Prestressed Concrete Steel Strand Market
report by size, share, application, and geography – global forecast to 2028 is
a professional and in-depth research on the world’s major regional Prestressed
Concrete Steel Strand market conditions, segmentation, key manufacturers and
driving factors.
The global prestressed concrete steel strand market is
expected to display higher growth rate over the next seven years. Rapid surge
in prestressed concrete steel strand industry is credited to the growing
investment by government authorities and private bodies for public & commercial
infrastructure, particularly in the developing economies across the globe.
Booming residential housing sector in Asia Pacific and North America region is
expected to drive the growth of prestressed concrete (PC) steel strand market
over the forecast period.
Growing adoption of prefab or offsite construction in the
building & construction industry is anticipated to foster the market growth
of prestressed concrete steel strand over the forecast period. The prefab or
offsite construction services are implemented to mold the structure under
controlled environment, subsequently implementing the process of curing.
Globally, prestressed concrete steel strand industry is predicted to generate
massive revenue over the next seven years, providing numerous opportunities for
industry participants to invest in research and development of prestressed
concrete steel strand.
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Prestressed concrete steel strand PC strand are increasingly
adopted for pre-stressed and post-tensioned concrete structures that involves
bridges, parking decks, and industrial and commercial buildings. Based on type
of the surface coating, prestressed concrete steel strand market is classified
as no coating prestressed steel strand, prestressed epoxy coated steel strand,
intended prestressed steel strand, and galvanized steel strand.
The prestressed concrete (PC) steel strand industry is
broadly categorized into major segments based on the application type such as
transport industry, building & construction industry, energy generation
sector, and water conservancy. Building & construction industry segment is
growing rapidly in the prestressed concrete steel strand market with
substantial revenue generation in the last few years. Growing popularity of
prestressed concrete steel strand in building & construction industry
segment is attributed to the increasing product penetration and easy
availability.
The prestressed concrete steel strand industry is divided by
region as North America, Europe, Asia-Pacific, Latin America and Africa. North
America has shown major growth in recent years owing to the rise in
implementation of latest technologies in building & construction industry,
surge in number of research & development activities and existence of
well-established industrial infrastructure in the region. In European region,
Germany, France, and United Kingdom are projected to witness steady growth.
Asia-Pacific region is estimated to hold a major market
share in the prestressed concrete steel strand with massive growth in forecast
period. Countries such as India, China and Singapore are leading the
Asia-Pacific market with strong economic growth, rising commercial
infrastructural activities, increasing governmental funding for public
infrastructure and significant investment by leading industry players
considering potential growth opportunities in the region.
The key players in the prestressed concrete (PC) steel
strand market are Insteel Industries, Inc., American Spring Wire Corp., SWPC,
Inc., ArcelorMittal S.A., The Hien Co., The Siam Industrial Wire Co., Ltd., DSD
Steel Group GmbH, DWK Drahtwerke Köln GmbH, celik Halat ve Tel Sanayi A.S.,
Henan Hengxing Science & Technology Co., Ltd., Tianjin Silvery Dragon
Prestressed Materials Co., XISC Co., Tianjin Chunpeng Prestressed Concrete
Strand Co., Ltd., Tianjin Metallurgy Group Flourish Steel Industrial Co., Ltd.,
Xinhua Metal Products Co., Ltd., and Jiangsu Shuailong Group Co., Ltd.
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Market Segment:
Report contents
include
• Analysis of the prestressed concrete steel strand market
including revenues, future growth, market outlook
• Historical data and forecast
• Regional analysis including growth estimates
• Analyzes the end user markets including growth estimates.
• Profiles on prestressed concrete steel strand including
products, sales/revenues, and market position
• Market structure, market drivers and restraints.
Key regions
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
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