The anti-slip coatings market is influenced by various market factors that play a crucial role in its growth and dynamics. One of the primary factors is the increasing awareness regarding safety measures across industries. As businesses strive to enhance workplace safety and reduce the risk of accidents, the demand for anti-slip coatings rises. Industries such as manufacturing, healthcare, hospitality, and transportation are particularly sensitive to safety concerns, driving the adoption of anti-slip solutions.
Anti-slip coatings help in saving lives; and look after the safety of employees. It contains additives of aluminum oxide, carborundum, and sand. It is primarily designed to prevent slips and maintain surface shine and luster for long time. These coatings are glossy and are available in different colors.
Moreover, stringent regulations and standards regarding workplace safety further propel the demand for anti-slip coatings. Government bodies and regulatory agencies impose strict guidelines to ensure the safety of workers and visitors in commercial and industrial settings. Compliance with these regulations necessitates the implementation of anti-slip measures, driving market growth.
Additionally, the growth of the construction industry significantly impacts the anti-slip coatings market. As construction activities increase globally, there is a parallel rise in the demand for materials and solutions that enhance the safety and durability of infrastructure. Anti-slip coatings find extensive applications in construction projects, ranging from residential buildings to bridges and highways, further fueling market expansion.
Furthermore, the growing emphasis on sustainability and environmental consciousness influences market trends. Manufacturers are increasingly developing eco-friendly and non-toxic anti-slip coatings to align with sustainability goals and meet consumer preferences. This shift towards green solutions not only addresses environmental concerns but also enhances the market appeal of anti-slip coatings.
Moreover, technological advancements play a crucial role in shaping the market landscape. Innovations in materials science and manufacturing processes lead to the development of advanced anti-slip coatings with improved durability, performance, and aesthetic appeal. These technological developments attract consumers looking for high-quality solutions, driving market growth and competitiveness.
The economic landscape also influences the anti-slip coatings market. Economic growth, industrial development, and infrastructure investments in emerging economies contribute to market expansion by creating demand for safety solutions in various sectors. Conversely, economic downturns and market uncertainties may temporarily slow down market growth as businesses prioritize cost-cutting measures.
Furthermore, demographic trends and lifestyle changes impact the demand for anti-slip coatings. An aging population, particularly in developed regions, increases the focus on products and solutions that cater to elderly individuals' safety needs. Similarly, the rise of leisure and recreational facilities fosters demand for anti-slip coatings in public spaces such as swimming pools, gyms, and amusement parks.
Moreover, competitive dynamics and industry structure play a significant role in shaping market trends. The presence of numerous manufacturers and suppliers competing for market share leads to product innovation, competitive pricing strategies, and market consolidation through mergers and acquisitions. These factors influence product availability, pricing, and overall market dynamics.
Report Attribute/Metric | Details |
---|---|
Market Size Value In 2023 | USD 0.21 billion |
Growth Rate | 5.41% (2024-2032) |
The Anti-Slip Coatings market size was valued at USD 0.21 billion in 2023. The Anti-Slip Coatings industry is projected to grow from USD 0.22 billion in 2024 to USD 0.34 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.41% during the forecast period (2024 - 2032). The safety of the employees and stringent safety regulations are the key market drivers enhancing the growth.Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Market CAGR for Anti-Slip Coatings is expected to grow during the forecast period due to the increase in the usage of anti-slip coatings in the construction industry. The construction industry has emerged as a key end-use segment for anti-slip coatings, as they enhance the slip resistance of various flooring surfaces, such as concrete, tiles, and timber. It is particularly important in high-traffic areas, such as hospitals, schools, and commercial buildings, where the risk of slip and fall accidents is high. Anti-slip coatings are also used in the construction of infrastructure projects, such as bridges and highways, to improve their safety and durability.
Water-based anti-slip coatings are becoming increasingly popular due to their low volatile organic compound (VOC) content, which makes them environmentally friendly and safe to use in enclosed spaces. They are also easy to apply and provide excellent slip-resistance properties. Additionally, water-based anti-slip coatings have been mandated in some countries to comply with stringent environmental regulations, further driving their demand.
Technological advancements are driving innovation in the anti-slip coatings market, with manufacturers introducing new products that offer improved slip resistance, durability, and ease of application. Increasing the awareness of workplace safety, stringent occupational safety regulations, and the rising demand for eco-friendly and sustainable coatings.
