![]() ![]() In the U.S., the demand for chemical anchors is expected to increase on account of the growing investments in infrastructure repair and rebuilding. Rising product awareness, coupled with the high consumer spending in the residential sector, is propelling the demand for chemical anchors The rising construction spending, particularly in the emerging economies, is a key factor promoting growth in the chemical anchor industry. However, methacrylates and pure epoxy type anchors are better suited for more demanding applications, including rebar and fractured concrete In terms of resin, unsaturated polyester chemical anchors are primarily used in masonry and uncracked concrete applications. Hilti Group in February 2020 paved the way for IoT to enter into the fasteners market by launching IoT-enabled smart fasteners that identify and document anchors, screws, and bolts installed.Ĭhemical Anchors Market Report Highlightsīy product, capsule adhesive anchors are expected to register the fastest CAGR of 5.0% over the forecast period owing to the increasing use of the product in the infrastructure and commercial segments The use of the Internet of Things (IoT) has enabled companies to harness data in industrial environments, wherein they have started collecting data to understand and improve operational performance. Thereby creating opportunities for a large number of manufacturers who are looking to build long-standing partnerships. However, in the post-pandemic scenario, manufacturers are looking for a diversified supply chain by focusing on raw material procurement from multiple locations. Major manufacturers have long-term tie-ups with key raw material suppliers from the country owing to the low cost and efficient supply chain. The primary raw material used in the manufacturing of chemical anchors is polymer, which is directly being sourced from China. One of the major factors influencing the production is raw material availability, distribution network, and favorable geographical locations. Epoxy is an important component in the chemical anchoring formulation, hence boosting its application as compared to its counterparts. The product provides a fair shelf life and a high level of corrosion resistance that is at par with its counterpart two-component epoxy polyamide coatings. Technological improvements have increased the functioning of the product. Rising demand for chemical anchors across industrial and infrastructure projects owing to their superior performance and durability is expected to propel market growth.įurthermore, the growing demand for anchors that are easy to install and are more efficient and reliable, coupled with the popularity of the technologies used in its production, is driving manufacturers to continuously engage in innovation, requiring them to take the necessary steps to maintain and improve the product standards. The global chemical anchors market size is expected to reach USD 1.20 billion by 2028, expanding at a CAGR of 4.1% from 2020 to 2028. 28, 2021 (GLOBE NEWSWIRE) - The "Global Chemical Anchors Market 2020-2028" report has been added to 's offering. Lastly, these are the only Racks available in the market that have been Seismically Engineered, Tested and Approved under the strict guidelines of California’s OSHPD (Office of Statewide Health Planning and Development) and carry its prestigious OPA (OPM Racks are in review process now).Dublin, Sept. We include, at no additional cost, the Hilti brand KB-TZ ½” x 7” Anchors necessary to secure the racks in place. ![]() ![]() Chains are secured with high quality Quick Release 5/16” Carabiners for ease of changing bottles. We use the heaviest chain in the market at 5/16” Thickness. We make everything in 1/8” or ¼” Hot Rolled P&O Tube Steel. All pieces are heavily coated in a high quality powder coat (as opposed to Spray Paint). We are one of the few that offer mitered full wrap welds by certified welders. We offer a superior product in comparison to our competitors. Our Cylinder Storage Racks are fully made in America with US Steel and Chain, and are Welded and Powder Coated at our facility in Southern California. JT Racking Systems is dedicated to supplying our customers in the Kansas City area with the highest quality Cylinder Storage Racks available. ![]()
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