The artificial compression stress applied to neutralize tensile stress deployed by exterior force is known as prestress. The structures constructed with prestress is called PC. The wire or strand used on PC structure is known as PC wire or strand. When force is applied to the concrete, prestressing is introduced to counter the stresses resulting from the applied load. PC wires and strands are used as a medium to attain a force that can neutralize external forces such as stress or compression. Manufacturing and designing of high quality PC wires and strands have been a priority for top vendors in the market. They form an integral part of bridges and commercial and residential building constructions.
Technavio’s analysts forecast the global prestressed concrete (PC) wire and strand market to grow at a CAGR of 3.12% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global prestressed concrete (PC) wire and strand market for 2017-2021. To calculate the market size, the report presents the list of product offerings of the key prominent vendors in the global market.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio's report, Global Prestressed Concrete (PC) Wire and Strand Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • ArcelorMittal • ?elik Halat ve Tel Sanayii • Insteel • Siam Industrial Wire
Other prominent vendors • AL ITTEFAQ STEEL PRODUCTS • DWK Drahtwerk Cologne • FAPRICELA • Guizhou Wire Rope • Gulf Steel Strands • Henan Hengxing Science&Technology • Hubei Fuxing Science and Technology • Hunan Xianghui Metal Products • KISWIRE • Chongqing Longtai Rare Earth & New Materials Co • Silver Dragon • Southern Steel • Steel Group • Tianjin Shengte Pressed Concrete Steel Stand • Tycsa-PSC • United Wire Factories • Wuhan Iron and Steel
Market driver • Low oil prices to have mixed impact on the construction industry. • For a full, detailed list, view our report
Market challenge • China's steel market volatility to impact the global PC wire and strand market. • For a full, detailed list, view our report
Market trend • Nanomaterials to expedite the building process in future. • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? • What are the market opportunities and threats faced by the key vendors? • What are the strengths and weaknesses of the key vendors?
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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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