Anchor Fasteners Market Size, Share, By Product Type (Mechanical Anchors and Adhesives Anchors), By Fastener Type (Hammer Drive Anchors, Toggle Wing Bolts, Plastic Anchors, Wedge Anchors, Flat Head Sleeve Anchors, Hex Nut Sleeve Anchors, Drop-In Anchors, Hollow Wall/ Hollow Wall Drive Anchors, Acorn Nut Sleeve Anchors, Hammer Drive Mushroom Head Anchors, Hammer Drive Flat Head Anchors, and Concrete Screws), By Application (Building and construction, Electronic Industry, Automotive Industry, and Mechanical and infrastructure Industries), and By Region- Trends, Analysis, and Forecast till 2034

Report Code: PMI68619 | Publish Date: March 2024 | No. of Pages: 167

Global Anchor Fasteners Market By Overview

Anchor Fasteners Market Size was valued at USD 13.9 Billion in 2024 and is expected to reach USD 24.9 Billion by 2034, growing at a CAGR of 6.1%

Anchor bolts are robust fasteners employed for attaching items to concrete. They are frequently used to attach steel poles to concrete surfaces. The anchor bolts are inserted directly through the pole's bottom and into the concrete. Due to their distinctive design, the pole stays steady and protected.

Anchor fasteners are utilized in the building sector for residential and industrial purposes. They are frequently utilized to fasten objects to surfaces such as concrete or brick. They are commonly placed into the primary material via drilling holes and firmly securing themselves. Anchor fasteners handle shear and pull-out forces effortlessly, guaranteeing the assembly's stability. Fasteners are crucial in creating a finished and operational end-product, holding a significant market share, and being a perennially relevant industry sector. Despite advancements in chemical bonding techniques in the fastening industry, the demand for fasteners remains high due to their durability and the challenges of chemical bonding.

Global Anchor Fasteners Market By Dynamics

Key Drivers of Target Market:

Growth in construction and infrastructure projects

  • Most construction fasteners are typically composed of metals, as noted by researchers. Additionally, most metal fasteners are produced using steel or alloy steel, providing durability. Specific applications require higher performance levels than typical. Therefore, they can also include alternative metals such as aluminum, copper, bronze, silicon bronze, titanium, steel, and superalloys like nickel. Small and medium-sized global construction companies largely control the metal fasteners sector. Metal fasteners provide superior mechanical strength, leading to a gradual increase in the construction fasteners industry. It has been noted that major players in the construction fastener industry are dedicating resource types to research and development to create more robust fasteners that improve bonding.

The need for a reliable and efficient fastening solution:

  • As the product is used in many infrastructural development processes development processes, the anchor fastener must be strong in material quality. It should rust slowly and give long-term usage. This critical component demand has driven the market upwards.

Expansion of industries such as automotive and aerospace:

  • Nuts, bolts, and washers are typical fastening components used in automobiles. Nuts utilize internal female threading to fasten bolts and screws to a designated surface. Bolts, which have heads, are threaded rods and pins used in wheel production. Car washers are usually tiny, flat circular pieces with openings in the middle. They secure multiple automotive fasteners to avoid leaks, evenly distribute pressure, and ensure secure radiators.
  • The main function of industrial fasteners in aerospace is to connect various components in primary and secondary structural areas and pressurized and non-pressurized applications. They also play a crucial role in transferring loads during production and repair tasks. Seal Excel produces stainless steel fasteners with superior strength and excellent corrosion resistance.

Restrains:

Economic Factors:

  • Changes in the worldwide economy can influence the expenditure on construction and infrastructure, which are critical industries for anchor fasteners. A decrease in the economy may result in lower investments in new projects, impacting the demand for anchor fasteners.

Regulatory challenges:

  • Meeting building codes and regulations can be challenging, particularly in areas with stringent safety requirements. Meeting these criteria increases the expenses and intricacy of manufacturing and marketing anchor fasteners.

Alternative Substitutes:

  • Alternate options, such as chemical adhesives or modern fastening systems, can rival traditional anchor fasteners. These alternatives could provide benefits such as quicker installation times or improved performance in specific scenarios.

Global Anchor Fasteners Market By Segmentation

The market is segmented based on Product Type, By fastener Type, Application and Region.

