U.S. Self-drilling Screws Market Size & Outlook, 2022-2030
U.S. self-drilling screws market, 2018-2030 (US$M)
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U.S. self-drilling screws market highlights
- The U.S. self-drilling screws market generated a revenue of USD 146.1 million in 2022 and is expected to reach USD 203.9 million by 2030.
- The U.S. market is expected to grow at a CAGR of 4.3% 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 146.1 million |
| Market revenue in 2030 | USD 203.9 million |
| Growth rate | 4.3% (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, U.S. accounted for 19.5% 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 North America, U.S. self-drilling screws market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 203.9 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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U.S. 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 66.53% in 2022. Horizon Databook has segmented the U.S. self-drilling screws market based on stainless steel, carbon steel, other materials covering the revenue growth of each sub-segment from 2018 to 2030.
Several factors influence the growth and dynamics of the self-drilling screws market in the U.S. The construction industry is thriving, with continuing residential, commercial, and infrastructural projects generating demand for self-drilling screws in several construction applications.
The production of the residential construction sector will increase over the forecast period due to the government's efforts in creating affordable housing units to alleviate the present housing gap of more than 6 million houses. In January 2023, PulteGroup, Inc, an American residential home-construction company, announced Addison Square in Fort Myers.
Furthermore, the growing emphasis on environmentally friendly and sustainable construction processes is expected to propel the demand for stainless steel self-drilling screws in the country. Furthermore, the development in R&D and investments in the construction industry are predicted to have a positive impact on the U.S. self-drilling screws market.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. self-drilling screws market , including forecasts for subscribers. This country databook contains high-level insights into U.S. self-drilling screws market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. self-drilling screws market size, by material, 2018-2030 (US$M)
U.S. Self-drilling Screws Market Outlook Share, 2022 & 2030 (US$M)
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