The Latin America, Middle East and Africa Prestressed Concrete (PC) Wire and Strand Market would witness market growth of 5.4% CAGR during the forecast period (2023-2030).
The construction industry uses prestressed concrete (PC) wire and strand to reinforce and strengthen concrete structures. High-strength steel filaments are woven together to produce PC strands. These wires are either pre-tensioned or post-tensioned within the concrete component to counteract the tensile forces that the structure experience. PC strands offer greater durability and increased load-bearing capacity than prestressed concrete wire and are utilized in larger-scale applications such as bridges, beams, and platforms.
Prestressed concrete has extraordinary durability, strength, and versatility, and its use in construction projects expedites project completion, reduces maintenance costs, and lengthens the lifespan of infrastructure. In addition, prestressed concrete's ability to span extended distances without intermediate support is a significant characteristic that makes it suitable for bridges, auditoriums, and other structures. Thus, infrastructure development is expected to positively impact the market.
The UAE is home to some of the world's tallest skyscrapers, and the construction of high-rise buildings is a common sight. Prestressed concrete, often incorporating PC wire and strand, is used for the structural elements of these towering structures, ensuring their stability and load-bearing capacity. The UAE has invested heavily in infrastructure expansion, such as modern highways, bridges, and transportation networks. PC wire and strands are crucial in creating durable and long-lasting infrastructure components. The UAE's dynamic and ambitious construction industry, driven by urbanization, tourism, and government investments, continues stimulating the demand for PC wire and strands. These materials are essential for creating the modern and iconic structures that have become synonymous with the UAE's skyline and infrastructure. All these elements will aid in the expansion of the regional market in the coming years.
The Brazil market dominated the LAMEA 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 $465.1 million by 2030. The Argentina market is registering a CAGR of 5.9% during (2023 - 2030). Additionally, The UAE market would grow at a CAGR of 5.9% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Prestressed Concrete (PC) Wire and Strand Market is Projected to reach USD 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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Prestressed Concrete (PC) Wire and Strand Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Prestressed Concrete (PC) Wire and Strand Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Prestressed Concrete (PC) Wire and Strand Market by Type, 2019 - 2022, USD Million
TABLE 4 LAMEA Prestressed Concrete (PC) Wire and Strand Market by Type, 2023 - 2030, USD Million
TABLE 5 LAMEA 7 Wire Strand Market by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA 7 Wire Strand Market by Country, 2023 - 2030, USD Million
TABLE 7 LAMEA 3 Wire Strand Market by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA 3 Wire Strand Market by Country, 2023 - 2030, USD Million
TABLE 9 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 11 LAMEA Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2019 - 2022, USD Million
TABLE 12 LAMEA Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2023 - 2030, USD Million
TABLE 13 LAMEA Infrastructure Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Infrastructure Market by Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Building Construction Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Building Construction Market by Country, 2023 - 2030, USD Million
TABLE 17 LAMEA Prestressed Concrete (PC) Wire and Strand Market by Application, 2019 - 2022, USD Million
TABLE 18 LAMEA Prestressed Concrete (PC) Wire and Strand Market by Application, 2023 - 2030, USD Million
TABLE 19 LAMEA Pre-tensioning Market by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Pre-tensioning Market by Country, 2023 - 2030, USD Million
TABLE 21 LAMEA Bonded Post-tensioning Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Bonded Post-tensioning Market by Country, 2023 - 2030, USD Million
TABLE 23 LAMEA Unbonded Post-tensioning Market by Country, 2019 - 2022, USD Million
TABLE 24 LAMEA Unbonded Post-tensioning Market by Country, 2023 - 2030, USD Million
TABLE 25 LAMEA Prestressed Concrete (PC) Wire and Strand Market by Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Prestressed Concrete (PC) Wire and Strand Market by Country, 2023 - 2030, USD Million
TABLE 27 Brazil Prestressed Concrete (PC) Wire and Strand Market, 2019 - 2022, USD Million
TABLE 28 Brazil Prestressed Concrete (PC) Wire and Strand Market, 2023 - 2030, USD Million
TABLE 29 Brazil Prestressed Concrete (PC) Wire and Strand Market by Type, 2019 - 2022, USD Million
TABLE 30 Brazil Prestressed Concrete (PC) Wire and Strand Market by Type, 2023 - 2030, USD Million
TABLE 31 Brazil Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2019 - 2022, USD Million
TABLE 32 Brazil Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2023 - 2030, USD Million
TABLE 33 Brazil Prestressed Concrete (PC) Wire and Strand Market by Application, 2019 - 2022, USD Million
TABLE 34 Brazil Prestressed Concrete (PC) Wire and Strand Market by Application, 2023 - 2030, USD Million
TABLE 35 Argentina Prestressed Concrete (PC) Wire and Strand Market, 2019 - 2022, USD Million
TABLE 36 Argentina Prestressed Concrete (PC) Wire and Strand Market, 2023 - 2030, USD Million
