What is Prestressed Concrete Wire?
The prestressed concrete wire is a single or stranded steel wire made from steel strongly alloyed with carbon which consists 2, 3, 7 or 19 superior quality of steel wires and is stress-relieved or stabilized for prestressed concrete. It has high strength and quality of stabilization. These wires are used in the reinforcement of concrete structures like Pre-Cast Concrete Panels, Hume Pipes, and Concrete Poles etc.
The market study is broken down by Type (Prestressed PC Steel Wire, Plain PC Wire, Indented PC Wire and Spiral Ribbed PC Wire), by Application (Railroad Industry, Construction Equipment and Bridges and Flyovers) and major geographies with country level break-up.
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Analysts at AMA Research estimates that Vendors from Chinese will contribute to the maximum growth of Global Prestressed Concrete Wire market throughout the predicted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
ArcelorMittal S.A. (Luxembourg), N.V. Bekaert S.A. (Belgium), Henan Hengxing Science & Technology Co., Ltd. (China), KISWIRE LTD. (South Korea), Jiangsu Shagang Group Company Limited (China), Sumiden Wire (United States), The Siam Industrial Wire Co., Ltd. (Thailand), USHA MARTIN LIMITED (India), Al-Ittefaq Steel Products Co (Saudi Arabia), Saarstahl AG (Germany), Fapricela-indústria de Trefilaria, S.A. (Portugal), Guizhou Wire Rope Incorporated Company (China) and Quantum Steel (South Africa) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Henan Hengxing Science & Technology CO., LTD. (China), Hubei Fuxing New Material Technology Co., Ltd. (China) and Gulf Steel Strands (United Arab Emirates).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Prestressed Concrete Wire market by Type, Application and Region.
On the basis of geography, the market of Prestressed Concrete Wire has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Coating Type, the sub-segment i.e. Uncoated PC Strand will boost the Prestressed Concrete Wire market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Intensity Level, the sub-segment i.e. 1470MPa will boost the Prestressed Concrete Wire market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Diameter, the sub-segment i.e. 4mm will boost the Prestressed Concrete Wire market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Trend
- High Demand for Galvanized PC Wires
Market Drivers
- Increased Number of Construction Projects
- Rise in Use of Prestressed Concrete
Opportunities
- Increasing Demand from End-users
- Growing Opportunities in Developing Countries
Restraints
- Fluctuations in the Raw Material Prices
Challenges
Key Target Audience
Prestressed Concrete Wire Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies, Research Professionals and End-users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.