Prestressed Concrete Strand and Wire Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

The pre-stressed concrete strands and wires are twisted steel cables that are composed of 2,3,7, or 19 high strength wires which are stress relieved. These wires are used to reinforce prefab construction and precast elements. These wires and strands are a source of attaining force which helps to neutralize external forces.

MARKET DYNAMICS

The increased popularity of prefab or offsite construction in the construction industry is driving the demand for prestressed concrete strands and wire markets. The fluctuation in the oil prices has a direct effect on the construction activities; and an increase in oil prices boosts the construction activity, which drives the demand for prestressed concrete (PC) wire and strand market. However, the growing need for labor and the volatility of the steel market act as restraining factors for the market.

MARKET SCOPE

The "Global Prestressed Concrete Strand and Wire Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the prestressed concrete strand and wire market with detailed market segmentation by type, surface coating, application, and geography. The global prestressed concrete strand and wire market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading prestressed concrete strand and wire market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The Global Prestressed Concrete Strand and Wire Market is segmented based on type, surface coating, and application. Based on type, the market is segmented into prestressed concrete steel wire, plan prestressed concrete wire, indented prestressed concrete wire, and spiral ribbed prestressed concrete wire. Based on surface coating, the market is segmented into uncoated strand, galvanized strand, epoxy strand, and others. Based on application, the market is segmented into railroad industry, construction equipment, and bridges and flyovers.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global prestressed concrete strand and wire market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The prestressed concrete strand and wire market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the prestressed concrete strand and wire market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the prestressed concrete strand and wire market in these regions.

MARKET PLAYERS

The report covers key developments in the prestressed concrete strand and wire market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from prestressed concrete strand and wire market are anticipated to witness lucrative growth opportunities in the future with the rising demand for prestressed concrete strand and wire in the global market. Below mentioned is the list of few companies engaged in the prestressed concrete strand and wire market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the prestressed concrete strand and wire market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   AL ITTEFAQ STEEL PRODUCTS CO.
  
•   ArcelorMittal S.A.
  
•   Bekaert
  
•   DWK Drahtwerk Kln GmbH
  
•   FAPRICELA
  
•   Saarstahl AG
  
•   Siam Industrial Wire
  
•   Sumiden Wire
  
•   Usha Martin
  
•   Zhangjiagang Xinhua Prestressing Steel Strand Co.,Ltd
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Prestressed Concrete Strand and Wire Report Scope