The global demand for Construction Anchors Market is presumed to reach the market size of nearly USD 17.86 MN by 2028 from USD 11.12 MN in 2021 with a CAGR of 7% under the study period 2022 - 2028.
Construction anchor is a fastener used to attach objects or structures to concrete. It plays an important role in connecting different objects or materials to dry walls. The construction anchors are used to secure things to materials that are normally resistant to screws or nails, such as concrete. There are numerous types of anchors available. All have a threaded end to which a nut and washer for the external load can be attached.
Market Dynamics
The growing preference for high-speed construction is anticipated to boost the growth in the construction anchors market. Moreover, the introduction of stringent government regulations is expected to positively impact the increase in the construction anchors market over the forthcoming years. Furthermore, rising demand for construction anchors in residential sectors, huge public infrastructure projects, and commercial projects will drive market growth in upcoming years. However, the transportation cost is higher due to their heaviness which hampers the growth of the global construction anchors market.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of construction anchors. The growth and trends of construction anchors industry provide a holistic approach to this study.
Market Segmentation
This section of the construction anchors market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product Type
- Metal (Wedge Anchors, Undercut Anchors, Concrete Screws, Drop-In Anchors Sleeve And Nail Anchors, Cast-In Anchors)
- Chemical (Injectable Adhesive Anchors, Capsule Adhesive Anchors)
- Light Duty Anchors
- (Nylon) Plugs, Drywall Plugs, Drywall Screws, Insulation Anchors, Metal Screws
By Application
- Building Construction
- Civil Engineering
- Construction Installation
- DIY
By Sales Channel
- Direct Sales
- Distributor Sales
- Retail Sales
- Home Centers
- Online Sales
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Construction Anchors market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Construction Anchors Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the construction anchors market include Stanley Black & Decker Inc, Hilti Corporation, Simpson Manufacturing Co. Inc, EJOT Holding GmbH & Co. KG, Misumi Corporation, Ancon Limited, Fosroc Chemicals (India) Private Limited, Unika Co. Ltd, UNIQUE FASTENERS P. LTD, Yuyao City Xintai Hardware Co. Ltd, FIXDEX Fastening Technology, EMC Fasteners and Tools, Ningbo Londex Industrial Co. Ltd, HASM Co. Ltd. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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