The thread forming screw market size is expected to see strong growth in the next few years. It will grow to $8.72 billion in 2030 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to expansion of electric vehicle manufacturing requiring advanced fastening solutions, growth in aerospace lightweight structural applications, increasing miniaturization of electronic devices, rising adoption of automated assembly systems, and demand for high-strength vibration-resistant fastening technologies. Major trends in the forecast period include advanced cold-forming thread technologies for stronger joint performance, high-performance corrosion-resistant coatings, lightweight material-compatible fastening solutions, vibration-resistant fastening systems for dynamic applications, and precision micro-thread fasteners for compact assemblies.
The expansion of automotive manufacturing is expected to drive the growth of the thread forming screw market going forward. Automotive manufacturing refers to the process of designing, producing, assembling, and testing motor vehicles and their components, including cars, trucks, and other automotive systems. Automotive manufacturing is increasing due to rising global demand for vehicles, driven by population growth, urbanization, and increasing consumer purchasing power, which collectively enhance the need for personal and commercial transportation. Thread forming screws improve automotive manufacturing by offering strong, precise, and vibration-resistant fastening solutions that enhance assembly efficiency, increase joint durability, and eliminate the need for additional tapping operations in vehicle production processes. For instance, in April 2024, according to the Serbian Association of Vehicle and Parts Importers, a Serbia-based professional automotive organization, 93,546,599 vehicles (cars and light commercial vehicles), including 67,133,570 passenger vehicles, were produced globally in 2023, up from 84,830,376 vehicles in 2022. Therefore, the expansion of automotive manufacturing is driving the growth of the thread forming screw market.
Key companies operating in the thread forming screw market are focusing on developing innovative fastening solutions, such as advanced thread-forming polymer screws to enhance joint strength, improve assembly efficiency, and reduce material stress during installation. Advanced thread-forming polymer screws are specially designed fasteners made for plastic materials that create their own threads during installation by displacing material rather than cutting it, helping improve joint strength, reduce stress on components, enhance vibration resistance, and enable faster, more efficient assembly without the need for pre-tapping operations. For example, in April 2024, TR Fastenings Limited, a UK-based fastening solutions company, launched its Plas-Tech 30-20 screw range, designed specifically for high-performance applications in plastic assemblies. The screws are engineered to deliver enhanced thread engagement, improved torque retention, and reduced stress cracking in plastic components, making them suitable for use in automotive, electronics, and industrial manufacturing sectors. The launch reflects the growing industry focus on precision-engineered fastening technologies that improve product durability while optimizing assembly efficiency in modern manufacturing processes.
In September 2023, MW Components LLC, a US-based precision components and industrial manufacturing company, acquired Elgin Fastener Group LLC for an undisclosed amount. Through this acquisition, MW Components, LLC intends to broaden its specialty fasteners portfolio and enhance its manufacturing and distribution capabilities by incorporating Elgin’s engineered fastening solutions across a wider range of industrial end markets, including automotive, aerospace, energy, and general industrial applications. Elgin Fastener Group LLC is a US-based manufacturing company that specializes in offering thread-forming screws.
Major companies operating in the thread forming screw market are Würth Group, Illinois Tool Works Inc., Stanley Black & Decker Inc., Fastenal Company, SFS Group AG, LISI S.A., Bossard Holding AG, Hilti Group, Böllhoff Group, Arconic, Agrati Group, Bufab AB, KAMAX, PennEngineering, Bulten AB, Acument Global Technologies, Trifast plc, Keller & Kalmbach GmbH, Sundram Fasteners Ltd., MacLean-Fogg, Research Engineering & Manufacturing Inc. (REM Inc.)
