Chemical Anchors Market Estimated to Cross US$ 3.20 Bn by 2030

The global Chemical Anchors market size was reached at USD 880.8 million in 2020 and is projected to surpass US$ 3.20 billion by 2030, expanding growth at a CAGR of 6.1% from 2021 to 2030.

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Growth Factors

 Rising demand for chemical anchors across industrial and infrastructure projects owing to their superior performance and durability is expected to propel market growth.

Furthermore, the growing demand for anchors that are easy to install and are more efficient and reliable, coupled with the popularity of the technologies used in its production, is driving manufacturers to continuously engage in innovation, requiring them to take the necessary steps to maintain and improve the product standards.

The market growth is attributed to the rising demand for the product in the construction industry owing to its superior performance as compared to mechanical anchors. The market growth was dampened in the H1 of 2020 due to the global outbreak of the COVID-19, which lead to the temporary closure of construction projects and other industrial activities across several countries. However, the restart of projects in the second half of 2020 with stricter restrictions and social distancing, as part of the unlock programs by governments, is expected to stabilize the growth of the construction industry.

Report Coverage

Report Scope Details
Market Size USD 3.20 billion by 2030
Growth Rate CAGR of 6.1% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Product, Resin, Application
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Hilti Group; Illinois Tool Works Inc.; Sika AG; Simpson Strong-Tie Company, Inc.; Henkel AG & Company, KGaA; MKT Fastening; Power Fasteners; FIXDEX Fastening Technology; EJOT; Ripple India;  KoelnerRawlplug IP; MungoBefestigungstechnik AG; Chemfix Products Ltd.; Leviat B.V.; Fischer Group

By Product Analysis

Injectable adhesive anchors dominated for the largest share of over 71.0% of the global revenue in 2020. They are the most often used chemical anchors. Injection chemicals are widely used during masonry, natural stone, and rebar applications. They are commonly used to fix steel dowels, staircases, handrails, building facades, sound barriers, pipes, brackets, and post-installation rebar connections.

Capsule adhesive anchors are used on a concrete surface and find application in industrial and commercial construction. These are primarily used in anchoring steel structures, cranes, elevators, and industrial machinery. Post-pandemic growth in industrial and commercial output is encouraging companies to expand their manufacturing capacity, thereby providing ample growth opportunities for capsule adhesive anchors.

By Resin Analysis

Epoxy acrylate dominated for the largest share of over 36.0% in 2020. Key characteristics of the resin including high strength, fast curing, ideal for high load applications, and resistance to corrosive or moist conditions promote its use across the construction sector.

Polyester is projected to register a CAGR of 4.9% over the forecast period owing to it being a popular injection anchoring technology. This resin is popular for use in light to medium loads and can be used across concrete, solid, and hollow masonry surfaces.

By Application Analysis

The infrastructure segment dominated for the largest share of over 36.0% in 2020 and is expected to witness the fastest growth over the forecast period. Chemical anchors are primarily used in this segment due to the need for robust and superior-performing products. Further, the cost factor over mechanical anchors impacts this sector the least owing to the scale of application.

The residential and commercial sectors collectively accounted for a significant revenue share in 2020. The rise in construction spending in emerging economies is expected to be the major driver for the market.

The growing global population and migration have boosted the overall construction of residential buildings. The International Migrant Stock 2019, a UN statistic, estimates that the number of international migrants reached roughly 272 million, or 3.5% of the global population.

By Regional Analysis

 Europe accounted the market with a share of more than 31.0% in 2020 and is expected to witness significant growth over the forecast period. The growth of the regional market is attributed to the economic recovery post-COVID-19 lockdown, which was lifted with construction activities in the residential and infrastructural sectors expected to bounce back in 2021.

Chemical anchors have gained prominence in North America over the past few years, especially in commercial and infrastructural activities. Increasing awareness of chemical anchors and the growing infrastructure investment in the area are anticipated to boost the market growth during the forecast period.

Key Players

  • Hilti Group
  • MKT Fastening
  • Power Fasteners
  • FIXDEX Fastening Technology
  • Illinois Tool Works Inc.
  • Sika AG
  • Simpson Strong-Tie Company, Inc.
  • Henkel AG & Company, KGaA
  • EJOT
  • Ripple India
  • KoelnerRawlplug IP
  • MungoBefestigungstechnik AG
  • Chemfix Products Ltd.
  • Leviat B.V.
  • Fischer Group

