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United States Prestressed Concrete (PC) Wire and Strand Market: By Surface Coatings: Uncoated, Galvanized, Epoxy Coated, Others; By Application: Bridges, Buildings, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Porter’s Five Forces Analysis; Competitive Landscape; Industry Events and Developments

United States Prestressed Concrete (PC) Wire and Strand Market Outlook

The United States prestressed concrete (PC) wire and strand industry attained a value of USD 240.5 million in 2020. The market is further expected to grow in the forecast period of 2022-2027 at a CAGR of 5% to reach USD 322 million by 2026. The rise of the market is largely supported by the growing construction and popularity of prefabricated or offsite buildings in the region.

 

United States Prestressed Concrete (PC) Wire and Strand Market

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Market Segmentation

Pressed concrete (PC) wires and cables are used to withstand the concrete structures and prefabricated structures.

 

United States Prestressed Concrete (PC) Wire and Strand Market By Application

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Based on surface coatings, the market can be divided into:

  • Uncoated
  • Galvanized
  • 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.

 

United States Prestressed Concrete (PC) Wire and Strand Market By Region

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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 industry, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Insteel Industries Inc. (NASDAQ: IIIN)
  • Wire Mesh Corporation
  • Sumiden Wire Products Corporation
  • Deacero, S.A de C.V.
  • ArcelorMittal 
  • NV Bekaert SA 
  • Usha Martin 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 2020
Historical Period 2017-2021
Forecast Period 2022-2027
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, Galvanized, 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. (NASDAQ: IIIN), Sumiden Wire Products Corporation, Wire Mesh Corporation, Deacero, S.A de C.V., ArcelorMittal (AMS: MT), NV Bekaert SA (EBR: BEKB), Usha Martin 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    Snapshot
    6.1    United States
7    Industry Opportunities and Challenges
8    United States Prestressed Concrete (PC) Wire and Strand Market Analysis

    8.1    Key Industry Highlights
    8.2    United States Prestressed Concrete (PC) Wire and Strand Historical Market (2017-2021) 
    8.3    United States Prestressed Concrete (PC) Wire and Strand Market Forecast (2022-2027)
    8.4    United States Prestressed Concrete (PC) Wire and Strand Market by Surface Coatings
        8.4.1    Uncoated
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Galvanized
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Epoxy Coated
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
        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    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Buildings
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        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    Value Chain Analysis
11    Competitive Landscape

    11.1    Market Structure
    11.2    Company Profiles
        11.2.1    Insteel Industries Inc.
            11.2.1.1    Company Overview
            11.2.1.2    Product Portfolio
            11.2.1.3    Demographic Reach and Achievements
            11.2.1.4    Certifications
        11.2.2    Wire Mesh Company
            11.2.2.1    Company Overview
            11.2.2.2    Product Portfolio
            11.2.2.3    Demographic Reach and Achievements
            11.2.2.4    Certifications
        11.2.3    Sumiden Wire Products Corporation
            11.2.3.1    Company Overview
            11.2.3.2    Product Portfolio
            11.2.3.3    Demographic Reach and Achievements
            11.2.3.4    Certifications
        11.2.4    Deacero, S.A.P.I. de C.V.
            11.2.4.1    Company Overview
            11.2.4.2    Product Portfolio
            11.2.4.3    Demographic Reach and Achievements
            11.2.4.4    Certifications
        11.2.5    ArcelorMittal
            11.2.5.1    Company Overview
            11.2.5.2    Product Portfolio
            11.2.5.3    Demographic Reach and Achievements
            11.2.5.4    Certifications
        11.2.6    NV Bekaert SA
            11.2.6.1    Company Overview
            11.2.6.2    Product Portfolio
            11.2.6.3    Demographic Reach and Achievements
            11.2.6.4    Certifications
        11.2.7    Usha Martin Limited
            11.2.7.1    Company Overview
            11.2.7.2    Product Portfolio
            11.2.7.3    Demographic Reach and Achievements
            11.2.7.4    Certifications
        11.2.8    Others
12    Industry Events and Developments


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: Key Industry Highlights, 2016 and 2026
2.    United States Prestressed Concrete (PC) Wire and Strand Historical Market: Breakup by Surface Coatings (USD Million), 2017-2021
3.    United States Prestressed Concrete (PC) Wire and Strand Market Forecast: Breakup by Surface Coatings (USD Million), 2022-2027
4.    United States Prestressed Concrete (PC) Wire and Strand Historical Market: Breakup by Application (USD Million), 2017-2021
5.    United States Prestressed Concrete (PC) Wire and Strand Market Forecast: Breakup by Application (USD Million), 2022-2027
6.    United States Prestressed Concrete (PC) Wire and Strand Historical Market: Breakup by Region (USD Million), 2017-2021
7.    United States Prestressed Concrete (PC) Wire and Strand Market Forecast: Breakup by Region (USD Million), 2022-2027
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 240.5 million in 2020.

The market is projected to grow at a CAGR of nearly 5% in the forecast period of 2022-2027.

The market is estimated to reach a value of about USD 322 million by 2026.

The major drivers of the industry include rising disposable incomes, increasing population, rising construction industry, rising demand for housing services, and the growing business activities.

The rapid developments in the Nevada pipeline is expected to be a key trend guiding the growth of the industry.

New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West are the leading regions in the market.

The major surface coatings available in the industry are uncoated, galvanized, and epoxy coated, among others.

The leading application segments in the market are bridges and buildings, among others.

The leading players in the 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 240.5 million in 2020, 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 2022-2027, growing at a CAGR of 5%. The industry is projected to reach USD 322 million by 2026.

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, galvanized, and epoxy coated, among others. On the basis of application, the industry 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 industry include 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 Limitedamong 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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