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      Prestressed Concrete (PC) Wire and Strand Market Report, Industry Size, Share, Trends, Growth and Forecast 2022-2027

      Amit by Amit
      November 28, 2022
      in Bussiness, Uncategorized
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      Prestressed Concrete Wire and Strand Market
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      Global Prestressed Concrete (PC) Wire and Strand Market Overview (2022-2027)
      • Historical Market Size (2021): US$ 883.63 Million
      • Forecast CAGR (2022-2027): 4.20%
      • Forecast Market Size (2027): US$ 1,142.15 Million

      At 4.20% CAGR, Global Prestressed Concrete (PC) Wire and Strand Market Size & Share to Surpass US$ 24.76 Billion by 2027 | Industry Trends, Growth, Share, Opportunities, Statistics, Analysis & Forecast Report by IMARC

      What is a prestressed concrete (PC) wire and strand ?

      Prestressed concrete (PC) wire and strand represent high-grade and low-unwinding steel wires that are stress relieved or stabilized and are essentially used to counter the low-pressure characteristics innate in concrete. In terms of the coating type, it can be categorized into uncoated PC strands, galvanized pc strands, epoxy-coated PC strands, etc.

      These PC wire strand variants offer excellent stability and resistance to extreme temperature, water, abrasion, lubricity, and crack and form a key component in the manufacturing of precast concrete elements, poles, soil and rock anchors, etc. As a result, PC wire and strand models find extensive applications across various sectors, such as railroad, construction, and others.

      Impact of COVID-19:

      We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

      Request and get a sample brochure for free: https://www.imarcgroup.com/prestressed-concrete-wire-strand-market/requestsample

      What are the major market drivers in the prestressed concrete (PC) wire and strand  market ?

      The growing construction of residential and commercial buildings, on account of the rapid industrialization, urbanization, and considerable rise in renovation and remodeling activities, are primarily driving the prestressed concrete (PC) wire and strand market. In line with this, the inflating investments in constructing bridges, flyovers, auditoriums, hospitals, heritage sites, shopping malls, hospitals, and other public structures are also positively influencing the market growth.

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      Apart from this, the elevating popularity of offsite or prefab construction and the escalating usage of PC in cement poles, crane beams, multi-factory frameworks, railway sleepers, etc., are acting as significant growth-inducing factors.

      Moreover, the launch of several policies by the government bodies across countries aimed at supporting real estate and mega infrastructure projects to promote economic growth and the increasing focus among leading players on improving manufacturing technologies and introducing advanced products with optimal efficiency and strength are expected to propel the prestressed concrete (PC) wire and strand market in the coming years.

      Prestressed Concrete (PC) Wire and Strand Market Report Scope
      Report CoverageDetails
      Market size value in 2021US$ 883.63 Million
      Market forecast in 2027US$ 1,142.15 Million
      Growth RateCAGR of 4.20% from 2022 to 2027
      Base year for estimation2021
      Historical data2016-2021
      Forecast period2022-2027
      Report coverageRevenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, And Trends
      Segments coveredCoating Type, Type And Application
      Regional scopeAsia Pacific, Europe, North America, Latin America, Middle East and Africa
      Key companies profiledAL 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 and Usha Martin Ltd.
      Market DynamicsParent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,
      Customization purviewIf our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

      Get the table of contents with all detailed information: https://www.imarcgroup.com/prestressed-concrete-wire-strand-market

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      Report Segmentation:

      The report has segmented the market into the following categories:

      Breakup by Coating Type:

      Breakup by Type:

      Breakup by Application:

      By Geography:

      •             North America (United States, Canada)

      •             Europe (Germany, France, United Kingdom, Italy, Spain, Others)

      •             Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)

      •             Latin America (Brazil, Mexico, Others)

      •             Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

      List of Major Key Players:

      The major players in the market are

      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

      And Usha Martin Ltd.

      Key highlights of the report:

      • Market Performance (2016-2021)

      • Market Outlook (2022- 2027)

      • Porter’s Five Forces Analysis

      • Market Drivers and Success Factors

      • SWOT Analysis

      • Value Chain

      • Comprehensive Mapping of the Competitive Landscape

      If you need specific information that is not currently within the scope of the report, we can provide it to you 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’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.

      Read Also:  Polypropylene (PP) Production Cost Analysis Report: Manufacturing Process, Raw Materials Requirements, Variable Cost, Production Cost Summary and Key Process Information

      Contact Us:

      IMARC Services Private Limited.

      30 N Gould St Ste R

      Sheridan, WY 82801 USA – Wyoming

      Email: Sales@imarcgroup.com

      Tel No:(D) +91 120 433 0800

      Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

      Tags: Prestressed Concrete Wire and Strand MarketPrestressed Concrete Wire and Strand Market SharePrestressed Concrete Wire and Strand Market Size
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