Market Segmentation

  • Product
    • Injectable Adhesive
    • Capsule Adhesive
  • Resin
    • Polyester
    • Unsaturated Polyester
    • Epoxy Acrylate
    • Pure Epoxy
    • Hybrid Systems
  • Application
    • Residential
    • Commercial
    • Infrastructure
    • Industrial
  • Regional
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • U.K.
      • France
      • Italy
      • Spain
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
    • Central & South America
      • Brazil
    • Middle East & Africa
      • Saudi Arabia

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Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Chemical Anchors Market, By Product

7.1.  Chemical Anchors Market, by Product, 2021-2030

7.1.1.    Injectable Adhesive

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    Capsule Adhesive

7.1.2.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Chemical Anchors Market, By Resin

8.1.  Chemical Anchors Market, by Resin, 2021-2030

8.1.1.    Polyester

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    Unsaturated Polyester

8.1.2.1.        Market Revenue and Forecast (2017-2030)

8.1.3.    Epoxy Acrylate

8.1.3.1.        Market Revenue and Forecast (2017-2030)

8.1.4.    Pure Epoxy

8.1.4.1.        Market Revenue and Forecast (2017-2030)

8.1.5.    Hybrid Systems

8.1.5.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Chemical Anchors Market, By End User

9.1.  Chemical Anchors Market, by End User, 2021-2030

9.1.1.    Residential

9.1.1.1.        Market Revenue and Forecast (2017-2030)

9.1.2.    Commercial

9.1.2.1.        Market Revenue and Forecast (2017-2030)

9.1.3.    Infrastructure

9.1.3.1.        Market Revenue and Forecast (2017-2030)

9.1.4.    Industrial

9.1.4.1.        Market Revenue and Forecast (2017-2030)

Chapter 10.      Global Chemical Anchors Market, Regional Estimates and Trend Forecast

