UK Self-drilling Screws Market Size & Outlook, 2022-2030
UK self-drilling screws market, 2018-2030 (US$M)
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UK self-drilling screws market highlights
- The UK self-drilling screws market generated a revenue of USD 34.3 million in 2022 and is expected to reach USD 48.7 million by 2030.
- The UK market is expected to grow at a CAGR of 4.5% from 2023 to 2030.
- In terms of segment, stainless steel was the largest revenue generating material in 2022.
- Stainless Steel is the most lucrative material segment registering the fastest growth during the forecast period.
Self-drilling screws market data book summary
| Market revenue in 2022 | USD 34.3 million |
| Market revenue in 2030 | USD 48.7 million |
| Growth rate | 4.5% (CAGR from 2022 to 2030) |
| Largest segment | Stainless steel |
| Fastest growing segment | Stainless Steel |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Stainless Steel, Carbon Steel, Other Materials |
| Key market players worldwide | EJOT, Hilti Group, DeWalt, Illinois Tool Works Inc, Landmark Worldwide |
Other key industry trends
- In terms of revenue, UK accounted for 4.6% of the global self-drilling screws market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany self-drilling screws market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 91.5 million by 2030.
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Self-drilling Screws Market Scope
Self-drilling Screws Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK self-drilling screws market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to self-drilling screws market will help companies and investors design strategic landscapes.
Stainless steel was the largest segment with a revenue share of 67.64% in 2022. Horizon Databook has segmented the UK self-drilling screws market based on stainless steel, carbon steel, other materials covering the revenue growth of each sub-segment from 2018 to 2030.
The UK has a significant number of renovation and retrofit projects, particularly in the residential sector. The advancements in construction technology, including Building Information Modeling (BIM), modular construction, and sustainable building practices are expected to boost the demand for self-drilling screws in the country, thus driving the market growth.
Furthermore, the growing commercial construction activities are augmenting the growth of the market. The need for office furniture is constantly growing owing to the strengthening economy, expanding firms, and increased spending on new office space and furniture.
The advent of digital construction is anticipated to be one of the major drivers for the growth of the overall construction industry. These all factors are expected to push the self-drilling screws market toward significant growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK self-drilling screws market , including forecasts for subscribers. This country databook contains high-level insights into UK self-drilling screws market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK self-drilling screws market size, by material, 2018-2030 (US$M)
UK Self-drilling Screws Market Outlook Share, 2022 & 2030 (US$M)
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