April 15, 2022 03:33 ET | Source: Stratview Research Stratview Research
Raipur, April 15, 2022 (GLOBE NEWSWIRE) -- Stratview Research, a leading market research firm has launched a report on the Mechanical Anchor Market which provides an in-depth analysis of the market dynamics, current and emerging trends, industry forecast, and competitive landscape.
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How is the Report Helpful?
The report has a very high utility for the key decision-makers and strategists in terms of accurate market insights, future growth opportunities, and key success factors.
Most importantly, the report analyses the possible impact of COVID-19 on the market dynamics which offers cushioning against the uncertain business environment and helps in streamlining the resources and investment decisions in a fruitful manner.
Stratview Research has segmented the market in the following 4 ways which fulfill the market data needs of multiple stakeholders across the industry value chain.
View the Report Scope and Table of Contents:
https://www.stratviewresearch.com/toc/1978/mechanical-anchor-market.html
Product Type Based on the product type, the expansion anchor is expected to remain the largest as well as the fastest-growing product type in the market during the forecast period, owing to increasing demand from various applications coupled with an expected recovery in the construction industry.
Substrate Type Based on the substrate type, Concrete is expected to remain the dominant substrate type in the market during the forecast period. Concrete is the most commonly used construction material as it poses high compressive strength.
Regional Analysis In terms of regions, Europe is expected to remain the largest market for mechanical anchors during the forecast period.
COVID-19 Impact on the Mechanical Anchor Market
In 2020, the sudden outburst of the COVID-19 pandemic hit hard the construction industry. Supply chain sabotage, halt in infrastructure and commercial projects, lockdown across the world, and employee layoffs were some of the major consequences of the Covid-19 witnessed across the industry. The mechanical anchor market was no exception to it and logged a massive decline of -7.4% in 2020 amid the pandemic, quite aligned with the decline in the construction industry.
To know more about the covid-19 impact, get a free sample report, here.
Who are the Top Market Players?
After a thorough analysis of the market, the experts have listed few key players and discussed the company profiles of the below-given players -
What deliverables will you get in this report?
Related reports which might be useful: Anchors Market Size and forecast
Chemical Anchor Market Size, trend, and forecast.
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