With this process, the chemical resin naturally fills or seals in all voids & irregularities and consequently convert the hole airtight, with efficient adhesion. Chemical anchors are being used in a majority of steel constructions, column bases, and scaffold anchoring owing to their superior characteristics compared to their counterparts.
This additional adhesion with chemical anchoring creates superfluous strength. Mechanical anchoring is having its own limitations such as not ideal for imperfect shapes, prone to water ingress leading to corrosion, concentrated load at limited points, excessive torque destroys the fixing and many more.
However, low awareness levels among contractors, particularly in the emerging economies, regarding the use of the appropriate construction chemicals for structures are restricting the market growth.
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The non-expanding property of a chemically held rod in chemical anchoring is considerable decreases the chance of the adjacent concrete cracking. This property further helps for securing railings on to concrete stairs, or shallower slabs and related applications.
In the commercial marketplace, there are numerous types of chemical anchors are available, out of which capsule adhesives chemical anchors, injectable chemical anchors, and chemical anchor fixings are the preferred ones.
Dynamics Market:
Due to its substantial properties such as an ability to drill down in imperfect holes, protection of fixing against corrosion, operation in unlimited specified depths, and suitability against all substrates are the key factors driving the demand for chemical anchors.
Expanding infrastructural, industrial, commercial & residential construction sectors are providing numerous growth opportunities in the chemical anchor market space. Innovation in technologies required for the synthesis of chemical anchor resins has led to increased efficiency of production processes, leading to significant productivity as well as increased efficacy in chemical anchors resins.
Also, numerous manufacturers of chemical anchors present in the value chain are strengthening their R&D infrastructure to invent new production technologies.
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This, in turn, is fueling the growth of the global chemical anchors market. However, low awareness amongst the end users for the usage of chemical anchors & excessive time consumed for the installation of chemical anchoring system is some of the adoption barriers in the market.
Region Wise Trends
North America & Western Europe collectively dominate the overall market for the chemical anchor sales in the past few years and it is expected that the same roadmap will be followed in the upcoming regions. Rising infrastructure projects in these above-said regions are the key reason implicit behind the sales of chemical anchors.
Asia Pacific region is one of the fastest growing in the chemical anchors marketplace, increase in industrial, commercial development in countries like China, India & ASEAN are creating the demand space for chemical anchors. New infrastructural projects in the pipeline are expected to create the huge demand for chemical anchors in the near future.
Latin American countries show significant growth in the recent past in the construction sector, specifically in the construction of residential building, thus creating opportunities for chemical anchors. MEA & EE are turning over as a low volume high growth regions.
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Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- China
- India
- SEAP ( India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The Chemical Anchors market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with Chemical Anchors market attractiveness as per segments. The report also maps the qualitative impact of various market factors on Chemical Anchors market segments and geographies.
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By Segment:
On the basis of Product type, the Chemical Anchors Market can be segmented as:
- Injectable Chemical Anchors
- Capsule Adhesive Chemical Anchors
- Chemical Anchor Fixings
On the basis of resin Type, the Chemical Anchors Market can be segmented as:
- Unsaturated polyester Chemical Anchor
- Epoxy acrylate Chemical Anchor
- Pure epoxy Chemical Anchor
On the basis of Application, the Chemical Anchors Market can be segmented as:
- Residential
- Industrial
- Infrastructure
- Commercial
Major Key Players:
Examples of some of the market participants in the Global Chemical Anchors Market identified across the value chain include:
- Evonik
- MKT Fastening LLC
- Simpson Strong Tie
- ThermAvant Technologies
- Chemfix Products Ltd
- Sika
- Halfen
- XuPu Fasteners
- Henkel.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
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