PUBLISHER: KBV Research | PRODUCT CODE: 1374308
PUBLISHER: KBV Research | PRODUCT CODE: 1374308
North America Prestressed Concrete (PC) Wire and Strand Market Size, Share & Industry Trends Analysis Report By Type, By End User Industry (Infrastructure and Building Construction), By Application, By Country and Growth Forecast, 2023 - 2030
The North America Prestressed Concrete (PC) Wire and Strand Market would witness market growth of 4.6% CAGR during the forecast period (2023-2030).
PC wires and strands are primarily used in the construction industry for various applications, including bridges, highways, buildings, parking structures, and other infrastructure projects. They are especially beneficial in projects that require long spans and high load-bearing capacities. Prestressed concrete offers several advantages, including increased structural stability, reduced cracking, longer service life, and building longer spans with fewer supports. PC wires and strands are critical to achieving these benefits. The market's growth is closely tied to the construction industry. Population growth, urbanization, and infrastructure development in emerging economies generate demand for PC wire and strand products.
Some key players in this market include ArcelorMittal, Insteel Industries, Sumiden Wire, Bekaert, and others. Depending on the specific project requirements, PC wires and strands come in various types and sizes. Common types include low-relaxation and high-relaxation strands, seven-wire strands, and mono strand cables. Some notable trends in the market include the development of high-strength and corrosion-resistant materials, advancements in manufacturing technologies, and increased sustainability efforts in the construction industry. The production and use of PC wire and strand products are subject to industry standards and regulations to ensure safety and quality in construction projects.
Urban centers in Canada are witnessing a surge in high-rise residential and commercial building construction. Prestressed concrete, reinforced with PC wire and strand, is commonly used to construct these tall buildings' structural elements. As urban populations grow, there is a continuous need for infrastructure development and maintenance. PC wire and strands play a vital role in the construction of bridges, viaducts, highways, and public transportation systems in cities across Canada. According to Statistics Canada, in 2021, nearly three-quarters (73.7%) of Canadians resided in one of the country's major urban centers, up from 73.2% in 2016. Known as census metropolitan areas (CMAs), these significant urban areas with populations of 100,000 or more accounted for the majority of Canada's population growth (+5.2%) between 2016 and 2021. The continued urbanization in the region and the demand for modern and sustainable urban infrastructure will likely drive the growth of the regional market.
The US market dominated the North America Prestressed Concrete (PC) Wire and Strand Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $807.2 million by 2030. The Canada market is showcasing a CAGR of 7% during (2023 - 2030). Additionally, The Mexico market would experience a CAGR of 6.1% during (2023 - 2030).
Based on Type, the market is segmented into 7 Wire Strand, 3 Wire Strand and Others. Based on End User Industry, the market is segmented into Infrastructure and Building Construction. Based on Application, the market is segmented into Pre-tensioning, Bonded Post-tensioning and Unbonded Post-tensioning. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ArcelorMittal S.A., Sumitomo Electric Industries, Ltd., TATA Steel Limited (TATA Group and Tata Sons Pvt. Ltd.), N.V. Bekaert S.A., Kiswire LTD., Miki Steel Works Pvt. Ltd. (Miki Group Of Companies), Insteel Industries, Inc., TMG Global Pte Ltd., Kataria Group, and Usha Martin Limited.
Scope of the Study
Market Segments covered in the Report:
By Type
- 7 Wire Strand
- 3 Wire Strand
- Others
By End User Industry
- Infrastructure
- Building Construction
By Application
- Pre-tensioning
- Bonded Post-tensioning
- Unbonded Post-tensioning
By Country
- US
- Canada
- Mexico
- Rest of North America
Companies Profiled
- ArcelorMittal S.A.
- Sumitomo Electric Industries, Ltd.
- TATA Steel Limited (TATA Group and Tata Sons Pvt. Ltd.)
- N.V. Bekaert S.A.
- Kiswire LTD.
