Pre-Stressed Concrete Market Size, Share, Industry Analysis, Future Growth, Segmentation, Competitive Landscape, Trends and Forecast 2017-2027
Pre-stressed concrete is used widely
in multistoried buildings, civic infrastructure and
bridges owing to the inherent weakness of concrete in
tension which can be removed via the product.
The use of pre-stressed concrete improves its
service load factor and reduce deflection & cracking. Furthermore, the
durability of concrete is also increased due to use of reinforced polymer
in pre-stressing. The expanding focus on infrastructure development has enabled
the growth of many sub-sectors connected to the construction
industry. As pre-stressed concrete wire and component are a
substantial part of the construction material industry, the market consumption
rate will thereby witness an increase, particularly for prefab construction.
This increase in demand is expected to encourage
manufacturers to focus more on enlighten the quality of their product and they
will significantly benefit from the subsidies delivered by the various governments than it
enables them to bring together to economical product. Due to increasing demand
of railway transportation, it is expected that the railroad industry will
dominate the global pre-stressed concrete market in the forecast
period. Moreover, the rise in reusable income and fast growing urbanization
will accelerate the growth of this market segment during the forecast period.
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Pre-stressed Concrete Market: Dynamics
Drivers:
The decreasing oil prices through the globe resulting in the
decline in prices of petroleum based product such as plastic material,
polyvinyl chloride material, and asphalt and material insulation is
subsequently expected to drive the growth of the
global pre-stressed concrete market. Furthermore, reducing oil and
gas prices would reduce transportation costs on behalf of the construction
industry, which will over again makes relatively inexpensive to accomplish
various operational activities. The forthcoming years is thus estimated to
record a significant increase in the number of construction
activities in the world, resulting in consequent growth of the global
pre-stress concrete market. Moreover, an increasing number of bridge
construction and building construction are also hike the
global pre-stressed concrete market over the forecast period. The
National Precast Concrete Association (NPCA) has set the benchmark report,
according to NPCA the Construction industry is growing with high growth rate.
Restraints:
For fabrication and assemble & install for
post tensioning is requirement of skilled worker may hinder the
global pre-stressed concrete market. Furthermore, the high
cost of pre-stressing mould and very few number of
non-standard units may also affect the product utilization.
Trends:
The computer controlled automated mixing process
is used by management to control production, aid in the decision
making process and track inventories. The computer has become a common
tool throughout the pre-stressed concrete industry that result in
improved quality control. Computer based design and analysis is now the norm
for standard pre-tensioned girders and segmental bridges. Geometry control for
bridges are commonly computerized in production sites and casting yards. Many
highway departments are using CADD drafting stations
associated with larger VAX-type computer for development of plan
sheet. Furthermore, increasing adoption of robotics and computerized
control systems has lagged in the North American construction industry.
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Pre-stressed Concrete Market: Key Participants:
Key Participants of the global pre-stressed concrete market
are following:
- Bekaert
- Insteel
Engineers
- KISWIRE
LTD.
- SHAGANG
GROUP Inc.
- Sumiden
Wire
- SIAM
INDUSTRIAL WIRE CO., LTD.
- Usha
Martin
- Tata
Steel
- MISIF
- CELSA
GROUP
- FAPRICELA
- Gulf
Steel Strands FZE
- AL
ITTEFAQ STEEL PRODUCT CO.
- PPI
Engineering Pte Ltd.
- BUSCK PRESTRESSED
CONCRETE LTD.
Pre-stressed Concrete Market: Region-wise Outlook:
The Middle East and Africa (MEA) region are dominating in
the pre-stressed concrete market owing to huge investment in infrastructure,
bridges and building. Western Europe is followed by North America due to
increasing construction industry and huge investment in R & D in the globe.
Asia-Pacific is having a sluggish growth rate in the global pre-stressed
concrete market due to slow development of the construction industry.
The research report presents a comprehensive assessment of
the market and contains thoughtful insights, facts, historical data, and
statistically supported and industry-validated market data. It also contains
projections using a suitable set of assumptions and methodologies. The research
report provides analysis and information according to market segments such as
geographies, application, and industry.
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Pre-stressed Concrete Market: Segmentation
The global Pre-stressed concrete market can be segmented on
the basis of manufacturing method:
- Pre-tensioning
- Post-tensioning
The global Pre-stressed concrete market can be segmented on
the basis of Product type:
- Epoxy
coated PC strand
- Uncoated
PC Strand
- Galvanized PC
Strand
The global Pre-stressed concrete market can be segmented on
the basis of Application:
- Railroad
Industry
- Water
conservancy
- Brides
and flyovers
- Transport
- Energy
The global Pre-stressed concrete market can be segmented on
the basis of pre-stress concrete wires:
- 2
& 3 wires
- 7
Wires
- 19
Wires
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