The APAC precast concrete market is expected to grow from US$ 76,270.20 million in 2022 to US$ 1,23,589.51 million by 2028. It is estimated to grow at a CAGR of 8.4% from 2022 to 2028.
Supportive Government Initiatives is driving the growth of APAC Precast Concrete Market
Precast concrete is widely used in housing, factories, and leading national laboratories around the region to support government programs. In addition, precast construction is a cost-effective, fast, and environment-friendly building method for large housing projects that do not compromise quality. Housing crisis is one of the world's major issues today. Due to slum areas in several countries, the governments of various economies have taken certain initiatives by investing in infrastructure renewal. Several concrete additives, lifting accessories, and spare parts are not manufactured in India. If all of these products are produced in India, the investment cost will be significantly reduced, which will further propel the demand for precast concrete in the APAC precast concrete market . The supporting government initiatives will provide ample opportunities for the market players operating in the APAC precast concrete market.APAC Precast Concrete Market Overview
The APAC comprises several developing and developed economies such as China, India, Japan, South Korea, Australia, among others. Countries like Australia, Japan, India, China, South Korea, Singapore, Taiwan, and Indonesia have large industries in a diverse sector such as construction, automotive, railways, and other industries. The manufacturing sector in these countries has experienced a huge shift over the years. The Asia Pacific manufacturing sector is highly adopting innovation accelerators which include advanced technologies & processes. Over the past decades, the manufacturing companies are spending of the region has grown significantly and is further anticipated to grow at the highest estimated growth rate.APAC Precast Concrete Market Segmentation
The APAC precast concrete market is segmented into structure system, end use, and country.- Based on structure system, the APAC precast concrete market is segmented into beam and column system, floor and roof system, bearing wall system, façade system, and others segment. The beam and column system segment registered the largest market share in 2022.
- Based on end use, the APAC precast concrete market is segmented into residential, commercial, and others. The commercial segment registered the largest market share in 2022.
- Based on country, the APAC precast concrete market is segmented into Australia, Japan, South Korea, Indonesia, Taiwan, Thailand, Malaysia, Vietnam, Bangladesh, and the Rest of APAC. The Rest of APAC dominated the market share in 2022.
Table of Contents
1. Introduction1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
4. APAC Precast Concrete Market Landscape
4.1 Market Overview
4.2 APAC PEST Analysis
4.3 Expert Opinion
5. APAC Precast Concrete Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Need for Cost-Effective, Safe, and Eco-Friendly Products
5.1.2 Rise in Renovation and Remodeling Activities Across the Region
5.2 Market Restraints
5.2.1 Volatility in Raw Material Prices
5.3 Market Opportunities
5.3.1 Supportive Government Initiatives
5.4 Future Trends
5.4.1 Significant Investment in Innovation and Product Development
5.5 Impact Analysis of Drivers and Restraints
6. Precast Concrete - APAC Market Analysis
6.1 APAC Precast Concrete Market -Volume and Forecast to 2028 (Million Cubic Meters)
6.2 APAC Precast Concrete Market -Revenue and Forecast to 2028 (US$ Million)
7. APAC Precast Concrete Market Analysis - By Structure System
7.1 Overview
7.2 APAC Precast Concrete Market, By Structure System (2021 and 2028)
7.3 Beam and Column System
7.3.1 Overview
7.3.2 Beam and Column System: APAC Precast Concrete Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Floor and Roof System
7.4.1 Overview
7.4.2 Floor and Roof System: APAC Precast Concrete Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Bearing Wall System
7.5.1 Overview
7.5.2 Bearing Wall System: APAC Precast Concrete Market - Revenue and Forecast to 2028 (US$ Million)
7.6 Façade System
7.6.1 Overview
7.6.2 Façade System: APAC Precast Concrete Market - Revenue and Forecast to 2028 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others: APAC Precast Concrete Market - Revenue and Forecast to 2028 (US$ Million)
8. APAC Precast Concrete Market Analysis - By End Use
8.1 Overview
8.2 APAC Precast Concrete Market, By End Use (2021 and 2028)
8.3 Residential
8.3.1 Overview
8.3.2 Residential: APAC Precast Concrete Market - Volume and Forecast to 2028 (Million Cubic Meters)
8.3.3 Residential: APAC Precast Concrete Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Commercial
8.4.1 Overview
8.4.2 Commercial: APAC Precast Concrete Market - Volume and Forecast to 2028 (Million Cubic Meters)
8.4.3 Commercial: APAC Precast Concrete Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: APAC Precast Concrete Market - Volume and Forecast to 2028 (Million Cubic Meters)
8.5.3 Others: APAC Precast Concrete Market - Revenue and Forecast to 2028 (US$ Million)
9. APAC Precast Concrete Market- Country Analysis
9.1 Overview
9.1.1 Asia Pacific: Precast Concrete Market, by Key Country
9.1.1.1 Australia: Precast Concrete Market - Volume and Forecast to 2028 (Million Cubic Meters)
9.1.1.2 Australia: Precast Concrete Market -Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Australia: Precast Concrete Market, by Structure System
9.1.1.3 Japan: Precast Concrete Market - Volume and Forecast to 2028 (Million Cubic Meters)
9.1.1.4 Japan: Precast Concrete Market -Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 Japan: Precast Concrete Market, by Structure System
9.1.1.5 South Korea: Precast Concrete Market - Volume and Forecast to 2028 (Million Cubic Meters)
9.1.1.6 South Korea: Precast Concrete Market -Revenue and Forecast to 2028 (US$ Million)
9.1.1.6.1 South Korea: Precast Concrete Market, by Structure System
9.1.1.7 Indonesia: Precast Concrete Market - Volume and Forecast to 2028 (Million Cubic Meters)
9.1.1.8 Indonesia: Precast Concrete Market -Revenue and Forecast to 2028 (US$ Million)
9.1.1.8.1 Indonesia: Precast Concrete Market, by Structure System
9.1.1.9 Taiwan: Precast Concrete Market - Volume and Forecast to 2028 (Million Cubic Meters)
9.1.1.10 Taiwan: Precast Concrete Market -Revenue and Forecast to 2028 (US$ Million)
9.1.1.10.1 Taiwan: Precast Concrete Market, by Structure System
9.1.1.11 Thailand: Precast Concrete Market - Volume and Forecast to 2028 (Million Cubic Meters)
9.1.1.12 Thailand: Precast Concrete Market -Revenue and Forecast to 2028 (US$ Million)
9.1.1.12.1 Thailand: Precast Concrete Market, by Structure System
9.1.1.13 Malaysia: Precast Concrete Market - Volume and Forecast to 2028 (Million Cubic Meters)
9.1.1.14 Malaysia: Precast Concrete Market -Revenue and Forecast to 2028 (US$ Million)
9.1.1.14.1 Malaysia: Precast Concrete Market, by Structure System
9.1.1.15 Vietnam: Precast Concrete Market - Volume and Forecast to 2028 (Million Cubic Meters)
9.1.1.16 Vietnam: Precast Concrete Market -Revenue and Forecast to 2028 (US$ Million)
9.1.1.16.1 Vietnam: Precast Concrete Market, by Structure System
9.1.1.17 Bangladesh: Precast Concrete Market - Volume and Forecast to 2028 (Million Cubic Meters)
9.1.1.18 Bangladesh: Precast Concrete Market -Revenue and Forecast to 2028 (US$ Million)
9.1.1.18.1 Bangladesh: Precast Concrete Market, by Structure System
9.1.1.19 Rest of Asia-Pacific: Precast Concrete Market - Volume and Forecast to 2028 (Million Cubic Meters)
9.1.1.20 Rest of Asia-Pacific: Precast Concrete Market -Revenue and Forecast to 2028 (US$ Million)
9.1.1.20.1 Rest of Asia-Pacific: Precast Concrete Market, by Structure System
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 Merger and Acquisition
11. Company Profiles
11.1 Boral
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 CEMEX SAB de CV.
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Consolis Group SAS
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Forterra
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 LafargeHolcim
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Centrum Pile Ltd.
