Tensioning Systems/Prestressed Concrete Market By Type (Internal Prestressing: Pre-tensioning, Post-tensioning: Bonded post-tensioning, Unbonded post-tensioning; External Prestressing), By Force Applied (Electrical, Mechanical, Hydraulic), By Application (Building Structures, Civil Structures: Bridges, Dams, Nuclear and blast-containment structures, Silos and tanks, Hardstands and pavements): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026

Published Date: 11-Jan-2021 Category: Technology & Media Report Format : PDF Pages: 110 Report Code: ZMR-5638 Status : Published

The Tensioning Systems/Prestressed Concrete market is set for a rapid growth over the forecast period. In terms of revenue, the global Tensioning Systems/Prestressed Concrete market accounted for USD 20,183.9 Million in 2019 and is expected to reach USD 32,090.7 Million by 2026, growing at a CAGR of 6.85%.

Description

The Tensioning Systems/Prestressed Concrete market is set for a rapid growth over the forecast period. In terms of revenue, the global Tensioning Systems/Prestressed Concrete market accounted for USD 20,183.9 Million in 2019 and is expected to reach USD 32,090.7 Million by 2026, growing at a CAGR of 6.85%.

Global Tensioning Systems/Prestressed Concrete Market: Overview

Prestressed concrete is a type of concrete used in building processes. During manufacturing, it is significantly "prestressed" (compressed), in a way that strengthens it against the tensile forces that will occur while in operation. The tensioning of high-strength "tendons" located inside or adjacent to the concrete creates this compression and is performed to increase the efficiency of the concrete in use. Tendons can consist of threaded bars, single wires or multi-wire strands that are usually made of high-tensile steels, aramid or carbon fiber. The specialty of this concrete is that after the initial compression, the material that is obtained shows the quality of ductile high-strength steel when subjected to tension forces and of high-performance concrete when subjected to subsequent compression forces. In certain cases, this can result in enhanced serviceability or structural capability compared to conventionally reinforced concrete.

Global Tensioning Systems/Prestressed Concrete Market: Growth Factors

The global tensioning systems/prestressed concrete market is expected to experience significant growth in the near future. The growth of the construction industry and rising urbanization are expected to boost the demand for prestressed concrete system or tensioning system market. Governments across all regions are concentrating on promoting the development of infrastructure, particularly in growing economies, leading to numerous real estate and infrastructure reforms and regulations. Although 2020 has been a tough year for construction industry due to Covid-19, it is predicted that the industry will show an excellent growth in the near future, especially in the developing economies. For instance, the Indian construction industry is expected to reach nearly USD 738.56 Billion by 2022 with a growth rate of 15.7% and is expected to be among the third largest globally. Prestressed concrete, which is used extensively for the construction of mega buildings and bridges, is one of the most robust and reliable types of concrete. In addition, rapid urbanization has an impact on higher demand for accommodation, employment, transport, and infrastructure. All these factors contribute to the growth of the market. However, the lack of skilled workforce due to skilled employees, and the lack of training may restrain the growth of global prestressed concrete market. In addition, the potential for growth in emerging economies is expected to be an opportunity for players in the global pre-stressed concrete market during the forecast period, due to the different number of construction projects scheduled to be underway.

Global Tensioning Systems/Prestressed Concrete Market: Segmentation

The global Tensioning Systems/Prestressed Concrete market can be segmented into type, force applied, application and region. Based on type, the global market is divided into internal and external stressing. The internal stressing module is sub segmented into post-tensioning and pre-tensioning. The internal stressing segment is anticipated to dominate the prestressed concrete market due to its wide range of applications in the construction of bridge deck panels, structural beams and poles, and roof slabs, among others.

Based on force applied, the prestressed concrete or tensioning system market is categorized into electrical, hydraulic, and mechanical. In mechanical prestressing, tools such as lever transmission and gear transmission used in conjunction with pulley blocks and screw jacks. Generally, mechanical type is used in mass-scale production. In case of hydraulic type, large diameter hydraulic jack is used for tensioning of the elements. This technique is the easiest of all and generates huge forces. Whereas in electrical prestressing force, steel wires are heated with electric source and later before placing them in the concrete moulds. The hydraulic prestressing segment accounts for the major market share due to its simplicity in operation and cost effectiveness. Whereas in electrical prestressing, before putting concrete in the molds, the steel wires are electrically heated and anchored. They are also known as thermo-electric prestressing. The hydraulic module held the largest share due to its cost-effectiveness and flexibility in service.

