. Moreover, road marking displays pedestrians where they can cross safely. This has enhanced the target market as well. Additionally, these markings warn individuals regarding approaching situations that will necessitate them to take some form of action. This has been majorly developing the target market. Also, road markings transfer information to individuals related to vehicle positioning, roadway alignment, as well as other important driving-related tasks.

Road markings are easily installed without special equipment. This has been raising the target market growth. However, factors such as high initial costs are expected to hinder the target market growth over the forecast period. Nevertheless, several innovations in terms of road marking such as pavement tapes is likely to create growth opportunities over the forecast period.

The Europe Road Marking market research report delivers an acute valuation and taxonomy of the Europe Road Marking industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.

Report Scope

The regional segmentation of the Europe Road Marking industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the Europe Road Marking industry is provided for the leading economies of the world.

The Europe Road Marking market is segmented based on Type and Application.  On the basis of type segmentation, the market is classified into performance-based markings and paint-based markings. In terms of Application segmentation, the market is bifurcated into parking lot marking, factory marking, antiskid marking, road & highway marking, hazardous location markings, airport marking, and others.

Some of the essential players operating in the Europe Road Marking market, but not restricted to include

•  Ennis-Flint Inc.
•  The Sherwin-Williams Company
•  Ozark Materials LLC
•  Kelly Bros
•  Kestrel Thermoplastics Ltd.
•  Hitex International Group
•  SWARCO AG
•  Geveko Markings
•  SealMaster
•  3M
•  Helios Group
•  Borum A/S
•  Visever S.L
•  SAR
•  EKC Sverige AB

The taxonomy of the Europe Road Marking industry by its scope and segmentation is as follows:

By Type Segmentation Analysis

• Performance-Based Markings
  • Cold Plastics
  • Thermoplastics
    • Alkyd Resins
    • Hydrocarbon Resins
    • Acrylic Resins
    • Others
• Paint-Based Markings
  • Polyurethane-based
  • Epoxy
  • Solvent-based
  • Water-based

By Application Segmentation Analysis

• Parking Lot Marking
• Factory Marking
• Antiskid Marking
• Road & Highway Marking
• Hazardous Location Markings
• Airport Marking
• Others

By Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa