Spain Construction Anchors Market Size & Outlook, 2023-2030
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Spain construction anchors market highlights
- The Spain construction anchors market generated a revenue of USD 52.5 million in 2023 and is expected to reach USD 57.2 million by 2030.
- The Spain market is expected to grow at a CAGR of 1.2% 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 52.5 million |
| Market revenue in 2030 | USD 57.2 million |
| Growth rate | 1.2% (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, Spain accounted for 1.7% 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 Europe, Germany construction anchors market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 106.7 million by 2030.
Positive developments in the economic conditions and investments by the government in infrastructure sector of Spain are fueling the growth of building & construction industry, which, in turn, is expected to contribute to the growth of the construction anchor market. In addition, private players are constructing residential apartments to meet the growing demand for housing.
Moreover, under the National Recovery and Resilience Plan 2021-2026, the government allocated USD 1,132 million for the construction of energy-efficient rental housing solutions. The increasing demand for residential apartments is expected to propel the demand for construction anchors in the country.
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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 |
Spain 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 44.57% in 2023.
Horizon Databook has segmented the Spain 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.
Positive developments in the economic conditions and investments by the government in infrastructure sector of Spain are fueling the growth of building & construction industry, which, in turn, is expected to contribute to the growth of the construction anchor market. In addition, private players are constructing residential apartments to meet the growing demand for housing.
Moreover, under the National Recovery and Resilience Plan 2021-2026, the government allocated USD 1,132 million for the construction of energy-efficient rental housing solutions. The increasing demand for residential apartments is expected to propel the demand for construction anchors in the country.
- Spain Construction Anchors Market Product Outlook (Revenue, USD Million , 2018-2030)
- Hangers
- Mechanical
- Chemical
- Nail-in
- Wall
- Others (drywall plugs, drywall screws, and insulation anchors)
- Spain Construction Anchors Market Material Type Outlook (Revenue, USD Million , 2018-2030)
- Stainless Steel
- Carbon Steel
- Others
- Spain 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 Spain Construction Anchors Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Spain Construction Anchors Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Spain Construction Anchors Market, 2018-2030 (US$M)
Spain construction anchors market statistics, by product, 2018-2030 (US$M)