In terms of application, the market is segregated into build structures and civil structures. The building structure segment is expected to witness a highest growth rate as it includes bridges, shopping malls, school or college auditoriums, gymnasiums and cafeterias.

Global Tensioning Systems/Prestressed Concrete Market: Regional Analysis

Based on regions, the global tensioning systems/prestressed concrete market is divided into five main regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Asia-Pacific is expected to lead the pre-pressed concrete market, followed by Europe, owing to increased growth in the construction sector in the region. The ASEAN countries are anticipated to increase their budgets for industrial residential, and infrastructural projects in the coming five years. The powerhouse of Asia Pacific is China, despite being the epicentre of the Covid-19 pandemic. China has shown signs of recovery by resuming construction of key projects. Overall, rapid urbanization and increased government spending, consumer spending and investments in real estate have set ASEAN economies on the track to double in the coming years, boosting the demand for prestressed concrete in the region.

Global Tensioning Systems/Prestressed Concrete Market: Competitive Players

Some of key players in Tensioning Systems/Prestressed Concrete market are L&T Construction, Skanska, Taiheiyo Cement Corporation, HeidelbergCement, Coltman Precast Concrete Limited, Coreslab Structures, Molin Concrete Products Company, Tindall Corporation, The Prestressed Group, and American Concrete Products among others.

