Prestressed Steel Wire and Strands Market Share, Trends, Growth, Revenue and Future Scope 2032
Prestressed Steel Wire and Strands Market Size- By Product, By Coating Type, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
| Published: Mar-2023 | Report ID: COAM2305 | Pages: 1 - 243 | Formats*: |
| Category : Construction & Manufacturing | |||
Global Prestressed Steel Wire and Strands Market Overview
According to SPER Market Research, the Global Prestressed Steel Wire and Strands Market is estimated to reach USD 1.404 billion by 2032 with a CAGR of 4.25%.
High-strength steel wires make up prestressed steel wires and strands, which are then stabilized or relieved of tension for use in prestressed applications. Some of the key characteristics of prestressed steel wire and strands include high tensile strength, constant modulus of elasticity, low relaxation, stress-relieved, stable construction, low stress, reducing distortion and construction weight, high abrasion resistance, material savings, significant water resistance, as well as stiffness. These are primarily used for the reinforcement of a variety of prestressed structures, including silos, major bridges, dams, buildings, foundations, and floor slabs as well as stadiums, pre-cast segments, airport hangars, anchorages, multi-story industrial buildings, crane beams, and buildings with a lot of concrete. They are employed in the building of poles, water towers, and highways in civil engineering, as well as in energy source marine transportation, water control initiatives, rock and earth anchoring components, and housing structures for a higher tensile force.
The accelerating rate of industrialisation is advantageous for the global market. The Loma Linda University Medical Center in California, Tisch Hospital in New York, and Lucile Packard Children's Hospital at Stanford are just a few of the significant initiatives underway in the United States. Various columns and slabs of these buildings are constructed using pre-stressed steel wires and strands. The businesses are concentrating on creating a production environment that is technologically advanced. Since they only require raw materials made of steel, such as bars, rods, ropes, and wires, the majority of these businesses also serve as suppliers. The companies' surviving production technologies are primarily proprietary. As a result, the market is operating in an environment that is forward-integrated. An increase in infrastructure spending is being caused by the world's aging buildings and infrastructure. Long-term, the increase in infrastructure spending will probably be beneficial for the prestressed steel wire and strands industry.
Impact of COVID-19 on the Global Prestressed Steel Wire and Strands Market
The COVID-19 epidemic has had a significant impact on the steel sector. Numerous nations had to go into lockdown in order to contain the growing number of cases due to the pandemic scenario. The result has been a disruption in the demand and supply chains, which has had an impact on the global market. Due of the pandemic crisis, several operations, manufacturing facilities, and infrastructure projects had to be suspended.
The COVID-19 epidemic and fluctuating raw material prices have slowed the global market's expansion. On the plus side, things are beginning to return to normal, which bodes well for future market growth. Additionally, the resumption of the global recycling industry and the development of vaccinations against the novel coronavirus would lead to the full-scale restart of the prestressed steel wire and strands business.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Product, By Coating Type, By Application |
| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America |
