Global Prestressed Concrete Steel Strand Market Outlook 2018-2023

Global Prestressed Concrete Steel Strand Market is estimated to grow significantly in the forecast period due to the growing construction activities. Prestressed concrete steel strand is widely used in applications like prestressed concrete, crane beams, cement poles, multi-factory frameworks, panel, pressure pipe, high-rise buildings, nuclear power plants, railway sleepers, dams, houses, and others.

Reasons for the growth of prestressed concrete steel strand market are instability in oil prices that affect construction industry, for example, rise in oil prices boosts construction activities, which drives the market of Prestressed Concrete Steel Strand and reduction in prices of petroleum-based products, such as plastic materials, asphalt, polyvinyl chloride material, and material insulation. Additionally, increasing focus on infrastructure development that will affect various sectors associated with construction industry, use of galvanized PC strands on the cable-strayed bridges in the world, and applications in cranes for heavy weight assembling and lifting are also fueling the market. However, instability of Chinese steel market and increasing need for labor is hampering the market growth.

Few trends observed in the prestressed concrete steel strand market include increased spending on infrastructure, adoption of laser 3D technology in construction industry, and nanomaterial that accelerates future constructing activates. Remarkable growth of manufacturing and construction industry is expected to offer lucrative opportunities to the market. Infrastructure is an important aspect of a nation’s growth. Hence, high spending on the construction of airports, roads, telecom, and rail is positively affecting the market. The light emitted from laser 3D technology can offer accuracy for activities, such as leveling, aligning, and positioning. Nanotechnology not only improves the durability, material strength, and function, but also maintains safety and energy efficiency of the building.

Prestressed concrete steel strand market is categorized on the basis of type, application, and geography. On the basis of type, market of Prestressed Concrete Steel Strand is divided into epoxy coated prestressed concrete strand, uncoated prestressed concrete strand, galvanized prestressed concrete strand, and others. Uncoated prestressed concrete strand segment is expected to grow significantly in future due to the growing popularity of the product on the global scale.

In terms of application, prestressed concrete steel strand market is bifurcated into energy, transport, water conservancy, building and construction, and others. Building and construction segment is predicted to lead the market of Prestressed Concrete Steel Strand due to wide applications of prestressed concrete strands and wires.

Geographically, prestressed concrete steel strand market is divided into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is expected to hold larger share of the market due to increase in number of construction activities, increasing urbanization, and developments in the construction sector. Moreover, growing investment in the domain is also affecting the growth of the segment.

The top players profiled in prestressed concrete steel strand market include Kiswire, Strand-tech Martin, Siam Industrial Wire, Usha Martin, Sumiden, Insteel, Southern PC, Tata Iron and Steel, Tycsa PSC, Gulf Steel Strands, ASLAK, Xinhua Metal, Fapricela, Silvery Dragon, Fasten, Longtai Rare Earth & New Materials, Tianjin Metallurgical, Hengli, Fuxing Keji, AL-FAISAL STEEL, Hengxing, Hunan Xianghui, and Shengte.

Global Market for prestressed concrete steel strand to 2023 offers detailed coverage of prestressed concrete steel strand industry and presents main market trends. The market research gives historical and forecast market size, demand and production forecasts, end-use demand details, price trends, and company shares of the leading prestressed concrete steel strand producers to provide exhaustive coverage of the prestressed concrete steel strand.

Report contents include
- Analysis of the prestressed concrete steel strand market including revenues, future growth, market outlook
- Historical data and forecast
- Regional analysis including growth estimates
- Analyzes the end user markets including growth estimates.
- Profiles on prestressed concrete steel strand including products, sales/revenues, and market position
- Market structure, market drivers and restraints.

Key regions
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America

Key Vendors
- request free sample to get a complete list of companies