Anti-Slip Coatings Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Anti-Slip Coatings Market is segmented by Resin Type (Epoxy, Acrylic, Polyurethane, and Others), by Technology (Water Based, and Solvent Based), by Application (Residential, Commercial, Industrial, and Others), and Geography (Asia-Pacific, North America, Europe, South America, and Middle East & Africa)

Anti-Slip Coatings Market Snapshot

Anti-Slip Coatings Market
Study Period: 2016 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: Asia Pacific
CAGR: 4 %

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Market Overview

The market for anti-slip coatings is expected to grow at a CAGR of about 4% globally during the forecast period. Increasing application in the manufacturing sector and growing safety regulations from the government are driving market growth. On the flip side, stringent environmental regulations are expected to hinder the growth of the market studied.

  • Anti-Slip Coatings market is expected to grow during the forecast period owing to the increasing application in the industrial sector.
  • Asia-Pacific region dominated the market across the globe with the largest consumption from countries such as China, India, and Japan.

Scope of the Report

The Anti-Slip Coatings Market report include: 

 

Resin Type
Epoxy
Acrylic
Polyurethane
Others
Technology
Water Based
Solvent Based
Application
Residential
Commercial
Industrial (Includes Marine)
Others
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa

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Key Market Trends

Growing Application in Industrial Sector

  • Anti-Slip Coatings are coatings used on floor, deck, railings, ramps and other areas for non-slippy nature. It is a coating formulated with a fine texture finish that is durable, easy to clean and chemically resistant. It is suitable for recreational, industrial environments and all other required areas.
  • Anti-Slip Coatings adhere to concrete, metal, wood and other surfaces. It is fire retardant when dry and has excellent chemical resistance to oil, gasoline, acids, caustics, hydraulic fluids, and most solvents.
  • Stringent regulations from government to maintain industrial safety are increasing the application of anti-slip coatings in industries
  • About 296 Approved Cold Chain Projects in Food Processing have been approved in India as on May 2019 creating a major scope for the usage of anti-slip coatings in the industry.
  • Industrial sector leads in the utilization of anti-slip coatings with China, Germany, United States, India, Japan playing a major role in this market.
Anti-Slip Coatings Market Revenue Share

Asia-Pacific Region to Dominate the Market

  • Asia-Pacific region is expected to dominate the market for anti-slip coatings during the forecast period. In countries like China, India, and Japan because of growing industrial safety, the demand for anti-slip coatings has been increasing in the region.
  • The largest producers of anti-slip coatings are located in the Asia-Pacific region. Some of the leading companies in the production of anti-slip coatings are 3M, AkzoNobel N.V., Jotun, Sika AG, Henkel AG & Co. KGaA.
  • According to the Ship Builders Association of Japan, the gross tonnage of ship size covered 14,354 by end of June 2019 which was 15,097 tonnage by the end of December 2018 creating growth in the market of anti-slip coatings.
  • These anti-slip coatings can be used in wet areas, dry areas, clean room areas, and other workspaces as a safety measure in industries.
  • The aforementioned factors coupled with government support are contributing to the increasing demand for anti-slip coatings market during the forecast period.
Anti-Slip Coatings Market Regional Trends

Competitive Landscape

The global anti-slip coatings market is fragmented with players accounting for a marginal share of the market. Few companies include are AkzoNobel N.V., PPG Industries, Axalta Coating Systems, The Sherwin-Williams Company, Jotun.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Increasing Application in Manufacturing Sector

      2. 4.1.2 Growing Safety Regulations from Government

    2. 4.2 Restraints

      1. 4.2.1 Stringent Environmental Regulations

      2. 4.2.2 Other Restraints

    3. 4.3 Industry Value Chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Degree of Competition

  5. 5. MARKET SEGMENTATION

    1. 5.1 Resin Type

      1. 5.1.1 Epoxy

      2. 5.1.2 Acrylic

      3. 5.1.3 Polyurethane

      4. 5.1.4 Others

    2. 5.2 Technology

      1. 5.2.1 Water Based

      2. 5.2.2 Solvent Based

    3. 5.3 Application

      1. 5.3.1 Residential

      2. 5.3.2 Commercial

      3. 5.3.3 Industrial (Includes Marine)

      4. 5.3.4 Others

    4. 5.4 Geography

      1. 5.4.1 Asia-Pacific

        1. 5.4.1.1 China

        2. 5.4.1.2 India

        3. 5.4.1.3 Japan

        4. 5.4.1.4 South Korea

        5. 5.4.1.5 Rest of Asia-Pacific

      2. 5.4.2 North America

        1. 5.4.2.1 United States

        2. 5.4.2.2 Canada

        3. 5.4.2.3 Mexico

      3. 5.4.3 Europe

        1. 5.4.3.1 Germany

        2. 5.4.3.2 United Kingdom

        3. 5.4.3.3 France

        4. 5.4.3.4 Italy

        5. 5.4.3.5 Rest of Europe

      4. 5.4.4 South America

        1. 5.4.4.1 Brazil

        2. 5.4.4.2 Argentina

        3. 5.4.4.3 Rest of South America

      5. 5.4.5 Middle-East and Africa

        1. 5.4.5.1 Saudi Arabia

        2. 5.4.5.2 South Africa

        3. 5.4.5.3 Rest of Middle-East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share/Ranking Analysis**

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 3M

      2. 6.4.2 Axalta Coating Systems

      3. 6.4.3 Akzo Nobel N.V.

      4. 6.4.4 Hempel A/S

      5. 6.4.5 Henkel AG & Co. KGaA

      6. 6.4.6 Jotun

      7. 6.4.7 PPG Industries, Inc.

      8. 6.4.8 Randolph Products Co.

      9. 6.4.9 Sika AG

      10. 6.4.10 The Sherwin-Williams Company

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

    1. 7.1 Development of High Efficient Anti-Slip Coatings

    2. 7.2 Other Opportunities

**Subject to Availability

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Frequently Asked Questions

The Anti-Slip Coatings Market market is studied from 2016 - 2026.

The Anti-Slip Coatings Market is growing at a CAGR of 4% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

Asia Pacific holds highest share in 2020.

Jotun, PPG Industries, Inc., Akzo Nobel N.V., Axalta Coating Systems, The Sherwin-Williams Company are the major companies operating in Anti-Slip Coatings Market.

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