Global PC Wire & Strand Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview

of Global PC Wire & Strand market:
The latest research study on the global PC Wire & Strand market finds that the global PC Wire & Strand market reached a value of USD 3727.58 million in 2022. It’s expected that the market will achieve USD 4493.66 million by 2028, exhibiting a CAGR of 3.16% during the forecast period.

The artificial compression stress applied to neutralize tensile stress deployed by exterior force is known as prestress. The structures constructed with prestress is called PC. The wire or strand used on PC structure is known as PC wire or strand. When force is applied to the concrete, prestressing is introduced to counter the stresses resulting from the applied load. PC wires and strands are used as a medium to attain a force that can neutralize external forces such as stress or compression. Manufacturing and designing of high quality PC wires and strands have been a priority for top vendors in the market. They form an integral part of bridges and commercial and residential building constructions.

Strength
The rapid development of the construction industry.
Promoted by government policies in developing countries.
Infrastructure enhancements.

Weakness
In some areas, the supply of raw materials is tight and production is limited.

Threat
Fluctuation price of raw materials.
Trade war and local war.

Opportunity
Development and application of new materials.
Research and development of reinforcement technology.

Region Overview:
From 2023-2028, Asia Pacific is estimated to witness robust growth prospects.

Company Overview:
ArcelorMittal is one of the major players operating in the PC Wire & Strand market, holding a share of 9.77% in 2019.

WireSolutions, a subsidiary of ArcelorMittal, is one of the world's largest drawers, offering a wide range of low carbon and high carbon wire, strand, rope and corrosion resistant solutions. WireSolutions is committed to developing steel specifications and processes. To produce the highest quality prestressed steel wire and steel strands.

KISWIRE Ltd. is engaged in the manufacture and sale of steel wire products. Its products include oil-hardened wire and profiled wire, spring wire, tire reinforcement, galvanized steel wire and steel strand, pc steel wire and steel strand, hose wire, bridge wire rope, wire rope and superconducting wire.

Segmentation Overview:
Among different product types, Uncoated PC Strand segment is anticipated to contribute the largest market share in 2028.

Application Overview:
By application, the Bridges segment occupied the biggest share from 2018 to 2022.

The report covers a research time span from 2018 to 2029; combines extensive quantitative analysis and exhaustive qualitative analysis; presents not only an overview of the global PC Wire & Strand market in metrics of sales, revenue, growth rate, but also a deeper dive into the segmented market by region, product type and downstream industry, showing the readers a clear and distinct picture of how the market is distributed from different perspectives.

For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.

As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.

Research Scope
This report provides an overview of the global PC Wire & Strand market and analyzes the segmented market by product type, downstream industry, and region, presenting data points such as sales, revenue, growth rate, explaining the current status and future trends of the PC Wire & Strand and its sub-markets in an intuitive way.

Key Companies in the global PC Wire & Strand market covered in Chapter 3:
Bekaert.com
ArcelorMittal
SLM - ITALIE
FAPRECELA
MAADANYA
The Siam Industrial Wire Company
QUIJANO
Tycsa PSC
STALCOR
Henan Hengxing Science & Technology
Shagang Group
Sumiden Wire
KISWIRE

In Chapter 4 and Chapter 14.2, on the basis of types, the PC Wire & Strand market from 2018 to 2029 is primarily split into:
Uncoated PC Strand
Uncoated PC Wire
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the PC Wire & Strand market from 2018 to 2029 covers:
Bridges
Buildings
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)

Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)

Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)

Latin America (Brazil, Mexico, Argentina)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)

Key Factors Considered

COVID-19
Amid the COVID-19 crisis, the PC Wire & Strand market has definitely taken a hit. The report describes the market scenario during and post the pandemic in the vision of upstream raw materials, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.

Regional Conflict / Russia-Ukraine War
The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it’s going to evolve in the years to come.

Challenges & Opportunities
Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.

Chapter Outline

Chapter 1 starts the report with a brief overview of the research scope, as well as the definitions of the target market and the subdivisions.

Chapter 2 integrates and sketches the research findings and conclusions in a clear and explicit way.

Chapter 3 presents the competitive landscape by displaying the sales, revenue, and market shares of the top players. It also profiles the major market participants with their business introductions, sales, price, revenue, gross, growth rates, etc.

Chapter 4 breaks down the market by different product types and shares data correspondingly with the aim of helping the readers know how the market is distributed by type.

Chapter 5 segments the market by downstream industry, with data covers sales, revenue, and growth rate tracing back to 2018.

Chapter 6 is the analysis of the whole market industrial chain, ranging from upstream raw materials to downstream customers, with regional conflicts taken into consideration.

Chapter 7 elaborates on market dynamics. Factors that drive, challenge, or restrain the market are all listed, together with industry news, opportunities, impacts of COVID-19, and SWOT analysis.

Chapter 8 shows the breakdown data at the regional level, which enables the readers to picture the regional competitive pattern of the market and learn about the revenue, sales, and market share of all the major regions.

Chapter 9-13 focus on each and every of the major region, specifically, North America, Europe, Asia Pacific, Latin America, Middle East & Africa. Sales, price, revenue, gross, gross margin, among others, will be all be presented.

Chapter 14 forecasts the future trend of the market not only as a whole but also from the perspective of all segments.

Years considered for this report:

Historical Years:

2018-2022

Base Year:

2022

Estimated Year:

2023

Forecast Period:

2023-2029

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