Prestressed Concrete (PC) Wire and Strand Market by Type and Application Forecast 2023 | Key Players DWK Drahtwerk Kln GmbH, FAPRICELA, Guizhou Wire Rope Co, Gulf Steel Strands, Henan Hengxing Science & Technology and Others

The wire or strand used on a PC structure is known as PC wire or strand and the structure constructed with prestressing is known as PC. PC wires and strands are a medium of attaining a force that helps neutralize external forces such as stress or compression.

PC wire is extensively used in many fields, such as cement poles, crane beams, prestressed concrete, muti-factory frameworks, pressure pipe, railway sleepers, dams, panel, nuclear power plants, houses, high-rise buildings, and others. Fluctuation in the oil prices affects the frequency of the construction industry; for instance, an increase in oil prices boosts the construction activity, thus driving the prestressed concrete (PC) wire and strand market. However, the growing need for labor and the volatility of the Chinese steel market act as restraining factors for the market. All the same, the tremendous growth in the construction and manufacturing sector creates future opportunities.

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Key Benefits
• Porters five forces model helps analyze the potential of buyers & suppliers and the competitive sketch of the market, which is expected to guide the market players to develop strategies accordingly.
• It outlines the current trends and future scenario of the market from 2016 to 2023 to understand the prevailing opportunities and investment pockets.
• This report provides an in-depth analysis of the prestressed concrete (pc) wire and strand market to identify potential investment pockets.
• The key drivers, restraints, opportunities, and their detailed impact analyses have been elucidated.

Global Prestressed Concrete (PC) Wire And Strand Market Key Segments:

By Type
• Prestressed PC steel wire
• Plain PC wire, indented PC wire
• Spiral ribbed PC wire

By Application
• Railroad industry
• Construction equipment
• Bridges and flyovers

By Geography
• North America
• Europe
• Asia-Pacific
• LAMEA

Key players
• ArcelorMittal S.A.
• elik Halat ve Tel Sanayii A.S.
• Insteel Engineers.
• AL ITTEFAQ STEEL PRODUCTS CO.
• DWK Drahtwerk Kln GmbH
• FAPRICELA
• Guizhou Wire Rope Co., Ltd.
• Gulf Steel Strands
• Henan Hengxing Science & Technology Co. Ltd.
• Hubei Fuxing Science and Technology Co. Ltd.

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