Anti-Slip Coatings Market

• The increasing use of anti-slip coating in various industries is driving market growth.

Market CAGR for Anti-Slip Coatings is expected to grow during the forecast period due to the increase in the usage of anti-slip coatings in the construction industry. The construction industry has emerged as a key end-use segment for anti-slip coatings, as they enhance the slip resistance of various flooring surfaces, such as concrete, tiles, and timber. It is particularly important in high-traffic areas, such as hospitals, schools, and commercial buildings, where the risk of slip and fall accidents is high.

Anti-slip coatings are also used in the construction of infrastructure projects, such as bridges and highways, to improve their safety and durability.

Water-based anti-slip coatings are becoming increasingly popular due to their low volatile organic compound (VOC) content, which makes them environmentally friendly and safe to use in enclosed spaces. They are also easy to apply and provide excellent slip-resistance properties. Additionally, water-based anti-slip coatings have been mandated in some countries to comply with stringent environmental regulations, further driving their demand.

Technological advancements are driving innovation in the anti-slip coatings market, with manufacturers introducing new products that offer improved slip resistance, durability, and ease of application. Increasing the awareness of workplace safety, stringent occupational safety regulations, and the rising demand for eco-friendly and sustainable coatings.

For instance, some companies are developing anti-slip coatings that can be applied to wet surfaces, providing an added level of safety in areas prone to wetness or spills. Additionally, nanotechnology enables the development of coatings with superior slip resistance properties and antibacterial and anti-fungal properties, making them ideal for use in healthcare and food processing industries to drive the Anti-Slip Coatings market revenue.

April 2024

An announcement on the launch of Topshield's CraftGrade Independence underlayment was made yesterday, on Monday. Topshield is a firm that makes materials for roofing and siding. It is intended to be "35 times stronger and eight times lighter than 30-pound felt," as stated in a news statement that was sent by the company on April 8th.

CraftGrade, which is the top product line offered by Topshield, said that the structure of the underlayment ensures that it is resistant to rips and the elements for a considerable amount of time. In addition, a coating that has anti-slip properties and also has skid-resistant properties may assist in preventing slips and falls.

The underlayment is simpler to handle during the installation process as a consequence of its lower weight, which ultimately results in a method that is more efficient and effective. When compared to a standard felt roll weighing thirty pounds, it offers seventeen percent greater coverage on each course. In addition to this, it has a high water-repellency, which reduces the possibility of warping, wrinkles, and cracking when exposed to cold weather. A building product is considered to be "green" if it is fully inorganic, does not deteriorate or mold, and does not include any organic content.

The Global Anti-Slip Coatings Market Industry is poised for substantial growth, with projections indicating a market value of 0.22 USD Billion in 2024 and a potential increase to 0.4 USD Billion by 2035. This growth trajectory reflects the increasing demand for safety solutions across various sectors, driven by regulatory requirements and heightened awareness of slip hazards. The anticipated compound annual growth rate (CAGR) of 5.54% from 2025 to 2035 further underscores the market's potential. As industries continue to prioritize safety and invest in anti-slip solutions, the market is likely to expand significantly in the coming years.

The increasing emphasis on safety regulations across various industries appears to drive the Global Anti-Slip Coatings Market Industry. Governments worldwide are implementing stringent safety standards to mitigate slip and fall accidents, particularly in sectors such as construction, manufacturing, and healthcare. For instance, the Occupational Safety and Health Administration (OSHA) has established guidelines that necessitate the use of anti-slip solutions in workplaces. This regulatory push is expected to contribute to the market's growth, with projections indicating a market value of 0.22 USD Billion in 2024, potentially reaching 0.4 USD Billion by 2035.

Technological advancements in anti-slip coating formulations appear to enhance the performance and applicability of these products within the Global Anti-Slip Coatings Market Industry. Innovations such as the development of eco-friendly and durable coatings are gaining traction, appealing to environmentally conscious consumers and industries. These advancements not only improve slip resistance but also extend the lifespan of coatings, making them a cost-effective solution. As manufacturers invest in research and development, the market is likely to witness an influx of superior products, further driving growth and adoption across various sectors.

The construction sector's robust growth is likely to bolster the Global Anti-Slip Coatings Market Industry. As urbanization accelerates, the need for safe flooring solutions in residential and commercial buildings becomes paramount. Anti-slip coatings are increasingly utilized in high-traffic areas, such as staircases and walkways, to enhance safety. The construction industry's expansion, driven by infrastructure development and housing projects, suggests a rising demand for these coatings. This trend aligns with the projected compound annual growth rate (CAGR) of 5.54% from 2025 to 2035, indicating a sustained interest in anti-slip solutions.

