Market Value & Growth Projections
Market Insights:
Global market valued at US$ 1,598 million in 2024
Expected to reach US$ 2,136 million by 2030
Compound Annual Growth Rate (CAGR) of 4.9%
Key Market Drivers:
Increasing infrastructure development and urbanization
Growing focus on road safety initiatives
Technological advancements in paint formulations
Expanding sports and recreation industry
Market Segmentation
By Type Water-Based Line Marking Paint
Solvent-Based Line Marking Paint
Thermoplastic Line Marking Paint Epoxy-Based Line Marking Paint
Polyurethane-Based Line Marking Paint
Pre-Formed Line Marking Tape
By Application
Roads
Parking Lots and Garages
Airports
Grounds
Sports and Recreational Fields
Schools and Playgrounds
