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    Restoration Anchors Market Report

    Restoration Anchors Market Report
    Report code - SR1133 Published On : Sep,2021 No. of Pages: 125
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    Restoration Anchors Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth See more...

    Impact of COVID-19 on Restoration Anchors Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Restoration Anchors Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Highlights

    Restoration anchors are used to repairing and stabilizing weak masonries and to restore and provide strength to the existing buildings. Restoration is the process of preserving and returning the building to its former position or improve the condition.

    In 2020, the COVID-19 pandemic hit the construction industry hard with a grave impact on the entire ecosystem. The restoration anchors market logged a massive decline of -7.9% in 2020, quite aligned with the decline in the overall construction industry. Based on the primary interviews coupled with the study of recovery trajectories of previous downturns, it is estimated that the market will start rebounding from 2021 onwards followed by my maintaining sequential growth. Overall, the restoration anchors market is likely to rebound at a promising CAGR of 5.4% in the long run to reach US$ 227 Million in 2026. 

    Market Segments' Analysis

    Based on the product type, the restoration anchors market is segmented as mechanical restraining anchors, mechanical repair anchors, and helical tie anchors. Mechanical restraining anchor is expected to remain the most dominant product type in the market during the forecast period owing to the increasing demand for mechanical restraining anchors from masonry and precast concrete applications. In addition to that, mechanical restraining anchors are gaining traction as they eliminate the need for the removal and resetting of stone, brick, or precast panels.

    Based on the application type, the market is segmented as masonry, natural stone, precast concrete, and others. Masonry is expected to remain the dominant application type in the market during the forecast period. Increasing investments in the maintenance and repair of existing building structures are the major growth driver for the use of restoration anchors for masonry applications.

    In terms of regions, Europe is expected to remain the largest market for restoration anchors during the forecast period. The demand for restoration anchors is growing in the region due to the presence of several historical buildings, stringent government regulations, and growing disposable income of consumers leading to an increased demand for restoration of buildings. North America and Asia-Pacific are also likely to create sizeable opportunities in the coming five years, driven by an expected rebound in the construction industry and increasing investment in the maintenance of old and historical buildings.

    Key Players

    The following are the key players in the restoration anchors market.

    • Fisher Group
    • Helifix, Inc.
    • PAM Ties Ltd.
    • PROSOCO, Inc.
    • Simpson Strong-Tie Company Inc.
    • Sormat Oy
    • SureCPS Group
    • Target Fixings Ltd.
    • Thor Helical Ltd.
    • Wykamol Group Ltd

    Research Methodology

    This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s restoration anchors market realities and future market possibilities for the forecast period of 2021 to 2026. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis.
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
    • Market trend and forecast analysis.
    • Market segment trend and forecast.
    • Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
    • Attractive market segments and associated growth opportunities.
    • Emerging trends.
    • Strategic growth opportunities for the existing and new players.
    • Key success factors.

    The restoration anchors market is segmented into the following categories. 

    Restoration Anchors Market, by Product Type

    • Mechanical Restraining Anchors (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Mechanical Repair Anchors (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Helical Tie Anchors (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Restoration Anchors Market, by Application Type

    • Masonry (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Natural Stone (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Precast Concrete (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Restoration Anchors Market, by Region

    • North America (Country Analysis: The USA and Canada)
    • Europe (Country Analysis: Germany, France, the UK, Spain, Russia, and Rest of Europe)
    • Asia-Pacific (Country Analysis: Japan, China, India, and Rest of Asia-Pacific)
    • Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others)

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to three players)
    • SWOT analysis of key players (up to three players)

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to [email protected]

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to three players)
    • SWOT analysis of key players (up to three players)

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to [email protected]

    Frequently Asked Questions (FAQs)

    The restoration anchors market is estimated to grow at a CAGR of 5.4% during 2021-2026.

    Fisher Group, Helifix, Inc., PAM Ties Ltd., PROSOCO, Inc., Simpson Strong-Tie Company Inc., Sormat Oy, SureCPS Group, Target Fixings Ltd., Thor Helical Ltd., and Wykamol Group Ltd. are the leading restoration anchor suppliers.

    Europe is estimated to remain dominant in the restoration anchors market in the foreseen future.

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