India Construction Anchors Market Size & Outlook, 2023-2030
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India construction anchors market highlights
- The India construction anchors market generated a revenue of USD 97.9 million in 2023 and is expected to reach USD 133.4 million by 2030.
- The India market is expected to grow at a CAGR of 4.5% from 2024 to 2030.
- In terms of segment, mechanical was the largest revenue generating product in 2023.
- Chemical is the most lucrative product segment registering the fastest growth during the forecast period.
Construction anchors market data book summary
| Market revenue in 2023 | USD 97.9 million |
| Market revenue in 2030 | USD 133.4 million |
| Growth rate | 4.5% (CAGR from 2023 to 2030) |
| Largest segment | Mechanical |
| Fastest growing segment | Chemical |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hangers, Mechanical, Chemical, Nail-in, Wall, Others (drywall plugs, drywall screws, and insulation anchors) |
| Key market players worldwide | Hilti Group, Stanley Black & Decker, Illinois Tool Works Inc, Wurth Group, Fischer Group of Companies, MKT Fastening LLC, SFS Group AG, Friulsider, Ceas, Sika AG |
Other key industry trends
- In terms of revenue, India accounted for 3.2% of the global construction anchors market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China construction anchors market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 133.4 million by 2030.
Recently, India has witnessed significant growth in its construction industry owing to ongoing real estate and infrastructure development projects in the country. This has fueled the demand for construction anchors in India.
Increasing investments by the government of the country and private corporations in the construction of roads, rails, bridges, etc. and ongoing urbanization in India fuel the consumption of construction anchors in the country. This, in turn, contributes to the growth of the market in India.
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Publish Date: Aug 16, 2024
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Construction Anchors Market Scope
Construction Anchors Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Stanley Black & Decker | View profile | 50,500 | 1000 Stanley Drive, New Britain, CT, United States, 06053 | www.stanleyblackanddecker.com |
| Illinois Tool Works Inc | View profile | 45,000 | 155 Harlem Avenue, Glenview, IL, United States, 60025 | www.itw.com |
| Sika AG | View profile | 33,547 | Zugerstrasse 50, Baar, Switzerland, 6340 | www.sika.com |
| SFS Group AG | View profile | 13,198 | Rosenbergsaustrasse 8, Heerbrugg, Switzerland, 9435 | www.sfs.com |
| Hilti Group | View profile | 10001+ | Schaan, Schaan, Liechtenstein, Europe | www.hilti.group/content/hilti/CP/XX/en.html |
| MKT Fastening LLC | View profile | 11-50 | Lonoke, Arkansas, United States, North America | www.mktfastening.com/ |
| Wurth Group | View profile | 10001+ | Künzelsau, Baden-Wurttemberg, Germany, Europe | www.wuerth.de/web/de/awkg/kontakt/kontakt.php |
| Fischer Group of Companies | View profile | 251-500 | Germany, Georgia, United States, North America | www.fischer.group/en/ |
| Friulsider | View profile | 101-250 | San Giovanni Al Natisone, Friuli-Venezia Giulia, Italy, Europe | www.friulsider.com |
| Ceas | View profile | 11-50 | Milano, Lombardia, Italy, Europe | www.ceas.it |
India Construction Anchors Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Construction Anchors Market Outlook will help companies and investors design strategic landscapes.
Mechanical was the largest segment with a revenue share of 45.86% in 2023.
Horizon Databook has segmented the India construction anchors market based on hangers, mechanical, chemical, nail-in, wall, others (drywall plugs, drywall screws, and insulation anchors) covering the revenue growth of each sub-segment from 2018 to 2030.
Recently, India has witnessed significant growth in its construction industry owing to ongoing real estate and infrastructure development projects in the country. This has fueled the demand for construction anchors in India.
Increasing investments by the government of the country and private corporations in the construction of roads, rails, bridges, etc. and ongoing urbanization in India fuel the consumption of construction anchors in the country. This, in turn, contributes to the growth of the market in India.
- India Construction Anchors Market Product Outlook (Revenue, USD Million , 2018-2030)
- Hangers
- Mechanical
- Chemical
- Nail-in
- Wall
- Others (drywall plugs, drywall screws, and insulation anchors)
- India Construction Anchors Market Material Type Outlook (Revenue, USD Million , 2018-2030)
- Stainless Steel
- Carbon Steel
- Others
- India Construction Anchors Market End Use Outlook (Revenue, USD Million , 2018-2030)
- Residential
- Commercial
- Industrial
- Infrastructural
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Horizon Databook provides a detailed overview of country-level data and insights on the India Construction Anchors Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into India Construction Anchors Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
India Construction Anchors Market, 2018-2030 (US$M)
India construction anchors market statistics, by product, 2018-2030 (US$M)
