Road & highway markings are estimated to lead the road marking materials market
The road marking materials market is projected to grow from USD 6.1 billion in 2020 to USD 7.5 billion by 2025, at a CAGR of 4.4% from 2020 to 2025. The major reasons for the growth of the road marking materials market include increased spending on safer roads, and new infrastructure and roadway projects in emerging economies. These factors are responsible for driving the demand for road marking materials...
Increasing demand for traffic safety and new infrastructure & roadway to drive the Road Marking Materials Market
The Road Marking Materials Market size in 2018 was estimated to be USD 6.8 billion and is projected to reach USD 8.8 billion by 2023, at a CAGR of 5.2%. The road marking materials market is driven by the demanding and dynamic applications in road & highway marking, airport marking, and antiskid marking, among others.
The global road marking materials market is expected to be driven...