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Betongindustri AB
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
12. Appendix
12.1 About the Publisher
12.2 Glossary
Table 1. APAC Precast Concrete Market -Volume and Forecast to 2028 (Million Cubic Meters)
Table 2. APAC Precast Concrete Market -Revenue and Forecast to 2028 (US$ Million)
Table 3. Australia Precast Concrete Market, by Structure System - Revenue and Forecast to 2028 (USD million)
Table 4. Australia Precast Concrete Market, by End Use -Volume and Forecast to 2028 (Million Cubic Meters)
Table 5. Australia Precast Concrete Market, by End Use - Revenue and Forecast to 2028 (USD million)
Table 6. Japan Precast Concrete Market, by Structure System - Revenue and Forecast to 2028 (USD million)
Table 7. Japan Precast Concrete Market, by End Use -Volume and Forecast to 2028 (Million Cubic Meters)
Table 8. Japan Precast Concrete Market, by End Use - Revenue and Forecast to 2028 (USD million)
Table 9. South Korea Precast Concrete Market, by Structure System - Revenue and Forecast to 2028 (USD million)
Table 10. South Korea Precast Concrete Market, by End Use -Volume and Forecast to 2028 (Million Cubic Meters)
Table 11. South Korea Precast Concrete Market, by End Use - Revenue and Forecast to 2028 (USD million)
Table 12. Indonesia Precast Concrete Market, by Structure System - Revenue and Forecast to 2028 (USD million)
Table 13. Indonesia Precast Concrete Market, by End Use -Volume and Forecast to 2028 (Million Cubic Meters)
Table 14. Indonesia Precast Concrete Market, by End Use - Revenue and Forecast to 2028 (USD million)
Table 15. Taiwan Precast Concrete Market, by Structure System - Revenue and Forecast to 2028 (USD million)
Table 16. Taiwan Precast Concrete Market, by End Use -Volume and Forecast to 2028 (Million Cubic Meters)
Table 17. Taiwan Precast Concrete Market, by End Use - Revenue and Forecast to 2028 (USD million)
Table 18. Thailand Precast Concrete Market, by Structure System - Revenue and Forecast to 2028 (USD million)
Table 19. Thailand Precast Concrete Market, by End Use Volume and Forecast to 2028 (Million Cubic Meters)
Table 20. Thailand Precast Concrete Market, by End Use - Revenue and Forecast to 2028 (USD million)
Table 21. Malaysia Precast Concrete Market, by Structure System - Revenue and Forecast to 2028 (USD million)
Table 22. Malaysia Precast Concrete Market, by End Use Volume and Forecast to 2028 (Million Cubic Meters)
Table 23. Malaysia Precast Concrete Market, by End Use - Revenue and Forecast to 2028 (USD million)
Table 24. Vietnam Precast Concrete Market, by Structure System - Revenue and Forecast to 2028 (USD million)
Table 25. Vietnam Precast Concrete Market, by End Use Volume and Forecast to 2028 (Million Cubic Meters)
Table 26. Vietnam Precast Concrete Market, by End Use - Revenue and Forecast to 2028 (USD million)
Table 27. Bangladesh Precast Concrete Market, by Structure System - Revenue and Forecast to 2028 (USD million)
Table 28. Bangladesh Precast Concrete Market, by End Use -Volume and Forecast to 2028 (Million Cubic Meters)
Table 29. Bangladesh Precast Concrete Market, by End Use - Revenue and Forecast to 2028 (USD million)
Table 30. Rest of Asia-Pacific Precast Concrete Market, by Structure System - Revenue and Forecast to 2028 (USD million)
Table 31. Rest of Asia-Pacific Precast Concrete Market, by End Use -Volume and Forecast to 2028 (Million Cubic Meters)
Table 32. Rest of Asia-Pacific Precast Concrete Market, by End Use - Revenue and Forecast to 2028 (USD million)
Table 33. Glossary of Terms, Precast Concrete MarketFigure 1. APAC Precast Concrete Market Segmentation
Figure 2. APAC Precast Concrete Market Segmentation - By Country
Figure 3. APAC Precast Concrete Market Overview
Figure 4. APAC Precast Concrete Market, by Structure System
Figure 5. APAC Precast Concrete Market, By Country
Figure 6. Asia Pacific: PEST Analysis
Figure 7. Expert Opinion
Figure 8. APAC Precast Concrete Market Impact Analysis of Driver and Restraints
