The road marking paint industry has good development prospects and integration will be the mainstream trend in future development.

Road markings, also known as traffic markings, refer to the signs on the road surface that use lines, arrows, text, facade markings, raised road signs and outline signs to convey guidance, restrictions, warnings and other traffic information to traffic participants. Among the many road marking materials, paint is recognized as the most promising type of marking material due to its strong coating characteristics.

According to the “China Road Marking Paint Industry Market Monitoring and Future Development Prospects Research Report 2023-2027” released by the Industrial Research Center It shows that there are various types of road marking paints. According to different materials, they can be divided into hot melt road marking paints, solvent-based road marking paints, water-based road marking paints, two-component road marking paints, etc.; according to the anti-skid Depending on the performance, it can be divided into ordinary anti-skid, medium anti-skid and high anti-skid road marking paints; according to different drying speeds, it can be divided into slow-drying and fast-drying road marking paints.

Road marking paint is mainly used for marking coating and maintenance scenarios such as highway mesh lines, edge lines, underground parking lot floor markings, lane dividing lines, etc. As the mileage of domestic highway construction continues to increase, the market demand for road marking coatings continues to increase. According to data from the Ministry of Transport, as of the end of 2022, my country’s highway mileage will be 5.35 million kilometers, including 177,000 kilometers of expressways. In the future, as the mileage of domestic highways continues to increase and investment in road repair and maintenance continues to increase, the market size of road marking coatings is expected to continue to expand.

As the development prospects of the road marking paint market continue to highlight, the number of domestic companies deploying in this market continues to increase. Up to now, there are thousands of companies in my country that have deployed in the road marking paint market. Domestic road marking paint companies mainly include Brothers Road Marking Paint, Tiantu Road Industry Group, Oulu Transportation Technology, Lumei Transportation Facilities, Maoxin Transportation Facilities, Huarui Transportation Facilities, Zhongtu Transportation Technology, etc. There are many companies, but Most of them are small and medium-sized enterprises, with low industry concentration and fierce market competition.

Industry analysis personnel said that in the future, against the background of increasingly fierce competition in the domestic road marking paint market, it has brand advantages, technological advantages, and R&D Advantageous companies will occupy more shares, the market will continue to move closer to leading companies, industry concentration is expected to continue to increase, and development trends will be positive. At the same time, integration will be the mainstream trend in the future development of my country’s road marking paint industry. Local companies will shift from the traditional business model based on the short-process “production-transportation” of a single product to the full-process “production-warehousing” of multiple products. The comprehensive service model focusing on “logistics-construction-maintenance” has been continuously upgraded. In the future, product quality and service integration will be the core factors in competition in the domestic road marking paint market, and the industry has huge room for growth.