Global Fully Threaded Rod Market Size By Type (Carbon Steel Threaded Rod, Stainless Steel Threaded Rod, Galvanized Steel Threaded Rod), By Application (Construction, Oil & Gas Industry), By Geographic Scope And Forecast

Fully Threaded Rod Market Size And Forecast

Fully Threaded Rod Market size was valued at USD 917.77 Million in 2021 and is projected to reach USD 1394.62 Million by 2030, growing at a CAGR of 5.15% from 2023 to 2030.

Significant factors driving market growth include the rise in construction-related activities and the use of fully threaded rods from time to time in virtually any construction fastening application. Their demand is also rising from several other industries, such as Engineering, Electrical installation, General construction, Ventilation installation, Plumbing, mechanical installation, etc., which is driving their demand.

Global Fully Threaded Rod Market Definition

Okay, so a threaded rod – or a stud, as some people call it – is essentially just a metal rod, often made of stainless steel, completely covered in screw threads. Sometimes the threads are only on the ends, and other times they go the entire length, depending on what you need. But one thing's for surethey always have threads on both ends! That’s what makes them so useful for holding things tightly together. Fully-threaded rods, also known as all-thread rods (ATR) or full-length thread rods (TFL), are threaded from tip to tip, making them ideal for screwing on nuts or anything else with internal threads. They provide a strong hold and distribute tension evenly when you're mounting and fastening things.

This rod type is commonly used in building, maintenance, and plumbing applications to stabilize objects made from wood, metal, or other materials. The threaded nature of the thread allows for nuts and other fixings to be screwed onto the rod relatively quickly in a short amount of time. One can also use connectors. Three common grades, two, five, and eight, are readily available or can be made as fully threaded rods. There are ASTM specifications with similar strength properties, which may be easier to find in the form of all thread rods than their SAE equivalent.

Global Fully Threaded Rod Market Overview

The construction industry is booming, which is fantastic for the global market for fully threaded rods! Opportunities are popping up everywhere – from houses and office spaces to massive bridges, so things are looking up. Basically, cities are getting bigger and populations are growing, leading to more investments in infrastructure and new homes. That’s really driving the market’s growth. Think about itconstruction is all about putting things together to make something new, like a building or a framework. Every project is unique, but generally, it's design, then materials production (turning raw stuff into usable stuff), and finally, building. Each of these has its own little steps and processes. And all that construction? That's what creates the need for fully threaded rods and things like that!

The government's working hard to give our homes and businesses a boost, and that's really helping the market take off. Honestly, the housing market in India is exploding – it's one of the fastest-growing areas right now! With the population growing, incomes rising, and everyone flocking to cities, it's just getting bigger and bigger. Now, when it comes to houses and how our cities are planned, that's mostly in the hands of the State Governments. But the Union government? They're responsible for dreaming up and running those social housing programs. The catch is, with more and more people moving to cities, there's a serious lack of homes, particularly for those who don't have a lot of money. So, to lend a hand, both the Indian government and the reserve banks have kicked off a bunch of exciting initiatives to encourage the construction of more affordable housing.

This could really boost demand!

Market Attractiveness

The image of market attractiveness provided would further help to get information about the region that is majorly leading in the global Fully Threaded Rod market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.

Porter’s Five Forces

The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the global Fully Threaded Rod market, gauge the attractiveness of a certain sector, and assess investment possibilities.

Global Fully Threaded Rod Market Segmentation Analysis

The Global Fully Threaded Rod Market is segmented on the basis of Type, Application, And Geography.

Fully Threaded Rod Market, By Type

• Carbon Steel Threaded Rod
• Stainless Steel Threaded Rod
• Galvanized Steel Threaded Rod
• Others

Based on Type, the Global Fully Threaded Rod Market has been segmented into Carbon Steel Threaded Rod, Stainless Steel Threaded Rod, Galvanized Steel Threaded Rod, and Others.

Carbon steel threaded rods take over around 40% market share of Fully Threaded Rod. Threaded carbon steel rods, also known as a stud or all-thread, are relatively long and will be threaded from end to end. Threaded steel rods can be found in agricultural, construction, and electrical industries. Applications include threaded struts in buildings, tie rods, hooks, and U bolts. Further, Stainless steel threaded rod holds nearly 30% market share, but with the highest CAGR, it will grow significantly by 2025. Besides, Galvanized steel threaded rod has the potential to expand the whole market in the forecasted period.

Fully Threaded Rod Market, By Application

• Construction
• Oil & Gas Industry
• Others

Okay, so where do fully threaded rods actually get used? ("Application," if you're talking market lingo!) The main places are Construction, Oil & Gas Industry, and Others. Construction is the real king here, gobbling up around 70% of the market, and that seems likely to stay that way with consistent growth predicted from 2019 to 2025. These rods are just so handy in construction – think of using them with nuts to clamp steel, wood, whatever. They're basically a stripped-down hex bolt, but always double-check with the Engineer of Record before you go substituting! The oil and gas industry is a solid number two, accounting for about 10%, and that's predicted to edge upwards a bit in the future.

Fully Threaded Rod Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the world

So, when we look at the Global Fully Threaded Rod Market, it's broken down by where it is in the worldNorth America, Europe, Asia Pacific, and then basically everywhere else – we call that the Rest of the World. Right now, Asia Pacific is leading the pack, and that's largely because their construction industry is booming. They're the biggest construction market out there, and experts are saying it'll keep growing at a rate of 4-5% each year from 2022 to 2030. Plus, there's just a huge demand coming from developing countries in that area. Take India, for example. The government is trying to make it easier to get building projects approved quickly. All of this is really pushing the market forward.

Key Players

Want to know what's happening in the world of fully threaded rods? Our new study on the "Global Fully Threaded Rod Market" gives you the inside scoop! We're talking about the big names like Jiaxing Brother Standard, Zhejiang New Oriental Fastener Group, MEIJIANLI, Zhejiang junyue standard part, Vulcan Steel Products, Bossard Group, WÃœRTH, All America Threaded Products, Bodegraven Metaal NV (BOMET), J Penen & Co, Haiyan Wanrui Standard Part, Sachiya Steel International, Scope Metals, Kapson India, Sanwa Iron, Canco Fastener, among others. We don't just list them, though. We dig deep, offering a special section with financial highlights, product comparisons, and even SWOT analyses, giving you a real picture of what these market leaders are all about.

Key Developments

• Vulcan Steel (VSL) has signed a conditional sale and purchase agreement to acquire 100 percent of aluminium distributor, Ullrich Aluminium in july 2022.
• In October 2021, The Bossard Group has acquired Dutch company Jeveka B.V. (“Jeveka”), substantially expanding its presence in the Benelux countries.

Ace Matrix Analysis

The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.

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