| Companies Covered | Baekert, CELIK HALAT ve Tel Sanayii A.S, DNA PC Strand, DWK Drahtwerke Koln GmbH, FAPRICELA – Industria de Trefilaria, Henan Hengxing Science & Technology Co. Ltd., Hjulsbro Steel AB, Hubei Fuxing New Material Technology Co. Ltd., Insteel Industries Inc., KISWIRE Ltd., Maklada , NEDRI Spanstaal BV |
Target Audience:
- Construction Companies
- Infrastructure Development Agencies
- Manufacturers of Prestressed Concrete Products
- Steel wire and strand manufacturers
- Distributors and Suppliers
- Research and Development Organizations
Global Prestressed Steel Wire and Strands Market Segmentation:
1. By Product:
- Strand
- Wire
2. By Coating Type:
- Epoxy Coated
- Galvanized
- HDPE Coated
- Uncoated
3. By Application:
- Bridges & Flyovers
- Construction Equipment
- Energy
- Railroad Industry
4. By Region:
- Asia-Pacific
- Europe
- Middle East & Africa
- North America
- Latin America
Key Topics Covered in the Report:
- Size of Global Prestressed Steel Wire and Strands Market (FY’2019-FY’2032)
- Overview of Global Prestressed Steel Wire and Strands Market
- Segmentation of Global Prestressed Steel Wire and Strands Market By Product (Strand, Wire)
- Segmentation of Global Prestressed Steel Wire and Strands Market By Coating Type (Epoxy Coated, Galvanized, HDPE Coated, Uncoated, Others)
- Segmentation of Global Prestressed Steel Wire and Strands Market By Application (Bridges & Flyovers, Construction Equipment, Energy, Railroad Industry, Others)
- Statistical Snap of Global Prestressed Steel Wire and Strands Market
- Global Prestressed Steel Wire and Strands Market Growth Analysis
- Problems and Challenges in Global Prestressed Steel Wire and Strands Market
- Global Prestressed Steel Wire and Strands Market Competitive Landscape
- Impact of COVID-19 and Demonetization on Global Prestressed Steel Wire and Strands Market
- Details on Recent Investment in Global Prestressed Steel Wire and Strands Market
- Competitive Analysis of Global Prestressed Steel Wire and Strands Market
- Major Players in the Global Prestressed Steel Wire and Strands Market
- SWOT Analysis of Global Prestressed Steel Wire and Strands Market
- Global Prestressed Steel Wire and Strands Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1 Research data source2.1.1 Secondary data2.1.2 Primary data2.1.3 SPER’s internal database2.1.4 Premium insight from KOL’s2.2 Market size estimation2.2.1 Top-down and Bottom-up approach2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1 Drivers4.1.2 Restraints4.1.3 Opportunities4.1.4 Challenges4.2. COVID-19 Impacts of the Global Prestressed Steel Wire and Strands Market
5. Market variables and outlook
5.1. SWOT analysis5.1.1 Strengths5.1.2 Weaknesses5.1.3 Opportunities5.1.4 Threats5.2. PESTEL analysis5.2.1 Political landscape5.2.2 Economic landscape5.2.3 Social landscape5.2.4 Technological landscape5.2.5 Environmental landscape5.2.6 Legal landscape5.3. PORTER’S five forces analysis5.3.1 Bargaining power of suppliers5.3.2 Bargaining power of Buyers5.3.3 Threat of Substitute5.3.4 Threat of new entrant5.3.5 Competitive rivalry5.4. Heat map analysis
6. Competitive Landscape
6.1 Global Prestressed Steel Wire and Strands Manufacturing Base Distribution, Sales Area, Product Type6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Prestressed Steel Wire and Strands Market
7. Global Prestressed Steel Wire and Strands Market, By Product, 2019-2032 (USD Million)
7.1 Strand7.2 Wire
8. Global Prestressed Steel Wire and Strands Market, By Coating Type, 2019-2032 (USD Million)
8.1 Epoxy Coated8.2 Galvanized8.3 HDPE Coated8.4 Uncoated8.5 Others
9. Global Prestressed Steel Wire and Strands Market, By Application,2019-2032 (USD Million)
9.1 Bridges & Flyovers9.2 Construction Equipment9.3 Energy9.4 Railroad Industry9.5 Others
10. Global Prestressed Steel Wire and Strands Market, By Region, 2019-2032 (USD Million)
10.1 Global Prestressed Steel Wire and Strands Market and Market Share by Region (2019-2025)10.2 Global Prestressed Steel Wire and Strands Market and Market Share by Region (2026-2032)10.3 Asia-Pacific
