• "Asia-Pacific Health Screening Market Size, Share, and Trends Analysis Report—Industry Overview and Forecast to 2028

    The APAC Preventive Healthcare Market is witnessing significant growth, driven by evolving consumer demands, technological advancements, and expanding global trade. Leading market research companies indicate that the Medical Check-Up Market in APAC is expected to experience steady expansion in the coming years, fueled by increased investments and innovation. Businesses are increasingly relying on market insights to stay competitive in the APAC Diagnostic Screening Market, making data-driven decisions essential. With a growing focus on sustainability and efficiency, the Wellness Testing Market in APAC is adapting to new trends that reshape industry dynamics. Comprehensive reports from top research firms highlight the critical role of analytics and strategic planning in the Health Monitoring Services Market in APAC.

    The Asia-Pacific Health Screening Market is poised for significant growth, with a market outlook highlighting substantial growth potential driven by emerging opportunities in key sectors. This report provides strategic insights, demand dynamics, and revenue projections, offering a comprehensive view of the future landscape, technology disruptions, and adoption trends shaping the industry’s ecosystem evaluation. According to Data Bridge Market Research Data Bridge Market Research analyses that the market is growing with a CAGR of 13.6% in the forecast period of 2021 to 2028 and is expected to reach USD 109,704.00 million by 2028

    With increasing globalization and digital disruption, the Early Disease Detection Market in APAC is expanding across multiple industries, including [industry name]. Market research data indicates that businesses in the Comprehensive Medical Assessment Market in APAC are adopting sustainable practices and improving supply chain management to optimize operations. Companies operating in the Routine Medical Screening Market in APAC are investing heavily in R&D, strategic partnerships, and innovative solutions to cater to changing market needs. As competition intensifies, firms in the APAC Preventative Medicine Market rely on expert insights and market analysis to identify growth opportunities. The Health Examination Market in APAC continues to evolve, shaping new business strategies and industry trends worldwide.
    "Asia-Pacific Health Screening Market Size, Share, and Trends Analysis Report—Industry Overview and Forecast to 2028 The APAC Preventive Healthcare Market is witnessing significant growth, driven by evolving consumer demands, technological advancements, and expanding global trade. Leading market research companies indicate that the Medical Check-Up Market in APAC is expected to experience steady expansion in the coming years, fueled by increased investments and innovation. Businesses are increasingly relying on market insights to stay competitive in the APAC Diagnostic Screening Market, making data-driven decisions essential. With a growing focus on sustainability and efficiency, the Wellness Testing Market in APAC is adapting to new trends that reshape industry dynamics. Comprehensive reports from top research firms highlight the critical role of analytics and strategic planning in the Health Monitoring Services Market in APAC. The Asia-Pacific Health Screening Market is poised for significant growth, with a market outlook highlighting substantial growth potential driven by emerging opportunities in key sectors. This report provides strategic insights, demand dynamics, and revenue projections, offering a comprehensive view of the future landscape, technology disruptions, and adoption trends shaping the industry’s ecosystem evaluation. According to Data Bridge Market Research Data Bridge Market Research analyses that the market is growing with a CAGR of 13.6% in the forecast period of 2021 to 2028 and is expected to reach USD 109,704.00 million by 2028 With increasing globalization and digital disruption, the Early Disease Detection Market in APAC is expanding across multiple industries, including [industry name]. Market research data indicates that businesses in the Comprehensive Medical Assessment Market in APAC are adopting sustainable practices and improving supply chain management to optimize operations. Companies operating in the Routine Medical Screening Market in APAC are investing heavily in R&D, strategic partnerships, and innovative solutions to cater to changing market needs. As competition intensifies, firms in the APAC Preventative Medicine Market rely on expert insights and market analysis to identify growth opportunities. The Health Examination Market in APAC continues to evolve, shaping new business strategies and industry trends worldwide.
    Asia-Pacific Health Screening Market Report – Industry Trends and Forecast to 2028 | Data Bridge Market Research
    The Asia-Pacific Health Screening market was valued at USD 0.00 in 2023 and is expected to reach USD 0.00 by 2030, growing at a CAGR of 0% (2024-2030). Get insights on trends, segmentation, and key players with Data Bridge Market Research Reports.
    0 Comments 0 Shares 3K Views 0 Reviews
  • SUPPLY CHAIN TIMELINE: China’s Rise in Global Trade & Supply Chain Power.

    Year | Key Event | Impact
    1978 | Deng Xiaoping launches "Reform and Opening Up" | Shift from planned economy to market reforms; welcomes foreign investment.

