Global Expansion Anchors Market is likely to display a momentous growth in the coming future owing to burgeoning applications and expansion of the scope across varied sectors. Expansion Anchor can be defined as a bolt that is usually injected into a hole that is penetrated into a particular material. It has a device or a socket that spreads out on the end eventually disallowing the bolt from being removed. The most extensive employment of the expansion anchor lies in masonry walls for affixing timber. Also, it serves an important purpose in any piping system. The manufacturers are advancing the product as per the requirements of the end use industry. The market is attaining huge recognition across various sectors owing to burgeoning demands and prerequisites.
It is noteworthy that the Expansion Anchors Market is growing at a robust rate. The key factors that are influencing the overall market growth positively may entail robust industrialization, developing economies, growing demands among construction and manufacturing industries, rising prerequisites, technological innovations, rising awareness among the end users, and burgeoning applications across various sectors. Additionally, the manufacturers are also siding with various strategies such as partnerships, acquisitions, and joint ventures that is ultimately contributing in the inorganic growth of the market. On account of all the above aspects, it is projected that the Expansion Anchors Sales Industry will register a healthy CAGR in the upcoming period. Expansion Anchors Industry can be split up by materials, product, type, application, and geography.
Expansion Anchors Market is divided by materials as Stainless Steel, Carbon Steel, and others. The market is fragmented by product as Sleeved Anchors, Stud Anchors, and others. Expansion Anchors Industry is segmented by type as Single Expansion Anchor, Double Expansion Anchor, and others. Expansion Anchors Market is classified by application as General Industry, Construction, Manufacturing Industry, and others.
Expansion Anchors Market is segregated by geography as North America, Europe, China, Japan, Southeast Asia, and India. When geographical region comes into picture, the Expansion Anchors Sales Industry is witnessing a higher CAGR in the North American regions and the region is at the same time holding a significant market share. The factors that can be attributed to the market growth may include rising end use industries, rise in the prerequisites, and heavy equipment manufacturing.
On the other hand, it is estimated that the Asia Pacific and European regions are also displaying a higher CAGR in the market owing to the factors like emergence of various leading companies and developing opportunities in these regions. The key players operating in the robust development of the Expansion Anchors Market are identified as Hilti, DEWALT, Hua Wei, Hohmann & Barnard, Inc, Ramset, Tanner Fasteners & Industrial, L.H. Dottie, Cooper Industries, Powers Fasteners, Concrete Fasteners, Inc, Fastenal, and ITW.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Expansion Anchors in these regions, from 2013 to 2025 (forecast), covering
• North America
• Southeast Asia
Global Expansion Anchors market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
• Hua Wei
• Hohmann & Barnard, Inc
• Powers Fasteners
• Concrete Fasteners, Inc
• Tanner Fasteners & Industrial
• L.H. Dottie
• Cooper Industries
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Carbon Steel
• Stainless Steel
• Stud Anchors
• Sleeved Anchors
• Single Expansion Anchor
• Double Expansion Anchor
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
• General Industry
• Manufacturing Industry
Research Support Specialist, USA