Asia-Pacific was the largest region in the thread forming screw market in 2025 and is expected to be the rapidly expanding regionin the forecast period. The regions covered in the thread forming screw market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the thread forming screw market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The thread forming screw market consists of sales of standard thread forming screws, high-strength thread forming screws, self-tapping thread forming screws, plastic thread forming screws, metal thread forming screws, and related fastening products. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The thread forming screw market research report is one of a series of new reports that provides thread forming screw market statistics, including thread forming screw industry global market size, regional shares, competitors with a thread forming screw market share, detailed thread forming screw market segments, market trends and opportunities, and any further data you may need to thrive in the thread forming screw industry. This thread forming screw market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
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Table of Contents
Executive Summary
Thread Forming Screw Market Global Report 2026 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses thread forming screw market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for thread forming screw? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The thread forming screw market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
- The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
- The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
- The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
- The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.
Report Scope
Markets Covered:
1) By Product Type: Machine Screws; Tapping Screws; Self-Drilling Screws; Other Product Types2) By Material: Steel; Stainless Steel; Brass; Aluminum; Other Materials
3) By Distribution Channel: Direct Sales; Distributors Or Wholesalers; Online Retail; Other Distribution Channels
4) By End-User: Automotive; Electronics; Construction; Aerospace; Industrial; Other End-Users
Subsegments:
1) By Machine Screws: Pan Head Machine Screws; Flat Head Machine Screws; Round Head Machine Screws; Hex Head Machine Screws; Socket Head Machine Screws; Oval Head Machine Screws; Truss Head Machine Screws; Binding Head Machine Screws; Fillister Head Machine Screws; Cheese Head Machine Screws2) By Tapping Screws: Thread Rolling Tapping Screws; Thread Cutting Tapping Screws; Type A Tapping Screws; Type B Tapping Screws; Type AB Tapping Screws; Type F Tapping Screws; Type U Tapping Screws; Trilobular Tapping Screws; High Low Thread Tapping Screws; Plastics Tapping Screws
3) By Self-Drilling Screws: Hex Washer Head Self Drilling Screws; Pan Head Self Drilling Screws; Flat Head Self Drilling Screws; Wafer Head Self Drilling Screws; Truss Head Self Drilling Screws; Winged Self Drilling Screws; Countersunk Self Drilling Screws; Modified Truss Head Self Drilling Screws; Roofing Self Drilling Screws; Framing Self Drilling Screws
4) By Other Product Types: Captive Panel Screws; Shoulder Screws; Security Screws; Knurled Head Screws; Tamper Resistant Screws; Plastic Assembly Screws; Specialty Fastening Screws; Custom Engineered Screws
Companies Mentioned: Würth Group; Illinois Tool Works Inc.; Stanley Black & Decker Inc.; Fastenal Company; SFS Group AG; LISI S.A.; Bossard Holding AG; Hilti Group; Böllhoff Group; Arconic; Agrati Group; Bufab AB; KAMAX; PennEngineering; Bulten AB; Acument Global Technologies; Trifast plc; Keller & Kalmbach GmbH; Sundram Fasteners Ltd.; MacLean-Fogg; Research Engineering & Manufacturing Inc. (REM Inc.)
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: Word, PDF or Interactive Report + Excel Dashboard
Added Benefits
- Bi-Annual Data Update
- Customisation
- Expert Consultant Support
Companies Mentioned
- Würth Group
- Illinois Tool Works Inc.
- Stanley Black & Decker Inc.
- Fastenal Company
- SFS Group AG
- LISI S.A.
- Bossard Holding AG
- Hilti Group
- Böllhoff Group
- Arconic
- Agrati Group
- Bufab AB
- KAMAX
- PennEngineering
- Bulten AB
- Acument Global Technologies
- Trifast plc
- Keller & Kalmbach GmbH
- Sundram Fasteners Ltd.
- MacLean-Fogg
- Research Engineering & Manufacturing Inc. (REM Inc.)
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 250 |
| Published | July 2026 |
| Forecast Period | 2026 - 2030 |
| Estimated Market Value ( USD | $ 6.93 Billion |
| Forecasted Market Value ( USD | $ 8.72 Billion |
| Compound Annual Growth Rate | 5.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 21 |


