Anti-Slip Additives Market Predicted to Witness Surge in The Near Future, MarketsandMarkets™ Report

Anti-Slip Additives Market Predicted to Witness Surge in The Near Future, MarketsandMarkets™ Report
Browse 87 market data Tables and 33 Figures spread through 128 Pages and in-depth TOC on “Anti-Slip Additives Market”
Anti-Slip Additives Market by Type (Aluminium Oxide, Silica, Others (Polymer Grits/Beads, Pulverized Plastic, Crushed Glass)), Application (Construction Flooring, Marine Deck), and Region (APAC, Europe, North America)

The global anti-slip additives market is estimated to be USD 355.1 million in 2018 and is projected to reach USD 444.7 million by 2023, at a CAGR of 4.6% from 2018 to 2023. Rising population and increasing urbanization are the major driving factors for the anti-slip additives market. The market is also driven by increasing industrialization, which is strengthening the demand for anti-slip additives, globally.

By type, the aluminum oxide segment is estimated to account for the largest market share in 2018, in terms of value, whereas, the silica segment is projected to grow at the highest CAGR between 2018 and 2023. The expected high growth of the silica segment is attributed to its easy availability, high anti-slip effect, and high durability. Silica can be used in a range of floor coating applications and provides improved slip resistance as compared to its alternatives.

Get PDF Brochure for Research Insights at https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=139762995  

By application, the marine deck segment is projected to grow at the highest CAGR during the forecast period, in terms of value. The increase in trade activities and infrastructural developments in the maritime industry (in the form of increasing port network) are leading to a large number of ships moving around seas. This is leading to a high demand for safety on marine decks, which can be achieved by using coatings with anti-slip effect.

Key players operating in the global anti-slip additives market include BYK Chemie GmbH (Germany), PPG Industries, Inc. (US), Hempel A/S (Denmark), Rust-Oleum Corporation (US), Axalta Coating Systems Ltd. (Austria), and Vexcon Chemicals (Japan). Expansions and new product launches were the key growth strategies adopted by the leading market players between 2016 and 2018. BYK Chemie, Rust-Oleum, and Axalta Coating Systems were the major players who adopted these strategies to strengthen their market penetration and gain customer confidence.

Get the Latest Version of the Report and be ahead of Your Competitors at https://www.marketsandmarkets.com/RequestNewVersion.asp?id=139762995 

BYK Chemie GmbH is a key player in the global anti-slip additives market. The company offers a comprehensive range of anti-slip additives for various end-use applications, such as construction flooring, marine deck, and wood coating. In July 2017, BYK inaugurated its integrated site, which combines technical services, R&D, administrative functions, and logistics under one roof, in Shanghai Chemical Industry Park, China. The expansion will help BYK provide high-quality products and services, thereby strengthening its foothold in Greater China and the whole Asia Pacific region. The site is scheduled to become operational in the second half of 2018.

Rust-Oleum Corporation is another leading manufacturer in the anti-slip additives market. The company mostly engages in new product launches to gain customers’ confidence and expand its business globally. It has been focusing on developing innovative anti-slip additive products. In August 2017, the company launched a new line of industrial-strength options, including an anti-skid additive useful for high traffic areas or shop environments. These additives create a slip-resistant surface and add texture to interior floor coatings.

Request for Bundle Report at https://www.marketsandmarkets.com/RequestBundleReport.asp?id=139762995 

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 Micro Quadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Media Contact
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/anti-slip-additive-market-139762995.html