프리스트레스트 콘크리트 와이어 및 스트랜드 시장 예측 : 제품, 재료, 코팅, 직경, 용도, 최종 사용자, 지역별 세계 분석(-2030)

According to Stratistics MRC, the Global Prestressed Concrete Wire and Strand Market is accounted for $3.8 billion in 2024 and is expected to reach $5.8 billion by 2030 growing at a CAGR of 7.4% during the forecast period. Prestressed concrete wire and strand are specialized steel components used to reinforce and pre-tension concrete structures, enhancing their strength and load-bearing capacity. The wire and strand are typically made of high-carbon steel, offering excellent tensile properties and durability. In prestressed concrete, these materials are pre-tensioned or post-tensioned to induce compressive stress, counteracting tensile forces during service and preventing cracks. This technique is widely employed in constructing bridges, highways, buildings, and other infrastructure projects requiring enhanced stability and longer lifespan. Prestressed concrete wire and strand are valued for their ability to improve structural performance, reduce material usage, and ensure cost-efficient, durable construction solutions.

Market Dynamics:

Driver:

Rising Demand for Infrastructure Development

The rising demand for infrastructure development positively drives the prestressed concrete wire and strand market by fueling the need for durable, high-strength construction materials. With increased investments in bridges, highways, and urban buildings, these components are essential for enhancing structural integrity and load-bearing capacity. Rapid urbanization in emerging economies amplifies demand, while government initiatives for modernizing infrastructure further boost the market, ensuring sustained growth and expanding opportunities for manufacturers and suppliers.

Restraint:

High Initial Costs

High initial costs of prestressed concrete wire and strand production can hinder market growth by limiting adoption, especially in cost-sensitive projects. These materials require significant upfront investment in manufacturing and equipment, which may deter small and medium-sized construction companies from using them. Additionally, the high cost can lead to budget constraints in large-scale infrastructure projects, delaying implementation or pushing companies to opt for more affordable alternatives, thus slowing market expansion.

Opportunity:

Advancements in Construction Techniques

Advancements in construction techniques benefit the industry by encouraging the use of novel structural designs and efficient building processes. The need for high-strength reinforcing materials like prestressed wires and strands is being driven by these strategies, which place an emphasis on sustainability, cost effectiveness, and longevity. The market is boosted by the growing usage of precast and modular construction, along with advanced tensioning techniques, which provide better structural performance, quicker project execution, and less material waste, all of which match the demands of contemporary building.

Threat:

Fluctuating Raw Material Prices

Fluctuating raw material prices, especially for steel, significantly hinder the prestressed concrete wire and strand market by increasing production costs and creating uncertainty for manufacturers. These price variations can lead to higher overall material costs, affecting profit margins and project budgets. Additionally, unpredictability in prices makes it challenging for businesses to maintain stable pricing for customers, potentially causing delays in projects and hindering the market's growth.

Covid-19 Impact:

The COVID-19 pandemic disrupted the Prestressed Concrete Wire and Strand Market by causing delays in construction projects, supply chain interruptions, and labor shortages. Lockdowns and restrictions slowed manufacturing and transportation, leading to a temporary dip in demand. However, as recovery efforts gain momentum and infrastructure projects resume, the market is gradually recovering, with increasing demand for durable construction materials in post-pandemic rebuilding and development initiatives.

The stainless steel segment is expected to be the largest during the forecast period

The stainless steel segment is expected to account for the largest market share during the forecast period, because it improves corrosion resistance, durability, and structural lifetime. Concrete components last longer thanks to stainless steel's exceptional resistance to environmental elements including moisture and chemicals, especially in challenging environments. Because of this, stainless steel is a desirable option for infrastructure projects, which increases demand for prestressed concrete wire and strand, particularly in industrial, high-moisture, and coastal settings.

The bridges and flyovers segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the bridges and flyovers segment is predicted to witness the highest growth rate owing to demand for high-strength, durable materials for infrastructure projects. As urbanization and transportation networks expand, the need for efficient and safe bridges and flyovers increases. Prestressed concrete, enhanced by wire and strand technology, offers superior load-bearing capacity and longevity, making it ideal for these applications. This growing infrastructure development boosts the demand for prestressed concrete wire and strand products in construction.

Region with largest share:

During the forecast period, the North America region is expected to hold the largest market share due to demand for infrastructure development, including bridges, highways, and commercial buildings. Increasing urbanization and government investments in construction projects boost the need for durable, high-strength materials like prestressed concrete. Additionally, the rise in renewable energy projects, such as wind farms, and advancements in construction technologies contribute to market growth, offering enhanced performance and sustainability in structural applications.

Region with highest CAGR:

Over the forecast period, the Asia Pacific region is anticipated to exhibit the highest CAGR because of growing urbanization, infrastructural development, and the need for long-lasting building materials. Large-scale projects like bridges, roads, and apartment buildings are becoming more common, which increases demand for prestressed concrete components because of their durability and strength. The region's market is expanding due in large part to government expenditures in infrastructure and the expanding construction sector in nations like China and India.

Key players in the market

Some of the key players in Prestressed Concrete Wire and Strand market include ArcelorMittal, Nippon Steel Corporation, Sumitomo Metal Industries, Tata Steel, Usha Martin Limited, Xiwang Special Steel Company, Jiangsu Shagang Group, Shandong Laigang Yongfeng Steel, Siderurgica Venezolana SIVENSA, Wuhan Iron and Steel Corporation, JFE Steel Corporation, Hyundai Steel Company, Steel Authority of India Limited (SAIL), POSCO, Hanil Steel Co. Ltd., Dongkuk Steel Mill Co., Ltd., Bekaert, U.S. Steel, Ispat Industries Ltd. and Fujian Teda Group.

