Skid-Resistant Coatings Market Predicted to Grow at 4.5% CAGR from 2022 to 2030, Driven by Rising Demand in Industrial and Commercial Sectors and Growing Global Construction Activities

According to the latest report from Dataintelo, the global Skid-Resistant Coatings market is projected to expand at a 𝐂𝐀𝐆𝐑 of 4.5% from 2022 to 2030. This growth can be credited to the rising demand from industrial and commercial buildings, the escalating awareness about safety measures among users and increased construction activities worldwide. On the downside, the volatility in the prices of raw materials could hinder the market's growth throughout the forecast period. The report highlights the global skid-resistant coatings market's segmentation, which is divided into water-based and solvent-based coatings.

Skid-resistant coatings are gaining popularity due to their optimised slip resistance that contributes to enhancing safety in both the commercial and industrial sectors. As the awareness regarding safety precautions increases among end-users, companies are increasingly adopting these coatings in their workplaces to maintain a safe and accident-free environment.

Notably, the construction sector's continuous expansion worldwide is also aiding the skid-resistant coatings market's growth. These coatings are being increasingly used in various construction projects to ensure a safe workspace and sturdy structures. The usage of these coatings helps reduce damage or wear and tear, prolonging the lifespan of the structure while also ensuring the safety of workers and eventual occupants.

However, it's important to note that the fluctuating prices of raw materials could pose a challenge to the market's growth. The unpredictability could potentially lead to higher production costs, thereby affecting the overall market dynamics.

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The report further details that the market is categorised into water-based and solvent-based coatings. Each type has its own set of benefits and applications, thereby providing users with multiple options to choose from as per their specific requirements. From this, it is clear that the skid-resistant coatings market will continue to evolve and expand as new technologies and materials become available, and the awareness of their benefits continues to increase among end-users

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐟𝐫𝐞𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://dataintelo.com/request-sample/14449

𝐓𝐡𝐢𝐬 𝐢𝐬 𝐨𝐧𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐦𝐨𝐬𝐭 𝐝𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐫𝐞𝐩𝐨𝐫𝐭 𝐚𝐧𝐝 𝐜𝐨𝐯𝐞𝐫 𝐭𝐡𝐞 𝐟𝐨𝐥𝐥𝐨𝐰𝐢𝐧𝐠 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐬:

The skid-resistant coatings market has been segmented on the basis of𝐓𝐲𝐩𝐞
● Water Based
● Solvent Based

𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧
● Industrial Building
● Residential Building
● Commercial Building

𝐄𝐧𝐝-𝐔𝐬𝐞𝐫
● Construction
● Marine
● Transportation
● Oil & Gas
● Others

𝐒𝐚𝐥𝐞𝐬 𝐂𝐡𝐚𝐧𝐧𝐞𝐥
● Direct Sales
● Distributors
● E-commerce

𝐑𝐞𝐠𝐢𝐨𝐧
● Asia Pacific
● North America
● Latin America
● Europe
● Middle East & Africa

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬
● 3M
● PPG Industries
● Axalta Coating Systems
● Hempel A/S
● RPM International
● Sherwin Williams
● Amsteps Products
● Randolph Products
● No Skidding Products
● Paramelt Rmc
● Safemate Anti-Slip Pty
● Skidproof



The skid-resistant coatings market can be broadly segmented based on the type of the product, application, end-users, sales channel, and key players. One of the crucial bases of the segmentation is the type of the product, which includes Water-Based coatings and Solvent-Based coatings. These types differ in their properties and applications, leading to differences in demand among various industries. The skid-resistant coatings are also segmented based on their application in various building types such as Industrial, Residential, and Commercial Buildings.

Other important segmentation bases are end-users and sales channels. The end-users of the skid-resistant coatings market are mainly four sectors; Construction, Marine, Transportation, Oil & Gas, and others. Each of these sectors has a varied requirement, governed by the specific demands and needs of that sector. The sales channels preferred in the industry can be either direct sales, distributors or e-commerce platforms. All these segments play an imperative role in the skid-resistant coatings market. Some of the key players in the market include 3M, PPG Industries, Axalta Coating Systems, Hempel A/S, RPM International, Sherwin Williams, Amsteps Products, Randolph Products, No Skidding Products, Paramelt Rmc, Safemate Anti-Slip Pty, and Skidproof.

Moving on to 𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬, the skid-resistant coatings market is spread across multiple regions including Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is one of the significant regions in the market due to a number of factors such as high industrial growth, an increase in infrastructure development activities, and a rise in awareness for safety measures across various industries. North America is another major market owing to a surge in the demand for skid-resistant coatings in the marine and transportation industry. Furthermore, the market is growing in Europe due to increased demand for these coatings in commercial and residential buildings. Latin America and Middle East & Africa also contribute significantly to the global skid-resistant coatings market, with an increase in construction activities and expanding marine transportation industry

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐟𝐫𝐞𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://dataintelo.com/request-sample/14449

𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐫𝐢𝐯𝐞𝐫𝐬:

1. Increasing Demand for Safety Measures: The increase in demand for safety measures in industries, residential areas, and commercial spaces drives the Skid-Resistant Coatings market. They help in minimizing accidents caused by slippery surfaces.

2. Construction Industry Growth: The growth of the construction industry worldwide has led to an increase in the demand for Skid-Resistant Coatings. They are extensively used in different areas of construction, such as flooring, staircases, and ramps, to enhance safety.

3. Government Regulations: Government regulations and policies regarding safety norms for employees at the workplace have compelled industries to use Skid-Resistant Coatings.

4. Automotive Industry: The growing automotive industry also drives the market for Skid-Resistant Coatings. They are used in various automobile components to increase their friction and resistance.

𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬:

1. Infrastructure Development in Emerging Economies: Infrastructure development in emerging economies like India, China, and Brazil presents a significant opportunity for the Skid-Resistant Coatings market. These countries have substantial construction projects underway, which can lead to increased demand.

2. Advancements in Technology: The advancements in coating technology, including nanotechnology and green coating technology, provide lucrative 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐟𝐨𝐫the Skid-Resistant Coatings market.

3. Increasing Awareness: Increasing awareness about the safety of the environment and individuals at workplaces can create substantial 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐟𝐨𝐫the market.

4. Marine and Ship-building Industry: Marine and ship-building industry also presents a significant opportunity for the Skid-Resistant Coatings market. These coatings are used to prevent slipping on surfaces exposed to water, oil, and other substances which make surfaces slippery.

5. Sports Equipment: The use of Skid-Resistant Coatings in sports equipment to provide better grip is a potential opportunity for market growth

𝐘𝐨𝐮 𝐜𝐚𝐧 𝐝𝐢𝐫𝐞𝐜𝐭𝐥𝐲 𝐛𝐮𝐲 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐟𝐫𝐨𝐦: https://dataintelo.com/checkout/14449

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