Global Tensioning Systems/Prestressed Concrete Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1.Preface
    • 1.1.Report Description
    • 1.2.Report Scope
  • Chapter 2.Research Methodulogy
    • 2.1.Research Methodulogy
    • 2.2.Secondary Research
    • 2.3.Primary Research
    • 2.4.Models
      • 2.4.1.Company Share Analysis Model
      • 2.4.2.Revenue Based Modeling
    • 2.5.Research Limitations
  • Chapter 3.Executive Summary
    • 3.1.Global Tensioning Systems/Prestressed Concrete Market, 2016 – 2026 (USD Million)
    • 3.2.Global Tensioning Systems/Prestressed Concrete Market: Snapshot
  • Chapter 4.Tensioning Systems/Prestressed Concrete Market – Industry Analysis
    • 4.1.Introduction
    • 4.2.Market Drivers
    • 4.3.Market Restraints
    • 4.4.Market Opportunities
    • 4.5.Porter’s Five Forces Analysis
    • 4.6.COVID 19 Impact Analysis
  • Chapter 5.Investment Proposition Analysis
    • 5.1.Global Tensioning Systems/Prestressed Concrete Market Attractiveness, By Type
    • 5.2.Global Tensioning Systems/Prestressed Concrete Market Attractiveness, By Force Applied
    • 5.3.Global Tensioning Systems/Prestressed Concrete Market Attractiveness, By Application
    • 5.4.Global Tensioning Systems/Prestressed Concrete Market Attractiveness, By Region
  • Chapter 6.Competitive Landscape
    • 6.1.Company Market Share Analysis - 2019
      • 6.1.1.Global Tensioning Systems/Prestressed Concrete Market: Company Market Share, 2019
    • 6.2.Strategic Developments
  • Chapter 7.Tensioning Systems/Prestressed Concrete Market – Type Segment Analysis
    • 7.1.Global Tensioning Systems/Prestressed Concrete Market Overview: by Type
      • 7.1.1.Global Tensioning Systems/Prestressed Concrete Market Revenue Share, by Type, 2019 & 2026
    • 7.2.Global Tensioning Systems/Prestressed Concrete Market Analysis/Overview – By Type
      • 7.2.1.Internal Prestressing – Overview/Analysis
        • 7.2.1.1.Pre-tensioning – Overview/Analysis
        • 7.2.1.2.Post-tensioning– Overview/Analysis
          • 7.2.1.2.1.Bonded post-tensioning– Overview/Analysis
          • 7.2.1.2.2.Unbonded post-tensioning– Overview/Analysis
      • 7.2.2.External Prestressing– Overview/Analysis
    • 7.3.Internal Prestressing
      • 7.3.1.Global Tensioning Systems/Prestressed Concrete Market for Internal Prestressing, Revenue (USD Million) 2016 - 2026
    • 7.4.Pre-tensioning
      • 7.4.1.Global Tensioning Systems/Prestressed Concrete Market for Pre-tensioning, Revenue (USD Million) 2016 – 2026
    • 7.5.Post-tensioning
      • 7.5.1.Global Tensioning Systems/Prestressed Concrete Market for Post-tensioning, Revenue (USD Million) 2016 – 2026
    • 7.6.Bonded post-tensioning
      • 7.6.1.Global Tensioning Systems/Prestressed Concrete Market for Bonded post-tensioning, Revenue (USD Million) 2016 – 2026
    • 7.7.Unbonded post-tensioning
      • 7.7.1.Global Tensioning Systems/Prestressed Concrete Market for Unbonded post-tensioning, Revenue (USD Million) 2016 – 2026
    • 7.8.External Prestressing
      • 7.8.1.Global Tensioning Systems/Prestressed Concrete Market for External Prestressing, Revenue (USD Million) 2016 – 2026
  • Chapter 8.Tensioning Systems/Prestressed Concrete Market – Force Applied Segment Analysis
    • 8.1.Global Tensioning Systems/Prestressed Concrete Market Overview: by Force Applied
      • 8.1.1.Global Tensioning Systems/Prestressed Concrete Market Revenue Share, by Force Applied, 2019 & 2026
    • 8.2.Global Tensioning Systems/Prestressed Concrete Market Analysis/Overview – By Force Applied
      • 8.2.1.Electrical – Overview/Analysis
      • 8.2.2.Mechanical – Overview/Analysis
      • 8.2.3.Hydraulic – Overview/Analysis
    • 8.3.Electrical
      • 8.3.1.Global Tensioning Systems/Prestressed Concrete Market for Electrical, Revenue (USD Million) 2016 - 2026
    • 8.4.Mechanical
      • 8.4.1.Global Tensioning Systems/Prestressed Concrete Market for Mechanical, Revenue (USD Million) 2016 - 2026
    • 8.5.Hydraulic
      • 8.5.1.Global Tensioning Systems/Prestressed Concrete Market for Hydraulic, Revenue (USD Million) 2016 - 2026
  • Chapter 9.Tensioning Systems/Prestressed Concrete Market – Application Segment Analysis
    • 9.1.Global Tensioning Systems/Prestressed Concrete Market Overview: by Application
      • 9.1.1.Global Tensioning Systems/Prestressed Concrete Market Revenue Share, by Application, 2019 & 2026
    • 9.2.Global Tensioning Systems/Prestressed Concrete Market Analysis/Overview – By Application
      • 9.2.1.Building Structures – Overview/Analysis
      • 9.2.2.Civil Structures – Overview/Analysis
    • 9.3.Building Structures
      • 9.3.1.Global Tensioning Systems/Prestressed Concrete Market for Building Structures, Revenue (USD Million) 2016 - 2026
    • 9.4.Civil Structures
      • 9.4.1.Global Tensioning Systems/Prestressed Concrete Market for Civil Structures, Revenue (USD Million) 2016 - 2026
  • Chapter 10.Tensioning Systems/Prestressed Concrete Market – Regional Analysis
    • 10.1.Global Tensioning Systems/Prestressed Concrete Market: Regional Overview
      • 10.1.1.Global Tensioning Systems/Prestressed Concrete Market Revenue Share, by Region, 2019 & 2026
      • 10.1.2.Global Tensioning Systems/Prestressed Concrete Market Revenue, by Region, 2016 – 2026 (USD Million)
    • 10.2.North America
      • 10.2.1.North America Tensioning Systems/Prestressed Concrete Market Revenue, 2016 - 2026 (USD Million)
      • 10.2.2.North America Tensioning Systems/Prestressed Concrete Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 10.2.3.North America Tensioning Systems/Prestressed Concrete Market Revenue, by Type, 2016 – 2026
      • 10.2.4.North America Tensioning Systems/Prestressed Concrete Market Revenue, by Force Applied, 2016 – 2026
      • 10.2.5.North America Tensioning Systems/Prestressed Concrete Market Revenue, by Application, 2016 – 2026
      • 10.2.6. U.S.
      • 10.2.7.Canada
    • 10.3.Europe
      • 10.3.1.Europe Tensioning Systems/Prestressed Concrete Market Revenue, 2016 - 2026 (USD Million)
      • 10.3.2.Europe Tensioning Systems/Prestressed Concrete Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 10.3.3.Europe Tensioning Systems/Prestressed Concrete Market Revenue, by Type, 2016 – 2026
      • 10.3.4.Europe Tensioning Systems/Prestressed Concrete Market Revenue, by Force Applied, 2016 – 2026
      • 10.3.5.Europe Tensioning Systems/Prestressed Concrete Market Revenue, by Application, 2016 – 2026
      • 10.3.6.Germany
      • 10.3.7.France
      • 10.3.8. U.K.
      • 10.3.9.Rest of Europe
    • 10.4.Asia Pacific
      • 10.4.1.Asia Pacific Tensioning Systems/Prestressed Concrete Market Revenue, 2016 - 2026 (USD Million)
      • 10.4.2.Asia Pacific Tensioning Systems/Prestressed Concrete Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 10.4.3.Asia Pacific Tensioning Systems/Prestressed Concrete Market Revenue, by Type, 2016 – 2026
      • 10.4.4.Asia Pacific Tensioning Systems/Prestressed Concrete Market Revenue, by Force Applied, 2016 – 2026
      • 10.4.5.Asia Pacific Tensioning Systems/Prestressed Concrete Market Revenue, by Application, 2016 – 2026
      • 10.4.6.China
      • 10.4.7.Japan
      • 10.4.8.India
      • 10.4.9.Rest of Asia Pacific
    • 10.5.Latin America
      • 10.5.1.Latin America Tensioning Systems/Prestressed Concrete Market Revenue, 2016 - 2026 (USD Million)
      • 10.5.2.Latin America Tensioning Systems/Prestressed Concrete Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 10.5.3.Latin America Tensioning Systems/Prestressed Concrete Market Revenue, by Type, 2016 – 2026
      • 10.5.4.Latin America Tensioning Systems/Prestressed Concrete Market Revenue, by Force Applied, 2016 – 2026
      • 10.5.5.Latin America Tensioning Systems/Prestressed Concrete Market Revenue, by Application, 2016 – 2026
      • 10.5.6.Brazil
      • 10.5.7.Mexico
      • 10.5.8.Rest of Latin America
    • 10.6.The Middle-East and Africa
      • 10.6.1.The Middle-East and Africa Tensioning Systems/Prestressed Concrete Market Revenue, 2016 - 2026 (USD Million)
      • 10.6.2.The Middle-East and Africa Tensioning Systems/Prestressed Concrete Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 10.6.3.The Middle-East and Africa Tensioning Systems/Prestressed Concrete Market Revenue, by Type, 2016 – 2026
      • 10.6.4.The Middle-East and Africa Tensioning Systems/Prestressed Concrete Market Revenue, by Force Applied, 2016 – 2026
      • 10.6.5.The Middle-East and Africa Tensioning Systems/Prestressed Concrete Market Revenue, by Application, 2016 – 2026
  • Chapter 11.Company Profiles
    • 11.1.L&T Construction
    • 11.2.Skanska
    • 11.3.Taiheiyo Cement Corporation
    • 11.4.HeidelbergCement
    • 11.5.Cultman Precast Concrete Limited
    • 11.6.Coreslab Structures
    • 11.7.Mulin Concrete Products Company
    • 11.8.Tindall Corporation
    • 11.9.The Prestressed Group
    • 11.1.American Concrete Products

