Description
Prestressed Steel Wire and Strands Market Forecast 2030
Market Snapshot
The global Prestressed Steel Wire and Strands Market is projected to enroll a CAGR of 4.79% to arrive at USD 5,118.4 million by 2030. A noticeable element driving the development of the global market is the rising demand for prestressed steel in the structure and development industry. Prestressed steel wire and strands offer prevalent properties like high strength, bendability, great protection from erosion, flexibility, toughness, and low unwinding, driving the demand for prestressed steel wire and strands in the development business.
The rising demand for epoxy-covered prestressing steel strands in different end-use applications, for example, the railroad business is supposed to support the demand for prestressed steel strands and, consequently, favor the global market’s development in the years to follow. Similarly, the rising utilization of prestressed steel strands for energy areas in different applications, including wind turbines, atomic reactor safeguards, and condensed petroleum gas (LNG) tanks, are projected to impel the market development during the survey time frame. Besides, the developing demand for energy-productive structures is projected to set out worthwhile open doors for players working in the global prestressed steel wire and strands market.
Market Segmentation
The global Prestressed Steel Wire and Strands market segments are Product, Application, Coating Type, and Region.
By Product segment, the market is bifurcated into Wire and Strand. The Coating Type segment is made up of Uncoated, Galvanized, Epoxy Coated, HDPE Coated, and Others.
In terms of Application, the market is classified into Railroad Industry, Construction Equipment, Bridges & Flyovers, Energy, and Others
Regional Analysis
The Asia-Pacific area represented the biggest market portion of 40.65% in 2020. Europe caught the second-biggest market portion of 19.49% around the same time.
The US is a significant supporter of the market in North America. The US is the world’s third-biggest steel maker, representing around 5.4 percent of global rough steel yield, as well as one of the biggest steel clients. Prestressed Steel demand in the car, development, and oil and gas enterprises has taken off, helping the business.
Prestressed steel wire and strand is generally provided by European nations like the UK and Germany. The developing demand for prestressing steel from the auto business in the locale is probably going to help the demand for the prestressed steel wire and strands market.
China has generally been the essential motor of global prestressed steel wire and strand area development and is projected to go on before very long. Prestressed steel is generally used in different enterprises, including auto, development, foundation, energy, and others. In significant Latin American nation markets, the structure area is anticipated to restart in 2021.
Major Players
The key players in the global prestressed steel wire and strands market are DWK Drahtwerke Köln GmbH (Germany), DNA PC Strand (Turkey), Baekert (Belgium), FAPRICELA – Indústria de Trefilaria, Insteel Industries, Inc. (US), S.A. (Portugal), Ltd. (China), Hjulsbro Steel AB (Sweden), Henan Hengxing Science & Technology Co., Hubei Fuxing New Material Technology Co., Ltd (China), Maklada (Tunisia), NEDRI Spanstaal BV (Netherlands), KISWIRE Ltd. (South Korea), ORI Martin Group (Italy), Pretensados Del Norte SL (Spain), CB Trafilati Acciai S.P.A (Italy), Sumiden Wire Products Corporation (US), Trefil Union (France), TYCSA (Spain), Usha Martin Limited (India), voestalpine Group (Austria), Southern Steel Berhad Group (Malaysia), Mechel (Russia), ArcelorMittal (Luxembourg), Zhangjiagang Xinhua Prestressing Steel Strand Co.,Ltd (China), and The Siam Industrial Wire Company Limited (Thailand).
