Chemical Anchors Market: Introduction

Chemical Anchoring is a process or technique for fastening the cement, concrete & the similar substrates that offer an increased level of flexibility & load bearing capacity. In numerous end use sectors mechanical & chemical anchoring is getting adopted in the very large scale but the later one i.e. chemical anchoring is gaining more adoption when compared to the mechanical anchoring. In chemical anchoring technique, a polymeric resin is introduced inside the hole prior to enclosure of the steel or iron stud. With this process, the chemical resin naturally fills or seals in all voids & irregularities and consequently convert the hole airtight, with efficient adhesion.

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Chemical Anchors Market: Market Dynamics

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.

Chemical Anchors 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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By Segmentation:

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

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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.