- Miki Steel Works Pvt. Ltd. (Miki Group Of Companies)
- Insteel Industries, Inc.
- TMG Global Pte Ltd.
- Kataria Group
- Usha Martin Limited
Unique Offerings from KBV Research
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Prestressed Concrete (PC) Wire and Strand Market, by Type
- 1.4.2 North America Prestressed Concrete (PC) Wire and Strand Market, by End User Industry
- 1.4.3 North America Prestressed Concrete (PC) Wire and Strand Market, by Application
- 1.4.4 North America Prestressed Concrete (PC) Wire and Strand Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.3 Porter Five Forces Analysis
Chapter 4. North America Prestressed Concrete (PC) Wire and Strand Market by Type
- 4.1 North America 7 Wire Strand Market by Country
- 4.2 North America 3 Wire Strand Market by Country
- 4.3 North America Others Market by Country
Chapter 5. North America Prestressed Concrete (PC) Wire and Strand Market by End User Industry
- 5.1 North America Infrastructure Market by Country
- 5.2 North America Building Construction Market by Country
Chapter 6. North America Prestressed Concrete (PC) Wire and Strand Market by Application
- 6.1 North America Pre-tensioning Market by Country
- 6.2 North America Bonded Post-tensioning Market by Country
- 6.3 North America Unbonded Post-tensioning Market by Country
Chapter 7. North America Prestressed Concrete (PC) Wire and Strand Market by Country
- 7.1 US Prestressed Concrete (PC) Wire and Strand Market
- 7.1.1 US Prestressed Concrete (PC) Wire and Strand Market by Type
- 7.1.2 US Prestressed Concrete (PC) Wire and Strand Market by End User Industry
- 7.1.3 US Prestressed Concrete (PC) Wire and Strand Market by Application
- 7.2 Canada Prestressed Concrete (PC) Wire and Strand Market
- 7.2.1 Canada Prestressed Concrete (PC) Wire and Strand Market by Type
- 7.2.2 Canada Prestressed Concrete (PC) Wire and Strand Market by End User Industry
- 7.2.3 Canada Prestressed Concrete (PC) Wire and Strand Market by Application
- 7.3 Mexico Prestressed Concrete (PC) Wire and Strand Market
- 7.3.1 Mexico Prestressed Concrete (PC) Wire and Strand Market by Type
- 7.3.2 Mexico Prestressed Concrete (PC) Wire and Strand Market by End User Industry
- 7.3.3 Mexico Prestressed Concrete (PC) Wire and Strand Market by Application
- 7.4 Rest of North America Prestressed Concrete (PC) Wire and Strand Market
- 7.4.1 Rest of North America Prestressed Concrete (PC) Wire and Strand Market by Type
- 7.4.2 Rest of North America Prestressed Concrete (PC) Wire and Strand Market by End User Industry
- 7.4.3 Rest of North America Prestressed Concrete (PC) Wire and Strand Market by Application
Chapter 8. Company Profiles
- 8.1 ArcelorMittal S.A.
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
- 8.1.3 Segmental and Regional Analysis
- 8.1.4 Research & Development Expenses
- 8.1.5 SWOT Analysis
- 8.2 Sumitomo Electric Industries, Ltd.
- 8.2.1 Company Overview
- 8.2.2 Financial Analysis
- 8.2.3 Segmental and Regional Analysis
- 8.2.4 Research & Development Expenses
- 8.2.5 SWOT Analysis
- 8.3 Tata Steel Limited (TATA Group) (Tata Sons Pvt. Ltd.)
- 8.3.1 Company Overview
- 8.3.2 Financial Analysis
- 8.3.3 Segmental and Regional Analysis
- 8.3.4 Research & Development Expenses
- 8.3.5 SWOT Analysis
- 8.4 N.V. Bekaert S.A.
- 8.4.1 Company Overview
- 8.4.2 Financial Analysis
- 8.4.3 Segmental and Regional Analysis
- 8.4.4 Research & Development Expenses
- 8.4.5 SWOT Analysis
- 8.5 Kiswire Ltd.
