Press Release

Asia-Pacific Traffic Marking Paints Market is Expected to exhibit a CAGR of 4.87% between 2017 and 2025

Date : Aug 21, 2018

New report published by Global QYResearch which offers insights on the Asia-Pacific Traffic Marking Paints market. The Asia-Pacific Traffic Marking Paints market sales value was 965.1 Mn USD in 2017, and it is projected to reach 1,412.2 Mn USD in 2025, with a CAGR (Compounded Annual Growth Rate) of 4.87 % from 2017 to 2025.

This report studies the Traffic Marking Paints market status and outlook of Asia-Pacific and major regions, from angles of players, regions, product types and end industries; this report analyses the top players in Asia-Pacific and major regions, and splits the Traffic Marking Paints market by product type and applications/end industries.

Asia-Pacific Traffic Marking Paints Market: Market Driver and Restraint

·      The increasing Infrastructure construction in the Asia-Pacific and the demand of high quality and efficiency of transportation products.

·      The Increasing awareness of traffic safety also promote the development of the Traffic Marking Paints market.

Asia-Pacific Traffic Marking Paints Market: Forecast by Type

On the basis of product, market is primarily split into –Thermoplastic Marking Paint, Waterbased Marking Paint, Solvent Based Marking Paint, Two-Component Road Marking Paint and Others. Thermoplastic Marking Paint is dominated type with a CAGR of 7.51% in the forecast period from 2017 to 2025.

Asia-Pacific Traffic Marking Paints Market: Forecast by Application

Application segment consists of Roads & Streets, Parking Lot, Airport and Other. Roads & Streets is the dominated application with a market share of above 80% in 2017.

Asia-Pacific Traffic Marking Paints Market: Forecast by Region

Geographically, this report is segmented into several key Regions, with revenue, market share and growth rate of Traffic Marking Paints in these regions, from 2013 to 2025 (forecast), covering –China, Japan, South Korea, India, Australia, Southeast Asia and Others. China is the largest region is expected to expand at a robust rate of 5.81% in terms of revenue over the forecast period.

Asia-Pacific Traffic Marking Paints Market: Key Players

TATU, Nippon Paint , KICTEC, Zhejiang Brother, 3M, Asian Paints PPG, Sherwin-Williams, Swarco AG, DAE HWA PAINT MFG, Hempel, Ennis Flint, Luteng Tuliao, Zhejiang Yuanguang, Rainbow Brand, NOROO Paint & Coatings, Automark are the key vendors included in this report. The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.

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