PUBLISHER: Allied Market Research | PRODUCT CODE: 1225083
PUBLISHER: Allied Market Research | PRODUCT CODE: 1225083
The global facade anchor systems market was valued at $490.9 million in 2021, and is projected to reach $851.2 million by 2031, registering a CAGR of 5.7% from 2022 to 2031. Facade anchor system is designed to ensure the facade is securely attached to the wall and includes use of brackets, bolts, fasteners, and bars. These systems are lightweight and manufactured with aluminum, steel or with high yield metal.
Rise in urbanization drives the demand for new construction building and residential & commercial construction activities, which is expected to upsurge the demand for facade systems products; thereby, driving the growth of the facade anchor system market. For instance, according to the German Construction Federation (ZDB) and the German Construction Industry Federation (HDB), 4% growth in the German construction sector reach up to $124.45 billion from 2020 to 2022. In addition, the rise in disposable income of the population in various governments such as India, China, Brazil, and others is expected to drive the adoption of the facade anchor systems in residential and commercial construction activities, which boost the growth of the facade anchor systems market.
The facade anchor system market is segmented on the basis of type, application, end-user, and region. By type, the market is categorized into facade anchor and masonry anchor. On the basis of application, it is bifurcated into masonry, concrete, curtain wall, and others. And on the basis of end user, the market is categorized into residential, and non-residential. Region wise, the market is analyzed across North America, Europe, Middle East, Africa, Asia-Pacific, and LAMEA.
The major players that operate in the global market have adopted key strategies such as product launch and product development to strengthen their market outreach and sustain the stiff competition in the market.
COMPETITION ANALYSIS
Key companies profiled in the facade anchor system market report include EJOT Holding GmbH & Co. KG, CRH PLC (Halfen), Heckmann Building product, Hilti Group, Hohmann & Barnard Inc., KEIL Befestigungstechnik GmbH, Knight Wall Systems, Monarch Metals Inc., Simpson Strong Tie, Wire Bond are provided in this report.
By Type
By Application
By End-User
By Region