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Upcoming Allied Market Research
2022
Facade Anchor Systems Market

Facade Anchor Systems Market by Component Type (Brackets, Fasteners, Anchors, and Others), Application Type (Masonry Façade, Metal Cladding, Curtain wall, Stone Facade, and Others), Material Type (Metal and Plastic), and End-user Industry (Residential & Commercial Buildings and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

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Jul 2022 | 146 Views
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COVID-19

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The global facade anchor systems market is experiencing significant growth and is expected to grow considerably in next few years. A facade is a building component that is installed on the exterior face of a building. It is one of the most important building components that improves the exterior elegance of the building. In addition to this, it improves the energy efficiency of the building by keeping the harsh radiations of the sun out of the building. Furthermore, different types of façades require different types of anchor systems, such as; metal cladding anchorage system and masonry wall façade anchorage system. In addition, facade anchor system includes brackets and fasteners. These anchors are used by the residential and commercial buildings construction sites. Moreover, these are very common and are easily available with hardware shops and major players in the facade anchor systems industry adopt advanced technologies to increase the strength and durability of the products to sustain the competition in the facade anchor systems market. .

Market Scope and Structure Analysis

Description

A facade anchor is designed to secure a facade to the concrete and masonry substrate of a building. Façade anchors include a wide range of bars and brackets to support a wide variety of facade and finishes. These systems are lightweight and manufactured with aluminum, steel or with other high yield metal. 

Report Metric

Details

Market Size Available for Years

 2020–2030

  Base Year Considered

  2020

 Forecast Period

  2021–2030

  Forecast Unit

  Value (USD)

  Segments Covered

Component Type, Application Type, Material Type, End-user Industry, and Region

  Companies Covered

WireBond, Heckmann Building products Inc., Hohmann & Barnard, Inc., Gridworx Ltd., Knight Wall Systems, EJOT Holding GmbH & Co. KG, KEIL Befestigungstechnik GmbH, Monarch Metal Inc., Halfen, Fischer Group of Companies, Hilti Group, Simpson Strong Tie Co Inc.

 

COVID-19 Impact analysis

  • The COVID-19 pandemic ceased the production of various products in the facade anchor systems industry, which is attributed to the global lockdown. This has hampered the growth of facade anchor systems market in the years 2020 and 2021, and a similar trend is expected to be seen in the first half of 2022.
  • The major demand for facade anchor systems was previously noticed from giant developed and developing countries, including the U.S., Germany, Italy, the UK, and China, which are negatively affected by the spread of the coronavirus, thereby declining the demand for facade anchor systems.
  • Further, the long-term impact of the lockdown is currently vague and financial recovery of companies is totally based on their cash reserves. Facade anchor systems manufacturers can afford a lockdown only for a few months, after which the players have to modify their investment plans. For instance, various players in the market halted their production activities for several weeks to reduce their expenses. On the contrary, few players adopted employee lay-offs to sustain themselves during the COVID-19 health crisis.
  • Facade anchor systems manufacturers are expected to focus on protecting their workforce, operations, and supply chains to respond to immediate crises and find new ways of working after COVID-19. For instance, provision of sanitizers, maintaining social distancing, as well as ensuring the vaccination of every employee in the company can assist in promoting the health & safety of the workforce. 

Top Impacting Factors

The rapid rise in urbanization has increased the demand for residential and commercial buildings, thereby boosting the demand for facade anchor system market. Further, a facade helps in making the building energy efficient by preventing solar radiation from reaching into the building and hence reduces the cost of electricity by 5-7 percent. This factor is expected to boost the demand for facades. By installing them, any ordinary building can be shown premium. This is expected to drive facade anchor systems market growth. However, the added cost of installing a facade is deemed unnecessary by many building developers located in developing nations. This is one of the restraining factors hindering the growth of facade anchor systems market. Contrarily, technological development in facade anchor systems products, such as adoption of better grade material for durability and new software for facade anchor designing, is expected to boost the efficiency of the equipment as well as result in lowering the cost of facade anchor systems. This is anticipated to create lucrative opportunities for the growth of facade anchor systems market during the forecast period.

Market Trends

  • New products that contain improved capabilities are launched by leading market players. They take the necessary steps to improve the overall functionality of the products. For instance, in July 2020, the Germany based anchor systems manufacturer, EJOT Holding GmbH & Co. KG launched the CROSSFIX. It is the first stainless steel substructure that can be used for both horizontal and vertical support profiles. The product launch has enhanced the product offerings of the company to sustain the competition in the facade anchor systems market.
  • Similarly, competitors in the facade anchor systems market adopted acquisition as their key developmental strategy to expand their geographical foothold and upgrade their product technologies. For instance, in December 2021, Simpson Manufacturing Co., Inc. a leader in engineered structural connectors and building solutions, announced the submission of a binding offer to acquire the Etanco Group. Etanco is a leading designer, manufacturer, and distributor of fixing and fastening solutions for the building construction market in Europe. The acquisition is set to be completed in first quarter of 2022. This move will assist Sympson in expanding its product portfolio and geographic foothold in Europe.
  • Moreover, business expansion strategies also assist in enhancing the geographic footprint of the company and help in gaining significant market share for facade anchor systems products. For instance, in May 2021, Knight Wall Systems, a building envelope industry rainscreen leader, announced it expanded its fabrication plant in eastern Washington to double its production capacity.

Key Benefits of the Report

  • This study presents the analytical depiction of the facade anchor systems industry along with the current trends and future estimations to determine the future investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the facade anchor systems market share.
  • The current market is quantitatively analyzed from 2020 to 2030 to highlight the facade anchor systems market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed facade anchor systems market analysis based on competitive intensity and how the competition will take shape in coming years.
     

Key Market Segments

Segments Sub-segments
Component Type
  • Brackets
  • Fasteners
  • Anchors
  • Others
Application Type
  • Masonry Façade
  • Metal Cladding
  • Curtain wall
  • Stone Façade
  • Others
Material type
  • Metal
  • Plastic
End-user Industry
  • Residential and Commercial Buildings
  • Others
Region
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa
 
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