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Anchor Fasteners Market Analysis, Trends, Growth and Forecast 2018 - 2028
Global Anchor Fasteners Market: Introduction
Anchor fasteners are used to attach structures or objects to concrete. They are lightweight used in the mechanical and infrastructure industries for numerous purposes, according to the industry standards. Anchor fasteners for industry purposes include various concrete anchors, clinching fasteners, rivet nuts, interlock rivets, and lock bolts, amongst others. There are mainly two types of anchor fasteners, namely mechanical fasteners and chemical or adhesives fasteners. The fasteners work on the property of fiction to anchor themselves in a place, whereas adhesives fasteners require special adhesives to stick the anchors into hole. Without the right anchor, no structure can be held together safely; for choosing the right anchor first the entire structure to be examined. Anchor fasteners also differ with the base material used during the construction, as if the material is drywell than the anchor fasteners are used for covering studded walls and ceilings in both commercial and residential purpose. The technological advancement in fasteners technology will further boost the demand for anchor fasteners.
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Global Anchor Fasteners Market: Dynamics
The qualities associated with the anchor fasteners include lightweight, anticorrosive strength and finely finished among others are projected to driver the growth for anchor fasteners market. Increase in building and construction activities in developing countries is also expected to drive the demand for anchor fasteners. Growing industrialization in emerging countries such as China, India, Brazil and South Africa is expected to fuel the demand for anchor fasteners globally during the forecast period. Improving economic conditions and rapid urbanization is also expected to increase the sales of anchor fasteners in emerging markets.
The restraining factor associated with the anchor fasteners is the expansion of anchor against the size of sides of the hole. This will further hamper the growth of anchor fasteners market.
Global Anchor Fasteners Market: Segmentation:
The global anchor fasteners market can be segmented on the basis of product type, fasteners type and application.
On the basis of product type, the global anchor fasteners market is segmented as:
Mechanical anchors
Adhesives anchors
On the basis of fasteners type, the global anchor fasteners market is segmented as:
Hammer Drive Anchors
Toggle Wing Bolts
Plastic Anchors
Wedge anchors
Flat Head Sleeve Anchors
Hex Nut Sleeve Anchors
Drop-In Anchors
Hollow Wall/ hollow wall drive Anchors
Acorn Nut Sleeve Anchors
Hammer Drive Mushroom Head Anchors
Hammer Drive Flat Head Anchors
Concrete Screws
On the basis of application, the global anchor fasteners market is segmented as:
Building and construction
Electronic industry
Automotive industry
Mechanical & infrastructure industries
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Global Anchor Fasteners Market: Regional Outlook
Asia Pacific anchor fasteners market holds a major share in terms of high production of auto parts in China and other countries. With growing building and construction activities in developing countries the anchor fasteners market is also tracing high growth from last few years. Increase in electrical and electronic product manufacturing also provide growth opportunities for this region. North America followed by Europe also delivers high growth opportunities for anchor fasteners market. Moreover the rise in demand for high grade industrial fasteners will drive the demand for anchor fastener market. People in developed regions such as North America and Europe consider home improvement and small maintenance activities as a favorable pastime. To leverage benefit of changing consumer preference toward DIY ethics, manufacturers are focusing on providing compact, portable and cost-efficient tool solution to household users. Furthermore, this trend is now significantly shifting to developing markets as well. Emerging markets include countries undergoing rapid economic growth and industrialization and are poised to emerge as substantial markets such as Latin America and MEA market. Furthermore, the anchor fasteners market in Latin America and MEA is expected to show moderate growth over the forecast period.
Global Anchor Fasteners Market: Key Players
Examples of some of the key market participants in the global anchor fasteners market are:
Structural Bolt and Manufacturing
UNIQUE FASTNERS
ARGIP Sp. z o. o
Powers Fasteners
Pacific Bolt Manufacturing Ltd.
Classic Metallic Sheets Factory LLC.
BTM Manufacturing
EDSCO Fasteners
Allfasteners Australia
Technical Metal
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
The report provides the following information:
Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies
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The main aim of the report is to:
Enable key stakeholder’s in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution
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