    1980s | Special Economic Zones (e.g., Shenzhen) established | Factories explode in growth, becoming hubs for global export.

    1990s | Explosive growth in textiles, toys, electronics | Western companies begin outsourcing en masse to cut costs.

    2001 | Joined WTO (World Trade Organization) | China gets full access to global markets — boom in exports.

    2000s | "Factory of the World" status | Apple, Nike, Walmart and others shift most production to China.

    2010s | Moves up the value chain (tech, EVs, solar) | No longer just cheap goods — now high-tech industries flourish.

    2013 | Belt & Road Initiative (BRI) launched | Expands China’s trade routes via ports, railways, and pipelines.

    2018 | U.S.-China trade war begins | Tariffs reveal vulnerabilities in global overdependence on China.

    2020 | COVID-19 hits | Lockdowns in China freeze global supply chains. Wake-up call.

    2021–2024 | Push for “dual circulation” & self-reliance | China focuses on internal demand while still dominating exports.

    2024–2025 | U.S. and EU expand tariffs & decoupling efforts | Start of supply chain restructuring globally.

    SUPPLY CHAIN MAP: China’s Dominance by Industry:-
    Here’s how deep China is embedded in global supply chains:

    Batteries & EV Components-
    Control over 70–80% of global lithium-ion battery production.
    Dominates refining of critical minerals (cobalt, lithium, graphite).

    Solar Panels-
    Over 80% of global solar panel supply is Chinese.
    Controls polysilicon processing and solar cell manufacturing.

    Electronics & Consumer Tech-
    iPhones, laptops, and TVs are assembled or partially produced in China.
    Shenzhen = world capital of hardware production.

    Steel, Cement, Construction Materials-
    World’s largest producer of steel & cement.
    Heavily subsidized industries outcompete foreign competitors.

    Textiles & Apparel-
    Still one of the top 3 exporters of fabrics, clothing, and fast fashion components.

    Pharmaceuticals & Chemicals-
    Key supplier of Active Pharmaceutical Ingredients (APIs).
    Many generics and vitamins rely on China.

    Semiconductors (Assembly & Testing)
    Doesn’t lead in chip design, but dominates assembly, testing, and lower-end chip production.

    GLOBAL RESPONSES:- Who’s Doing What About China’s Dominance
    United States-
    CHIPS Act: $52B to boost U.S. semiconductor production.

    IRA (Inflation Reduction Act): Billions in clean energy & battery production.
    Tariffs & export bans: Restrictions on advanced chip exports to China.
    “Friendshoring”: Pushing allies to build supply chains in safer zones.

    India-
    “Make in India” campaign: Big incentives for electronics, chips, and auto.
    Attracting Apple, Samsung, and Foxconn for manufacturing shift.
    Strategic partnerships with U.S. for tech and defense supply chains.

    Vietnam-
    Becoming a major alternative in apparel, electronics.
    Samsung, Intel, and others now produce heavily there.

    Mexico-
    Rising as a nearshoring hub for the U.S.
    Especially strong in autos, electronics, and logistics proximity.

    Japan & South Korea-
    Japan is onshoring critical industries, especially semiconductors and pharma.

    Korea is expanding chip production globally (Samsung, SK Hynix) while also investing in allies.

    European Union-
    Launching “Net-Zero Industry Act” to scale solar, wind, and batteries.
    Considering tariffs on Chinese EVs.
    Focused on resilience, not full decoupling.

    Why It All Matters:-
    China’s rise was planned, strategic, and massive — and the world got hooked on cheap, fast production.

    Now, geopolitics + economic security are driving a major global shift.

    Countries are diversifying, investing at home, and building alliances to de-risk the future.

