Anti-Slip Coatings Market Size, Share & Trend Analysis Report, By Resin (Epoxy, Polyurethane), By Application (Flooring, Marine), By Region, And Segment Forecasts, 2024 - 2030

Anti-Slip Coatings Market Size & Trends

The global anti-slip coatings market size was estimated at USD 149.17 million in 2023 and is estimated to grow at a CAGR of 6.6% from 2024 to 2030. Increased focus on safety and accident prevention across various industries is anticipated to drive market growth over the coming years.

As there is a rise in accidents and injuries in workplaces, safety regulations have become more stringent, and businesses are investing in protective coatings to minimize the risk of slips and falls. This is particularly notable in sectors such as manufacturing, construction, and hospitality, where the well-being of employees and customers is paramount. This is anticipated to increase the demand for anti-slip products and thus coatings.

Drivers, Opportunities & Restraints

Owing to growing awareness, there is an increasing need for public safety in communal and residential areas is likely to benefit the market growth. Anti-slip coatings are being extensively used in public spaces, including parks, public pools, schools, and residential complexes, to ensure community members are safeguarded against accidents caused by slippery surfaces.

Innovation and development of environmentally friendly and sustainable products are likely to provide multiple opportunities for market participants. As global emphasis on eco-friendly materials grows, there is a substantial market potential for anti-slip coatings made from bio-based and non-toxic materials, offering enhanced safety without compromising environmental health.

The cost associated with the application and maintenance of these coatings is projected to hinder the market growth in a moderate ratio. High-quality anti-slip coatings require professional application and periodic reapplication, which can be financially taxing for small businesses and residential property owners, limiting the adoption rate across these segments.

Technology Insights

“Epoxy resin held the largest revenue share of over 50% in 2023.”

Epoxy resin-based coatings are known for their durability, chemical resistance, and strong adherence to a variety of substrates. These coatings are suitable for heavy-duty environments such as industrial and commercial flooring, where they provide a long-lasting solution against slip and fall accidents while withstanding harsh conditions.

Polyurethane resin-based coatings are characterized by their flexibility, UV resistance, and aesthetic versatility. These coatings are ideal for both indoor and outdoor applications, providing a non-slip surface that can endure fluctuating temperatures and prolonged exposure to sunlight, making them perfect for patios, school playgrounds, and athletic facilities.

Application Insights

“Flooring application held the largest revenue share of over 71% in 2023.”

The flooring application segment is expected to dominate the market over the forecast period. In flooring applications, anti-slip coatings are crucial for enhancing safety and preventing accidents in both commercial and residential settings. From factory floors to kitchen areas, these coatings provide rough along with a visually appealing surface that significantly reduces the risk of slips and falls, contributing to a safer environment overall.

Rising investments in the shipbuilding industry coupled with a growing focus on the defense sector are expected to benefit the marine industry. On marine decks, the application of anti-slip coatings is essential for ensuring the safety of passengers and crew members alike. The harsh marine environment demands coatings that can withstand saltwater, extreme weather, and constant wear, all while providing a secure footing, which is precisely what modern anti-slip solutions offer.

Regional Insights

“Asia Pacific held over 55% revenue share of the overall anti-slip coatings market.”

The Asia Pacific market is expected to observe rapid growth due to the expansion of industrial activities and infrastructural development. Countries like China, India, and Japan are anticipated to dominate the industry, driven by increasing awareness of workplace safety and government regulations mandating the use of safety coatings in construction and industrial projects.

North America Anti-Slip Coatings Market Trends

The North American market is characterized by technological developments and a stringent regulatory framework focused on safety standards. Strong emphasis on innovation and the adoption of eco-friendly coatings across various sectors including commercial, residential, and industrial is likely to remain as a key focus area for market players.

U.S. Anti-Slip Coatings Market Trends

The U.S. market is fueled by a robust economy and the presence of key industry players focusing on research and development to introduce more efficient and environmentally safe coatings. American industries are steadily adopting anti-slip solutions not just for compliance, but also as a strategic investment in personnel safety and liability reduction.

Europe Anti-Slip Coatings Market Trends

The European market is driven by a combination of stringent safety regulations and an awareness of occupational health. European countries have a strong demand for high-quality, eco-friendly anti-slip solutions, particularly in sectors such as healthcare, automotive, and food processing, where safety and hygiene are very important.

Key Anti-Slip Coatings Company Insights

Some key players operating in the market include 3M, RPM International, and PPG Industries.

• 3M is an international conglomerate company operating in industries such as worker safety, health care, and consumer goods. 3M has a diverse portfolio of products, including adhesives, abrasives, laminates, passive fire protection, personal protective equipment, window films, and more.

• PPG Industries, U.S.-based manufacturer of paints, coatings, and specialty materials. The company serves a wide range of markets, including construction, consumer products, industrial, and transportation, with a focus on innovation and environmental responsibility.

Recent Developments

• In March 2024, Orientbell Tiles announced a new product line Safegrip Collection. The product focuses on slip-resistant tiles without compromising aesthetics.

• In March 2022, Canadian company Daich Coatings announced a new product in the anti-slip coatings category. The product can be used in interior and exterior flooring materials such as tiles, stones, masonry, and pre-painted floors.

Anti-Slip Coatings Report Scope

Global Anti-slip Coatings Market Report Segmentation

This report forecasts revenue and volume growth at global, country, and regional levels and provides an analysis of the latest trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global anti-slip coatings market report based on the resin, application, and region.

• Resin Outlook (Revenue, USD Million, 2018 - 2030)

  • Epoxy

  • Polyurethane

  • Polyaspartic & acrylic

• Application Outlook (Revenue, USD Million, 2018 - 2030)

  • Flooring

  • Marine

  • Others

• Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • Russia

  • Asia Pacific

    • China

    • India

    • Japan

    • South Korea

  • Central & South America

    • Brazil

  • Middle East & Africa

    • GCC

    • South Africa