Global Chemical Anchors Market to reach USD 1.15 billion by 2027.Global Chemical Anchors Market is valued at approximately USD 0.87 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 4.1% over the forecast period 2021-2027. Chemical anchoring is a method of fixing cement, concrete, and other comparable substrates that provides more flexibility and load bearing capacity. Although both mechanical and chemical anchoring is widely used in a variety of end-use industries, , chemical anchoring is more widely used than mechanical anchoring. Chemical anchors are in high demand due to their significant qualities such as the capacity to drill down in defective holes, corrosion resistance, operation in unlimited specified depths, and suitability with all substrates. The chemical anchor market is seeing a lot of growth thanks to the expanding infrastructure, industrial, commercial, and residential construction sectors. Innovation in the technologies necessary for the synthesis of chemical anchor resins has resulted in higher production process efficiency, resulting in increased productivity and efficacy of chemical anchor resins. The rise in demand for the product in the construction industry can be ascribed to its greater performance when compared to mechanical anchors. The global outbreak of COVID-19, which resulted in the temporary shutdown of construction projects and other industrial activity across multiple nations, slowed the market growth in the first half of 2020. However, the construction industry's development is likely to be stabilized by the restart of projects in the second half of 2020 with stronger limits and social distancing as part of government unlock programmes. However, low awareness levels among contractors may impede market growth over the forecast period of 2021-2027.

The regional analysis of the Global Chemical Anchors Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World (ROW). Europe is the leading region across the world in terms of market share due to economic recovery post-COVID-19 lockdown, which was lifted with construction activities in the region. Whereas North America is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to growing infrastructure investment across the region.

Major market player included in this report are:

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
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
Injectable Adhesive
Capsule Adhesive
By Resin:
Polyester
Unsaturated Polyester
Epoxy Acrylate
Pure Epoxy
Hybrid Systems
By Application:
Residential
Commercial
Infrastructure
Industrial
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year -2018,2019
Base year -2020
Forecast period - 2021 to 2027.

Target Audience of the Global Chemical Anchors Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors