Road markings market set to grow

A new report from research group 3393 Frost & Sullivan suggests that the market In North America and Europe for road-markings, coatings and paints in transportation will grow to US$2.61 billion by 2020. The study is the Strategic Analysis of Road-marking and Traffic Paints and Coatings Market in North America and Europe. One key finding is that demand for water-based coatings is increasing in the US. Governments in the US and Europe are to launch initiatives to expand road infrastructure and develop durable materials with high skid resistance and good visibility. Materials that are sensitive to temperatures and moisture are expected to increase in importance.