    By Jo Ikeji-Uju.
    sappertekinc@gmail.com
    https://afriprime.net/Ikeji
    *Share your comments positive or negative........
    SUPPLY CHAIN TIMELINE: China’s Rise in Global Trade & Supply Chain Power. Year | Key Event | Impact 1978 | Deng Xiaoping launches "Reform and Opening Up" | Shift from planned economy to market reforms; welcomes foreign investment. 1980s | Special Economic Zones (e.g., Shenzhen) established | Factories explode in growth, becoming hubs for global export. 1990s | Explosive growth in textiles, toys, electronics | Western companies begin outsourcing en masse to cut costs. 2001 | Joined WTO (World Trade Organization) | China gets full access to global markets — boom in exports. 2000s | "Factory of the World" status | Apple, Nike, Walmart and others shift most production to China. 2010s | Moves up the value chain (tech, EVs, solar) | No longer just cheap goods — now high-tech industries flourish. 2013 | Belt & Road Initiative (BRI) launched | Expands China’s trade routes via ports, railways, and pipelines. 2018 | U.S.-China trade war begins | Tariffs reveal vulnerabilities in global overdependence on China. 2020 | COVID-19 hits | Lockdowns in China freeze global supply chains. Wake-up call. 2021–2024 | Push for “dual circulation” & self-reliance | China focuses on internal demand while still dominating exports. 2024–2025 | U.S. and EU expand tariffs & decoupling efforts | Start of supply chain restructuring globally. SUPPLY CHAIN MAP: China’s Dominance by Industry:- Here’s how deep China is embedded in global supply chains: Batteries & EV Components- Control over 70–80% of global lithium-ion battery production. Dominates refining of critical minerals (cobalt, lithium, graphite). Solar Panels- Over 80% of global solar panel supply is Chinese. Controls polysilicon processing and solar cell manufacturing. Electronics & Consumer Tech- iPhones, laptops, and TVs are assembled or partially produced in China. Shenzhen = world capital of hardware production. Steel, Cement, Construction Materials- World’s largest producer of steel & cement. Heavily subsidized industries outcompete foreign competitors. Textiles & Apparel- Still one of the top 3 exporters of fabrics, clothing, and fast fashion components. Pharmaceuticals & Chemicals- Key supplier of Active Pharmaceutical Ingredients (APIs). Many generics and vitamins rely on China. Semiconductors (Assembly & Testing) Doesn’t lead in chip design, but dominates assembly, testing, and lower-end chip production. GLOBAL RESPONSES:- Who’s Doing What About China’s Dominance United States- CHIPS Act: $52B to boost U.S. semiconductor production. IRA (Inflation Reduction Act): Billions in clean energy & battery production. Tariffs & export bans: Restrictions on advanced chip exports to China. “Friendshoring”: Pushing allies to build supply chains in safer zones. India- “Make in India” campaign: Big incentives for electronics, chips, and auto. Attracting Apple, Samsung, and Foxconn for manufacturing shift. Strategic partnerships with U.S. for tech and defense supply chains. Vietnam- Becoming a major alternative in apparel, electronics. Samsung, Intel, and others now produce heavily there. Mexico- Rising as a nearshoring hub for the U.S. Especially strong in autos, electronics, and logistics proximity. Japan & South Korea- Japan is onshoring critical industries, especially semiconductors and pharma. Korea is expanding chip production globally (Samsung, SK Hynix) while also investing in allies. European Union- Launching “Net-Zero Industry Act” to scale solar, wind, and batteries. Considering tariffs on Chinese EVs. Focused on resilience, not full decoupling. Why It All Matters:- China’s rise was planned, strategic, and massive — and the world got hooked on cheap, fast production. Now, geopolitics + economic security are driving a major global shift. Countries are diversifying, investing at home, and building alliances to de-risk the future. By Jo Ikeji-Uju. sappertekinc@gmail.com https://afriprime.net/Ikeji *Share your comments positive or negative........
    AFRIPRIME.NET
    Ikeji
    "Those who believe they can do something and those who believe they can't are both right"
    0 Comments 0 Shares 3K Views 0 Reviews
  • Elevate Your Business with a Miami B2B Marketing Agency

    Looking to grow your business through strategic partnerships and targeted outreach? A Miami B2B marketing agency helps you connect with industry leaders, boost brand visibility, and drive high-quality leads. From content creation to digital campaigns, expert strategies ensure measurable results. For tailored B2B marketing solutions, trust Roar Media.
    Visit: https://roarmedia.com/miami-marketing-agency/
    Elevate Your Business with a Miami B2B Marketing Agency Looking to grow your business through strategic partnerships and targeted outreach? A Miami B2B marketing agency helps you connect with industry leaders, boost brand visibility, and drive high-quality leads. From content creation to digital campaigns, expert strategies ensure measurable results. For tailored B2B marketing solutions, trust Roar Media. Visit: https://roarmedia.com/miami-marketing-agency/
    0 Comments 0 Shares 499 Views 0 Reviews
  • Glycine Market Size, Share & Demand Trends (2025-2035): A Comprehensive Analysis

