Global Anti-slip Coatings Market: Overview

The global anti-slip coatings market is experiencing high demand due to rapid growth in industrialization. Growing application of anti-slip coatings in stairs, workshop floors, scaffolds, and various others creates new options for growing this market as well. Another significant factor is the resistant of magnet wire against acids, oils, and detergents and no need for any premixing are also projected to bolster demand in the global anti-slip coatings market.

Moreover, new safety regulations relating to avoid safety caused due to slipping is also fueling growth in this market. Proper implementation of these rules in the building and construction industry also propelled growth for anti-slip coatings. Along with this information various other factors control growth in the global anti-slip coatings market. Currently, ongoing trends in the market, segmentation, player’s initiatives, and few others are all presented in this report. With these insights, stakeholders and key market participants will be capable of taking better decisions after getting complete information about the market. 

Global Anti-Slip Coatings Market: Notable Developments

The global magnet wire market has huge potential for growth and emerging economies are providing lucrative opportunities for them to grow and establish themselves better. Therefore, players are putting efforts in research and development to make the best of these opportunities. For example,

  • Lately, PPG completed its high-performance waterborne and high-solids coatings production line in China. This development will enhance the service and production capabilities of PPG’s automotive coatings business in China.
  • 3M introduced its anti-slip floor coating to advance safety. With this development, the company produces floor coating that combines anti-slip properties with peel able removability. It is a mixture of polymer dispersion and translucent beads.

Axalta Coating Systems, North Central Electric, Hempel A/S, Amsteps Products, Randolph Products, RPM International, Sherwin Williams, Paramelt RMC B.V  , No Skidding Products, and  Safemate Anti-slip Pvt. Ltd. are few other prominent players operating in the global anti-slip coatings market.

Global Anti-Slip Coatings Market: Trends and Opportunities

Growing industrialization and introduction of new safety regulations to reduce accidents caused due to slipping are the major factors driving demand in the global anti-slip coatings market. But with availability of easy-to-install substitutes such as anti-slip panels and requirement for efficient curing of anti-slip coatings might challenge in the growth in this market. However, use of advanced technology to develop new anti-slip coating and high growth in the construction sector might help overcoming these restraints.

Developing building and construction industry to bolster Asia Pacific Anti-Slip Coatings Market

Geographically, the global anti-slip coatings market covers North America, Latin America, Asia Pacific, Europe, and the Middle East and Africa. Of these regions, Asia Pacific is expected to hold maximum share in the global anti-slip coatings market. The region has provided to be effective both in terms of consumption and in terms of production. Presence of two most populace countries China and India are in Asia Pacific, which makes open new opportunities for growth due to the presence of a huge population. Together these two regional markets account of 35% share of the total anti-slip coatings market. Moreover, the availability of raw material has further strengthened the position of Asia Pacific in the global anti-slip coatings market. Significant development seen in building and construction industries has also boosted demand for anti-slip coatings in Asia Pacific region.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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