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2023

Post-tensioning Systems Market

Post-tensioning Systems Market Size, Share, Competitive Landscape and Trend Analysis Report by Structure Type (New Structures, Structure Repairing), by Type (Bonded, Unbonded), by Application (Building, Bridge - Internal Post-Tensioning, Bridge - External Post-Tensioning, Energy and Power Industry, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032

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Author's: Ajitesh Gupta | Sonia Mutreja
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Post-tensioning Systems Market Research: 2032

The Global Post-tensioning Systems Industry was valued at $12.2 billion in 2022, and is projected to reach $26.9 billion by 2032, growing at a CAGR of 8.2% from 2023 to 2032. A post-tensioning system is a construction technique used to enhance the strength and performance of concrete structure. It involves the insertion of high strength steel tendons or cables into concrete. Once the concrete has reached a certain strength, these tendons are tensioned or pulled tight using hydraulic jacks and anchored at both ends with specialized anchored system. Post tension is widely used in various construction applications including buildings, bridges, parking structures, and slabs.

Demand for greater transportation and construction projects has increased by increased urban mobility. In addition, investments are being allocated to expand transportation infrastructure projects and upgrade already-existing infrastructure. Some of these projects include expanding roads and bridges, organizing new development around the nation, and repairing harmed buildings. For instance, in 2021, the Bipartisan Infrastructure Deal was signed by the president of the U.S., and it allocated $550 billion for new federal investments in the infrastructure of the nation. 

Post-tensioning Systems Market

To raise the standard of living for the populace by granting them access to reliable, clean, and safe transportation, more than $110 billion is allotted to public transportation infrastructure in this budget. Similarly, in August 2021, the Ministry of Transportation and Infrastructure announced a $837 million Trans-Canada highway widening project between Alberta and B.C. In order to complete this project, which will add more than 1,200 direct jobs and 700 indirect ones, bridges must be built, and two-lane highways must be widened to four lanes. Thus, governments of various countries are increasingly investing in infrastructural development, such as improvement of roads and bridges. This, in turn, is projected to foster the demand for post-tensioning systems, thereby augmenting the market growth, globally and is further helping in expansion of post-tensioning systems market size.

In addition, post tensioning technology offers substantial material saving, enabling the construction of more economical structure by reducing the need of extensive concrete and steels. This cost effectiveness aligns with the industry demand for innovative methods that can improve the return on investment for construction projects. Additionally, post tensioning can enhance structural durability, reduce maintenance expenses and contribute to sustainable construction practices, make it the best choices for builder and developer looking to optimize project economic and environmental impact. Moreover, owing to demand for fast paced construction with accuracy, post-tensioning systems are rapidly developing. Hence, such advantages propel the Post-tensioning Systems Market Growth. 

Post-tensioning Systems Market by Structure Type

By Structure Type:

The Post-Tensioning Systems market is divided into new structures and structure repairing. In 2022, new structures segment held the highest market and is estimated to maintain its leadership status throughout the forecast period owing to increase in demand for cost effective and sustainable construction solutions propels the growth of the market during forecast periods. In addition, in new construction activities, post-tensioning systems are effective in construction of beams and slabs of buildings as well as large tanks for the energy & power sector.

Rapid industrialization and urbanization in the emerging countries such as China, Brazil, and India will lead to increase in demand for post-tensioning systems, as there are numerous development plans for roads, dams, and power generation infrastructures. On the other hand, structure repairing segment is projected to manifest the highest CAGR of 8.9% from 2023 to rise in awareness regarding economic and safety benefits of maintaining and extending the service life of existing infrastructure propels growth of market during forecast periods. In addition, aging post tension structures face corrosion, deterioration, and structural deficiencies. Many builders, government, and asset owners are increasingly investing in repair and rehabilitation to ensure safety and functionality of crucial infrastructure. 
However, post-tensioning systems require specialized knowledge and expertise for their proper installation and construction of infrastructure. skilled labor is essential not only for the initial construction phase but also for the long-term maintenance and safety of post tension structure. The shortage of qualified professionals in this field can lead to various challenges such as delays and errors during installation and potential compromising the structural integrity of the building structures. In addition, it also limits the scalability of post tensioning projects especially in regions where there is a scarcity of trained workers. Moreover, the demand for skill can drive the labor cost, making a post tensioning project less cost competitive. Hence, such disadvantages hinder the market growth during post-tensioning systems market forecast periods.
On the contrary, as per the post-tensioning systems market overview, the transportation and construction sectors are a major factor promoting regional and economic development. They help in providing a great influence over the national integration of the world economy. Different developing countries, such as India, have rich history in terms of trade through seas, bridges, and roads. These infrastructures in such a case play an important role for economic activities across the coastal areas. The higher the throughput of passengers and goods, the more infrastructure provisions would be required. 

