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In 2023, the construction nails market was worth 10.34 billion USD. Forecasts indicate that the construction nails business will expand from $10.99B in 2024 to $16.99B in 2031, with a CAGR (compound annual growth rate) of 4.90 percent from 2024 to 2031. The primary factors propelling the market's rapid growth are rising government efforts, investments in infrastructure, and rehabilitation and remodeling projects.
The purpose of this research is to show vendors where there is potential in the market by breaking it down into different regions and sectors. It was critical to comprehend the present state of the market and its projected future growth in order to assess the opportunity. The market is being predicted by meticulously comparing consumption and production habits. Market segment growth, scenario-based research, revenue growth of important market vendors, and growth of the adjacent market are additional elements taken into account when forecasting the market.
A combination of top-down and bottom-up market estimation methods, reinforced by interviews with key opinion leaders in the field, was used to arrive at the final market size. The Construction Materials were derived by taking into account the market's characteristics, the proportion of Diversified Materials that consisted of Construction Materials, and vendor share. In order to ascertain the market's growth, many aspects were discovered and their impacts were examined. These elements included drivers, trends, restraints, and opportunities. We have studied the market's growth year-on-year to have a better grasp of the market's expansion. Growth patterns were also determined by comparing historic growth rates.
More and more, you'll see these nails in construction, cabinets, wall molding, sheathing, fence mending, composition roofing, underlayment, fiber-cement boards, buildings, home improvement projects, and more. The high mobility rate, reduced taxes, low transportation costs, and ease of processing of wood, as well as its abundance in various countries, are driving the development of lightweight wood-based structures, which in turn are driving demand for the product.
Materials like carbon and stainless steel are used to make construction nails. Stainless steel is the material of choice for these nails because of its many desirable properties, including its resistance to corrosion, high strength, and long lifespan. The strong tensile strength and load-bearing capabilities of carbon steel make it an ideal material for use in nail production. Also, carbon steel nails are more affordable than stainless steel ones, thus it should boost sales of carbon steel nails.
Growing demand for infrastructure development and construction is propelling the construction nails market CAGR. Joining two pieces of wood or other materials together is the job of construction nails. They are available in various sizes and shapes to meet different needs. A wide variety of materials are utilized to manufacture Construction Nails, including carbon steel, stainless steel, and others. The greater corrosion resistance of stainless steel nails has led to their increased popularity, but the lower cost of carbon steel nails has made them more widely used.
Two more important elements influencing the construction nail business are the improvement of infrastructure and the continuous expansion of building activity. Growing numbers of people living in cities and more government funding for building projects across all types of buildings (residential, commercial, and industrial) are driving the construction industry forward. During construction projects, the necessity to secure and fix components greatly raises the need for Construction Nails. There is a strong correlation between government policies and investments in infrastructure and the growth of the construction nail market. A lot of countries are investing heavily in infrastructure development to provide public amenities, broaden transportation networks, and stimulate economic growth.
The ever-increasing need for building materials and services is a major factor propelling the construction nail industry forward. Urbanization, rising populations, and more investment in residential, commercial, and industrial developments are the primary drivers of the construction industry's expansion. The need for construction nails is greatly increased because of the high volume of construction projects that require nails for securing and fastening materials. An example of a robust market for construction nails would be the nearly $1.55 trillion spent on construction in the US in 2020, as reported by the U.S. Census Bureau.
Report Coverage
Global Construction Nails research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Construction Nails report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Construction Nails competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Construction Nails market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Construction Nails market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Construction Nails market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Simpson Strong-Tie, Grip-Rite, Shandong Oriental Cherry Hardware Group, Maze Nails, TITIBI, Pan Chem Corporation, JE-IL WIRE PRODUCTION, Duchesne, BECK Fastener Group, DEACERO.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Construction Nails market based on the below-mentioned segments:
Global Construction Nails Market, By Material
Stainless Steel
Carbon Steel
Others
Global Construction Nails market, By Application
Wood Construction
Concrete Construction
Global Construction Nails market, Regional Analysis
The purpose of this research is to show vendors where there is potential in the market by breaking it down into different regions and sectors. It was critical to comprehend the present state of the market and its projected future growth in order to assess the opportunity. The market is being predicted by meticulously comparing consumption and production habits. Market segment growth, scenario-based research, revenue growth of important market vendors, and growth of the adjacent market are additional elements taken into account when forecasting the market.
