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Facade Anchor Systems Market Trends, Size, Share, Scope By 2024-2033
Facade Anchor Systems Market
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Facade Anchor Systems Market Soars With The Surging Construction Industry
The rise in the construction industry is anticipated to boost the growth of the facade anchor systems market going forward. The construction industry refers to the commercial manufacturing and trade sector that deals with developing, preserving, and repairing infrastructures. Facade anchor systems are utilized as fastening components in the building industry to attach cladding panels to the outer wall. As a result, the building industry expansion will enhance the facade anchor systems market. For instance, according to a report published by ConstructConnect, a US-based provider of software solutions for the preconstruction industry, in 2021, the overall amount spent on construction in 2020 was $1.43 trillion, an increase of 4.8%. The rise in construction spending last year resulted from a nearly 12% increase in residential development that cost $813.9 billion in 2020. Additionally, in March 2023, according to the United States Census Bureau, a US-based principal agency of the federal statistical system, the number of privately owned housing units approved by building permits in February was 1,524,000 on a seasonally adjusted yearly basis. This is 13.8% more than the January rate, which was corrected to 1,339,000. Therefore, the rise in the construction industry is driving the growth of the facade anchor systems market.
Innovating Verticals Redefining Façade Anchor Systems Market Trends
Product innovation is the key trend gaining popularity in the façade anchor systems market. Major companies operating in the façade anchor systems market are focusing on developing innovative products to strengthen their position in the market. For instance, in May 2022, REFLECTION WINDOW + WALL, a US-based architectural building enclosure company, launched Tomahawk 2 anchor, a revolutionary addition to its UWall system notched vertical universal wall system. The unique feature of Tomahawk 2 is its ability to improve the UWall system by removing post-tension cable interference during construction. The adjustable stack joint location of the Tomahawk 2 anchor sets it apart from other notched vertical speed anchor systems currently on the market and gives users the ability to move the stack above the slab to accommodate knee walls and interior partitions.
The facade anchor systems market covered in this report is segmented -
1) By Product Type: Façade Anchor, Masonry Anchor
2) By Application: Masonry, Concrete, Curtain Wall, Other Applications
3) By End-User: Residential, Non-Residential
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Major companies operating in the facade anchor systems market report are Heckmann Building Products Inc., Davit Arm Systems Inc., WIRE-BOND Inc., EJOT Group, Monarch Metal Fabrication Inc., Hilti Aktiengesellschaft, Knight Wall Systems Inc., Simpson Strong-Tie Company Inc., Fischer Group of Companies, Halfen GmbH, GRIDWORX LLC, CRH plc, Berkshire Hathaway Inc., Prosoco Inc., EFG Fassadenbefestigungen, KEIL Befestigungstechnik GmbH, TOX Pressotechnik GmbH & Co. KG, Sofa System S.r.l., Hohmann & Barnard Inc., Nichiwa Anchor Systems Co. Ltd., Megatec Anchor Systems GmbH, Würth Fassaden GmbH, ETA Fassadentechnik GmbH, Allfa Aluminium Befestigungssysteme GmbH, MKT Metal & Kunststoff Technik GmbH, S+P Befestigungstechnik GmbH, BEMO Fassadenbefestigungen GmbH, Alumasc Group Limited, Mungo Befestigungstechnik, FACADEFIX Befestigungssysteme GmbH
Contents of the report:
1. Executive Summary
2. Facade Anchor Systems Market Report Structure
3. Facade Anchor Systems Market Trends And Strategies
4. Facade Anchor Systems Market - Macro Economic Scenario
5. Facade Anchor Systems Market Size And Growth
…..
27. Facade Anchor Systems Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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