The marking paint industry is experiencing steady growth, driven by increasing road construction, rising vehicle sales, and government investments in transportation infrastructure. The global road marking paints and coatings market is projected to reach approximately $15.88 billion by 2037, growing at a 6.8% CAGR from 2025 to 2037.
Key Trends:
- Asia-Pacific is the largest market, with China and India leading due to their vast road networks and infrastructure projects.
- Innovations in eco-friendly paints, such as water-based acrylic marking paints with low volatile organic compounds (VOCs), are gaining popularity.
- Major industry players include Sherwin-Williams, PPG Industries, Dow Chemical, Nippon Paint, and Geveko Markings.
- New technologies like Dow’s DURATRACK 2K Technology offer enhanced adhesion and durability, especially for green bike lanes.
Would you like information on a specific aspect of the marking paint industry, such as manufacturers or emerging technologies?
Just let me know if there is any more question. 🙂