Anti-slip additive is a type of chemical that reduces the coefficient of friction between two surfaces. These additives also aid in the preservation of the surfaces' integrity as well as the enhancement of product attributes. These additives are given to various plastics throughout the production process to reduce friction in the final product. The addition of an additive to the resin mixture creates an internal lubricant that moves to the resin's surface and dissolves into a molten solution, but when the mixture cools, it crystallizes, and the slipper is expelled. The slip agent generates a lubricating layer that separates the adjacent film layers once it reaches the surface. The market for anti-slip additives is diverse, with products based on a variety of formulations such as silica, aluminum oxide, fatty amides, waxes, and polymers, among others.
COVID-19 Impact analysis
- Due to enforced lockdowns and imposed limits by different regulatory bodies as a result of the COVID-19 outbreak, numerous industries' operations have either been temporarily halted or are operating with reduced personnel. The worldwide Anti-Slip Additives Market is no exception, it has a substantial negative influence on the Anti-Slip Additives industry's revenue growth.
- The global health crisis has wreaked havoc on the Anti-Slip Additives industry, causing supply chain interruptions as well as pricing and demand volatility.
Top Impacting Factors
Increase in demand from the marine industry, rise in number of applications in industrial flow, surge in product demand owing to the need for eco-friendly goods, as well as increase in people's disposable money, rise in the global population, rapid industrialization and globalization, and surge in levels of investment for the construction sector's growth are some of the major and vital factors that boost the growth of the anti-slip additives market. On the other hand, rise in strategic expansion activities by manufacturing businesses, as well as increased demand from the paints and coatings industry, further contribute toward the growth of the anti-slip additives market by offering significant potential. In the coming years, increase in number of rigorous environmental regulations, as well as a surge in tendency of using wooden flooring instead of tiles, is expected to function as market restraints for the expansion of anti-slip additives.
Market Trends
- At Chinaplas, DuPont debuted its latest Masterbatch Collaborating Anti-Block and Slip PE Blown Film. Masterbatch combines an anti-block agent with a suitable slip additive to improve film technique and ensure good condition.
- Henkel's closure materials business has been bought by ALTANA. As a result, the specialized chemicals company is expanding its line of PVC-free solutions, particularly for the packaging industry. The firm will be merged into the ACTEGA division and allocated to the Metal Packaging Solutions business line globally within the ALTANA Group.
- ALTANA, a specialized chemicals company, has finalized the acquisition of TLS Technik GmbH & Co. Spezialpulver KG, extending its ECKART segment strategically.
- Wörwag, a global provider of coatings for industrial and automotive applications, has been acquired by PPG. The company focuses on developing environmentally friendly liquid, powder, and film coatings. Wörwag's acquisition is another step ahead in PPG's strategic growth plan, which will benefit customers and shareholders alike.
Key Benefits of the Report
- This study presents the analytical depiction of the Anti-slip additives’ industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Anti-slip additives market share.
- The current market is quantitatively analyzed to highlight the Anti-slip additives market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed Anti-slip additives market analysis based on competitive intensity and how the competition will take shape in coming years
Questions answered in the Anti-slip additives Report
- Who are the leading market players active in the Anti-slip additives’ market?
- What current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What future projections would help in taking further strategic steps?
Anti-Slip Additives Market Report Highlights
| Aspects | Details |
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 By Application |
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 By Industry Vertical |
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 By Region |
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 Key Market Players | Hempel A/S, Axalta Coating Systems, LLC, FCL, Vexcon Chemicals, Altana, Sika Services AG, SAICOS COLOUR GmbH, PPG Industries, Inc., Promain UK Limited., Rust-Oleum |
 | Perk Products., BYD Solutions Ltd, CYNDAN Chemicals., Jotun, Firwood Paints Ltd., Eco Safety Products., The Sherwin-Williams Company, Coo-Var. |
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