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The key market players include Axalta Coating Systems, Associated Chemicals, BYK(Altana), Coo-Var, Hempel A/S, Jotun, PPG Industries, Inc., Rust-Oleum, Saicos Colour GmbH, Vexcon Chemicals. Dominant market leaders are utilizing the scope of ongoing innovation to bring out cuuting-edge products catering to the consumer’s demand. They are also focusing on entering strategic alliances and making acquisitions to bolster their market position and enjoy a competitive advantage in the industry.
To remain competitive, corporations such as Axalta Coating Systems, Associated Chemicals, BYK, Hempel, Jotun, and PPG Industries employ diverse market stratagems. Axalta Coating Systems is heavily investing into R&D for bringing out new ad innovative products, Hempel is prioritizing on sustainability efforts, Associated Chemicals are entering into mergers and acquisitions for market expansions and PPG Industries are focusing on to change their ways of addressing their clients. These combined strategies bolster their market dominance and ensure continual growth in the anti-slip additives sector.
Major players operating in the anti-slip additives industry include:
Global market for anti slip additives was valued at around USD 449.5 million in 2023 and is anticipated to register a CAGR of over 5.2% between 2024 and 2032, propelled by rising safety awareness, and its wide application in various end use industries.
Powder form anti-slip additives segment held a market share of about 69% in 2023 and will continue to gain demand by 2032, as it is extremely versatile and is easy to integrate into various coating systems. It can disperse easily and ensure slip resistance in surfaces.
North America anti slip additives market was worth USD 133.3 million in 2023 and is set to experience substantial expansion through 2032, due to strict safety regulations and growing concerns regarding workplace safety.
Axalta Coating Systems,Associated Chemicals, BYK(Altana), Coo-Var, Hempel A/S, Jotun, PPG Industries, Inc., Rust-Oleum, Saicos Colour GmbH, and Vexcon Chemicals among others.