Edit
Bizwit-Logo-Final

Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. We have a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. 

Global Construction Anchors Market to reach USD 3.90 billion by the end of 2030.

Global Construction Anchors Market Size study & Forecast, by Product (Hangers, Chemical, Nail-in, Wall, Others), by Material (Stainless Steel, Carbon Steel, Others), by End Use (Residential, Commercial, Industrial, Infrastructural) and Regional Analysis, 2023-2030

Product Code: OIRBC-57877739
Publish Date: 10-01-2024
Page: 200

Global Construction Anchors Market is valued at approximately USD 2.92 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 3.7% over the forecast period 2023-2030. Construction anchors, often referred to as anchors or anchor systems, are devices used to secure and support various structures or components within the construction industry. These anchors play a crucial role in ensuring the stability, safety, and integrity of buildings and infrastructure. The primary purpose of construction anchors is to provide a secure connection between a structural element and its foundation or supporting structure. The Construction Anchors Market is expanding because of factors such as the rising number of construction and infrastructure development activities, rising growing awareness of structural stability and increasing adoption of technology in construction.

The Construction Anchors Market is experiencing a robust growth trajectory, propelled by the escalating number of construction and infrastructure development activities worldwide. As urbanization and population growth continue to drive the demand for residential, commercial, and public infrastructure, the need for reliable and durable anchoring solutions has intensified. Construction anchors play a pivotal role in ensuring the structural integrity and stability of buildings and other structures. The rising frequency of construction projects, including high-rise buildings, bridges, and industrial facilities, has significantly increased the demand for anchors that can withstand diverse load and environmental conditions. Robust expansion in residential construction is evident across the Asia-Pacific region, nations such as India, China, the Philippines, Vietnam, and Indonesia. The Fitch Solutions Infrastructure Report (FSIR) highlights China as the global leader in the construction market, poised for a Compound Annual Growth Rate (CAGR) of 8.6% from 2022 to 2030. This underlines the substantial growth and potential within the construction sector in the Asia-Pacific region, with China playing a pivotal role in driving these trends. Moreover, As reported by the US Census Bureau, the construction spending in the country reached an adjusted annual rate of USD 1,704.4 billion in February 2022, exhibiting a 0.5% increase compared to the revised January estimate of USD 1,695.5 billion. This data underscores the significant scale and ongoing dynamics of the construction sector in the United States. Thus, the rising construction industry is driving market growth. In addition, the rising industrial sector and rising product innovation activities are creating new opportunities for market growth. However, the fluctuating raw material prices stifled market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Construction Anchors Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to the increasing number of petrochemical plants, rising construction industry, and rising industrial construction sector and supportive government initiatives in industrial and construction activities in the region. Moreover, Europe is projected to register the fastest growth owing to factors such as the rising industrial sector, rising infrastructure development activities., rising investment in manufacturing plants and product development activities in the region.

Major market player included in this report are:
Hilti Corporation
Stanley Black & Decker, Inc.- DEWALT
Illinois Tool Works Inc.
Adolf Wurth GmbH & Co. KG
Fischer Fixings UK Ltd.
Mechanical Plastics Corp.
Cobra Anchors
MKT Fastening, LLC
SFS Group Fastening Technology Ltd.
Friulsider S.p.A.

Recent Developments in the Market:
Ø In April 2023, Werner, a global frontrunner in ladders and a prominent manufacturer of climbing products and fall protection equipment, unveils the latest addition to its extensive fall protection lineup – the Werner R3 Concrete Anchor. Tailored for professionals working at elevated heights, this anchor is engineered to offer a reliable, secure, and straightforward installation process. The R3 Concrete Anchor is specifically designed to serve as a robust connection point for individuals working on concrete structures, ensuring safety and confidence in elevated work environments.

Global Construction Anchors Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Product, Material, End Use, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
Hangers
Chemical
Nail-in
Wall
Others

