Prestressed Concrete (PC) Wire and Strand Market Size, Share Report 2024-2032

 IMARC Group, a leading market research company, has recently releases report titled “Prestressed Concrete (PC) Wire and Strand Market Report by Coating Type (Uncoated PC Strand, Galvanized PC Strand, Epoxy Coated PC Strand, and Others), Type (Prestressed PC Steel Wire, Plain PC Wire, Indented PC Wire, Spiral Ribbed PC Wire), Application (Bridges, Buildings), and Region 2024-2032”, Offers a comprehensive analysis of the industry, which comprises insights on the market.

The global prestressed concrete (PC) wire and strand market size reached US$ 963.4 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,327.5 Million by 2032, exhibiting a growth rate (CAGR) of 3.52% during 2024-2032.

Prestressed concrete (PC) wire and strand is a technique in which steel wires or strands are tensioned before concrete is poured and enable the material to withstand greater loads and resist cracking. It acts as a reinforcement element in precast concrete components and provides enhanced structural integrity and load-bearing capacity. As it assists in neutralizing external forces, such as stress and compression, and provides optimal strength, durability, and long-term performance to buildings, the demand for PC wires and strands is rising around the world.

For an in-depth analysis, you can refer sample copy of the report : https://www.imarcgroup.com/prestressed-concrete-wire-strand-market/requestsample


What are the growth prospects and trends in the Prestressed Concrete (PC) Wire and Strand  industry?

Presently, the increasing utilization of PC wires and strands for constructing bridges, buildings, parking structures, hotels, auditoriums, and railway sleepers across the globe represents one of the primary factors contributing to the market growth.

Besides this, the growing demand for PC wires and strands due to the increasing remodeling and renovation activities around the world is offering a positive market outlook. In line with this, governing agencies of various countries are rapidly encouraging numerous infrastructure projects worldwide, which is propelling the growth of the market.

Moreover, the increasing demand for PC wires and strands, as they offer enhanced stability and resistance to extreme weather conditions and abrasion, is bolstering the growth of the market. Furthermore, key players are introducing advanced product variants with optimal efficiency and strength, which is strengthening the market growth.

Leading Companies Operating in the Global Prestressed Concrete (PC) Wire and Strand  Industry:

  • AL ITTEFAQ STEEL PRODUCTS CO.
  • ArcelorMittal S.A.
  • DWK Drahtwerk Köln GmbH
  • FAPRICELA
  • Guizhou Wire Rope Incorporated Company
  • Henan Hengxing Science & Technology Co. Ltd.
  • Insteel Engineers Pvt Ltd.
  • Quantum Steel
  • Southern Steel Group
  • Sumiden Wire
  • Usha Martin Ltd.

Prestressed Concrete (PC) Wire and Strand Market Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Coating Type:

  • Uncoated PC Strand
  • Galvanized PC Strand
  • Epoxy Coated PC Strand
  • Others

Breakup by Type:

  • Prestressed PC Steel Wire
  • Plain PC Wire
  • Indented PC Wire
  • Spiral Ribbed PC Wire

Breakup by Application:

  • Bridges
  • Buildings

Breakup by Region:

  • North America: (United States, Canada)
  • Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC Group’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group

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Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

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