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global facade anchor systems market size was valued at $490.9 million in 2021, and is projected to reach $851.2 million by 2031, growing at a CAGR of 5.7%
PORTLAND, UNITED STATES, UNITED STATES, May 26, 2023 /einpresswire.com / -- The facade anchor systems market is a rapidly growing industry, as buildings increasingly rely on external wall systems and facades to improve the look and feel of their exterior. Facade anchor systems are an essential component of any building's structural integrity, providing an interface between the wall and the building's structure. This market is expected to grow as architects and designers continue to explore the possibilities of creating aesthetically pleasing and structurally sound facades.
According to the report published by Allied Market Research, the global facade anchor systems market was estimated at $490.9 million in 2021 and is expected to hit $851.2 million by 2031, registering a CAGR of 5.7% from 2022 to 2031.
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Facade anchor systems are used in a variety of applications, such as anchoring window frames, curtain walls, and other exterior components. These systems are typically made of stainless steel, aluminum, or other materials that are strong, durable, and able to withstand the elements. Anchors are usually designed to be easily adjustable, allowing for quick and easy installation.
The facade anchor systems market is expected to grow at a steady rate over the next few years due to increasing demand from the construction industry. As new buildings are designed and constructed, architects and designers are increasingly turning to facade anchor systems to provide a secure and aesthetically pleasing exterior. Additionally, the growth of the green building movement has increased demand for energy-efficient and sustainable building materials, which facade anchor systems provide.
The facade anchor systems market is highly competitive, with a variety of global suppliers offering a wide range of products. Companies such as Hilti and Ancon are leading players in the global market, offering a variety of high-quality and innovative products. Other leading players include Simpson Strong-Tie, Wedge Anchor, and Fischer Anchors.
Overall, the facade anchor systems market is expected to experience significant growth over the next few years. As architects and designers continue to explore the possibilities of creating aesthetically pleasing and structurally sound facades, the demand for facade anchor systems is likely to increase. In addition, the increasing demand for energy-efficient and sustainable building materials is expected to drive demand for facade anchor systems, as these products provide a secure and aesthetically pleasing exterior.
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