Construction Anchor Market

Construction Anchor Market Outlook 2024 to 2034

The global construction anchor market is estimated to reach a valuation of USD 13,869.85 million in 2024 and is projected to reach a value of USD 24,838.79 million by 2034, reflecting a CAGR of 6% over the assessment period.

Sales Analysis of Construction Anchors

• The shift toward high-speed construction is increasing the demand for complex construction fasteners and anchors for structural alignment.
• Expansion of the construction industry and introduction of strict government regulations are likely to positively influence the sales of construction anchors.
• Surging demand for construction anchors in commercial projects and large public infrastructure projects as the construction of public and residential infrastructure continues to rise.

Attributes	Key Insights
Estimated Global Construction Anchor Market Size (2024E)	USD 13,869.85 million
Projected Construction Anchor Market Value (2034F)	USD 24,838.79 million
Value-based CAGR (2024 to 2034)	6%

Emerging Opportunities in the Construction Anchor Market

• Within emerging countries, governments are introducing multiple construction projects to strengthen the commercial infrastructure sector. This is expected to offer prospects for public-private partnership construction projects in several countries.
• GCC countries are gradually moving their focus toward becoming services-driven economies. This shift is anticipated to encourage commercial construction activities and increase opportunities for infrastructure-related investments, thus raising sales of construction anchors.

Top Impediments for the Manufacturers in the Construction Anchor Market

• The transportation cost of construction anchors is significant owing to its heaviness. In cases, where the delivery place of construction anchors is more than 20 miles, then the shipping cost of these fasteners can exceed its production cost. Due to this, the market is highly localized.
• Different regulations across different countries are making international expansion complicated.
• Circulation of counterfeit anchors with lower quality is undercutting legitimate manufacturers and negatively affecting brand image.

Construction Anchor Industry Analysis by Country

The consumption of construction anchors is projected to be moderate in the United States and Germany. The growth in these countries is driven by growing renovation and retrofitting projects over here. Companies are also significantly concentrated in these countries and they are focusing on launching superior-quality construction anchors to meet evolving demands for sustainability.

As green building projects continue to rise in these countries, demand for construction anchors is anticipated to surge consequently.

Asian countries like India and China are expected to observe promising growth in the future, with estimated CAGRs of 7% and 6.8% from 2024 to 2034. The markets are driven by rising construction projects and increasing housing initiatives by government bodies. Over the next 10 years, Australia is anticipated to surge at an increased CAGR of 6.8%.

Countries	Forecasted CAGR (2024 to 2034)
The United States	5.10%
Germany	5.80%
China	6.80%
India	7.00%
Australia	6.80%

Growth in the Residential Sector to Propel Sales of Construction Anchors in the United States

The market share of construction anchors in the United States is projected to rise at an estimated CAGR of 5.1% through 2034. Mentioned below are the top factors that are raising the market value:

• Several projects are under construction in the United States, suggesting an increase in the spending on roads and highways infrastructure projects.
• Rising disposable income and growing awareness about anchors in the country, especially at construction sites, among contractors and engineers.
• Increasing innovations by leading players are expected to keep the market competitive. For instance, in June 2023, Fischer introduced the FAZ II Plus bolt anchor for construction projects. This product has improved material durability and assessed tensile load-bearing capacity than the earlier generation. 120 years of service life allows the anchor to be used for numerous applications.

Construction of Smart Cities a Key in the Growth of Construction Anchor Market in China

As per the industry analysis of construction anchors by FMI experts, the market in China is anticipated to register a CAGR of 6.8% through 2034. Leading growth factors of the market are:

• Increasing demand for construction anchors from the residential construction sector.
• Rising emphasis on affordable housing in both private and public sectors is projected to fuel product sales.
• Dramatic growth in the non-residential infrastructure in upcoming years.

Leading Players in Germany Offer Diverse Solutions to Make Customer’s Projects a Success

The sales of construction anchors in Germany are predicted to rise at a CAGR of 5.8% over the forecast period. The growth of this industry is linked to the following factors:

• A cluster of factors like increasing construction activities, robust infrastructure development, and rising renovation projects are propelling the demand for fiber cement boards, which is consequently raising the demand for construction anchors.
• Increasing product launches to intensify market competition in Germany. For instance, EJOT, a significant provider of fastening solutions offers chemical and mechanical anchors, nylon anchors, etc., as well as fasteners for flat roofs to win over customers.

Rising Foreign Investments to Propel Sales of Construction Anchors in India

The construction anchor market in India is anticipated to increase at a CAGR of 7% over the forecast period. The market is supported by the following factors:

• Increasing foreign investments in India to contribute to an increased market value of construction anchor in India. For instance, in the last three years, Germany-based Fischer’s India business clocked a CAGR of 41%, thus trebling its business size.
• Key players in India are offering an extensive portfolio of articles, including anchors for severely stressed buildings or earthquake zones, façade systems, fire protection fixings, etc.

Australia to Observe Increased Consumption of Construction Anchors

Growth in the sales of construction anchors in Australia is expected to rise at a CAGR of 6.8% through 2034. Over the forecast period, the market is anticipated to be positively influenced by the following factors:

• Increasing investments in new infrastructure development projects.
• The expanding population and ongoing urbanization in Australia indicate sustainable economic growth, which is leading to increasing commercial and residential buildings in the country.

