Press release
Global Wax Filled PC Strand Market Expected to Witness a Sustainable Growth over 2023
PC strand, or prestressed concrete steel strand, is a twisted steel cable composed of 2, 3, 7 or 19 high strength steel wires and is stress-relieved (stabilized) for prestressed concrete or similar purposes. Wax Filled PC Strand is a type of PC strand that filled with wax.
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Global Wax Filled PC Strand Market: Forecast by Type / Application / Region
The Wax Filled PC Strand consumption volume was 118.12 K MT in 2016 and is expected to reach 118.12 K MT in 2017 and 133.63 K MT in 2022, growing at a CAGR of 2.17% from 2017 to 2022. Europe`s sales volume accounted for the highest market share (28.46%) in 2016, followed by the China and North America. China is expected to maintain the fast growing region for the next five years owing to the increased construction of infrastructural facilities and the financial support from the governments around the world.
At present, the manufactures of Wax Filled PC Strand are concentrated in China, Europe, North America, Japan & South Korea, SEA and India. Europe is the largest production area in the world, The global leading players in this market are Kiswire, ORI MARTIN (SML), Tianjin Metallurgical, ArcelorMittal, Usha Martin, Tycsa PSC, Xinhua Metal, Bekaert, Scaw Metals Group, NEDRI Spanstaal BV
Despite the presence of competition problems, due to the construction of infrastructural facilities investment plan of each country, Africa, India and some emerging markets still have great potential for growth in the future. Due to the clear global recovery trend, investors are still optimistic about this area, investors are still optimistic about this area, the future will still have more new investment enter the field. In the next five years, the consumption volume will keep slow increasing, as well as the consumption value.
Over the next five years, LPI(LP Information) projects that Wax Filled PC Strand will register a 0.4% CAGR in terms of revenue, reach US$ 100 million by 2023, from US$ 100 million in 2017.
Global Wax Filled PC Strand Market: Key Players
Kiswire
ORI MARTIN (SML)
Tianjin Metallurgical
ArcelorMittal
Usha Martin
Tycsa PSC
Xinhua Metal
Bekaert
Scaw Metals Group
NEDRI Spanstaal BV
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Related Information:
United States Wax Filled PC Strand Market Research Report 2018
Europe Wax Filled PC Strand Market Research Report 2018
North America Wax Filled PC Strand Market Research Report 2018
Asia-Pacific Wax Filled PC Strand Market Research Report 2018
China Wax Filled PC Strand Market Research Report 2018
EMEA Wax Filled PC Strand Market Research Report 2018
Global Wax Filled PC Strand Market Research Report 2018
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