Table of Contents
Historical Data, Premium Insights, Market Dynamic, Analysis and Projection, By Product, Analysis and Projection, By Application, Analysis and Projection, By End-Use, Analysis and Projection, By Regional Analysis, Competitive Landscape, Company Profiles, Market Revenue, Sale & Price Analysis
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According to a research report published by Spherical Insights & Consulting, The Global Chemical Anchor Market Size is Expected to Grow from USD 1.370 Billion in 2023 to USD 2.01 Billion by 2033, at a CAGR of 5.38% during the forecast period 2023-2033.
Browse key industry insights spread across 210 pages with 110 Market data tables and figures & charts from the report on the Global Chemical Anchor Market Size, Share, and COVID-19 Impact Analysis, By Product (Injectable Adhesive and Capsule Adhesive), By Resin (Polyester, Unsaturated Polyester, Epoxy Acrylate, Pure, and Hybrid Systems), By Applications (Residential, Commercial, Infrastructure, and Industrial), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.
A chemical anchor is a method of anchoring heavy loads to stone, masonry, or concrete by combining glue with a threaded rod or rebar. Chemical anchors, which fill the drilled hole and encase the rod or rebar with a bonding agent, offer a stronger bond than mechanical anchors, which depend on expansion forces. Chemical anchoring is a method for attaching concrete and similar substrates, offering increased flexibility and load-bearing capacity. Mechanical and substance mooring are increasingly used in various applications. Synthetic or pitch secures are steel studs, bolts, and ports fortified into a substrate, typically made of cement, using a gum-based framework. These secures are suitable for high-load applications, near-edge fixing, reduced focus, and gathering mooring, and are suitable for cement with low compressive strength or low quality. Chemical anchoring is a flexible and load-bearing method for attaching concrete and substrates, offering advantages over traditional anchoring methods. Synthetic or pitch secures are steel studs, bolts, and ports fortified into cement substrates. With increasing demand for offshore wind turbines, chemical anchors are gaining popularity as an efficient and environmentally friendly alternative to traditional anchoring methods. Various government initiatives drive the market of chemical anchor. The government has put Environmental Impact Assessment (EIA) rules into place to make sure that the chemical industry develops responsibly. These evaluations support sustainable practices by assisting decision-makers in weighing the costs to the environment and financial benefits. However, low contractor awareness, durability, and a lack of consumer recommendations are some of the problems chemical anchors in construction face. Price volatility may also be impeding their growth in underdeveloped countries.
The injectable adhesive segment is predicted to hold the largest market share through the forecast period.
Based on the product, the chemical anchor market is classified into injectable adhesive and capsule adhesive. Among these, the injectable adhesive segment is predicted to hold the largest market share through the forecast period. In construction, injectable adhesive anchors are frequently utilized in applications involving rebar, natural stone, and masonry. Compared to capsule systems, they are safer in water or holes and have bigger anchorage sizes and lengths. They are employed in post-installation rebar connections, pipelines, brackets, acoustic barriers, stairways, handrails, building facades, and steel dowels.
The epoxy acrylate segment is anticipated to hold the greatest market share during the projected timeframe.
Based on the resin, the chemical anchor market is divided into polyester, unsaturated polyester, epoxy acrylate, pure, and hybrid systems. Among these, the epoxy acrylate segment is anticipated to hold the greatest market share during the projected timeframe. A two-part resin for concrete and masonry that does not contain styrene is called an epoxy acrylate chemical anchor. High loads and important fastening in corrosive or damp environments are best suited for their high strength and rapid drying time.
The infrastructure segment is anticipated to hold the highest market share during the projected timeframe.
Based on the applications, the chemical anchor market is divided into residential, commercial, infrastructure, and industrial. Among these, the infrastructure segment is anticipated to hold the highest market share during the projected timeframe. Economic growth relies on modern infrastructure, including roads, railways, power plants, communication networks, and clean water and sanitation, which are crucial for people and businesses worldwide. The Bharat Mala Pari Yojana initiative in India aims to develop 50 new national corridors connecting 550 districts, including ports and coasts. This road and highway project, supported by the government, is crucial for economic growth and is expected to benefit the chemical anchoring industry.
North America is estimated to hold the largest share of the chemical anchor market over the forecast period.
North America is estimated to hold the largest share of the chemical anchor market over the forecast period. North America's robust manufacturing sectors and plentiful commodities are drawing attention to chemical anchors. Increased awareness and infrastructural investment are anticipated to fuel market expansion. The market is expected to grow as a result of the US construction industry's recovery, as well as rising building activity in Canada, Mexico, and Australia.
Europe is predicted to have the fastest CAGR growth in the chemical anchor market over the forecast period. The creation of jobs, pay raises, and government assistance are all credited to the region's economic growth. It is anticipated that government investments in technology and transportation infrastructure will boost the economy. It is anticipated that construction will resume in the infrastructure and residential sectors of Europe.
Company Profiling
Major key players in the chemical anchor market include Upat, Wurth, Rawlplug, Sika AG, Powers Fasteners, Knauf, King, JCP, Fischer, ITW/Paslode/Red Head, DeWalt, MKT, Hilti, Ejot, Simpson StrongTie, and Others.
Recent Development
Key Target Audience
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the chemical anchor market based on the below-mentioned segments:
Global Chemical Anchor Market, By Product
Global Chemical Anchor Market, By Resin
Global Chemical Anchor Market, By Applications
Global Chemical Anchor Market, By Regional Analysis
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