Precast Concrete Market Worth $174.1 Billion By 2025 | What You Need To Know In 2021 About

Abhijeet W

Precast Concrete Market Worth $174.1 Billion By 2025 | What You Need To Know In 2021 About

The global precast concrete market size is projected to grow from USD 130.6 billion in 2020 to USD 174.1 billion by 2025, at a CAGR of 5.9% from 2020 to 2025. The precast concrete market is expected to witness significant growth in the future due to its increased demand in residential and commercial construction. Growth in construction of new residential & commercial spaces, and increase in the demand for cost-effective, and low maintainence building produts, are likely to support the growth of the precast concrete market during the forecast period.

♦ To know about the assumptions considered for the study, download the pdf brochure

COVID-19 impact on global precast concrete market

In 2020, the market had a nominal growth due to COVID-19 and witnessed a minimal decline in its demand in 2020. Due to COVID-19, the market is being hampered owing to slowing raw material production, supply chain disruption, hampered trade movements, declining construction demand, and reduced demand for new projects. However, the demand for modular buildings has increased owing to the increase in the number of COVID-19 cases and requirement for healthcare and quarantine buildings/ unit.

On the basis of element:

Columns & Beams
Floors & Roofs
Walls & Barriers
Girders
Pipes
Paving Slabs
Utility Vaults
Others (includes staircases, lintels, manholes, door & window components, and water & sewer system products)

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♦ Key Market Players

The precast concrete market is dominated by a few globally established players, such as LafargeHolcim Ltd. (Switzerland), Balfour Beatty plc (UK), Skanska AB (Sweden), CRH Plc (UK), Cemex S.A.B de C.V. (Mexico), Laing O’Rourke (UK), Julius Berger Nigeria Plc (Nigeria), and Boral Limited (Australia), amongst others.

Significant increase in the demand for precast concrete for non-residential construction

By End-use sector, the non-residential segment is projected to be the largest segment in the precast concrete market. The non-residential segment generates higher demand for the precast concrete products, due to the increased investment in new commercial construction projects. Factors such as durability, low maintenance, cost-effective, and less construction time will fuel the demand for precast concrete for new projects.

APAC region to lead the global precast concrete market by 2025

The APAC region accounted for the largest market share in 2019. Growing population, rapid urbanization, and the construction sector are among the key factors propelling industry expansion in the region. New building constructions with improved energy-efficient solutions for residential and commercial sectors in several APAC countries are fueling the demand for precast concrete in the region.

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Abhijeet W

Precast Concrete Market Information, Figures, Industry Drivers, Analytical Insights, And Future Roadmap by 2030

Gracey Cummins 2022-05-12

According to the research report published by Polaris Market Research, the Global Precast Concrete Market Size Is Anticipated To Reach USD 149. infographics and diagrams were used to present an examination of the global Precast Concrete Market. Furthermore, the geographic coverage in the study comprises the factors that affect the growth of the global Precast Concrete Market across each region. About Us:Polaris Market Research is a worldwide market research and consulting organization. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

Precast Concrete Market is Estimated to Witness High Growth Owing to Opportunity in Construction Sector

Poonam 2024-02-06

The increased demand for innovative construction techniques as well as reduced construction time is expected to drive the growth of the precast concrete market. The global Precast Concrete Market is estimated to be valued at US$ 122. The demand for durable and high quality construction materials like precast concrete is estimated to rise substantially as construction activities continue to accelerate globally. Key Takeaways The global Precast Concrete Market Growth is expected to witness high growth. Key players operating in the precast concrete market are Curia, Genscript, Evotec, Eurofins Scientific, Laboratory Corporation of America Holdings.

Global Precast Concrete Market worth $198.9 billion by 2027

marketsandmarkets 2023-06-20

htmlThe global precast concrete market is projected to reach USD 198. ”Columns & Beams, by element, accounted for the largest market share in the precast concrete market. “The APAC region is projected to account for the largest share of the precast concrete market during the forecast period. ”The APAC region is projected to lead the precast concrete market in terms of value and volume from 2022 to 2027. id=125074015Key Market Players :A few of the key players in the precast concrete market are LafargeHolcim Ltd.

