Anti-Slip Coatings Market Projected to Reach $161 million by 2023

1. MarketsandMarkets Presents Anti-Slip Coatings Market Projected to Reach $161 million by 2023 https://www.marketsandmarkets.com/Market-Reports/anti-slip-coating-market-54495608.html

2. The report "Anti-Slip Coating Market by Resin (Epoxy, Polyurethane, Polyaspartic & Acrylic), Type (Water-based, Solvent-based), End-use Industry, and Region (North America, Europe, APAC, Middle East & Africa, South America) - Global Forecast to 2023", The anti-slip coating market size is estimated at USD 105 million in 2018 and is projected to reach USD 161 million by 2023, at a CAGR of 6.5% between 2018 and 2023. The growing construction industry and increase in maritime activities are expected to drive the anti-slip coating market. • Browse 187 market data Tables and 30 Figures spread through 137 Pages and in-depth TOC on "Anti-Slip Coating Market - Global Forecast to 2023"Download PDF Brochure : https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=54495608 • Key Market Players: • 3M is one of the leading manufacturers of anti-slip coatings. Coatings offered by the company are used in various end-use industries like construction flooring, marine deck, aerospace, industrial equipment, and packaging. The company’s strong focus on research & development activities is considered to be the major reason for the growth in sales and profit. In 2019, the company plans to invest USD 2 billion in research & development. 3M has its distribution network all over the world and continuously focuses on growth, operational efficiency, and strong customer relationship. On the other hand, Axalta Coating Systems is a core technology driven company and invests a significant share of its budget in research & development. The company believes in serving its customer in a better way by constantly improving and localizing its resources. Hempel has huge investments in new research and development. The company is also actively organizing internal compliance and audits to maintain the quality of the product. It is also focusing on more greener technologies of manufacturing. https://www.marketsandmarkets.com/Market-Reports/anti-slip-coating-market-54495608.html

3. [137 Pages Report] The market for anti-slip coatings is projected to grow from USD 105 million in 2018 to USD 161 million by 2023, at a CAGR of 6.5% during the forecast period. Anti-slip coatings are used on various surfaces such as workshop floors, stairs, scaffolds, and so on. It is wear resistant and resists oils, acids, detergents, and others. Anti-slip coatings can be directly used without the need for any previous mixing. Construction flooring segment is projected to be the fastest-growing end user of anti-slip coatings during the forecast period.According to the national PMI (Project Management Institute), the growth in manufacturing is expected to be more in developed nations. Europe is the strongest performing region. This increase in global manufacturing resulted in increased employment and construction of industrial facilities. Flooring is also an essential part of industrial facilities such as manufacturing plants, offices, restaurants, and warehouses. Increasing industrialization in countries such as India, Taiwan, Malaysia, Brazil, Turkey, South Africa, Norway, Denmark, and Belgium is driving the market for anti-slip coatings. Epoxy resin is estimated to be the largest segment in the overall anti-slip coatings market during the forecast period.Epoxy resin is widely used as protective and performance coatings due to their strong properties such as good adhesion, flexibility, solvent resistance, hardness, and wear and tear strength. It is a predominantly thermosetting resin, which becomes irreversibly hard after curing. In industrial flooring, epoxy resins are preferred as they provide a hard and strong surface to walk. They are used in industries where accidents due to slips are more likely to happen. The growth of epoxy resin-based anti-slip coating depends on the market for protective and performance coating. Traditionally, epoxy coatings have been applied as solvent-borne systems. However, due to the growing importance of reducing VOC (Volatile Organic Compound) emission, the use of water-borne coating is increasing. https://www.marketsandmarkets.com/Market-Reports/anti-slip-coating-market-54495608.html

4. APAC is estimated to account for the largest share of the market during the forecast period. • APAC is estimated to dominate the overall anti-slip coatings market in 2018. The region has emerged as the largest consumer of anti-slip coatings, owing to the growth in demand for anti-slip coatings in countries such as China, Japan, India, South Korea, and Australia. The growing industrialization in these countries is expected to drive the market for anti-slip coatings in the region during the forecast period. The construction sector is expected to grow in the future, especially in countries located in Asia. The global economy is growing and is expected to continue to grow in the near future. With the growth of the economy, the construction market is estimated to experience huge growth, at  an average of 3.5% in the coming 10 years. • Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=54495608 • Recent Developments: • In February 2015, 3M launched its anti-slip floor coating to improve safety. This floor coating combines anti-slip properties with peelable removability. It is a combination of translucent beads and polymer dispersion. • In March 2017, PPG completed its high-performance waterborne and high-solids coatings production line in China. This line enhances the production and service capabilities of PPG’s automotive coatings business for customers in China. • In June 2017, Axalta acquired Valspar Corporation’s North American Industrial Coatings. https://www.marketsandmarkets.com/Market-Reports/anti-slip-coating-market-54495608.html

5. Industry Leaders: The leading players in the anti-slip coatings market are 3M (US), PPG Industries (US), Axalta Coating Systems (US), Hempel A/S (Europe), RPM International (Mexico), Sherwin Williams (US), Amsteps Products (England), Randolph products (UK), No Skidding Products (US), North Central Electric (US), Paramelt RMC B.V  (Netherlands),  Safemate Anti-Slip Pvt. Ltd. (Germany), Skidproof Ltd. (UK), Industrial applications Inc. (UK), Halosurfaces International Ltd. (New Zealand), Wooster Products (US), Anti-slip Anywhere (US), Tesoplas (England), American Safety Technologies (US), and Diamond Safety Concepts (Japan). These players adopted expansions and acquisitions as their key growth strategies from 2015 to 2018, which helped them increase their capacities and cater to the widening customer base. For more Info Visit Our Blog @ https://chemicalsresearchmarket.wordpress.com/Blog Geographical Scenario: APAC to hold the largest market for anti-slip coatings during the forecast period. APAC is one of the most promising markets for anti-slip coatings, both in terms of production and consumption. The availability of raw materials along with significant domestic demand make it the most attractive market, globally. The region has the two most populous countries in the world China and India, which together account for more than 35% of the global population. The growing building & construction and industrial sectors are expected to increase the demand for anti-slip coatings in the region. https://www.marketsandmarkets.com/Market-Reports/anti-slip-coating-market-54495608.html

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