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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?

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