Market Size of Anti-slip Additives Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 4.00 % |
Fastest Growing Market | North America |
Largest Market | Asia Pacific |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Anti-slip Additives Market Analysis
The market for anti-slip additives is expected to register a CAGR of about 4% globally during the forecast period.
- Increasing applications in industrial flooring and increasing demand from the marine industry are driving the market growth.
- Stringent environmental regulations and other restraints are expected to hinder the growth of the market studied.
Anti-slip Additives Industry Segmentation
The anti-slip additives market report include:
Additive Type | |
Aluminum oxide | |
Silica | |
Other Additive Types |
Additive Nature | |
Powder | |
Aggregate | |
Mix |
Application | |
Buildings and Construction | |
Industrial Flooring | |
Marine | |
Other Applications |
Geography | |||||||
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Anti-slip Additives Market Size Summary
The anti-slip additives market is poised for steady growth, driven by increasing applications in industrial flooring and heightened demand from the marine industry. These additives enhance the skid resistance of coatings without altering their color, performance, or properties, making them suitable for various substrates such as wood, metal, fiberglass, and concrete. The industrial sector, particularly in regions like Asia-Pacific, is a major consumer of these additives, with countries such as China, India, and Japan leading the charge due to rising industrial safety standards. The market is also supported by stringent government regulations aimed at maintaining industrial safety, which further propels the adoption of anti-slip additives in coatings.
Despite the promising growth prospects, the market faces challenges from stringent environmental regulations that could impede its expansion. The Asia-Pacific region is expected to dominate the market, with significant contributions from leading producers like Hempel A/S, BYK(ALTANA), Axalta Coating Systems, Jotun, and Rust-Oleum. The marine industry also presents a substantial application area, with anti-slip additives being used on ship and boat decks to enhance safety. The fragmented nature of the market, with numerous players holding marginal shares, indicates a competitive landscape where innovation and compliance with safety standards are crucial for market participants.
Anti-slip Additives Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Drivers
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1.1.1 Increasing Application in Industrial Flooring
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1.1.2 Increasing Demand from the Marine Industry
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1.2 Restraints
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1.2.1 Stringent Environmental Regulations
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1.2.2 Other Restraints
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1.3 Industry Value Chain Analysis
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products
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1.4.5 Degree of Competition
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2. MARKET SEGMENTATION
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2.1 Additive Type
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2.1.1 Aluminum oxide
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2.1.2 Silica
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2.1.3 Other Additive Types
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2.2 Additive Nature
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2.2.1 Powder
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2.2.2 Aggregate
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2.2.3 Mix
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2.3 Application
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2.3.1 Buildings and Construction
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2.3.2 Industrial Flooring
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2.3.3 Marine
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2.3.4 Other Applications
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2.4 Geography
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2.4.1 Asia-Pacific
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2.4.1.1 China
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2.4.1.2 India
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2.4.1.3 Japan
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2.4.1.4 South Korea
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2.4.1.5 Rest of Asia-Pacific
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2.4.2 North America
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2.4.2.1 United States
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2.4.2.2 Canada
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2.4.2.3 Mexico
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2.4.3 Europe
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2.4.3.1 Germany
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2.4.3.2 United Kingdom
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2.4.3.3 France
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2.4.3.4 Italy
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2.4.3.5 Rest of Europe
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2.4.4 South America
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2.4.4.1 Brazil
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2.4.4.2 Argentina
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2.4.4.3 Rest of South America
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2.4.5 Middle-East and Africa
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2.4.5.1 Saudi Arabia
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2.4.5.2 South Africa
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2.4.5.3 Rest of Middle-East and Africa
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Anti-slip Additives Market Size FAQs
What is the current Anti-slip Additives Market size?
The Anti-slip Additives Market is projected to register a CAGR of 4% during the forecast period (2024-2029)
Who are the key players in Anti-slip Additives Market?
Hempel A/S, BYK(ALTANA), Axalta Coating Systems, Jotun and Rust-Oleum are the major companies operating in the Anti-slip Additives Market.