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 22
1.1 MARKET ATTRACTIVENESS ANALYSIS 24
1.1.1 GLOBAL PRESTRESSED STEEL WIRE AND STRANDS MARKET, BY PRODUCT 25
1.1.2 GLOBAL PRESTRESSED STEEL WIRE AND STRANDS MARKET, BY COATING TYPE 26
1.1.3 GLOBAL PRESTRESSED STEEL WIRE AND STRANDS MARKET, BY APPLICATION 27
1.1.4 GLOBAL PRESTRESSED STEEL WIRE AND STRANDS MARKET, BY REGION 28
2 MARKET INTRODUCTION 29
2.1 DEFINITION 29
2.2 SCOPE OF THE STUDY 29
2.3 MARKET STRUCTURE 30
3 RESEARCH METHODOLOGY 31
3.1 RESEARCH PROCESS 31
3.2 PRIMARY RESEARCH 32
3.3 SECONDARY RESEARCH 33
3.4 MARKET SIZE ESTIMATION 34
3.5 TOP-DOWN AND BOTTOM-UP APPROACH 34
3.6 FORECAST MODEL 35
3.7 LIST OF ASSUMPTIONS & LIMITATIONS 36
4 MARKET DYNAMICS 37
4.1 INTRODUCTION 37
4.2 DRIVERS 38
4.2.1 DEMAND FOR PRESTRESSED STEEL IN THE CONSTRUCTION PROJECTS 38
4.2.2 INCREASING DEMAND FOR EPOXY-COATED PRESTRESSING STEEL STRAND 39
4.3 RESTRAINTS 40
4.3.1 FLUCTUATING PRICES OF RAW MATERIALS AND RELATED REGULATIONS 40
4.4 OPPORTUNITIES 41
4.4.1 USE OF PRESTRESSED STEEL STRANDS FOR ENERGY PURPOSES 41
4.5 TRENDS 42
4.5.1 GROWING DEMAND FOR ENERGY-EFFICIENT BUILDINGS 42
5 MARKET FACTOR ANALYSIS 43
5.1 SUPPLY CHAIN ANALYSIS 43
5.1.1 RAW MATERIAL SUPPLIERS 43
5.1.2 PRESTRESSED STEEL WIRE AND STRANDS PRODUCERS 44
5.1.3 DISTRIBUTION & SALES CHANNEL 44
5.1.4 APPLICATION 44
5.2 PORTER’S FIVE FORCES ANALYSIS 45
5.2.1 THREAT OF NEW ENTRANTS 46
5.2.2 BARGAINING POWER OF SUPPLIERS 46
5.2.3 THREAT OF SUBSTITUTES 46
5.2.4 BARGAINING POWER OF BUYERS 46
5.2.5 INTENSITY OF RIVALRY 46
5.3 PRICING OVERVIEW, 2019-2021 (USD/TONS) 47
5.4 PEST ANLYSIS 47
5.5 REGULATORY FRAMEWORK 48
5.6 STEEL PRODUCTION ANALYSIS 48
5.7 TRADE DATA ANALYSIS (HS CODE 7217) 49
5.7.1 IMPORT DATA ANALYSIS, (USD) 49
5.7.2 EXPORT DATA ANALYSIS, (USD) 49
5.8 IMPACT OF COVID 19 OUTBREAK ON GLOBAL PRESTRESSED STEEL WIRE AND STRANDS MARKET 50
5.8.1 OVERVIEW 50
5.8.2 QUALITATIVE ANALYSIS ON CHANGES IN SUPPLY CHAIN 50
5.8.3 QUALITATIVE ANALYSIS ON CHANGE IN DEMAND FOR PRESTRESSED STEEL WIRE AND STRANDS INDUSTRY DUE TO COVID-19 50
6 GLOBAL PRESTRESSED STEEL WIRE & STRAND MARKET, BY PRODUCT 51
6.1 INTRODUCTION 51
6.1 WIRE 52
6.2 STRANDS 53
7 GLOBAL PRESTRESSED STEEL WIRE & STRAND MARKET, BY COATING TYPE 54
7.1 INTRODUCTION 54
