According to the latest research report from Global Market Insights Inc., the structural wood screw market is expected to be valued at more than $7.5 billion by 2032.

The growth of the industry is driven by the increased demand for these screws in construction and home improvement projects. The expansion of the construction industry has led to the widespread use of these screws for framing, terraces and other structural applications. In addition, DIY projects are becoming more popular among homeowners and could drive business expansion. As more and more people engage in DIY to save money and customize their own homes, this will also further promote the growth of structural wood screws demand.

Due to the booming construction industry in emerging countries, as well as the increasing public awareness of the advantages of utilizing high-quality building materials, the carbon steel structural wood screws market will gain significant traction from 2023 to 2032. Carbon steel screws are ideal for construction projects due to their high tensile durability and robustness. In addition, they are not easily corroded and rusted, which also increases their service life and helps improve their acceptance.

With more and more manufacturers and DIY enthusiasts using these screws in their projects, the structural wood screw market has been steadily growing in furniture and craft applications. One of the main benefits of structural wood screws is their ability to withstand heavy loads, making them ideal for use in furniture where weight and pressure need to be taken into account. Structural wood screws are also used in arts and crafts to make picture frames and bird's nests.

The structural wood screw industry in Europe will see substantial growth by 2032, as more and more buildings choose wood construction. Due to the increasing emphasis on reducing the carbon footprint, there is a growing tendency to use wood structures instead of concrete and steel. In addition, as the demand for wood structures continues to grow, the regional market is set to grow significantly by 2032.