    The global glycine market is projected to reach USD 1.4 billion by 2025 and is expected to grow at a CAGR of 6.8% during the forecast period, reaching a valuation of USD 2.5 billion by 2035.
    Get Sample Here: https://www.futuremarketinsights.com/report-sample#5245502d47422d39373531
    The global glycine market is experiencing significant growth, driven by its diverse applications across various industries. Glycine, the simplest amino acid, is utilized in sectors such as pharmaceuticals, food and beverages, personal care, and agriculture. In the pharmaceutical industry, glycine serves as a buffering agent and is integral in drug formulations.
    The food and beverage sector employs glycine as a sweetener and flavor enhancer, while in personal care products, it is valued for its moisturizing properties. Additionally, glycine is used in animal feed to promote growth and improve health. The market is segmented by grade into pharmaceutical, food, and technical grades, catering to the specific purity requirements of each application.
    Glycine, also referred to as gly, is the simplest amino acid having a single hydrogen atom and is available in large quantity naturally. It is colorless transparent solid with sweet sugared flavored which is water soluble amino acid. Glycine is considered as the building blocks of proteins and is used as amino acids to produce proteins in the human body.
    Regionally, Asia Pacific dominates the market, primarily due to major pharmaceutical manufacturers in countries like China and India. North America and Europe also hold significant market shares, driven by robust pharmaceutical and food and beverage sectors. Key players in the global glycine market include Ajinomoto Co., Inc., Yuki Gosei Kogyo Co., Ltd., Evonik Nutrition & Care GmbH, and GEO Specialty Chemicals. These companies are focusing on product innovation, strategic partnerships, and mergers and acquisitions to maintain a competitive edge.
    Get Full Report:https://www.futuremarketinsights.com/reports/glycine-market


    Glycine Market Size, Share & Demand Trends (2025-2035): A Comprehensive Analysis The global glycine market is projected to reach USD 1.4 billion by 2025 and is expected to grow at a CAGR of 6.8% during the forecast period, reaching a valuation of USD 2.5 billion by 2035. Get Sample Here: https://www.futuremarketinsights.com/report-sample#5245502d47422d39373531 The global glycine market is experiencing significant growth, driven by its diverse applications across various industries. Glycine, the simplest amino acid, is utilized in sectors such as pharmaceuticals, food and beverages, personal care, and agriculture. In the pharmaceutical industry, glycine serves as a buffering agent and is integral in drug formulations. The food and beverage sector employs glycine as a sweetener and flavor enhancer, while in personal care products, it is valued for its moisturizing properties. Additionally, glycine is used in animal feed to promote growth and improve health. The market is segmented by grade into pharmaceutical, food, and technical grades, catering to the specific purity requirements of each application. Glycine, also referred to as gly, is the simplest amino acid having a single hydrogen atom and is available in large quantity naturally. It is colorless transparent solid with sweet sugared flavored which is water soluble amino acid. Glycine is considered as the building blocks of proteins and is used as amino acids to produce proteins in the human body. Regionally, Asia Pacific dominates the market, primarily due to major pharmaceutical manufacturers in countries like China and India. North America and Europe also hold significant market shares, driven by robust pharmaceutical and food and beverage sectors. Key players in the global glycine market include Ajinomoto Co., Inc., Yuki Gosei Kogyo Co., Ltd., Evonik Nutrition & Care GmbH, and GEO Specialty Chemicals. These companies are focusing on product innovation, strategic partnerships, and mergers and acquisitions to maintain a competitive edge. Get Full Report:https://www.futuremarketinsights.com/reports/glycine-market
    0 Comments 0 Shares 2K Views 0 Reviews
  • Glycine Market Forecast 2025-2035: Emerging Opportunities and Future Projections

    The global glycine market is projected to reach USD 1.4 billion by 2025 and is expected to grow at a CAGR of 6.8% during the forecast period, reaching a valuation of USD 2.5 billion by 2035.
    Get Sample Here: https://www.futuremarketinsights.com/report-sample#5245502d47422d39373531
    The global glycine market is experiencing significant growth, driven by its diverse applications across various industries. Glycine, the simplest amino acid, is utilized in sectors such as pharmaceuticals, food and beverages, personal care, and agriculture. In the pharmaceutical industry, glycine serves as a buffering agent and is integral in drug formulations.
    The food and beverage sector employs glycine as a sweetener and flavor enhancer, while in personal care products, it is valued for its moisturizing properties. Additionally, glycine is used in animal feed to promote growth and improve health. The market is segmented by grade into pharmaceutical, food, and technical grades, catering to the specific purity requirements of each application.
    Glycine, also referred to as gly, is the simplest amino acid having a single hydrogen atom and is available in large quantity naturally. It is colorless transparent solid with sweet sugared flavored which is water soluble amino acid. Glycine is considered as the building blocks of proteins and is used as amino acids to produce proteins in the human body.
    Regionally, Asia Pacific dominates the market, primarily due to major pharmaceutical manufacturers in countries like China and India. North America and Europe also hold significant market shares, driven by robust pharmaceutical and food and beverage sectors. Key players in the global glycine market include Ajinomoto Co., Inc., Yuki Gosei Kogyo Co., Ltd., Evonik Nutrition & Care GmbH, and GEO Specialty Chemicals. These companies are focusing on product innovation, strategic partnerships, and mergers and acquisitions to maintain a competitive edge.
    Get Full Report:https://www.futuremarketinsights.com/reports/glycine-market


