Reports
United States Prestressed Concrete (PC) Wire and Strand Market: By Surface Coatings: Uncoated, Galvanised, Epoxy Coated, Others; By Application: Bridges, Buildings, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Porter’s Five Forces Analysis; Competitive Landscape
United States Prestressed Concrete (PC) Wire and Strand Market Outlook
The United States prestressed concrete (PC) wire and strand market attained a value of USD 559.0 million in 2022, driven by the growth in the construction industry. Aided by the rising developments in the construction sector, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 3.1%. The market is projected to reach USD 555.8 million by 2028.
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Market Segmentation
Pressed concrete (PC) wires and cables are used to withstand the concrete structures and prefabricated structures.
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Based on surface coatings, the market can be divided into:
- Uncoated
- Galvanised
- Epoxy Coated
- Others
The market can be broadly categorised based on its applications into:
- Bridges
- Buildings
- Others
The EMR report looks into the regional markets of prestressed concrete (PC) wire and strand in the United States like New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.
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Market Analysis
PC wire and strand are used for floor buildings with long life and small floor loads, like residential buildings and parking lots. The increased demand for housing services and the growing business activities are expected to push the demand for the product.
The construction sector is booming in the West, like Nevada, which is projected to fuel the market growth. For example, significant developments in the Nevada pipeline, such as the Las Vegas stadium and casinos like the Las Vegas Resorts World, are anticipated to improve the demand for the products.
In 2020, the galvanized segment accounted for the largest segment with a market share of more than 32%.
Competitive Landscape
The report presents a detailed analysis of the following key players in the United States prestressed concrete (PC) wire and strand market:
- Insteel Industries, Inc.
- ArcelorMittal S.A.
- NV Bekaert SA
- WMC, LLC
- Usha Martin Limited
- Sumitomo Electric Industries, Ltd.
- JSW Holdings Limited
- Others
The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Surface Coatings, Application, Region |
| Breakup by Surface Coatings | Uncoated, Galvanised, Epoxy Coated, Others |
| Breakup by Application | Bridges, Buildings, Others |
| Breakup by Region | New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, Far West |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Insteel Industries, Inc., ArcelorMittal S.A., NV Bekaert SA, WMC, LLC, Usha Martin Limited, Sumitomo Electric Industries, Ltd., JSW Holdings Limited, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 United States
7 Opportunities and Challenges in the Market
8 United States Prestressed Concrete (PC) Wire and Strand Market Analysis
8.1 United States Prestressed Concrete (PC) Wire and Strand Market (2018-2028) by Volume
8.2 United States Prestressed Concrete (PC) Wire and Strand Historical Market (2018-2022)
8.3 United States Prestressed Concrete (PC) Wire and Strand Market Forecast (2023-2028)
8.4 United States Prestressed Concrete (PC) Wire and Strand Market by Surface Coatings
8.4.1 Uncoated
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Galvanised
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 Epoxy Coated
8.4.3.1 Historical Trend (2018-2022)
8.4.3.2 Forecast Trend (2023-2028)
8.4.4 Others
8.5 United States Prestressed Concrete (PC) Wire and Strand Market by Application
8.5.1 Bridges
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Buildings
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Others
8.6 United States Prestressed Concrete (PC) Wire and Strand Market by Region
8.6.1 Market Share
8.6.1.1 New England
8.6.1.2 Mideast
8.6.1.3 Great Lakes
8.6.1.4 Plains
8.6.1.5 Southeast
8.6.1.6 Southwest
8.6.1.7 Rocky Mountain
8.6.1.8 Far West
9 Market Dynamics
9.1 SWOT Analysis
9.1.1 Strengths
9.1.2 Weaknesses
9.1.3 Opportunities
9.1.4 Threats
9.2 Porter’s Five Forces Analysis
9.2.1 Supplier’s Power
9.2.2 Buyer’s Power
9.2.3 Threat of New Entrants
9.2.4 Degree of Rivalry
9.2.5 Threat of Substitutes
9.3 Key Indicators for Demand
9.4 Key Indicators for Price
10 Competitive Landscape
10.1 Market Structure
10.2 Company Profiles
10.2.1 Insteel Industries, Inc.
10.2.1.1 Company Overview
10.2.1.2 Product Portfolio
10.2.1.3 Demographic Reach and Achievements
10.2.1.4 Certifications
10.2.2 ArcelorMittal S.A.
10.2.2.1 Company Overview
10.2.2.2 Product Portfolio
10.2.2.3 Demographic Reach and Achievements
10.2.2.4 Certifications
10.2.3 NV Bekaert SA
10.2.3.1 Company Overview
10.2.3.2 Product Portfolio
10.2.3.3 Demographic Reach and Achievements
10.2.3.4 Certifications
10.2.4 WMC, LLC
10.2.4.1 Company Overview
10.2.4.2 Product Portfolio
10.2.4.3 Demographic Reach and Achievements
10.2.4.4 Certifications
10.2.5 Usha Martin Limited
10.2.5.1 Company Overview
10.2.5.2 Product Portfolio
10.2.5.3 Demographic Reach and Achievements
10.2.5.4 Certifications
10.2.6 Sumitomo Electric Industries, Ltd.
10.2.6.1 Company Overview
10.2.6.2 Product Portfolio
10.2.6.3 Demographic Reach and Achievements
10.2.6.4 Certifications
10.2.7 JSW Holdings Limited
10.2.7.1 Company Overview
10.2.7.2 Product Portfolio
10.2.7.3 Demographic Reach and Achievements
10.2.7.4 Certifications
10.2.8 Others
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. United States Prestressed Concrete (PC) Wire and Strand Market by Volume 2018 and 2028
2. United States Prestressed Concrete (PC) Wire and Strand Historical Market: Breakup by Surface Coatings (USD Million), 2018-2022
3. United States Prestressed Concrete (PC) Wire and Strand Market Forecast: Breakup by Surface Coatings (USD Million), 2023-2028
4. United States Prestressed Concrete (PC) Wire and Strand Historical Market: Breakup by Application (USD Million), 2018-2022
5. United States Prestressed Concrete (PC) Wire and Strand Market Forecast: Breakup by Application (USD Million), 2023-2028
6. United States Prestressed Concrete (PC) Wire and Strand Historical Market: Breakup by Region (USD Million), 2018-2022
7. United States Prestressed Concrete (PC) Wire and Strand Market Forecast: Breakup by Region (USD Million), 2023-2028
8. United States Prestressed Concrete (PC) Wire and Strand Market Structure
Key Questions Answered in the Report
The United States prestressed concrete (PC) wire and strand market reached a value of USD 559.0 million in 2022.
The market is projected to grow at a CAGR of nearly 3.1% in the forecast period of 2023-2028.
The market is estimated to reach a value of about USD 555.8 million by 2028.
The major drivers of the market include rising disposable incomes, increasing population, growing construction industry, and growing business activities.
The surging demand for housing services and increasing popularity of prefabricated and offsite buildings are key trends guiding the growth of the market.
New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West are the leading regions in the market.
The major surface coatings in the market are uncoated, galvanized, and epoxy coated, among others.
The leading applications of prestressed concrete (PC) wires and strands in the market are bridges, and buildings, among others.
The key players in the United States prestressed concrete (PC) wire and strand market are Insteel Industries Inc., Wire Mesh Company, Sumiden Wire Products Corporation, Deacero, S.A.P.I. de C.V., ArcelorMittal, NV Bekaert SA, and Usha Martin Limited, among others.
Analyst Review
The United States prestressed concrete (PC) wire and strand market attained a value of USD 265.15 million in 2022, driven by the growth in the construction industry. Aided by the rising developments in the construction sector, the industry is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 5%. The industry is projected to reach USD 355.01 million by 2028.
EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on surface coatings, market for prestressed concrete (PC) wire and strand in the United States can be segmented into uncoated, galvanised, and epoxy coated, among others. On the basis of application, the market can be divided into bridges and buildings, among others. The major regional markets for prestressed concrete (PC) wire and strand in the United States are New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West. The key players in the above market include Insteel Industries, Inc., ArcelorMittal S.A., NV Bekaert SA, WMC, LLC, Usha Martin Limited, Sumitomo Electric Industries, Ltd., JSW Holdings Limited, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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