- 8.5.1 Company Overview
- 8.5.2 SWOT Analysis
- 8.6 Miki Steel Works Pvt. Ltd. (Miki Group of Companies)
- 8.6.1 Company Overview
- 8.6.2 SWOT Analysis
- 8.7 Insteel Industries, Inc.
- 8.7.1 Company Overview
- 8.7.2 Financial Analysis
- 8.7.3 Segmental and Regional Analysis
- 8.7.4 Recent strategies and developments:
- 8.7.4.1 Acquisition and Mergers:
- 8.7.5 SWOT Analysis
- 8.8 TMG Global Pte Ltd.
- 8.8.1 Company Overview
- 8.9 Kataria Group
- 8.9.1 Company Overview
- 8.9.2 SWOT Analysis
- 8.10. Usha Martin Limited
- 8.10.1 Company Overview
- 8.10.2 Financial Analysis
- 8.10.3 Segmental and Regional Analysis
- 8.10.4 Research & Development Expenses
- 8.10.5 SWOT Analysis
LIST OF TABLES
- TABLE 1 North America Prestressed Concrete (PC) Wire and Strand Market, 2019 - 2022, USD Million
- TABLE 2 North America Prestressed Concrete (PC) Wire and Strand Market, 2023 - 2030, USD Million
- TABLE 3 North America Prestressed Concrete (PC) Wire and Strand Market by Type, 2019 - 2022, USD Million
- TABLE 4 North America Prestressed Concrete (PC) Wire and Strand Market by Type, 2023 - 2030, USD Million
- TABLE 5 North America 7 Wire Strand Market by Country, 2019 - 2022, USD Million
- TABLE 6 North America 7 Wire Strand Market by Country, 2023 - 2030, USD Million
- TABLE 7 North America 3 Wire Strand Market by Country, 2019 - 2022, USD Million
- TABLE 8 North America 3 Wire Strand Market by Country, 2023 - 2030, USD Million
- TABLE 9 North America Others Market by Country, 2019 - 2022, USD Million
- TABLE 10 North America Others Market by Country, 2023 - 2030, USD Million
- TABLE 11 North America Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2019 - 2022, USD Million
- TABLE 12 North America Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2023 - 2030, USD Million
- TABLE 13 North America Infrastructure Market by Country, 2019 - 2022, USD Million
- TABLE 14 North America Infrastructure Market by Country, 2023 - 2030, USD Million
- TABLE 15 North America Building Construction Market by Country, 2019 - 2022, USD Million
- TABLE 16 North America Building Construction Market by Country, 2023 - 2030, USD Million
- TABLE 17 North America Prestressed Concrete (PC) Wire and Strand Market by Application, 2019 - 2022, USD Million
- TABLE 18 North America Prestressed Concrete (PC) Wire and Strand Market by Application, 2023 - 2030, USD Million
- TABLE 19 North America Pre-tensioning Market by Country, 2019 - 2022, USD Million
- TABLE 20 North America Pre-tensioning Market by Country, 2023 - 2030, USD Million
- TABLE 21 North America Bonded Post-tensioning Market by Country, 2019 - 2022, USD Million
- TABLE 22 North America Bonded Post-tensioning Market by Country, 2023 - 2030, USD Million
- TABLE 23 North America Unbonded Post-tensioning Market by Country, 2019 - 2022, USD Million
- TABLE 24 North America Unbonded Post-tensioning Market by Country, 2023 - 2030, USD Million
- TABLE 25 North America Prestressed Concrete (PC) Wire and Strand Market by Country, 2019 - 2022, USD Million
- TABLE 26 North America Prestressed Concrete (PC) Wire and Strand Market by Country, 2023 - 2030, USD Million
- TABLE 27 US Prestressed Concrete (PC) Wire and Strand Market, 2019 - 2022, USD Million
- TABLE 28 US Prestressed Concrete (PC) Wire and Strand Market, 2023 - 2030, USD Million
- TABLE 29 US Prestressed Concrete (PC) Wire and Strand Market by Type, 2019 - 2022, USD Million