A combination of top-down and bottom-up market estimation methods, reinforced by interviews with key opinion leaders in the field, was used to arrive at the final market size. The Construction Materials were derived by taking into account the market's characteristics, the proportion of Diversified Materials that consisted of Construction Materials, and vendor share. In order to ascertain the market's growth, many aspects were discovered and their impacts were examined. These elements included drivers, trends, restraints, and opportunities. We have studied the market's growth year-on-year to have a better grasp of the market's expansion. Growth patterns were also determined by comparing historic growth rates.
More and more, you'll see these nails in construction, cabinets, wall molding, sheathing, fence mending, composition roofing, underlayment, fiber-cement boards, buildings, home improvement projects, and more. The high mobility rate, reduced taxes, low transportation costs, and ease of processing of wood, as well as its abundance in various countries, are driving the development of lightweight wood-based structures, which in turn are driving demand for the product.
Materials like carbon and stainless steel are used to make construction nails. Stainless steel is the material of choice for these nails because of its many desirable properties, including its resistance to corrosion, high strength, and long lifespan. The strong tensile strength and load-bearing capabilities of carbon steel make it an ideal material for use in nail production. Also, carbon steel nails are more affordable than stainless steel ones, thus it should boost sales of carbon steel nails.
Growing demand for infrastructure development and construction is propelling the construction nails market CAGR. Joining two pieces of wood or other materials together is the job of construction nails. They are available in various sizes and shapes to meet different needs. A wide variety of materials are utilized to manufacture Construction Nails, including carbon steel, stainless steel, and others. The greater corrosion resistance of stainless steel nails has led to their increased popularity, but the lower cost of carbon steel nails has made them more widely used.
Two more important elements influencing the construction nail business are the improvement of infrastructure and the continuous expansion of building activity. Growing numbers of people living in cities and more government funding for building projects across all types of buildings (residential, commercial, and industrial) are driving the construction industry forward. During construction projects, the necessity to secure and fix components greatly raises the need for Construction Nails. There is a strong correlation between government policies and investments in infrastructure and the growth of the construction nail market. A lot of countries are investing heavily in infrastructure development to provide public amenities, broaden transportation networks, and stimulate economic growth.
The ever-increasing need for building materials and services is a major factor propelling the construction nail industry forward. Urbanization, rising populations, and more investment in residential, commercial, and industrial developments are the primary drivers of the construction industry's expansion. The need for construction nails is greatly increased because of the high volume of construction projects that require nails for securing and fastening materials. An example of a robust market for construction nails would be the nearly $1.55 trillion spent on construction in the US in 2020, as reported by the U.S. Census Bureau.
Report Coverage
Global Construction Nails research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Construction Nails report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Construction Nails competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Construction Nails market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2031 |
| Base Year | 2024 |
| Forecast Period | 2024-2031 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Simpson Strong-Tie, Grip-Rite, Shandong Oriental Cherry Hardware Group, Maze Nails, TITIBI, Pan Chem Corporation, JE-IL WIRE PRODUCTION, Duchesne, BECK Fastener Group, DEACERO. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Construction Nails Market from 2021 to 2031.
- Market Forecast for Construction Nails Market from 2021 to 2031.
- Regional Market Share and Revenue from 2021 to 2031.
- Country Market share within region from 2021 to 2031.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Construction Nails competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Construction Nails
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Construction Nails market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Construction Nails market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Simpson Strong-Tie, Grip-Rite, Shandong Oriental Cherry Hardware Group, Maze Nails, TITIBI, Pan Chem Corporation, JE-IL WIRE PRODUCTION, Duchesne, BECK Fastener Group, DEACERO.
Primary Target Market
- Market Players of Construction Nails
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Construction Nails market based on the below-mentioned segments:
Global Construction Nails Market, By Material
Stainless Steel
Carbon Steel
Others
Global Construction Nails market, By Application
Wood Construction
Concrete Construction
Global Construction Nails market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
You will get in-depth and extensive construction nails market market research and competitor analysis for your business to help you develop more profound insights into the construction nails market Market.
Through INFINITIVE Data Expert is a professional Market Research services, I will identify the construction nails market market size, demand & opportunities, growth rate, and target audience with a comprehensive analysis of your competitors.