Structural Wood Screws Market Size - By Type (Stainless Steel, Carbon Steel), By Application (Construction, Furniture and Craft, Others), Regional Outlook & Global Forecast, 2024 - 2032

Structural Wood Screws Market Size - By Type (Stainless Steel, Carbon Steel), By Application (Construction, Furniture and Craft, Others), Regional Outlook & Global Forecast, 2024 - 2032

Structural Wood Screws Market size is projected to expand at 6.1% CAGR from 2024 to 2032. The increasing demand for sustainable and environmentally friendly construction materials is leading to the rise in the adoption of wood as a primary building material. To that end, structural wood screws have grown largely popular as they offer superior holding power and durability compared to traditional fastening methods

Of late, the advancements in screw design and technology have improved their efficiency and versatility, making them more attractive to construction professionals. The growing construction industry, particularly in residential and commercial sectors is accelerating the appeal for structural wood screws to provide strong and reliable connections for various applications.

As per the Associated General Contractors of America, the construction industry of U.S. creates around $2.1 trillion worth of structures each year. The increasing number of skyscrapers, buildings and other establishment will also generate the demand for structural wood screws on a large scale.

The industry is segregated into material, application, and region.

Based on type, the structural wood screws market value from the carbon steel segment is estimated to expand at 6.2% growth rate between 2024 and 2032, owing to their strength, durability, and cost-effectiveness. Carbon steel screws offer high tensile strength and corrosion resistance, making them ideal for structural applications. Significant advancements in manufacturing processes are enhancing the quality and performance of carbon steel screws. The growing construction activities and infrastructure development projects globally are also driving the product demand.

Structural wood screws industry from the furniture and craft application segment will grow at 6.2% CAGR from 2024 to 2032. The rising demand for customized and artisanal furniture is driving the need for reliable fastening solutions. Structural wood screws offer secure and sturdy connections while meeting the requirements of intricate furniture designs. The growing DIY culture and increasing interest in woodworking hobbies is also pushing the segment growth.

Regionally, the Asia Pacific structural wood screws industry is expected to depict 6.2% gains by 2032, on account of the rapid urbanization and infrastructure development projects across countries like China, India, and Southeast Asian nations. The flourishing furniture manufacturing sector and the growing popularity of DIY woodworking activities are driving the product appeal. The increasing awareness of sustainable building practices is fueling the adoption of wood as a primary construction material, boosting the demand for structural wood screws in the region.