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

Concrete Anchors/Fasteners Market Size And Forecast

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.

The characteristics of anchor fasteners, such as their lightweight, anticorrosive strength, and fine finishing, are anticipated to drive market expansion. Increment in building and development exercises in emerging nations is likewise expected to drive the interest for anchor clasp. 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, 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. Increment in building and development exercises in emerging nations is likewise expected to drive the interest for anchor clasp. 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.

Market expansion can be fueled by research and development associated with these areas. This is on the grounds that makers are zeroing in on creating items that are harmless to the ecosystem and meet rigid administrative necessities. During the forecast period, the global demand for anchor fasteners is anticipated to be fueled by rising industrialization in emerging nations like China, India, Brazil, and South Africa. Anchor fasteners’ sales in emerging markets are also expected to rise as a result of improving economic conditions and rapid urbanization. The expansion of the anchor in relation to the size of the sides of the hole is the constraining factor associated with the anchor fasteners. The market for anchor fasteners will suffer further as a result of this.

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, 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 Archietecture, 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

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Research Methodology of Market Research

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as we