Market Overview
The 152Mm Unsecured Steel Strand market has gained significant traction in recent years, driven primarily by the growth of infrastructure and construction projects globally. These steel strands, widely used in prestressed concrete applications, offer exceptional tensile strength and durability, making them a preferred choice for bridges, highways, and high-rise buildings. The market has witnessed a steady rise in demand as urbanization accelerates and governments invest heavily in large-scale construction initiatives.
The global 15.2mm Unsecured Steel Strand market size is predicted to grow from US$ 167 million in 2025 to US$ 216 million in 2031; it is expected to grow at a CAGR of 4.4% from 2025 to 2031.
In addition to construction, the steel strand’s applications extend to marine, industrial, and transportation sectors, which require reliable and robust reinforcement materials. The global shift towards sustainable construction practices has further amplified the demand, as these strands contribute to the structural longevity and reduce maintenance costs over time. Market analysts predict a stable compound annual growth rate (CAGR) over the next five years, underpinned by infrastructure expansion in emerging economies and the modernization of aging structures in developed regions.
Market Dynamics
Several factors influence the 152Mm Unsecured Steel Strand market dynamics. Rising investments in infrastructure and construction are primary growth drivers. Urban expansion, particularly in Asia-Pacific and the Middle East, has led to increased demand for prestressed concrete structures, where these steel strands are indispensable. Moreover, advancements in steel production technology have improved the quality, consistency, and efficiency of manufacturing, allowing producers to meet the increasing global demand.
Conversely, the market faces challenges from fluctuating raw material prices, especially steel billets, which directly impact production costs. Additionally, stringent environmental regulations and the push for greener alternatives may influence market trends, encouraging manufacturers to explore more sustainable production methods. Despite these hurdles, the long-term outlook remains positive, with technological innovations and new applications continuously expanding the scope for market growth.
Key Players Analysis
The 152Mm Unsecured Steel Strand market is dominated by a mix of established multinational corporations and regional manufacturers. Leading players are investing heavily in production capacity expansion and R&D to improve strand performance and durability. These companies focus on building strategic partnerships, securing supply chains, and offering customized solutions to cater to large infrastructure projects.
Kiswire, Usha Martin, Sumiden, EXA, Silvery Dragon, Henan Hengxing Science & Technology, Fasten Group, Walsin Lihwa Corp, Tianjin Takatsune Prestressed Steel Strand, Qingdao Ruisong Wire Rope, Weifang Special Steel Group, Hongxing Group Development. Major players are also exploring geographic expansion to capitalize on emerging markets, while some are diversifying their product portfolios to include coated or prestressed variants that address specific construction needs. Competitive pricing, consistent product quality, and strong distribution networks remain critical factors that influence market share and positioning.
Table Of Content
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Leucoxene Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Leucoxene by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Leucoxene by Country/Region, 2020, 2024 & 2031
2.2 Leucoxene Segment by Type
2.2.1 Leucoxene Sand
2.2.2 Leucoxene Flour
2.3 Leucoxene Sales by Type
2.3.1 Global Leucoxene Sales Market Share by Type (2020-2025)
2.3.2 Global Leucoxene Revenue and Market Share by Type (2020-2025)
2.3.3 Global Leucoxene Sale Price by Type (2020-2025)
2.4 Leucoxene Segment by Application
2.4.1 Titanium Dioxide Pigment
2.4.2 Welding Rods
2.4.3 Other
2.5 Leucoxene Sales by Application
2.5.1 Global Leucoxene Sale Market Share by Application (2020-2025)
2.5.2 Global Leucoxene Revenue and Market Share by Application (2020-2025)
2.5.3 Global Leucoxene Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Leucoxene Breakdown Data by Company
3.1.1 Global Leucoxene Annual Sales by Company (2020-2025)
3.1.2 Global Leucoxene Sales Market Share by Company (2020-2025)
3.2 Global Leucoxene Annual Revenue by Company (2020-2025)
3.2.1 Global Leucoxene Revenue by Company (2020-2025)
3.2.2 Global Leucoxene Revenue Market Share by Company (2020-2025)
3.3 Global Leucoxene Sale Price by Company
3.4 Key Manufacturers Leucoxene Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Leucoxene Product Location Distribution
3.4.2 Players Leucoxene Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Leucoxene by Geographic Region
4.1 World Historic Leucoxene Market Size by Geographic Region (2020-2025)
4.1.1 Global Leucoxene Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Leucoxene Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Leucoxene Market Size by Country/Region (2020-2025)
4.2.1 Global Leucoxene Annual Sales by Country/Region (2020-2025)
4.2.2 Global Leucoxene Annual Revenue by Country/Region (2020-2025)
4.3 Americas Leucoxene Sales Growth
4.4 APAC Leucoxene Sales Growth
4.5 Europe Leucoxene Sales Growth
4.6 Middle East & Africa Leucoxene Sales Growth
5 Americas
5.1 Americas Leucoxene Sales by Country
5.1.1 Americas Leucoxene Sales by Country (2020-2025)
5.1.2 Americas Leucoxene Revenue by Country (2020-2025)
5.2 Americas Leucoxene Sales by Type (2020-2025)
5.3 Americas Leucoxene Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
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Regional Analysis
Regionally, the Asia-Pacific region is a major contributor to the growth of the 152Mm Unsecured Steel Strand market, driven by rapid urbanization and large-scale government infrastructure projects in China, India, and Southeast Asia. North America and Europe continue to witness steady demand due to ongoing modernization and renovation of infrastructure, despite slower construction growth compared to emerging markets.
The Middle East and Africa present untapped opportunities as several countries invest in mega-projects, including stadiums, highways, and bridges. Latin America, while smaller in market size, is gradually adopting prestressed construction techniques, signaling potential for future expansion. Overall, regional dynamics are shaped by economic development, government spending on infrastructure, and adoption of advanced construction practices.
Recent News & Developments
Recent developments in the market highlight increased production capacity and technological upgrades by leading manufacturers. Some companies have introduced high-performance, corrosion-resistant steel strands to address durability concerns in marine and coastal construction. Strategic collaborations, mergers, and acquisitions have also been notable, enabling companies to strengthen their market presence and optimize supply chains.
Additionally, government initiatives promoting resilient infrastructure and public-private partnerships are expected to provide further momentum to the market. These developments reflect the industry’s focus on innovation, efficiency, and sustainability, positioning the market for long-term growth.
Scope of the Report
This report provides a comprehensive overview of the 152Mm Unsecured Steel Strand market, encompassing market size, growth projections, competitive landscape, and regional trends. While the report is not free, it serves as a valuable resource for stakeholders seeking insights into market dynamics, opportunities, and challenges. Beyond the standard report, customized data services are available to meet specific client requirements, offering deeper analytical insights, forecast modeling, and strategic recommendations for informed decision-making.
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