Driven by rising adoption of refined interior finishing and the accelerated expansion of modular and prefabricated buildings, the drywall screw industry has enjoyed sustained global growth in recent years. According to QYResearch, the worldwide drywall screws market reached approximately USD 2.77 billion in 2024, and is projected to hit USD 4.01 billion by 2031, with a compound annual growth rate (CAGR) of 5.5% during 2025–2031 This underscores strong expansion in global fastener demand.
China has emerged as a key growth driver. Reports show that the coarse-thread drywall screw segment in China exceeded RMB 5 billion in 2023 and is expected to reach RMB 6.5 billion by 2025, with a CAGR around 8% . Meanwhile, fine-thread screws are experiencing stable growth—expected to rise from RMB 4.5 billion in 2022 to RMB 5.2 billion in 2025 (CAGR ~5.2%) . Both thread types indicate healthy and consistent development.
Key growth drivers include:
-
Rebounding real estate and infrastructure projects – China’s property market normalization, along with the “14th Five-Year Plan,” spurs demand for screws used in light steel framing and gypsum board systems.
-
Support for prefabricated construction – Policies targeting 30–35% prefabricated building adoption directly boost drywall fastener requirements .
-
Residential renovation and upgrades – Rising consumption and renovation of older neighborhoods are fueling fine-thread screw demand.
Technological and channel shifts are reshaping the industry:
-
Coating and material innovations – Non-cyanide zinc plating and corrosion-resistant coatings enhance product performance and environmental footprint .
-
Manufacturing automation – Integration of automated lines, IoT platforms, and AI-based quality control improves throughput and reproducibility .
-
Market consolidation – Leading OEMs consolidate share through scale and vertical integration; the top five companies now command ~40% combined share .
-
Channel diversification – Rapid uptake of digital B2B platforms and e‑commerce fosters nimble access for niche and smaller players.
Looking ahead:
-
China’s market is projected to grow at 8–10% CAGR through 2029, reaching RMB 6.5–7 billion;
-
Industry direction includes green manufacturing, updated standards (e.g., “Green Building Materials Evaluation Code”), high-performance and specialty screws, and smart manufacturing adoption;
-
Export focus on ASEAN, Middle East, Africa;
-
Smaller firms face industry consolidation; technology adoption and environmental compliance will determine market survivability.
Post time: Jul-01-2025