| Product Code: ETC13257732 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Screw Thread Steel Market was valued at USD 125 Billion in 2024 and is expected to reach USD 166 Billion by 2031, growing at a compound annual growth rate of 4.10% during the forecast period (2025-2031).
The global screw thread steel market is expected to witness steady growth in the coming years, driven by the increasing demand for construction and infrastructure development projects worldwide. Screw thread steel, commonly used in the construction industry for fastening applications, offers high tensile strength and corrosion resistance, making it a preferred choice for various structural applications. The market is influenced by factors such as urbanization, industrialization, and government investments in infrastructure projects. Key players in the market are focusing on product innovations, sustainability, and expanding their geographical presence to gain a competitive edge. Additionally, the growing trend of prefabricated construction and the adoption of advanced technologies in the manufacturing process are expected to further fuel the market growth.
The Global Screw Thread Steel Market is experiencing steady growth due to increasing construction activities worldwide, especially in emerging economies. The market is driven by the rising demand for screw thread steel in infrastructure projects and the construction of residential and commercial buildings. One major trend in the market is the shift towards environmentally friendly and sustainable construction practices, leading to the use of high-quality and corrosion-resistant screw thread steel materials. Opportunities in the market lie in the development of innovative products with enhanced strength and durability, as well as in expanding market presence in regions with high construction activities, such as Asia-Pacific and the Middle East. Additionally, the growing adoption of advanced technologies like automation and robotics in manufacturing processes presents opportunities for increased efficiency and cost savings in the production of screw thread steel.
The Global Screw Thread Steel Market faces several challenges, including fluctuating raw material prices, intense competition among manufacturers, and the impact of trade policies and tariffs on international trade. Additionally, the market is influenced by the overall economic conditions in key regions, affecting the demand for construction and industrial applications where screw thread steel is used. Quality control issues and the need for continuous innovation to meet evolving customer requirements also pose challenges for market players. Moreover, environmental regulations and sustainability concerns are becoming increasingly important, requiring companies to adopt eco-friendly practices in their manufacturing processes. Overall, navigating these challenges while maintaining competitive pricing and product quality is crucial for success in the Global Screw Thread Steel Market.
The Global Screw Thread Steel Market is primarily driven by the increasing demand for construction and infrastructure development projects worldwide. The growth in urbanization, industrialization, and population expansion has led to a rising need for various construction applications, such as buildings, bridges, roads, and other structures, driving the demand for screw thread steel. Additionally, the automotive and manufacturing industries also contribute to the market growth, as screw thread steel is a crucial component in the production of vehicles and machinery. Technological advancements in the manufacturing processes of screw thread steel, along with the focus on product innovation and quality, also play a significant role in driving market growth. Furthermore, government initiatives and investments in infrastructure development projects further propel the demand for screw thread steel globally.
Government policies related to the Global Screw Thread Steel Market vary by country, but generally revolve around trade regulations, tariffs, and quality standards. Many countries have implemented anti-dumping regulations to protect domestic producers from unfair competition, while others have imposed tariffs on imported steel products to safeguard their local industries. Additionally, governments often set quality standards and specifications for screw thread steel to ensure product safety and reliability. Some countries also provide subsidies or incentives to support the growth of the steel industry and promote innovation. Overall, government policies play a crucial role in shaping the competitive landscape of the global screw thread steel market and influencing market dynamics.
The future outlook for the Global Screw Thread Steel Market remains positive, driven by the increasing demand for construction and infrastructure development projects worldwide. The market is expected to witness steady growth due to the rising urbanization, industrialization, and investments in new infrastructure projects. Additionally, the expansion of the automotive and manufacturing sectors is anticipated to boost the demand for screw thread steel in the coming years. Technological advancements in steel production processes and increasing emphasis on sustainable and high-quality materials are also likely to propel market growth. However, factors such as fluctuating raw material prices and stringent regulations related to steel production and usage may pose challenges to market expansion. Overall, the Global Screw Thread Steel Market is poised for growth, supported by the ongoing global economic recovery and infrastructure development initiatives.
In the global Screw Thread Steel Market, Asia Pacific is expected to dominate the market due to rapid industrialization and infrastructure development in countries like China and India. North America is anticipated to witness steady growth driven by the construction and automotive industries. In Europe, the market is projected to grow steadily, supported by the recovering construction sector. The Middle East and Africa region is likely to experience moderate growth due to ongoing construction projects and investments in infrastructure. Latin America is expected to show promising growth opportunities fueled by the expanding construction activities in countries like Brazil and Mexico. Overall, the global Screw Thread Steel Market is poised for growth across all regions, with varying degrees of opportunities and challenges in each market segment.
