Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Wax Filled PC Strand Market by Type (Galvanized Wire PC Strand, Uncoated Wire PC Strand), By Application (Bridges, Flyover, Building, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Wax Filled PC Strand Market by Type (Galvanized Wire PC Strand, Uncoated Wire PC Strand), By Application (Bridges, Flyover, Building, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 137202 3300 Chemical & Material 377 240 Pages 4.8 (33)

Market Overview:

The global wax filled PC strand market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for bridges, flyovers, and buildings across the globe. Additionally, rising awareness about safety and security is also propelling the demand for wax filled PC strands in various applications. Based on type, galvanized wire PC strand accounted for a major share of the global wax filled PC strand market in 2017. This can be attributed to its properties such as high strength-to-weight ratio and corrosion resistance that make it suitable for use in various applications such as bridges, flyovers, building structures, and others.

Global Wax Filled PC Strand Industry Outlook

Product Definition:

A wax-filled PC strand is an electrical conductor that has been filled with a molten wax. The purpose of the wax is to improve the insulation of the conductor, which can help prevent electrical shorts and reduce power losses.

Galvanized Wire PC Strand:

Galvanized wire PC strand is a type of alloy steel that has been coated with zinc. It is used in the manufacturing of wax-filled PC strands, which are further utilized for making electrical wires and cables. The product finds application in various industries such as construction, oil & gas, power generation and transmission, marine industry (yachts), automotive industry (trailers), wind energy industry and telecommunication sector among others.

Uncoated Wire PC Strand:

Uncoated wire PC strand is a type of polymer cord that is used in wax-filled polyethylene strands. It has high tensile strength and durability, which makes it suitable for use in the manufacturing of wax-filled PC strands. The product also offers resistance to corrosion, heat, and chemicals; making it suitable for outdoor applications such as lighting fixtures or electrical cords.

Application Insights:

Building was the largest application segment in 2017 and accounted for a share of over 40.0% in terms of revenue. Increasing construction activities across the globe are expected to drive demand for steel strands, which fillers can provide at an economical price coupled with high performance.

The others segment includes infrastructure & transportation and industrial applications such as bridges, flyover roads and railway over-bridges among others.

Regional Analysis:

North America dominated the global market in terms of revenue with a share of over 40.0% in 2017. This is attributed to increasing road and highway construction activities, coupled with stringent government regulations for bridge maintenance and construction, which has resulted in increased spending on infrastructure development projects across the region.

Asia Pacific is expected to be one of the fastest-growing regional markets from 2018 to 2030 owing to rapid urbanization resulting from large-scale immigration into emerging economies such as India and China, thereby driving up residential building activities across these countries. Moreover, rising disposable income levels will also contribute toward industry growth over the forecast period. However, high labor costs along with limited availability may pose a challenge for manufacturers operating within Asia Pacific region during peak demand seasons such as festive seasons or sports events etc., thus influencing overall production volumes negatively.

Growth Factors:

  • Increasing demand from the construction industry for reinforcing concrete structures
  • Growing popularity of wax filled PC strand in seismic retrofitting applications
  • Rising demand for fiber-reinforced polymer (FRP) composites in automotive and aerospace industries
  • Proliferation of wind energy installations worldwide
  • Technological advancements that improve the performance of wax filled PC strands

Scope Of The Report

Report Attributes

Report Details

Report Title

Wax Filled PC Strand Market Research Report

By Type

Galvanized Wire PC Strand, Uncoated Wire PC Strand

By Application

Bridges, Flyover, Building, Others

By Companies

Kiswire, ORI MARTIN (SML), Tianjin Metallurgical, ArcelorMittal, Usha Martin, Tycsa PSC, Xinhua Metal, Bekaert, Scaw Metals Group, NEDRI Spanstaal BV

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Wax Filled PC Strand Market Report Segments:

The global Wax Filled PC Strand market is segmented on the basis of:


Galvanized Wire PC Strand, Uncoated Wire PC Strand

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.


Bridges, Flyover, Building, 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:

  1. Kiswire
  3. Tianjin Metallurgical
  4. ArcelorMittal
  5. Usha Martin
  6. Tycsa PSC
  7. Xinhua Metal
  8. Bekaert
  9. Scaw Metals Group
  10. NEDRI Spanstaal BV

Global Wax Filled PC Strand Market Overview

Highlights of The Wax Filled PC Strand Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Galvanized Wire PC Strand
    2. Uncoated Wire PC Strand
  1. By Application:

    1. Bridges
    2. Flyover
    3. Building
    4. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Wax Filled PC 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
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  • Identifying Appropriate Advertising Appeals

Global Wax Filled PC Strand Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Wax Filled PC Strand is a type of wire that is filled with wax. This makes the wire more flexible and less likely to break. Wax Filled PC Strand can be used in a variety of applications, including electrical wiring and construction.

