Structural Wood Screws Market Size

Structural Wood Screws Market Size

Structural Wood Screws Market was valued at USD 5 billion in 2023 and is estimated to exhibit 6.1% CAGR between 2024 and 2032. Wooden screws are suitable alternatives to lag screws. They are heavy-duty fasteners that ensure greater durability as compared to standard screws. Installing these screws is easier because there is no need to first drill a pilot hole.

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Rapid urbanization and expansion in residential and commercial construction is expected to drive the market growth. These products have usage in numerous applications such as wood building, log framing, cabinet construction, and deck construction Innovation in design and in manufacturing processes has contributed to the development of high performing screws with improved strength, durability, and ease of installation, leading to increased usage.

The structural wood screws market has numerous applications including construction, DIY, infrastructure repair and maintenance. The presence of a significant unorganized sector can pose a considerable challenge to quality control and market growth. Low-quality screws have the potential to weaken a building's foundation. Structural wooden screws must be installed with a precise technique for optimal performance. Lack of proper installation and subsequent issues also have the potential to hinder market growth.