7.1 UNCOATED 55
7.2 GALVANIZED 56
7.3 EPOXY COATED 56
7.4 HDPE COATED 56
7.5 OTHER 56
8 GLOBAL PRESTRESSED STEEL WIRE & STRAND MARKET, BY APPLICATION 57
8.1 INTRODUCTION 57
8.2 RAILROAD INDUSTRY 58
8.3 CONSTRUCTION EQUIPMENT 58
8.4 BRIDGES & FLYOVERS 59
8.5 ENERGY 59
8.6 OTHERS 59
9 GLOBAL PRESTRESSED STEEL WIRE & STRAND MARKET, BY REGION 60
9.1 INTRODUCTION 60
9.2 NORTH AMERICA 63
9.2.1 US 67
9.2.2 CANADA 70
9.3 EUROPE 73
9.3.1 GERMANY 78
9.3.2 RUSSIA 81
9.3.3 UK 84
9.3.4 ITALY 87
9.3.5 FRANCE 90
9.3.6 SPAIN 93
9.3.7 AUSTRIA 96
9.3.8 HUNGARY 99
9.3.9 NORWAY 102
9.3.10 POLAND 105
9.3.11 ROMANIA 108
9.3.12 CZECH REPUBLIC 111
9.3.13 ROE 114
9.4 ASIA PACIFIC 117
9.4.1 CHINA 120
9.4.2 JAPAN 124
9.4.3 INDIA 127
9.4.4 SOUTH KOREA 130
9.4.5 ROAPAC 133
9.5 LATIN AMERICA 136
9.5.1 BRAZIL 140
9.5.2 MEXICO 143
9.5.3 ARGENTINA 146
9.5.4 ROLA 149
9.6 MIDDLE EAST & AFRICA 152
9.6.1 GCC 156
9.6.2 SOUTH AFRICA 159
9.6.3 MAGHREB 162
9.6.4 EGYPT 165
9.6.5 ROMEA 168
10 COMPETITIVE LANDSCAPE 171
10.1 COMPETITIVE OVERVIEW 171
10.2 GLOBAL MARKET STRATEGY ANALYSIS 171
10.3 RECENT DEVELOPMENTS 172
10.4 COMPETITIVE BENCHMARKING 173
10.5 MARKET SHARE ANALYSIS, 2020 (%) 175
11 COMPANY PROFILES 176
11.1 BEKAERT 176
11.1.1 COMPANY OVERVIEW 176
11.1.2 FINANCIAL OVERVIEW 177
11.1.3 PRODUCTS OFFERED 178
11.1.4 KEY DEVELOPMENTS 178
11.1.5 SWOT ANALYSIS 179
11.1.6 KEY STRATEGIES 179
11.2 ÇELİK HALAT VE TEL SANAYII A.Ş 180
11.2.1 COMPANY OVERVIEW 180
11.2.2 FINANCIAL OVERVIEW 181
11.2.3 PRODUCTS OFFERED 181
11.2.4 KEY DEVELOPMENTS 182
11.2.5 SWOT ANALYSIS 182
11.2.6 KEY STRATEGIES 182
11.3 DNA PC STRAND 183
11.3.1 COMPANY OVERVIEW 183
11.3.2 FINANCIAL OVERVIEW 183
11.3.3 PRODUCTS OFFERED 183
11.3.4 KEY DEVELOPMENTS 183
11.3.5 SWOT ANALYSIS 184
11.3.6 KEY STRATEGIES 184
11.4 DWK DRAHTWERKE KÖLN GMBH 185
11.4.1 COMPANY OVERVIEW 185
11.4.2 FINANCIAL OVERVIEW 185
11.4.3 PRODUCTS OFFERED 186
11.4.4 KEY DEVELOPMENTS 186
11.4.5 SWOT ANALYSIS 186
11.4.6 KEY STRATEGIES 186
11.5 FAPRICELA – INDÚSTRIA DE TREFILARIA, S.A. 187
11.5.1 COMPANY OVERVIEW 187
11.5.2 FINANCIAL OVERVIEW 187
11.5.3 PRODUCTS OFFERED 187
11.5.4 KEY DEVELOPMENTS 187
11.5.5 SWOT ANALYSIS 188
11.5.6 KEY STRATEGIES 188
11.6 HENAN HENGXING SCIENCE & TECHNOLOGY CO., LTD 189
