The global anti-slip coating market size was USD 140.5 Million in 2021 and is expected to register a revenue CAGR of 6.2% over the forecast period, according to latest report by Reports and Data. Advancements in technology, and rapid urbanization and industrialization are some key factors driving global anti-slip coating market revenue growth. Slipping is one of the most important causes of on-job injuries and fatalities, and as a result, anti-slip coatings are gaining traction for various applications in both industrial and commercial sectors. These coatings are engineered to meet the requirements of Americans with Disabilities Act (ADA) and Occupational Safety and Health Administration (OSHA) guidelines, recognized for preventing slips and falls. Anti-slip coatings have different properties, such as resistance to water and corrosion, and they have a layer of protection against salts and destructive synthetic compounds. Additionally, they contain aluminum oxide, sand, and carborundum, which provide resistance against oils, acids, cleansers, or any fluids, and they do not need any premixing. The life span of the surface on which anti-slip coating is applied increases, and it also becomes more durable.
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Top Players in the Global Anti-Slip Coating Market:
Sherwin-Williams, 3M, AI Coatings, Jotun, Henkel Corporation, Rust-Oleum, MEBAC, Randolph Products, American Safety Technologies, and Amstep Products.
Some Key Highlights From the Report
- Epoxy coating is the most extensively used anti-slip coating, and it provides a satin finish and anti-slippery surface. Properties such as flexibility, hardness, strength against wear and tear, and solvent resistance make epoxy the mostly used anti-slippery coating among all other available options.
- The industrial segment is expected to account for largest revenue share in the global market over the forecast period. Slips and falls resulting in injuries and potential fatalities are a common phenomenon in various industries. Anti-slip coatings can be used on any surface, such as on metals, wood, concrete, ceramic and other tiles, vehicle floor mats, and pallet liners, among others, to prevent injuries caused by slips and falls.
- Asia-Pacific market accounted for largest revenue share in the global anti-slip coating market in 2021. This can be attributed to the presence of major companies, such as 3M, Jotun, Henkel AG Co. Akzo Nobel N.V, and Sika AG, in countries in the region. Governments of various countries is Asia-Pacific are also undertaking initiatives to reduce the rate of accidents caused by fluid spills. These factors are driving revenue growth of the Asia-Pacific market.
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Market segmentation based on Resin Outlook:
- Epoxy
- Polyurethane
- Polyaspartic
- Others
End-Use Outlook:
- Construction Flooring
- Marine Deck
- Industrial Building
- Others
Technology Outlook:
- Water-based
- Solvent-based
Application Outlook:
- Residential
- Commercial
- Industrial
- Others
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
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Frequently Asked Questions Answered in the Report:
- What is the estimated revenue growth rate of the global Anti-Slip Coating market over the forecast period?
- What are the major factors driving the global market revenue growth?
- Which are the leading manufacturers and suppliers in the global Anti-Slip Coating market?
- Which regional market is expected to lead in terms of revenue share in the global Anti-Slip Coating market over the forecast years?
- What are the key outcomes of SWOT analysis and Porter’s Five Forces analysis of the market?
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