- TABLE 30 US Prestressed Concrete (PC) Wire and Strand Market by Type, 2023 - 2030, USD Million
- TABLE 31 US Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2019 - 2022, USD Million
- TABLE 32 US Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2023 - 2030, USD Million
- TABLE 33 US Prestressed Concrete (PC) Wire and Strand Market by Application, 2019 - 2022, USD Million
- TABLE 34 US Prestressed Concrete (PC) Wire and Strand Market by Application, 2023 - 2030, USD Million
- TABLE 35 Canada Prestressed Concrete (PC) Wire and Strand Market, 2019 - 2022, USD Million
- TABLE 36 Canada Prestressed Concrete (PC) Wire and Strand Market, 2023 - 2030, USD Million
- TABLE 37 Canada Prestressed Concrete (PC) Wire and Strand Market by Type, 2019 - 2022, USD Million
- TABLE 38 Canada Prestressed Concrete (PC) Wire and Strand Market by Type, 2023 - 2030, USD Million
- TABLE 39 Canada Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2019 - 2022, USD Million
- TABLE 40 Canada Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2023 - 2030, USD Million
- TABLE 41 Canada Prestressed Concrete (PC) Wire and Strand Market by Application, 2019 - 2022, USD Million
- TABLE 42 Canada Prestressed Concrete (PC) Wire and Strand Market by Application, 2023 - 2030, USD Million
- TABLE 43 Mexico Prestressed Concrete (PC) Wire and Strand Market, 2019 - 2022, USD Million
- TABLE 44 Mexico Prestressed Concrete (PC) Wire and Strand Market, 2023 - 2030, USD Million
- TABLE 45 Mexico Prestressed Concrete (PC) Wire and Strand Market by Type, 2019 - 2022, USD Million
- TABLE 46 Mexico Prestressed Concrete (PC) Wire and Strand Market by Type, 2023 - 2030, USD Million
- TABLE 47 Mexico Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2019 - 2022, USD Million
- TABLE 48 Mexico Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2023 - 2030, USD Million
- TABLE 49 Mexico Prestressed Concrete (PC) Wire and Strand Market by Application, 2019 - 2022, USD Million
- TABLE 50 Mexico Prestressed Concrete (PC) Wire and Strand Market by Application, 2023 - 2030, USD Million
- TABLE 51 Rest of North America Prestressed Concrete (PC) Wire and Strand Market, 2019 - 2022, USD Million
- TABLE 52 Rest of North America Prestressed Concrete (PC) Wire and Strand Market, 2023 - 2030, USD Million
- TABLE 53 Rest of North America Prestressed Concrete (PC) Wire and Strand Market by Type, 2019 - 2022, USD Million
- TABLE 54 Rest of North America Prestressed Concrete (PC) Wire and Strand Market by Type, 2023 - 2030, USD Million
- TABLE 55 Rest of North America Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2019 - 2022, USD Million
- TABLE 56 Rest of North America Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2023 - 2030, USD Million
- TABLE 57 Rest of North America Prestressed Concrete (PC) Wire and Strand Market by Application, 2019 - 2022, USD Million
- TABLE 58 Rest of North America Prestressed Concrete (PC) Wire and Strand Market by Application, 2023 - 2030, USD Million
- TABLE 59 key Information - ArcelorMittal S.A.
- TABLE 60 Key Information - Sumitomo Electric Industries, Ltd.
- TABLE 61 Key Information - Tata Steel Limited
- TABLE 62 Key Information - Bekaert
- TABLE 63 Key Information - Kiswire LTD.
- TABLE 64 Key Information - Miki Steel Works Pvt. Ltd.
- TABLE 65 Key Information - Insteel Industries, Inc.
- TABLE 66 Key Information - TMG Global Pte Ltd.
- TABLE 67 Key Information - Kataria Group
- TABLE 68 Key Information - Usha Martin Limited
