Road Marking Paints & Coatings Market Size, Share, Demand & Trends by 2032
The global Road Marking Paints and Coatings Market is projected to be valued at US$ 11.6 billion by 2032, rising from US$ 8.1 billion in 2022. The target market is set to expand at a sluggish CAGR of 3.5% from 2022 to 2032. Valued at US$ 7.2 billion in 2021, the road marking paints and coating market will present steady growth for the forecast period of 2022 to 2032 owing to surging awareness of road safety measures among the common population, implementation of strict regulations by governments across the world, and increasing road connectivity. In recent years, road connectivity across remote areas has witnessed an exceptional surge. As a result, governments all over the globe are increasingly investing in developing public infrastructures which is expected to spearhead the demand for #roadmarkingpaintsandcoating market in the upcoming years. Further, the growing population has led to an upsurge in the sales of vehicles which, in turn, spurs the demand for road mark...