For instance, some companies are developing anti-slip coatings that can be applied to wet surfaces, providing an added level of safety in areas prone to wetness or spills. Additionally, nanotechnology enables the development of coatings with superior slip resistance properties and antibacterial and anti-fungal properties, making them ideal for use in healthcare and food processing industries to drive the Anti-Slip Coatings market revenue.
April 2024
An announcement on the launch of Topshield's CraftGrade Independence underlayment was made yesterday, on Monday. Topshield is a firm that makes materials for roofing and siding. It is intended to be "35 times stronger and eight times lighter than 30-pound felt," as stated in a news statement that was sent by the company on April 8th.
CraftGrade, which is the top product line offered by Topshield, said that the structure of the underlayment ensures that it is resistant to rips and the elements for a considerable amount of time. In addition, a coating that has anti-slip properties and also has skid-resistant properties may assist in preventing slips and falls.
The underlayment is simpler to handle during the installation process as a consequence of its lower weight, which ultimately results in a method that is more efficient and effective. When compared to a standard felt roll weighing thirty pounds, it offers seventeen percent greater coverage on each course. In addition to this, it has a high water-repellency, which reduces the possibility of warping, wrinkles, and cracking when exposed to cold weather. A building product is considered to be "green" if it is fully inorganic, does not deteriorate or mold, and does not include any organic content.
The Anti-Slip Coatings market segmentation, based on type, includes water-based and solvent-based. The water-based segment dominated the market. They are the most widely used due to their low VOC emissions, ease of application, and environmental friendliness.
The Anti-Slip Coatings market segmentation, based on epoxy resin, includes PU, poly aspartic, and acrylic. The PU category generated the most income over the forecast period. It is the most commonly used epoxy resin due to its high strength, adhesion properties, flexibility, and solvent resistance.
The Anti-Slip Coatings market segmentation, based on technology, includes physical and chemical. The chemical category dominates the market and offers better durability and resistance to harsh environments but is associated with higher VOC emissions.
The Anti-Slip Coatings market segmentation, based on end-user, includes construction. The construction segment is the largest end-user segment due to the widespread use of anti-slip coatings in commercial facilities such as hospitals, hotels, and shopping malls.
The Anti-Slip Coatings market segmentation, based on application, includes flooring and marine. The flooring segment dominated the market due to the widespread use of anti-slip coatings in commercial and industrial facilities.
Figure 1: Anti-Slip Coatings Market, by Application, 2022 & 2032 (USD billion)Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. North America dominates the Anti-Slip Coatings market in terms of revenue and market due to the presence of key manufacturers in the region. The rising number of residential and commercial construction projects in the region is driving the demand for anti-slip coatings. The growing demand for eco-friendly and sustainable coatings is also expected to boost market growth in the region. Further, the US Anti-Slip Coatings market held the largest market share, and the Canada Anti-Slip Coatings market was the fastest-growing market in the North American region.
Further, the major countries studied in the market report are The US, Canada, Germany, France, the UK, Italy, Spain, the Rest of Europe, China, Japan, India, Australia, the Rest of Asia-Pacific, the Middle East, Africa, and Latin America.
Figure 2: Anti-Slip Coatings Market SHARE BY REGION 2022 (%) Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Europe's Anti-Slip Coatings market is expected to have significant growth in the region. Due to the growth of the automotive and marine industries in the region, the increasing demand for anti-slip coatings is attributed to the need for safety, durability, and protection from harsh weather conditions. The region is also witnessing increased demand for eco-friendly and sustainable coatings, expected to drive market growth. Further, the German Anti-Slip Coatings market held the largest market share, and the UK Anti-Slip Coatings market was the fastest-growing market in the European region.
The Asia-Pacific Anti-Slip Coatings marketwill grow fast during the forecast period. The growth can be measured through the rising demand from the region's construction, automotive, and aerospace industries. The increasing construction activities and surge in demand for eco-friendly and sustainable coatings are driving the demand in this region. Moreover, China’s Anti-Slip Coatings market held the largest market share, and the Indian Anti-Slip Coatings market was the fastest-growing market in the Asia-Pacific region.
