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| Market size in 2024 | US$ 612.5 million |
Forecast Market size by 2030 | US$ 862.7 million |
|---|---|---|---|
| Growth Rate | CAGR of 5.9% | Number of Pages | 127 Pages |
The global Skid-Resistant Coatings market size was valued at US$ 612.5 million in 2024 and is projected to reach US$ 862.7 million by 2030, at a CAGR of 5.9% during the forecast period 2024-2030.
The United States Skid-Resistant Coatings market size was valued at US$ 165.3 million in 2024 and is projected to reach US$ 224.8 million by 2030, at a CAGR of 5.3% during the forecast period 2024-2030.
Skid-Resistant Coatings are specialized surface treatments designed to increase friction and improve traction on various substrates, enhancing safety in pedestrian and vehicular areas prone to slipping hazards.
The global Skid-Resistant Coatings market is growing steadily, driven by increasing safety regulations, growing awareness of workplace safety, and infrastructure development. In 2023, global consumption of skid-resistant coatings reached approximately 185,000 metric tons, with North America and Europe accounting for 60% of demand. The transportation infrastructure sector remains the largest consumer, representing 45% of demand, followed by industrial flooring at 30% and commercial buildings at 20%. The market benefited from major infrastructure renewal projects in developed countries, leading to a 15% increase in demand for high-performance road markings and bridge deck coatings in 2023. Technological advancements have focused on improving durability and environmental sustainability, with new formulations offering up to 40% longer lifespan and 50% lower VOC emissions compared to traditional coatings. The market is seeing strong growth in photoluminescent skid-resistant coatings, increasing at 12% annually, driven by their enhanced visibility in low-light conditions for emergency exits and evacuation routes. In 2023, new workplace safety regulations led to a 25% increase in the adoption of customized skid-resistant coatings in industrial facilities with specific chemical exposure risks. The industry faces challenges from the development of alternative surface texturing methods, but the versatility and ease of application of coatings continue to drive their adoption across various sectors. Emerging applications in smart cities are showing promise, with sensor-integrated skid-resistant coatings for real-time road condition monitoring growing at 18% CAGR, albeit from a small base of 1.5% market share. Looking ahead, the market is expected to benefit from the growing focus on pedestrian safety in urban planning, with specialized coatings for bike lanes and pedestrian crossings projected to grow at 8% CAGR through 2030.
Report Overview
This report provides a deep insight into the global Skid-Resistant Coatings market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Skid-Resistant Coatings Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Skid-Resistant Coatings market in any manner.
Global Skid-Resistant Coatings Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
3M
PPG Industries
Axalta Coating Systems
Hempel A/S
RPM International
Sherwin Williams
Amsteps Products
Randolph Products
No Skidding Products
Paramelt Rmc
Safemate Anti-Slip Pty
Skidproof
Market Segmentation (by Type)
Water Based
Solvent Based
Market Segmentation (by Application)
Industrial Building
Residential Building
Commercial Building
Geographic Segmentation
| Report Attributes | Report Details |
|---|---|
| Report Title | Global Skid-Resistant Coatings Market Research Report 2024(Status and Outlook) |
| Market size in 2024 | US$ 612.5 million |
| Forecast Market size by 2030 | US$ 862.7 million |
| Growth Rate | CAGR of 5.9% |
| Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
| Base Year | 2023 |
| Forecast Year | 2031 |
| Number of Pages | 127 Pages |
| Customization Available | Yes, the report can be customized as per your need. |
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