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The Post-Installed Anchors Market is likely to rise at a CAGR of 5.0% during 2023-2028, to reach US$ 4.7 billion in 2028, states Stratview Research.
DETROIT, June 5, 2023 /PRNewswire/ -- Stratview Research, a global market research firm has launched a report on the global Post-Installed Anchors Market which provides a comprehensive analysis of the global and regional industry forecast, current & emerging trends, segment analysis, and competitive landscape.
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Report Highlights
Market Size in 2028
USD 4.7 billion
Growth (CAGR)
5.0% during 2023-2028
Forecast Period
2023-2028
Trend Period
2017-2021
Base Year
2022
Number of Segments Covered
4
Number of Tables & Graphs
50+
Country Level Market Assessment
20
Segment Insights on Post-Installed Anchors Market
The global post-installed anchors market is segmented based on product type, substrate type, end-user type, and region.
Based on 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.
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, growing urbanization coupled with increasing disposable income of the consumer is further expected to drive the market.
Based on 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.
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Which Region Offers the Best Opportunity and Growth?
The report suggests that the 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. This growth is majorly attributed to the following –
The organic growth of the construction industry,
Revamp in rehabilitation projects,
Increasing demand for DIY products.
Likewise, 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.
Post-Installed Anchors Market Drivers
Some of the key drivers listed in the report are given below.
Rise in spending on infrastructure development
Increasing demand from commercial and residential construction sectors.
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Top 10 Companies in Post-Installed Anchors Market?
The market is fairly consolidated with the presence of some global and regional players. Stratview Research has identified the following companies as the top market players.
Simpson Strong Tie Co. Inc
Würth Group
Hilti Corporation
Fischer Group
Illinois Tool Works Inc.
Halfen Gmbh
Henkel AG & Company, KGaA
EJOT Holding GmbH & Co. KG.
DEWALT
Sika AG
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
Related reports which might be useful:
Mechanical Anchor Market
Chemical Anchor Market
About us –
Stratview Research is a global market research firm that highly specialises in aerospace & defense, chemicals, and few other industries.
It launches limited number of reports annually on the above-mentioned specialisations. The reliability and insightfulness of the reports enable the readers take convincing business decisions.
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SOURCE Stratview Research