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Anti-Slip Additives Market Analysis

  • Report ID: GMI8207
  • Published Date: Feb 2024
  • Report Format: PDF

Anti-Slip Additives Market Analysis

Based on type, the market can be divided into aluminium oxide, silica, and others. The segment of anti-slip additives containing aluminum oxide has dominated the anti-slip additive market with a market share of USD 221.7 million owing to its unique characteristics and capabilities in comparison to silica and other options. Aluminum oxide acts as an excellent resistance to abrasion and durability, which makes it extremely useful in areas of heavy foot traffic and harsh conditions. It has fine particle size which allows for smoother surfaces still ensuring effective slip resistance. Moreover, aluminum oxide is chemically inert and safe, which makes it the best choice for the industries consumption. Thus, the aluminum oxide segment is anticipated to experience sustained growth, propelled by its versatility, durability, and compatibility with various coating systems in industries like construction, automotive, and marine.

 

Anti-Slip Additives Market Revenue Share, By Form, (2023)

Based on form, the anti-slip additives market can be further categorized into powder, aggregate and mix. Powder form anti-slip additives hold a dominant position in the market with a market share of about 69% compared to aggregates and mixes due to several factors. The powder form of additive is extremely versatile and is extremely easy to integrate into various coating systems. It can disperse easily and ensure slip resistance in surfaces. Furthermore, their finer particle sizes enable smoother finishes without compromising slip resistance. Additionally, powder form additives demonstrate enhanced compatibility with diverse coating formulations, making them suitable for a broad range of applications in industries like construction, automotive, and marine. These advantages collectively drive the widespread preference for powder form anti-slip additives in the market.

 

Asia Pacific Anti-Slip Additives Market Size, 2021 - 2032 (USD Million)

North America dominated the global anti-slip additives market with a market share of USD 133.3 million in 2023. North American market is set to experience substantial expansion due to strict safety regulations and growing concerns regarding workplace safety. The region has advanced manufacturing facilities and research capabilities which help in launching innovative anti-slip solutions into the markets. With a solid infrastructure and surge in demand across sectors like construction, automotive, and healthcare, North America offers abundant scope for market growth. Additionally, the presence of major industry players and a heavy investment on technological advancements enhance the market's potential for growth, positioning it as a promising region for anti-slip additives.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Global market for anti slip additives was valued at around USD 449.5 million in 2023 and is anticipated to register a CAGR of over 5.2% between 2024 and 2032, propelled by rising safety awareness, and its wide application in various end use industries.

Powder form anti-slip additives segment held a market share of about 69% in 2023 and will continue to gain demand by 2032, as it is extremely versatile and is easy to integrate into various coating systems. It can disperse easily and ensure slip resistance in surfaces.

North America anti slip additives market was worth USD 133.3 million in 2023 and is set to experience substantial expansion through 2032, due to strict safety regulations and growing concerns regarding workplace safety.

Axalta Coating Systems,Associated Chemicals, BYK(Altana), Coo-Var, Hempel A/S, Jotun, PPG Industries, Inc., Rust-Oleum, Saicos Colour GmbH, and Vexcon Chemicals among others.

Anti-Slip Additives Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 532
  • Countries covered: 22
  • Pages: 310
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