Prestressed steel strand is a type of stranded cable composed of 2, 3, 7 or more high strength steel wires, and the stress relief force processing (processing), suitable for prestressed concrete or similar purposes, such as large-span bridges on railway and highway, flyover, LNG tanks, multi-storey industrial buildings, stadiums, nuclear reactors and etc.
At present, the manufactures of prestressed concrete steel 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 steel strand is mainly used by Transport, Building, Enegy and Water Conservancy. The main application of prestressed concrete steel 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.

Market Analysis and Insights: Global Prestressed Concrete Steel Strand Market
The global Prestressed Concrete Steel Strand market is valued at US$ 3399 million in 2019. The market size will reach US$ 4048.3 million by the end of 2026, growing at a CAGR of 2.5% during 2021-2026.

Global Prestressed Concrete Steel Strand Scope and Segment
Prestressed Concrete Steel Strand market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Prestressed Concrete Steel Strand market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.

Segment by Type
Bare PC Strand
Grease Filled PC Strand
Wax Filled PC Strand
Others

Segment by Application
Transport
Building
Energy
Water Conservancy
Others

By Company
Insteel
Sumiden
Strand-tech Martin
Tata Iron and Steel
Siam Industrial Wire
Southern PC
Tycsa PSC
Kiswire
Usha Martin
Fapricela
Gulf Steel Strands
ASLAK
AL-FAISAL STEEL
Xinhua Metal
Tianjin Metallurgical
Hengli
Hengxing
Fasten
Huaxin
Hunan Xianghui
Silvery Dragon
Shengte
Longtai Rare Earth & New Materials
Fuxing Keji

Production by Region
North America
China
South Korea
Europe
India
Middle East
Southeast Asia

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E