Global Grease Filled Pc Strand Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Grease Filled Pc Strand Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Grease Filled PC Strand is a twisted steel cable composed of 2, 3, 7 or 19 high strength steel wires and is stress-relieved (stabilized) for prestressed concrete or similar purposes. The surface is filled with grease to prevent corrosion of the steel.

Market Overview:

The latest research study on the global Grease Filled Pc Strand market finds that the global Grease Filled Pc Strand market reached a value of USD 4117.85 million in 2022. It’s expected that the market will achieve USD 4842.93 million by 2028, exhibiting a CAGR of 2.74% during the forecast period.

Price fluctuations of raw material

The raw material of grease filled PC strands is mainly steel, however, steel prices fluctuate seasonally, which will give bring some uncertainty for industries.

Trade protection policy

By imposing high tariffs trade wars may happen at any time between countries and countries, for example in the recent US Trump administration imposes tariffs of 25% and 10% on steel and aluminum.

Opportunities

The rapid development of the emerging market economy has promoted the demand for grease-filled PC strand. There is a huge potential for consumption in these areas, such as India. The company is vigorously developing traditional industries, such as energy, transportation, etc. which plays a great role in promoting the market of grease filled PC strand.

Region Overview:

Geographically, China held the largest market share – 48.91% in 2021.

Company Overview:

ArcelorMittal is one of the major players operating in the Grease Filled Pc Strand market, holding a share of 6.61% in 2022.

ArcelorMittal

ArcelorMittal is the world’s leading steel and mining company. Guided by a philosophy to produce safe, sustainable steel, it is the leading supplier of quality steel products in all major markets including automotive, construction, household appliances and packaging. ArcelorMittal is present in 60 countries and has an industrial footprint in 18 countries.

Tata (TATA Wiron, SIM)

Tata Group is an Indian multinational conglomerate holding company headquartered in Mumbai, Maharashtra, India. Founded in 1868 by Jamsetji Tata, the company gained international recognition after purchasing several global companies.

Segmentation Overview:

By type, 7 wires segment accounted for the largest share of market in 2021.

Application Overview:

By application, the Transport segment occupied the biggest share from 2017 to 2022.

Transport

Grease filled PC strand is popular in the concrete building as low relaxation and high strength combined steel wire units for concrete reinforcing. The multi-wire structure enables great strength in concrete pre-stressing. Especially for large-span concrete constructions in bridges, railway, highway.

Building

As low relaxation and high strength combined steel wire units for concrete reinforcing in construction buildings.

Energy

Such as coal mine and power station, grease filled PC strand can make a relaxation and high strength combined steel wire units for concrete reinforcing, which increase the degree of safety.

Key Companies in the global Grease Filled Pc Strand market covered in Chapter 3:

Yinlong
Kiswire
Sumiden Wire Products
Insteel
Tata (TATA Wiron, SIM)
Hengxing
Bekaert
Wuhan Iron & Steel
Guizhou Wire Rope Incorporated
ASLAK
Tianjin Metallurgy Group
XinHua Prestressing Strand
Tycsa PSC
Usha Martin
Fapricela
Hebei Victory Metal Product
FASTEN SUMIDEN New Material
Southern Steel
ArcelorMittal

In Chapter 4 and Chapter 14.2, on the basis of types, the Grease Filled Pc Strand market from 2018 to 2029 is primarily split into:

2 wires
3 wires
7 wires
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Grease Filled Pc Strand market from 2018 to 2029 covers:

Transport
Building
Energy
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)