PUBLISHER: Grand View Research | PRODUCT CODE: 1404636
PUBLISHER: Grand View Research | PRODUCT CODE: 1404636
Europe Chemical Anchors Market Size, Share & Trends Analysis Report By Product (Injectable Adhesive, Capsule Adhesive), By Resin (Epoxy Acrylate, Hybrid Systems), By Application, By Country, And Segment Forecasts, 2024 - 2030
Europe Chemical Anchors Market Growth & Trends:
The Europe chemical anchors market size is expected to reach USD 411.4 million by 2030, registering a CAGR of 3.1% over the forecast period, according to a new report by Grand View Research, Inc. Increasing migration in largest cities of Europe including Germany, France, and Spain as well as in other cities is projected to drive the demand for new dwellings, thereby boosting the growth of product.
There are several upcoming construction projects around Europe. London's CrossRail, a large-scale high-speed railway project, is expected to cost USD 23 billion. Furthermore, in August 2021, Bracknell Forest Cambium Partnership got approval for the planned Coopers Hill regeneration project in the UK. The project is a part of GBP 124 million (~USD 171.5 million) regeneration of Bracknell Town Centre. Chemical anchors will be used for construction of these aforementioned projects, which is anticipated to open up new prospects for market expansion.
Europe chemical anchors industry value chain comprises raw material manufacturers/suppliers, manufacturers, distributors, and end-users. The main competition is from mechanical anchors that are easy to install, cost-effective, and quick in installation as compared to chemical anchors. Fluctuating raw material prices often lead to variations in the prices of the final product, thus affecting companies across the value chain.
Major players in the market sell their products through a distribution channel, their supplier network, or through sales offices present around Europe. Manufacturers are involved in the production of various types of chemical anchors such as unsaturated polyester, epoxy acrylate, and pure epoxy. Manufacturers also create their websites or sell their products through third-party websites to expand their presence around the world.
The major disadvantage of chemical anchors lies in their installation since they are more sensitive to poor hole cleaning compared to mechanical anchors. Furthermore, high costs of the final product compared to mechanical anchors are likely to hamper the adoption rate of the product in economies around Europe. Moreover, volatility in their prices due to various factors such as trade wars and environmental considerations may restrict the product growth in coming years.
The European chemical anchor industry is highly competitive owing to the presence of several multinational and local manufacturers. Companies are adopting strategies, such as acquisition & mergers, new product development, and geographical expansion. These strategies help them enhance their market penetration and cater to the changing technological demand from residential, commercial, infrastructure, and industrial construction applications.
Europe Chemical Anchors Market Report Highlights:
- Based on product, the market has been segmented into injectable adhesive and capsule adhesive. Injectable adhesive chemical anchors accounted for the largest revenue share of 74.6% in 2023. They are larger in terms of anchorage sizes and lengths when compared to capsule systems' set sizes. In addition, in some situations, such as flooded or large holes, injectable chemical anchors are a safe alternative
- Epoxy acrylate was the largest used resin in 2023 for the production of chemical anchors, with a revenue of over USD 115.5 million. It is suitable for heavy, rapid curing, high-performance loads, and has minimal odor. In addition, it has excellent chemical resistance in extreme conditions or under humid circumstances and can even be used in underwater anchors. It is also used to fix solid or hollow structural supports, such as walls, columns, facades, and floors
- Infrastructure application accounted for the largest revenue share of Europe's chemical anchors market in 2023 and is further expected to grow at a CAGR of 3.5% over the forecast period. This growth is attributed to wide use of products for making high-strength bridges and flyovers. Governments across several European countries such as Spain, France, and UK have been investing heavily over the past few years for development of road and rail infrastructures, thus driving the growth of Europe chemical anchors industry
- Germany dominated the market with a revenue of USD 76.3 million in 2023, owing to its extensive use in commercial and infrastructural construction activities. This is attributed to increased awareness about construction chemicals and growing infrastructure investments in the area. Investments by German government for construction of new bridges and repair works for existing bridges are expected to drive the growth of chemical anchors market
