The global market for Precast Concrete is estimated at US$117.0 Billion in 2023 and is projected to reach US$192.4 Billion by 2030, growing at a CAGR of 7.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the precast concrete market is driven by several factors. Firstly, the increasing demand for efficient and cost-effective construction methods to meet the growing urbanization and infrastructure development is a major driver. Secondly, advancements in precast concrete technologies, such as high-performance concrete and integrated sensors, are enhancing the durability and performance of precast components.
Thirdly, the rising emphasis on sustainability and green building practices is encouraging the use of precast concrete due to its reduced waste generation and ability to incorporate recycled materials. Additionally, the need for faster construction times and reduced labor costs is propelling the adoption of precast concrete. Lastly, the expansion of infrastructure projects, including transportation, utilities, and commercial buildings, is further driving the demand for precast concrete components.
The growth in the precast concrete market is driven by several factors. Firstly, the increasing demand for efficient and cost-effective construction methods to meet the growing urbanization and infrastructure development is a major driver. Secondly, advancements in precast concrete technologies, such as high-performance concrete and integrated sensors, are enhancing the durability and performance of precast components.
Thirdly, the rising emphasis on sustainability and green building practices is encouraging the use of precast concrete due to its reduced waste generation and ability to incorporate recycled materials. Additionally, the need for faster construction times and reduced labor costs is propelling the adoption of precast concrete. Lastly, the expansion of infrastructure projects, including transportation, utilities, and commercial buildings, is further driving the demand for precast concrete components.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Precast Columns & Beams segment, which is expected to reach US$62.9 Billion by 2030 with a CAGR of a 7.8%. The Precast Floors & Roofs segment is also set to grow at 6.6% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $21.1 Billion in 2023, and China, forecasted to grow at an impressive 9.4% CAGR to reach $58.7 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Precast Concrete Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Precast Concrete Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Precast Concrete Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Boral Ltd., CRH PLC, Cemex S.A.B. de C.V., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 91 Featured):
- Boral Ltd.
- CRH PLC
- Cemex S.A.B. de C.V.
- Aggregate Industries Ltd.
- Contech Engineered Solutions LLC
- Balfour Beatty PLC
- Bouygues Construction
- Coltman Precast Concrete Limited
- Concrete Pipe and Precast LLC
- A.J. Foss, Inc.
- Bonna Sabla
- Capital Precast, Inc.
- Barro Group
- Elematic Oyj
- Balcrom Limited
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISFRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPEAUSTRALIASOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICAARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
ASIA-PACIFIC
INDIA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Boral Ltd.
- CRH PLC
- Cemex S.A.B. de C.V.
- Aggregate Industries Ltd.
- Contech Engineered Solutions LLC
- Balfour Beatty PLC
- Bouygues Construction
- Coltman Precast Concrete Limited
- Concrete Pipe and Precast LLC
- A.J. Foss, Inc.
- Bonna Sabla
- Capital Precast, Inc.
- Barro Group
- Elematic Oyj
- Balcrom Limited
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 481 |
| Published | October 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 117 Billion |
| Forecasted Market Value ( USD | $ 192.4 Billion |
| Compound Annual Growth Rate | 7.4% |
| Regions Covered | Global |
