Latin America Construction Anchors Market Size & Outlook
Related Markets
Latin America construction anchors market highlights
- The Latin America construction anchors market generated a revenue of USD 96.9 million in 2023.
- The market is expected to grow at a CAGR of 3.8% 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.
- Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 96.9 million |
| Market revenue in 2030 | USD 125.9 million |
| Growth rate | 3.8% (CAGR from 2023 to 2030) |
| Largest segment | Mechanical |
| Fastest growing segment | Chemical |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Latin America region accounted for 3.2% of the global construction anchors market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,264.4 million by 2030.
Mechanical was the largest segment with a revenue share of 39.32% in 2023. Horizon Databook has segmented the Latin America 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.
The construction industry in Central & South America is anticipated to witness substantial growth during the forecast period owing to its flourishing construction industry. The market in the region is projected to grow at a CAGR of 3.7% over the forecast period.
Emerging economies, such as Argentina, Brazil, and Peru, are witnessing population growth and rapid urbanization. These factors are triggering the construction of commercial units in these countries, thereby fueling the demand for construction anchors in the region.
Increasing construction of new buildings in Central & South America, coupled with the restoration of existing structures, is driving the demand for construction anchors. This fuels the growth of the market in the region. As countries such as Brazil, Argentina, and Chile have a skilled labor force, it leads to the local production of construction anchors that are exported to other parts of the world.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Construction Anchors Market Scope
Construction Anchors Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Ceas | View profile | 11-50 | Milano, Lombardia, Italy, Europe | http://www.ceas.it |
| Friulsider | View profile | 101-250 | San Giovanni Al Natisone, Friuli-Venezia Giulia, Italy, Europe | https://www.friulsider.com |
| Fischer Group of Companies | View profile | 251-500 | Germany, Georgia, United States, North America | https://www.fischer.group/en/ |
| Wurth Group | View profile | 10001+ | Künzelsau, Baden-Wurttemberg, Germany, Europe | https://www.wuerth.de/web/de/awkg/kontakt/kontakt.php |
| MKT Fastening LLC | View profile | 11-50 | Lonoke, Arkansas, United States, North America | https://www.mktfastening.com/ |
| Hilti Group | View profile | 10001+ | Schaan, Schaan, Liechtenstein, Europe | https://www.hilti.group/content/hilti/CP/XX/en.html |
| SFS Group AG | View profile | 13198 | Rosenbergsaustrasse 8, Heerbrugg, Switzerland, 9435 | https://www.sfs.com |
| Sika AG | View profile | 33547 | Zugerstrasse 50, Baar, Switzerland, 6340 | https://www.sika.com |
| Illinois Tool Works Inc | View profile | 45000 | 155 Harlem Avenue, Glenview, IL, United States, 60025 | https://www.itw.com |
| Stanley Black & Decker | View profile | 50500 | 1000 Stanley Drive, New Britain, CT, United States, 06053 | https://www.stanleyblackanddecker.com |
Latin America construction anchors market size, by country, 2018-2030 (US$M)
Latin America Construction Anchors Market Outlook Share, 2023 & 2030 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
