Prestressed Concrete (PC) Wire and Strand Market to Accrue USD 260.8 Million by 2027 | High Demand in Infrastructure & Real Estate Sectors will Drive the Industry Growth says, Reports and Data
Increasing demand from infrastructure and real estate sector, the growing popularity of offsite construction, and rapid urbanization are driving the demand for the prestressed concrete (PC) wire and strand market
January 18, 2021 23:00 ET
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Reports and Data
Reports and Data
New York, New York, UNITED STATES
New York, Jan. 18, 2021 (GLOBE NEWSWIRE) -- The global prestressed concrete (PC) wire and strand market is estimated to reach USD 260.8 million by 2027. Prestressed concrete is a particular type of concrete that is substantially compressed during production to improve its resistance against tensile forces and augment its performance in service. This compression results from the tensioning of strong tendons present in the concrete. These tendons comprise single-wire and multi-wire strands and threaded bars that are composed of high-tensile steel, aramid fiber, or carbon fiber. Prestressed concrete finds extensive application in the construction of residential and commercial buildings and various civil structures. Superior features like reinforced performance, longer lifespan, and decreased structural thicknesses of the concrete make it the most suitable construction material for high-rise buildings, foundation systems, bridges and dams, silos and tanks, industrial pavements, residential slabs, and nuclear containment structures.