    Glycine Market Forecast 2025-2035: Emerging Opportunities and Future Projections The global glycine market is projected to reach USD 1.4 billion by 2025 and is expected to grow at a CAGR of 6.8% during the forecast period, reaching a valuation of USD 2.5 billion by 2035. Get Sample Here: https://www.futuremarketinsights.com/report-sample#5245502d47422d39373531 The global glycine market is experiencing significant growth, driven by its diverse applications across various industries. Glycine, the simplest amino acid, is utilized in sectors such as pharmaceuticals, food and beverages, personal care, and agriculture. In the pharmaceutical industry, glycine serves as a buffering agent and is integral in drug formulations. The food and beverage sector employs glycine as a sweetener and flavor enhancer, while in personal care products, it is valued for its moisturizing properties. Additionally, glycine is used in animal feed to promote growth and improve health. The market is segmented by grade into pharmaceutical, food, and technical grades, catering to the specific purity requirements of each application. Glycine, also referred to as gly, is the simplest amino acid having a single hydrogen atom and is available in large quantity naturally. It is colorless transparent solid with sweet sugared flavored which is water soluble amino acid. Glycine is considered as the building blocks of proteins and is used as amino acids to produce proteins in the human body. Regionally, Asia Pacific dominates the market, primarily due to major pharmaceutical manufacturers in countries like China and India. North America and Europe also hold significant market shares, driven by robust pharmaceutical and food and beverage sectors. Key players in the global glycine market include Ajinomoto Co., Inc., Yuki Gosei Kogyo Co., Ltd., Evonik Nutrition & Care GmbH, and GEO Specialty Chemicals. These companies are focusing on product innovation, strategic partnerships, and mergers and acquisitions to maintain a competitive edge. Get Full Report:https://www.futuremarketinsights.com/reports/glycine-market
    0 Comments 0 Shares 2K Views 0 Reviews
  • Lalamove Business Model: Insight into Lalamove's Facets

    Know about Lalamove Business Model, and how the lalamove app work and makes revenue. Explore its tech-driven logistics solutions, flexible service offerings, strategic partnerships, and customer-centric approach, unveiling how these facets propel its success in the competitive delivery service industry. Read more about it: https://whitelabelfox.com/lalamove-business-model/

    #lalamovebusinessmodel #lalamovecloneapp #lalamoveclonescript #applikelalamove
    Lalamove Business Model: Insight into Lalamove's Facets Know about Lalamove Business Model, and how the lalamove app work and makes revenue. Explore its tech-driven logistics solutions, flexible service offerings, strategic partnerships, and customer-centric approach, unveiling how these facets propel its success in the competitive delivery service industry. Read more about it: https://whitelabelfox.com/lalamove-business-model/ #lalamovebusinessmodel #lalamovecloneapp #lalamoveclonescript #applikelalamove
    0 Comments 0 Shares 2K Views 0 Reviews
  • The global traffic road marking coatings market size is projected to reach USD 8.34 billion by 2028, exhibiting a CAGR of 4.1% during the forecast period. The market size stood at USD 6.04 billion in 2020 and is estimated to touch USD 6.31 billion in 2021, according to a report by Fortune Business Insights™, titled “Traffic Road Marking Coatings Market, 2021-2028”.

    Information Source - https://www.fortunebusinessinsights.com/traffic-road-marking-coatings-market-103056

    Startling Rise in Road Fatalities Worldwide to Fuel Market Growth

    Accidents and deaths caused by road crashes have been steadily rising around the globe over the past few years. Recent data released by the World Health Organization (WHO) reveal that road traffic accidents kill roughly 1.35 million people globally every year, with more than 50% of these mishaps occurring among the most road users – pedestrians, cyclists, and motorists. Furthermore, the WHO data also show that road accidents also cause non-fatal injuries to many millions around the world annually. Traffic road marking coatings are essential in ensuring that drivers are aware of the road conditions, especially during the night and on unknown terrains. These coatings can efficiently prevent the crashing of vehicles with each other as well as reduce the risk for other road users.