Precast concrete Market Opportunities & Global Analysis -2028

Stephan Burnett 2022-04-26

Hence, with the growing demand for cost-effective and safe material, the demand for precast concrete is expected to rise. The growing adoption of green and modular construction material is expected to proliferate the demand for precast concrete products in global market. The precast concrete market is constantly innovating, driven by changes in global markets, rise in consumer demands, and labor cost pressures. Further, 3D printed precast concrete forms are also providing new creative solutions and a completely new way of thinking about design to the architectural precast industry. This report on ‘Precast concrete Market’ provides the analysis on impact on Covid-19 on various business segments and country markets.

Global Precast Concrete Market 2022 to 2028 is expected to grow at a CAGR of 5.3%

Sanket Badgujar 2022-06-03

The latest research report on the Precast Concrete Market Forecast 2022-2028 provides a quick overview of the global Precast Concrete market by examining the international industrial infrastructure, as well as some key players, obstacles, development drivers, and other influencing factors. In addition, the Precast Concrete market research study uncovers production demand, supply growth, current technological breakthroughs, predicted growth potential, and key industry characteristics. Get a Free Sample Copy of the Precast Concrete Market 2022: https://extrapolate. Furthermore, the research report on the global Precast Concrete market includes future spending plans, a futuristic perspective, business prospects, distinct difficulties, systematic innovations, demand analysis, and newer inventions in the global Precast Concrete market. All of the aspects listed above are considered incredibly vital factors in the global Precast Concrete market and are also responsible for analyzing various viewpoints of the international business.

Precast Concrete Market Research Methodology and Scope Analysis by 2025

Raj Singh 2021-12-21

The scope of the global Precast Concrete Market was appreciated by US$ 78. The precast concrete market is estimated to develop by a CAGR of 6. The precast concrete market on the source of Type of End Use could span Infrastructure, Housing, Non-Housing. Water handling products are utilized to transport water from dams to metropolises and waste handling products are utilized to the transferal of sewage from metropolises to sewage handling units. The precast concrete market on the source of Area concerning Trades in terms of intake, Profits, Market stake, and Development percentage of precast concrete could span North America [U.

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Global Precast Concrete Industry Trends Market 2022-2030 | New Study, Trend and Forecast Report

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The global precast concrete market is on its way to be worth the value of USD 103,666. The precast concrete market has noted sturdy growth backed by the advancing degree of industrialization, urbanization, as well as infrastructural developments. Key Competitors:Prominent players profiled in the precast concrete market include-SKANSKA AB (Sweden)Jensen Precast (U. Regional Analysis:Region-centered segments in the precast concrete market include North America, Asia Pacific, Europe and the rest of the world. Get More Information on Precast Concrete Market Research Report – Forecast to 2023 @ https://www.

Global Precast Concrete Market Size 2022-2028 | Boral, CEMEX, Forterra, Tindall, Spancrete

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Precast Concrete Market Share, Trends & Emerging Growth Prospects, Analysis With Expected Growth During Forecast Period 2029

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2 % during the forecast period (2022-2029)Precast Concrete Market Overview:This Precast Concrete industry research offered a thorough examination of the global Precast Concrete Market Growth, taking into consideration all important criteria including development drivers, constraints, market advancements, top investment pockets, potential growth areas, and trends. The Precast Concrete market study offers analyses of the top end users in the Precast Concrete Market Share as well as yearly projections through 2027. COVID-19 Impact Analysis on Precast Concrete Market:The paper provides a micro- and macroeconomic analysis to explain the overall effect of COVID-19 on the health insurance market. For any Queries Contact us:Key Questions answered in the Precast Concrete Market Report are:What is the function of Precast Concrete share? Who are the major market giants operating in the Precast Concrete market industry?

