PUBLISHER: Grand View Research | PRODUCT CODE: 1512079
PUBLISHER: Grand View Research | PRODUCT CODE: 1512079
The Europe construction connectors market size is anticipated to reach USD 621.2 million by 2030, and is expected to expand at a CAGR of 11.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. The overall health of the construction industry majorly influences the construction connector market. With increased urbanization and population, construction is expected to grow over the forecast period, driving the demand for construction connectors.
The accelerated shift towards using sustainable and eco-friendly products is driving the use of wood in the construction industry. Countries such as France, Germany, and others promote using wood for construction purposes to reduce carbon emissions and carbon footprint. These factors are anticipated to boost the demand for wood connectors within the construction connectors industry.
The manufacturers mainly focus on innovation and new designs to keep up with the emerging connector market trends and provide customers with more convenient and feasible solutions. Professionals use their expertise and skills to identify the difficulties in the market and accordingly conduct research and develop the product. Moreover, the announcements pertaining to the redevelopment of old projects and the launch of new projects in countries such as Germany, Sweden, France, the UK, and others are anticipated to provide significant growth opportunities for the market in upcoming years. For instance, France is set to invest 100 billion euros to improve and expand its rail network and reduce carbon emissions.