Product Insights:

  • Mechanical Anchors: Mechanical anchors are typically more straightforward to both setup and remove. This particular anchor is suitable for use with only durable, sturdy concrete. The anchor will not tighten correctly or work effectively if the concrete is not strong. Due to the concentration of weight and stress at the anchor's tip, cracks in the cement can occur, especially in weaker concrete. Ensure the hole is not more significant than the anchor to adhere correctly. Although occasionally necessary, be careful not to insert the anchor into any air or powder pockets, as this will result in a hole more significant than the anchor.
  • Adhesive Anchors: Chemical adhesive anchors require a more challenging installation process and come at a higher cost. However, there is no need to be concerned about the concrete strength when using adhesive anchors because they will still be effective in low-strength concrete. Before installing an adhesive anchor, you must drill and clean the hole first. After cleaning the hole, proceed to fill it with the adhesive material.

Fastener Type Insights:

  • Hammer-drive anchors: These light-duty and tamper-resistant anchors are designed for permanent installation in concrete, block, brick, and stone. Press the central pin down until it is level to widen the body and secure it in position. Avoid using Hammer-Drive Anchors in situations where they will be positioned overhead.
  • Toggle Wing Bolts: Toggle Bolts are utilized in hollow wall situations such as drywall and concrete block and are composed of a machine screw and a spring wing toggle. To set up, fold the wings back and insert them into a pre-drilled hole. When the spring is activated, the wings open while moving out of the entrance hole within the wall. Taking out the screw will result in the toggle wing dropping into the wall.
  • Plastic Anchors: These are used to secure items in concrete, hollow blocks, bricks, solid bricks, and wallboards with minimal weight. The ridged body of Conical Plastic Anchors has fins to stop them from rotating when a screw (not included) is being inserted into wood or sheet metal.
  • Wedge Anchors: These Wedge Anchors with machine screw threaded studs are specifically made for concrete applications. A hole that has already been drilled and has the same diameter as the anchor is necessary. When the nut is tightened, the anchor expands at the tapered end.
  • Flat Head Sleeve Anchors: Sleeve Anchors, such as Acorn and Hex Nut variants, with Flat and Round Head designs, are utilized in concrete and masonry projects—an already drilled hole with the same diameter as the anchor is needed. When the nut or screw is tightened, an internal expander forces the expansion sleeve to widen and firmly grasp the hole. They come already assembled and are designed to handle heavy loads.
  • Hex Nut Sleeve Anchors: Sleeve Anchors, such as Acorn and Hex Nut variants, with Flat and Round Head designs, are utilized in concrete and masonry projects. An already drilled hole is needed, with the same diameter as the anchor. When the nut or screw is tightened, an internal expander forces the expansion sleeve to widen and firmly grasp the hole. They come already assembled and are designed to handle heavy loads.
  • Drop-In Anchors: Multi-Set Drop-In Anchors are specifically created for concrete anchoring, featuring internal machine screw threading and an expansion cone insert. The necessary setting tool pushes the cone to widen the anchor within the hole. Anchors flush with the material's surface have lips that mount on them.
  • Hollow Wall/ Hollow Wall Drive Anchors: These sleeve-type anchors are frequently utilized to attach fixtures to hollow walls such as drywall and wood paneling, providing superior holding power compared to nails and screws. The prongs located beneath the flange penetrate the mounting surface to stop the anchor from rotating while tightening the screw that comes with it. Metal strips flare up inside the wall to secure the anchor in position.
  • Acorn Nut Sleeve Anchors: Sleeve Anchors, such as Acorn and Hex Nut, Flat, and Round Head varieties, are utilized for concrete and masonry projects. A hole of the same diameter as the anchor must be pre-drilled before installation. When the nut or screw is tightened, an internal device expands the sleeve inside, causing it to grip the hole firmly.
  • Hammer Drive Mushroom Head Anchors: These anchors are designed for permanent installation in concrete, block, brick, and stone and are resistant to tampering. Push the central pin in to widen the body and secure it in position.
  • Hammer Drive Flat Head Anchors: These anchors are designed for permanent installation in concrete, block, brick, and stone and are resistant to tampering. Push the central pin all the way in to widen the body and secure it in position. Avoid using Hammer-Drive Anchors for installations above your head. They are more efficient with a hammer stroke and are more reliable.
  • Concrete Screws: Secure Tapcon Masonry Screws tightly in concrete, brick, and block. This anchor for masonry creates threads in a pilot hole that has already been drilled.

