Los Angeles, CA -- (SBWire) -- 10/03/2019 --The global post-tensioning system market is anticipated to exhibit growth with increasing investment in construction activities and development of infrastructure facilities. Need to maximize structural efficiency and strength and high requirement for effective design solutions in construction projects could create strong demand for post-tensioning system. Some of the common applications of post-tensioning system are car park structures, industrial floor slabs, commercial buildings, and residential developments. Penetration of new techniques such as 3D printing in the construction industry could be beneficial for the global post-tensioning system market.
In June 2019, Concreative, a Dubai-based concrete 3D printing company founded by Freyssinet, Draw Link, and E-Construct, inaugurated its new large-scale additive manufacturing unit in Dubai. 3D printing allows engineers and architects to draw elements that are structural as well as aesthetic when combined with post-tensioning or additional reinforced concrete techniques on site.
Expansion of Construction Industry to Augment Demand for Post-tensioning System
Rise of the construction industry and high demand for complex construction and infrastructure designs are expected to provide a good momentum to the growth of the global post-tensioning system market. Increasing requirement for post-tensioning systems with excellent stiffness and strength for special construction projects could create rewarding business opportunities for players. Implementation of tight government regulations in the construction industry is anticipated to push forward the demand in the global post-tensioning system market. Post-tensioning system could play an important role to help avoid construction failures.
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Companies to Adopt Merger and Acquisition as Key Market Growth Strategy
Some of the important players of the global post-tensioning system market are VSL, Traffic Prestressed, Freyssinet, DSI, QMV, Suncoast Post-Tension, AYM, SRG, Kaifeng Tianli, BBV, Amsysco, VLM, TMG Global, OVM, and Tendon Systems. Among these, Suncoast Post-Tension, DSI, Freyssinet, and VSL could be in leading positions in the global post-tensioning system market, whereas Kaifeng Tianli, VLM, and OVM are likely to become more prominent players of the China market. Players are expected to enter into merger and acquisition deals to bolster their specific portfolios of products and services.
In July 2019, DYWIDAG-Systems International, a Luxembourg-based provider of innovative products and systems for the construction industry, acquired PARTEC System. The acquisition will help DYWIDAG to increase its presence and expand its manufacturing footprint in the Polish market. Moreover, it marks a significant milestone for the company's concrete accessories division.
By Type
? Unbonded Post-tensioning System
? Bonded Post-tensioning System
By Application
? Building
? Bridge and Entertainment Complex
? Energy
? Others
Bonded post-tensioning system is largely used in civil engineering projects such as stay cable structures, liquefied natural gas storage tanks, and water tanks. Bonded multistrand post-tensioning system is extensively used in commercial buildings, transportation structures, and bridges. Unbonded monostrand post-tensioning system is usually adaptable to a range of structures and finds application in mat foundation, shear wall, joist, transfer girder, beam, slab-on-grade foundation, and elevated slab. On the basis of application, the global post-tensioning system market is segmented into energy, bridge and entertainment complex, building, and others.
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Post-Tensioning System Market Growth Rate, Key Players, Suppliers, Types & Applications to 2025