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The anti-slip coatings market size is estimated to grow by USD 21.7 million at a CAGR of 3.15% between 2023 and 2028. The market is experiencing significant growth, driven by the increasing demand for these coatings in the Asia Pacific region, particularly in industries such as construction, manufacturing, and transportation. Market consolidation through mergers and acquisitions is also a notable trend, as key players seek to expand their market share and enhance their product offerings. However, the market faces a high threat of substitutes, including alternative flooring materials and natural textures. Additionally, stringent regulations regarding workplace safety and increasing awareness of the importance of safety in various industries are fueling the demand for anti-slip coatings. Despite these challenges, the market is expected to continue growing, driven by the need for improved safety and performance in various applications.
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The market is witnessing significant growth due to the increasing demand for safety in various industries and sectors. These coatings are applied on flooring surfaces to prevent Slips and falls, especially in industrial facilities where workplace safety is a major concern. The market is diverse, with various types of resins used, including Epoxy, Polyurethane, Polyaspartic, Acrylic, and Water-based. Solvent-based coatings have been traditionally used, but the shift towards eco-friendly Water-based Anti-Slip Coatings is on the rise due to stricter safety regulations and VOC content concerns. Top brands in the market include Topshield, catering to roofing and siding, and those specializing in flooring surfaces. Anti-Slip Coatings find extensive applications in Public places, Residential buildings, Industrial and commercial areas, and even in areas with Wheeled traffic and Pedestrians. They offer benefits such as Water repellency, Acid resistance, Alkalis resistance, and Corrosive chemicals resistance. The market growth is driven by the need for safety in various sectors and the increasing awareness of the importance of preventing Slips and falls. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Growing demand for anti-slip coatings in APAC is notably driving market growth.
The market is experiencing significant growth in countries such as China, India, Indonesia, Taiwan, the Philippines, Brazil, and Mexico. The expansion of industries, particularly construction, manufacturing, and transportation, in these regions is driving the demand for anti-slip coatings. These coatings provide a high coefficient of friction and durability, enhancing safety by preventing slips and falls. Moreover, their high chemical resistance makes them suitable for use in the construction and marine industries.
Furthermore, in the marine sector, anti-slip coatings are employed in boat decks, ramps, stowage areas, and walkways due to their excellent resistance to abrasion and anti-slip finish. Anti-slip coatings come in two primary types: water-based and solvent-based. Water-based anti-slip coatings offer eco-friendly benefits, while solvent-based coatings provide a faster curing time. Both types offer superior resistance to alkalis and corrosive chemicals, making them ideal for various applications, including car parking areas, sports grounds, floor marking, stairs, workshop floors, and scaffolds. Anti-slip panels are also gaining popularity due to their ease of installation and cost-effectiveness. Thus, such factors are driving the growth of the market during the forecast period.
Market consolidation through merger and acquisition is the key trend in the market. The market witnesses continuous growth due to the increasing demand for safety and durability in various industries. Vendors employ mergers and acquisitions (M&A) strategies to expand their product offerings, enhance geographical reach, and boost production capabilities. In June 2022, Sherwin-Williams completed the acquisition of Gross&Perthun GmbH, expanding its product portfolio and strengthening its distribution network in North America.
Similarly, in August 2021, Sherwin-Williams acquired Sika AG's industrial coating business, aiming to optimize resources and improve production efficiency. These acquisitions underscore the competitive landscape, where manufacturers seek to provide anti-slip solutions with superior alkalis resistance and corrosive chemicals resistance for diverse applications, such as car parking areas, sports grounds, floor marking, stairs, workshop floors, scaffolds, and anti-slip panels. Both water-based and solvent-based anti-slip coatings cater to the market's demand for versatile solutions that provide excellent grip and resistance to water and other hazardous substances. Thus, such trends will shape the growth of the market during the forecast period.
High threat of substitutes is the major challenge that affects the growth of the market. The market is experiencing significant growth due to the increasing demand for anti-slip panels and sheets. These panels are installed on slippery floors to prevent accidents caused by slips and falls. Anti-slip panels offer numerous advantages, including excellent impermeability, ease of installation, electrical insulation, and resistance to corrosive chemicals.
Furthermore, these properties make them ideal for flooring systems in construction and marine applications, as well as car parking areas, sports grounds, stairs, workshop floors, and scaffolds. Anti-slip panels are often manufactured using reinforced plastic (FRP) and glass-fiber reinforced plastic (GRP), which provide enhanced durability and strength. Water-based and solvent-based anti-slip coatings are also available for various applications. The high scratch resistance and ease of cleaning of these panels have contributed to their popularity. Hence, the above factors will impede the growth of the market during the forecast period
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
3M Co. - The company offers anti-slip tapes and treads 600 series for heavy shoe traffic areas.
The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitativ and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The Water-based segment is estimated to witness significant growth during the forecast period. Water-based anti-slip coatings are a popular choice for enhancing safety in various industries and applications due to their unique properties. These coatings utilize water as the primary solvent to dissolve additives and resins, such as Epoxy, Polyurethane, Polyaspartic, Acrylic, and Polymer emulsions. The result is a high coefficient of friction that provides quick-drying, semi-gloss, and durability to various substrates, including industrial facilities' concrete floors, manufacturing plants' ramps and walkways, offices, restaurants, and warehouse floors.
