Facade Anchors Market Report
Facade Anchors Market is Segmented by Product Type (Façade Anchors and Masonry Anchors), by Application Type (Curtain wall, Rainscreen Cladding, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
Facade Anchors Market is Segmented by Product Type (Façade Anchors and Masonry Anchors), by Application Type (Curtain wall, Rainscreen Cladding, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of ...
Impact of COVID-19 on Facade 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.
Facade anchors are anchoring systems used to tie facades to the main formation of the building. These anchors can be used for all standard substrates and are characterized by their specifically developed enlargement zones. Attaching facade elements, such as glass and sun shades, to the substrates such as timber, steel, and concrete, require specialized anchoring product; thus, are designed and manufactured differently to meet the requirements of the applications.
Post-2008-Subprime crises, the construction industry slowly returned to its growth trajectory and was expecting to further prosper in the coming decades. However, the sudden outburst of the Covid-19 pandemic shocked the entire ecosystem of the market, resulting in supply chain sabotage, mandatory lockdowns across the globe, and a halt in infrastructure projects. Although the global facade anchors market represents a small share of the industry, it could not escape from the severe impact of the pandemic. As a result, the facade anchors market registered a decline of about -9.7% in 2020, creating significant losses for industry stakeholders serving the market.
With that being said, the facade anchors market is likely to rebound at a promising rate in the near term supported by a recovery in the global economy, the revival of the construction industry across key economies, an increase in supply to meet the demand, and a gradual shift from low-rise buildings to mid-and high-rise buildings as well as skyscrapers. Overall, the global facade anchors market is expected to heal at a CAGR of 5.6% during the forecast period to reach a value of US$ 649.2 million in 2026.
Based on the product type, the market is segmented as facade anchors and masonry anchors. Facade anchor is expected to remain the larger and the faster-growing product type in the market in the foreseen future. In the past few decades, the trend towards high-rise buildings for both residential and commercial purposes has grown significantly across the globe. High-rise buildings require efficient fastening and anchoring solutions for facade installations.
Based on the application type, the market is segmented as curtain walls, rain-screen cladding, and others. Curtain walls are estimated to maintain their dominance in the market over the next five years. The dominance and growth of the curtain walls segment can be attributed to the huge demand coming from the commercial industry. The curtain wall is a building envelope that gives pleasure aesthetics to the building exterior.
In terms of regions, Europe is expected to remain the largest market for facade anchors during the forecast period. The construction sector is among the largest economic sector in Europe accounting for approx. 9% of the region’s GDP. The rapidly expanding civil and commercial construction industry in the region is the primary factor, driving the demand for facade anchors. Further, increasing investments towards the rehabilitation of historical and old buildings are acting as a catalyst towards the growth of the market. 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 investments in the maintenance of old and historical buildings.
The façade anchors market is relatively fragmented with the presence of a large number of companies. The following are the key players in the façade anchors market.
This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s façade 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 1000 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.
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:
The facade anchors market is segmented into the following categories.
Facade Anchors Market, by Product Type
Facade Anchors Market, by Application Type
Facade Anchors Market, by Region
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The façade anchors market is estimated to grow at a CAGR of 5.6% during 2021-2026.
Hilti Group, Wurth Group, EJOT Holding GmbH & Co. KG, Halfen, Fischer Group of Companies, and Simpson strong Tie are the leading players in the façade anchors market.
Europe is estimated to remain dominant in the façade anchors market in the foreseen future.