미국의 PC강선 및 PC강연선 시장 규모, 점유율, 동향 분석 보고서 : 표면 코팅별, 용도별, 지역별 및 부문별 예측(2023-2030년)

U.S. PC Wire And Strand Market Growth & Trends:

The U.S. PC wire and strand market size is anticipated to reach USD 1.58 billion by 2030, according to a new report by Grand View Research, Inc.. It is expected to expand at a CAGR of 3.5% from 2023 to 2030. The positive outlook of the construction industry U.S. is estimated to be the primary factor driving the growth.

Galvanized coated prestressed concrete (PC) wire and strand led the U.S market. These products provide long-term protection against corrosion caused due to concrete carbonation, salts, and pollutants. Moreover, they are high in demand due to their low life cycle cost, as it helps significantly to reduce the overall cost of project.

Epoxy coated prestressed concrete wire and strand are also expected to observe significant growth in the forthcoming years. Use of the product is largely catered by the construction of high-rise buildings. The limitation of land coupled with advancement in civil engineering is expected to drive the construction of high-rise buildings in U.S., which in turn is projected to fuel demand for epoxy coated PC wires and strands over the forecast period.

Post-tensioned PC wire and strand is used in buildings for floor with long life spans and moderate floor loads such as in residential buildings and in parking garages. While pre-tensioned PC wire and strand is used in balconies floor slabs, lintels, balconies, foundation piles, and beams. Increasing demand for housing infrastructure and rising commercial activities are expected to drive the product demand.

Construction boom in West United States such as Nevada is expected to foster the market growth. For instance, the massive projects in the pipeline in Nevada such as the Las Vegas stadium and casinos such as Resorts World Las Vegas on the Las Vegas Strip are expected to boost the product demand. Moreover, the Nevada Department of Correction has identified 225 projects in 2018, most of them consisting of maintenance and restoration projects and costing an estimated USD 486.6 million.

Acquisition is a key strategy adopted by the regional players to expand their regional market share. For instance, Insteel acquired the PC strand business from American Spring Wire Corporation in 2014. Another instance includes Keystone Consolidated Industries, Inc. acquiring Strand-Tech Martin, Inc. in 2016. These acquisitions allowed consolidation of the domestic producers and extended their market share in the country.

U.S. PC Wire And Strand Market Report Highlights:

• In terms of volume, epoxy coated PC strands are expected to expand at a CAGR of 3.8% over the forecast period. Epoxy coated PC strands have perfect anti-corrosion performance and high fatigue resistance capability.
• The galvanized PC strands segment accounted for the largest revenue share of 34.1% in 2022 and is expected to grow at the fastest CAGR of 4.0% during the forecast period.
• The buildings segment held the largest revenue share of 42.2% in 2022 and is expected to grow at the fastest CAGR of 3.8% over the forecast period.
• West U.S. dominated the U.S. PC wire and strand market and accounted for the largest revenue share of 22.9% in 2022 and is expected to grow at the fastest CAGR of 4.4% during the forecast period.
• The Southwest U.S. is expected to grow at the second fastest CAGR of 4.0% during the forecast period The Southwest U.S. states, such as Arizona, Oklahoma, and New Mexico are the major contributors to the regional PC wire and strand market.

Table of Contents

Chapter 1. Methodology and Scope

• 1.1. Market Segmentation & Scope
  • 1.1.1. Surface coatings
  • 1.1.2. Application
  • 1.1.3. Regional scope
  • 1.1.4. Estimates and forecast timeline
• 1.2. Research Methodology
• 1.3. Information Procurement
  • 1.3.1. Purchased database
  • 1.3.2. GVR's internal database
  • 1.3.3. Secondary sources
  • 1.3.4. Primary research
  • 1.3.5. Details of primary research
• 1.4. Information or Data Analysis
• 1.5. Market Formulation & Validation
• 1.6. Model Details
• 1.7. List of Secondary Sources
• 1.8. List of Primary Sources
• 1.9. Objectives

Chapter 2. Executive Summary

• 2.1. Market Outlook
• 2.2. Segment Outlook
  • 2.2.1. Surface coatings outlook
  • 2.2.2. Application outlook
  • 2.2.3. Regional outlook
• 2.3. Competitive Insights

Chapter 3. U.S. PC Wire and Strand Market Variables, Trends & Scope

• 3.1. Market Lineage Outlook
  • 3.1.1. Parent market outlook
  • 3.1.2. Related/ancillary market outlook
• 3.2. Penetration & Growth Prospect Mapping
• 3.3. Market Dynamics
  • 3.3.1. Market driver analysis
  • 3.3.2. Market restraint analysis
• 3.4. U.S. PC Wire and Strand Market Analysis Tools
  • 3.4.1. Industry Analysis - Porter's
    • 3.4.1.1. Supplier power
    • 3.4.1.2. Buyer power
    • 3.4.1.3. Substitution threat
    • 3.4.1.4. Threat of new entrant
    • 3.4.1.5. Competitive rivalry
  • 3.4.2. PESTEL Analysis
    • 3.4.2.1. Political landscape
    • 3.4.2.2. Technological landscape
    • 3.4.2.3. Economic landscape

