Market Highlights
The Cast-in-Place Anchors Market is estimated to grow at a healthy CAGR of 4.3% during the forecast period to reach a value of US$ 283.4 million in 2028.
What is a cast-in anchor?
Cast-in anchors are fixed in the concrete when the floors or walls are constructed. Anchor bolts are firmly held in place while the concrete is poured to maintain proper alignment and position. Cast-in anchors are majorly used when large embedment lengths and high tensile strengths are required for a given load. The location and size of the anchor are determined based on construction drawings and project requirements.
Market Dynamics
Major factors such as increasing construction activities globally coupled with population growth, rise in disposable income, and infrastructure development is likely to be the major demand generators for cast-in anchors during the forecast period. In addition, governments around the world have been investing in infrastructure projects, rapid urbanization and industrialization, and economic growth are further expected to fuel the growth of the cast-in anchors market.
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 cast-in-place anchor market.
- Hilti Group
- Simpson Strong-Tie
- Illinois Tool Works Inc.
- Birmingham Fastener
- Williams Form Engineering Corp.
- Pfeiffer group
- Fastenal
- Dewalt
- Terwa B.V
- Allfasteners Company
Segment Analysis
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Segmentations
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List of Sub-Segments
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Dominant and Fastest-Growing Segments
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Product-Type Analysis
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Headed bolt anchor and Hooked anchor
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Headed bolt anchor is expected to be the dominant segment by product type in the years to come.
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End-User-Type Analysis
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Infrastructure, Commercial, Residential, and Industrial
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Industrial is expected to be the dominant segment during the forecast period.
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Regional Analysis
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North America, Europe, Asia-Pacific, and the Rest of the World
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Asia-Pacific is expected to be the fastest-growing market over the next five years.
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Product Trends
The cast-in-place anchor market is segmented as headed bolt anchor and hooked anchor. Headed bolt anchor is expected to remain the larger and the faster-growing product type in the market during the forecast period, owing to ease in installation, increasing demand from various end-user applications, and an expected recovery in the construction industry. Headed bolt anchors are the construction fasteners that attribute a head to the non-threaded end. The headed part is installed into concrete or masonry so that a steel column, beam, bolt, rail, or other structural elements may be secured in place.
End-User Trends
The market is segmented as infrastructure, commercial, residential, and industrial. Industrial is expected to remain the biggest demand generator for cast-in-place anchors during the forecast period, owing to rising investments in industrial projects, especially in emerging economies, such as India, China, and Brazil. Expected recuperation in the economy and rising urbanization and industrialization are the major factors driving the growth of the cast-in-place anchors market in these economies.
Regional Analysis
Asia-Pacific is expected to be the fastest-growing market for the cast-in-place anchor market during the forecast period. The demand for the cast-in-place anchor is growing in the region due to increasing construction activities, growing disposable income, and rapid urbanization and industrialization. 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.
COVID-19 Impact
In 2020, the COVID-19 pandemic hit the construction industry hard, causing unimaginable disruption and losses for the stakeholders. The cast-in anchors market could not escape from such a trend and witnessed a decline of -6.2% in 2020 amid the pandemic. Supply chain disruption, suspension of infrastructure and commercial projects, limited demand for new buildings, labor and material shortages, and lockdowns across the world were some of the major consequences of the pandemic witnessed across the industry. However, the market got back on its growth trajectory in the year 2021.
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?
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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 Cast-in-Place Anchor 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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Will I get the information on my specific requirement?
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10% free customization
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Research Methodology
This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s Cast-in-Place Anchor 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
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