The Asia-Pacific market for copper screws, bolts, and nuts is projected to continue its upward trend over the next decade, driven by growing demand. From 2024 to 2035, market volume is expected to grow at a compound annual growth rate (CAGR) of 2.5%, reaching 148,000 tons by 2035.
In terms of value, the market is forecast to expand at a CAGR of 3.0% during the same period, with an estimated worth of $2 billion by 2035 in nominal wholesale prices.
However, the market saw a slight contraction in 2024, with total revenues falling 2.6% to $1.5 billion compared to the previous year. This value represents producer and importer revenues, excluding logistics, retail marketing, and retailer margins.
Between 2013 and 2024, the market grew at an average annual rate of 3.8%, despite some fluctuations. The highest recorded value was $1.5 billion in 2023, before the modest decline in 2024.
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