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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
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.
US Prestressed Concrete (PC) Wire and Strand Market Report Snapshots
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 4.3% 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 656.68 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.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124