Coating & Laminating Road marking coating market surges


According to a new research published by Polaris Market Research the worldwide traffic road marking coating market is anticipated to reach around USD 6,781 million by 2026


concerns regarding road safety coupled with increasing need to efficiently control and management road traffic supports the market growth. A significant increase in the number of road accidents has been registered, which encourages governments to improve the road infrastructure. There has been an increasing construction of roads, especially in the developing regions of Asia-


T


he rapid increase in traffic congestion across the globe majorly drives the growth of this market. Growing


Pacific and Latin America, which further augments the growth of this market. Introduction of organic road marking coatings along with increasing awareness regarding the use of environment friendly marking materials would provide growth opportunities for traffic road marking coating market in the coming years. Asia-pacific is expected to grow at the highest CAGR during the forecast period. There has been increase in construction of roadways in the developing countries of


Asia-Pacific. The increasing need to improve infrastructure is increasing the demand of traffic road marking coating in the region. Governments in the region are increasingly investing in the development of roadway infrastructure, augmenting the market growth. Growing concerns regarding road accidents, and rising need to control them further promotes the growth of this market. Leading global players are expanding their presence in developing nations of China, Japan, India, Indonesia, and Malaysia to tap the growth opportunities offered by these countries. The various types of traffic road marking coatings include thermoplastic, paint, preformed polymer tape, and others. The paint segment is expected to lead the market during the forecast period owing to its increasing demand from the developing regions. Use of paint is generally preferred owing to its easy availability and ability to dry at a faster rate. Thermoplastic is expected to grow at the highest CAGR during the forecast period. The well-known companies profiled in


the report include Vertex Group, Geveko Markings, Dow Chemical Company, Asian Paints PPG Pvt. Ltd., Lanino Road Marking Products, Kataline Infraproducts Pvt. Ltd., Ozark Materials, LLC, Kestrel Thermoplastics Ltd., Crown Technology LLC, and WJ Products Ltd. among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.


polarismarketresearch.com


Components attractive to the spraying and powder coating industry


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he Elesa ESD (electro-static discharge) range of standard components are especially attractive


to the spraying and powder coating industry, by virtue of their lack of electro- static build-up, which ensures that they remain free of powder accumulation. Since its inception in the 1960s,


electro-static powder coating has become the pre-eminent and widely prefaced industrial coating system for the wide majority of protective situations. Elesa’s high-performing ESD bridge handles, fluted grip knobs, and levelling feet all provide an electro-static discharge function; ensuring they can be readily used for extended periods in an environment where dust/powder is


12 May 2020


problem, certifying extended use. Not only do Elesa manufacture their ESD range themselves, they make their own tooling and moulds as well, and have a continuous materials testing program with major suppliers from various industries. This ensures they are able to maintain the highest quality standards from concept to production and onward, through their own global stock/ supply chain, supported by experienced in- country technical sales teams. High-performing lines like these ESD


present by definition, and could easily lead to equipment becoming unusable. ESD components simply side-step the


products support specialist industries with online, telephone and personal onsite contact where needed.


elesa.com convertermag.com


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