Application Insights:

  • Building and Construction: Construction is a complicated and detailed procedure. Fasteners are essential for all buildings and infrastructure's stability, safety, and functionality. Fasteners are vital components in construction sites globally, used for securing beams and connecting critical elements such as roofs to walls. These tiny hardware items create an important connection between two fixtures or materials during construction.
  • Electrical Industry: Anchor bolts are used in industrial settings to fasten heavy machinery to concrete surfaces or platforms to ensure safety and mechanical support. These bolts inhibit both movement and vibration. This aids in guaranteeing secure operation and averting harm to the equipment and nearby buildings. Anchor bolts offer significant benefits for securing equipment and ensuring smooth operations in factories, storage facilities, and shipping centers.
  • Automotive Industry: Nuts, bolts, and washers are typical automobile fastening components. Nuts utilize internal female threading to fasten bolts and screws to a designated surface. Bolts, which have heads, are threaded rods and pins used in wheel production. Car washers are usually tiny, flat, circular pieces with openings in the middle. They secure multiple automotive fasteners to avoid leaks, evenly distribute pressure, and ensure secure radiators.
  • Mechanical and Infrastructure Industries: In most cases, mechanical anchors are employed to secure components to the primary structural concrete, such as beams, columns, and slabs. Mechanical metal fasteners are installed after placing them into holes pre-drilled in concrete, where friction or mechanical interlock secure them.

Regional Insights

  • North America: The North American Anchor Fastener market is propelled by modern infrastructure, favorable policies, and a significant emphasis on concrete and mechanic stability. The United States and Canada are the leaders in adoption, focusing on the demand for the product used in construction and other industries, Anchor Mechanism integration, and the use of AI in 3D printing anchors.
  • Asia Pacific: The Asia Pacific area is poised for solid expansion in the Anchor Fastner market, owing to rising energy consumption, rapid urbanization, and increased use of mechanical and automotive products. Government measures to modernize electrical systems and increase dependability are critical.
  • Europe: Europe is on track to become the world’s largest Anchor Fastener market, powered by ambitious structural bondage objectives and severe decarbonization aspirations. The region has a strong infrastructure and automotive and aerospace needs.
  • Latin America: The market in Latin America is predicted to rise gradually, driven by increased components usage, particularly screws and anchor heads, as well as initiatives to modernize metallic infrastructure. The region aims to improve grid stability, reduce power outages, and increase product efficiency through demand-side management.
  • Middle East and Africa: This region is seeing increased interest in the Anchor fastener Market due to high demand, particularly in countries with high infrastructural objectives and needing more excellent grid stability. These are viewed as a solution for managing peak demand in fast-developing urban regions while supporting rural electrification efforts.

Anchor Fasteners Market Report Scope:

Attribute

Details

Market Size 2024

USD 13.9 Billion 

Projected Market Size 2034

USD 24.9 Billion

CAGR Growth Rate

6.1%

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Product Type-Mechanical Anchors and Adhesives Anchors)

By Fastener Type- Hammer Drive Anchors, Toggle Wing Bolts, Plastic Anchors, Wedge Anchors, Flat Head Sleeve Anchors, Hex Nut Sleeve Anchors, Drop-In Anchors, Hollow Wall/ Hollow Wall Drive Anchors, Acorn Nut Sleeve Anchors, Hammer Drive Mushroom Head Anchors, Hammer Drive Flat Head Anchors, and Concrete Screws

By Application- Building and Construction, Electronic Industry, Automotive Industry, and Mechanical and Infrastructure Industries.

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study segmented the target market report based on Product Type, Fastener Type, Application, and Region.

Segmentation:

By Product Type:

  • Mechanical Fasteners
  • Adhesive Fasteners

By Fastener Type:

  • Hammer Drive Anchors
  • Toggle Wing Bolts
  • Plastic Anchors
  • Wedge Anchors
  • Flat Head Sleeve Anchors
  • Hex Nut Sleeve Anchors
  • Drop-In Anchors
  • Hollow Wall/ Hollow Wall Drive Anchors
  • Acorn Nut Sleeve Anchors
  • Hammer Drive Mushroom Head Anchors
  • Hammer Drive Flat Head Anchors
  • Concrete Screws

By Application:

  • Building and Construction
  • Electronic Industry
  • Automotive Industry
  • Mechanical and Infrastructure Industries

By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Global Anchor Fasteners Market By Key Players

Key players in the anchor fasteners market include Structural Bolt and Manufacturing, Inc., UNIQUE FASTNERS, ARGIP Sp. z o. o, Powers Fasteners, Inc., Pacific Bolt Manufacturing Ltd., Classic Metallic Sheets Factory LLC., BTM Manufacturing, Inc., EDSCO Fasteners Inc., Allfasteners Pty Ltd., and Technical Metal, Inc.