10.3.1 Australia10.3.2 China10.3.3 India10.3.4 Japan10.3.5 South Korea10.3.6 Rest of Asia-Pacific10.4 Europe10.4.1 France10.4.2 Germany10.4.3 Italy10.4.4 Spain10.4.5 United Kingdom10.4.6 Rest of Europe10.5 Middle East and Africa10.5.1 Kingdom of Saudi Arabia10.5.2 United Arab Emirates10.5.3 Rest of Middle East & Africa10.6 North America10.6.1 Canada10.6.2 Mexico10.6.3 United States10.7 Latin America10.7.1 Argentina10.7.2 Brazil10.7.3 Rest of Latin America
11. Company Profiles
11.1 Baekert11.1.1 Company details11.1.2 Financial outlook11.1.3 Product summary11.1.4 Recent developments11.2 CELIK HALAT ve Tel Sanayii A.S11.2.1 Company details11.2.2 Financial outlook11.2.3 Product summary11.2.4 Recent developments11.3 DNA PC Strand11.3.1 Company details11.3.2 Financial outlook11.3.3 Product summary11.3.4 Recent developments11.4 DWK Drahtwerke Koln GmbH11.4.1 Company details11.4.2 Financial outlook11.4.3 Product summary11.4.4 Recent developments11.5 FAPRICELA – Industria de Trefilaria11.5.1 Company details11.5.2 Financial outlook11.5.3 Product summary11.5.4 Recent developments11.6 Henan Hengxing Science & Technology Co. Ltd.11.6.1 Company details11.6.2 Financial outlook11.6.3 Product summary11.6.4 Recent developments11.7 Hjulsbro Steel AB11.7.1 Company details11.7.2 Financial outlook11.7.3 Product summary11.7.4 Recent developments11.8 Hubei Fuxing New Material Technology Co. Ltd.11.8.1 Company details11.8.2 Financial outlook11.8.3 Product summary11.8.4 Recent developments11.9 Insteel Industries Inc.11.9.1 Company details11.9.2 Financial outlook11.9.3 Product summary11.9.4 Recent developments11.10 KISWIRE Ltd.11.10.1 Company details11.10.2 Financial outlook11.10.3 Product summary11.10.4 Recent developments11.11 Maklada11.11.1 Company details11.11.2 Financial outlook11.11.3 Product summary11.11.4 Recent developments11.12 NEDRI Spanstaal BV11.12.1 Company details11.12.2 Financial outlook11.12.3 Product summary11.12.4 Recent developments
12. List of Abbreviations
13. Reference Links
14. Conclusion
15. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Prestressed Steel Wire and Strands Market is projected to reach USD 1.404 billion by 2032, growing at a CAGR of 4.25% during the forecast period.
Prestressed Steel Wire and Strands Market grew in market size from 2021. The Market is expected to reach USD 1.404 billion by 2032, at a CAGR of 4.25% during the forecast period.
Prestressed Steel Wire and Strands Market CAGR of 4.25% during the forecast period.
You can get the sample pages by clicking the link -Click Here
Prestressed Steel Wire and Strands Market size is USD 1.404 billion from 2022 to 2032.
Prestressed Steel Wire and Strands Market Segment is Covered By Product, By Coating Type, By Application
The North America region is anticipated to have the highest market share in Prestressed Steel Wire and Strands Market.
The key players in the market include Companies Covered Baekert, CELIK HALAT ve Tel Sanayii A.S, DNA PC Strand, DWK Drahtwerke Koln GmbH, FAPRICELA – Industria de Trefilaria, Henan Hengxing Science & Technology Co. Ltd., Hjulsbro Steel AB, Hubei Fuxing New Material Technology Co. Ltd., Insteel Industries Inc., KISWIRE Ltd., Maklada , NEDRI Spanstaal BV
These are primarily used for the reinforcement of a variety of prestressed structures, including silos, major bridges, dams, buildings, foundations, and floor slabs as well as stadiums, pre-cast segments, airport hangars, anchorages, multi-story industrial buildings, crane beams, and buildings with a lot of concrete.
PLACE AN ORDER
Year End Discount
Sample Report
Pre-Purchase Inquiry
NEED CUSTOMIZATION?
Request CustomizationCALL OR EMAIL US
100% Secure Payment
Related Reports
Have a glance of the Report
Our Global Clients
Our data-driven insights have influenced the strategy of 200+ reputed companies across the globe.
