The Global Anti-Slip Coatings market size was expected at around $105 million by the end of 2020. It is expected to grow at a 6.5% CAGR to reach $ 161 million by 2025.
Anti-slip coatings are utilized on different surfaces, for example, workshop floors, steps, platforms, etc. They are wear-resistant and opposes oils, acids, cleansers, and others. Anti-slip coatings can be utilized without the requirement for any past blending.
Anti-slip coatings help stay away from mishaps caused on high slippery zones, for example, kitchen floor or restroom where there are high odds of fluid spills. Proper use of anti-slip coatings on the floor keeps accidental slipping under control as well as keeps up the radiance and sparkle of existing surface for longer time. It is considered as the smartest answer for a longer period. It contains added substances, for example, aluminum oxide, sand, or carborundum. Moreover, great quality anti-slip coatings are very resistant to scratches and the layer of these coatings isn't effectively decreased on customary cleaning and washing. Anti-slipping coatings have different properties, for example, superb water repellence, protection from corrosive, salts, and destructive synthetic compounds and accessible in completely wanted colours and its shades.
The global anti-slip coatings market is encountering increased demand because of fast development in industrialization. Developing utilization of anti-slip coatings in steps, workshop floors, platforms, and different others makes new alternatives for developing this market also. Another critical factor is the resistant of magnet wire against acids, oils, and cleansers and no requirement for any premixing are additionally extended to support interest in the worldwide anti-slip coatings market. In addition, new wellbeing guidelines related with safety caused because of slipping is likewise boosting development in this business. Appropriate execution of these standards in the structure and development industry likewise enhanced development for anti-slip coatings. Alongside this data different components control development in the global anti-slip coatings market. Right now, ongoing trends in the market, segmentation, player's initiatives, and few others are a major part of this industry. With these bits of knowledge, manufacturers and key market firms will be equipped for taking better choices because of finding complete data about this industry. The Asia Pacific is estimated to offer lucrative growth opportunities for the development of this business in the coming years.
Dow DuPont, a leading shareholder in the Global Specialty Polystyrene Resin market, has proposed to break into a total of 3 entities, which might affect the market.
The market will become complex as businesses worth nearly USD 8 billion will be transferred from its Materials Science division to its Specialty Products division, in terms of sales.
Drivers in the Anti-Slip Coatings Market
Strict environmental regulations relating to VOCs from anti-slip coatings is estimated to hamper the industry expansion in the future. Nevertheless, such anti-slip coatings have to meet strict environmental rules and might impact the industry. Furthermore, as a substitute, anti-slip panels might pose the largest danger to the anti-slip coating industry. Low-cost possible substitutes which are easy to apply and equally effective is estimated to act as a restraint to the industry expansion. Anti-slip coatings have to meet strict environmental rules and might impact the industry. Furthermore, as a substitute, anti-slip panels might pose the largest threat to the anti-slip coating business.
Opportunities in the Anti-Slip Coatings Market
Rising calls for the product in building and marine business is probable to offer high opportunities to the industry players throughout the foreseen period. The increase in industrialization and industrial activities across the globe has assisted the industry to raise healthy.
Challenges in the Anti-Slip Coatings Market
Anti-slip coatings take more time in healing that is a significant challenge to the industry players. Moreover, the presence of easy-to-install substitutes like anti-slip panels (fiber-reinforced plastic (FRP)) is another major challenge faced by industry players. Carelessness in utilizing genuine anti-slip coatings can result in loss of productivity and wounds.
Anti-Slip Coatings Market Segmentation Analysis as per the research report until 2025.
Anti-Slip Coatings Market - By Resin
Epoxy coating is widely used anti-slip coating due to its properties like flexibility, food adhesion, hardness, solvent resistance, and wear-tear strength. Epoxy resin is a thermosetting resin, which makes it very hard once it cures/sets.
Anti-Slip Coatings Market - By Type
Anti-Slip Coatings Market - By End-Use
The majority of the dales in this market happens to the industrial flooring sector, as they need anti-slip flooring for safety purpose.
