The Europe Prestressed Concrete (PC) Wire and Strand Market would witness market growth of 4.6% CAGR during the forecast period (2023-2030).
Prestressing helps counteract the tensile forces that can cause deflection and cracking in concrete structures. As a result, prestressed concrete structures are less prone to deformation and cracking, ensuring their long-term durability and performance. The increased strength of prestressed concrete allows for the construction of thinner structural members, reducing the overall weight of the structure and the amount of concrete required.
This can lead to cost savings and more efficient designs. The use of precast concrete elements in prestressed construction allows for faster assembly and shorter construction times. This can result in cost savings and quicker project completion. Prestressed concrete offers designers’ greater flexibility in shaping and designing structures. It can accommodate a variety of architectural and engineering requirements, allowing for innovative and aesthetically pleasing designs.
In 2022, the UK Government planned to invest over 160 million dollars to improve infrastructure and aid local communities. This expenditure is mainly focused on the development and repair of 4 major road schemes, namely road linking St Austell to the A30, Tyne Bridge, A34, and A35 Redbridge Causeway. The expenditure of £35.3 million for essential maintenance on the Tyne Bridge and adjacent Central Motorway, like enhancements to traffic management and cycle route facilities, will generate £130.5 million in economic benefits by enhancing local connectivity. The A35 Redbridge Causeway is a crucial link between the New Forest, Southampton, and its port. Its essential maintenance will cost £13.4 million, and enhanced connectivity will result in roughly £340 million in direct economic benefits. This ongoing demand for infrastructure projects will contribute to the sustained growth of the market in the region.
The Germany market dominated the Europe Prestressed Concrete (PC) Wire and Strand Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $191.4 million by 2030. The UK market is experiencing a CAGR of 3.8% during (2023 - 2030). Additionally, The France market would exhibit a CAGR of 5.4% during (2023 - 2030).
Based on Type, the market is segmented into 7 Wire Strand, 3 Wire Strand and Others. Based on End User Industry, the market is segmented into Infrastructure and Building Construction. Based on Application, the market is segmented into Pre-tensioning, Bonded Post-tensioning and Unbonded Post-tensioning. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Prestressed Concrete (PC) Wire and Strand Market will Hit $7.7 Billion by 2030, at a CAGR of 5.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ArcelorMittal S.A., Sumitomo Electric Industries, Ltd., TATA Steel Limited (TATA Group and Tata Sons Pvt. Ltd.), N.V. Bekaert S.A., Kiswire LTD., Miki Steel Works Pvt. Ltd. (Miki Group Of Companies), Insteel Industries, Inc., TMG Global Pte Ltd., Kataria Group, and Usha Martin Limited.
Scope of the Study
Market Segments Covered in the Report:
By Type
- 7 Wire Strand
- 3 Wire Strand
- Others
By End User Industry
- Infrastructure
- Building Construction
By Application
- Pre-tensioning
- Bonded Post-tensioning
- Unbonded Post-tensioning
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- ArcelorMittal S.A.
- Sumitomo Electric Industries, Ltd.
- TATA Steel Limited (TATA Group and Tata Sons Pvt. Ltd.)
- N.V. Bekaert S.A.
- Kiswire LTD.
- Miki Steel Works Pvt. Ltd. (Miki Group Of Companies)
- Insteel Industries, Inc.
- TMG Global Pte Ltd.
- Kataria Group
- Usha Martin Limited
TABLE 1 Europe Prestressed Concrete (PC) Wire and Strand Market, 2019 - 2022, USD Million
TABLE 2 Europe Prestressed Concrete (PC) Wire and Strand Market, 2023 - 2030, USD Million
TABLE 3 Europe Prestressed Concrete (PC) Wire and Strand Market by Type, 2019 - 2022, USD Million
TABLE 4 Europe Prestressed Concrete (PC) Wire and Strand Market by Type, 2023 - 2030, USD Million
TABLE 5 Europe 7 Wire Strand Market by Country, 2019 - 2022, USD Million
TABLE 6 Europe 7 Wire Strand Market by Country, 2023 - 2030, USD Million
TABLE 7 Europe 3 Wire Strand Market by Country, 2019 - 2022, USD Million
TABLE 8 Europe 3 Wire Strand Market by Country, 2023 - 2030, USD Million
TABLE 9 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 10 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 11 Europe Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2019 - 2022, USD Million