Methodology


Frequently Asked Questions

The growth of the construction industry and rising urbanization are expected to boost the demand for prestressed concrete system or tensioning system market. Governments across all regions are concentrating on promoting the development of infrastructure, particularly in growing economies, leading to numerous real estate and infrastructure reforms and regulations. Although 2020 has been a tough year for construction industry due to Covid-19, it is predicted that the industry will show an excellent growth in the near future, especially in the developing economies. For instance, the Indian construction industry is expected to reach nearly USD 738.56 Billion by 2022 with a growth rate of 15.7% and is expected to be among the third largest globally.

According to Zion Market Research, the Tensioning Systems/Prestressed Concrete market is expected to generate revenue of around USD 20,183.9 Million in 2019 and is expected to reach USD 32,090.7 Million by 2026, growing at a CAGR of 6.85%.

Asia-Pacific is expected to lead the pre-pressed concrete market, followed by Europe, owing to increased growth in the construction sector in the region. The ASEAN countries are anticipated to increase their budgets for industrial residential, and infrastructural projects in the next five years. The powerhouse of Asia Pacific is China, despite being the epicentre of the Covid-19 pandemic. China has shown signs of recovery by resuming construction of key projects. Overall, rapid urbanization and increased government spending, consumer spending and investments in real estate have set ASEAN economies on the track to double in the coming years, boosting the demand for prestressed concrete in the region.

Some of key players in Tensioning Systems/Prestressed Concrete market are L&T Construction, Skanska, Taiheiyo Cement Corporation, HeidelbergCement, Coltman Precast Concrete Limited, Coreslab Structures, Molin Concrete Products Company, Tindall Corporation, The Prestressed Group, and American Concrete Products among others.

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