The U.S. carbon steel wood screws market size was valued at $262.4 million in 2023 and is projected to reach $385.1 million by 2033, registering a CAGR of 3.8% from 2024 to 2033.
Report Key Highlighters
- The U.S. carbon steel wood screw market has been analyzed across the U.S. The analysis includes breakdown analysis in terms of value ($million) available from 2023 to 2033.
- The research combined high-quality data, professional opinion and research, with significant independent opinion. The research methodology aims to provide a balanced view of the global market, and help stakeholders make educated decisions to achieve ambitious growth objectives.
- The research reviewed more than 3,700 product catalogs, annual reports, industry descriptions, and other comparable resources from leading industry players to gain a better understanding of the market.
- The U.S. carbon steel wood screw market share is marginally fragmented, with players such as Illinois Tool Works, Inc., Steel Partners Holdings LP, Simpson Manufacturing Co., Inc., ALTENLOH, BRINCK and CO. US, Inc., Kreg Tool Company, Hillman Solutions Corp., Prime Source Building Products, Inc., Kyocera Senco Industrial Tools, Inc., National Nail (CAMO Fasteners), and SFS Group AG.
Carbon steel wood screws are especially developed for connecting and fastening big and small pieces of wood in construction applications, as well as other applications that need wood-to-wood joining, such as furniture and wooden display pieces. They are widely utilized in woodworking, construction, fencing, and various applications. Wood screws are primarily utilized to securely connect wooden materials. They are compatible with chipboard, MDF, softwood, and hardwood. Numerous wood screw options are available, each equipped with unique features such as shanks to prevent wood splintering, twin threads for efficient driving, and tips that eliminate the need for pre-drilling holes. Wood screws are purchased in various drive types and head shapes. Among them, the Pozidriv and countersunk head variations are particularly favored.
The U.S. carbon steel wood screw market is segmented on the basis of sales, and application. Depending upon the sales, the market is categorized into offline, and online. On the basis of application, it is divided into construction, furniture, and others.
By Sales
The online segment is projected to grow at a significant CAGR during the forecast period.
Rise in demand for wood in construction
Wood is highly favored for constructing low-rise, detached, semi-ditched houses, and other small-scale housing projects owing to its lightweight nature and impressive tensile strength compared to steel and other metals. In addition, wood is valued for its aesthetic appeal, being considered a premium material. Its porous nature also makes it an excellent insulator, reducing heat transfer and increasing energy efficiency. Furthermore, wood's ability to absorb sound waves helps minimize echoes in residential and commercial spaces. As an illustration, approximately one-third of the lumber used in the U.S. is dedicated to the construction industry.
Furthermore, as stated by the USDA Forest Service in Forestry, an increase in the GDP of the U.S. above 2.0% is expected to result in a surge in the demand for wood. The construction sector, in particular, heavily relies on wood for building houses. In addition, the U.S. Bureau of Labor Statistics (BLS) forecasts an average annual economic growth rate of 2.1% from 2021 to 2031. Considering these two factors together, it is evident that there will be a notable escalation in the demand for wood in the construction industry in the upcoming years. The building code revisions are anticipated to have a significant impact on the rise in demand for mass timber products, specifically Cross-Laminated Timber (CLT). Carbon steel wood screws are an integral component of wood-based construction projects, which has consequently fueled the growth of the market.
Increased in building renovation and improvement activities
Over time, the wear and tear on wooden structures, including housing units with wooden flooring, ceiling, and other components, inevitably leads to the need for repair and renovation. This is evident in the statistics provided by the United States Census Bureau, which states that approximately 56% of houses in the U.S. underwent renovations between 2020 and 2023. During this period, the average expenditure by a U.S. citizen on flooring, paneling, and ceiling tiles amounted to $2,000. These figures highlight the significant demand for carbon steel screws, as they play a crucial role in ensuring secure and durable repairs for flooring and other structural elements in houses. In addition, it is worth noting that over 504,000 housing units required repairs owing to tornado damage during the same period. The growing trend of building renovation and improvement activities has consequently fueled the market for carbon steel screws in the U.S.
Superiority of carbon steel wood screws
Screws play a crucial role in wood construction, facilitating connections between wood-to-wood. Carbon steel wood screws are favored in wood-related projects owing to their extended length and superior strength derived from materials such as carbon steel. On the other hand, unlike bolts, nuts, dowels, and lag screws, carbon steel wood screws offer a user-friendly experience. It is easily driven into wood using a power drill or screwdriver without the need for a predrilled hole. Moreover, when compared to the pocket hole joinery method, carbon steel wood screws provide quicker and more durable joints. In addition, these screws can be removed unlike adhesive. Furthermore, the wider and stronger threads of carbon steel wood screws reduce the risk of slippage. These advantages have significantly contributed to the market growth of carbon steel wood screws.
By Application
The Construction segment is expected to hold a majority share of the market throughout the study period
Competitive Analysis
Competitive analysis and profiles of the major global U.S. carbon steel wood screw market players that have been provided in the report include Illinois Tool Works, Inc., Steel Partners Holdings LP, Simpson Manufacturing Co., Inc., ALTENLOH, BRINCK and CO. US, Inc., Kreg Tool Company, Hillman Solutions Corp., Prime Source Building Products, Inc., Kyocera Senco Industrial Tools, Inc., National Nail (CAMO Fasteners), and SFS Group AG.