Global Screw Thread Steel Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Screw Thread Steel Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Screw Thread Steel Market Revenues & Volume, 2021 & 2031F |
3.3 Global Screw Thread Steel Market - Industry Life Cycle |
3.4 Global Screw Thread Steel Market - Porter's Five Forces |
3.5 Global Screw Thread Steel Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Screw Thread Steel Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.7 Global Screw Thread Steel Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Global Screw Thread Steel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Screw Thread Steel Market Trends |
6 Global Screw Thread Steel Market, 2021 - 2031 |
6.1 Global Screw Thread Steel Market, Revenues & Volume, By Types, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Screw Thread Steel Market, Revenues & Volume, By Diameter 16mm, 2021 - 2031 |
6.1.3 Global Screw Thread Steel Market, Revenues & Volume, By Diameter 16mm-32mm, 2021 - 2031 |
6.1.4 Global Screw Thread Steel Market, Revenues & Volume, By Diameter 32mm, 2021 - 2031 |
6.2 Global Screw Thread Steel Market, Revenues & Volume, By Applications, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Screw Thread Steel Market, Revenues & Volume, By House, 2021 - 2031 |
6.2.3 Global Screw Thread Steel Market, Revenues & Volume, By Bridge, 2021 - 2031 |
6.2.4 Global Screw Thread Steel Market, Revenues & Volume, By Road, 2021 - 2031 |
6.2.5 Global Screw Thread Steel Market, Revenues & Volume, By Others, 2021 - 2031 |
6.3.1 Overview & Analysis |
7 North America Screw Thread Steel Market, Overview & Analysis |
7.1 North America Screw Thread Steel Market Revenues & Volume, 2021 - 2031 |
7.2 North America Screw Thread Steel Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Screw Thread Steel Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Screw Thread Steel Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Screw Thread Steel Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Screw Thread Steel Market, Revenues & Volume, By Types, 2021 - 2031 |
7.4 North America Screw Thread Steel Market, Revenues & Volume, By Applications, 2021 - 2031 |
8 Latin America (LATAM) Screw Thread Steel Market, Overview & Analysis |
8.1 Latin America (LATAM) Screw Thread Steel Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Screw Thread Steel Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Screw Thread Steel Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Screw Thread Steel Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Screw Thread Steel Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Screw Thread Steel Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Screw Thread Steel Market, Revenues & Volume, By Types, 2021 - 2031 |
8.4 Latin America (LATAM) Screw Thread Steel Market, Revenues & Volume, By Applications, 2021 - 2031 |
9 Asia Screw Thread Steel Market, Overview & Analysis |
9.1 Asia Screw Thread Steel Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Screw Thread Steel Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Screw Thread Steel Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Screw Thread Steel Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Screw Thread Steel Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Screw Thread Steel Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Screw Thread Steel Market, Revenues & Volume, By Types, 2021 - 2031 |
9.4 Asia Screw Thread Steel Market, Revenues & Volume, By Applications, 2021 - 2031 |
10 Africa Screw Thread Steel Market, Overview & Analysis |
10.1 Africa Screw Thread Steel Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Screw Thread Steel Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Screw Thread Steel Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Screw Thread Steel Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Screw Thread Steel Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Screw Thread Steel Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Screw Thread Steel Market, Revenues & Volume, By Types, 2021 - 2031 |
10.4 Africa Screw Thread Steel Market, Revenues & Volume, By Applications, 2021 - 2031 |
11 Europe Screw Thread Steel Market, Overview & Analysis |
11.1 Europe Screw Thread Steel Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Screw Thread Steel Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Screw Thread Steel Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Screw Thread Steel Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Screw Thread Steel Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Screw Thread Steel Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Screw Thread Steel Market, Revenues & Volume, By Types, 2021 - 2031 |
11.4 Europe Screw Thread Steel Market, Revenues & Volume, By Applications, 2021 - 2031 |
12 Middle East Screw Thread Steel Market, Overview & Analysis |
12.1 Middle East Screw Thread Steel Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Screw Thread Steel Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Screw Thread Steel Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Screw Thread Steel Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Screw Thread Steel Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Screw Thread Steel Market, Revenues & Volume, By Types, 2021 - 2031 |
12.4 Middle East Screw Thread Steel Market, Revenues & Volume, By Applications, 2021 - 2031 |
13 Global Screw Thread Steel Market Key Performance Indicators |
14 Global Screw Thread Steel Market - Export/Import By Countries Assessment |
15 Global Screw Thread Steel Market - Opportunity Assessment |
15.1 Global Screw Thread Steel Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Screw Thread Steel Market Opportunity Assessment, By Types, 2021 & 2031F |
15.3 Global Screw Thread Steel Market Opportunity Assessment, By Applications, 2021 & 2031F |
16 Global Screw Thread Steel Market - Competitive Landscape |
16.1 Global Screw Thread Steel Market Revenue Share, By Companies, 2024 |
16.2 Global Screw Thread Steel Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |