The Precast Concrete Market is expected to be around US$ 138.54 Billion by 2027 at a CAGR of 5.62% in the given forecast period.
Precast concrete is a procedure of construction, where concrete is cast in a reusable mold or extruded which is then cured in a controlled environment, transported to the construction site, and lifted into place. Precast concrete is increasingly swapping traditional methods. The main reason for the replacement trend is that precast concrete components are time and cost effective and they deliver a high-quality finish to the overall structure. The main attraction of precast products primarily stems from their capability to substitute the standard cast in site method of construction. It also allows refining the construction program and offers the best effectiveness in cases where the necessity is for standard grids. The infrastructure segment has been the major driver for the rising product acceptance as the product has enabled the infrastructure companies to meaningfully decrease the overall project timelines and make significant savings, in terms of labour and raw material costs. Major infrastructure components, such as bridge sections, girders and pillars, are fabricated at an offsite location and transported to the project site at the time of installation.
The global Precast Concrete market is segregated on the basis of Product Outlook as Structural Building Components, Architectural Building Components, Transportation Products, Water & Waste Handling Products, and Others. Based on End-use Outlook the global Precast Concrete market is segmented in Residential, Non-residential, and Infrastructure. Based on Application the global Precast Concrete market is segmented in
Based on End-Use, the global Precast Concrete market is segmented in
The global Precast Concrete market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Precast Concrete market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Boral Ltd., Lafarge, Gulf Precast Concrete Co. LLC, Olson Precast Company, CEMEX S.A.B. de C.V., Forterra, Tindall Corporation, Spancrete, ELO Beton, Gulermak A.S., and others are among the major players in the global Precast Concrete market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Precast Concrete Market has been segmented as below:
Precast Concrete Market, By Product Outlook
Precast Concrete Market, By End-user Outlook
Precast Concrete Market, By Region
Precast Concrete Market, By Company
The report covers:
Report Scope:
The global Precast Concrete market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Precast Concrete market share. Major industry players with significant revenue share include Boral Ltd., Lafarge, Gulf Precast Concrete Co. LLC, Olson Precast Company, CEMEX S.A.B. de C.V., Forterra, Tindall Corporation, Spancrete, ELO Beton, Gulermak A.S., and others.
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Research Methodology
2.2.1. Market Research Process
2.2.2. Research Methodology
2.2.2.1. Secondary Research
2.2.2.2. Primary Research
2.2.2.3. Models for Estimation
2.3. Market Size Estimation
2.3.1. Bottom-Up Approach
2.3.2. Top-Down Approach
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Challenges
5. Precast Concrete Market, By Product Outlook
5.1. Key Points
5.2. Structural Building Components
5.3. Architectural Building Components
5.4. Transportation Products
5.5. Water & Waste Handling Products
5.6. Others
6. Precast Concrete Market, By End-use Outlook
6.1. Key Points
6.2. Residential
6.3. Non-residential
6.4. Infrastructure
7. Competitive Landscape
7.1. Introduction
7.2. Recent Developments
7.2.1. Mergers & Acquisitions
7.2.2. New Product Developments
7.2.3. Portfolio/Production Capacity Expansions
7.2.4. Joint Ventures, Collaborations, Partnerships & Agreements
7.2.5. Others
8. Company Profiles
8.1 Boral Ltd.
8.1.1 Company Overview
8.1.2 Product/Service Landscape
8.1.3 Financial Overview
8.1.4 Recent Developments
8.2 Lafarge
8.2.1 Company Overview
8.2.2 Product/Service Landscape
8.2.3 Financial Overview
8.2.4 Recent Developments
8.3 Gulf Precast Concrete Co. LLC
8.3.1 Company Overview
8.3.2 Product/Service Landscape
8.3.3 Financial Overview
8.3.4 Recent Developments
8.4 Olson Precast Company
8.4.1 Company Overview
8.4.2 Product/Service Landscape
8.4.3 Financial Overview
8.4.4 Recent Developments
8.5 CEMEX S.A.B. de C.V.
8.5.1 Company Overview
8.5.2 Product/Service Landscape
8.5.3 Financial Overview
8.5.4 Recent Developments
8.6 Forterra
8.6.1 Company Overview
8.6.2 Product/Service Landscape
8.6.3 Financial Overview
8.6.4 Recent Developments
8.7 Tindall Corporation
8.7.1 Company Overview
8.7.2 Product/Service Landscape
8.7.3 Financial Overview
8.7.4 Recent Developments
8.8 Spancrete
8.8.1 Company Overview
8.8.2 Product/Service Landscape
8.8.3 Financial Overview
8.8.4 Recent Developments
8.9 ELO Beton
8.9.1 Company Overview
8.9.2 Product/Service Landscape
8.9.3 Financial Overview
8.9.4 Recent Developments
8.10 Gulermak A.S.
8.10.1 Company Overview
8.10.2 Product/Service Landscape
8.10.3 Financial Overview
8.10.4 Recent Developments
The Precast Concrete Market has been segmented as below:
Precast Concrete Market, By Product Outlook
Precast Concrete Market, By End-user Outlook
Precast Concrete Market, By Region
Precast Concrete Market, By Company
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