Anti-Slip Additives Market Experiencing Opportunities in Growing Construction Industry

The contemporary upsurge in the construction activities across the globe due to the rapid urbanization has been one of the most effective reasons for the growth imparted in a gamut of associated markets. In the wake of exuded construction activities, paints & coatings market is also experiencing a definite surge in demand, which is significantly creating opportunities for the players striving to increase their anti-slip additives market share. The recent years have witnessed an increase in the anti-slip additives market size which was evaluated at $355 million as of 2018, and it is poised to increase at a CAGR of 5% during the forecast period 2019-2025.

With the rising population, the world is in need for more infrastructure to fulfill the housing requirement of the future populace. This is going to enhance opportunities for the anti-slip additives market players further.

Some other applications on which the anti-slip additives market players will thrive are its requirement in concrete sealers, construction flooring, and marine decks. Anti-slip mat and polymer beads are two prominent types of anti-slip additives used in different industries.

In 2018, the parent industry of the anti-slip additives market experienced trade of around $14 billion with year on year growth of 10%. This evinces the increasing demand of the product which also translates to the regions that have contributed in the expansion of the anti-slip additives market size.

APAC with Maximum Anti-Slip Additives Market Share of 47% in 2018:

The increasing construction activities in China and India are the major reasons for the growth of the APAC anti-slip additives market size.

China’s construction industry is growing rapidly since 1978; its valuation was $816.6 billion in 2017, and the industry saw further growth in 2018 which created a myriad of prospects to prosper for anti-slip additives market players in China.

Similarly, India is poised to see 100 smart cities by the end of 2020. Now, these cities will have infrastructure with anti-slip additives flooring, and this will further drive the market in the country.

The Future for the Anti-Slip Additives Market Players Worldwide:

With the global construction industry poised to attain $8 trillion by 2030, the anti-slip additives market players will experience lucrative opportunities in the same at a CAGR of 5.6% through to 2025.

Top 10 Anti-Slip Additives Market Companies:

The companies with the maximum anti-slip additives market share are BYK Chemie GmbH, PPG Industries, Inc., Hempel A/S, Rust-Oleum Corporation, Vexcon Chemicals, Inc., Saicos Colour GmbH, Exterior Performance Coating, Inc., Associated Chemicals, Axalta Coatings Limited, and Coo-Var.

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Related Reports:

A. Slip Additives Market

https://www.industryarc.com/Research/Slip-Additives-Market-Research-500069

B. Coating Additives Market

https://www.industryarc.com/Report/11678/coating-additives-market.html

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