PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1460145
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1460145
Anti-Slip Additives Market size is poised to expand at over 5.2% CAGR between 2024 and 2032 driven by the ongoing industrialization and construction activities worldwide.
With the rapid expansion of the industrial sector and new facilities being built, the need for safety measures to prevent slips, trips, and falls has become paramount. Anti-slip additives are incorporated into flooring, coatings, and surfaces in factories, warehouses, and industrial settings to enhance worker safety. To cater to this rising demand, industry players are introducing innovative products. For instance, in June 2023, Evonik's Coating Additives business division expanded its TEGO(R) Rad range of customized silicone acrylates featuring an innovative radically cross-linkable defoaming slip additive, suitable for use in the formulation of pigmented inks, matte coatings, and roller-applied wood topcoats. Furthermore, the rise in infrastructure development, urbanization, and the focus on workplace safety regulations is expected to drive the product demand in these sectors.
The anti-slip additives industry is segmented into type, form, end-use industry, and region.
With respect to type, the market size from the silica-based additives segment is likely to gain significant traction from 2024-2032 as they offer excellent anti-slip properties due to their high coefficient of friction and abrasion resistance. Industries, such as flooring, coatings, paints, and adhesives utilize silica additives to enhance surface traction and prevent slips and falls. Additionally, the versatility of silica additives for easy incorporation into different formulations is propelling their popularity among manufacturers seeking effective anti-slip solutions.
Based on end-use industry, the anti-slip additives market from the manufacturing segment is projected to witness high demand through 2032. This is owing to the widespread use of anti-slip additives by many manufacturers in their products to improve safety and prevent accidents across various sectors, including automotive, aerospace, electronics, and machinery. The strong emphasis on worker safety, regulatory compliance, and operational efficiency is also driving the demand for anti-slip solutions in manufacturing settings.
Regionally, the Asia Pacific anti-slip additives industry is set to exhibit robust growth between 2024 and 2032. The rapid industrialization, construction activities, and stringent safety regulations are driving the demand for anti-slip solutions across various sectors. Several countries, such as China, India, and Southeast Asian nations are witnessing significant adoption of anti-slip additives in flooring, coatings, and paints to improve workplace safety and prevent accidents. Additionally, the growing awareness of safety standards and the need to enhance public infrastructure will contribute to the regional market expansion.