Chemical Anchor Market is Forecasted to Reach US$ 1.9 billion in 2028, Says Stratview Research

The global Chemical Anchor market is projected to witness a growth rate of 5.1% annually from 2023 to 2028, with an anticipated size of US$ 1.9 billion by 2028, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global chemical anchor 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$ 1.9 billion
Growth (CAGR): 12% during 2023-2028
Forecast Period: 2023-2028
Trend Period: 2017-2021
Base Year: 2022
Number of Segments Covered: 5
Number of Tables & Graphs: 100+

Segment Insights on the Chemical Anchor Market:
The global Chemical Anchor market is segmented based on product type, material type, substrate type, end-use type, and region.

Based on product type - The chemical anchors market is segmented as injectable adhesive and capsule adhesive. Injectable adhesive anchor is expected to remain the larger and faster-growing product type in the market during the forecast period. Injectable adhesive anchors are designed to provide high strength and reliable bonding between the anchor and the surrounding substrate, are easy to install, are suitable for a wide range of substrates, are cost-effective, and durable, thus are widely used in masonry, natural stone, and rebar applications for their strength, versatility, and ease of use.

Based on end-use type - The market is segmented as infrastructure, commercial, residential, and industrial. Infrastructure held the largest share of the market due to increased spending on infrastructure projects, a focus on infrastructure development, especially in emerging economies, coupled with urbanization, and economic expansion.

To know the most attractive segments, visit:
https://www.stratviewresearch.com/1979/chemical-anchor-market.html

Which Region Shows the Most Promising Growth Forecast and Opportunity?

Europe is expected to remain the largest market for chemical anchors during the forecast period. The demand for chemical anchors is growing in the region due to the growing construction industry, particularly in the residential and commercial sectors, and increasing investments in infrastructure projects. North America and Asia-Pacific are also likely to create sizeable opportunities in the coming five years, driven by an expected rebound in the construction industry.

Chemical Anchor Market Drivers:

Some of the key drivers listed in the report are given below.
- The growing construction industry and government spending on infrastructure development
- Aging infrastructure and seismic reinforcement needs drive the adoption of chemical anchoring solutions.
- Chemical anchors are widely used in oil & gas, power plants, and heavy machinery installations for secure fastening.

Top Companies in the Chemical Anchor Market:
Stratview Research has identified the following companies as the top market players.
• Hilti Corporation
• Henkel AG & Company, KGaA
• Sika AG
• Würth Group
• Fischer Group
• Illinois Tool Works Inc.
• EJOT Holding GmbH & Co. KG
• Simpson Strong-Tie Co. Inc
• Halfen Gmbh
• Sanko Techno Concrete Anchor
• Dewalt

What Unique Insights Does This Report Offer?

This report provides comprehensive insights into the Chemical Anchor 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.

Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.

This release was published on openPR.