Global Wood Construction Screws Market Overview
According to Global Market Monitor, the global wood construction screw market size is $1179.23 million in 2024 and is expected to grow to $1354.26 million by 2029.Wood screws are specifically designed for connecting wood to wood. Available with flat, pan, or oval heads, wood screw generally has a partially unthreaded shank below the head.
The sustained economic development of developing countries has promoted the improvement of infrastructure construction. At the same time, governments of various countries have also formulated favorable plans for the development of regional infrastructure, and investments in the construction and manufacturing industries are also increasing. In addition, economic growth, population increase, urbanization, and industrialization are accelerating, and social infrastructure, hospitals, schools, and residential buildings in emerging economies are developing rapidly. The rapid development of these residential and non-residential buildings will promote the demand for wood screws.
Application Fields
The construction segment held a dominant position in the market with a 79.98% market share in 2024. The booming commercial, residential, and retail sectors worldwide are driving the growth of the construction market. In addition, the surge in investment by different governments in their respective construction sectors is expected to boost global construction activity. Structural screws are chosen for new residential and commercial building projects because they offer a long-term solution for wood frames. The product is made of stainless steel, resistant to corrosion, and able to maintain its original condition for a long time. Although relatively expensive due to its built-in characteristics, the increase in consumer disposable income and people's living standards has further increased the demand for wood structure screws.
The Wood Construction Screws market covers Carbon Steel, Stainless Steel, Brass, etc. The typical players include Wurth Group, SFS Group, Simpson Strong-Tie, HECO-Schrauben, Fischer, SPAX, GripRite, Rothoblaas, etc.Wurth Group is one of the major players operating in the Wood Construction Screw market, holding a share of 8.91% in 2024.Wurth Group retails industrial parts and products. The Company offers automotive, cargo, body shop, motorcycle, electrical, fluid power, tools, vending, and related products. Wurth Group of North America serves customers in the United States.
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Company Name |
Wurth Group |
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Website |
www.wurthusa.com |
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Established Time |
1969 |
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Plants Distribution |
Mainly in North America |
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Sales Region |
Worldwide |
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