| Product Code: ETC377908 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Indonesia self-drilling screws market, the import trend experienced a decline from 2023 to 2024, with a growth rate of -9.63%. The compound annual growth rate (CAGR) for imports between 2020 and 2024 stood at 0.38%. This downturn in import momentum could be attributed to shifting demand patterns or alterations in trade policies impacting market stability.
Self-drilling screws are widely used in the construction and manufacturing sectors for their convenience and efficiency. The Indonesia Self Drilling Screws market is driven by the need for fastening solutions that save time and labor costs. Market players are focusing on providing a variety of self-drilling screw types to meet the diverse needs of industries. With the ongoing growth in construction and manufacturing activities, the market for self-drilling screws is expected to remain robust.
The Indonesia Self Drilling Screws market is expected to witness significant growth in the coming years. One of the primary drivers of this market is the booming construction and infrastructure development sector in Indonesia. The demand for self-drilling screws is rising as they are crucial for various construction applications, especially in the installation of roofing and cladding systems. Additionally, the increasing adoption of steel structures in both residential and commercial construction projects is driving the need for self-drilling screws. Moreover, the government`s focus on promoting the construction of affordable housing and infrastructure development projects is expected to fuel the demand for self-drilling screws further. As a result, the market is poised for substantial growth in the foreseeable future.
The self-drilling screws market in Indonesia faces challenges related to product quality and standardization. Ensuring that screws meet industry standards and perform reliably is crucial. Moreover, competition from alternative fastening methods and counterfeit products in the market can affect sales and trust among customers.
The self-drilling screws market also experienced a slowdown as construction and manufacturing projects were delayed or canceled. Demand for these screws decreased during the pandemic. The market`s recovery depends on the revival of construction and manufacturing sectors in Indonesia.
Indonesia`s self-drilling screws market is on an upward trajectory, primarily driven by the booming construction and manufacturing sectors. Key players like PT Siantar Top Tbk and PT Abadi Metal Utama are leading suppliers in this market. They offer a wide range of self-drilling screws and have established a strong reputation for quality and reliability.