TABLE 37 Argentina Prestressed Concrete (PC) Wire and Strand Market by Type, 2019 - 2022, USD Million
TABLE 38 Argentina Prestressed Concrete (PC) Wire and Strand Market by Type, 2023 - 2030, USD Million
TABLE 39 Argentina Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2019 - 2022, USD Million
TABLE 40 Argentina Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2023 - 2030, USD Million
TABLE 41 Argentina Prestressed Concrete (PC) Wire and Strand Market by Application, 2019 - 2022, USD Million
TABLE 42 Argentina Prestressed Concrete (PC) Wire and Strand Market by Application, 2023 - 2030, USD Million
TABLE 43 UAE Prestressed Concrete (PC) Wire and Strand Market, 2019 - 2022, USD Million
TABLE 44 UAE Prestressed Concrete (PC) Wire and Strand Market, 2023 - 2030, USD Million
TABLE 45 UAE Prestressed Concrete (PC) Wire and Strand Market by Type, 2019 - 2022, USD Million
TABLE 46 UAE Prestressed Concrete (PC) Wire and Strand Market by Type, 2023 - 2030, USD Million
TABLE 47 UAE Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2019 - 2022, USD Million
TABLE 48 UAE Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2023 - 2030, USD Million
TABLE 49 UAE Prestressed Concrete (PC) Wire and Strand Market by Application, 2019 - 2022, USD Million
TABLE 50 UAE Prestressed Concrete (PC) Wire and Strand Market by Application, 2023 - 2030, USD Million
TABLE 51 Saudi Arabia Prestressed Concrete (PC) Wire and Strand Market, 2019 - 2022, USD Million
TABLE 52 Saudi Arabia Prestressed Concrete (PC) Wire and Strand Market, 2023 - 2030, USD Million
TABLE 53 Saudi Arabia Prestressed Concrete (PC) Wire and Strand Market by Type, 2019 - 2022, USD Million
TABLE 54 Saudi Arabia Prestressed Concrete (PC) Wire and Strand Market by Type, 2023 - 2030, USD Million
TABLE 55 Saudi Arabia Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2019 - 2022, USD Million
TABLE 56 Saudi Arabia Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2023 - 2030, USD Million
TABLE 57 Saudi Arabia Prestressed Concrete (PC) Wire and Strand Market by Application, 2019 - 2022, USD Million
TABLE 58 Saudi Arabia Prestressed Concrete (PC) Wire and Strand Market by Application, 2023 - 2030, USD Million
TABLE 59 South Africa Prestressed Concrete (PC) Wire and Strand Market, 2019 - 2022, USD Million
TABLE 60 South Africa Prestressed Concrete (PC) Wire and Strand Market, 2023 - 2030, USD Million
TABLE 61 South Africa Prestressed Concrete (PC) Wire and Strand Market by Type, 2019 - 2022, USD Million
TABLE 62 South Africa Prestressed Concrete (PC) Wire and Strand Market by Type, 2023 - 2030, USD Million
TABLE 63 South Africa Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2019 - 2022, USD Million
TABLE 64 South Africa Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2023 - 2030, USD Million
TABLE 65 South Africa Prestressed Concrete (PC) Wire and Strand Market by Application, 2019 - 2022, USD Million
TABLE 66 South Africa Prestressed Concrete (PC) Wire and Strand Market by Application, 2023 - 2030, USD Million
TABLE 67 Nigeria Prestressed Concrete (PC) Wire and Strand Market, 2019 - 2022, USD Million
TABLE 68 Nigeria Prestressed Concrete (PC) Wire and Strand Market, 2023 - 2030, USD Million
TABLE 69 Nigeria Prestressed Concrete (PC) Wire and Strand Market by Type, 2019 - 2022, USD Million
TABLE 70 Nigeria Prestressed Concrete (PC) Wire and Strand Market by Type, 2023 - 2030, USD Million
TABLE 71 Nigeria Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2019 - 2022, USD Million
TABLE 72 Nigeria Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2023 - 2030, USD Million
TABLE 73 Nigeria Prestressed Concrete (PC) Wire and Strand Market by Application, 2019 - 2022, USD Million
TABLE 74 Nigeria Prestressed Concrete (PC) Wire and Strand Market by Application, 2023 - 2030, USD Million
TABLE 75 Rest of LAMEA Prestressed Concrete (PC) Wire and Strand Market, 2019 - 2022, USD Million
TABLE 76 Rest of LAMEA Prestressed Concrete (PC) Wire and Strand Market, 2023 - 2030, USD Million
TABLE 77 Rest of LAMEA Prestressed Concrete (PC) Wire and Strand Market by Type, 2019 - 2022, USD Million
TABLE 78 Rest of LAMEA Prestressed Concrete (PC) Wire and Strand Market by Type, 2023 - 2030, USD Million
TABLE 79 Rest of LAMEA Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2019 - 2022, USD Million
TABLE 80 Rest of LAMEA Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2023 - 2030, USD Million
TABLE 81 Rest of LAMEA Prestressed Concrete (PC) Wire and Strand Market by Application, 2019 - 2022, USD Million
TABLE 82 Rest of LAMEA 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 LAMEA 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 LAMEA Prestressed Concrete (PC) Wire and Strand Market share by Type, 2022
FIG 6 LAMEA Prestressed Concrete (PC) Wire and Strand Market share by Type, 2030
FIG 7 LAMEA Prestressed Concrete (PC) Wire and Strand Market by Type, 2019 - 2030, USD Million
FIG 8 LAMEA Prestressed Concrete (PC) Wire and Strand Market share by End User Industry, 2022
FIG 9 LAMEA Prestressed Concrete (PC) Wire and Strand Market share by End User Industry, 2030
FIG 10 LAMEA Prestressed Concrete (PC) Wire and Strand Market by End User Industry, 2019 - 2030, USD Million
FIG 11 LAMEA Prestressed Concrete (PC) Wire and Strand Market share by Application, 2022
FIG 12 LAMEA Prestressed Concrete (PC) Wire and Strand Market share by Application, 2030
FIG 13 LAMEA Prestressed Concrete (PC) Wire and Strand Market by Application, 2019 - 2030, USD Million
FIG 14 LAMEA Prestressed Concrete (PC) Wire and Strand Market share by Country, 2022
FIG 15 LAMEA Prestressed Concrete (PC) Wire and Strand Market share by Country, 2030
FIG 16 LAMEA 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