Global Screw Fasteners Market Growth 2023-2029

Global Screw Fasteners Market Growth 2023-2029

A screw is a type of fastener, typically made of metal, and characterized by a helical ridge, known as a male thread (external thread) or just thread. A screw is an inclined plane wrapped around a nail. Some screw threads are designed to mate with a complementary thread, known as a female thread (internal thread), often in the form of a nut or an object that has the internal thread formed into it. Other screw threads are designed to cut a helical groove in a softer material as the screw is inserted. A screw will usually have a head on one end that contains a specially formed shape that allows it to be turned, or driven, with a tool.

LPI (LP Information)' newest research report, the “Screw Fasteners Industry Forecast” looks at past sales and reviews total world Screw Fasteners sales in 2022, providing a comprehensive analysis by region and market sector of projected Screw Fasteners sales for 2023 through 2029. With Screw Fasteners sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Screw Fasteners industry.

This Insight Report provides a comprehensive analysis of the global Screw Fasteners landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Screw Fasteners portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Screw Fasteners market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Screw Fasteners and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Screw Fasteners.

The global Screw Fasteners market size is projected to grow from US$ 49780 million in 2022 to US$ 63010 million in 2029; it is expected to grow at a CAGR of 63010 from 2023 to 2029.

China is the largest consumption region, with a consumption market share nearly 40%. North America is the second place consumption region with the consumption market share of about 20%.

There are several manufacturers of Screw Fasteners market, which include Fastenal, KAMAX, etc.

The classification of Screw Fasteners includes External Thread Fasteners, Internal Threaded Fasteners. The proportion of External Thread Fasteners is about 65%, and the proportion of Internal Threaded Fasteners is nearly 35%.

Screw Fasteners are application in automotive, machinery, construction, MRO and other industry. The most proportion of Screw Fasteners is used in automotive, and the market share is over 25% and the proportion of machinery is about 16%.

This report presents a comprehensive overview, market shares, and growth opportunities of Screw Fasteners market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

External Thread Fasteners

Internal Threaded Fasteners

Segmentation by application

Automotive

Machinery

Construction

MRO

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Fastenal

KAMAX

Acument Global Technologies

Dokka Fasteners

Arconic (Alcoa)

Gem-Year

Infasco

Marmon

Stanley Black & Decker

Nucor Fastener

CISER

LISI Group

Sundram Fasteners

TR Fastenings

Shanghai Tianbao Fastener Manufacturing

Cooper & Turner

Ganter

XINXING FASTENERS

ATF

Oglaend System

Nitto Seiko Co., Ltd.

Penn Engineering

Big Bolt Nut

Key Questions Addressed in this Report

What is the 10-year outlook for the global Screw Fasteners market?

What factors are driving Screw Fasteners market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Screw Fasteners market opportunities vary by end market size?

How does Screw Fasteners break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.