Thread forming screw market seen reaching $8.72B by 2030

The thread forming screw market is projected to rise from $6.93 billion in 2026 to $8.72 billion by 2030, as automotive production, electric vehicles, aerospace lightweighting and automated assembly boost demand. Asia-Pacific led the market in 2025 and is expected to grow fastest over the forecast period.

Why it matters: - Thread forming screws are gaining share in industries that need strong, vibration-resistant fastening without extra tapping steps. - The market’s growth reflects broader manufacturing shifts toward faster assembly, lightweight materials and higher-strength joints. - The forecast points to continued demand in automotive, construction, electronics and aerospace supply chains.

What happened: - The thread forming screw market is projected to grow from $6.55 billion in 2025 to $6.93 billion in 2026. - The market is forecast to reach $8.72 billion by 2030. - The projected CAGR is 5.7% for 2026 and 5.9% over the longer forecast period. - Asia-Pacific was the largest regional market in 2025 and is expected to be the fastest-growing region. - The report covers South East Asia, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa. - A free sample report is available here. - The full report is available here.

The details: - Thread forming screws create internal threads by displacing material rather than cutting it during installation. - The design eliminates the need for pre-tapped holes in many applications. - The screws are used to improve assembly efficiency and structural integrity. - They are designed for strong, secure and vibration-resistant joints. - Key growth drivers include industrial manufacturing expansion, automotive assembly, construction and infrastructure activity, and global standardization of fastener specifications such as ISO standards. - Demand is also shifting from traditional machining-based fastening to preformed thread technologies. - Additional growth drivers include electric vehicle production, lightweight aerospace engineering, electronics miniaturization and automated assembly lines. - The market is also being shaped by advanced cold forming thread technology, corrosion-resistant coatings, fastening solutions for lightweight materials, vibration-resistant systems for dynamic environments and precision micro thread fasteners. - Automotive manufacturing includes the design, production, assembly and testing of vehicles and components. - Automotive production rose globally to 93,546,599 units in 2023 from 84,830,376 in 2022, including 67,133,570 passenger vehicles.

Between the lines: - The forecast suggests manufacturers are prioritizing fastening methods that reduce labor and improve reliability. - Asia-Pacific’s lead points to the region’s role as a production hub for vehicles and industrial equipment. - The combination of EVs, aerospace and electronics demand indicates thread forming screws are moving beyond legacy industrial uses.

What's next: - The market is expected to keep expanding as automated assembly, lightweight designs and vibration-resistant fastening needs increase. - Regional growth in Asia-Pacific is likely to stay ahead of other markets as industrialization and automotive output rise. - New report features include market attractiveness scoring, TAM analysis, company scoring matrix graphics, Excel dashboards, market hotspots infographics and updated graphics and tables.

The bottom line: - Thread forming screws are moving from niche fastening components to a broader industrial necessity, with growth tied to faster assembly and higher-performance materials.