What is Anchor Bolt?
An anchor bolt is designed to attach the structural element to concrete. It is typically used to attach steel to concrete. These bolts are designed how they perform this task varies depending on the type. The most common type of anchor bolt is used called a cast in place anchor. Most designs consist of the hexagonal head in a standard bolt. It is called cast in place because it cast with the concrete. There are different kinds of bolts each made for a specific application. Therefore the growing demand of anchor bolts as a heavy-duty fastener in the construction and fabrication implies the growth in the anchor bolt market.
The market study is broken down by Type (L-Shaped, Double End Rods with Plate, Headed Anchor Bolts and Swedge Bolts), by Application (Construction, Fabrication and Manufacturing) and major geographies with country level break-up.
Analysts at AMA Research estimates that Vendors from United States will contribute to the maximum growth of Global Anchor Bolt market throughout the predicted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Birmingham Fastener (United States), Hilti (United States), Peikko Group (Finland), Unique Fasteners (India), Ritchie Industries, Inc. (United States), BTM Manufacturing (United States), Bossard Holding AG (Switzerland), EDSCO Fasteners (United States), EJOT COM (Germany), American Anchor Bolt Manufacturing (United States) and Powers Fasteners, Inc. (Stanley Black & Decker) (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Pacific Bolt Manufacturing Ltd. (Canada), Argip sp. Z o. O (Poland), Classic Metallic Sheet Factory LLC (United Arab Emirates), Fastenal Company (United States) and Canco Fastener (India).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Anchor Bolt market by Type, Application and Region.
On the basis of geography, the market of Anchor Bolt has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channels, the sub-segment i.e. Online (E-commerce Sites) will boost the Anchor Bolt market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material Type, the sub-segment i.e. Steel will boost the Anchor Bolt market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Head Type, the sub-segment i.e. Hexagonal Head will boost the Anchor Bolt market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Trend
- Rising Trend of Cast-in-Place Anchor Bolt Due to the Simple & Strong Design
- Increasing Popularity of Anchor Bolts Owing to Its Wide Range of Product Suitable for Loading Condition Where Heavy-Duty Connections re Needed
Market Drivers
- Increasing Demand from Construction Industry to Attach the Steel Element to Concrete
- Anchor Bolts are Used to Stable & Secure the Light Pole
Opportunities
- Increasing Construction Activities across the globe
- Rising Production of Heavy Equipment’s & Tools in Manufacturing Industries
Restraints
- Splitting Problem with Anchor Bolt
- Fluctuating Raw Material Prices
Challenges
- Corrosion Inspection Problem of Structural Anchor Bolts
Key Target Audience
Anchor Bolts Manufacturer, Raw Material Suppliers, Potential Technology Investors, Downstream Vendors, End Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.