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The Water-based segment was the largest segment and was valued at USD 80.20 million in 2018. Water-based anti-slip coatings contain more than 80% water in their formulation, with less than 10% of other solvents, including glycols. This low or no solvent content makes them compliant with VOC-related regulations, ensuring workplace safety. The non-toxic nature of these coatings is an added advantage, particularly in high-traffic areas, such as marine decks, aerospace, and industrial equipment, where safety regulations are stringent. These coatings are also suitable for public places, residential buildings, and various applications where water repellency and acid resistance are essential. For instance, water-based anti-slip coatings are used in roofing and siding, antibacterial tiles, water-based adhesives, and functional water-based coatings. In addition, they are used in various industries, including pharmaceuticals, cosmetics, and food packaging, to prevent slips and falls caused by wheeled traffic and pedestrians. Water-based anti-slip coatings offer several advantages over solvent-based coatings. They have a lower VOC content, resulting in fewer health issues. Furthermore, they are environmentally friendly and have a lower carbon footprint. Overall, water-based anti-slip coatings provide an effective and sustainable solution for enhancing safety and functionality in various applications.
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APAC is estimated to contribute 38% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
The market encompasses a range of resin-based formulations, including Epoxy, Polyurethane, Polyaspartic, Acrylic, and Water-based options. These coatings are applied to various surfaces in Industrial facilities and Manufacturing plants, Offices, Restaurants, Warehouses, and other public places to enhance safety. Epoxy resin, a popular choice, offers superior adhesion and durability. However, its Volatile Organic Compound (VOC) content can pose environmental concerns. Water-based anti-slip coatings, such as those based on PE coatings, polymer emulsions, and functional water-based coatings, address these concerns. They provide water repellency, acid resistance, and slip resistance, making them suitable for marine decks, aerospace, and industrial equipment. Topshield, a leading brand, offers antibacterial tiles and water-based adhesives for added health benefits. Slips and falls pose significant risks in workplaces, especially in areas with wheeled traffic and pedestrian footfall. Anti-slip coatings help mitigate these risks, ensuring workplace safety. In addition to industrial applications, these coatings find use in roofing and siding, pharmaceuticals, cosmetics, and food packaging. Polymer films and laminates also benefit from anti-slip coatings for enhanced functionality.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion " for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Anti-Graffiti Coatings Market: Analysis North America, Europe, APAC, South America, Middle East and Africa - US, China, Canada, Germany, Japan, Mexico - Size and Forecast
Industrial Anti-scaling Chemicals Market: Analysis APAC, North America, Europe, Middle East and Africa, South America - US, China, Japan, India, Germany - Size and Forecast
Vinyl Flooring Market: Analysis APAC, North America, Europe, Middle East and Africa, South America - US, China, Germany, Japan, India - Size and Forecast
Anti-slip coatings are essential for ensuring safety in various industries and applications. These coatings are available in different types, including Epoxy, Polyurethane, Polyaspartic, Acrylic, and Water-based. Each type offers unique benefits, such as Epoxy resin's high durability and resistance to chemicals, or Water-based anti-slip coatings' lower Volatile Organic Compound (VOC) content and water repellency. Industrial facilities, Manufacturing plants, Offices, Restaurants, Warehouses, and other establishments use these coatings to prevent Slips and falls caused by Wheeled traffic and Pedestrians. Anti-slip coatings are crucial in public places, such as marine decks, Aerospace, and industrial equipment, where safety regulations demand high safety standards. Epoxy resin, Polymer emulsions, and PE coatings are popular choices for industrial applications due to their durability and resistance to wear and tear. Water-based anti-slip coatings are suitable for flooring surfaces in offices, restaurants, and residential buildings.
Furthermroe, they also offer antibacterial properties, making them ideal for use in pharmaceuticals, cosmetics, and food packaging. Functional water-based coatings, such as Topshield, are used in roofing and siding applications to provide an additional layer of safety. PE coatings are also used in plastic film lamination for added slip resistance. Slips and falls can be costly and potentially dangerous, making the use of anti-slip coatings a wise investment for any business or organization. Polyaspartic and Acrylic anti-slip coatings offer excellent slip resistance for pedestrian traffic in public places. They are also suitable for marine deck applications due to their high resistance to water and chemicals. Water-based adhesives are another type of anti-slip coating that can be used in various applications, including industrial equipment and pharmaceuticals. Anti-slip coatings are available in both Water-based and Solvent-based options. Water-based coatings have a lower VOC content, making them a more eco-friendly choice. However, Solvent-based coatings offer faster curing times and higher initial slip resistance. In conclusion, anti-slip coatings are essential for ensuring safety in various industries and applications. They come in different types, including Epoxy, Polyurethane, Polyaspartic, Acrylic, and Water-based, each with unique benefits. These coatings are used in various industries, including manufacturing, food packaging, and aerospace, to prevent Slips and falls caused by Wheeled traffic and Pedestrians. They are also available in different forms, including water-based adhesives and PE coatings, and offer additional benefits such as water repellency, acid resistance, and antibacterial properties.
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Market Scope |
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Report Coverage |
Details |
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Page number |
149 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 3.15% |
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Market growth 2024-2028 |
USD 21.7 million |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
3.01 |
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Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
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Performing market contribution |
APAC at 38% |
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Key countries |
China, US, India, Germany, and Japan |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
3M Co., Akzo Nobel NV, Amstep Products, Anti Slip Anywhere, Axalta Coating Systems Ltd., Diamond Safety Concepts, Halo Surfaces International Ltd, Hempel AS, Illinois Tool Works Inc., Industrial Applications Inc, Lysis Technologies Ltd, No Skidding Products Inc, PPG Industries Inc., Randolph Products Co, RPM International Inc., Safemate Anti Slip, SkidProof Ltd, Ter Group, The Sherwin Williams Co., and Wooster Products Inc |
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Market dynamics |
Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for market forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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