Skip to main content

Global Anti-Slip Additives Market Growing the Growing Population and Urabanization


Introduction

The burgeoning population is continuously increasing the demand for living spaces across the globe. Rapid industrialization along with increasing urbanization has increased the global rate of migration of people from rural to urban areas. According to the World Health Organisation (WHO), the global urban population is projected to grow 1.84% per year between 2015 and 2020 and 1.63% per year between 2020 and 2025.

Drivers of Global Anti-Slip Additives Market

Growing urban population is continuously increasing the demand for advanced flooring coatings and solutions which in turn is driving the demand for anti-slip additives that can be mixed into floor coatings to provide a non-slip finish. High demand across the marine industry is also boosting global anti-slip additives market growth. 

 According to the United Nations Conference on Trade and Development (UNCTAD), growth in global seaborne trade has shot up from 9,917 millions of tons loaded in 2012 to 10,287 millions of tons loaded in 2016. 

Globalization and rising spending in emerging regions and economies are generating long-term opportunities for container ships which are attracting investments, both public and private, in ports, infrastructure, technology, and services to maintain the efficient flow of business. 

 Recently, DP World has partnered with India’s National Investment and Infrastructure Fund (NIIF) and created a new platform to invest up to US$3 billion in ports, terminals, transportation, and logistics business in the country. All these factors are fueling the demand for anti-slip additives for marine deck coatings to prevent slips and falls on wet surfaces and increasing the global anti-slip additives market size.

Market Segmentation

By material type, the global anti-slip additive market is segmented as aluminum oxide, silica, and others (crushed glass, polymer grits, etc.). Silica segment is projected to witness a significant market growth between 2017 and 2018. 

 Stringent environmental regulations that mandate the use of greener products are encouraging coating manufacturers to use silica-based anti-slip additives which strictly adhere to various environmental safety norms. By coating type, the market is segmented as acrylic, epoxy, and polyurethane.  By application, the market is segmented as construction flooring, marine deck, and others.

Geographically, Europe holds a significant share in the global anti-slip additives market share. The market share is projected owing to rising investments in port infrastructure across the region. As per the study conducted by the British Ports Association (BPA), 18 ports in the country will receive huge investments regarding maintenance and development between 2018 and 2020. 

This includes the Bristol port on which £400 million is being spent in order to enlarge the docks such that the port can be used by the world’s largest container ships. APAC will witness the fastest regional market growth during the forecast period. This growth is majorly attributed to the rising number of both residential and commercial buildings and increasing investments in port and road infrastructure in countries like India and China.   

Major industry players profiled as part of the report of Knowledge Sourcing Intelligence a consulting the company are CoverTec, PPG Industries, Rust-Oleum, Protective Industrial Polymers, and Henkel Corporation among others.

Key Questions Answered in This Report:

·         What are the key regions having a significant market share of the market?
·         What are the drivers of the market?
·         Who are the key market players in the market?
·         What is market segmentation of the global anti-slip additives market?
·         What are the applications of the anti-slip additives?

Connect with us :
Labels:

Comments

Post a Comment

Popular posts from this blog

Adoption Chillers Market Is Expected To Witness Rapid Growth

Introduction Absorption chillers are cooling units that deploy a heat source to generate enough energy required for the cooling process and are primarily used in food storage. They use heat to operate instead of mechanical power. Absorption chillers are very energy-efficient as they consume a very small amount of fuel as compared to other refrigeration devices and generally, they use waste heat from the turbine or water heater to generate energy. Low boiling point refrigerants such as ammonia and lithium bromide are employed in these units. Evaporation, absorption, and regeneration are the three phases of chilling in this unit. They have a lower cooling performance. However, due to their low operational cost, they are widely employed in the domestic, commercial, and industrial sectors. Educational institutes, hospitals, and minivans are some of the users of absorption chillers. Drivers of Adoption Chillers Market The demand for absorption chillers market size is expe...
Post a Comment
Read more

A Complete Study On Precision Viticulture Market

Introduction Precision viticulture is precision farming used for optimum productivity of grapes and increasing vineyard performance. The growing cost of inputs is pressurizing growers to use advanced technologies and solutions so as to minimize the overall expenditure. This is a scientific technique used by large wineries to manage large vineyard areas. Precision viticulture uses advanced and emerging technologies such as Global Positioning Systems, Remote Sensor Systems, and Geographical Information System.  It improves the performance of vineyard and help in maximizing production of grapes with good quality. It helps the growers to maintain variability within their vineyard. It is an environment-friendly technique which reduces impacts on the environment. Drivers of Precision viticulture market Growing preference for new technology from growers to maximize efficiency and productivity of vineyard is driving the market of precision viticulture. Rising demand for grap...
Post a Comment
Read more

A Complete Study On Electroplating Market

Introduction Electroplating is the process that involves surface engineering for the deposition of metals on another metal surface. In this process, less expensive metals are used to manufacture several products and then metal plating of other metals is used to protect the product from corrosion and to give it a better look. It has several applications in many industries such as electrical & electronics, automotive, machinery parts and components, and aerospace and defense as it helps in cost-cutting and improving the service of the. Earlier, manufacturers have to spend a fortune on expensive metals such as gold, silver, and platinum to provide efficient and aesthetics wise products. However, with the growth of electroplating, manufacturers use less expensive metals and later on electroplate them to provide protection from corrosion, and to enhance its look. Growing awareness regarding sustainable development and waste management is also increasing its demand. Rapid industrial...
Post a Comment
Read more