By Material:
Stainless Steel
Carbon Steel
Others

By End Use:
Residential
Commercial
Industrial
Infrastructural

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Construction Anchors Market, by Region, 2020-2030 (USD Billion)
1.2.2. Construction Anchors Market, by Product, 2020-2030 (USD Billion)
1.2.3. Construction Anchors Market, by Material, 2020-2030 (USD Billion)
1.2.4. Construction Anchors Market, by End Use, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Construction Anchors Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Construction Anchors Market Dynamics
3.1. Construction Anchors Market Impact Analysis (2020-2030)
3.1.1. Market Drivers
3.1.1.1. Rising number of construction and infrastructure development activities
3.1.1.2. Rising growing awareness of structural stability
3.1.1.3. Increasing adoption of technology in construction
3.1.2. Market Challenges
3.1.2.1. Fluctuating Raw Material Prices
3.1.3. Market Opportunities
3.1.3.1. Rising industrial sector
3.1.3.2. Rising product innovation activities
Chapter 4. Global Construction Anchors Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Construction Anchors Market, by Product
5.1. Market Snapshot
5.2. Global Construction Anchors Market by Product, Performance – Potential Analysis
5.3. Global Construction Anchors Market Estimates & Forecasts by Product 2020-2030 (USD Billion)
5.4. Construction Anchors Market, Sub Segment Analysis
5.4.1. Hangers
5.4.2. Chemical
5.4.3. Nail-in
5.4.4. Wall
5.4.5. Others
Chapter 6. Global Construction Anchors Market, by Material
6.1. Market Snapshot
6.2. Global Construction Anchors Market by Material, Performance – Potential Analysis
6.3. Global Construction Anchors Market Estimates & Forecasts by Material 2020-2030 (USD Billion)
6.4. Construction Anchors Market, Sub Segment Analysis
6.4.1. Stainless Steel
6.4.2. Carbon Steel
6.4.3. Others
Chapter 7. Global Construction Anchors Market, by End Use
7.1. Market Snapshot
7.2. Global Construction Anchors Market by End Use, Performance – Potential Analysis
7.3. Global Construction Anchors Market Estimates & Forecasts by End Use 2020-2030 (USD Billion)
7.4. Construction Anchors Market, Sub Segment Analysis
7.4.1. Residential
7.4.2. Commercial
7.4.3. Industrial
7.4.4. Infrastructural
Chapter 8. Global Construction Anchors Market, Regional Analysis
8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Construction Anchors Market, Regional Market Snapshot
8.4. North America Construction Anchors Market
8.4.1. U.S. Construction Anchors Market
8.4.1.1. Product breakdown estimates & forecasts, 2020-2030
8.4.1.2. Material breakdown estimates & forecasts, 2020-2030
8.4.1.3. End Use breakdown estimates & forecasts, 2020-2030
8.4.2. Canada Construction Anchors Market
8.5. Europe Construction Anchors Market Snapshot
8.5.1. U.K. Construction Anchors Market
8.5.2. Germany Construction Anchors Market
8.5.3. France Construction Anchors Market
8.5.4. Spain Construction Anchors Market
8.5.5. Italy Construction Anchors Market
8.5.6. Rest of Europe Construction Anchors Market
8.6. Asia-Pacific Construction Anchors Market Snapshot
8.6.1. China Construction Anchors Market
8.6.2. India Construction Anchors Market
8.6.3. Japan Construction Anchors Market
8.6.4. Australia Construction Anchors Market
8.6.5. South Korea Construction Anchors Market
8.6.6. Rest of Asia Pacific Construction Anchors Market
8.7. Latin America Construction Anchors Market Snapshot
8.7.1. Brazil Construction Anchors Market
8.7.2. Mexico Construction Anchors Market
8.8. Middle East & Africa Construction Anchors Market
8.8.1. Saudi Arabia Construction Anchors Market
8.8.2. South Africa Construction Anchors Market
8.8.3. Rest of Middle East & Africa Construction Anchors Market

Chapter 9. Competitive Intelligence
9.1. Key Company SWOT Analysis
9.1.1. Company 1
9.1.2. Company 2
9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. Hilti Corporation
9.3.1.1. Key Information
9.3.1.2. Overview
9.3.1.3. Financial (Subject to Data Availability)
9.3.1.4. Product Summary
9.3.1.5. Recent Developments
9.3.2. Stanley Black & Decker, Inc.- DEWALT
9.3.3. Illinois Tool Works Inc.
9.3.4. Adolf Wurth GmbH & Co. KG
9.3.5. Fischer Fixings UK Ltd.
9.3.6. Mechanical Plastics Corp.
9.3.7. Cobra Anchors
9.3.8. MKT Fastening, LLC
9.3.9. SFS Group Fastening Technology Ltd.
9.3.10. Friulsider S.p.A.
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

Need Assistance

Contact Person -
Krishant Mennon
Call us @
+ 91 99931 15879
Email: sales@bizwitresearch.com

Checkout

Why Choose Us?

Quality over Quantity

Backed by 60+ paid data sources our reports deliver crisp insights with no compromise quality.

Analyst Support

24x7 Chat Support plus
free analyst hours with every purchase

Flawless Methodology

Our 360-degree approach of market study, our research methods leave stones unturned.
Enquiry Now