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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:

By Material:
Stainless Steel
Carbon Steel

By End Use:

By Region:

North America


Asia Pacific
South Korea

Latin America

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 Rising number of construction and infrastructure development activities Rising growing awareness of structural stability Increasing adoption of technology in construction
3.1.2. Market Challenges Fluctuating Raw Material Prices
3.1.3. Market Opportunities Rising industrial sector 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 Product breakdown estimates & forecasts, 2020-2030 Material breakdown estimates & forecasts, 2020-2030 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 Key Information Overview Financial (Subject to Data Availability) Product Summary 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

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Data Collection:
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Market Size Estimation:
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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.
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