Chapter 4. U.S. PC Wire and Strand Market: Surface Coatings Estimates & Trend Analysis

• 4.1. U.S. PC Wire and Strand Market: Key Takeaways
• 4.2. U.S. PC Wire and Strand Market: Movement & Market Share Analysis, 2022 & 2030
• 4.3. Uncoated PC Strands
  • 4.3.1. Uncoated PC strands market estimates and forecasts, 2018 to 2030 (Kilotons) (USD Million)
• 4.4. Galvanized PC Strands
  • 4.4.1. Galvanized PC strands market estimates and forecasts, 2018 to 2030 (Kilotons) (USD Million)
• 4.5. Epoxy coated PC Strands
  • 4.5.1. Epoxy coated PC strands market estimates and forecasts, 2018 to 2030 (Kilotons) (USD Million)
• 4.6. Others
  • 4.6.1. Others market estimates and forecasts, 2018 to 2030 (Kilotons) (USD Million)

Chapter 5. U.S. PC Wire and Strand Market: Application Estimates & Trend Analysis

• 5.1. U.S. PC Wire and Strand Market: Key Takeaways
• 5.2. U.S. PC Wire and Strand Market: Movement & Market Share Analysis, 2022 & 2030
• 5.3. Buildings
  • 5.3.1. Buildings market estimates and forecasts, 2018 to 2030 (Kilotons) (USD Million)
• 5.4. Bridges
  • 5.4.1. Bridges market estimates and forecasts, 2018 to 2030 (Kilotons) (USD Million)
• 5.5. Others
  • 5.5.1. Others market estimates and forecasts, 2018 to 2030 (Kilotons) (USD Million)

Chapter 6. U.S. PC Wire and Strand Market: Regional Estimates & Trend Analysis

• 6.1. Regional Outlook
• 6.2. U.S. PC Wire and Strand Market by Region: Key Takeaway
• 6.3. U.S.
  • 6.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons, USD Million)
  • 6.3.2. West U.S.
    • 6.3.2.1. Market estimates and forecasts, 2018 - 2030 (Kilotons, USD Million)
  • 6.3.3. Midwest U.S.
    • 6.3.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons, USD Million)
  • 6.3.4. Southwest U.S.
    • 6.3.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons, USD Million)
  • 6.3.5. Southeast U.S
    • 6.3.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons, USD Million)
  • 6.3.6. Northeast U.S
    • 6.3.6.1. Market estimates and forecasts, 2018 - 2030 (Kilotons, USD Million)

Chapter 7. Competitive Landscape

• 7.1. Recent Developments & Impact Analysis, By Key Market Participants
• 7.2. Market Participant Categorization
  • 7.2.1. Insteel
    • 7.2.1.1. Company overview
    • 7.2.1.2. Financial performance
    • 7.2.1.3. Product benchmarking
    • 7.2.1.4. Strategic initiatives
  • 7.2.2. Sumiden Wire
    • 7.2.2.1. Company overview
    • 7.2.2.2. Financial performance
    • 7.2.2.3. Product benchmarking
    • 7.2.2.4. Strategic initiatives
  • 7.2.3. LIBERTY Steel Group
    • 7.2.3.1. Company overview
    • 7.2.3.2. Financial performance
    • 7.2.3.3. Product benchmarking
    • 7.2.3.4. Strategic initiatives
  • 7.2.4. Wire Mesh Company
    • 7.2.4.1. Company overview
    • 7.2.4.2. Financial performance
    • 7.2.4.3. Product benchmarking
    • 7.2.4.4. Strategic initiatives
  • 7.2.5. DEACERO
    • 7.2.5.1. Company overview
    • 7.2.5.2. Financial performance
    • 7.2.5.3. Product benchmarking
    • 7.2.5.4. Strategic initiatives
  • 7.2.6. ArcelorMittal
    • 7.2.6.1. Company overview
    • 7.2.6.2. Financial performance
    • 7.2.6.3. Product benchmarking
    • 7.2.6.4. Strategic initiatives
  • 7.2.7. Usha Martin Limited
    • 7.2.7.1. Company overview
    • 7.2.7.2. Financial performance
    • 7.2.7.3. Product benchmarking
    • 7.2.7.4. Strategic initiatives
  • 7.2.8. Bekaert
    • 7.2.8.1. Company overview
    • 7.2.8.2. Financial performance
    • 7.2.8.3. Product benchmarking
    • 7.2.8.4. Strategic initiatives