    Segmentation

    Based on product, the market has been divided into water-based coatings, solvent-based coatings, and thermoplastic coatings. Among these, the water-based coatings segment held a leading share of 39.1% in the global market in 2020.

    On the basis of application, the market is segmented into roads & highways, airports, parking lots, and others. Geographically, the market has been clubbed into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

    Report Highlights

    The report contains unparalleled insights into market drivers, trends, and restraints, along with an industry-leading analysis of all possible market segments. Further, the report offers a granular study of the regional developments and prospects of the market, as well as actionable research into the competitive dynamics of the market.

    Driving Factor

    Development of Eco-friendly Road Marking Solutions to Invigorate the Market

    Traditional paints and coatings are known for their high content of volatile organic compounds (VOCs), which are known to intensify global warming and damage the Ozone Layer. With the movement towards sustainability gaining momentum worldwide, traffic road marking coating producers and researchers are singularly focusing on engineering road markings made from environmentally friendly materials. For example, SWARCO Road Marking Systems teamed up with students to investigate the viability of using biopolymers in thermoplastic road markings and their efforts won them the Borealis Student Innovation Award in December 2020. Similarly, US-based Aexcel Corporation has developed the ToughLine suite of traffic paints that offer high performance, contain low VOC, and are solvent-based. Thus, the introduction of sustainable traffic markings is rapidly elevating the potential of this market.

    Regional Insights

    Robust Demand for Construction Activities to Propel the Market in Asia Pacific

    Asia Pacific is expected to dominate the traffic road marking coatings market share over the forecast period on account of the escalating demand for constructions in the region. This exponential growth is underpinned by the rapid expansion of urban areas in the region, especially in China and India. Driven by these factors, Asia Pacific boasted a thumping market size of USD 2.37 billion in 2020.

    In North America, the growing preference for water-based traffic road marking coatings will be the principal contributing factor for the regional market. In the US market, the water-based coatings segment held a share of 37.3% in 2020. On the other hand, the market in Europe is set to make considerable gains due to increasing investments in upgrading public transport networks by EU members.

    Competitive Landscape

    Key Players to Strategically Deepen Business Ties across Geographies

    Geographic expansion is a key priority area for leading companies specializing in traffic road marking coating solutions. These players are entering into strategic partnerships with different companies worldwide to deepen their presence in lucrative markets. In addition, some market participants are also devising products to enhance driver safety, which in turn will help in reducing road accidents.
    The global traffic road marking coatings market size is projected to reach USD 8.34 billion by 2028, exhibiting a CAGR of 4.1% during the forecast period. The market size stood at USD 6.04 billion in 2020 and is estimated to touch USD 6.31 billion in 2021, according to a report by Fortune Business Insights™, titled “Traffic Road Marking Coatings Market, 2021-2028”. Information Source - https://www.fortunebusinessinsights.com/traffic-road-marking-coatings-market-103056 Startling Rise in Road Fatalities Worldwide to Fuel Market Growth Accidents and deaths caused by road crashes have been steadily rising around the globe over the past few years. Recent data released by the World Health Organization (WHO) reveal that road traffic accidents kill roughly 1.35 million people globally every year, with more than 50% of these mishaps occurring among the most road users – pedestrians, cyclists, and motorists. Furthermore, the WHO data also show that road accidents also cause non-fatal injuries to many millions around the world annually. Traffic road marking coatings are essential in ensuring that drivers are aware of the road conditions, especially during the night and on unknown terrains. These coatings can efficiently prevent the crashing of vehicles with each other as well as reduce the risk for other road users. Segmentation Based on product, the market has been divided into water-based coatings, solvent-based coatings, and thermoplastic coatings. Among these, the water-based coatings segment held a leading share of 39.1% in the global market in 2020. On the basis of application, the market is segmented into roads & highways, airports, parking lots, and others. Geographically, the market has been clubbed into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Report Highlights The report contains unparalleled insights into market drivers, trends, and restraints, along with an industry-leading analysis of all possible market segments. Further, the report offers a granular study of the regional developments and prospects of the market, as well as actionable research into the competitive dynamics of the market. Driving Factor Development of Eco-friendly Road Marking Solutions to Invigorate the Market Traditional paints and coatings are known for their high content of volatile organic compounds (VOCs), which are known to intensify global warming and damage the Ozone Layer. With the movement towards sustainability gaining momentum worldwide, traffic road marking coating producers and researchers are singularly focusing on engineering road markings made from environmentally friendly materials. For example, SWARCO Road Marking Systems teamed up with students to investigate the viability of using biopolymers in thermoplastic road markings and their efforts won them the Borealis Student Innovation Award in December 2020. Similarly, US-based Aexcel Corporation has developed the ToughLine suite of traffic paints that offer high performance, contain low VOC, and are solvent-based. Thus, the introduction of sustainable traffic markings is rapidly elevating the potential of this market. Regional Insights Robust Demand for Construction Activities to Propel the Market in Asia Pacific Asia Pacific is expected to dominate the traffic road marking coatings market share over the forecast period on account of the escalating demand for constructions in the region. This exponential growth is underpinned by the rapid expansion of urban areas in the region, especially in China and India. Driven by these factors, Asia Pacific boasted a thumping market size of USD 2.37 billion in 2020. In North America, the growing preference for water-based traffic road marking coatings will be the principal contributing factor for the regional market. In the US market, the water-based coatings segment held a share of 37.3% in 2020. On the other hand, the market in Europe is set to make considerable gains due to increasing investments in upgrading public transport networks by EU members. Competitive Landscape Key Players to Strategically Deepen Business Ties across Geographies Geographic expansion is a key priority area for leading companies specializing in traffic road marking coating solutions. These players are entering into strategic partnerships with different companies worldwide to deepen their presence in lucrative markets. In addition, some market participants are also devising products to enhance driver safety, which in turn will help in reducing road accidents.
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Traffic Road Marking Coatings Market Size | Growth [2021 2028]
    The traffic road marking coatings market is projected to grow from $6.31 billion in 2021 to $8.34 billion in 2028 at a CAGR of 4.1% during forecast period
    0 Comments 0 Shares 4K Views 0 Reviews
  • The global traffic road marking coatings market size is projected to reach USD 8.34 billion by 2028, exhibiting a CAGR of 4.1% during the forecast period. The market size stood at USD 6.04 billion in 2020 and is estimated to touch USD 6.31 billion in 2021, according to a report by Fortune Business Insights™, titled “Traffic Road Marking Coatings Market, 2021-2028”.

