QYR Market Research Global Road Marking Paint market research | Page 3

QYResearch
• Traffic Marking Paint is a kind of paint used to paint road mark. Paint, sometimes
with additives such as retroreflective glass beads, is generally used to mark travel
lanes. It is also used to mark spaces in parking lots or special purpose spaces for
disabled parking, loading zones, or time-restricted parking areas. Colors for these
applications vary by locality.
• The global Road Marking Paint revenue was $ 2697.20 million in 2016 and is
expected to reach $ 3439.19 million in 2022, growing at a CAGR of 4.13% from
2016 to 2022. Currently, North America, Europe, China and Asia-Pacific (Except
China) are the largest market of road marking paint. But as the market growth
rate in developing is much faster than the speed in developed countries. China is
expected to maintain fast growth in the next five years owing to the increased
spending for safer roads and the growth of downstream applications.
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