Construction Fasteners Industry Data Book - Mechanical Anchors, Chemical Anchors, Bolts, Rivets, Screws and Nails Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030

Grand View Research’s construction fasteners sector database is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research.

Access the Global Construction Fasteners Industry Data Book, 2023 to 2030, compiled with details like trade data, pricing intelligence, and competitive benchmarking.

Mechanical Anchors Market Report Highlights

The global Mechanical Anchors Market size was estimated at USD 1.85 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 2.8% from 2023 to 2030.

• Stainless steel was the largest and fastest growing market segment and accounted for 54.2% of the revenue share in 2022 as stainless steel hardly gets oxidized when compared to other materials including iron, and carbon steel. Additionally, aesthetic shining appearance, corrosion resistance, low maintenance, and strength make stainless steel a widely used material for manufacturing mechanical anchors
• Carbon steel accounted for USD 674.1 million for the year 2022 owing to its high strength. The presence of high carbon content makes them good at resisting abrasion and retaining shape under excess load in construction buildings. In addition, the material is primarily heat-treated by austenitizing, and quenching, followed by tempering to enhance its mechanical properties including yield and tensile strength
• Residential applications accounted for a revenue share of over USD 476.0 million in 2022. The use of mechanical anchors in residential applications includes fixing wooden or plastic frames to the concrete or masonry units, railing and fences, and cable trenches. Metals such as aluminum and steel are widely used in the manufacturing of windows and doors in buildings owing to the lightweight and highly durable properties exhibited by the metals
• Commercial applications accounted for 74.3% of the total market share for the year 2022. In commercial sectors, mechanical anchor finds its wide application in various malls, hotels, sports complexes, and industries. This building design is becoming more complex and is fitted with a wide variety of pipes, tubes, and cables suspended from the ceiling. These are primarily held on metal trenches which are fitted with mechanical anchors to fasten them to the underside of the concrete deck for support and hold
• Companies are engaged in the adoption of strategic initiatives such as research & development and vertical integration to gain a competitive edge

Order your copy of Free Sample of “Construction Fasteners Industry Data Book - Mechanical Anchors, Chemical Anchors, Bolts, Rivets, Screws and Nails Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

Nails Market Report Highlights

The global Nails Market size was estimated at USD 10.29 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 3.8% from 2023 to 2030.

• The stainless steel segment is expected to grow at a CAGR of 4.5% over the forecast period. Stainless steel is an expensive raw material, resulting in comparatively higher prices for end products such as nails. However, these nails offer a long-lasting solution with minimal maintenance requirements. Additionally, recycling stainless-steel nails is also considered to be an easy process. These factors are expected to fuel the global demand for stainless steel nails for usage in various construction projects
• Concrete construction dominated the market and is further anticipated to grow at a CAGR of 4.7% over the forecast period. Concrete is the most common material used in construction projects. The material is made by mixing several other materials such as water, gravel, stones, cement, and aggregates. These materials together result in long-lasting building solutions. Furthermore, concrete is also highly preferred in the construction of sidewalks, garages, basements, driveways, columns, manholes, and beams on account of its superior strength
• The Central & South America region is expected to grow at a CAGR of 3.3% over the forecast period. Emerging economies, such as Argentina, Brazil, and Peru are witnessing population growth coupled with rapid urbanization. These factors are triggering the construction of residential and commercial units in Central & South America, thereby fueling the product demand
• The market for construction nails is highly competitive due to the presence of a large number of local players. Some of the key players include Simpson Strong-Tie, Grip-Rite, Shandong Oriental Cherry Hardware Group, Maze Nails, TITIBI, and Pan Chem Corporation

Go through the table of content of Construction Fasteners Industry Data Book to get a better understanding of the Coverage and Scope of the study

Competitive Landscape

The construction nails market is categorized as highly competitive owing to the presence of a number of large- and small-sized manufacturers of different types of these nails in their product portfolios.

Key players operating in the Construction Fasteners Industry are:

• Simpson Strong-Tie
• Grip-Rite
• Shandong Oriental Cherry Hardware Group
• Maze Nails
• TITIBI

Check out more Industry Data Books, published by Grand View Research

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: https://www.grandviewresearch.com/sector-reports-list
Follow Us: LinkedIn | Twitter