11.6.1 COMPANY OVERVIEW 189
11.6.2 FINANCIAL OVERVIEW 189
11.6.3 PRODUCTS OFFERED 189
11.6.4 KEY DEVELOPMENT 189
11.6.5 SWOT ANALYSIS 190
11.6.6 KEY STRATEGIES 190
11.7 HJULSBRO STEEL AB 191
11.7.1 COMPANY OVERVIEW 191
11.7.2 FINANCIAL OVERVIEW 191
11.7.3 PRODUCTS OFFERED 191
11.7.4 KEY DEVELOPMENT 191
11.7.5 SWOT ANALYSIS 192
11.7.6 KEY STRATEGIES 192
11.8 HUBEI FUXING NEW MATERIAL TECHNOLOGY CO., LTD 193
11.8.1 COMPANY OVERVIEW 193
11.8.2 FINANCIAL OVERVIEW 193
11.8.3 PRODUCTS OFFERED 193
11.8.4 KEY DEVELOPMENTS 193
11.8.5 SWOT ANALYSIS 194
11.8.6 KEY STRATEGIES 194
11.9 INSTEEL INDUSTRIES, INC. 195
11.9.1 COMPANY OVERVIEW 195
11.9.2 FINANCIAL OVERVIEW 196
11.9.3 PRODUCTS OFFERED 197
11.9.4 KEY DEVELOPMENTS 197
11.9.5 SWOT ANALYSIS 198
11.9.6 KEY STRATEGIES 198
11.10 KISWIRE LTD. 199
11.10.1 COMPANY OVERVIEW 199
11.10.2 FINANCIAL OVERVIEW 199
11.10.3 PRODUCTS OFFERED 199
11.10.4 KEY DEVELOPMENTS 199
11.10.5 SWOT ANALYSIS 200
11.10.6 KEY STRATEGIES 200
11.11 MAKLADA 201
11.11.1 COMPANY OVERVIEW 201
11.11.2 FINANCIAL OVERVIEW 201
11.11.3 PRODUCTS OFFERED 201
11.11.4 KEY DEVELOPMENTS 201
11.11.5 SWOT ANALYSIS 202
11.11.6 KEY STRATEGIES 202
11.12 NEDRI SPANSTAAL BV 203
11.12.1 COMPANY OVERVIEW 203
11.12.2 FINANCIAL OVERVIEW 203
11.12.3 PRODUCTS OFFERED 203
11.12.4 KEY DEVELOPMENTS 203
11.12.5 SWOT ANALYSIS 204
11.12.6 KEY STRATEGIES 204
11.13 ORI MARTIN GROUP 205
11.13.1 COMPANY OVERVIEW 205
11.13.2 FINANCIAL OVERVIEW 205
11.13.3 PRODUCTS OFFERED 206
11.13.4 KEY DEVELOPMENTS 206
11.13.5 SWOT ANALYSIS 206
11.13.6 KEY STRATEGIES 206
11.14 PRETENSADOS DEL NORTE SL 207
11.14.1 COMPANY OVERVIEW 207
11.14.2 FINANCIAL OVERVIEW 207
11.14.3 PRODUCTS OFFERED 207
11.14.4 KEY DEVELOPMENTS 207
11.14.5 SWOT ANALYSIS 208
11.14.6 KEY STRATEGIES 208
11.15 SBN RUNOWO SP. Z O.O. 209
11.15.1 COMPANY OVERVIEW 209
11.15.2 FINANCIAL OVERVIEW 209
11.15.3 PRODUCTS OFFERED 209
11.15.4 KEY DEVELOPMENTS 209
11.15.5 SWOT ANALYSIS 210
11.15.6 KEY STRATEGIES 210
11.16 ZHANGJIAGANG XINHUA PRESTRESSING STEEL STRAND CO., LTD 211
11.16.1 COMPANY OVERVIEW 211
11.16.2 FINANCIAL OVERVIEW 211
11.16.3 PRODUCTS OFFERED 211
11.16.4 KEY DEVELOPMENTS 211
11.16.5 SWOT ANALYSIS 212
11.16.6 KEY STRATEGIES 212
11.17 CB TRAFILATI ACCIAI S.P.A. 213
11.17.1 COMPANY OVERVIEW 213
