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    Anchors Market Report

    Anchors Market Report
    Report code - SR1354 Published On : Nov,2021 No. of Pages: 135
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    Anchors Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: See more...

    Impact of COVID-19 on Anchors Market

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

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    Impact of COVID-19 on 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

    Anchors are used to providing a means of attachment between two or more separate elements. Anchors are of two types: cast-in-place anchors and post-installed anchors. Cast-in-place anchors are cast in the wet concrete before the latter sets. These types of anchors are installed in the foundation, which is then filled with wet concrete, only leaving the projecting thread of the anchor bolt exposed. Post-installed anchors are anchor bolts that are installed after a base has been set. A hole is drilled into the substrate, such as concrete, and masonry, and then the anchor is installed into the hole.

    The sudden outburst of the COVID-19 pandemic in 2020 has had a significant impact on the construction industry. The anchors market could not escape from such trends and witnessed a sharp plunge of -7.2% in 2020 amid the pandemic, in-line with the decline of the construction industry. However, the recovery from the disruption brought by the COVID pandemic is expected to commence from 2021 onwards. Overall, The anchors market is expected to recoup from 2021 onwards with a CAGR of 5.8% during 2021-2026 to reach a figure of US$ 4.6 billion in 2026. 

    Market Segments' Analysis

    Based on the product type, the anchors market is segmented as cast-in-place anchors and post-installed anchors. Post-installed anchor is expected to remain the larger segment of the market during the forecast period, owing to ease in installation, flexibility, and rapid construction. In addition to that, post-installed anchors can be precisely located and can be used for both new construction as well as old construction.

    Based on the 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 to that, the growing population coupled with urbanization and increasing per capita income is further expected to drive the market.

    Based on the end-user type, the market is segmented as infrastructure, commercial, residential, and industrial. The infrastructure segment is expected to hold the major share of the market during the forecast period, owing to increasing investment towards infrastructure development especially in emerging economies and rehabilitation projects in developed economies

    In terms of regions, Asia-Pacific is expected to be the fastest-growing market for anchors during the forecast period, owing to an expected recovery in the construction industry coupled with rapid urbanization and growing disposable income. North America and Europe are also likely to create sizeable opportunities in the coming five years, driven by an expected rebound in the construction industry. 

    Key Players

    The following are the key players in the anchors market.

    • Hilti Corporation
    • Wurth Group
    • Fischer Group
    • Illinois Tool Works Inc.
    • Simpson Strong-Tie Co. Inc.
    • Halfen GmbH
    • Henkel AG & Company, KGaA
    • EJOT Holding GmbH & Co. KG
    • DEWALT
    • Sika AG

    Research Methodology

    This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s 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.

    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 anchors market is segmented into the following categories. 

    Anchors Market, by Product Type

    • Cast-in-Place Anchors (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Post-Installed Anchors (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Anchors Market, by Substrate Type

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

    Anchors Market, by End-User Type

    • Infrastructure (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Commercial (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Residential (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Industrial (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Anchors Market, by Region

    • North America (Country Analysis: 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 sales@stratviewresearch.com

    Frequently Asked Questions (FAQs)

    The anchors market is estimated to grow at a CAGR of 5.8% by 2026.

    Hilti Corporation, Wurth Group, Fischer Group, Illinois Tool Works Inc., and Simpson Strong-Tie Co. Inc. are the leading players in the anchors market.

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

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