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources
- 1.3.4. Third-Party Perspectives
- 1.3.5. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation and Publishing
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segmental Outlook
- 2.3. Competitive Insights
Chapter 3. Europe Chemical Anchors Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Global Construction Anchors Market Outlook
- 3.2. Value Chain Analysis
- 3.3. Regulatory Framework
- 3.4. Technology Overview
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.1.1. Growing Construction Industry of Europe
- 3.5.2. Market Restraint Analysis
- 3.5.2.1. Lack of Awareness Regarding Construction Chemicals
- 3.5.3. Industry Opportunity
- 3.5.4. Industry Challenges
- 3.5.1. Market Driver Analysis
- 3.6. Porter's Analysis
- 3.7. PESTEL Analysis, by SWOT
- 3.8. Market Disruption Analysis
Chapter 4. Europe Chemical Anchors Market: Product Estimates & Trend Analysis
- 4.1. Product Takeaways
- 4.2. Product Market Share Analysis, 2023-2030
- 4.3. Europe Chemical Anchors Market Estimates & Forecast, By Product 2018 - 2030 (USD Million)
- 4.3.1. Injectable Adhesive Anchors
- 4.3.2. Capsule Adhesive Anchors
Chapter 5. Europe Chemical Anchors Market: Resin Estimates & Trend Analysis
- 5.1. Resin Takeaways
- 5.2. Resin Market Share Analysis, 2023-2030
- 5.3. Europe Chemical Anchors Market Estimates & Forecast, By Resin 2018 - 2030 (USD Million)
- 5.3.1. Polyester Chemical Anchor
- 5.3.2. Unsaturated Polyester Chemical Anchor
- 5.3.3. Epoxy Acrylate Chemical Anchor
- 5.3.4. Pure Epoxy Chemical Anchor
- 5.3.5. Hybrid Systems
Chapter 6. Europe Chemical Anchors Market: Application Estimates & Trend Analysis
- 6.1. Application Takeaways
- 6.2. Application Market Share Analysis, 2023-2030
- 6.3. Europe Chemical Anchors Market Estimates & Forecast, By Application 2018 - 2030 (USD Million)
- 6.3.1. Residential
- 6.3.2. Commercial
- 6.3.3. Infrastructure
- 6.3.4. Industrial
Chapter 7. Europe Chemical Anchors Market: Country Estimates & Trend Analysis
- 7.1. Key Takeaways
- 7.2. Country Market Share Analysis, 2023-2030
- 7.3. Europe
- 7.3.1. Europe Chemical Anchors market estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.3.2. Germany
- 7.3.2.1. Germany Chemical Anchors market estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.3.3. France
- 7.3.3.1. France Chemical Anchors market estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.3.4. UK
- 7.3.4.1. UK Chemical Anchors market estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.3.5. Spain
- 7.3.5.1. Spain Chemical Anchors market estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.3.6. Italy
- 7.3.6.1. Italy Chemical Anchors market estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.3.7. Poland
- 7.3.7.1. Poland Chemical Anchors market estimates & Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Supplier Intelligence
- 8.1. Kraljic Matrix
- 8.2. Engagement Model
- 8.3. Negotiation Strategies
- 8.4. Sourcing Best Practices
- 8.5. Vendor Selection Criteria
- 8.6. List of Suppliers
Chapter 9. Competitive Landscape
- 9.1. Recent Developments & Impact Analysis, By Key Market Participants
- 9.2. Competition Categorization
- 9.3. Company Market Positioning
- 9.4. Company Heat Map Analysis, 2023
- 9.5. Strategy Mapping, 2023
- 9.6. Company Listing
- 9.6.1. Sika AG
- 9.6.1.1. Company Overview
- 9.6.1.2. Financial Performance
- 9.6.1.3. Product Benchmarking
- 9.6.1.4. Strategic Initiatives
- 9.6.2. Hilti Corporation
- 9.6.2.1. Company Overview
- 9.6.2.2. Financial Performance
- 9.6.2.3. Product Benchmarking
- 9.6.2.4. Strategic Initiatives
- 9.6.3. Simpson Strong-Tie Company, Inc.
- 9.6.3.1. Company Overview
- 9.6.3.2. Financial Performance
- 9.6.3.3. Product Benchmarking
- 9.6.3.4. Strategic Initiatives
- 9.6.4. Henkel AG & Co. KGaA
- 9.6.4.1. Company Overview
- 9.6.4.2. Financial Performance
- 9.6.4.3. Product Benchmarking
- 9.6.4.4. Strategic Initiatives
- 9.6.5. fischer Group of Companies
- 9.6.5.1. Company Overview
- 9.6.5.2. Financial Performance
- 9.6.5.3. Product Benchmarking
- 9.6.5.4. Strategic Initiatives
- 9.6.6. Illinois Tool Works Inc.
- 9.6.6.1. Company Overview
- 9.6.6.2. Financial Performance
- 9.6.6.3. Product Benchmarking
- 9.6.6.4. Strategic Initiatives
- 9.6.7. Mungo AG
- 9.6.7.1. Company Overview
- 9.6.7.2. Financial Performance
- 9.6.7.3. Product Benchmarking
- 9.6.7.4. Strategic Initiatives
- 9.6.8. HALFEN
- 9.6.8.1. Company Overview
- 9.6.8.2. Financial Performance
- 9.6.8.3. Product Benchmarking
- 9.6.8.4. Strategic Initiatives
- 9.6.9. Chemfix
- 9.6.9.1. Company Overview
- 9.6.9.2. Financial Performance
- 9.6.9.3. Product Benchmarking
- 9.6.9.4. Strategic Initiatives
- 9.6.10. Fasten.it S.r.l.