Top Impacting Factors
Carbon steel wood screws are known for their impressive load-bearing and tensile strengths, making them perfect for heavy-duty tasks that require secure and durable connections. Compared to stainless steel screws, carbon steel screws are a more budget-friendly option, which is one of the reasons why they are widely used in construction projects.
KEY BENEFITS FOR STAKEHOLDERS
- This study comprises analytical depiction of the global U.S. carbon steel wood screw market size along with the current trends and future estimations to depict the imminent investment pockets.
- The overall U.S. carbon steel wood screw market analysis is determined to understand the profitable trends to gain a stronger foothold.
- The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
- The current global U.S. carbon steel wood screw market forecast is quantitatively analyzed from 2024 to 2033 to benchmark the financial competency.
- Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the U.S. carbon steel wood screw market.
- The report includes the market share of key vendors and the U.S. carbon steel wood screw market.
U.S. Carbon Steel Wood Screw Market Report Highlights
| Aspects | Details |
 By Sales |
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 By Application |
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 Key Market Players | LS Cable & System, Ltd., Legrand Group, L&T Electrical & Automation, Powell Industries Inc, Siemens AG, Godrej & Boyce Mfg. Co. Ltd., Avail Infrastructure Solutions, General Electric company, IES Holdings, Inc., Eaton Corporation plc, Schneider Electric, ABB, Ltd., Crown Electric Engineering and Manufacturing LLC, Vertiv Group Corp., Myers Power Products, Inc., Saint-Augustin Canada Electric Inc. (STACE) |
Analyst Review
The utilization of wood in numerous construction projects makes the construction industry a crucial driver for the demand and creation of carbon steel wood screws. These screws are essential in maintaining the structural integrity, stability, and durability of wooden components in a wide range of constructions, including residential buildings, commercial structures, infrastructure developments, and renovation projects.
Furthermore, progress in construction methods and technologies has resulted in the creation of cutting-edge building systems and designs that heavily utilize wood as a main structural component. This shift, combined with the growing focus on sustainable and environmentally friendly building practices, continues to drive the need for carbon steel wood screws as construction professionals look for dependable and eco-conscious fastening options. Moreover, the construction sector's dependence on wood as a flexible and eco-friendly building material, along with the exceptional strength and longevity of carbon steel wood screws, presents numerous prospects for development and advancement in the fastener industry. With the ongoing increase in construction projects, there will be a corresponding surge in the need for top-notch fasteners that can address the specific demands and complexities of contemporary construction endeavors.
Furthermore, the offline sector offers numerous chances for carbon steel wood screws, driving progress and development within the woodworking field. Within traditional retail locations such as hardware stores, home improvement centers, and specialty woodworking shops, the availability of carbon steel wood screws opens up opportunities for enhanced exposure, convenience, and customer interaction. Offline channels enable the prompt availability of carbon steel wood screws, eliminating the necessity for shipping lead times and guaranteeing the swift fulfillment of customer orders. This convenience holds significant value, especially for contractors, builders, and DIY enthusiasts who require quick access to materials in order to maintain the progress of their projects on schedule.
Industries such as furniture manufacturing, cabinetry, and woodworking crafts rely heavily on carbon steel wood screws for assembly and construction purposes. As these industries continue to innovate and expand, there's a constant demand for high-quality screws that offer strength, precision, and ease of use. Wooden constructions including bridges, boardwalks, and retaining walls are essential components of numerous infrastructure projects. Carbon steel wood screws play a vital role in the construction and upkeep of these structures, offering a dependable fastening solution capable of enduring environmental elements and substantial loads throughout their lifespan. As aging buildings undergo refurbishment and reconstruction, there arises a requirement for fasteners that can securely fasten new wooden components or strengthen the existing ones. Carbon steel wood screws provide an economical resolution for contractors and homeowners seeking to improve or augment the structural stability of constructions while ensuring compatibility with the current materials.
The global plastic extrusion machines market was valued at $385.1 million by 2033, registering a CAGR of 3.8% from 2024 to 2033.
The forecast period in the U.S carbon steel wood screw market report is 2024 to 2033.
The base year calculated in the U.S carbon steel wood screw market report is 2023.
The top companies analyzed for U.S carbon steel wood screw market are Illinois Tool Works, Inc., Steel Partners Holdings LP, Simpson Manufacturing Co., Inc., ALTENLOH, BRINCK and CO. US, Inc., Kreg Tool Company, Hillman Solutions Corp., Prime Source Building Products, Inc., Kyocera Senco Industrial Tools, Inc., National Nail (CAMO Fasteners), and SFS Group AG.
The offline segment is the most influential segment in the U.S carbon steel wood screw market.
The construction segment holds the maximum market share of the U.S carbon steel wood screw market.
The company profile has been selected on the basis of revenue, product offerings, and market penetration.?
The market value of the U.S carbon steel wood screw market in 2023 was $262.4 million
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