Market Overview:
The global prestressed concrete steel strand market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for prestressed concrete steel strands in transportation, building, and energy applications. Prestressed concrete steel strands are used in various applications such as transport, building, energy, water conservancy, and others. In terms of type, bare PC strand dominates the global prestressed concrete steel strand market followed by grease filled PC strand and wax filled PC strand segments.
Product Definition:
Prestressed concrete steel strand is a type of prestressed concrete that uses steel strands as the main tensioning element. The strands are usually placed in a grid pattern and are then tensioned to pre-stress the concrete. This technique can be used to create beams, slabs, and other structural elements with high compressive strength.
Bare PC Strand:
Bare PC strand is a type of steel reinforcement bar that is used in pre-tensioning of concrete or other materials. It has no coating and hence, it does not affect the performance of the material. Bare PC strands are available in different sizes and shapes as per requirement which helps in providing enhanced strength to the structure. The global bare PC strand market size was valued at USD 1, with a CAGR of 7% from 2016 to 2022.
Grease Filled PC Strand:
The grease-filled PC strand is a product that consists of steel wires coated with a synthetic polymer in the form of an oil emulsion. The product has high tensile strength and low elongation to break which makes it suitable for use as reinforcement material in concrete structures such as beams, columns, and slabs.
The market for greases filled PC strands in the U.
Application Insights:
Building was the largest application segment in 2016, accounting for a share of over 60.0% in terms of revenue. The growth is attributed to increasing construction activities across various applications including residential and non-residential sectors. In addition, growing urbanization along with rising disposable income levels in developing countries such as India and China are expected to drive the demand for Prestressed Concrete Steel Strand globally over the forecast period.
The global market has witnessed significant growth owing to increased investments from public-private partnerships (PPP) on account of which there is an increase in infrastructure development projects particularly across emerging economies worldwide including Brazil, China, India & South Africa among others.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region with a CAGR of XX% from 2018 to 2030 owing to increasing infrastructure spending in countries such as China, India, and Japan. In addition, rising government initiatives for the development of transport infrastructure are likely to drive demand over the forecast period.
The construction industry in Europe has shown positive growth signs over the past few years on account of increasing investments and favorable regulatory policies regarding Prestressed Concrete Steel Strand (PCS) used for construction projects. The growing infrastructural needs across European countries are expected favorably impact market growth during the forecast period.
North America accounted for 24% share in terms of volume consumed in 2017 on account building & construction activities coupled with increased spending by U S military forces both at home and abroad which is anticipated would boost product demand over next eight years till 2030 time frame).
Growth Factors:
- Increasing demand for prestressed concrete steel strand in construction industry as it offers high strength-to-weight ratio and helps in reducing the weight of structure.
- Rising demand for prestressed concrete steel strand from infrastructure sector due to increasing government spending on development of infrastructure projects.
- Growing use of prestressed concrete steel strand in automotive and transportation sector due to its properties such as corrosion resistance and durability.
- Increasing demand for prestressed concrete steel strand from marine industry owing to its properties such as high tensile strength and low weight that help in reducing the overall weight of the vessel or boat structure.
- Technological advancements that have led to introduction of new products with enhanced features are expected to drive the growth of Prestressed Concrete Steel Strand market over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Prestressed Concrete Steel Strand Market Research Report
By Type
Bare PC Strand, Grease Filled PC Strand, Wax Filled PC Strand, Others
By Application
Transport, Building, Energy, Water Conservancy, Others
By Companies
Insteel, Sumiden, Strand-tech Martin, Tata Iron and Steel, Siam Industrial Wire, Southern PC, Tycsa PSC, Kiswire, Usha Martin, Fapricela, Gulf Steel Strands, ASLAK, AL-FAISAL STEEL, Xinhua Metal, Tianjin Metallurgical, Hengli, Hengxing, Fasten, Huaxin, Hunan Xianghui, Silvery Dragon, Shengte, Longtai Rare Earth & New Materials, Fuxing Keji
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Prestressed Concrete Steel Strand Market Report Segments:
The global Prestressed Concrete Steel Strand market is segmented on the basis of:
Types
Bare PC Strand, Grease Filled PC Strand, Wax Filled PC Strand, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Transport, Building, Energy, Water Conservancy, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Insteel
- Sumiden
- Strand-tech Martin
- Tata Iron and Steel
- Siam Industrial Wire
- Southern PC
- Tycsa PSC
- Kiswire
- Usha Martin
- Fapricela
- Gulf Steel Strands
- ASLAK
- AL-FAISAL STEEL
- Xinhua Metal
- Tianjin Metallurgical
- Hengli
- Hengxing
- Fasten
- Huaxin
- Hunan Xianghui
- Silvery Dragon
- Shengte
- Longtai Rare Earth & New Materials
- Fuxing Keji
Highlights of The Prestressed Concrete Steel Strand Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Bare PC Strand
- Grease Filled PC Strand
- Wax Filled PC Strand
- Others
- By Application:
- Transport
- Building
- Energy
- Water Conservancy
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Prestressed Concrete Steel Strand Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Prestressed concrete steel strand is a type of prestressed concrete that uses steel strands to provide tensile strength and compression resistance. Prestressing the concrete with the steel strands helps to prevent it from cracking or failing during construction, and also makes it more resistant to earthquakes.
