Global Soil Anchors Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Soil Anchors Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Soil anchor is a kind of anchor traditionally used in soil nail and shotcrete earth retention system. However, these anchors can also be used in any area founded by soil, through which their capacity can be reached. These anchors can run spirally or be driven into the ground by impact. The choice will depend upon the project design and the force-resistance characteristics that are needed.

Market Overview:

The latest research study on the global Soil Anchors market finds that the global Soil Anchors market reached a value of USD 1113.74 million in 2022. It’s expected that the market will achieve USD 1341.53 million by 2028, exhibiting a CAGR of 3.15% during the forecast period.

Market Drivers

Soil Anchors is a multifunctional device for permanently or temporarily fixing, restraining and supporting buildings, engineering slopes and other structures. They come in various sizes and capacities, with a length of up to 70 meters and a capacity of over 3,000 kN. They can be lightweight, corrosion-resistant anchors, and can be installed from the ground manually or using portable equipment, depending on the size and ground conditions. Soil Anchors has enhanced durability, including corrosion resistance, alkali resistance and soil solution resistance, which extends their life and greatly reduces maintenance requirements, thus reducing life cycle costs. These advantages will drive the growth of Soil Anchors industry demand.

Market Development Constraints

Before installing Soil Anchors, it is usually necessary to carry out field analysis to determine the load resistance of soil. Including anchoring depth, soil strength, water content and corrosivity. When appropriate, conduct test installation to determine the best anchorage design or compliance with project specifications. Installation methods vary depending on soil composition and humidity. Ground anchors are usually driven into the ground using a driving rod and an impact hammer. Guide holes are needed in dense soil. After installing the impact driving anchor, usually by rotating it 90 degrees, remove the driving rod and lock the anchor load. For lighter anchors, hand tools are usually sufficient. The installation of Soil Anchors requires labor, so it accounts for a large proportion of the enterprise cost.

Region Overview:

Asia Pacific had the highest growth rate of all regions.

Company Overview:

Shiheng Special Steel Group Co., Ltd, ArcelorMittal SA , Annahuette , Skyline Steel LLC and DYWIDAG-Systems International are the five key players in the global Soil Anchors market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Soil Anchors market in the past 5 years.

Shandong Shiheng Special Steel Group Co. Ltd is a large-scale privately-operated associated enterprise which is located in Feicheng city, Shandong province, China. Also it is a special steel enterprise with the annual gross production of 3.0 million tons integrating coking, sintering, iron-making, steelmaking, rolling mill, power-generation, machinery manufacturing.

ArcelorMittal is the world's leading steel and mining company. Guided by a philosophy to produce safe, sustainable steel, it is the leading supplier of quality steel products in all major markets including automotive, construction, household appliances and packaging. ArcelorMittal is present in 60 countries, has an industrial footprint in 18 countries, around 190 000 employees

Segmentation Overview:

By type, Steel Ground Anchors segment accounted for the largest share of market in 2021.

Application Overview:

By application, the General Security segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Soil Anchors market covered in Chapter 3:

Laigang
Shiheng Special Steel Group Co., Ltd
Swanchor
ArcelorMittal SA
Firep
DYWIDAG-Systems International
Williams Form Engineering Corp.
Allied Bolt Products LLC
Annahuette
BAUER Georgia Foundation Specialists LLC
Shougang changzhi
Skyline Steel LLC
Hayward Baker

In Chapter 4 and Chapter 14.2, on the basis of types, the Soil Anchors market from 2018 to 2029 is primarily split into:

Steel Ground Anchors
Fibreglass (FRP) Ground Anchors
Continuous Strand Type Anchors

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Soil Anchors market from 2018 to 2029 covers:

Temporary Buildings and Structures
General Security
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)