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: 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.
Historical/Estimated/Forecasted Market Size Years
Base Year for Market Calculation
2019-2024 (2019 estimated year, forecasted up to 2024)
Value (USD Million)
Asia-Pacific, North America, Europe, Middle East & Africa, South America
- 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
- Floors and Paving Slabs
Precast Concrete Market, by End User
- Residential Buildings
- Commercial Buildings
- Institutional Buildings
- Public Infrastructure
- Industrial Buildings
Precast Concrete Market, by Region
- South Korea
- Rest of Asia-Pacific
- North America
- Rest of Europe
- Middle East and Africa
- Saudi Arabia
- Rest of Middle East and Africa
- South America
- 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?
- 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
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE PRECAST CONCRETE MARKET STUDY
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.4 Regional Coverage
1.5 Research Timeline
2 RESEARCH DESIGN & SCOPE
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
4.2.1. 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
4.3.1. High Initial Investment Associated with the Precast Structure
4.4.1. Ongoing Construction and Pipeline Projects for The Residential as Well as Commercial Infrastructure
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
5.1.1. 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)
6.2 Parking Lots
6.8 Floors and Paving Slabs
7 PRECAST CONCRETE MARKET BY END USE, Market Size in USD Million (2017—2024)
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
8.2.6. The Netherlands
8.2.7. Rest of Europe
8.3.4. South Korea
8.3.6. Rest of Asia-Pacific
8.4 Middle East & Africa
8.4.1. Saudi Arabia
8.4.3. Rest of Middle East & Africa
8.5 South America
8.5.3. Rest of South America
9 COMPETITIVE LANDSCAPE
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
11.1 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
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY