The new report by Expert Market Research titled, ‘Global Anti-Slip Coatings Market Report and Forecast 2023-2028’, gives an in-depth analysis of the global anti-slip coatings market, assessing the market based on its segments, applications and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2018-2028)
- Historical Market Size (2022): USD 128 million
- Forecast CAGR (2023-2028): 6.2%
- Forecast Market Size (2028): USD 183 million
Anti-slip coatings’ excellent qualities, such as scratch resistance, are increasing demand for the product in a variety of industries. The global anti-slip coatings market is seeing rising demand as a result of the rapid development of the industrial sector.
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Industry Definition and Major Segments
Anti-slip coatings help to reduce mishaps in high-slip areas, such as the kitchen floor or the bathroom, where liquid spills are more frequent. The proper application of anti-slip coatings on the floor not only prevents inadvertent slipping but also prolongs the lustre and brightness of the existing surface. It contains aluminium oxide, sand, or carborundum as additions. The anti-slip coatings market is segmented into three categories: type, epoxy resins, and application.
Based on its type, the industry can be categorised as:
- Water-based
- Solvent-based
Based on its epoxy resins, the industry can be segmented:
- Polyurethane
- Polyadspartic
- Acrylic
- Others
Based on its application, the industry can be divided into:
- Flooring
- Industrial Building
- Residential Building
- Commercial Building
- Marine
- Others
The EMR report looks into the regional anti-slip coatings markets like:
- North America
- Latin America
- Europe
- the Middle East and Africa
- the Asia Pacific.
Market Trends
The growing use of anti-slip coatings in chemical processes, energy, and petrochemical sectors to solve slide difficulties in damp conditions is driving the global anti-slip coatings market. Furthermore, technological advancements and increasing urbanisation are assisting the industry’s growth. Anti-slip coatings, on the other hand, are time-consuming and weather-dependent, which may limit their growth over the forecast period.
Key Market Players
The major players in the market are Hempel A/S, Amstep Products, 3M Company, Randolph Products Co., PPG Industries, Inc. (NYSE: PPG), Axalta Coating Systems Ltd., and Paramelt. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
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