Solid Foundations: Navigating the Growing Precast Concrete Market

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*Introduction*The global construction industry has been witnessing a significant transformation with the rapid expansion of the precast concrete market. *Driving Factors*The precast concrete market's growth can be attributed to several key factors:1. **Efficiency and Speed:** Precast concrete components are manufactured in controlled environments, allowing for efficient production and reduced construction time on-site. *Impact on Construction Industry*The growth of the precast concrete market has reshaped construction practices:1. *Conclusion*The precast concrete market's trajectory is characterized by innovation, efficiency, and sustainability.

Precast Concrete Market by Manufacturers, Types, Regions and Application 2029

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2 % during the forecast period (2023-2029)Precast Concrete Market OverviewThe research includes information on global and regional Precast Concrete Market as well as a thorough analysis of the market's long-term prospects. The market segmentation in the Maximize market research report is the most comprehensive in the Precast Concrete market. com/request-sample/25558 Precast Concrete Market ScopeThe research report evaluates the attractiveness of geographies and sectors based on the compound annual growth rate (CAGR) and size of the Precast Concrete market. Julius Berger Nigeria Plc (Nigeria)Precast Concrete Regional AnalysisThe study delves into the Precast Concrete market in depth, segmenting it into regions. About Maximize Market Research:Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries.

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Precast Concrete Market is projected to reach US$ 159.8 Bn by 2028, at a CAGR of 4.4%

Nilesh A. 2022-06-08

This report provides a deep insight into the worldwide Precast Concrete Market industry covering all its essential aspects. , ELO KGBouygues ConstructionBalfour BeattyOldcastle PrecastOthersPrecast Concrete Market 2022 segments by product types:Building ComponentsTransportationWater & Waste HandlingOthersThe Application of the World Precast Concrete Market 2022 as follows:ResidentialNon-ResidentialGlobal Precast Concrete Market Regional Segmentation• Precast Concrete North America Market(the United States, Canada, and Mexico)• Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)• Precast Concrete Europe Market(Germany, France, UK, Russia, and Italy)• The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)• Precast Concrete South America Market(Brazil, Argentina, Colombia, etc. This highly informative document offers comprehensive market data related to the many elements and subdivision of the worldwide Precast Concrete Market. The study of Precast Concrete Market will help trades and decision-makers to deal with the challenges and to realize benefits from a highly competitive global market. Read Report Overview and TOC Of Precast Concrete Market Report: https://extrapolate.

Global Precast Concrete Market

nisha bhushinge 2020-02-27

Global Precast Concrete Market was valued at US$ 103.90 Bn in 2019 and is expected to reach US$ 142.90 Bn by 2027, at a CAGR of 4.56 % during a forecast period.Precast Construction is referred to as technology where the concrete and other construction material are mixed, cast, and preserved in a controlled environment at manufacturing units.

These manufactured construction elements are formerly elated to the site location and assembled.

Precast construction is used for the construction of custom-designed components, includes columns, slabs, walls, staircases, girders, and others An upsurge in construction spending, rapid urbanization, and industrialization in developing countries, development in a requirement for development of low-cost residential units are expected to boom global precast concrete market.

Higher efficiency and productivity achieved by precast methods and enlarged speed of construction by precast technology are the major key factors, which boost the growth in the global precast concrete market.

The objective of the report is to present a comprehensive assessment of the global precast concrete market and contains considerate insights, facts, historical data, industry-validated market data and projections with appropriate set of traditions and methodology.

The report also provides a clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global precast concrete market.

Global Precast Concrete Market Trends, Application, And Regional Forecast To 2027

Kartik Pilla 2022-12-06

The global Precast Concrete Market size is projected to grow from USD 144. “Relocatable buildings segment to be the third largest segment from 2022 to 2027, for precast concrete. Due to technological developments in Germany, the precast concrete market in this country is projected to grow at a higher rate than in other European countries. The study includes an in-depth competitive analysis of these key players in the precast concrete market, with their company profiles, and key market strategies. The report also provides a comprehensive review of market drivers, restraints, opportunities, and challenges in the precast concrete market.

