Road marking materials can be referred to utilize on the roadways and pathways to communicate and guidance information to drivers and pedestrians. Uniformity in the markings is standardized to prevent driveway confusion and improve the road safety. Additionally, the technological advancements like marking longevity, retro reflectivity and low installation expense are implemented to improve the scope of market potential for road marking materials. Major factors that are expected to boost the growth of the road marking materials market in the forecast period are the rise in the expenditure on the safer roads. Furthermore, the current infrastructure and the roadway projects in the advancing countries is further anticipated to propel the growth of the road marking materials market. Moreover, the safer roads positively influence the GDP which is further estimated to cushion the growth of the road marking materials market. On the other hand, the cautious approach of road contractors is further projected to impede the growth of the road marking materials market in the timeline period.
https://finance.yahoo.com/news/road-marking-materials-market-hit-104000608.html
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