Global Anti-Slip Coatings Market 2019-2023 | 6% CAGR Projection Over the Next Five Years | Technavio

Technavio has announced its latest market research report titled global anti-slip coatings market 2019-2023. (Graphic: Business Wire)

LONDON--()--The global anti-slip coatings market is expected to post a CAGR of more than 6% during the period 2019-2023, according to the latest market research report by Technavio.

A key factor driving the growth of the global anti-slip coatings market size is the growth in the global construction industry. Anti-slip coatings are extensively used in construction flooring to avoid accidents by slipping and tripping. Some of the factors that make anti-slip coating suitable for the use in the construction industry are high strength, durability, and impact resistance. Thus, the rising number of residential and non-residential construction projects is fueling the consumption of anti-slip coatings, leading to market growth.

As per Technavio, the growing preference for nanoparticle-based anti-slip coatings will have a positive impact on the market and contribute to its growth significantly over the forecast period. This global anti-slip coatings market 2019-2023 research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.

Global Anti-Slip Coatings Market: Growing Preference for Nanoparticle-Based Anti-Slip Coatings

Nanoparticle-based anti-slip coatings are gaining immense popularity as they provide excellent durability, abrasion resistance, and improved lifespan. This makes them suitable for interior and exterior applications, ramps entryways, and food preparation areas. Nanoparticles-based anti-slip coatings can also be used in wet-prone areas such as spas, swimming pools, and leisure centers. Thus, the preference for nanoparticle-based anti-slip coatings is increasing, which will fuel the growth of the overall anti-slip coatings market during the forecast period.

“Apart from the growing preference for nanoparticle-based anti-slip coatings, other factors such as the rise of DIY home improvement, and the market consolidation through M&A among vendors will have a significant impact on the anti-slip coatings market growth during the forecast period,” says a senior analyst at Technavio.

Global Anti-Slip Coatings Market: Segmentation Analysis

This market research report segments the global anti-slip coatings market by type (water-based and solvent-based) and geographic regions (APAC, Europe, North America, South America, and MEA).

The APAC region led the anti-slip coatings market in 2018, followed by Europe, North America, South America, and MEA respectively. The growth of the anti-slip coatings market in APAC can be attributed to several factors such as the rise in commercial and residential construction, growing investments in infrastructure development, and the growing initiatives by governments to increase construction activities.

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Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com

Release Summary

The global anti-slip #coatingsmarket is expected to post a CAGR of more than 6% during the period 2019-2023, according to Technavio.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com