Anti-Slip Additives Market Introduction
Anti-slip additives are also called as anti-skid, traction or non-slip additives as they are added to provide high coefficient friction or resistance to a high glossy or slippery surface. Anti-slip additives add texture to the coated surface or floor in order to reduce slip that is a major cause fall accidents especially from wet floors. Anti-slip additives market is wide as it has products are based on different kinds of formulations such as silica, aluminium oxide, fatty amides, waxes or polymers among others. Polycarbonates and polypropylene are the two major types of anti-slip additives based on polymers. Anti-Slip additives are extensively used in applications such as flooring, packaging, and paints and coatings among others.
Anti-Slip Additives Market Dynamics
Anti-Slip Additives Market Drivers
The growth of anti-slip additives market can be attributed to the development of civic infrastructure across the geographies. Large amounts of population is moving to urban areas for employment and better standards of living. Therefore, as a result of globalization, the construction of infrastructure has increased drastically. This has created a demand for ingredients and additives that are used to make the flooring or other infrastructure more consumer friendly. As a consequence, there is an upsurge in the demand for anti-slip additives from engineers and builders of the construction industries.
Besides growing demand from construction industry, anti-slip additives market growth is also driven by the increasing demand from paints and coating industry which uses anti-slip additives for the addition of texture and traction to the paints and coatings. The paints and coatings industry is growing at a global level because of increasing demand from industries such as automotive and this growth is expected to directly impact the growth of anti-slip additives market and hence, drive the market.
Anti-Slip Additives Market Restraints
There are other options available that can be used as an alternative to the anti-slip additives. For instance, the trend of wooden flooring instead of using tiles can restrain the sales of anti-slip additives as wood has friction of its own and does not require the addition of anti-slip additives to reduce slip.
Anti-Slip Additives Market Trends
Anti-slip additives market is highly fragmented and also includes manufacturers that actively participate in research and development for introduction of new technologies related to the anti-slip additives market in order to expand their product portfolio and increase their competitiveness.
For instance, in the month of October, 2016, one of the key participant of anti-slip additives market introduced a new anti-slip additives technology in the market that was meant for flexible packaging applications.
Anti-Slip Additives Market Segmentation
On the basis of type, the global Anti-Slip Additives market can be segmented as:
- Aluminium Oxide
- Fatty Amides
- Polymer Anti-Slip Additives
- Others (water based, etc.)
On the basis of grit-size, the global anti-slip additives market can be segmented as:
On the basis of application, the global anti-slip additives market can be segmented as:
- Food and Beverage
- Consumer Goods
- Concrete Sealers
- Paints and Coatings
Anti-Slip Additives Market Participants
Some of the market participants identified across the value chain of global anti-slip additives market are
- Tennant Coatings
- The Sherwin-Williams Company
- Protective Industrial Polymers
- Boero Bartolomeo S.p.A.
- Ampacet Corporation
- LATICRETE International, Inc
- The Euclid Chemical Company
Anti-Slip Additives Market Regional Outlook
As a result of the development of economies, infrastructure, and industries such as construction, paints and coatings, and packaging among others in China, East Asia is expected to dominate the global anti-slip additives market in terms of consumption. Also, economical production, availability of labor and raw material in rest of the Asian countries such as India is expected to result in significant production and consumption of anti-slip additives in South Asia. Following these regions in the global anti-slip additives market would be North America and Europe which account for a fair share of industries that consume anti-slip additives.
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