DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Road Marking Materials Market - Global Forecast to 2020" report to their offering.
The global road marking materials market is projected to reach USD 5.87 billion by 2020, registering a CAGR of 5.5% from 2015 to 2020.
The market for road marking materials is directly proportional to the infrastructure development. Asia-Pacific captures the largest share of the global road marking materials market owing to the growing infrastructure activities in China, India, South Korea, and other Asia-Pacific countries. Increasing investments by foreign companies and rise in the standard of living are other major factors for the growth of the road marking materials market.
Airport marking is projected to be the fastest-growing application of the road marking materials market, both in terms of value and volume, during the period of the study. Airport markings include marking lines and rubber removal services on runways and taxiways in large and small airports (both commercial and privately owned). Thermoplastics, cold plastics, polyurethane, and epoxy-based paints are commonly used for airport marking application.
Asia-Pacific is estimated to be the fastest-growing market for the road marking materials market. The growth of the market in the region is attributed to expansion of production capacity and rapid industrialization. Also, easy availability of raw materials and cheap labor drives the road marking materials market in the region.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Road Marking Materials Market, By Type
8 Road Marking Materials Market, By Application
9 Regional Analysis
10 Competitive Landscape
11 Company Profiles
- Automark Technologies (India) Private Ltd.
- Aximum SA
- Crown Technologies, LLC
- Geveko Markings
- Kelly Bros Erinline
- Ozark Materials, LLC
- Reda National Co.
- Swarco Limburger Lackfabrik GmbH
The Sherwin-Williams Company
For more information visit http://www.researchandmarkets.com/research/256j87/road_marking