Anti-Slip Coatings Market 2023, Report Includes Dynamics, Regional Revenue Forecast, Products, and Application
According to MRFR analysis, Global Anti-Slip Coatings Market is projected to reach USD 163 Million with a robust CAGR of 6.35% during the assessment period. Anti-slip coatings are the coatings that are applied on floors, decks, rails, ramps, and steps.
The increasing awareness about workplace safety in the construction industry, driven by the rising public awareness and growing government support to organizations such as OSHA, is likely to be a major driver for the Anti-slip coatings market over the forecast period. Slipping and falling can be quite serious mishaps, especially in areas involving high falls. In the construction industry, the construction of multi-storied structures raises this risk immensely. This is likely to be a key driver for the global anti-slip coatings market over the forecast period.
The increasing volume of construction activities around the world is likely to be a major driver for the anti-slip coatings market over the forecast period. Anti-slip coatings are coatings applied to floor surfaces to increase the friction and reduce the chances of slipping and falling on the floor. They also play a key role in maintaining the aesthetic appeal of the floor by adding gloss. The increasing demand for new construction in emerging regions such as Asia Pacific, the Middle East, and Eastern Europe, where urbanization is rampant, is likely to be a major driver for the global anti-slip coatings market over the forecast period.
On the other hand, the threat posed by volatile organic compounds present in anti-slip coatings to human health is likely to hinder the global anti-slip coatings market’s growth prospects over the forecast period. Anti-VOC regulations are likely to restrict the anti-slip coatings market’s scope for further growth over the forecast period.
Competitive Analysis:
Leading players in the global anti-slip coatings market include Hempel A/S, 3M, PPG Industries Inc., No Skidding Products Inc., RPM International Inc., Anti-Slip Anywhere, Safemate Anti-Slip SkidProof Ltd., Tesoplas, Paramelt, Axalta Coating Systems, Randolph Products, and Amstep Products.
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Segmentation:
The global anti-slip coatings market has been segmented on the basis of type, epoxy resin, application, end-use industry, and region.
Based on type, the global anti-slip coatings market has been bifurcated into water-based and solvent-based anti-slip coatings.
By epoxy resin, the global anti-slip coatings market has been classified as polyurethane resin, polyaspartic, acrylic, and others.
On the basis of application, the global anti-slip coatings market has been categorized into flooring, marine, and others. The flooring segment is further divided into industrial buildings, residential buildings, and commercial buildings. The construction flooring segment accounted for a dominant 52% share in the global anti-slip coatings market in 2017 and is likely to remain the major revenue generator for the anti-slip coatings market over the forecast period.
Based on the end-use industry, the global anti-slip coatings market has been segmented into healthcare, construction, sports, and others.
Regional Analysis:
Asia Pacific is likely to dominate the global anti-slip coatings Macroeconomic Trends over the forecast period, mainly due to the growing demand from the region’s construction industry. The growing urbanization in Asia Pacific has led to a rapid rise in the demand for new residential as well as commercial construction, which is likely to drive the demand for anti-slip coatings over the forecast period. Growing industrialization in countries like India, China, Taiwan, Korea, and Japan is likely to lead to a further increase in the demand for anti-slip coatings over the forecast period, with China leading the way in the Asia Pacific market.
North America accounts for the second largest market share in the global anti-slip coatings market due to the growing construction industry, which has recovered well from last decade’s crash and is showing signs of steady revival. The growing importance of workplace safety regulations in North America is likely to drive the anti-slip coatings market in the region over the forecast period.
About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end-users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
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The increasing awareness about workplace safety in the construction industry, driven by the rising public awareness and growing government support to organizations such as OSHA, is likely to be a major driver for the Anti-slip coatings market over the forecast period. Slipping and falling can be a quite serious mishaps, especially in areas involving high falls. In the construction industry, the construction of multi-storied structures raises this risk immensely. This is likely to be a key driver for the global anti-slip coatings market over the forecast period.
The increasing volume of construction activities around the world is likely to be a major driver for the anti-slip coatings market over the forecast period. Anti-slip coatings are coatings applied to floor surfaces to increase the friction and reduce the chances of slipping and falling on the floor. They also play a key role in maintaining the aesthetic appeal of the floor by adding gloss. The increasing demand for new construction in emerging regions such as Asia Pacific, the Middle East, and Eastern Europe, where urbanization is rampant, is likely to be a major driver for the global anti-slip coatings market over the forecast period.
On the other hand, the threat posed by volatile organic compounds present in anti-slip coatings to human health is likely to hinder the global anti-slip coatings market’s growth prospects over the forecast period. Anti-VOC regulations are likely to restrict the anti-slip coatings market’s scope for further growth over the forecast period.
Competitive Analysis:
Leading players in the global anti-slip coatings market include Hempel A/S, 3M, PPG Industries Inc., No Skidding Products Inc., RPM International Inc., Anti-Slip Anywhere, Safemate Anti-Slip SkidProof Ltd., Tesoplas, Paramelt, Axalta Coating Systems, Randolph Products, and Amstep Products.
Get a Free Sample PDF Brochure — https://www.marketresearchfuture.com/sample_request/7394
Segmentation:
The global anti-slip coatings market has been segmented on the basis of type, epoxy resin, application, end-use industry, and region.
Based on type, the global anti-slip coatings market has been bifurcated into water-based and solvent-based anti-slip coatings.
By epoxy resin, the global anti-slip coatings market has been classified as polyurethane resin, polyaspartic, acrylic, and others.
On the basis of application, the global anti-slip coatings market has been categorized into flooring, marine, and others. The flooring segment is further divided into industrial buildings, residential buildings, and commercial buildings. The construction flooring segment accounted for a dominant 52% share in the global anti-slip coatings market in 2017 and is likely to remain the major revenue generator for the anti-slip coatings market over the forecast period.
Based on the end-use industry, the global anti-slip coatings market has been segmented into healthcare, construction, sports, and others.
Regional Analysis:
Asia Pacific is likely to dominate the global anti-slip coatings Macroeconomic Trends over the forecast period, mainly due to the growing demand from the region’s construction industry. The growing urbanization in Asia Pacific has led to a rapid rise in the demand for new residential as well as commercial construction, which is likely to drive the demand for anti-slip coatings over the forecast period. Growing industrialization in countries like India, China, Taiwan, Korea, and Japan is likely to lead to a further increase in the demand for anti-slip coatings over the forecast period, with China leading the way in the Asia Pacific market.
North America accounts for the second largest market share in the global anti-slip coatings market due to the growing construction industry, which has recovered well from last decade’s crash and is showing signs of steady revival. The growing importance of workplace safety regulations in North America is likely to drive the anti-slip coatings market in the region over the forecast period.
About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end-users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
Market Research Future®
99 Hudson Street,5Th Floor
New York, New York 10013
United States of America
Phone:
+1 628 258 0071(US)
+44 2035 002 764(UK)
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