Some of the key players operating in the wax filled pc strand market are Kiswire, ORI MARTIN (SML), Tianjin Metallurgical, ArcelorMittal, Usha Martin, Tycsa PSC, Xinhua Metal, Bekaert, Scaw Metals Group, NEDRI Spanstaal BV.

The wax filled pc strand market is expected to register a CAGR of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Wax Filled PC 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. Wax Filled PC Strand Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Wax Filled PC Strand Market - Supply Chain
   4.5. Global Wax Filled PC Strand Market Forecast
      4.5.1. Wax Filled PC Strand Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Wax Filled PC Strand Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Wax Filled PC Strand Market Absolute $ Opportunity

5. Global Wax Filled PC 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. Wax Filled PC Strand Market Size and Volume Forecast by Type
      5.3.1. Galvanized Wire PC Strand
      5.3.2. Uncoated Wire PC Strand
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Wax Filled PC 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. Wax Filled PC Strand Market Size and Volume Forecast by Application
      6.3.1. Bridges
      6.3.2. Flyover
      6.3.3. Building
      6.3.4. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Wax Filled PC 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. Wax Filled PC 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 Wax Filled PC 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. Wax Filled PC 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 Wax Filled PC Strand Demand Share Forecast, 2019-2029

9. North America Wax Filled PC 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 Wax Filled PC 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 Wax Filled PC Strand Market Size and Volume Forecast by Application
      9.4.1. Bridges
      9.4.2. Flyover
      9.4.3. Building
      9.4.4. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Wax Filled PC Strand Market Size and Volume Forecast by Type
      9.7.1. Galvanized Wire PC Strand
      9.7.2. Uncoated Wire PC Strand
   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 Wax Filled PC Strand Demand Share Forecast, 2019-2029

10. Latin America Wax Filled PC 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 Wax Filled PC 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 Wax Filled PC Strand Market Size and Volume Forecast by Application
      10.4.1. Bridges
      10.4.2. Flyover
      10.4.3. Building
      10.4.4. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Wax Filled PC Strand Market Size and Volume Forecast by Type
      10.7.1. Galvanized Wire PC Strand
      10.7.2. Uncoated Wire PC Strand
   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 Wax Filled PC Strand Demand Share Forecast, 2019-2029

11. Europe Wax Filled PC 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 Wax Filled PC 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 Wax Filled PC Strand Market Size and Volume Forecast by Application
      11.4.1. Bridges
      11.4.2. Flyover
      11.4.3. Building
      11.4.4. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Wax Filled PC Strand Market Size and Volume Forecast by Type
      11.7.1. Galvanized Wire PC Strand
      11.7.2. Uncoated Wire PC Strand
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projectios 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 Wax Filled PC Strand Demand Share, 2019-2029

12. Asia Pacific Wax Filled PC 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 Wax Filled PC 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 Wax Filled PC Strand Market Size and Volume Forecast by Application
      12.4.1. Bridges
      12.4.2. Flyover
      12.4.3. Building
      12.4.4. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Wax Filled PC Strand Market Size and Volume Forecast by Type
      12.7.1. Galvanized Wire PC Strand
      12.7.2. Uncoated Wire PC Strand
   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 Wax Filled PC Strand Demand Share, 2019-2029

13. Middle East & Africa Wax Filled PC 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 Wax Filled PC 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 Wax Filled PC Strand Market Size and Volume Forecast by Application
      13.4.1. Bridges
      13.4.2. Flyover
      13.4.3. Building
      13.4.4. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Wax Filled PC Strand Market Size and Volume Forecast by Type
      13.7.1. Galvanized Wire PC Strand
      13.7.2. Uncoated Wire PC Strand
   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 Wax Filled PC Strand Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Wax Filled PC Strand Market: Market Share Analysis
   14.2. Wax Filled PC Strand Distributors and Customers
   14.3. Wax Filled PC Strand Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Kiswire Overview Financials Developments Strategic Outlook
      14.4.2. ORI MARTIN (SML) Overview Financials Developments Strategic Outlook
      14.4.3. Tianjin Metallurgical Overview Financials Developments Strategic Outlook
      14.4.4. ArcelorMittal Overview Financials Developments Strategic Outlook
      14.4.5. Usha Martin Overview Financials Developments Strategic Outlook
      14.4.6. Tycsa PSC Overview Financials Developments Strategic Outlook
      14.4.7. Xinhua Metal Overview Financials Developments Strategic Outlook
      14.4.8. Bekaert Overview Financials Developments Strategic Outlook
      14.4.9. Scaw Metals Group Overview Financials Developments Strategic Outlook
      14.4.10. NEDRI Spanstaal BV Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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