Chemical Anchors Market is expected to expand at a CAGR of 4.1% from 2020 to 2028.
Chemical Anchors Industry Overview The global chemical anchors market size was valued at USD 870.8 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 4.1% from 2020 to 2028. The market growth is attributed to the rising demand for the product in the construction industry owing to its superior performance as compared to mechanical anchors. The market growth was dampened in the H1 of 2020 due to the global outbreak of the COVID-19, which lead to the temporary closure of construction projects and other industrial activities across several countries. However, the restart of projects in the second half of 2020 with stricter restrictions and social distancing, as part of the unlock programs by governments, is expected to stabilize the growth of the construction industry. Gather more insights about the market drivers, restrains and growth of the Global Chemical Anchors Market The demand for chemical anchors in the U.S. is ex...