    Information Source - https://www.fortunebusinessinsights.com/traffic-road-marking-coatings-market-103056

    Startling Rise in Road Fatalities Worldwide to Fuel Market Growth

    Accidents and deaths caused by road crashes have been steadily rising around the globe over the past few years. Recent data released by the World Health Organization (WHO) reveal that road traffic accidents kill roughly 1.35 million people globally every year, with more than 50% of these mishaps occurring among the most road users – pedestrians, cyclists, and motorists. Furthermore, the WHO data also show that road accidents also cause non-fatal injuries to many millions around the world annually. Traffic road marking coatings are essential in ensuring that drivers are aware of the road conditions, especially during the night and on unknown terrains. These coatings can efficiently prevent the crashing of vehicles with each other as well as reduce the risk for other road users.

    Segmentation

    Based on product, the market has been divided into water-based coatings, solvent-based coatings, and thermoplastic coatings. Among these, the water-based coatings segment held a leading share of 39.1% in the global market in 2020.

    On the basis of application, the market is segmented into roads & highways, airports, parking lots, and others. Geographically, the market has been clubbed into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

    Report Highlights

    The report contains unparalleled insights into market drivers, trends, and restraints, along with an industry-leading analysis of all possible market segments. Further, the report offers a granular study of the regional developments and prospects of the market, as well as actionable research into the competitive dynamics of the market.

    Driving Factor

    Development of Eco-friendly Road Marking Solutions to Invigorate the Market

    Traditional paints and coatings are known for their high content of volatile organic compounds (VOCs), which are known to intensify global warming and damage the Ozone Layer. With the movement towards sustainability gaining momentum worldwide, traffic road marking coating producers and researchers are singularly focusing on engineering road markings made from environmentally friendly materials. For example, SWARCO Road Marking Systems teamed up with students to investigate the viability of using biopolymers in thermoplastic road markings and their efforts won them the Borealis Student Innovation Award in December 2020. Similarly, US-based Aexcel Corporation has developed the ToughLine suite of traffic paints that offer high performance, contain low VOC, and are solvent-based. Thus, the introduction of sustainable traffic markings is rapidly elevating the potential of this market.

    Regional Insights

    Robust Demand for Construction Activities to Propel the Market in Asia Pacific

    Asia Pacific is expected to dominate the traffic road marking coatings market share over the forecast period on account of the escalating demand for constructions in the region. This exponential growth is underpinned by the rapid expansion of urban areas in the region, especially in China and India. Driven by these factors, Asia Pacific boasted a thumping market size of USD 2.37 billion in 2020.

