What is Screw Anchors Market?
Screw anchors is defined as the anchor which is in the form of a sharp-pointed screw with broad flanges used principally for moorings. It is mostly placed into difficult materials in order to prepare for the insertion of screws. Screw anchors are mostly used in drywall, masonry walls and others. It is also widely used in solid brick and hollow-core slabs. Improving economic conditions and rapid urbanization growth is expected to drive the growth of the screw anchors market over the years to come.
The market study is being classified by Type (Stud Anchors, Sleeved Anchors, Drop-in Anchor, Lifting Anchor, Pole Anchor and Others) and major geographies with country level break-up.
Fastenal (United States), Hilti (India), KAMAX Holding GmbH & Co. KG (Germany), Acument Global Technologies (United States), Dokka Fasteners (Unted States), Arconic (United States), Gem-Year (China), Infasco (Canada), Marmon Group (United States) and Stanley Black & Decker, Inc., (United States) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Nucor Fastener (United States), CISER (Brazil), LISI Group (France), Illinois Tool Works Inc. (United States), DEWALT (United States) and Huawei Technologies Co. Ltd. (China).
The market is fragmented with numerous players focusing on technique and quality of the product due to which the global screw anchors market can witness an upsurge in the forecast period. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Screw Anchors market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Screw Anchors market by Type, Application and Region.
On the basis of geography, the market of Screw Anchors 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Rise In Building and Construction Activities in Developing Countries
- Growing Industrialization in both Developed and Developing Countries
Market Trend
- Technology Advancement of Screw Anchors Products
Restraints
- String Regulatory regarding Screw anchor
Opportunities
- Rising Demand from Emerging Economics such as China and India and others
Challenges
- Lack of awareness regarding the usage and benefit of Screw anchors
Key Target Audience
Manufacturers of Screw Anchors, Suppliers of Screw Anchors, Wholesalers, Distributors and Retailers of Screw Anchors, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others