11.17.2 FINANCIAL OVERVIEW 213
11.17.3 PRODUCTS OFFERED 213
11.17.4 KEY DEVELOPMENTS 213
11.17.5 SWOT ANALYSIS 214
11.17.6 KEY STRATEGIES 214
11.18 SUMIDEN WIRE 215
11.18.1 COMPANY OVERVIEW 215
11.18.2 FINANCIAL OVERVIEW 215
11.18.3 PRODUCTS OFFERED 215
11.18.4 KEY DEVELOPMENTS 216
11.18.5 SWOT ANALYSIS 216
11.18.6 KEY STRATEGIES 216
11.19 TREFIL UNION 217
11.19.1 COMPANY OVERVIEW 217
11.19.2 FINANCIAL OVERVIEW 217
11.19.3 PRODUCTS OFFERED 217
11.19.4 KEY DEVELOPMENTS 217
11.19.5 SWOT ANALYSIS 218
11.19.6 KEY STRATEGIES 218
11.20 TYCSA PSC 219
11.20.1 COMPANY OVERVIEW 219
11.20.2 FINANCIAL OVERVIEW 219
11.20.3 PRODUCTS OFFERED 219
11.20.4 KEY DEVELOPMENTS 219
11.20.5 SWOT ANALYSIS 220
11.20.6 KEY STRATEGIES 220
11.21 USHA MARTIN LIMITED 221
11.21.1 COMPANY OVERVIEW 221
11.21.2 FINANCIAL OVERVIEW 222
11.21.3 PRODUCTS OFFERED 223
11.21.4 KEY DEVELOPMENTS 223
11.21.5 SWOT ANALYSIS 224
11.21.6 KEY STRATEGIES 224
11.22 VOESTALPINE GROUP 225
11.22.1 COMPANY OVERVIEW 225
11.22.2 FINANCIAL OVERVIEW 226
11.22.3 PRODUCTS OFFERED 227
11.22.4 KEY DEVELOPMENTS 227
11.22.5 SWOT ANALYSIS 228
11.22.6 KEY STRATEGIES 228
11.23 SOUTHERN STEEL BERHAD GROUP 229
11.23.1 COMPANY OVERVIEW 229
11.23.2 FINANCIAL OVERVIEW 229
11.23.3 PRODUCTS OFFERED 230
11.23.4 KEY DEVELOPMENTS 230
11.23.5 SWOT ANALYSIS 230
11.23.6 KEY STRATEGIES 230
11.24 MECHEL 231
11.24.1 COMPANY OVERVIEW 231
11.24.2 FINANCIAL OVERVIEW 231
11.24.3 PRODUCTS OFFERED 232
11.24.4 KEY DEVELOPMENTS 232
11.24.5 SWOT ANALYSIS 232
11.24.6 KEY STRATEGIES 232
11.25 AL ITTEFAQ STEEL PRODUCTS CO. 233
11.25.1 COMPANY OVERVIEW 233
11.25.2 FINANCIAL OVERVIEW 233
11.25.3 PRODUCTS OFFERED 233
11.25.4 KEY DEVELOPMENTS 233
11.25.5 SWOT ANALYSIS 234
11.25.6 KEY STRATEGIES 234
11.26 ARCELORMITTAL 235
11.26.1 COMPANY OVERVIEW 235
11.26.2 FINANCIAL OVERVIEW 236
11.26.3 PRODUCTS OFFERED 236
11.26.4 KEY DEVELOPMENTS 237
11.26.5 SWOT ANALYSIS 237
11.26.6 KEY STRATEGIES 237
11.27 THE SIAM INDUSTRIAL WIRE COMPANY LIMITED 238
11.27.1 COMPANY OVERVIEW 238
11.27.2 FINANCIAL OVERVIEW 238
11.27.3 PRODUCTS OFFERED 239
11.27.4 KEY DEVELOPMENTS 239
11.27.5 SWOT ANALYSIS 240
11.27.6 KEY STRATEGIES 240
12 APPENDIX 241
12.1 REFERENCES 241
12.2 RELATED REPORTS 242
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