- 9.6.10.1. Company Overview
- 9.6.10.2. Financial Performance
- 9.6.10.3. Product Benchmarking
- 9.6.10.4. Strategic Initiatives
- 9.6.11. Klimas Sp. z o.o.
- 9.6.11.1. Company Overview
- 9.6.11.2. Financial Performance
- 9.6.11.3. Product Benchmarking
- 9.6.11.4. Strategic Initiatives
- 9.6.12. Etanco Polska
- 9.6.12.1. Company Overview
- 9.6.12.2. Financial Performance
- 9.6.12.3. Product Benchmarking
- 9.6.12.4. Strategic Initiatives
- 9.6.1. Sika AG
List of Tables
- Table 1 Europe Chemical Anchors Market Estimates & Forecast, By Product, 2018 - 2030 (USD Million)
- Table 2 Europe Chemical Anchors Market Estimates & Forecast, By Resin, 2018 - 2030 (USD Million)
- Table 3 Europe Chemical Anchors Market Estimates & Forecast, By Application, 2018 - 2030 (USD Million)
- Table 4 Recent Developments & Impact Analysis, By Key Market Participants
- Table 5 Company Heat Map Analysis, 2023
List of Figures
- Fig. 1 Europe Chemical Anchors Market Segmentation
- Fig. 2 Information Procurement
- Fig. 3 Data Analysis Models
- Fig. 4 Market Formulation and Validation
- Fig. 5 Data Validating & Publishing
- Fig. 6 Market Outlook
- Fig. 7 Segmental Outlook
- Fig. 8 Segmental Outlook
- Fig. 9 Competitive Outlook
Fig. 10 Europe Chemical Market - Global Construction Anchors Market Outlook (USD Million)
- Fig. 11 Europe Chemical Anchors Market - Value Chain Analysis
- Fig. 12 Market restraints impact analysis
- Fig. 13 Euro area production of construction (Index 2015= 100)
- Fig. 14 Market restraint impact analysis
- Fig. 15 Industry Analysis: Porter's
- Fig. 16 PESTEL Analysis, By SWOT
- Fig. 17 Product: Key Takeaways
- Fig. 18 Product: Market Share, 2023 & 2030
- Fig. 19 Europe chemical anchors market estimates & forecasts, by injectable adhesive chemical, 2018 - 2030 (USD Million)
- Fig. 20 Europe chemical anchors market estimates & forecasts, by capsule adhesive chemical, 2018 - 2030 (USD Million)
- Fig. 21 Resin: Key Takeaways
- Fig. 22 Resin: Market Share, 2023 & 2030
- Fig. 23 Europe polyester chemical anchors market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 24 Europe unsaturated polyester chemical anchors market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 25 Europe epoxy acrylate chemical anchors market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 26 Europe pure epoxy chemical anchors market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 27 Europe chemical anchors market estimates & forecasts, by polyester chemical anchor, 2018 - 2030 (USD Million)
- Fig. 28 Application: Key Takeaways
- Fig. 29 Application: Market Share, 2023 & 2030
- Fig. 30 Europe chemical anchors market estimates & forecasts, for residential, 2018 - 2030 (USD Million)
- Fig. 31 Europe chemical anchors market estimates & forecasts, for commercial, 2018 - 2030 (USD Million)
- Fig. 32 Europe chemical anchors market estimates & forecasts, by infrastructure, 2018 - 2030 (USD Million)
- Fig. 33 Europe chemical anchors market estimates & forecasts, for industrial, 2018 - 2030 (USD Million)
- Fig. 34 Country, 2023 & 2030, (USD Million)
- Fig. 35 Country Marketplace: Key Takeaways
- Fig. 36 Europe chemical anchors market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 37 Germany chemical anchors market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 38 Monthly indices for production in construction, for Germany, March 2022-March 2023 (base year 2015)
- Fig. 39 France chemical anchors market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 40 Monthly indices for production in construction, for France, March 2022-March 2023 (base year 2015)
- Fig. 41 UK chemical anchors market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 42 Spain chemical anchors market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 43 Monthly indices for production in construction, for Spain, March 2022-March 2023 (base year 2015)
- Fig. 44 Italy chemical anchors market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 45 Monthly indices for production in construction, for Italy, March 2022-March 2023 (base year 2015)
- Fig. 46 Poland chemical anchors market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 47 Kraljic Matrix
- Fig. 48 Engagement Model
- Fig. 49 Sourcing Best Practices
- Fig. 50 Vendor Selection Criteria
- Fig. 51 Competition Categorization
- Fig. 52 Company Market Positioning
- Fig. 53 Company Market Share Analysis, 2023
- Fig. 54 Strategy Mapping, 2023
