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The road marking materials market is projected to grow from USD 6.1 billion in 2020 to USD 7.5 billion by 2025, at a CAGR of 4.4% from 2020 to 2025 - Press Release

| Press Release
The road marking materials market is projected to grow from USD 6.1 billion in 2020 to USD 7.5 billion by 2025, at a CAGR of 4.4% from 2020 to 2025
New York, Dec. 21, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Road Marking Materials Market by Type, Application And Region - Global Forecast to 2025" - https://www.reportlinker.com/p03752575/?utm_source=GNW
Performance-based type of road marking material is projected to grow with the highest CAGR during the forecast period of 2020-2025.Thermoplastics and cold plastics are the subtypes of performance-based markings.
Thermoplastics are one of the most commonly used surface marking materials owing to their increased durability, lack of VOC components, and excellent reflection properties at day as well as night and in wet conditions.Also, cold plastics are employed used when an extended life of road markings is required.

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Road Marking Materials Market worth $7.5 Billion by 2025 - Exclusive Report by MarketsandMarkets™

By type, the paint-based markings segment is estimated to dominate the global road marking materials market
By type, the paint-based markings segment of the road marking materials market is estimated to dominate the global road marking materials market due to their cost-effectiveness and efficient performance. These markings generate high demand due to their retro-reflective glass beads and are generally used to denote travel lanes or mark parking spaces. These factors are expected to drive the road marking materials growth in the type segment.
By application, airport markings segment is estimated to be the fastest-growing segment of road marking materials market from 2020 to 2025.

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