Market Executive Summary

REPORT HIGHLIGHT

The Prestressed Concrete (PC) Steel Strand market is estimated to represent a global market of USD 2.24 billion by 2017 with growth rate of 2.5%.

Prestressed concrete is self-possessed with high strength-steel and -concrete. The combination of these two constituents, the consequential construction usage is much lesser concrete and steel and are more cost-effective. Concrete is a viable material for booming compressive strains, but has a very low-slung ductile strength. The growth of market is driven by the rising investments in infrastructure sector. The market is expected to gain momentum pertaining to increasing applications of prestressed concrete steel in construction of railway sleepers, bridges & flyovers and skyscrapers. Overall infrastructural development in developed nations such as India and China is anticipated drive the market over the forecast period.

This report presents the global market size (revenue) of key companies in Prestressed Concrete (PC) Steel Strand business. This report also discusses a comprehensive industry overview, market shares, and growth opportunities of Prestressed Concrete (PC) Steel Strand market by type, key regions and countries and key manufacturers.

Surface Coating Takeaway

In terms of surface coating, uncoated PC strands are expected to capture highest revenue share. Whereas, galvanized PC strands are expected to grow at a fastest CAGR owing to its associated benefits such as higher mechanical strength and longer shelf life compared to its counterparts.

Application Takeaway

Based on application, bridges & flyovers segment is expected to grow at a fastest CAGR due to increasing number of ongoing construction projects of bridges & flyovers in developed as well as developing regions. In 2017, bridges & flyovers segment generated revenue over USD 1 billion.

Regional Takeaway

Market Segment by Regions, regional analysis covers

North America (U.S. and Canada)
Europe (France and Germany)
Asia Pacific (China and India)
Middle East and Africa
Latin America
Asia Pacific is expected to grow at a fastest CAGR. Regional growth is majorly supported by the growing demand of PC strands in India, China and other Asian counties. Presence of top 3 global steel producers such as Japan, China and India are expected to boost the product demand.

Key Vendor Takeaway

The research report presents the market competition landscape and a corresponding detailed analysis of the major vendors/manufacturers in the market. Additionally, this report discusses risks faced by key manufacturers and the market as a whole. It also analyses key emerging trends and their impact on present and future industry development, followed by key manufacturers.

Market Segment by Manufacturers, this report covers

Sumiden Wire
KISWIRE
Guizhou Wire Rope Incorporated Company
Wuhan Iron and Steel Limited
Henan Hengxing
Siam Industrial Wire
Insteel
?elik Halat ve Tel Sanayii
ArcelorMittal
Steelgroup
The market for prestressed concrete steel strand is highly fragmented with presence of many small manufacturers especially in China. The prominent vendors in prestressed concrete steel strand market are Siam Industrial Wire and Insteel.

The market size and forecast for each segment and sub-segments has been considered as below:

Historical Year ? 2017 ? 2021
Base Year ? 2021
Estimated Year ? 2022
Projected Year ? 2028
TARGET AUDIENCE

Traders, Distributors, and Suppliers
Manufacturers
Government and Regional Agencies
Research Organizations
Consultants
Distributors
SCOPE OF THE REPORT

The scope of this report covers the market by its major segments, which include as follows:

MARKET, BY SURFACE COATING

Uncoated PC Strand
Epoxy Coated PC Strand
Galvanized PC Strand
MARKET, BY APPLICATION

Railroad
Bridges
Construction
MARKET, BY REGION

North America
U.S.
Canada
Europe
Germany
France
Rest of Europe
Asia Pacific
India
China
Rest of APAC
Rest of the World
Middle East and Africa
Latin America