Global Prestressed Concrete Steel Strand Market Growth 2025-2031

Global Prestressed Concrete Steel Strand Market Growth 2025-2031

The global Prestressed Concrete Steel Strand market size is predicted to grow from US$ 3643 million in 2025 to US$ 4248 million in 2031; it is expected to grow at a CAGR of 2.6% from 2025 to 2031.

Prestressed steel strand is a type of stranded cable composed of 2, 3, 7 or more high strength steel wires, and the stress relief force processing (processing), suitable for prestressed concrete or similar purposes, such as large-span bridges on railway and highway, flyover, LNG tanks, multi-storey industrial buildings, stadiums, nuclear reactors and etc.

Asia-Pacific is the largest Prestressed Concrete Steel Strand market with about 73% market share. North America is follower, accounting for about 9% market share.

The key players are Insteel, Sumiden, Strand-tech Martin, Tata Iron and Steel, Siam Industrial Wire, Southern PC, Tycsa PSC, Kiswire, Usha Martin, Fapricela, Gulf Steel Strands, ASLAK, AL-FAISAL STEEL, Xinhua Metal, Tianjin Metallurgical, Hengli, Hengxing, Fasten, Huaxin, Hunan Xianghui, Silvery Dragon, Shengte, Longtai Rare Earth & New Materials, Fuxing Keji etc. Top 3 companies occupied about 14% market share.

LP Information, Inc. (LPI) ' newest research report, the “Prestressed Concrete Steel Strand Industry Forecast” looks at past sales and reviews total world Prestressed Concrete Steel Strand sales in 2024, providing a comprehensive analysis by region and market sector of projected Prestressed Concrete Steel Strand sales for 2025 through 2031. With Prestressed Concrete Steel Strand sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Prestressed Concrete Steel Strand industry.

This Insight Report provides a comprehensive analysis of the global Prestressed Concrete Steel Strand landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Prestressed Concrete Steel Strand portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Prestressed Concrete Steel Strand market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Prestressed Concrete Steel Strand and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Prestressed Concrete Steel Strand.

This report presents a comprehensive overview, market shares, and growth opportunities of Prestressed Concrete Steel Strand market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Bare PC Strand
Grease Filled PC Strand
Wax Filled PC Strand
Others

Segmentation by Application:
Transport
Building
Energy
Water Conservancy
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Insteel
Sumiden
Strand-tech Martin
Tata Iron and Steel
Siam Industrial Wire
Southern PC
Tycsa PSC
Kiswire
Usha Martin
Fapricela
Gulf Steel Strands
ASLAK
AL-FAISAL STEEL
Xinhua Metal
Tianjin Metallurgical
Hengli
Hengxing
Fasten
Huaxin
Hunan Xianghui
Silvery Dragon
Shengte
Longtai Rare Earth & New Materials
Fuxing Keji

Key Questions Addressed in this Report

What is the 10-year outlook for the global Prestressed Concrete Steel Strand market?

What factors are driving Prestressed Concrete Steel Strand market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Prestressed Concrete Steel Strand market opportunities vary by end market size?

How does Prestressed Concrete Steel Strand break out by Type, by Application?