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Latin America Galvanized Strand Market

Latin America Galvanized Strand Market

  • Published on : 21 October 2024
  • Pages :205
  • Report Code:SMR-8013804

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Report overview

The Latin America Galvanized Strand market size was valued at US$ 287 million in 2024 and is projected to reach US$ 389 million by 2030, at a CAGR of 5.2% during the forecast period 2024-2030.
Galvanized strand is a high-strength steel wire coated with zinc for corrosion resistance, used in various applications including power transmission, telecommunications, and construction.
The Latin American galvanized strand market is growing steadily, driven by infrastructure development and the expansion of power distribution networks. Brazil, Mexico, and Argentina account for 65% of the regional market. In 2023, the power transmission sector consumed 50% of galvanized strand in Latin America. The market saw a 14% increase in demand for high-tensile strength galvanized strand in 2023, particularly for long-span power line applications. Use in telecommunications for fiber optic cable support is growing at 8% annually. Key manufacturers are focusing on developing advanced zinc-aluminum alloy coatings, with an 18% year-over-year increase in product launches featuring enhanced corrosion resistance. The industry is also witnessing a trend towards pre-stretched galvanized strand, with a 22% rise in sales of products offering reduced creep and improved long-term performance.

Report Includes

This report is an essential reference for who looks for detailed information on Latin America Galvanized Strand. The report covers data on Latin America markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Latin America major vendors¡¯ information. In addition to the data part, the report also provides overview of Galvanized Strand, including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.

This report aims to provide a comprehensive presentation of the Latin America Galvanized Strand, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Galvanized Strand. This report contains market size and forecasts of Galvanized Strand in Latin America, including the following market information:
We surveyed the Galvanized Strand manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

by Country

•    Brazil
•    Mexico
•    Argentina
•    Chile
•    Colombia
•    Peru
•    Venezuela

by Products type:

•    Electro Galvanized Strand
•    Hot-Dip Galvanized Strand

by Application:

•    Power Distribution Network
•    Bridge
•    Others

key players include: (At least 8-10 companies included)

•    ArcelorMittal
•    Ternium
•    Gerdau
•    Acerinox
•    CSN (Companhia Sider