Post-Installed Anchors Market is Forecasted to Reach US$ 4.7 billion in 2028, Says Stratview Research

The global post-installed anchors market is projected to witness a growth rate of 5.0% annually from 2023 to 2028, with an anticipated size of US$ 4.7 billion by 2028, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global post-installed anchors market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

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Report Highlights:
Market Size in 2028: US$ 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: 100+

Segment Insights on the Post-Installed Anchors Market:
The global post-installed anchors market is segmented based on substrate type, product 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 largest segment in the market during the forecast period owing to the ease of installation, increasing demand from various end-use applications, and the 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, growing urbanization coupled with increasing disposable income of the consumer is further expected to drive the market.

To know the most attractive segments, visit:
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Which Region Shows the Most Promising Growth Forecast and Opportunity?

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. Europe holds the major chunk of the market, driven by the organic growth of the construction industry, revamp in rehabilitation projects, and increasing demand for DIY products. The top 3 players are headquartered in Europe: Hilti Corporation, Würth Group, and Fischer Group.
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.
- Growing urbanization and large-scale construction boost demand for reliable post-installed anchoring solutions.
- Rise in spending on infrastructure development
- Increasing demand from commercial and residential construction sectors
- Growth in warehouses, factories, and industrial facilities requires robust anchoring solutions for heavy loads.

Top Companies in the Post-Installed Anchors Market:
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 Unique Insights Does this Report Offer?

This report provides comprehensive insights into the post-installed anchors market, answering critical questions like:

• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the Market?

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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

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This release was published on openPR.