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Anti-Slip Coatings market, grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. The Anti-Slip Coatings industry must offer cost-effective items to expand and survive in a more competitive and rising market climate.
Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the Anti-Slip Coatings industry to benefit clients and increase the market sector. Major players in the Anti-Slip Coatings market, including Hempel A/S (Denmark), Amstep Products (US), 3M (US), Randolph Products (US), PPG Industries, Inc. (US), Axalta Coating Systems (US), No Skidding Products Inc. (Canada), Paramelt (The Netherlands), RPM International Inc. (US), Tesoplas (UK), No Skidding Products Inc. (Canada), Anti-Slip Anywhere (Canada), Safemate Anti-Slip SkidProof Ltd (Melbourne)., and others, are attempting to increase market demand by investing in research and development operations.
Marazzi, founded in 1935, and located in Sassuolo, is the best-known brand in the ceramic tile industry. It is universally recognized as synonymous with quality ceramic tiles and symbolizes the best Italian style and manufacturing in interior decoration and design. Marazzi has been responsible for the ceramic tile industry's main technological, process, and design innovations. In May 2021, Marazzi, a popular Italian company, introduced five new collections of advanced porcelain and ceramic tiles, such as antibacterial tiles with anti-slip coatings that resemble high-gloss stone-effect tiles and wood floorboards. The brand has designed Oltre, a porcelain tile similar to the oak floorboard, with slip-resistant coating, an ultra-matt finish, and antibacterial properties to improve cleanliness. The tiles have a luminous finish; however, they feature the company's Stepwise coating that helps create an anti-slip surface.
Empowera is a leading adhesive and coatings manufacturing company based in New Delhi, India. For nearly 35 years, Empowera has driven the use of water-based adhesives, coatings, and emulsions in various industries. Our core competency lies in manufacturing high-quality water-based polymer emulsions and pioneering their use in industrial adhesives and coatings. In October 2021, Empowera (India) introduced functional water-based coatings to replace PE coatings or plastic film lamination. For this reason, their application will be extensive in sectors like pharmaceuticals, cosmetics, and food for packaging purposes. These coatings provide various features, including anti-slip, matt, anti-microbial high-gloss, grease and water resistance, high adhesion, alcohol resistance, anti-blocking, soft touch, and others to cater to the customers' every coat requirement.
Hempel A/S (Denmark)
Amstep Products (US)
3M (US)
Randolph Products (US)
PPG Industries, Inc. (US)
Axalta Coating Systems (US)
Paramelt (The Netherlands)
RPM International Inc. (US)
Tesoplas (UK)
No Skidding Products Inc. (Canada)
Anti-Slip Anywhere (Canada)
Safemate Anti-Slip SkidProof Ltd (Melbourne)
In November 2019: Akzo Nobel N.V. completed the acquisition of French aerospace coatings manufacturer Mapaero. By combining the two businesses' world-class product portfolios, AkzoNobel will offer clients a considerably broader selection of innovative and sustainable solutions and contribute directly to its Winning Together: 15 by 20 plan, which was first announced in July of the same year. The deal will strengthen AkzoNobel's position in aerospace coatings, notably in the structural and cabin coating sub-segments.
Dow DuPont, a leading shareholder in the Specialty Polystyrene Resin market, has proposed to break into three entities, which might affect the market.
November 2023
Gaining Slip Resistance is one of the coolest new features in Zelda: Tears of the Kingdom. In contrast to Breath of the Wild, players may now reduce the amount of progress lost when climbing wet cliffs. Probably a lot of gamers have experienced the anguish of planning to ascend a cliff just to have their plans derailed by unexpected downpours.
Thankfully, Slip Resistance steps in to lessen the disadvantage brought on by slick circumstances, providing much-needed respite to a number of irate gamers. In Tears of the Kingdom, Slip Resistance may be fairly hard to get and needs item stacking to be fully used.
Anti-Slip Coatings Type Outlook
Water-Based
Solvent-Based
Anti-Slip Coatings Epoxy Resin Outlook
PU
Polyaspartic
Acrylic
Anti-Slip Coatings Technology Outlook
Physical
Chemical
Anti-Slip Coatings Application Outlook
Flooring
Marine
Anti-Slip Coatings End-User Outlook
Construction
Anti-Slip Coatings Regional Outlook
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