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Purchase ReportConcrete Anchors/Fasteners Market Size And Forecast
The concrete anchors/fasteners market size was valued at USD 2.86 billion in 2022 and is projected to reach USD 11.93 billion by 2030, growing at a CAGR of 6.8% from 2023 to 2030.
Global Concrete Anchors/Fasteners Market Size By Type (Mechanical Anchors/Fasteners, Adhesive Anchors/Fasteners), By Application (Residential, Commercial, Industrial, Infrastructure), By Geographic Scope And Forecast
Size, byProduct, 2024 - 2032{USD Billion}
The concrete anchors/fasteners market size was valued at USD 2.86 billion in 2022 and is projected to reach USD 11.93 billion by 2030, growing at a CAGR of 6.8% from 2023 to 2030. request a free sample copy
The characteristics of anchor fasteners, such as their lightweight, anticorrosive strength, and fine finishing, are anticipated to drive market expansion. Increments in building and development exercises in emerging nations are likewise expected to drive the interest for anchor clasps. The Global Concrete Anchors/Fasteners Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, the competitive landscape, and factors playing a substantial role in the market.
Global Concrete Anchors/Fasteners Market Definition
Concrete can be secured to structures or objects with anchor fasteners. According to industry standards, they are lightweight and utilized for numerous purposes in the mechanical and infrastructure industries. Diverse concrete anchors, clinching fasteners, rivet nuts, interlock rivets, and lock bolts are among the anchor fasteners utilized in the industry.
Global Concrete Anchors/Fasteners Market Overview
The characteristics of anchor fasteners, such as their lightweight, anticorrosive strength, and fine finishing, are anticipated to drive market expansion. Increments in building and development exercises in emerging nations are likewise expected to drive the interest for anchor clasps. Development exercises, the ascent sought after for modern latches, and the rising reception of lightweight materials in the auto and aviation businesses. The market is also being driven by the rising demand for high-performance fasteners in various end-use sectors like infrastructure, energy, and oil and gas.
Thinking about growing the market? Research and development that connects to these areas can really help! It's because manufacturers are hyper-focused on making stuff that's easy on the planet and ticks all the regulatory boxes. We're also expecting to see a big boost in the demand for anchor fasteners globally, especially with all the industrial growth happening in places like China, India, Brazil, and South Africa. Better economies and fast-growing cities in these emerging markets should also mean more sales for anchor fasteners. But here's the thinghow much the anchor can expand compared to the hole size can be a real pain. This limitation could definitely hold back the anchor fastener market.
Global Concrete Anchors/Fasteners Market Segmentation Analysis
The Global Concrete Anchors/Fasteners Market is segmented on the basis of type, application, and geography.
Concrete Anchors/Fasteners Market, By Type
- Mechanical Anchors/Fasteners
- Adhesive Anchors/Fasteners
Based on type, the market is segmented into mechanical anchors/fasteners and adhesive anchors/fasteners.
Concrete Anchors/Fasteners Market, By Application
- Residential
- Commercial
- Industrial
- Infrastructure
Based on application, the market is segmented into residential and commercial.
Concrete Anchors/Fasteners Market, By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- Rest of the world
On the basis of geography, the global concrete anchors/fasteners market is classified into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. In terms of high auto part production in China and other nations, the Asia-Pacific Anchors/Fasteners Market holds a significant share. The market for anchor fasteners has also experienced significant expansion over the past few years as a result of expanding building and construction activities in developing nations.
This region also has growth opportunities thanks to an increase in the production of electronic and electrical products. The market for anchor fasteners also has significant growth potential in Europe and North America. In addition, the market for anchor fasteners will be driven by an increase in the demand for high-quality industrial fasteners.
Key Players
The “Global Concrete Anchors/Fasteners Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Stanley Black & Decker, ITW, Hilti, Concrete Fastening Systems, Wurth, Acument Global Technologies, SANKO TECHNO, Ancon, Fischer Fixings, Gem-Year, Marmon, SFS Intec, Triangle Fastener Corporation, Anchor Group, Daring Architecture, Hua Wei, NJMKT, and others.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the players mentioned above globally.
Key Developments
- Stanley Black & Decker2021 is the rising interest for manageable and eco-accommodating items. Concrete anchors and fasteners that are made from recycled materials and have a low carbon footprint are the current focus of numerous manufacturers.
- Concrete Fastening SystemsOne more key advancement in the market is the developing interest in lightweight and high-strength substantial anchors/clasps. In order to develop novel products that are lighter in weight but stronger and more durable, manufacturers are making investments in R&D.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing, as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Concrete Anchors/Fasteners Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework, providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the Global Concrete Anchors/Fasteners Market, gauge the attractiveness of a certain sector, and assess investment possibilities.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| STUDY PERIOD | 2019-2030 |
| BASE YEAR | 2022 |
| FORECAST PERIOD | 2023-2030 |
| HISTORICAL PERIOD | 2019-2021 |
| UNIT | Value (USD Billion) |
| KEY COMPANIES PROFILED | Stanley Black & Decker, ITW, Hilti, Concrete Fastening Systems, Wurth, Acument Global Technologies, SANKO TECHNO, Ancon, Fischer Fixings, Gem-Year, Marmon, SFS Intec, Triangle Fastener Corporation, Anchor Group, Daring Architecture, Hua Wei, NJMKT, and others. |
| SEGMENTS COVERED |
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| CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope |
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Research Methodology of Market Research
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Reasons to Purchase this Report
We take a look at the market from all angles, using both qualitative and quantitative analysis. This means we consider everything from the hard numbers to the more nuanced stuff. We also break things down by segmentation, looking at both economic factors and things that aren't strictly about money. Then, we give you the market value in USD billion for each little piece of the market. You'll see which region and segment is expected to really take off and become the leader. Plus, we analyze each geographic area, showing you where the product/service is being used and what's driving the market there. We also map out the competitive landscape, showing you where the big players rank and highlighting any new offerings, collaborations, expansions, or acquisitions they've made in the last five years. And finally, we give you detailed company profiles, including an overview, insights, product benchmarking, and a good old SWOT analysis for the key players in the market. The current...