Some of the key players operating in the prestressed concrete steel strand market are Insteel, Sumiden, Strand-tech Martin, Tata Iron and Steel, Siam Industrial Wire, Southern PC, Tycsa PSC, Kiswire, Usha Martin, Fapricela, Gulf Steel Strands, ASLAK, AL-FAISAL STEEL, Xinhua Metal, Tianjin Metallurgical, Hengli, Hengxing, Fasten, Huaxin, Hunan Xianghui, Silvery Dragon, Shengte, Longtai Rare Earth & New Materials, Fuxing Keji.
The prestressed concrete steel strand market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Prestressed Concrete Steel Strand Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Prestressed Concrete Steel Strand Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Prestressed Concrete Steel Strand Market - Supply Chain
4.5. Global Prestressed Concrete Steel Strand Market Forecast
4.5.1. Prestressed Concrete Steel Strand Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Prestressed Concrete Steel Strand Market Size (000 Units) and Y-o-Y Growth
4.5.3. Prestressed Concrete Steel Strand Market Absolute $ Opportunity
5. Global Prestressed Concrete Steel Strand Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Prestressed Concrete Steel Strand Market Size and Volume Forecast by Type
5.3.1. Bare PC Strand
5.3.2. Grease Filled PC Strand
5.3.3. Wax Filled PC Strand
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Prestressed Concrete Steel Strand Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Prestressed Concrete Steel Strand Market Size and Volume Forecast by Application
6.3.1. Transport
6.3.2. Building
6.3.3. Energy
6.3.4. Water Conservancy
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Prestressed Concrete Steel Strand Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Prestressed Concrete Steel Strand Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Prestressed Concrete Steel Strand Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Prestressed Concrete Steel Strand Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Prestressed Concrete Steel Strand Demand Share Forecast, 2019-2026
9. North America Prestressed Concrete Steel Strand Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Prestressed Concrete Steel Strand Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Prestressed Concrete Steel Strand Market Size and Volume Forecast by Application
9.4.1. Transport
9.4.2. Building
9.4.3. Energy
9.4.4. Water Conservancy
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Prestressed Concrete Steel Strand Market Size and Volume Forecast by Type
9.7.1. Bare PC Strand
9.7.2. Grease Filled PC Strand
9.7.3. Wax Filled PC Strand
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Prestressed Concrete Steel Strand Demand Share Forecast, 2019-2026
10. Latin America Prestressed Concrete Steel Strand Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Prestressed Concrete Steel Strand Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Prestressed Concrete Steel Strand Market Size and Volume Forecast by Application
10.4.1. Transport
10.4.2. Building
10.4.3. Energy
10.4.4. Water Conservancy
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Prestressed Concrete Steel Strand Market Size and Volume Forecast by Type
10.7.1. Bare PC Strand
10.7.2. Grease Filled PC Strand
10.7.3. Wax Filled PC Strand
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Prestressed Concrete Steel Strand Demand Share Forecast, 2019-2026
11. Europe Prestressed Concrete Steel Strand Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Prestressed Concrete Steel Strand Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Prestressed Concrete Steel Strand Market Size and Volume Forecast by Application
11.4.1. Transport
11.4.2. Building
11.4.3. Energy
11.4.4. Water Conservancy
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Prestressed Concrete Steel Strand Market Size and Volume Forecast by Type
11.7.1. Bare PC Stand
11.7.2. Grease Filled PC Strand
11.7.3. Wax Filled PC Strand
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Prestressed Concrete Steel Strand Demand Share, 2019-2026
12. Asia Pacific Prestressed Concrete Steel Strand Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Prestressed Concrete Steel Strand Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Prestressed Concrete Steel Strand Market Size and Volume Forecast by Application
12.4.1. Transport
12.4.2. Building
12.4.3. Energy
12.4.4. Water Conservancy
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Prestressed Concrete Steel Strand Market Size and Volume Forecast by Type
12.7.1. Bare PC Strand
12.7.2. Grease Filled PC Strand
12.7.3. Wax Filled PC Strand
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Prestressed Concrete Steel Strand Demand Share, 2019-2026
13. Middle East & Africa Prestressed Concrete Steel Strand Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Prestressed Concrete Steel Strand Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Prestressed Concrete Steel Strand Market Size and Volume Forecast by Application
13.4.1. Transport
13.4.2. Building
13.4.3. Energy
13.4.4. Water Conservancy
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Prestressed Concrete Steel Strand Market Size and Volume Forecast by Type
13.7.1. Bare PC Strand
13.7.2. Grease Filled PC Strand
13.7.3. Wax Filled PC Strand
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Prestressed Concrete Steel Strand Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Prestressed Concrete Steel Strand Market: Market Share Analysis
14.2. Prestressed Concrete Steel Strand Distributors and Customers
14.3. Prestressed Concrete Steel Strand Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Insteel
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sumiden
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Strand-tech Martin
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Tata Iron and Steel
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Siam Industrial Wire
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Southern PC
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Tycsa PSC
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kiswire
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Usha Martin
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Fapricela
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Gulf Steel Strands
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. ASLAK
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. AL-FAISAL STEEL
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Xinhua Metal
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Tianjin Metallurgical
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Hengli
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Hengxing
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Fasten
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Huaxin
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Hunan Xianghui
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
