Prestressed Steel Wire and Strands Market Size- By Product, By Coating Type, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
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.
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.
Scope of the Report:
Report Metric Details
Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032
Segments coveredBy Product, By Coating Type, By Application
Regions coveredAsia-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, Insteel Industries Inc., KISWIRE Ltd., Maklada , NEDRI Spanstaal BV
Global Prestressed Steel Wire and Strands Market Segmentation:
By Product:Based on the Product, Global Prestressed Steel Wire and Strands Market is segmented as; Strand, Wire.
By Application:Based on the Application, Global Prestressed Steel Wire and Strands Market is segmented as; Bridges & Flyovers, Construction Equipment, Energy, Railroad Industry, Others.
By Region:The market with the largest share is in Asia Pacific. The second-best performer in the market is from Europe. In the Asia Pacific, China produces the most prestressed steel wires and strands, followed by Japan, India, and Korea.
- 1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
- 2. Research Methodology
- 2.1 Research data source
- 2.1.1 Secondary data
- 2.1.2 Primary data
- 2.1.3 SPER’s internal database
- 2.1.4 Premium insight from KOL’s
- 2.2 Market size estimation
- 2.2.1 Top-down and Bottom-up approach
- 2.3 Data triangulation
- 3. Executive Summary
- 4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1 Drivers
- 4.1.2 Restraints
- 4.1.3 Opportunities
- 4.1.4 Challenges
- 4.2. COVID-19 Impacts of the Global Prestressed Steel Wire and Strands Market
- 5. Market variables and outlook
- 5.1. SWOT analysis
- 5.1.1 Strengths
- 5.1.2 Weaknesses
- 5.1.3 Opportunities
- 5.1.4 Threats
- 5.2. PESTEL analysis
- 5.2.1 Political landscape
- 5.2.2 Economic landscape
- 5.2.3 Social landscape
- 5.2.4 Technological landscape
- 5.2.5 Environmental landscape
- 5.2.6 Legal landscape
- 5.3. PORTER’S five forces analysis
- 5.3.1 Bargaining power of suppliers
- 5.3.2 Bargaining power of Buyers
- 5.3.3 Threat of Substitute
- 5.3.4 Threat of new entrant
- 5.3.5 Competitive rivalry
- 5.4. Heat map analysis
- 6. Competitive Landscape
- 6.1 Global Prestressed Steel Wire and Strands Manufacturing Base Distribution, Sales Area, Product Type
- 6.2 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 Strand
- 7.2 Wire
- 8. Global Prestressed Steel Wire and Strands Market, By Coating Type, 2019-2032 (USD Million)
- 8.1 Epoxy Coated
- 8.2 Galvanized
- 8.3 HDPE Coated
- 8.4 Uncoated
- 8.5 Others
- 9. Global Prestressed Steel Wire and Strands Market, By Application,2019-2032 (USD Million)
- 9.1 Bridges & Flyovers
- 9.2 Construction Equipment
- 9.3 Energy
- 9.4 Railroad Industry
- 9.5 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 Australia
- 10.3.2 China
- 10.3.3 India
- 10.3.4 Japan
- 10.3.5 South Korea
- 10.3.6 Rest of Asia-Pacific
- 10.4 Europe
- 10.4.1 France
- 10.4.2 Germany
- 10.4.3 Italy
- 10.4.4 Spain
- 10.4.5 United Kingdom
- 10.4.6 Rest of Europe
- 10.5 Middle East and Africa
- 10.5.1 Kingdom of Saudi Arabia
- 10.5.2 United Arab Emirates
- 10.5.3 Rest of Middle East & Africa
- 10.6 North America
- 10.6.1 Canada
- 10.6.2 Mexico
- 10.6.3 United States
- 10.7 Latin America
- 10.7.1 Argentina
- 10.7.2 Brazil
- 10.7.3 Rest of Latin America
- 11. Company Profiles
- 11.1 Baekert
- 11.1.1 Company details
- 11.1.2 Financial outlook
- 11.1.3 Product summary
- 11.1.4 Recent developments
- 11.2 CELIK HALAT ve Tel Sanayii A.S
- 11.2.1 Company details
- 11.2.2 Financial outlook
- 11.2.3 Product summary
- 11.2.4 Recent developments
- 11.3 DNA PC Strand
- 11.3.1 Company details
- 11.3.2 Financial outlook
- 11.3.3 Product summary
- 11.3.4 Recent developments
- 11.4 DWK Drahtwerke Koln GmbH
- 11.4.1 Company details
- 11.4.2 Financial outlook
- 11.4.3 Product summary
- 11.4.4 Recent developments
- 11.5 FAPRICELA – Industria de Trefilaria
- 11.5.1 Company details
- 11.5.2 Financial outlook
- 11.5.3 Product summary
- 11.5.4 Recent developments
- 11.6 Henan Hengxing Science & Technology Co. Ltd.
- 11.6.1 Company details
- 11.6.2 Financial outlook
- 11.6.3 Product summary
- 11.6.4 Recent developments
- 11.7 Hjulsbro Steel AB
- 11.7.1 Company details
- 11.7.2 Financial outlook
- 11.7.3 Product summary
- 11.7.4 Recent developments
- 11.8 Hubei Fuxing New Material Technology Co. Ltd.
- 11.8.1 Company details
- 11.8.2 Financial outlook
- 11.8.3 Product summary
- 11.8.4 Recent developments
- 11.9 Insteel Industries Inc.
- 11.9.1 Company details
- 11.9.2 Financial outlook
- 11.9.3 Product summary
- 11.9.4 Recent developments
- 11.10 KISWIRE Ltd.
- 11.10.1 Company details
- 11.10.2 Financial outlook
- 11.10.3 Product summary
- 11.10.4 Recent developments
- 11.11 Maklada
- 11.11.1 Company details
- 11.11.2 Financial outlook
- 11.11.3 Product summary
- 11.11.4 Recent developments
- 11.12 NEDRI Spanstaal BV
- 11.12.1 Company details
- 11.12.2 Financial outlook
- 11.12.3 Product summary
- 11.12.4 Recent developments
- 12. List of Abbreviations
- 13. Reference Links
- 14. Conclusion
- 15. Research Scope
Research Assistance
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