Post-tensioning Systems Market by Type

By Type:

The Post-Tensioning Systems market is classified into bonded and unbonded. The bonded segment held the highest market share in 2022, and is estimated to maintain its leadership status throughout the forecast period. The bonded post-tensioning tendon has the capability of developing its force in a relatively short distance along its length. The bonded post-tensioning system market is growing as a result of the use of bonded systems in a variety of infrastructure sectors, including the building of bridges, slabs, and the energy & power industry.

However, the unbonded segment is projected to manifest the highest CAGR of 8.7% from 2023 to 2032 as unbonded post tension system offers great flexibility and adjustability during the construction process. This flexibility allows for more precise tension adjustment, making them suitable for a wide range of applications, including building, parking structure, and bridges. 

Hence, this factor is expected to provide growth to the economy of the country. In addition, ports are important for the support of economic activities in the hinterland. This is due to the fact that they provide connectivity between land and sea transport. In addition, they serve as the cheapest mode of transportation as compared to the other means of transport. Thus, as industries require cheap and safe means of importing raw materials and exporting finished goods, many industries are located across the coastal belts. Hence, this influences the lives of employees in different developing and underdeveloped countries, which, in turn, is expected to offer Post-tensioning Systems Market Opportunity.

Segmental Overview

The post-tensioning systems market is segmented into structure type, type, application and region. The structure type in the study includes new structure and structure repairing. By type, the market is divided into bonded and non-bonded and by application, it is segmented into building, bridge—internal post-tensioning, bridge—external post-tensioning, energy & power, and others. 

By Region, The post-tensioning systems market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Italy, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

Post-tensioning Systems Market by Application

By Application:

The Post-Tensioning Systems market is categorized building, bridge—internal post-tensioning, bridge—external post-tensioning, energy & power, and others. In 2022, the bridge-internal post tensioning segment accounted for the largest share and is projected to maintain its lead position during the forecast period. Systems for internal post-tensioning are robust, dependable, and corrosion-proof. Internal post-tensioning methods make bridge construction safer and more enduring. Companies that provide post-tensioning systems, such DYWIDAG and VSL International Ltd., provide internal post-tensioning technology to build bridges, propelling the post-tensioning systems market globally.

However, the bridge-external post tensioning segment is expected to portray the largest CAGR of 9.6% from 2023 to 2032. External post-tensioning is effective in renovation and repairing of old bridges. Furthermore, several new development projects are being planned in Africa. For instance, in October 2022: Nigeria's Lagos state government has started a construction of a new airport in the Lekki-Epe region. Construction on the new airport facility, which covers 3,500 hectares, is scheduled to start in 2023. Thus, an increase in the number of such projects is anticipated to create a huge demand for external post-tensioning systems in the market during the  forecast period. 

Post-tensioning Systems Market by Region

By Region:

The Post-Tensioning Systems market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. In 2022,North America held the highest market share in terms of revenue, owing to the rise in government initiatives and investments in construction of bridges, water infrastructure, and other infrastructure in the U.S. are expected to drive the post tensioning system market growth. In addition, owing to rapid development of commercial infrastructure construction and old construction repair, which need post-tensioning systems to impart strength to the constructed infrastructure propel the growth of the market.

However, LAMEA is expected to witness the fastest CAGR of 9.8% from 2023 to 2032. In LAMEA region, the market is being driven by factors such as the expansion of the construction sector, growing urbanization, and technological advances. Furthermore, by 2050, the urban population is expected to increase; also, an increase in lifestyle, particularly in emerging nations, encourages the development of renovation projects.