Anti-Slip Coatings Market - By Region
Middle-East & Africa
Asia Pacific had the largest market share in the year 2020 and is anticipated to be the fastest-growing market, attributed to its high CAGR. This region is leading in both production and consumption due to the easy access to raw material required for the market. The wide customer base in the regions like India and China (of about 35% of the global population) and cheap labor in these regions is one reason for its dominance in this region.
North America and Europe have a decently stable Global Anti-Slip Coating market, as the leading industries in these regions are self-sustainable for the requirement in their region.
Anti-Slip Coatings Market Key Market Players:
By the end of 2020, Dow DuPont(US), 3M (US), Skidproof Ltd. (UK), PPG Industries (US), Axalta Coating Systems (US), Hempel A/S (Europe), RPM International (Mexico), Sherwin Williams (US), Amsteps Products (England), Randolph Products (UK), Anti-slip Anywhere (US), Safemate Anti-slip Pvt. Ltd. (Germany),, Industrial Applications Inc. (UK), Halosurfaces International Ltd. (New Zealand), North Central Electric (US), Paramelt RMC B.V (Netherlands), Wooster Products (US), Tesoplas (England), American Safety Technologies (US), and Diamond Safety Concepts (Japan) are the leading shareholders of the Global Anti-Slip Coating market.
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3.1 Executive Summary
3.2 Key Inferences
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1.6 Y-o-Y Growth Analysis, By Resin
5.1.7 Market Attractiveness Analysis, By Resin
5.1.8 Market Share Analysis, By Resin
5.2.4 Consumer Electronics
5.2.5 Y-o-Y Growth Analysis, By Type
5.2.6 Market Attractiveness Analysis, By Type
5.2.7 Market Share Analysis, By Type
5.3 End-use Industry
5.3.2 Industrial Flooring
5.3.4 Y-o-Y Growth Analysis, By End use industry
5.3.5 Market Attractiveness Analysis, By End use industry
5.3.6 Market Share Analysis, By End use industry
6. Geographical Analysis
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
126.96.36.199 By Geographical Area
188.8.131.52 By Resin
184.108.40.206 By Type
220.127.116.11 By End-use Industry
6.1.4 Market Attractiveness Analysis
18.104.22.168 By Geographical Area
22.214.171.124 By Resin
126.96.36.199 By Type
188.8.131.52 By End-use Industry
6.1.5 Market Share Analysis
184.108.40.206 By Geographical Area
220.127.116.11 By Resin
18.104.22.168 By Type
22.214.171.124 By End-use Industry
6.2 North America
6.1.2 United States
6.3.6 South Korea
6.5 Latin America
6.4.5 Rest of Latin America
6.6 Middle East & Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Randolph Products
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.4 PPG Industries
8.5 Skidproof Ltd.
8.6 Axalta Coating Systems
8.7 Hempel A/S
8.8 RPM International
8.9 Sherwin Williams
8.10 Amsteps Products
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
a) List of Tables
b) List of Figures
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
The segment-level analysis in terms of By Diagnostic Wearable Devices, and Therapeutic Wearable Devices along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy developmentmicro
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
to provide both individuals and organizations Investment opportunitiesExpertly devised analyst overview along with a strong financial foothold in the market
Global Anti-Slip Coating Market Market By Region, From 2020-2025 ( USD Billion )
Global Anti-Slip Coating Market Market By Resin, From 2020-2025 ( USD Billion )
Global Epoxy Market By Region, From 2020-2025 ( USD Billion )
Global Polyurethane Market By Region, From 2020-2025 ( USD Billion )
Global polyaspartic Market By Region, From 2020-2025 ( USD Billion )
Global Acrylic Market By Region, From 2020-2025 ( USD Billion )
Global Anti-Slip Coating Market Market By Type, From 2020-2025 ( USD Billion )
Global Water-based Market By Region, From 2020-2025 ( USD Billion )
Global Solvent-based Market By Region, From 2020-2025 ( USD Billion )
Global Anti-Slip Coating Market Market By End use Industry, From 2020-2025 ( USD Billion )
Global Industrial Flooring Market By Region, From 2020-2025 ( USD Billion )
Global Ceramic Market By Region, From 2020-2025 ( USD Billion )
Global Others Market By Region, From 2020-2025 ( USD Billion )