TABLE 12 Europe Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2023 - 2030, USD Million
TABLE 13 Europe Infrastructure Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Infrastructure Market by Country, 2023 - 2030, USD Million
TABLE 15 Europe Building Construction Market by Country, 2019 - 2022, USD Million
TABLE 16 Europe Building Construction Market by Country, 2023 - 2030, USD Million
TABLE 17 Europe Prestressed Concrete (PC) Wire and Strand Market by Application, 2019 - 2022, USD Million
TABLE 18 Europe Prestressed Concrete (PC) Wire and Strand Market by Application, 2023 - 2030, USD Million
TABLE 19 Europe Pre-tensioning Market by Country, 2019 - 2022, USD Million
TABLE 20 Europe Pre-tensioning Market by Country, 2023 - 2030, USD Million
TABLE 21 Europe Bonded Post-tensioning Market by Country, 2019 - 2022, USD Million
TABLE 22 Europe Bonded Post-tensioning Market by Country, 2023 - 2030, USD Million
TABLE 23 Europe Unbonded Post-tensioning Market by Country, 2019 - 2022, USD Million
TABLE 24 Europe Unbonded Post-tensioning Market by Country, 2023 - 2030, USD Million
TABLE 25 Europe Prestressed Concrete (PC) Wire and Strand Market by Country, 2019 - 2022, USD Million
TABLE 26 Europe Prestressed Concrete (PC) Wire and Strand Market by Country, 2023 - 2030, USD Million
TABLE 27 Germany Prestressed Concrete (PC) Wire and Strand Market, 2019 - 2022, USD Million
TABLE 28 Germany Prestressed Concrete (PC) Wire and Strand Market, 2023 - 2030, USD Million
TABLE 29 Germany Prestressed Concrete (PC) Wire and Strand Market by Type, 2019 - 2022, USD Million
TABLE 30 Germany Prestressed Concrete (PC) Wire and Strand Market by Type, 2023 - 2030, USD Million
TABLE 31 Germany Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2019 - 2022, USD Million
TABLE 32 Germany Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2023 - 2030, USD Million
TABLE 33 Germany Prestressed Concrete (PC) Wire and Strand Market by Application, 2019 - 2022, USD Million
TABLE 34 Germany Prestressed Concrete (PC) Wire and Strand Market by Application, 2023 - 2030, USD Million
TABLE 35 UK Prestressed Concrete (PC) Wire and Strand Market, 2019 - 2022, USD Million
TABLE 36 UK Prestressed Concrete (PC) Wire and Strand Market, 2023 - 2030, USD Million
TABLE 37 UK Prestressed Concrete (PC) Wire and Strand Market by Type, 2019 - 2022, USD Million
TABLE 38 UK Prestressed Concrete (PC) Wire and Strand Market by Type, 2023 - 2030, USD Million
TABLE 39 UK Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2019 - 2022, USD Million
TABLE 40 UK Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2023 - 2030, USD Million
TABLE 41 UK Prestressed Concrete (PC) Wire and Strand Market by Application, 2019 - 2022, USD Million
TABLE 42 UK Prestressed Concrete (PC) Wire and Strand Market by Application, 2023 - 2030, USD Million
TABLE 43 France Prestressed Concrete (PC) Wire and Strand Market, 2019 - 2022, USD Million
TABLE 44 France Prestressed Concrete (PC) Wire and Strand Market, 2023 - 2030, USD Million
TABLE 45 France Prestressed Concrete (PC) Wire and Strand Market by Type, 2019 - 2022, USD Million
TABLE 46 France Prestressed Concrete (PC) Wire and Strand Market by Type, 2023 - 2030, USD Million
TABLE 47 France Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2019 - 2022, USD Million
TABLE 48 France Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2023 - 2030, USD Million
TABLE 49 France Prestressed Concrete (PC) Wire and Strand Market by Application, 2019 - 2022, USD Million
TABLE 50 France Prestressed Concrete (PC) Wire and Strand Market by Application, 2023 - 2030, USD Million
TABLE 51 Russia Prestressed Concrete (PC) Wire and Strand Market, 2019 - 2022, USD Million
TABLE 52 Russia Prestressed Concrete (PC) Wire and Strand Market, 2023 - 2030, USD Million
TABLE 53 Russia Prestressed Concrete (PC) Wire and Strand Market by Type, 2019 - 2022, USD Million
TABLE 54 Russia Prestressed Concrete (PC) Wire and Strand Market by Type, 2023 - 2030, USD Million
TABLE 55 Russia Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2019 - 2022, USD Million
TABLE 56 Russia Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2023 - 2030, USD Million
TABLE 57 Russia Prestressed Concrete (PC) Wire and Strand Market by Application, 2019 - 2022, USD Million
TABLE 58 Russia Prestressed Concrete (PC) Wire and Strand Market by Application, 2023 - 2030, USD Million
TABLE 59 Spain Prestressed Concrete (PC) Wire and Strand Market, 2019 - 2022, USD Million
