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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

02-21-2019 09:29 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Prestressed Concrete (PC) Wire and Strand Market

Prestressed Concrete (PC) Wire and Strand Market

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

Key players
• ArcelorMittal S.A.
• elik Halat ve Tel Sanayii A.S.
• Insteel Engineers.
• DWK Drahtwerk Kln GmbH
• 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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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

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