Anti-Slip Coatings Market Size 2020: COVID-19 Analysis, Data by Production, Revenue, Price and Gross Margin
Market
Synopsis
Growing incidences of slip and falls
is a major concern in commercial and residential buildings. Anti-slip coatings
create safe environment for employees. In addition to adequate slip resistance
of floors, it also offers glossy surfaces and are available in different
colors. It reduces accidents caused on high slippery surfaces such as stairs,
rails, manufacturing sites. They also help in easy cleaning of floors. Superior
quality anti-slip coatings are scratch resistant and have longer shelf-life.
Based on type, the Anti-Slip
Coatings Market has been classified into water-based
and solvent-based. The solvent-based segment dominated the market in 2017 owing
to its aesthetic appeal, durability, and safe coatings to protect from falls in
slippery surfaces. They are widely used on construction flooring. The
water-based segment is expected to register the highest CAGR in the coming year
owing to its eco-friendly nature, low-cost and maximum bondability.
By epoxy resin, the global
anti-slip coatings market has been categorized into polyurethane resin,
polyaspartic, acrylic, and others. The polyurethane resin is expected to be the
largest and fastest-growing segment during the forecast period owing to high
flexibility, excellent wear and tear strength, good adhesion, and high solvent
resistance. It becomes irreversibly hard after curing and thus is largely used
in industrial flooring as they offer a hard and slip resistant surface to walk.
On the basis of application, the global
anti-slip coatings market has been divided into flooring,
marine, and others. The flooring segment accounted for the largest market share
in 2017 and is likely to grow at a healthy CAGR during the review period owing
to growing demand for the product in industrial, commercial, and residential
buildings. These coatings are used to avoid any accident or injury caused by
slipping, falling, or tripping.
Based on end-use indsutry, the global anti-slip coatings market has been
segmented into healthcare construction,
sports, and others. The construction industry held for the largest market share
in 2017 and is anticipated to register a significant CAGR during the assessment
period owing to growing safety awareness in industries and residential
buildings.
Competitive Analysis
Top PLayers
·
Hempel A/S
·
Amstep
Products
·
3M
·
Randolph
Products
·
PPG
Industries Inc.
·
Axalta
Coating Systems
·
No Skidding
Products Inc.
·
Paramelt
·
RPM International
Inc.
·
Tesoplas
·
No Skidding
Products Inc.
·
Anti-Slip
Anywhere
·
Safemate
Anti-Slip SkidProof Ltd
Market Segmentation
By type, the
Global Anti-Slip Coatings Market has been
bifurcated into water-based and solvent-based.
On the basis of
epoxy resin, the global anti-slip coatings market has been classified into polyurethane resin, polyaspartic, acrylic, and
others.
By end-use
industry, the Global Anti-Slip Coatings Market has been segmented into healthcare
construction,
sports, and others.
The Global
Anti-Slip Coatings Market has been studied
across five major regions, namely, Asia-Pacific,
North America,
Europe, Latin America, and the Middle East & Africa.
Regional Analysis
Geographically, the Global Anti-Slip Coatings Market has been
studied across the five regions —Asia-Pacific, North
America, Latin America, Europe, and the Middle East & Africa.
The Asia-Pacific market witnessed the
largest market share in 2017 and is projected to grow at the highest CAGR
during the forecast period owing to the growing construction activities in the
region. Growing urbanization and industrialization is projected to propel the
regional market growth. In addition to this, growing safety regulations in
workplace and medical sectors is further anticipated to favor the regional
market growth. China is the major contributor in the region followed by India,
Japan, and South Korea owing to growing residential complexes in the region.
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