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Structural Wood Screws Market Trends

  • Report ID: GMI5622
  • Published Date: Mar 2024
  • Report Format: PDF

Structural Wood Screws Market Trends

The growing use of engineered wood products, such as laminated veneer lumber (LVL) and glued laminated timber (glulam), has led to an increased demand for structural wood screws. These screws are designed to provide secure and durable connections in engineered wood structures. Ongoing research and development efforts focus on enhancing structural wood screws through improved designs and coatings. Innovations in thread patterns, point geometries, and corrosion-resistant coatings contribute to increased durability, ease of installation, and overall performance.

The rise of prefabrication and modular construction methods has led to an increased demand for efficient and reliable fastening solutions. Structural wood screws play a crucial role in connecting prefabricated and modular components, offering time and cost savings during construction. In regions prone to seismic activity, there is a heightened emphasis on constructing buildings with enhanced seismic resilience. Structural wood screws that provide secure connections and withstand lateral forces contribute to the safety and stability of structures in seismic zones.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of structural wood screws was reached USD 5 billion in 2023 and is estimated to register a CAGR of over 6.1% between 2024 and 2032, backed by rapid urbanization and expansion in residential and commercial construction.

Stainless steel segment was worth USD 3 billion in 2023 and will continue to gain traction through 2032, favored by its exceptional corrosion resistance.

North America structural wood screws market size surpassed USD 1 billion in 2023 and is poised for significant expansion through 2032, propelled by the robust and continuously growing construction in the region, favoring the demand for reliable and durable fastening solutions.

Big Timber, Camo Fasteners, Eurotec GmbH, Fast Cap,Fasten Masters, Fischer, Forch, GRABBER Construction Products, Grip-rite, GRK Fasteners, HECO-Schrauben, Hillman, Kreg, KYOCERA SENCO, and MITEK Inc.s

Structural Wood Screws Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 25
  • Countries covered: 23
  • Pages: 287
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