Market Highlights
"The global 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."
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.
Segments' Analysis
Product Trends
"Mechanical restraining anchors segment accounted for the largest market share."
Based on the product type, the restoration anchors market is segmented as mechanical restraining anchors, mechanical repair anchors, and helical tie anchors. Mechanical restraining anchors are 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.
Application Trends
"Masonry segment accounted for the largest market share."
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 drivers for the use of restoration anchors for masonry applications.
Regional Insights
"Europe accounted for the largest market share."
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
Note: The above list does not necessarily include all the top players in the market.
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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:
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Key questions this report answers
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Relevant contents in the report
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How big is the sales opportunity?
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In-depth analysis of the Restoration Anchors Market
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How lucrative is the future?
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Market forecast and trend data and emerging trends
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Which regions offer the best sales opportunities?
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Global, regional and country level historical data and forecasts
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Which are the most attractive market segments?
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Market segment analysis and forecast
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Which are the top players and their market positioning?
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Competitive landscape analysis, Market share analysis
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How complex is the business environment?
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Porter’s five forces analysis, PEST analysis, Life cycle analysis
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What are the factors affecting the market?
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Drivers & challenges
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10% free customization
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The restoration anchors market is segmented into the following categories:
By Product Type
- Mechanical Restraining Anchors
- Mechanical Repair Anchors
- Helical Tie Anchors
By Application Type
- Masonry
- Natural Stone
- Precast Concrete
- Others
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 the Rest of Asia-Pacific)
- Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others)
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.
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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
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