Construction Anchors Market is estimated to reach a valuation of US$ 19.5 Billion by 2032

The construction anchors market is anticipated to expand at a CAGR of 6.0% from 2022 to 2032, reaching a valuation of US$ 19.5 Billion by the end of that year. As engineers look for compact, corrosion-resistant ways to support engineered slopes and retaining walls, the use of construction anchors is expanding.

The use of anchors in outdoor venues helps with audience seating as well because they offer a safe and secure way to keep spectators in their seats throughout an event. Large objects like sculptures or signs can be secured in place using anchors as well.

The market is expanding as a result of rising project investment and demand for new build extensions in developing nations. The construction of buildings segment

“Increasing residential construction activities in the development of smart cities, along with growing demand for construction anchors made from sustainable materials will augment the growth in the market over the forecast period,” says an FMI analyst.

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Key Takeaways:

· By Application, retail sales are expected to grow at a CAGR of 6.2% during the forecast period.

· By product type, the metal segment is anticipated to dominate the market of construction anchors and is further expected to account for about 36.6% of the market share.

· By sales channel, the retail segment is projected to lead the construction anchors market and is further anticipated to create an absolute dollar opportunity worth US$ 2,033.5 Mn in between the forecast period.

· In terms of region, construction anchor sales in Europe are estimated to exhibit a CAGR of 6.3%.

Construction Anchors Market Competitive Landscape

Manufacturers are strategically collaborating with technology partners for long supply relations and to instigate a central control unit for different ADAS technologies.

Summary

The research report analyses the market demand trend for the construction anchors. The global market is based on COVID-19 impact, macroeconomic factors, market trends & market

Among the industry’s key players are Stanley Black & Decker, Inc, Hilti Corporation, Simpson Manufacturing Co., Inc, EJOT Holding GmbH & Co. KG, Misumi Corporation, Ancon Limited, Fosroc Chemicals (India) Private Limited, Unika Co. Ltd, UNIQUE FASTENERS P. LTD , Yuyao City Xintai Hardware Co. Ltd, FIXDEX Fastening Technology, EMC Fasteners and Tools, Ningbo Londex Industrial Co. Ltd, HASM Co. Ltd and others.

background. As per Future Market Insights’ research scope, the construction anchors market report is studied and analyzed in the following segments such as by product type, application, sales channel & regions. The construction anchors market report gives us qualitative and quantitative information about the companies.

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Key Segments Covered in Construction Anchors Industry Analysis

Construction Anchors Market by Product Type:

  • Metal
    • Wedge anchors
    • Undercut anchors
    • Concrete screws
    • Drop-In Anchors
    • Sleeve and Nail Anchors
    • Cast-In Anchors
  • Chemical
    • Injectable adhesive anchors
    • Capsule adhesive anchors
  • Light Duty Anchors
    • (Nylon) Plugs
    • Drywall Plugs
    • Drywall Screws
    • Insulation Anchors
    • Metal Screws

Construction Anchors Market by Application:

  • Building Construction
  • Civil Engineering
  • Construction Installation
  • DIY

Construction Anchors Market by Sales Channel:

  • Direct Sales
  • Distributor Sales
  • Retail Sales
  • Home Centers
  • Online Sales

Construction Anchors Market by Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia Pacific
  • Middle East & Africa

About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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About the Author

Ronak Shah

Associate Vice President at Future Market Insights is deeply committed to uncovering actionable insights for consumer and food and beverage players. She brings a unique blend of analysis, industry trends, and consumer behavior to put data into perspective.

What she makes out of data becomes a delight to read. She has authored many opinions, including for publications like Process Industry Informer and Spinal Surgery News, as she understands the market pulse and consumers' shifting preferences.

She likes to bring experts to a roundtable to weigh the impact of a trend on an industry. Catch up with her discussion on the impact of AI in packaging.

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