TABLE 60 Spain Prestressed Concrete (PC) Wire and Strand Market, 2023 - 2030, USD Million
TABLE 61 Spain Prestressed Concrete (PC) Wire and Strand Market by Type, 2019 - 2022, USD Million
TABLE 62 Spain Prestressed Concrete (PC) Wire and Strand Market by Type, 2023 - 2030, USD Million
TABLE 63 Spain Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2019 - 2022, USD Million
TABLE 64 Spain Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2023 - 2030, USD Million
TABLE 65 Spain Prestressed Concrete (PC) Wire and Strand Market by Application, 2019 - 2022, USD Million
TABLE 66 Spain Prestressed Concrete (PC) Wire and Strand Market by Application, 2023 - 2030, USD Million
TABLE 67 Italy Prestressed Concrete (PC) Wire and Strand Market, 2019 - 2022, USD Million
TABLE 68 Italy Prestressed Concrete (PC) Wire and Strand Market, 2023 - 2030, USD Million
TABLE 69 Italy Prestressed Concrete (PC) Wire and Strand Market by Type, 2019 - 2022, USD Million
TABLE 70 Italy Prestressed Concrete (PC) Wire and Strand Market by Type, 2023 - 2030, USD Million
TABLE 71 Italy Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2019 - 2022, USD Million
TABLE 72 Italy Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2023 - 2030, USD Million
TABLE 73 Italy Prestressed Concrete (PC) Wire and Strand Market by Application, 2019 - 2022, USD Million
TABLE 74 Italy Prestressed Concrete (PC) Wire and Strand Market by Application, 2023 - 2030, USD Million
TABLE 75 Rest of Europe Prestressed Concrete (PC) Wire and Strand Market, 2019 - 2022, USD Million
TABLE 76 Rest of Europe Prestressed Concrete (PC) Wire and Strand Market, 2023 - 2030, USD Million
TABLE 77 Rest of Europe Prestressed Concrete (PC) Wire and Strand Market by Type, 2019 - 2022, USD Million
TABLE 78 Rest of Europe Prestressed Concrete (PC) Wire and Strand Market by Type, 2023 - 2030, USD Million
TABLE 79 Rest of Europe Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2019 - 2022, USD Million
TABLE 80 Rest of Europe Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2023 - 2030, USD Million
TABLE 81 Rest of Europe Prestressed Concrete (PC) Wire and Strand Market by Application, 2019 - 2022, USD Million
TABLE 82 Rest of Europe Prestressed Concrete (PC) Wire and Strand Market by Application, 2023 - 2030, USD Million
TABLE 83 key Information – ArcelorMittal S.A.
TABLE 84 Key Information – Sumitomo Electric Industries, Ltd.
TABLE 85 Key Information – Tata Steel Limited
TABLE 86 Key Information – Bekaert
TABLE 87 Key Information – Kiswire LTD.
TABLE 88 Key Information – Miki Steel Works Pvt. Ltd.
TABLE 89 Key Information – Insteel Industries, Inc.
TABLE 90 Key Information – TMG Global Pte Ltd.
TABLE 91 Key Information – Kataria Group
TABLE 92 Key Information – Usha Martin Limited
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Prestressed Concrete (PC) Wire and Strand Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Prestressed Concrete (PC) Wire and Strand Market
FIG 4 Porter’s Five Forces Analysis – Prestressed Concrete (PC) Wire and Strand Market
FIG 5 Europe Prestressed Concrete (PC) Wire and Strand Market share by Type, 2022
FIG 6 Europe Prestressed Concrete (PC) Wire and Strand Market share by Type, 2030
FIG 7 Europe Prestressed Concrete (PC) Wire and Strand Market by Type, 2019 - 2030, USD Million
FIG 8 Europe Prestressed Concrete (PC) Wire and Strand Market share by End User Industry, 2022
FIG 9 Europe Prestressed Concrete (PC) Wire and Strand Market share by End User Industry, 2030
FIG 10 Europe Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2019 - 2030, USD Million
FIG 11 Europe Prestressed Concrete (PC) Wire and Strand Market share by Application, 2022
FIG 12 Europe Prestressed Concrete (PC) Wire and Strand Market share by Application, 2030
FIG 13 Europe Prestressed Concrete (PC) Wire and Strand Market by Application, 2019 - 2030, USD Million
FIG 14 Europe Prestressed Concrete (PC) Wire and Strand Market share by Country, 2022
FIG 15 Europe Prestressed Concrete (PC) Wire and Strand Market share by Country, 2030
FIG 16 Europe Prestressed Concrete (PC) Wire and Strand Market by Country, 2019 - 2030, USD Million
FIG 17 SWOT Analysis: ArcelorMittal S.A.
FIG 18 SWOT Analysis: Sumitomo Electric Industries, Ltd
FIG 19 SWOT Analysis: TATA Steel Limited
FIG 20 SWOT Analysis: N.V. Bekaert S.A.
FIG 21 SWOT Analysis: Kiswire Ltd.
FIG 22 SWOT Analysis: Miki Steel Works Pvt. Ltd.
FIG 23 SWOT Analysis: Insteel Industries, Inc.
FIG 24 SWOT Analysis: Kataria Group
FIG 25 SWOT Analysis: Usha Martin Limited