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    Post-Installed Anchors Market Growth & Forecast

    Post-Installed Anchors Market Growth & Forecast
    Report code - SR1158 Published On : Feb,2023 No. of Pages: 135
    Post-Installed Anchors Market Size, Share, Trend, Forecast, Competitive Analysis, and Grow See more...

    Market Highlights

    The post-installed anchors market was estimated at USD 3.7 billion in 2022 and is likely to grow at a CAGR of 5.0% during 2023-2028 to reach USD 4.7 billion in 2028.

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    In the year 2020, the outbreak of COVID-19 has had a noticeable impact on the construction industry - supply chain disruption, halt in infrastructure and commercial projects, and lockdowns across the world. The post-installed anchors market witnessed a decline of -9.8% in 2020 amid the pandemic. However, the market got recovered from the disruption brought on by the COVID-19 pandemic in the year 2021.

    What are post-installed anchors?

    Post-installed anchors are mechanical fasteners that are installed after the concrete has been cast and cured. A hole is drilled into the substrate such as concrete, masonry, etc. and then the anchor is installed into the hole.

    Post-installed anchors can be categorized into mechanical anchors and chemical anchors. Mechanical anchors are first placed into a pre-drilled hole and then they expand. Chemical anchors are anchor bolts that are placed in a pre-drilled hole, which contains an adhesive that dries and bonds to the anchor rod thread as well as the substrate. The basic purpose of the anchor is to provide a means of attachment between two or more separate elements.

    Post-Installed Anchors Market Report Overview

    Market Size in 2028

    USD 4.7 Billion

    Market Size in 2022

    USD 3.7 Billion

    Market Growth (2023-2028)

    CAGR of 5.0%

    Base Year of Study

    2022

    Trend Period

    2017-2021

    Forecast Period

    2023-2028

    Market Drivers

    Major factors such as a rise in spending on infrastructure development and increasing demand from commercial and residential construction sectors are driving the post-installed anchors market. The market is also driven by rapid urbanization, increasing disposable income, and increasing global population. 

    Key Players

    The market is highly populated with the presence of several local, regional, and global players. Most of the major players compete in some of the governing factors including price, product offerings, regional presence, etc.

    The following are the key players in the market-

    Recent Market JVs and Acquisition

    • In 2021, Würth Group in order to expand its product offerings in the construction industry, acquired Atlantic Fasteners, an anchor bolt manufacturer, as well as a distributor of standard and specialty fasteners.
    • In 2017,  Simpson Strong-Tie acquired Gunnebo, a manufacturer of premium-quality nails, screws, collated fasteners, and mechanical and chemical anchors. The acquisition strengthened Simpson’s construction products line-up.

    Segment Analysis

    Segmentations

    List of Sub-Segments

    Dominant and Fastest-Growing Segments

    Product-Type Analysis

    Mechanical Anchor and Chemical Anchor

    Mechanical anchor is estimated to maintain its leading position in the years to come.

    Substrate-Type Analysis

    Concrete, Masonry, Natural Stone, and Others

    Concrete is expected to be the dominant substrate type during the forecast period.

    End-User-Type Analysis

    Infrastructure, Commercial, Residential, and Industrial

    Infrastructure is estimated to hold the major share by end-user type during the forecast period.

    Regional Analysis

    North America, Europe, Asia-Pacific, and the Rest of the World

    Europe is expected to remain the most dominant in the market & Asia-Pacific is likely to grow at the fastest rate during the forecast period.

    Product Type:

    The market is segmented into the mechanical anchor and chemical anchor. Mechanical anchor is expected to remain the larger segment in the market during the forecast period owing to the ease of installation, increasing demand from various end-use applications, and expanding construction industry globally.

    In addition to that, mechanical anchors are usually cheaper than chemical anchors, provide stable performance, and are best for time-critical projects as one can apply loads to mechanical fasteners immediately after installation. 

    Substrate Type:

    The market is segmented as concrete, masonry, natural stone, and others. Concrete is expected to remain the dominant substrate type in the market during the forecast period. Concrete is the most commonly used construction material as it poses high compressive strength, high-temperature resistance, and excellent water resistance characteristics. In addition, growing urbanization coupled with increasing disposable income of the consumer is further expected to drive the market.

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    End-User Type:

    The market is segmented as infrastructure, commercial, residential, and industrial. Infrastructure held the largest share of the market. Major factors, such as increasing focus on infrastructural development, population growth, economic expansion, and urbanization are expected to fuel the growth of the post-installed anchors market during the forecast period.

    Regions Analysis:

    Europe is expected to remain the most dominant in the market over the forecast period and it held the highest market share of more than 35% in 2022. Europe holds the major chunk of the market, driven by the organic growth of the construction industry, revamp in rehabilitation projects, and increasing demand for DIY products. The top 3 players are headquartered in Europe: Hilti Corporation, Würth Group, and Fischer Group.

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    Asia-Pacific is expected to be the fastest-growing market for the post-installed anchors market during the forecast period. The demand for post-installed anchors is growing in the region owing to the growing construction industry, rapid urbanization, and industrialization in key economies such as China and India.

    In addition to that, rapid economic growth is also expected to drive the market during the forecast period. North America will also likely create sizeable opportunities in the coming five years, driven by an expected rebound in the construction industry.

    Target Audience

    Here is the list of the group of customers that the post-installed anchors market hopes to have the greatest opportunity to convert-

    • Distributors
    • Suppliers
    • Manufacturers
    • Logistics organizations
    • Government bodies 

    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.

    What deliverables will you get in this report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth analysis of the Post-Installed Anchors Market

    How lucrative is the future?

    Market forecast and trend data and emerging trends

    Which regions offer the best sales opportunities?

    Global, regional and country level historical data and forecasts

    Which are the most attractive market segments?

    Market segment analysis and forecast

    Which are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, Life cycle analysis

    What are the factors affecting the market?

    Drivers & challenges

    Will I get the information on my specific requirement?

    10% free customization

    Research Methodology

    This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s post-installed anchors market realities and future market possibilities for the forecast period.

    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.

    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 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 sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    The market is estimated to grow at a CAGR of 5.0% during the forecast period. Increasing construction activities and spending in public infrastructure projects coupled with rapid urbanization and a growing population are driving the demand for fasteners including post-installed anchors.

    Hilti Corporation, Wrth Group, Fischer Group, Illinois Tool Works Inc., and Simpson Strong-Tie Co. Inc. Henkel AG & Company, KGaA are the leading players in the market.

    Europe is estimated to remain dominant in the post-installed anchor market in the foreseeable future due to the presence of major players in the region, increasing investment toward infrastructure development, and growing construction activities are likely to remain the growth engine of the regions market.

    Asia-Pacific is estimated to remain the fastest-growing market for post-installed anchors in the foreseeable future. Increase in infrastructure and commercial development and growing industrial construction sector due to rapid industrialization are driving the regional market. In addition to that, increasing demand for residential construction due to increasing population is further expected to fuel the regions market growth.

    Infrastructure is likely to maintain its dominance in the market in the next five years owing to population growth, urbanization, rapid economic growth coupled with rising infrastructure development, especially in emerging economies such as China and India.