Post-tensioning systems braced for billion-dollar future
The global post-tensioning systems market is expected to be worth $980m by 2021
It is neither glamorous nor glitzy, but post-tensioning is an integral discipline for engineers in the Middle East and around the world – and new research shows that the global sector is rapidly heading towards the billion-dollar mark.
Bis Report’s Global Post-Tensioning System Market Report 2017 found that this critical engineering sector has expanded over the past five years. At an annual growth rate of 1.56%, the global post-tensioning sector’s value increased from $820m in 2013 to $860m in 2016. Analysts at Bis Report said that this trend would continue over the next few years, and that “by 2021, the market size for post-tensioning systems will reach $980m”.
That the post-tensioning sector is growing, even if only marginally, should come as no surprise to the Middle East’s builders. After all, the region is home to active construction schemes worth billions of dollars, and post-tensioning will be a critical part of the structural engineering programmes laid out for these upcoming projects.
Saudi Arabia alone has 5,200 construction projects at various stages of development, while the UAE’s building sector is gearing up as Expo 2020 Dubai readies to open its doors on 20 October 2020.
These megaprojects are being implemented while, elsewhere in the UAE, Arada’s massive Aljada development takes shape in Sharjah, and work progresses on the world’s first commercial hyperloop system in Abu Dhabi.
These developments, and others under way in the wider Middle East region, are proving beneficial for local post-tensioning outfits. For instance, European Company for Post Tension (Euro PT) is currently involved in projects within notable Egyptian schemes, such as New Cairo. Founded in 2016, Euro PT is Egypt’s sole provider of Mekano 4 (MK4) systems for pre-stressed slabs, tanks, and other special engineering structures. MK4 technology originated in Barcelona, Spain, and has been used for numerous infrastructure schemes in the Middle East. Its road project portfolio in the region includes the RA-186 bridge for Kuwait’s Ministry of Public Works with contractor Burhan International Construction.
At present, Euro PT is providing its ML 4/05 MK4 post-tensioning system for block 34 of Sodic Eastown within New Cairo. This six-month project has seen the provision of more than 370 tonnes of product, with its scope of work including the design of post-tension slabs, as well as their supply and installation.
Euro PT is also working on a multistorey car park facility for the Demrdash Hospital in Cairo, where it is providing 0.6-inch strands of ML 4/06 for the 20,000m2 project. Busy with this sizeable project portfolio, Euro PT is now hiring for a project manager and a technical office manager, according to updates posted on its LinkedIn page.
Of course, Euro PT’s is just one of the many growth stories that can be expected from the Middle East’s post-tensioning companies in the years to come. The rise of companies specialising in post-tensioning – which form an undeniably integral part of the construction supply chain – is surely good news for the Middle East’s building community as a whole.