Precast Concrete Market – Industry Insights by Product And Region

Sara James 2023-02-17

The global Precast Concrete Market size is expected to reach USD 156. Offsite construction is gaining prominence in the construction industry as the method helps in saving time and avoiding material wastage. Although precast concrete has several advantages over conventional concrete, its use in developing countries is limited due to the high investment involved. The construction of single-family houses in the region contributed majorly to the residential construction market. The prominent industry players have signed agreements with raw material suppliers and construction companies to maintain their market position.

Precast Concrete Market Insight | Outlook | Growth Analysis Report 2022-2028

Aniqa Sheikh 2022-10-11

Moreover, the report also highlights a sudden occurrence of COVID-19 impact on Precast Concrete market to improve future capacities and other developments. The broad precast concrete market has been sub-grouped into structures, construction market, products and applications. Request a FREE Sample Copy of Precast Concretes Market Report with Full TOC At: https://www. The key players in the precast concrete market include Oldcastle Precast, Coreslab International, Metromont, CEMEX SAB de CV, CRH Plc. Browse Full Global Precast Concretes Market Research Report With TOC At: https://www.

The Global Precast Concrete Market Growth Accelerated By Rising Investments In Infrastructure Development

Leena Shedmake 2024-01-16

The global Precast Concrete Market is estimated to be valued at US$ 106. Segment AnalysisThe global precast concrete market is dominated by structural building components segment. The global Precast Concrete Market is estimated to be valued at US$ 106. Regional analysisThe Asia Pacific region currently dominates the global precast concrete market with over 35% share. Key playersKey players operating in the precast concrete market are Curia, Evotec, Eurofins Scientific, Laboratory Corporation of America Holdings, among others.

Precast Concrete Market | Industry Research Report 2021-2028

Radhika 2022-04-25

Moreover, the report also highlights a sudden occurrence of COVID-19 impact on the Precast Concrete market to improve future capacities and other developments. The broad precast concrete market has been sub-grouped into structures, construction market, products and applications. Request a FREE Sample Copy of Precast Concretes Market Report with Full TOC At: https://www. The key players in the precast concrete market include Oldcastle Precast, Coreslab International, Metromont, CEMEX SAB de CV, CRH Plc. Browse Full Global Precast Concretes Market Research Report With TOC At: https://www.

Global Precast Concrete Market Size To Attain US$ 155 Billion By 2028 - Ken Research

Ken Research 2022-12-06

According to Ken Research Analysis, the Global Precast Concrete Market is expected to record a positive CAGR of ~6% during the forecast period (2022-2028) and is expected to reach approximately US$ 155 billion by 2028. As a result, Precast Concrete Market is rising due to less time and effort needed as well as the high level of durability of precast concrete structures. In addition, the report also covers market size and forecasts for the four major regions’ Precast Concrete Market. By Geography: North America accounted for the largest market share in 2021 within the total Global Precast Concrete Market. Key Topics Covered in the ReportSnapshot of the Global Precast Concrete MarketIndustry Value Chain and Ecosystem AnalysisMarket size and Segmentation of the Global Precast Concrete MarketHistoric Growth of the Overall Global Precast Concrete Market and SegmentsCompetition Scenario of the Market and Key Developments of CompetitorsPorter’s 5 Forces Analysis of the Global Precast Concrete MarketOverview, Product Offerings, and SWOT Analysis of Key CompetitorsCOVID-19 Impact on the Overall Global Precast Concrete MarketFuture Market Forecast and Growth Rates of the Total Global Precast Concrete Market and by SegmentsMarket Size of Product / Application Segments with Historical CAGR and Future ForecastsAnalysis of the Precast Concrete Market in Major RegionsMajor Production / Consumption Hubs in the Major RegionsMajor Country-wise Historic and Future Market Growth Rates of the Total Market and SegmentsOverview of Notable Emerging Competitor Companies within Each Major CountryMajor Players Mentioned in the reportLafargeHolcimARTOSauereisenKijlstra precast LtdCarlow Precast Concrete EngineeringQingdao Qingde Precast Accessories Co.