THE ROAD MARKING MATERIALS MARKET SIZE IS PROJECTED TO GROW

UniMark    21-Feb-2022
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The road marking materials market size is projected to grow from USD 6.81 billion in 2018 to USD 8.79 billion by 2023, at a CAGR of 5.2%. The global road marking materials market is expected to be driven by various factors, such as increased spending for safer roads and new infrastructure and roadway projects in emerging economies. With the increased use of road markings in lane departure warning systems (LDWS) and autonomous vehicles, the road marking materials market is expected to grow rapidly in the near future.