    In North America, the growing preference for water-based traffic road marking coatings will be the principal contributing factor for the regional market. In the US market, the water-based coatings segment held a share of 37.3% in 2020. On the other hand, the market in Europe is set to make considerable gains due to increasing investments in upgrading public transport networks by EU members.

    Competitive Landscape

    Key Players to Strategically Deepen Business Ties across Geographies

    Geographic expansion is a key priority area for leading companies specializing in traffic road marking coating solutions. These players are entering into strategic partnerships with different companies worldwide to deepen their presence in lucrative markets. In addition, some market participants are also devising products to enhance driver safety, which in turn will help in reducing road accidents.
    The global traffic road marking coatings market size is projected to reach USD 8.34 billion by 2028, exhibiting a CAGR of 4.1% during the forecast period. The market size stood at USD 6.04 billion in 2020 and is estimated to touch USD 6.31 billion in 2021, according to a report by Fortune Business Insights™, titled “Traffic Road Marking Coatings Market, 2021-2028”. Information Source - https://www.fortunebusinessinsights.com/traffic-road-marking-coatings-market-103056 Startling Rise in Road Fatalities Worldwide to Fuel Market Growth Accidents and deaths caused by road crashes have been steadily rising around the globe over the past few years. Recent data released by the World Health Organization (WHO) reveal that road traffic accidents kill roughly 1.35 million people globally every year, with more than 50% of these mishaps occurring among the most road users – pedestrians, cyclists, and motorists. Furthermore, the WHO data also show that road accidents also cause non-fatal injuries to many millions around the world annually. Traffic road marking coatings are essential in ensuring that drivers are aware of the road conditions, especially during the night and on unknown terrains. These coatings can efficiently prevent the crashing of vehicles with each other as well as reduce the risk for other road users. Segmentation Based on product, the market has been divided into water-based coatings, solvent-based coatings, and thermoplastic coatings. Among these, the water-based coatings segment held a leading share of 39.1% in the global market in 2020. On the basis of application, the market is segmented into roads & highways, airports, parking lots, and others. Geographically, the market has been clubbed into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Report Highlights The report contains unparalleled insights into market drivers, trends, and restraints, along with an industry-leading analysis of all possible market segments. Further, the report offers a granular study of the regional developments and prospects of the market, as well as actionable research into the competitive dynamics of the market. Driving Factor Development of Eco-friendly Road Marking Solutions to Invigorate the Market Traditional paints and coatings are known for their high content of volatile organic compounds (VOCs), which are known to intensify global warming and damage the Ozone Layer. With the movement towards sustainability gaining momentum worldwide, traffic road marking coating producers and researchers are singularly focusing on engineering road markings made from environmentally friendly materials. For example, SWARCO Road Marking Systems teamed up with students to investigate the viability of using biopolymers in thermoplastic road markings and their efforts won them the Borealis Student Innovation Award in December 2020. Similarly, US-based Aexcel Corporation has developed the ToughLine suite of traffic paints that offer high performance, contain low VOC, and are solvent-based. Thus, the introduction of sustainable traffic markings is rapidly elevating the potential of this market. Regional Insights Robust Demand for Construction Activities to Propel the Market in Asia Pacific Asia Pacific is expected to dominate the traffic road marking coatings market share over the forecast period on account of the escalating demand for constructions in the region. This exponential growth is underpinned by the rapid expansion of urban areas in the region, especially in China and India. Driven by these factors, Asia Pacific boasted a thumping market size of USD 2.37 billion in 2020. In North America, the growing preference for water-based traffic road marking coatings will be the principal contributing factor for the regional market. In the US market, the water-based coatings segment held a share of 37.3% in 2020. On the other hand, the market in Europe is set to make considerable gains due to increasing investments in upgrading public transport networks by EU members. Competitive Landscape Key Players to Strategically Deepen Business Ties across Geographies Geographic expansion is a key priority area for leading companies specializing in traffic road marking coating solutions. These players are entering into strategic partnerships with different companies worldwide to deepen their presence in lucrative markets. In addition, some market participants are also devising products to enhance driver safety, which in turn will help in reducing road accidents.
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Traffic Road Marking Coatings Market Size | Growth [2021 2028]
    The traffic road marking coatings market is projected to grow from $6.31 billion in 2021 to $8.34 billion in 2028 at a CAGR of 4.1% during forecast period
    0 Comments 0 Shares 2K Views 0 Reviews
Sponsored
Sponsored
google-site-verification: google037b30823fc02426.html