Market revenue in 2023 | USD 1,851.4 million |
Market revenue in 2030 | USD 2,519.5 million |
Growth rate | 4.5% (CAGR from 2024 to 2030) |
Largest segment | Stainless steel |
Fastest growing segment | Carbon Steel |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Carbon Steel, Stainless Steel |
Key market players worldwide | SFS Group AG, Simpson Manufacturing Co Inc, Eurotech Ltd, Illinois Tool Works Inc, Kyocera Corp, SPAX International, Grip-Rite, Simpson Strong-Tie Company, Rothoblaas, GRK Fasteners |
Stainless steel was the largest segment with a revenue share of 80.84% in 2023. Horizon Databook has segmented the Europe structural wood screws market based on carbon steel, stainless steel covering the revenue growth of each sub-segment from 2018 to 2030.
The region has well-established construction and furniture industries owing to the presence of extensive investors. According to the European Commission, the economy of the region highly depends on its construction industry. In 2021, according to Construction Europe, the total revenue generated by top construction companies in Europe was USD 46.53 trillion.
The region has footprints of various construction companies such as Saipem, Balfour Beatty, Strabag, Hochtief, Bouygues, ACS, and Vinci. This is expected to drive the growth of the construction industry in Europe, thereby fueling the growth of structural wood screws market in the region.
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