Prestressed Concrete Strand (pc Strand) Consumption Volume Was 4935.0 K Mt In 2017
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In the past five years from 2013 to 2017, global prestressed concrete strand (PC Strand) production revenue market scale was from 3162.75 million US dollars to $ 3248.21 million. It is estimated to reach 3711.83 million dollars by 2023, with the CAGR of 2.25% in terms of revenue over the period 2017-2023.
The prestressed concrete strand (PC Strand) consumption volume was 4935.0 K MT in 2017 and is expected to reach 5979.9 K MT in 2023, growing at a CAGR of 3.25% from 2017 to 2023. Asia-Pacific`s sales volume accounted for the highest market share (73.48%) in 2017. Asia-Pacific is expected to maintain the leading position for the next five years owing to the increased construction of infrastructural facilities and the financial support from the governments around the world.
At present, the manufactures of prestressed concrete strand (PC Strand) are concentrated in China, Europe, US. The global leading players in this market are Insteel, Tata Iron and Steel, Tycsa PSC, Kiswire, Xinhua Metal, Tianjin Metallurgical, Hengli, Hengxing, Fasten and Huaxin. In China the market leaders are Xinhua Metal, Tianjin Metallurgical, Hengli, Hengxing, Fasten and Huaxin.
The prestressed concrete strand (PC Strand) is mainly used by Transport, Building, Enegy and Water Conservancy. The main application of prestressed concrete strand (PC Strand) is Transport and Building.
Despite the presence of competition problems, due to the construction of infrastructural facilities investment plan of each country, Africa, India and some emerging markets still have great potential for growth in the future. Due to the clear global recovery trend, investors are still optimistic about this area, investors are still optimistic about this area, the future will still have more new investment enter the field. In the next five years, the consumption volume will keep slow increasing, as well as the consumption value.