Analysis of Anti-Slip Additives market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Anti-slip additives are also called 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 of fall accident, 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.
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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 the construction industry, anti-slip additives market growth is also driven by the increasing demand from the 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 the 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 the 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 participants of anti-slip additives market introduced a new anti-slip additives technology in the market that was meant for flexible packaging applications.
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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.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. Report also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, type, grit-size and application.
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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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On the basis of type, the global Anti-Slip Additives market can be segmented as:
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:
Anti-Slip Additives Market Participants
Some of the market participants identified across the value chain of global anti-slip additives market are
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Increasing application in end-use industries like automotive and construction to drive the growth of the market.
Asia Pacific accounts for a leading share of the global anti-slip additives market.
Some of the market participants of the global anti-slip additives market are Duckback, Altana, Rust-Oleum, and Tennant Coatings.
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