Figure 9. APAC Precast Concrete Market - Volume and Forecast to 2028 (Million Cubic Meters)
Figure 10. APAC Precast Concrete Market - Revenue and Forecast to 2028 (US$ Million)
Figure 11. APAC Precast Concrete Market Revenue Share, By Structure System (2021 and 2028)
Figure 12. Beam and Column System: APAC Precast Concrete Market - Revenue and Forecast To 2028 (US$ Million)
Figure 13. Floor and Roof System: APAC Precast Concrete Market - Revenue and Forecast To 2028 (US$ Million)
Figure 14. Bearing Wall System: APAC Precast Concrete Market - Revenue and Forecast To 2028 (US$ Million)
Figure 15. Façade System: APAC Precast Concrete Market - Revenue and Forecast To 2028 (US$ Million)
Figure 16. Others: APAC Precast Concrete Market - Revenue and Forecast To 2028 (US$ Million)
Figure 17. APAC Precast Concrete Market Revenue Share, By End Use (2021 and 2028)
Figure 18. Residential: APAC Precast Concrete Market - Volume and Forecast To 2028 (Million Cubic Meters)
Figure 19. Residential: APAC Precast Concrete Market - Revenue and Forecast To 2028 (US$ Million)
Figure 20. Commercial: APAC Precast Concrete Market - Volume and Forecast To 2028 (Million Cubic Meters)
Figure 21. Commercial: APAC Precast Concrete Market - Revenue and Forecast To 2028 (US$ Million)
Figure 22. Others: APAC Precast Concrete Market - Volume and Forecast To 2028 (Million Cubic Meters)
Figure 23. Others: APAC Precast Concrete Market - Revenue and Forecast To 2028 (US$ Million)
Figure 24. APAC Precast Concrete Market, by Key Country - Revenue (2021) (US$ Million)
Figure 25. Asia Pacific: Precast Concrete Market Revenue Share, by Key Country (2021 and 2028)
Figure 26. Australia: Precast Concrete Market - Volume and Forecast to 2028 (Million Cubic Meters)
Figure 27. Australia: Precast Concrete Market -Revenue and Forecast to 2028 (US$ Million)
Figure 28. Japan: Precast Concrete Market - Volume and Forecast to 2028 (Million Cubic Meters)
Figure 29. Japan: Precast Concrete Market -Revenue and Forecast to 2028 (US$ Million)
Figure 30. South Korea: Precast Concrete Market - Volume and Forecast to 2028 (Million Cubic Meters)
Figure 31. South Korea: Precast Concrete Market -Revenue and Forecast to 2028 (US$ Million)
Figure 32. Indonesia: Precast Concrete Market - Volume and Forecast to 2028 (Million Cubic Meters)
Figure 33. Indonesia: Precast Concrete Market -Revenue and Forecast to 2028 (US$ Million)
Figure 34. Taiwan: Precast Concrete Market - Volume and Forecast to 2028 (Million Cubic Meters)
Figure 35. Taiwan: Precast Concrete Market -Revenue and Forecast to 2028 (US$ Million)
Figure 36. Thailand: Precast Concrete Market - Volume and Forecast to 2028 (Million Cubic Meters)
Figure 37. Thailand: Precast Concrete Market -Revenue and Forecast to 2028 (US$ Million)
Figure 38. Malaysia: Precast Concrete Market - Volume and Forecast to 2028 (Million Cubic Meters)
Figure 39. Malaysia: Precast Concrete Market -Revenue and Forecast to 2028 (US$ Million)
Figure 40. Vietnam: Precast Concrete Market - Volume and Forecast to 2028 (Million Cubic Meters)
Figure 41. Vietnam: Precast Concrete Market -Revenue and Forecast to 2028 (US$ Million)
Figure 42. Bangladesh: Precast Concrete Market - Volume and Forecast to 2028 (Million Cubic Meters)
Figure 43. Bangladesh: Precast Concrete Market -Revenue and Forecast to 2028 (US$ Million)
Figure 44. Rest of Asia-Pacific: Precast Concrete Market - Volume and Forecast to 2028 (Million Cubic Meters)
Figure 45. Rest of Asia-Pacific: Precast Concrete Market -Revenue and Forecast to 2028 (US$ Million)
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Betongindustri AB
- Boral
- CEMEX S.A.B. de C.V.
- Centrum Pile Ltd.
- Consolis
- Forterra
- LafargeHolcim
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 128 |
| Published | January 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 76270.2 Million |
| Forecasted Market Value ( USD | $ 123589.51 Million |
| Compound Annual Growth Rate | 8.4% |
| Regions Covered | Asia Pacific |
