Precast Concrete Market by Structure (Parking Lots, Foundations, Bridges, Walls, Culverts), By End-Use (Residential Buildings, Commercial Buildings, Institutional Buildings), By Region (Asia-Pacific, North America, Europe, Middle East & Africa, South America) – Global Forecast 2019 to 2024

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Precast Concrete Market: Summary

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.

Precast Concrete Market


Precast Concrete Market: Report Synopsis

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.

Precast Concrete Market: Report Scope

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.


Report Features


Historical/Estimated/Forecasted Market Size Years


Base Year for Market Calculation


Forecasted Period

2019-2024 (2019 estimated year, forecasted up to 2024)

Measured Units

Value (USD Million)

Segments Included

Structure, End-User

Regional Coverage

Asia-Pacific, North America, Europe, Middle East & Africa, South America

Companies Covered

  • LafargeHolcim Ltd (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Elematic Ltd.
  • CEMEX S.A.B. de C.V.
  • Larsen & Toubro Limited
  • Tindall Corporation
  • Taisei Corporation
  • Balfour Beatty plc
  • Laing O’Rourke
  • Skanska AB
  • CRH plc

Precast Concrete Market: Report Segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

Precast Concrete Market, by Structure

  • Parking Lots
  • Foundations
  • Bridges
  • Walls
  • Culverts
  • Staircase
  • Floors and Paving Slabs
  • Others


Precast Concrete Market, by End User

  • Residential Buildings
  • Commercial Buildings
  • Institutional Buildings
  • Public Infrastructure
  • Industrial Buildings


Precast Concrete Market, by Region

  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • India
    • Rest of Asia-Pacific
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Russia
    • France
    • Italy
    • UK
    • Spain
    • Rest of Europe
  • Middle East and Africa
    • UAE
    • Saudi Arabia
    • Rest of Middle East and Africa
  • South America
    • Brazil
    • Argentina
    • Rest of South America

Key Questions answered by the report

  • What are the major developments impacting the Precast Concrete Market and its growth?
  • What will be the effects of the developments in the Precast Concrete Market on the industry and on the market players in the near and far future?
  • What are the evolving types of the Precast Concrete Market?
  • What are the evolving applications of Precast Concrete Market?
  • What are the major characteristics that will affect the Precast Concrete Market growth during the study period?
  • Who are the key players operating in the Precast Concrete Market?
  • How are the major players leveraging in the existing market conditions?

Report Audience

  • Precast Concrete Market Providers
  • Precast Concrete Market Solution and Services Suppliers, Distributors, and Dealers
  • End-Users of Varied Segments of Precast Concrete Market
  • Government Bodies and Intellectual Institutions
  • Associations and Industrial Organizations
  • Research & Consulting Service Providers
  • Research & Development Organizations
  • Investment Banks & Private Equity Firms



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


2.1       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



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


5.1       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


9.1       Introduction

9.2       Market Ranking/Share Analysis of Key Companies

9.3       Company Benchmarking


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


11.1     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




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Research Design

Forencis Research follows robust and deep dive research methodologies to deliver accurate – current, estimated and forecasted market data. Our extensive primary and secondary research help in deriving reliable qualitative and quantitative data to provide verified market insights. Our research team tracks historic trends, existing and recent market dynamics, growth prospects, competitor landscape, and the entire value chain dynamics to attain reliable industry facts to reach accurate market estimates. Primary research is conducted through thorough interviews and detailed surveys with the Key Industry Experts and related participants across the value chain. Secondary research entails acquiring data through paid and reliable databases such as annual reports, SEC filings, research publications, association publications, investor presentations, white papers and other sources. All the above-obtained information is further processed and collated with our existing database prior to its presentation in our publications.

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Key Questions Answered by the Report

  • Major factors impacting the market and its growth
  • Evolving Types of the various products in the Market
  • Evolving Application of the various products in the Market
  • Growing countries in the Global Market
  • Effects of the developments in the market on the industry and on the market players
  • Key market developments undertaken by the leading players

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