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Report Overview
The United States prestressed concrete (PC) wire and strand market size reached approximately USD 476.44 Million in 2024. The market is projected to grow at a CAGR of 4.30% between 2025 and 2034, reaching a value of around USD 725.86 Million by 2034.
2024
Base Year
2018-2024
Historical Period
2025-2034
Forecast Period
-
According to the American Road & Transportation Builders Association’s 2023 analysis, 36% of all bridges in the United States, accounting for over 222,000 spans, require replacement or major repairs.
-
The Federal Highway Administration has allocated USD 61 billion for 12 formula programs to support critical infrastructure, such as roads, bridges, and tunnels For FY 2024.
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Highway and bridge construction is expected to expand 23% to USD 147.1 billion in 2024 following a 14% increase to USD 119.5 billion in 2023.
Compound Annual Growth Rate
Value in USD Million
4.3%
2025-2034
United States Prestressed Concrete (PC) Wire and Strand Market Outlook
*this image is indicative*
-wire-and-strand-market.png)
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The United States prestressed concrete (PC) wire and strand market development is being aided by the expanding construction market in the United States. Large public investments in the renovation and construction of infrastructure such as bridges, highways, and high-rise buildings aid the market for prestressed concrete (PC) wires and strands due to their high tensile strength.
Key factors driving the market include the demand for new residential and commercial construction, a rise in renovation projects, and demand for prefabricated construction.
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Key Trends and Developments
Rising governmental investment in the modernisation of transportation infrastructure, and construction of new establishments aid the United States prestressed concrete (PC) wire and strand market growth.
| Date | State/ Department | Event |
| July 2023 | Illinois Department of Transportation (IDOT) | As part of its bipartisan Rebuild Illinois capital program, the Governor announced an investment of USD 40.99 billion over six years to fix and repair the state’s roads, bridges, pedestrian infrastructure, etc. |
| March 2023 | Wisconsin | The Wisconsin Governor, as part of the Capital Budget 2023-2023, released USD 3.8 billion in recommended investments for the renovation of Wisconsin’s existing infrastructure and to support projects across 28 counties. |
| October 2022 | Kansas | Around USD 564.06 million was made available to Kansas for 2023 from the U.S. Department of Transportation’s Federal Highway Administration for infrastructure investments. |
| Trends | Impact |
| Expansion of commercial construction | The growing number of establishments by the private industry and local government in the USA contribute to an increased demand for PC wires. |
| Demand to repair ageing infrastructure | Apart from new constructions, there is also a necessity to address the aging infrastructure through repair and rehabilitation efforts in the country. |
| Demand for prefabricated construction | PC wires and strands find application in prefabricated constructions owing to their corrosion resistance, consistent mechanical properties, and low relaxation that provide even compressive force to the concrete. |
United States Prestressed Concrete (PC) Wire and Strand Market Trends
PC wires and strands are manufactured from high-strength materials like carbon steel or alloy steel. This gives them exceptional tensile strength, allowing them to withstand significant loads and stresses. The high strength of steel and alloy steel also makes the PC wires and strands ideal for reinforcing concrete structures such as bridges and buildings. This is likely to favour the United States prestressed concrete (PC) wire and strand market development.
-wire-and-strand-market-by-application.png)
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Market Segmentation
United States Prestressed Concrete (PC) Wire and Strand Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Surface Coatings:
- Uncoated
- Galvanised
- Epoxy Coated
- Others
Market Breakup by Application:
- Bridges
- Buildings
- Others
Market Breakup by Region:
- New England
- Mideast
- Great Lakes
- Plains
- Southeast
- Southwest
- Rocky Mountain
- Far West
By surface coating, the uncoated segment is expected to hold a significant United States prestressed concrete (PC) wire and strand market share
According to the prestressed concrete (PC) wire and strand market in United States, uncoated PC strands made of high carbon steel wires find use in hollow cores used for hotels and motels, as well as parking garages. Galvanised PC strands and wires find use in reinforcing prefab constructions and precast elements due to their consistent mechanical properties and corrosion resistance. Strands and wires are coated with zinc, making them resistant to corrosion and ideal for buildings and bridges. Further, the United States construction sector uses epoxy-coated PC strands in a variety of pre-tensioned applications, such as bridge decks, piling, and girders.
Bridges are a prominent application of PC wires and strands in the United States
According to the United States prestressed concrete (PC) wire and strand market analysis, rising investments to develop and renovate bridges in the USA are aiding its demand. For instance, in April 2023, the U.S. Transportation Department announced an investment of around USD 300 million for small and medium-sized bridge projects in eight states and the District of Columbia.
Due to their high tensile strength, ability to maintain integrity in difficult settings, and support enormous loads, the demand for PC wires and strands is expected to increase in buildings across the country in states, such as Texas and Florida. The popularity of prefabricated construction is rising in places like Arizona, Los Angeles, and California as it is safe for the environment and reduces construction times. PC strands find use in making prefabricated elements, such as hollow core slabs, poles, poles, and foundation piles.
Competitive Landscape
Only a few US manufacturers produce PC wires and strands. However, other countries, such as Thailand, Argentina, Colombia, and United Arab Emirates, also offer these products in the USA.
| Company Name | Year Founded | Headquarters | Products/Services |
| Insteel Industries, Inc. | 1953 | North Carolina, United States | Seven-wire and three-wire PC strands, drawn wire products, welded wire reinforcement products, etc. |
| ArcelorMittal S.A. | 2006 | Bd d'Avranches, Luxembourg | Prestressing wire and strands, low and high-carbon wires, strands, ropes, and corrosion-resistant solutions. |
| NV Bekaert SA | 1880 | Zwevegem, Belgium | Galvanised, pre-stressed strands and wires in 0.5”, 0.6”, and 0.7” diameters, and Special grades include 0.52” and 0.62” strands. |
| WMC, LLC | 2003 | Texas, United States | Uncoated 7 PC Strand wire in the ranges, 3/8” 270K, 7/16 270K, 1/2” 270K, 1/2” Special 270K, and 600, etc. |
Other key players in the prestressed concrete (PC) wire and strand market in United States include Usha Martin Limited, Sumitomo Electric Industries, Ltd., and JSW Holdings Limited, among others.
United States Prestressed Concrete (PC) Wire and Strand Market Analysis
The Southeast region holds a significant market share in the United States prestressed concrete (P) wire and strand market
Southeast is continually experiencing commercial development in states like Arkansas which is home to commercial establishments like offices, supermarkets, and restaurants. Prestressed concrete (PC) wire and strands find applications in the construction sector to reinforce and strengthen concrete structures and increase their life cycle.
The rising construction activities such as the improvement and replacement of bridges and highways in several places in the Far West, such as California, support the United States prestressed concrete (P) wire and strand market share. Further, the rising popularity of prefabricated construction, owing to its affordability, convenience, and faster construction, aids the demand for concrete PC wires and strands.
Construction of bridges in several Mideast regions, such as New York City and New Jersey, aids the market growth of PC strands and wires. Further, the Pennsylvania Department of Transportation (PennDOT) is undertaking construction to improve the state's roads and bridges to enhance travel across its rural and north-central areas.
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US Prestressed Concrete (PC) Wire and Strand Market Size
US Prestressed Concrete (PC) Wire and Strand Market Trends
US Prestressed Concrete (PC) Wire and Strand Market Share
US Prestressed Concrete (PC) Wire and Strand Companies
US Prestressed Concrete (PC) Wire and Strand Market Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2024, the United States prestressed concrete (PC) wire and strand market reached an approximate value of USD 476.44 Million.
The market is expected to grow at a CAGR of 4.30% between 2025 and 2034.
The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach a value of around USD 725.86 million by 2034.
Prestressed concrete (PC) wire is made from steel strongly alloyed with carbon.
Prestressed concrete is a highly versatile construction material and comprises two main constituents, high-strength steel and modern pre-compressed concrete.
The major drivers of the market include an increasing population, a growing construction sector, and an ageing bridge infrastructure.
Key trends aiding market expansion include the rising popularity of prefabricated structures, the need to renovate roads and bridges, and the construction of new establishments.
The major surface coatings in the market are uncoated, galvanised, and epoxy-coated, among others.
The major regions include New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West are the leading regions in the market.
The key players in the market are Insteel Industries Inc., WMC, LLC, Sumitomo Electric Industries, Ltd., JSW Holdings Limited, ArcelorMittal S.A., NV Bekaert SA, and Usha Martin Limited, among others.
Report Summary
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Surface Coatings |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
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