Wood construction screws are specially designed for joining wood, with a flat head, pan head or oval head. Under its head there is usually a part of unthreaded shank, and further down are sharp-edged, hardened threads that can be easily screwed into the wood, serving to hold the parts together, and also increase the durability of each connected part.
Generally speaking, there are three main materials used as wood construction screws: one is carbon steel, which is a special type of steel with a higher carbon content than other types of steel. Therefore, compared with stainless steel, carbon steel screws are generally stronger. The second is stainless steel, which is an alloy of low carbon steel and chromium with highly resistance to corrosion, so it will not lose this corrosion resistance even if it is scratched during installation or use. The last one is brass, which is mainly an alloy of copper and zinc with good corrosion resistance and electrical conductivity. However, due to its relatively soft material, it is less suitable to be used as a fastener, so it is mainly used for appearance. In daily life, stainless steel screws are the most common in the market, commonly used to resist severe corrosion or high-strength environments, with a market share of 64.98% in 2019.
Wood construction screws are used in a wide range of applications, especially in the construction and furniture industries. Almost everything in construction is now held together with screws, with a large number of options available to the user, although more people are using stainless steel screws that include a head and tips at both ends, connected by a threaded shaft that is inserted into the construction material. Wood construction screws are also used in furniture manufacturing, including the production of cabinets, chairs, tables, beds, and almost any type of furniture. Usually, it is required in conjunction with other furniture fasteners, such as cross pins, insertion nuts or their matching furniture connector caps. Construction is the most widely used market for wood construction screws, accounting for 79.36% of the market share in 2019.
Prospect Analysis of Wood Construction Screw Industry in Various Regions
The Americas is the largest revenue market, with a market share of 35.28% in 2015 and a market share of 34.69% in 2020, a decrease of 0.59%. The region has maintained a leading position in high-quality wood construction screws because it has two developed countries, the United States and Canada, with the advantages of capital, technology and human resources, and a long-term commitment to the development of new products. With the growing demand of recent industry for wood construction screws, especially the high-rise construction industry, the wood screws in the United States have improved to the world\'s leading level. In terms of performance, it further meets the requirements of anti-corrosion, anti-loosening, shockproof, high life, high reliability, high precision, light quality, thus further expands its use, which is conducive to the sustainable development of the industry.
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Asia Pacific ranked second with a 30.95% market share in 2019. The continued economic development of various emerging developing countries in the region, mainly China, has contributed to the improvement of infrastructure development. At the same time, governments are also making good plans for the development of regional infrastructure, and investing more in the construction and manufacturing industries. In addition, the accelerated urbanization and industrialization of emerging economies will lead to rapid development of hospitals, schools and residential construction, promoting the demand for wood construction screws.
Stainless steel wood construction screws occupy the main market, but its price is easily affected by various factors. In addition, the epidemic has severely affected the global stainless steel industry. During the delay period and a period of time after the resumption of work, affected by the epidemic, stainless steel prices may show a pattern of weak supply and demand. In the production process of wood construction screws, raw materials account for a large proportion, which brings uncertainty to the production of wood structure screws. The value of the global wood construction screw market in 2020 will fall from 105.37 M USD in 2019 to 943.9 M USD.
Wood construction screws companies are mainly from Europe; the industry concentrate rate is very low. The top three companies are Wurth Group, SFS Group and Simpson Strong-Tie with the revenue market share of 6.76%, 4.80% and 4.78% in 2019.
The Application of Modern Balsa Wood Structure is Beneficial to Promote the Development of Wood Construction Screw Market
Wood construction screws are widely used in sheet metal, furniture products, house decoration, wall panels, decks, engineering construction, water conservancy projects and other fields, with large market demand. In addition, because some wood construction screws should remain exposed after assembly, manufacturers coat their surfaces to prevent corrosion and some are also equipped with decorative heads and finishes, making wood construction screws more and more consumers Ideal choice.
The main materials for building structures are energy-consuming materials such as concrete, steel, and masonry. In recent years, society\'s environmental requirements have become increasingly stringent, so it has forced countries to look for more energy-efficient and environmentally friendly building materials. In the West, many countries have gradually developed a modern light wood structural system, which has become the main form of construction for residential buildings, and it can also be used for large commercial and public buildings. Modern light wood structure system buildings are widely used to connect with wood construction screws, which creates good conditions for the development of wood construction screws market.
According to our research, the global wood construction screws market sales totaled USD 1,007.6 million in 2015 and grew to USD 1,095.37 million in 2019. The global wood construction screws market is expected to witness moderate growth during the forecast period owing to the growing global economy, continuous progress in the construction industry, and wider application of its products. We predict that by 2025 the market value of wood structure screws will reach 1184.17 M USD. The compound annual growth rate of it from 2020 to 2025 is 4.64%.
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