According to Data Bridge Market Research new Market report, global anti- slip coatings market will account to an estimated USD 103.65 million in 2018 growing at a CAGR of 6.75% during the forecast period of 2019 to 2026.
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Anti- Slip Coating is a type of a coating which is used in various substrates and surfaces to prevent slippage. They are chemical liquid solution, powdered covering which increases the friction between surfaces and protect against slips and falls. Many industries use this coating for safety purpose. They are not only slip resistant but are also easy to clean, glossy and are available in different colors. Due to increase in the industrial accidents, there is the increase in the demands of this product.
Global anti-slip market is segmented on the basis of type, resin, end- use industry and geography.
By Type (Solvent-Based, Water-Based), Resin (Epoxy Resin), End-Use Industry (Marine Deck, Construction Flooring, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
FACTORS DRIVING GROWTH IN ANTI- SLIP COATINGS MARKET
Increasing Industrial Accidents
As per study, in United States 2017, 2.4 percent of fatal work injuries involved fires and explosives while 40.35 percent involved transportation incidents. 17.23% work injuries were due to violence and other injuries by person or animals, 15.68% were because of slips, 13.5% because of contact with object or equipment and 10.32% because of the exposure to harmful substances or environment.
Few of the major competitors currently working in the anti-slip coatings are Axalta Coating Systems LLC, The Sherwin-Williams Company, 3M, RPM International Inc., CleanSafe Services, PPG Industries Inc., No Skidding Products Inc., Amstep Products, HEMPEL A/S, Paramelt, Randolph Products, Wooster Products Inc, ITW Polymers Sealants North America, Bonasystems, Industrial Applications Inc., SafeMate Antislip Pty Ltd, Anti-Slip Anywhere, Halo Surfaces Ltd and Diamond Safety Concepts..
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Global Anti-Slip Coatings Market – Industry Trends and Forecast to 2026