Industria
Post-Installed Anchors Market is Forecast to Reach US$ 4.7 Billion in 2028, Says Stratview Research
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The post-installed anchors market is segmented based on , substrate type, end-user type, and .
The market is segmented into the mechanical anchor and chemical anchor. during the forecast period owing to the ease of installation, increasing demand from various end-use applications, and 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.
The market is segmented as concrete, masonry, natural stone, and others. during the forecast period. Concrete is the most 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.
The market is segmented as infrastructure, commercial, residential, and industrial. Major factors, such as increasing focus on infrastructural development, population growth, economic expansion, and urbanization are expected to fuel the growth of the post-installed anchors market during the forecast period.
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The report suggests that and it held the highest market share of more than
This growth is majorly attributed to the following –
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 .
In addition to that, rapid economic growth is also expected to drive the market during the forecast period. will also likely create in the coming five years, driven by an expected rebound in the construction industry.
Some of the key drivers listed in the report are given below.
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Most of the major players compete in some of the governing factors including price, product offerings, regional presence, etc.
The following are the key players in the market-
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