The versatility of anti-slip coatings across multiple industries appears to be a significant driver for the Global Anti-Slip Coatings Market Industry. These coatings find applications in sectors such as automotive, marine, and hospitality, where safety is paramount. For example, anti-slip coatings are utilized on boat decks to prevent slips in wet conditions and in hotels to enhance guest safety. This broad applicability suggests a growing market potential, as various industries seek to implement safety measures. The anticipated CAGR of 5.54% from 2025 to 2035 indicates a promising outlook for the market as diverse sectors continue to adopt these solutions.

The heightened awareness of workplace safety among employers and employees seems to significantly influence the Global Anti-Slip Coatings Market Industry. Organizations are increasingly prioritizing safety measures to reduce workplace accidents and associated costs. This shift in focus has led to the adoption of anti-slip coatings in various environments, including warehouses, factories, and retail spaces. As businesses recognize the financial implications of slip and fall incidents, the demand for effective anti-slip solutions is expected to rise. This trend is likely to contribute to the market's growth trajectory, aligning with the anticipated market value of 0.22 USD Billion in 2024.

By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. North America dominates the Anti-Slip Coatings market in terms of revenue and market due to the presence of key manufacturers in the region. The rising number of residential and commercial construction projects in the region is driving the demand for anti-slip coatings. The growing demand for eco-friendly and sustainable coatings is also expected to boost market growth in the region.

Further, the US Anti-Slip Coatings market held the largest market share, and the Canada Anti-Slip Coatings market was the fastest-growing market in the North American region.

Further, the major countries studied in the market report are The US, Canada, Germany, France, the UK, Italy, Spain, the Rest of Europe, China, Japan, India, Australia, the Rest of Asia-Pacific, the Middle East, Africa, and Latin America.

Figure 2: Anti-Slip Coatings Market SHARE BY REGION 2022 (%) Source: Secondary Research, Primary Research, Market Research Future Database, and Analyst Review

Europe's Anti-Slip Coatings market is expected to have significant growth in the region. Due to the growth of the automotive and marine industries in the region, the increasing demand for anti-slip coatings is attributed to the need for safety, durability, and protection from harsh weather conditions. The region is also witnessing increased demand for eco-friendly and sustainable coatings, expected to drive market growth. Further, the German Anti-Slip Coatings market held the largest market share, and the UK Anti-Slip Coatings market was the fastest-growing market in the European region.

The Asia-Pacific Anti-Slip Coatings marketwill grow fast during the forecast period. The growth can be measured through the rising demand from the region's construction, automotive, and aerospace industries. The increasing construction activities and surge in demand for eco-friendly and sustainable coatings are driving the demand in this region. Moreover, China’s Anti-Slip Coatings market held the largest market share, and the Indian Anti-Slip Coatings market was the fastest-growing market in the Asia-Pacific region.

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Anti-Slip Coatings market, grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. The Anti-Slip Coatings industry must offer cost-effective items to expand and survive in a more competitive and rising market climate.

Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the Anti-Slip Coatings industry to benefit clients and increase the market sector. Major players in the Anti-Slip Coatings market, including Hempel A/S (Denmark), Amstep Products (US), 3M (US), Randolph Products (US), PPG Industries, Inc. (US), Axalta Coating Systems (US), No Skidding Products Inc. (Canada), Paramelt (The Netherlands), RPM International Inc. (US), Tesoplas (UK), No Skidding Products Inc. (Canada), Anti-Slip Anywhere (Canada), Safemate Anti-Slip SkidProof Ltd (Melbourne)., and others, are attempting to increase market demand by investing in research and development operations.

Marazzi, founded in 1935, and located in Sassuolo, is the best-known brand in the ceramic tile industry. It is universally recognized as synonymous with quality ceramic tiles and symbolizes the best Italian style and manufacturing in interior decoration and design. Marazzi has been responsible for the ceramic tile industry's main technological, process, and design innovations. In May 2021, Marazzi, a popular Italian company, introduced five new collections of advanced porcelain and ceramic tiles, such as antibacterial tiles with anti-slip coatings that resemble high-gloss stone-effect tiles and wood floorboards.

The brand has designed Oltre, a porcelain tile similar to the oak floorboard, with slip-resistant coating, an ultra-matt finish, and antibacterial properties to improve cleanliness. The tiles have a luminous finish; however, they feature the company's Stepwise coating that helps create an anti-slip surface.

Empowera is a leading adhesive and coatings manufacturing company based in New Delhi, India. For nearly 35 years, Empowera has driven the use of water-based adhesives, coatings, and emulsions in various industries. Our core competency lies in manufacturing high-quality water-based polymer emulsions and pioneering their use in industrial adhesives and coatings. In October 2021, Empowera (India) introduced functional water-based coatings to replace PE coatings or plastic film lamination. For this reason, their application will be extensive in sectors like pharmaceuticals, cosmetics, and food for packaging purposes.

These coatings provide various features, including anti-slip, matt, anti-microbial high-gloss, grease and water resistance, high adhesion, alcohol resistance, anti-blocking, soft touch, and others to cater to the customers' every coat requirement.