The rise of Quality and Durable Road Marking Paint

The rise of Quality and Durable Road Marking Paint

In the last couple of years, as the development of National Highways is on the rise the demand for quality and durable road marking paints is also increasing simultaneously. In fact, if we carefully try to study the market and usage of road marking paints, then clearly now these marking paints are widely used on highwaysroads, loading zones, and parking spaces. Road marking paints are now playing a key and active role in ensuring smooth, safe, and harmonious flow of traffic.

If we talk about the conventional paint then because of its fast curing property it clearly proves suitable when one require markings on private areas and public streets. Also, they are now available indifferent colors. Thermoplastic marking paint is more ideal in condition when you need to use it as a thick built up layer for creating rumble strips. These days, one can view its broad application on highways due to high visibility. It is also employed in particular shapes, forms, and letters representing a precise function on the street.

If we talk about Indian climatic conditions, then here in most of the states, highways, or roads are continuously exposed to extreme weather and high impacts conditions. Consistently, there is a high requirement for maintenance of the traffic marking lines and sign labeling. This increase in repair & maintenance operations has been the key driving factors for the market growth in India and across the world.

According to CG/LA Infrastructure, there has been a sharp increase in the investment in infrastructure projects in Latin American countries. Having said that, it is estimated that by 2018, this investment will increase by 250% to reach $250 billion or more annually. Moreover, as per the Asian Development Bank, Asia is projected to spend $8$9 trillion in infrastructure development in coming years, which is expected to improve the infrastructure happenings in many countries, especially in India, China, and others. Thus, this increase in variousinfrastructure doings in Asia-Pacific is anticipated to fuel the growth of the traffic marking paints market.

Increase in investment in smartroad marking systems to advancethe safety on theroad is opening new opportunities for many market players.Different reports submitted by market leaders on the global traffic or road marking paints market had entirely focused on geography and product. Talking about the categories as per the product, it has been segmented into paint, thermoplastic, and epoxy. And as per the basis of application, the market has been categorized into road marking labels and road marking lines.

Today the rise of quality and durable road marking paint is witnessing a wide variety of coating materials that are used for road markings like thermoplastic, paints, and others.Moreover, an interesting point to note is that the global traffic road marking paint market report has also been segmented on the center ofapplication and type. Adding to that, byclass, this global traffic road marking painting market can be further classified into performance-based marking and paint-based marking.

• The paint-based marking section further subclassifiedinto water-based paints, solvent-based paints, and polyurethane-based paints.
• The performance-based marking section further categorized into thermoplastics and cold plastics.

Moreover, today the road marking segment is estimated to account for a significant share of the global traffic road marking paint owing to properties such as easy-to-apply, and non-toxic, along with an added protective layer.