Market Overview:
The global prestressed concrete (PC) wire and strand market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for prestressed concrete products in bridges, buildings, and other applications. In terms of type, the uncoated PC strand segment is expected to lead the market during the forecast period. This can be attributed to its low cost as compared to other types of PC strands. In terms of application, bridges are expected to account for a major share of the global PC wire and strand market during the forecast period.
 Wire and Strand Industry Outlook.svg)
Product Definition:
Prestressed concrete wire and strand is a type of reinforcing steel that is used in prestressed concrete. It has a higher tensile strength than other types of steel, which allows it to withstand the tension that is put on the concrete by the prestressing force. Prestressed concrete wire and strand is important because it helps to ensure that the prestressed concrete structure remains stable and does not collapse.
Uncoated PC Strand:
Uncoated PC strand is a copper-clad, high strength wire that is used in the production of Prestressed Concrete (PC). The product has a wide range of applications such as bridge construction, transmission lines and others. It also finds application in underground electrical conductors and expansion joints. Uncoated PC strands are widely used owing to their properties such as high tensile strength, flexibility at low temperatures along with resistance to corrosion & oxidation.
Galvanized PC Strand:
Galvanized PC strand is a low-alloy, high carbon steel that has been coated with zinc. It offers several advantages over bare metal in terms of corrosion resistance and electrical protection. Galvanized PC strands are used as reinforcement in pre-tensioned concrete (PTC) wire and strand systems to provide enhanced tensile strength, improved flexural modulus, and greater ductility & elongation at relatively lower cost than stainless steel.
Application Insights:
The buildings application segment led the global prestressed concrete (PC) wire and strand market in 2017, accounting for a share of over 50.0%. The segment is expected to witness growth owing to increasing construction activities in residential and commercial buildings across the globe. According to data published by World Bank, it is estimated that around 60% of the global population lives in urban areas as compared to 33% who live in rural areas. This trend is expected to drive demand for new residential structures coupled with an increase in infrastructural development projects over the coming years.
Building bridges was another prominent application area of PC strands and wires during 2017-18 period owing to its rising applications such as railway bridge construction, highway bridge construction, etcetera across various regions worldwide.
Regional Analysis:
Asia Pacific was the largest market for prestressed concrete wire and strand in 2016, accounting for a share of more than 30%. The region is expected to continue its dominance over the forecast period. This growth can be attributed to increasing infrastructure spending coupled with growing industrial development in emerging economies such as China and India. In addition, rising demand from residential sector is anticipated to propel industry growth over the next eight years.
The construction industry in Europe has witnessed significant recovery since 2009 after experiencing recession at the beginning of that year which resulted into halts or slowdowns of all construction activities across major countries including Italy, Spain, Germany and Greece among others.
Growth Factors:
- Increasing demand for PC wire and strand in the construction industry as a result of growing population and rapid urbanization.
- Rising demand from emerging economies such as China, India, Brazil, etc., due to their high economic growth rates.
- Growing use of PC wire and strand in infrastructure development projects worldwide.
- Increasing popularity of precast concrete products in the construction industry due to their advantages over traditional construction methods.
Scope Of The Report
Report Attributes
Report Details
Report Title
Prestressed Concrete (PC) Wire and Strand Market Research Report
By Type
Uncoated PC Strand, Galvanized PC Strand, Epoxy coated PC Strand, Others
By Application
Bridges, Buildings, Others
By Companies
ArcelorMittal, Bekaert, Insteel, KISWIRE, SHAGANG GROUP, Sumiden Wire, The Siam Industrial Wire Company, Usha Martin, Henan Hengxing Science & Technology
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Prestressed Concrete (PC) Wire and Strand Market Report Segments:
The global Prestressed Concrete (PC) Wire and Strand market is segmented on the basis of:
Types
Uncoated PC Strand, Galvanized PC Strand, Epoxy coated 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
Bridges, Buildings, 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:
- ArcelorMittal
- Bekaert
- Insteel
- KISWIRE
- SHAGANG GROUP
- Sumiden Wire
- The Siam Industrial Wire Company
- Usha Martin
- Henan Hengxing Science & Technology
 Wire and Strand Market Overview.svg)
Highlights of The Prestressed Concrete (PC) Wire and 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:
- Uncoated PC Strand
- Galvanized PC Strand
- Epoxy coated PC Strand
- Others
- By Application:
- Bridges
- Buildings
- 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 (PC) Wire and 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Wire and Strand Market Statistics.svg)
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 wire and strand is a type of reinforcement used in concrete. It is made from steel wires that are twisted together to form strands. Prestressed concrete wire and strand helps to strengthen the concrete by providing support during the curing process.
