Construction Anchor Market Trends and Forecast
The future of the global construction anchor market looks promising with opportunities in the building construction and civil engineering markets. The global construction anchor market is expected to reach an estimated $3.5 billion by 2030 with a CAGR of 3.6% from 2024 to 2030. The major drivers for this market are increasing construction activities, growing importance of safety in construction, and rise in regional development projects.
• Lucintel forecasts that metal anchor is expected to witness the highest growth over the forecast period.
• Within this market, building construction is expected to witness the higher growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Construction Anchor Market
• United States: In the United States, companies like Hilti Group and Simpson Strong-Tie are prominent in the construction anchors market. Hilti Group has expanded its range of mechanical and adhesive anchors, focusing on high-performance solutions for diverse construction applications. Simpson Strong-Tie has emphasized seismic anchoring solutions compliant with stringent building codes in earthquake-prone regions, supporting infrastructure resilience goals. The U.S. government supports construction safety through agencies like OSHA, which mandates use of certified anchors for building stability and worker safety.
• India: IndiaÄX%$%Xs construction anchors market is growing with initiatives from companies like Rawlplug and Fischer. Rawlplug has introduced sustainable anchor manufacturing practices, using recycled materials and energy-efficient processes. Fischer focuses on expanding its distribution network and offering specialized anchors for infrastructure projects under IndiaÄX%$%Xs Smart Cities Mission. The Indian government promotes construction safety and sustainability through initiatives like the Green Building Council of India (IGBC) certifications, encouraging the use of eco-friendly anchors in construction.
• China: ChinaÄX%$%Xs construction anchors market sees participation from companies such as HNA Holding Group and Xinxing Ductile Iron Pipes Co., Ltd. HNA Holding Group has diversified its anchor portfolio to include products catering to high-rise construction and infrastructure projects. Xinxing Ductile Iron Pipes Co., Ltd., focuses on technological advancements in anchor manufacturing, ensuring reliability and compliance with Chinese building standards. The Chinese government supports infrastructure development through initiatives like the Belt and Road Initiative, driving demand for robust construction anchors in global construction projects.
• Germany: In Germany, companies like EJOT and fischerwerke GmbH & Co. KG are leaders in the construction anchors market. EJOT specializes in innovative anchoring solutions for energy-efficient building envelopes, contributing to sustainable construction practices. Fischerwerke GmbH & Co. KG focuses on digital integration in anchor systems, enhancing installation accuracy and efficiency. The German government supports energy-efficient construction through programs like KfW BankengruppeÄX%$%Xs funding for green building initiatives, encouraging the adoption of eco-friendly anchors
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Construction Anchor Market by Segment
The study includes a forecast for the global construction anchor market by type, application, and region.
Construction Anchor Market by Type [Value from 2018 to 2030]:
• Metal Anchor
• Concrete Anchor
• Chemical Adhesive Anchor
• Others
Construction Anchor Market by Application [Value from 2018 to 2030]:
• Building Construction
• Civil Engineering
• Others
Construction Anchor Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Construction Anchor Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies construction anchor companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the construction anchor companies profiled in this report include-
• Stanley Black & Decker
• Hilti
• Simpson Manufacturing
• EJOT Holding
• Misumi
• Ancon
• Fosroc Chemicals
Recent Development in the Construction Anchor Market
• Hilti Group : Hilti Group has developed advanced anchor systems that incorporate innovative materials and technologies. These systems include mechanical and adhesive anchors designed for various construction applications, ensuring reliable fastening and structural integrity. HiltiÄX%$%Xs initiative focuses on enhancing installation efficiency and meeting stringent safety standards across global construction projects.
• Simpson Strong-Tie : Simpson Strong-Tie has expanded its portfolio to include seismic anchoring solutions designed to withstand high seismic activity. These anchors feature robust design and testing to comply with seismic codes, providing enhanced structural safety in earthquake-prone regions. Simpson Strong-TieÄX%$%Xs initiative supports resilience in construction by offering specialized anchoring solutions for critical infrastructure and commercial buildings.
• Rawlplug : Rawlplug has introduced sustainable practices in anchor manufacturing, emphasizing recycled materials and energy-efficient production processes. The companyÄX%$%Xs anchors are designed to meet environmental standards while maintaining high performance and reliability in construction applications. RawlplugÄX%$%Xs initiative aligns with global sustainability goals and regulations, promoting eco-friendly solutions in the construction anchors market.
• Ramset : Ramset has integrated digital technologies into its anchor systems, offering tools for precise installation and real-time monitoring. These smart anchor solutions utilize IoT capabilities to enhance accuracy, efficiency, and safety during construction projects. RamsetÄX%$%Xs initiative aims to streamline construction processes and improve project outcomes through advanced digital tools and data-driven insight
Features of the Global Construction Anchor Market
Market Size Estimates: Construction anchor market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Construction anchor market size by type, application, and region in terms of value ($B).
Regional Analysis: Construction anchor market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the construction anchor market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the construction anchor market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the construction anchor market size?
Answer: The global construction anchor market is expected to reach an estimated $3.5 billion by 2030.
Q2. What is the growth forecast for construction anchor market?
Answer: The global construction anchor market is expected to grow with a CAGR of 3.6% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the construction anchor market?
Answer: The major drivers for this market are increasing construction activities, growing importance of safety in construction, and rise in regional development projects.
Q4. What are the major segments for construction anchor market?
Answer: The future of the construction anchor market looks promising with opportunities in the building construction and civil engineering markets.
Q5. Who are the key construction anchor market companies?
Answer: Some of the key construction anchor companies are as follows:
• Stanley Black & Decker
• Hilti
• Simpson Manufacturing
• EJOT Holding
• Misumi
• Ancon
• Fosroc Chemicals
Q6. Which construction anchor market segment will be the largest in future?
Answer: Lucintel forecasts that metal anchor is expected to witness the highest growth over the forecast period.
Q7. In construction anchor market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the construction anchor market by type (metal anchor, concrete anchor, chemical adhesive anchor, and others), application (building construction, civil engineering, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Construction Anchor Market, Construction Anchor Market Size, Construction Anchor Market Growth, Construction Anchor Market Analysis, Construction Anchor Market Report, Construction Anchor Market Share, Construction Anchor Market Trends, Construction Anchor Market Forecast, Construction Anchor Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.