10.1.        North America

10.1.1.  Market Revenue and Forecast, by Product (2017-2030)

10.1.2.  Market Revenue and Forecast, by Resin (2017-2030)

10.1.3.  Market Revenue and Forecast, by End User (2017-2030)

10.1.4.  U.S.

10.1.4.1.      Market Revenue and Forecast, by Product (2017-2030)

10.1.4.2.      Market Revenue and Forecast, by Resin (2017-2030)

10.1.4.3.      Market Revenue and Forecast, by End User (2017-2030)

10.1.5.  Rest of North America

10.1.5.1.      Market Revenue and Forecast, by Product (2017-2030)

10.1.5.2.      Market Revenue and Forecast, by Resin (2017-2030)

10.1.5.3.      Market Revenue and Forecast, by End User (2017-2030)

10.2.        Europe

10.2.1.  Market Revenue and Forecast, by Product (2017-2030)

10.2.2.  Market Revenue and Forecast, by Resin (2017-2030)

10.2.3.  Market Revenue and Forecast, by End User (2017-2030)

10.2.4.  UK

10.2.4.1.      Market Revenue and Forecast, by Product (2017-2030)

10.2.4.2.      Market Revenue and Forecast, by Resin (2017-2030)

10.2.4.3.      Market Revenue and Forecast, by End User (2017-2030)

10.2.5.  Germany

10.2.5.1.      Market Revenue and Forecast, by Product (2017-2030)

10.2.5.2.      Market Revenue and Forecast, by Resin (2017-2030)

10.2.5.3.      Market Revenue and Forecast, by End User (2017-2030)

10.2.6.  France

10.2.6.1.      Market Revenue and Forecast, by Product (2017-2030)

10.2.6.2.      Market Revenue and Forecast, by Resin (2017-2030)

10.2.6.3.      Market Revenue and Forecast, by End User (2017-2030)

10.2.7.  Rest of Europe

10.2.7.1.      Market Revenue and Forecast, by Product (2017-2030)

10.2.7.2.      Market Revenue and Forecast, by Resin (2017-2030)

10.2.7.3.      Market Revenue and Forecast, by End User (2017-2030)

10.3.        APAC

10.3.1.  Market Revenue and Forecast, by Product (2017-2030)

10.3.2.  Market Revenue and Forecast, by Resin (2017-2030)

10.3.3.  Market Revenue and Forecast, by End User (2017-2030)

10.3.4.  India

10.3.4.1.      Market Revenue and Forecast, by Product (2017-2030)

10.3.4.2.      Market Revenue and Forecast, by Resin (2017-2030)

10.3.4.3.      Market Revenue and Forecast, by End User (2017-2030)

10.3.5.  China

10.3.5.1.      Market Revenue and Forecast, by Product (2017-2030)

10.3.5.2.      Market Revenue and Forecast, by Resin (2017-2030)

10.3.5.3.      Market Revenue and Forecast, by End User (2017-2030)

10.3.6.  Japan

10.3.6.1.      Market Revenue and Forecast, by Product (2017-2030)

10.3.6.2.      Market Revenue and Forecast, by Resin (2017-2030)

10.3.6.3.      Market Revenue and Forecast, by End User (2017-2030)

10.3.7.  Rest of APAC

10.3.7.1.      Market Revenue and Forecast, by Product (2017-2030)

10.3.7.2.      Market Revenue and Forecast, by Resin (2017-2030)

10.3.7.3.      Market Revenue and Forecast, by End User (2017-2030)

10.4.        MEA

10.4.1.  Market Revenue and Forecast, by Product (2017-2030)

10.4.2.  Market Revenue and Forecast, by Resin (2017-2030)

10.4.3.  Market Revenue and Forecast, by End User (2017-2030)

10.4.4.  GCC

10.4.4.1.      Market Revenue and Forecast, by Product (2017-2030)

10.4.4.2.      Market Revenue and Forecast, by Resin (2017-2030)

10.4.4.3.      Market Revenue and Forecast, by End User (2017-2030)

10.4.5.  North Africa

10.4.5.1.      Market Revenue and Forecast, by Product (2017-2030)

10.4.5.2.      Market Revenue and Forecast, by Resin (2017-2030)

10.4.5.3.      Market Revenue and Forecast, by End User (2017-2030)

10.4.6.  South Africa

10.4.6.1.      Market Revenue and Forecast, by Product (2017-2030)

10.4.6.2.      Market Revenue and Forecast, by Resin (2017-2030)

10.4.6.3.      Market Revenue and Forecast, by End User (2017-2030)

10.4.7.  Rest of MEA

10.4.7.1.      Market Revenue and Forecast, by Product (2017-2030)

10.4.7.2.      Market Revenue and Forecast, by Resin (2017-2030)

10.4.7.3.      Market Revenue and Forecast, by End User (2017-2030)

10.5.        Latin America

10.5.1.  Market Revenue and Forecast, by Product (2017-2030)

10.5.2.  Market Revenue and Forecast, by Resin (2017-2030)

10.5.3.  Market Revenue and Forecast, by End User (2017-2030)

10.5.4.  Brazil

10.5.4.1.      Market Revenue and Forecast, by Product (2017-2030)

10.5.4.2.      Market Revenue and Forecast, by Resin (2017-2030)

10.5.4.3.      Market Revenue and Forecast, by End User (2017-2030)

10.5.5.  Rest of LATAM

10.5.5.1.      Market Revenue and Forecast, by Product (2017-2030)

10.5.5.2.      Market Revenue and Forecast, by Resin (2017-2030)

10.5.5.3.      Market Revenue and Forecast, by End User (2017-2030)

Chapter 11.  Company Profiles

11.1.              Hilti Group

11.1.1.  Company Overview

11.1.2.  Product Offerings

11.1.3.  Financial Performance

11.1.4.  Recent Initiatives

11.2.              MKT Fastening

11.2.1.  Company Overview

11.2.2.  Product Offerings

11.2.3.  Financial Performance

11.2.4.  Recent Initiatives

11.3.              Power Fasteners

11.3.1.  Company Overview

11.3.2.  Product Offerings

11.3.3.  Financial Performance

11.3.4.  Recent Initiatives

11.4.              FIXDEX Fastening Technology

11.4.1.  Company Overview

11.4.2.  Product Offerings

11.4.3.  Financial Performance

11.4.4.  Recent Initiatives

11.5.              Illinois Tool Works Inc.

11.5.1.  Company Overview

11.5.2.  Product Offerings

11.5.3.  Financial Performance

11.5.4.  Recent Initiatives

11.6.              Sika AG

11.6.1.  Company Overview

11.6.2.  Product Offerings

11.6.3.  Financial Performance

11.6.4.  Recent Initiatives

11.7.              Simpson Strong-Tie Company, Inc.

11.7.1.  Company Overview

11.7.2.  Product Offerings

11.7.3.  Financial Performance

11.7.4.  Recent Initiatives

11.8.              Henkel AG & Company, KGaA

11.8.1.  Company Overview

11.8.2.  Product Offerings

11.8.3.  Financial Performance

11.8.4.  Recent Initiatives

11.9.              EJOT

11.9.1.  Company Overview

11.9.2.  Product Offerings

11.9.3.  Financial Performance

11.9.4.  Recent Initiatives

11.10.           Ripple India

11.10.1.               Company Overview

11.10.2.               Product Offerings

11.10.3.               Financial Performance

11.10.4.               Recent Initiatives

Chapter 12.  Research Methodology

12.1.              Primary Research

12.2.              Secondary Research

12.3.              Assumptions

Chapter 13.  Appendix

13.1.              About Us

13.2.              Glossary of Terms

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