Global Anchor Fasteners Market By Key Issues Addressed

  • In February 2021, Stanley Black & Decker, a global provider of hand and power tools and other products for myriad business and consumer applications, established the Stanley + Techstars Accelerator to support startups developing solutions for artificial intelligence (AI) in advanced manufacturing, additive manufacturing, and sustainable packaging to help manufacturers make measurable progress on their environmental, social and governance (ESG) goals.

Global Anchor Fasteners Market By Company Profile

  • Structural Bolt and Manufacturing, Inc.*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • UNIQUE FASTNERS
  • ARGIP Sp. z o. o
  • Powers Fasteners, Inc.
  • Pacific Bolt Manufacturing Ltd.
  • Classic Metallic Sheets Factory LLC.
  • BTM Manufacturing, Inc.
  • EDSCO Fasteners Inc.
  • Allfasteners Pty Ltd.
  • Technical Metal, Inc.

“*” marked represents similar segmentation in other categories in the respective section.

Global Anchor Fasteners Market By Table of Contents

Research Objective and Assumption

  • Research Objectives
  • Assumptions
  • Abbreviations

Market Preview

  • Report Description
    • Market Definition and Scope
  • Executive Summary
    • Market Snippet, By Product Type
    • Market Snippet, By Fastner Type
    • Market Snippet, By Application
    • Market Snippet, By Region
  • Opportunity Map Analysis

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restraints
    • Market Opportunities
  • Market Trends
  • Product Launch
  • Merger and Acquisitions
  • Impact Analysis
  • PEST Analysis
  • Porter’s Analysis

Market Segmentation, Product Type, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Mechanical Fasteners
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Adhesive Fasteners
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, Fastener Type, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Hammer Drive Anchors
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Toggle Wing Bolts
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Plastic Anchors
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Wedge anchors
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Flat Head Sleeve Anchors
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Hex Nut Sleeve Anchors
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Drop-In Anchors
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Hollow wall drive Anchors
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Acorn Nut Sleeve Anchors
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Hammer Drive Mushroom Head Anchors
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Hammer Drive Flat Head Anchors
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Concrete Screws
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, Application, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Building and construction
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Electronic Industry
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Automotive Industry
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Mechanical and infrastructure industries
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By Region, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (USD Bn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Fastener Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • U.S
      • Canada
  • Asia Pacific
    • Market Size and Forecast (USD Bn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Fastener Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Europe
    • Market Size and Forecast (USD Bn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Fastener Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • UK
      • Germany
      • France
      • Russia
      • Italy
      • Rest of Europe
  • Latin America
    • Market Size and Forecast (USD Bn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Fastener Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • Brazil
      • Mexico
      • Rest of Latin America
  • Middle East and Africa
    • Market Size and Forecast (USD Bn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Fastener Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East and Africa

Competitive Landscape

  • Heat Map Analysis
  • Company Profiles
  • Structural Bolt and Manufacturing Inc.
  • UNIQUE FASTNERS
  • ARGIP Sp. z o. o
  • Powers Fasteners, Inc.
  • Pacific Bolt Manufacturing Ltd.
  • Classic Metallic Sheets Factory LLC.
  • BTM Manufacturing, Inc.
  • EDSCO Fasteners Inc.
  • Allfasteners Pty Ltd.
  • Technical Metal, Inc.

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

Anchor Fasteners Market Size was valued at USD 13.9 Billion in 2024 and is expected to reach USD 24.9 Billion by 2034, growing at a CAGR of 6.1%

What are the key segments of the Anchor Fasteners Market research report?

Factors driving the market include growth in construction and infrastructure projects and utilization in automotive and aerospace industries,

The Anchor Fasteners Market's restraints include economic factors, regulatory challenges, and alternative substitutes.

The Anchor Fasteners Market is segmented by region into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. North America is expected to dominate the Market.

Key players in the anchor fasteners market include Structural Bolt and Manufacturing, Inc., UNIQUE FASTNERS, ARGIP Sp. z o. o, Powers Fasteners, Inc., Pacific Bolt Manufacturing Ltd., Classic Metallic Sheets Factory LLC., BTM Manufacturing, Inc., EDSCO Fasteners Inc., Allfasteners Pty Ltd., and Technical Metal, Inc.