PUBLISHER: The Business Research Company | PRODUCT CODE: 2098751
PUBLISHER: The Business Research Company | PRODUCT CODE: 2098751
Thread forming screws are advanced fastening elements specifically designed to generate internal threads within materials by displacing material rather than cutting or removing it during installation. They are manufactured to create durable, vibration-resistant connections without requiring pre-tapped holes, thereby enhancing assembly productivity and structural reliability. These screws are commonly employed in applications that demand superior holding power, shorter assembly times, and improved resistance to loosening when exposed to dynamic operating conditions.
The primary product types of thread forming screw include machine screws, tapping screws, self-drilling screws, and other product types. Machine screws are precision-engineered fasteners designed to create threads within pre-tapped or formed holes, ensuring secure and dependable fastening across various assemblies. These screws are manufactured from materials such as steel, stainless steel, brass, aluminum, and other materials. They are distributed through direct sales, distributors or wholesalers, online retail channels, and other distribution channels and are used by end users including automotive, electronics, construction, aerospace, industrial, and others.
Tariffs are influencing the thread forming screws market by raising the cost of imported raw materials such as steel, stainless steel, and alloy-based inputs, along with precision manufacturing machinery utilized in fastener production. This is increasing overall production expenses and reducing pricing competitiveness across global supply chains. Automotive, electronics, and construction end-use sectors are most impacted due to their strong reliance on imported fastening components, especially in Asia-Pacific and Latin America where manufacturing ecosystems depend heavily on cross-border supply networks. However, tariffs are simultaneously driving localization of fastener production, encouraging regional supplier diversification, and accelerating investments in domestic manufacturing infrastructure, thereby improving long-term supply chain resilience.
The thread forming screw market size has grown strongly in recent years. It will grow from $6.55 billion in 2025 to $6.93 billion in 2026 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to expansion of industrial manufacturing sector, increase in automotive assembly line production, surge in infrastructure and construction activities, standardization of global fastener specifications (ISO standards), transition from machining-based fastening to preformed thread technologies.
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 Wurth Group, Illinois Tool Works Inc., Stanley Black & Decker Inc., Fastenal Company, SFS Group AG, LISI S.A., Bossard Holding AG, Hilti Group, Bollhoff 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 from The Business Research Company 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.
Thread Forming Screw Market Global Report 2026 from The Business Research Company 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.
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 from the Business Research Company 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.
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