New York, Sept. 09, 2019 (GLOBE NEWSWIRE) -- The growth of the market is governed by various factors such as growing demand for durable and efficient flooring
The Anti-Slip Coating Market is expected to reach USD 179.3 Million by 2026, according to a new report by Reports and Data. Anti-Slip Coating Market is driven principally by the construction activities led by developing economies across the world, which will boost the growth of the market. Increasing awareness concerning the floor coatings due to dust resistance, durability, abrasion-resistance, and waterproof features are encouraging the market demand. Emerging end-use industries, driving to the expansion of manufacturing plants and facilities are further promoting market growth.
Accelerated industrialization, the growing trend for long-lasting accident resistant floor across manufacturing plants, factories, warehouses, and equipment units are also contributing the market growth. Neglect in using proper anti-slip coatings can induce loss of productivity and injuries. But, increasing R&D facilities for new and improved anti-slip technology is anticipated to offer profitable opportunities to the manufacturers. In addition to this, inflating demand for the product in the marine and construction industry is anticipated to provide plentiful opportunities to the market players during the forecast period.
North America accounts for the second largest share of 26.3% of the market in 2018. The US is a significant contributor in the region due to the increasing product innovation for low VOC emission anti-slip technology and growing demand for the product in marine deck applications.
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Further key findings from the report suggest
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Segments covered in the report:
For the purpose of this study, Reports and Data have segmented the market on the basis of Type, Resin, End User, and region:
Type Outlook (Volume, Kilo Tons; and Revenue, USD Million; 2016-2026)
Resin Outlook (Volume, Kilo Tons; and Revenue, USD Million; 2016-2026)
End User Outlook (Volume, Kilo Tons; and Revenue, USD Million; 2016-2026)
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Regional Outlook (Volume, Kilo Tons; and Revenue, USD Million; 2016-2026)
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