Some of the major players in the prestressed concrete (pc) wire and strand market are ArcelorMittal, Bekaert, Insteel, KISWIRE, SHAGANG GROUP, Sumiden Wire, The Siam Industrial Wire Company, Usha Martin, Henan Hengxing Science & Technology.
The prestressed concrete (pc) wire and strand market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Prestressed Concrete (PC) Wire and 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 (PC) Wire and 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 (PC) Wire and Strand Market - Supply Chain
4.5. Global Prestressed Concrete (PC) Wire and Strand Market Forecast
4.5.1. Prestressed Concrete (PC) Wire and Strand Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Prestressed Concrete (PC) Wire and Strand Market Size (000 Units) and Y-o-Y Growth
4.5.3. Prestressed Concrete (PC) Wire and Strand Market Absolute $ Opportunity
5. Global Prestressed Concrete (PC) Wire and 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 (PC) Wire and Strand Market Size and Volume Forecast by Type
5.3.1. Uncoated PC Strand
5.3.2. Galvanized PC Strand
5.3.3. Epoxy coated 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 (PC) Wire and 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 (PC) Wire and Strand Market Size and Volume Forecast by Application
6.3.1. Bridges
6.3.2. Buildings
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Prestressed Concrete (PC) Wire and 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 (PC) Wire and 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 (PC) Wire and 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 (PC) Wire and 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 (PC) Wire and Strand Demand Share Forecast, 2019-2029
9. North America Prestressed Concrete (PC) Wire and 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 (PC) Wire and 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 (PC) Wire and Strand Market Size and Volume Forecast by Application
9.4.1. Bridges
9.4.2. Buildings
9.4.3. 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 (PC) Wire and Strand Market Size and Volume Forecast by Type
9.7.1. Uncoated PC Strand
9.7.2. Galvanized PC Strand
9.7.3. Epoxy coated 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 (PC) Wire and Strand Demand Share Forecast, 2019-2029
10. Latin America Prestressed Concrete (PC) Wire and 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 (PC) Wire and 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 (PC) Wire and Strand Market Size and Volume Forecast by Application
10.4.1. Bridges
10.4.2. Buildings
10.4.3. 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 (PC) Wire and Strand Market Size and Volume Forecast by Type
10.7.1. Uncoated PC Strand
10.7.2. Galvanized PC Strand
10.7.3. Epoxy coated 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 (PC) Wire and Strand Demand Share Forecast, 2019-2029
11. Europe Prestressed Concrete (PC) Wire and 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 (PC) Wire and 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 (PC) Wire and Strand Market Size and Volume Forecast by Application
11.4.1. Bridges
11.4.2. Buildings
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Prestressed Concrete (PC) Wire and Strand Market Size and Volume Forecast by Type
11.7.1. Uncoate PC Strand
11.7.2. Galvanized PC Strand
11.7.3. Epoxy coated 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 (PC) Wire and Strand Demand Share, 2019-2029
12. Asia Pacific Prestressed Concrete (PC) Wire and 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 (PC) Wire and 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 (PC) Wire and Strand Market Size and Volume Forecast by Application
12.4.1. Bridges
12.4.2. Buildings
12.4.3. 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 (PC) Wire and Strand Market Size and Volume Forecast by Type
12.7.1. Uncoated PC Strand
12.7.2. Galvanized PC Strand
12.7.3. Epoxy coated 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 (PC) Wire and Strand Demand Share, 2019-2029
13. Middle East & Africa Prestressed Concrete (PC) Wire and 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 (PC) Wire and 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 (PC) Wire and Strand Market Size and Volume Forecast by Application
13.4.1. Bridges
13.4.2. Buildings
13.4.3. 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 (PC) Wire and Strand Market Size and Volume Forecast by Type
13.7.1. Uncoated PC Strand
13.7.2. Galvanized PC Strand
13.7.3. Epoxy coated 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 (PC) Wire and Strand Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Prestressed Concrete (PC) Wire and Strand Market: Market Share Analysis
14.2. Prestressed Concrete (PC) Wire and Strand Distributors and Customers
14.3. Prestressed Concrete (PC) Wire and Strand Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ArcelorMittal
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bekaert
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Insteel
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. KISWIRE
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. SHAGANG GROUP
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sumiden Wire
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. The Siam Industrial Wire Company
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Usha Martin
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Henan Hengxing Science & Technology
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
