23-Mar-2020 | Facts and Factors
Findings from Facts and Factors report “Europe Road Marking Market By Type (Performance-Based Markings (Cold Plastics and Thermoplastics (Alkyd Resins, Hydrocarbon Resins, Acrylic Resins, and Others)) and Paint-Based Markings (Polyurethane-based, Epoxy, Solvent-based, and Water-based)), and By Application (Parking Lot Marking, Road & Highway Marking, Factory Marking, Airport Marking, Antiskid Marking, Hazardous Location Markings, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the demand for Europe Road Marking market in 2019 was approximately USD 3,710 million. The market is expected to grow at a CAGR of 5% and is anticipated to reach around USD 3,800 million by 2026.
Road surface marking is material that is utilized on a road surface to transfer official information. They can also be applied in other facilities utilized by vehicles to mark designate areas or parking spaces for other uses. Types of road marking include paint-based markings as well as performance-based markings. Application of road marking involves parking lot marking, factory marking, antiskid marking, road & highway marking, hazardous location markings, and airport parking.
Browse the full “Europe Road Marking Market By Type (Performance-Based Markings (Cold Plastics and Thermoplastics (Alkyd Resins, Hydrocarbon Resins, Acrylic Resins, and Others)) and Paint-Based Markings (Polyurethane-based, Epoxy, Solvent-based, and Water-based)), and By Application (Parking Lot Marking, Road & Highway Marking, Factory Marking, Airport Marking, Antiskid Marking, Hazardous Location Markings, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" report at https://www.fnfresearch.com/europe-road-marking-market-by-type-performance-based-876
The rising need to prevent accidents is driving the target market growth as having clear car park markings avoid accidents. In addition, road markings indicate where individuals can park their vehicles. This has augmented the target market growth as well. Furthermore, road marking shows pedestrians where they can cross safely. This has boosted the target market as well. Moreover, these markings warn and inform individuals regarding approaching situations that will require them to take some form of action. This has been majorly fueling the target market as well. Additionally, road markings transfer information to individuals likes no other traffic control device.
These markings provide information to individuals related to the roadway alignment, important driving-related tasks, as well as vehicle positioning. Also, road markings are easily installed without special equipment. This has been developing the target market growth. However, factors such as not suitable for old roads in poor conditions as well as high initial costs are expected to hamper the target market growth over the forecast period. Nevertheless, several innovations associated with road marking such as pavement tapes are expected to create growth opportunities over the forecast period.
In terms of type, the target market is categorized as paint-based markings as well as performance-based markings. Among these, paint-based markings, in which solvent-based markings are the leading one as these markings are widely used in Europe in most of the areas.
In terms of application, the target market is categorized as parking lot marking, factory marking, antiskid marking, road & highway marking, hazardous location markings, airport marking, and others. Among these, road & highway marking is the dominating one owing to road marking are hugely utilized on roads & highways.
In terms of country, the target market is segmented as Germany, the UK, France, Italy, Spain, Russia, Denmark, Finland, Iceland, Sweden, Norway, Belgium, The Netherlands, Luxembourg, and Rest of Europe. Among these countries, France and Russia are anticipated to be the leading countries over the forecast period. The huge development of roads and highways, as well as seriousness towards road markings, has surged the target market growth in France as well as Russia.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 3,710 Million |
Projected Market Size in 2026 |
USD 3,800 Million |
CAGR Growth Rate |
5% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
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, and Others |
Key Segment |
By Type, Application, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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Some of the key players operating in the target market
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, and others.
This report segments the Europe Road Marking market 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
- Road & Highway Marking
- Factory Marking
- Airport Marking
- Antiskid Marking
- Hazardous Location Markings
- Others
By Regional Segmentation Analysis
- North America
- 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
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