Competition Analysis

Companies having significant Post-Tensioning Systems market share are Amsysco Inc., BBV Systems GmbH, Bouygues (VSL International Ltd.), DYWIDAG, Keller Group Plc. (Suncoast Post-Tension), Liuzhou OVM Machinery Co., Ltd., Soletanche Freyssinet (Freyssinet), SRG Global, Tendon LLC, and TMG Global Pte Ltd. Major players have adopted product launch, collaboration, and acquisition as key developmental strategies to improve the product portfolio of the Post-Tensioning Systems market.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the post-tensioning systems market outlook along with market segments, current trends, estimations, and dynamics of the post-tensioning systems market analysis from 2022 to 2032 to identify the prevailing post-tensioning systems market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the post-tensioning systems market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global post-tensioning systems market trends, key players, market segments, application areas, and market growth strategies.

Post-tensioning Systems Market Report Highlights

Aspects Details
Market Size By 2032
Market Size By 2032

USD 26.9 billion

Growth Rate
Growth Rate

CAGR of 8.2%

Forecast period
Forecast period

2022 - 2032

Report Pages
Report Pages

185

Post-tensioning Systems Market By Structure Type
By Structure Type
  • New Structures
  • Structure Repairing
Post-tensioning Systems Market By Type
By Type
  • Bonded
  • Unbonded
Post-tensioning Systems Market By Application
By Application
  • Building
  • Bridge - Internal Post-Tensioning
  • Bridge - External Post-Tensioning
  • Energy and Power Industry
  • Others
Post-tensioning Systems Market By Region
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, UK, France, Spain, Italy, Rest of Europe)
  • Asia-Pacific  (China, Japan, South Korea, India, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
Key Market Players
Key Market Players

BBV Systems GmbH, TMG Global Pte Ltd., DYWIDAG, Keller Group Plc. (Suncoast Post-Tension), Soletanche Freyssinet (Freyssinet), Liuzhou OVM Machinery Co., Ltd., SRG Global, VSL International Ltd., Amsysco Inc., Tendon LLC

Analyst Review

Post tensioning system enabled the construction of more efficient and cost-effective structure by reducing the amount of concrete and steel needed, which can lead to significant cost saving. In addition, the use of post tensioning allows for longer clear span building and bridges, which can be critical for architects and engineers looking to create esthetically pleasing and functional designs.  

However, the upfront cost of post tensioning system, including material and specialized labors, can be higher than traditional construction method, which may deter some projects, particularly those with budget constraints.  Furthermore, as the need for infrastructure deployment continues to grow, especially in emerging countries, there is significant opportunity for post tensioning system and building bridges, highway, and other critical infrastructure projects. 

Author Name(s) : Ajitesh Gupta | Sonia Mutreja
Frequently Asked Questions?

The global post-tensioning systems market was valued at $12,166.5 million in 2022, and is projected to reach $26,880.1 million by 2032, registering a CAGR of 8.2% from 2023 to 2032.???

The forecast period considered for the Post tensioning systems market is 2023 to 2032, wherein, 2022 is the base year, 2022 is the estimated year, and 2032 is the forecast year.

The latest version of Post tensioning systems market report can be obtained on demand from the website.

The base year considered in the Post tensioning systems market report is 2022.

The major players profiled in the consumer electronics electric motor market include, Amsysco Inc., BBV Systems GmbH, Bouygues (VSL International Ltd.), DYWIDAG, Keller Group Plc. (Suncoast Post-Tension), Liuzhou OVM Machinery Co., Ltd., Soletanche Freyssinet (Freyssinet), SRG Global, Tendon LLC, and TMG Global Pte Ltd.

The top ten market players are selected based on two key attributes - competitive strength and market positioning.

The report contains an exclusive company profile section, where leading companies in the market are profiled. These profiles typically cover company overview, geographical presence, market dominance, various strategies and recent developments.

By structure type, the new structures segment was the largest revenue generator in 2022.

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Post-tensioning Systems Market

Global Opportunity Analysis and Industry Forecast, 2023-2032