Screw Piles Market Overview; Key Trends, Market Size, and Key Factors Defining the Industry 2019 - 2027
Global Screw Piles Market - Snapshot Screw piles are foundation underpinning elements constructed using steel shafts with helical flights. These are also referred to as screw anchors, helical piles, and helical anchors in the market that use them for building deep foundations. Screw piles are cost effective foundation systems installed using excavators fitted with a rotary driver head attachment. Presently, it is observed that many builders opt for screw piles when time constraints are involved with their construction projects. End-users are opting for high quality recycled steel screw-piles. This is found to be effective and has prevented the overall carbon footprint. The global screw piles market is estimated to reach US$ 1,365.4 Mn by 2027. The global screw piles market is primarily driven by rapid growth in the construction sector across the globe. In addition, rise in huge investment by governments on infrastructure and public facilities has gained demand for screw piles. F...