Category-wise Insights

Chemical Anchors to Enjoy Market Dominance

Attributes	Details
Top Product Type	Chemical
Market Share in 2024	91.15%

As per the latest market estimates by FMI analysts, the chemical anchor segment is projected to account for a share of 91.15% in 2024. Demand for these anchors is rising on account of following factors:

• Growth in the construction industry, with rising investments in infrastructure development, commercial and residential buildings, and renewable energy projects. This is resulting in increasing demand for versatile and reliable anchoring solutions, which chemical anchors effectively provide.
• Chemical anchors have several benefits over traditional mechanical ones like stronger bonds, weather resistance, versatility, and ease of installation. As a result, engineers are shifting to chemical anchors for their construction projects.
• Increasing emphasis on sustainable construction practices is creating a heightened demand for chemical goals as they require less drilling and create less waste as opposed to mechanical anchors; thus, minimizing environmental impact.

Building and Construction to Acquire a Substantial Share

Attributes	Details
Top Application	Building and Construction
Market Share in 2024	41.83%

The building and construction segment is anticipated to take hold of 41.83% of the global market in 2024. Increasing demand for construction anchors in this application segment is driven by the following factors:

• Increasing population migration from rural to urban areas is propelling the development of building construction.
• The rise in renewable energy installations has surged the demand for construction anchors as these installations require secure anchoring solutions.
• Upsurge in the renovation and retrofitting activities in the existing buildings, especially in the developed regions, is increasing the demand for anchors.

Competitive Landscape

The construction anchor market is extremely competitive, crowded by several large-scale manufacturers operating at a regional as well as global level. These manufacturers are employing several growth strategies to meet the growing demand for multiple end-use applications. Additionally, players are emphasizing extending their product portfolio via quality upgrades of present materials and the launch of new value-added products that are based on end-user requirements.

Significant construction anchor manufacturers are partnering and collaborating with vehicle manufacturers to enjoy better market opportunities. Key players are seeking contracts with logistics companies to generate higher revenue. Since sustainable construction projects are on the rise, the leading players are leveraging this market trend to emphasize how their anchors can be used in green building projects.

New Developments Taking Place in the Construction Anchor Industry

• In August 2023, Green Crete Technologies announced the launch of a revolutionary product, called Boa Hold. Boa Hold is a post anchor mix, which is designed to enhance outdoor construction with ease and efficiency. This revolutionary product ensures the longevity and stability of all outdoor structures without the requirement of labor-intensive and time-consuming tasks.
• In August 2023, UC Berkeley’s landscape was announced to be transformed by several construction projects that are expected to create a renovated and expanded student engineering center as well as a home for the campus’s first new college.

Notable Construction Anchor Companies

• Stanley Black & Decker, Inc
• Hilti Corporation
• Simpson Manufacturing Co., Inc
• EJOT Holding GmbH & Co. KG
• Misumi Corporation
• Ancon Limited
• Fosroc Chemicals (India) Private Limited
• Unika Co. Ltd
• UNIQUE FASTENERS P. LTD
• Yuyao City Xintai Hardware Co. Ltd
• FIXDEX Fastening Technology
• EMC Fasteners and Tools
• Ningbo Londex Industrial Co. Ltd
• HASM Co. Ltd
• Others

Table of Content

• 1. Executive Summary
• 2. Market Overview
• 3. Market Background
• 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
• 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Product Type
  • 5.1. Metal
    • 5.1.1. Wedge anchors
    • 5.1.2. Undercut anchors
    • 5.1.3. Concrete screws
    • 5.1.4. Drop-In Anchors
    • 5.1.5. Sleeve and Nail Anchors
    • 5.1.6. Cast-In Anchors
  • 5.2. Chemical
    • 5.2.1. Injectable adhesive anchors
    • 5.2.2. Capsule adhesive anchors
  • 5.3. Light Duty Anchors
    • 5.3.1. (Nylon) Plugs
    • 5.3.2. Drywall Plugs
    • 5.3.3. Drywall Screws
    • 5.3.4. Insulation Anchors
    • 5.3.5. Metal Screws
• 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Application
  • 6.1. Building Construction
  • 6.2. Civil Engineering
  • 6.3. Construction Installation
  • 6.4. DIY
• 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Sales Channel
  • 7.1. Direct Sales
  • 7.2. Distributor Sales
  • 7.3. Retail Sales
  • 7.4. Home Centers
  • 7.5. Online Sales
• 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
  • 8.1. North America
  • 8.2. Latin America
  • 8.3. Western Europe
  • 8.4. Eastern Europe
  • 8.5. South Asia and Pacific
  • 8.6. East Asia
  • 8.7. Middle East and Africa
• 9. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 10. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 11. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 12. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 13. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 14. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 15. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 16. Key Countries Market Analysis
• 17. Market Structure Analysis
• 18. Competition Analysis
  • 18.1. Stanley Black & Decker, Inc
  • 18.2. Hilti Corporation
  • 18.3. Simpson Manufacturing Co., Inc
  • 18.4. EJOT Holding GmbH & Co. KG
  • 18.5. Misumi Corporation
  • 18.6. Ancon Limited
  • 18.7. Fosroc Chemicals (India) Private Limited
  • 18.8. Ningbo Londex Industrial Co. Ltd
  • 18.9. EMC Fasteners and Tools
  • 18.10. Yuyao City Xintai Hardware Co. Ltd
• 19. Assumptions & Acronyms Used
• 20. Research Methodology