The Global Precast Concrete Market is estimated to reach USD 101.6 Billion in 2024 at a CAGR of 5.4%. The growth of the precast concrete Market is mainly attributed to the growing construction sector, which is an immediate outcome of the growing global population, rising per capita income, increasing urbanization and standard of living. However, higher initial investment required for the precast structure is expected to hinder the market growth in the forecast period.
Precast Concrete is the modern construction product, which is casted and cured in the controlled way with the help of the molds, away from the actual construction site. Precast concrete structures are relatively inexpensive, durable with low maintenance and is easy to install. Due to this, it is widely used in residential and non-residential construction for constructing walls, panels, columns, beams, parking lots, and many other structures.
Some key players of the market LafargeHolcim Ltd, Elematic Ltd., CEMEX S.A.B. de C.V., Larsen & Toubro Limited, Tindall Corporation, Taisei Corporation, Balfour Beatty plc, Laing O’Rourke, Skanska AB and CRH plc among others.
This market research report offers a comprehensive analysis of key market trends in the global Precast Concrete market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks. On the basis of type, the market is segmented into parking lots, foundations, bridges, walls, culverts, staircase, floors and paving slabs and others. By end-user, the Precast Concrete market is segmented into residential buildings, commercial buildings, institutional buildings, public infrastructure, industrial buildings. The regional analysis is covered under five major regions such as North America, South America, Europe, Asia-Pacific, and the Middle East and Africa, with individual country-level analysis.
The report on this market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
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Report Features |
Specifics |
|---|---|
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Historical/Estimated/Forecasted Market Size Years |
2017-2024 |
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Base Year for Market Calculation |
2018 |
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Forecasted Period |
2019-2024 (2019 estimated year, forecasted up to 2024) |
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Measured Units |
Value (USD Million) |
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Segments Included |
Structure, End-User |
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Regional Coverage |
Asia-Pacific, North America, Europe, Middle East & Africa, South America |
For the scope of report, In-depth segmentation is offered by Forencis Research
Precast Concrete Market, by Structure
Precast Concrete Market, by End User
Precast Concrete Market, by Region
1 INTRODUCTION
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.4 Regional Coverage
1.5 Research Timeline
1.6 Assumptions
1.7 Limitations
2 RESEARCH DESIGN & SCOPE
2.1 Introduction
2.2 Primary Research
2.2.1 Key Industry Expert Insight
2.3 Secondary Research
2.3.1 Vital Data from Secondary Sources
2.4 Market Size Estimation
2.5 Data Validation & Triangulation
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Introduction
4.2 Drivers
4.2.1. Growing Demand for Affordable, Efficient and Sustainable Construction
4.2.2. Advantages Such as Fireproof, Waterproof, Easy Installation, and Offers Resistance in Case of Natural Disasters
4.3 Restraints
4.3.1. High Initial Investment Associated with the Precast Structure
4.4 Opportunities
4.4.1. Ongoing Construction and Pipeline Projects for The Residential as Well as Commercial Infrastructure
4.5 Challenges
4.5.1 Difficulty in Transporting the Pre-Stressed Structure
4.5.2 Issues Regarding the Assembling or Modifying the Precast Structures
5 INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
5.1 Introduction
5.1.1. Power of Buyers
5.1.2. Power of Suppliers
5.1.3. Intensity of Competition
5.1.4. Challenges of Substitutes
5.1.5. Challenges of New Entrants
5.2 Macro-Economic Indicators
6 PRECAST CONCRETE MARKET BY STRUCTURE, Market Size in USD Million (2017—2024)
6.1 Introduction
6.2 Parking Lots
6.3 Foundations
6.4 Bridges
6.5 Walls
6.6 Culverts
6.7 Staircase
6.8 Floors and Paving Slabs
6.9 Others
7 PRECAST CONCRETE MARKET BY END USE, Market Size in USD Million (2017—2024)
7.1 Introduction
7.2 Residential Buildings
7.3 Commercial Buildings
7.4 Institutional Buildings
7.5 Public Infrastructure
7.6 Industrial Buildings
8 PRECAST CONCRETE MARKET BY REGION, Market Size in USD Million (2017—2024)
8.1 North America
8.1.1. US
8.1.2. Canada
8.1.3. Mexico
8.2 Europe
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. UK
8.2.5. Spain
8.2.6. The Netherlands
8.2.7. Rest of Europe
8.3 Asia-Pacific
8.3.1. China
8.3.2. Japan
8.3.3. India
8.3.4. South Korea
8.3.5. Taiwan
8.3.6. Rest of Asia-Pacific
8.4 Middle East & Africa
8.4.1. Saudi Arabia
8.4.2. UAE
8.4.3. Rest of Middle East & Africa
8.5 South America
8.5.1. Brazil
8.5.2. Argentina
8.5.3. Rest of South America
9 COMPETITIVE LANDSCAPE
9.1 Introduction
9.2 Market Ranking/Share Analysis of Key Companies
9.3 Company Benchmarking
10 COMPANY PROFILES
10.1 LafargeHolcim Ltd
10.1.1 Company Overview
10.1.2 Financial Overview
10.1.3 Products/Solutions/Services Offered
10.1.4 Key Developments
10.1.5 SWOT Analysis
10.2 Elematic Ltd.
10.3 CEMEX S.A.B. de C.V.
10.4 Larsen & Toubro Limited
10.5 Tindall Corporation
10.6 Taisei Corporation
10.7 Balfour Beatty plc
10.8 Laing O’Rourke
10.9 Skanska AB
10.10 CRH plc
10.11 Other Key Companies
11 APPENDIX
11.1 Key Industry Expert Insights
11.2 Primary Discussion Guide
11.3 Customization Options
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain