The Global Precast Concrete Market size was valued at USD 92.14 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 5% from 2021 to 2027.
The precast construction market is a technology for mixing, casting and curing concrete and other building materials in a controlled environment at manufacturing units. These prefabricated components are then transported to a site location and assembled. Precast construction technology is used in the production of custom components such as columns, slabs, walls, stairs, girders, etc. Advances in precast technology, along with dimensional accuracy, have given architects and engineers the option to develop unique and groundbreaking structures of exceptional quality. The precast construction method also allows designers and engineers to rearrange components to plan future construction projects.
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Market Segments
On the basis of element:
- Columns & Beams
- Floors & Roofs
- Walls & Barriers
- Girders
- Pipes
- Paving Slabs
- Utility Vaults
On the basis of construction type
- Elemental Construction
- Permanent Modular Buildings
- Relocatable Buildings
On the basis of end-use Sector
- Residential
- Non-residential
Key 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.
Scope of the Report
The research study analyzes the global Precast Concrete industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
A full report of Global Precast Concrete Market is available at: https://www.orionmarketreports.com/precast-concrete-market/62574/
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Precast Concrete Market Report
1. What was the Precast Concrete Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Precast Concrete Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Precast Concrete Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Precast Concrete market.
- The market share of the global Precast Concrete market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Precast Concrete market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Precast Concrete market.
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