Cast-in-Place Anchor Market is Forecasted to Reach US$ 283.4 million in 2028, Says Stratview Research

The global cast-in-place anchor market is projected to witness a growth rate of 4.3% annually from 2023 to 2028, with an anticipated size of US$ 283.4 million by 2028, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global cast-in-place 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$ 283.4 million
Growth (CAGR): 4.3% during 2023-2028
Forecast Period: 2023-2028
Trend Period: 2017-2021
Base Year: 2022
Number of Segments Covered: 3
Number of Tables & Graphs: 100+

Segment Insights on the Cast-in-Place Anchor Market:
The global cast-in-place anchor market is segmented based on product type, end-user type, and region.

Based on the product type - The cast-in-place anchor market is segmented as headed bolt anchor and hooked anchor. Headed bolt anchor is expected to remain the larger and the faster-growing product type in the market during the forecast period, owing to ease in installation, increasing demand from various end-user applications, and an expected recovery in the construction industry. Headed bolt anchors are the construction fasteners that attribute a head to the non-threaded end. The headed part is installed into concrete or masonry so that a steel column, beam, bolt, rail, or other structural elements may be secured in place.

Based on the end-user type - The market is segmented as infrastructure, commercial, residential, and industrial. Industrial is expected to remain the biggest demand generator for cast-in-place anchors during the forecast period, owing to rising investments in industrial projects, especially in emerging economies, such as India, China, and Brazil. Expected recuperation in the economy and rising urbanization and industrialization are the major factors driving the growth of the cast-in-place anchors market in these economies.

To know the most attractive segments, visit:
https://www.stratviewresearch.com/2198/cast-in-place%20anchor-market.html

Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that Asia-Pacific is expected to be the fastest-growing market for the cast-in-place anchor market during the forecast period. This growth outlook is majorly attributed to the following-
- The demand for the cast-in-place anchor is growing in the region due to increasing construction activities, growing disposable income, and rapid urbanization and industrialization.
- North America and Europe are also likely to create sizeable opportunities in the coming five years, driven by an expected rebound in the construction Industry.

Cast-in-Place Anchor Market Drivers:

Some of the key drivers listed in the report are given below.
- Increasing construction activities globally coupled with population growth, rise in disposable income, and infrastructure development.
- In addition, governments around the world have been investing in infrastructure projects, rapid urbanization and industrialization, and economic growth.

Top Companies in the Cast-in-Place Anchor Market:
Stratview Research has identified the following companies as the top market players (Based on Dominance).
• Hilti Group
• Simpson Strong-Tie
• Illinois Tool Works Inc.
• Birmingham Fastener
• Williams Form Engineering Corp.
• Pfeiffer group
• Fastenal
• Dewalt
• Terwa B.V
• Allfasteners Company

What Unique Insights Does this Report Offer?

This report provides comprehensive insights into the Cast-in-Place 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?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

Related Reports:

• Anchors Market: https://www.stratviewresearch.com/2197/anchors-market.html

• Mechanical Anchor Market: https://www.stratviewresearch.com/1978/mechanical-anchor-market.html

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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.