Key Developments:

In December 2024, Tata Steel UK has entered into an agreement with JCB to supply low-carbon or "green" steel from its Port Talbot facility. This collaboration aligns with JCB's focus on reducing carbon emissions in its manufacturing and machinery.

In November 2024, Tata Steel Netherlands and ECOLOG, along with various other partners, aim to import hydrogen and export CO2 from Amsterdam. They have announced the study into the economic viability of what is known as a "trade corridor."

In May 2024, Tata Steel and the Henry Royce Institute for Advanced Materials (Royce) have signed a Collaboration Agreement, marking a significant step towards establishing the proposed new UK Centre for Innovation in Advanced Materials.

Products Covered:

• Prestressed Concrete Wire
• Prestressed Concrete Strand

Materials Covered:

• Low-Carbon Steel
• High-Carbon Steel
• Stainless Steel
• Alloy Steel

Coatings Covered:

• Galvanized
• Zinc-Coated
• Polymer-Coated
• Enameled

Diameters Covered:

• Prestressed Concrete Structures
• Less than 5 mm
• 5-10 mm
• 10-15 mm
• Over 15 mm

Applications Covered:

• Bridges and Flyovers
• High-Rise Buildings
• Power Transmission Lines
• Wire Ropes
• Lifting and Rigging

End Users Covered:

• Residential Construction
• Commercial Construction
• Infrastructure Projects
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 Application Analysis
• 3.8 End User Analysis
• 3.9 Emerging Markets
• 3.10 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Prestressed Concrete Wire and Strand Market, By Product

• 5.1 Introduction
• 5.2 Prestressed Concrete Wire
• 5.3 Prestressed Concrete Strand

6 Global Prestressed Concrete Wire and Strand Market, By Material

• 6.1 Introduction
• 6.2 Low-Carbon Steel
• 6.3 High-Carbon Steel
• 6.4 Stainless Steel
• 6.5 Alloy Steel

7 Global Prestressed Concrete Wire and Strand Market, By Coating

• 7.1 Introduction
• 7.2 Galvanized
• 7.3 Zinc-Coated
• 7.4 Polymer-Coated
• 7.5 Enameled

8 Global Prestressed Concrete Wire and Strand Market, By Diameter

• 8.1 Introduction
• 8.2 Prestressed Concrete Structures
• 8.3 Less than 5 mm
• 8.4 5-10 mm
• 8.5 10-15 mm
• 8.6 Over 15 mm

9 Global Prestressed Concrete Wire and Strand Market, By Application

• 9.1 Introduction
• 9.2 Bridges and Flyovers
• 9.3 High-Rise Buildings
• 9.4 Power Transmission Lines
• 9.5 Wire Ropes
• 9.6 Lifting and Rigging

10 Global Prestressed Concrete Wire and Strand Market, By End User

• 10.1 Introduction
• 10.2 Residential Construction
• 10.3 Commercial Construction
• 10.4 Infrastructure Projects
• 10.5 Other End Users

11 Global Prestressed Concrete Wire and Strand Market, By Geography

• 11.1 Introduction
• 11.2 North America
  • 11.2.1 US
  • 11.2.2 Canada
  • 11.2.3 Mexico
• 11.3 Europe
  • 11.3.1 Germany
  • 11.3.2 UK
  • 11.3.3 Italy
  • 11.3.4 France
  • 11.3.5 Spain
  • 11.3.6 Rest of Europe
• 11.4 Asia Pacific
  • 11.4.1 Japan
  • 11.4.2 China
  • 11.4.3 India
  • 11.4.4 Australia
  • 11.4.5 New Zealand
  • 11.4.6 South Korea
  • 11.4.7 Rest of Asia Pacific
• 11.5 South America
  • 11.5.1 Argentina
  • 11.5.2 Brazil
  • 11.5.3 Chile
  • 11.5.4 Rest of South America
• 11.6 Middle East & Africa
  • 11.6.1 Saudi Arabia
  • 11.6.2 UAE
  • 11.6.3 Qatar
  • 11.6.4 South Africa
  • 11.6.5 Rest of Middle East & Africa

12 Key Developments

• 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 12.2 Acquisitions & Mergers
• 12.3 New Product Launch
• 12.4 Expansions
• 12.5 Other Key Strategies

13 Company Profiling

• 13.1 ArcelorMittal
• 13.2 Nippon Steel Corporation
• 13.3 Sumitomo Metal Industries
• 13.4 Tata Steel
• 13.5 Usha Martin Limited
• 13.6 Xiwang Special Steel Company
• 13.7 Jiangsu Shagang Group
• 13.8 Shandong Laigang Yongfeng Steel
• 13.9 Siderurgica Venezolana SIVENSA
• 13.10 Wuhan Iron and Steel Corporation
• 13.11 JFE Steel Corporation
• 13.12 Hyundai Steel Company
• 13.13 Steel Authority of India Limited (SAIL)
• 13.14 POSCO
• 13.15 Hanil Steel Co. Ltd.
• 13.16 Dongkuk Steel Mill Co., Ltd.
• 13.17 Bekaert
• 13.18 U.S. Steel
• 13.19 Ispat Industries Ltd.
• 13.20 Fujian Teda Group