The South America precast concrete market is expected to grow from US$ 3,694.53 million in 2022 to US$ 5,132.04 million by 2028. It is estimated to grow at a CAGR of 5.6% from 2022 to 2028.
Rise in Renovation and Remodeling Activities Across the Region is fueling the growth in South America Precast Concrete Market
Renovation involves reconstructing infrastructural facilities with modern and advanced construction materials with an aim to promote the structural properties of the building along with improving its life span and contributing to minimal environmental impact. Renovation and remodeling activities help to align infrastructural facilities which are compatible to present and future needs. With the rapid urbanization and industrialization, the demand for better residential and commercial facilities have risen. Further, government organizations in emerging markets are aggressively investing and concentrating on building commercial and industrial infrastructures by introducing numerous initiatives and assigning projects, thereby accelerating the precast concrete business growth. Growing renovation and development activities, driven by increasingly growing investments in the modernization of existing infrastructure, will further complement the precast concrete industry. Furthermore, rising remodeling and construction operations in non-residential spaces would also drive the demand for precast concrete during the forecast period. In addition, hotel and resort renovations are also on the rise. Further, the growing investments in the industrial construction by industry players are also expected to drive precast concrete adoption and generate business opportunities. The rising renovation and remodeling activities integrated with government support are further fueling the growth of South America precast concrete market .South America Precast Concrete Market Overview
South America includes countries such as Brazil, Argentina, and the Rest of South America. South America is another region contributing to the growth of precast concrete. With the urbanization of the population in South America, the precast concrete market has been estimated to be increasing over the forecast period. South America are among the fast-developing precast concrete market globally but is less mature and slow compared to other regions. Brazil and Argentina are driving the growth of the market in the region. The precast concrete market in South America is primarily driven by the high use of this process by the end-use industries. Precast concrete has extensive use in the building and construction industry. The precast concrete industry in Brazil is currently flourishing. The local sector uses this opportunity to get to know foreign suppliers and inform themselves about the newest trends and developments. Precast concrete offers various advantages, including reducing construction time, high-quality control, cost efficiency, and environmental protection. Besides, the use of precast concrete for constructing buildings, bridges, and stadiums has raised work-zone safety, which is the other factor anticipated to drive the growth of South America precast concrete market during the forecast period.South America Precast Concrete Market Segmentation
The South America precast concrete market is segmented into structure system, end use, and country.- Based on structure system, the South America 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 South America precast concrete market is segmented into residential, commercial, and others. The commercial segment registered the largest market share in 2022.
- Based on country, the South America precast concrete market is segmented into Brazil, Argentina, and the Rest of South America. Brazil 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. SAM Precast Concrete Market Landscape
4.1 Market Overview
4.2 SAM PEST Analysis
4.3 Expert Opinion
5. SAM 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 - SAM Market Analysis
6.1 SAM Precast Concrete Market -Volume and Forecast to 2028 (Million Cubic Meters)
6.2 SAM Precast Concrete Market -Revenue and Forecast to 2028 (US$ Million)
7. SAM Precast Concrete Market Analysis - By Structure System
7.1 Overview
7.2 SAM 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: SAM 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: SAM 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: SAM Precast Concrete Market - Revenue and Forecast to 2028 (US$ Million)
7.6 Façade System
7.6.1 Overview
7.6.2 Façade System: SAM Precast Concrete Market - Revenue and Forecast to 2028 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others: SAM Precast Concrete Market - Revenue and Forecast to 2028 (US$ Million)
8. SAM Precast Concrete Market Analysis - By End Use
8.1 Overview
8.2 SAM Precast Concrete Market, By End Use (2021 and 2028)
8.3 Residential
8.3.1 Overview
8.3.2 Residential: SAM Precast Concrete Market - Volume and Forecast to 2028 (Million Cubic Meters)
8.3.3 Residential: SAM Precast Concrete Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Commercial
8.4.1 Overview
8.4.2 Commercial: SAM Precast Concrete Market - Volume and Forecast to 2028 (Million Cubic Meters)
8.4.3 Commercial: SAM Precast Concrete Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: SAM Precast Concrete Market - Volume and Forecast to 2028 (Million Cubic Meters)
8.5.3 Others: SAM Precast Concrete Market - Revenue and Forecast to 2028 (US$ Million)
9. SAM Precast Concrete Market- Country Analysis
9.1 Overview
9.1.1 SAM: Precast Concrete Market, by Key Country
9.1.1.1 Brazil: Precast Concrete Market - Volume and Forecast to 2028 (Million Cubic Meters)
9.1.1.2 Brazil: Precast Concrete Market -Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Brazil: Precast Concrete Market, by Structure System
9.1.1.3 Argentina: Precast Concrete Market - Volume and Forecast to 2028 (Million Cubic Meters)
9.1.1.4 Argentina: Precast Concrete Market -Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 Argentina: Precast Concrete Market, by Structure System
9.1.1.5 Rest of SAM: Precast Concrete Market - Volume and Forecast to 2028 (Million Cubic Meters)
9.1.1.6 Rest of SAM: Precast Concrete Market -Revenue and Forecast to 2028 (US$ Million)
9.1.1.6.1 Rest of SAM: 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. SAM Precast Concrete Market -Volume and Forecast to 2028 (Million Cubic Meters)
Table 2. SAM Precast Concrete Market -Revenue and Forecast to 2028 (US$ Million)
Table 3. Brazil Precast Concrete Market, by Structure System - Revenue and Forecast to 2028 (USD million)
Table 4. Brazil Precast Concrete Market, by End Use - Volume and Forecast to 2028 (Million Cubic Meters)
Table 5. Brazil Precast Concrete Market, by End Use - Revenue and Forecast to 2028 (USD million)
Table 6. Argentina Precast Concrete Market, by Structure System - Revenue and Forecast to 2028 (USD million)
Table 7. Argentina Precast Concrete Market, by End Use - Volume and Forecast to 2028 (Million Cubic Meters)
Table 8. Argentina Precast Concrete Market, by End Use - Revenue and Forecast to 2028 (USD million)
Table 9. Rest of SAM Precast Concrete Market, by Structure System - Revenue and Forecast to 2028 (USD million)
Table 10. Rest of SAM Precast Concrete Market, by End Use - Volume and Forecast to 2028 (Million Cubic Meters)
Table 11. Rest of SAM Precast Concrete Market, by End Use - Revenue and Forecast to 2028 (USD million)
Table 12. Glossary of Terms, Precast Concrete MarketFigure 1. SAM Precast Concrete Market Segmentation
Figure 2. SAM Precast Concrete Market Segmentation - By Country
Figure 3. SAM Precast Concrete Market Overview
Figure 4. SAM Precast Concrete Market, by Structure System
Figure 5. SAM Precast Concrete Market, By Country
Figure 6. SAM PEST Analysis
Figure 7. Expert Opinion
Figure 8. SAM Precast Concrete Market Impact Analysis of Driver and Restraints
Figure 9. SAM Precast Concrete Market - Volume and Forecast to 2028 (Million Cubic Meters)
Figure 10. SAM Precast Concrete Market - Revenue and Forecast to 2028 (US$ Million)
Figure 11. SAM Precast Concrete Market Revenue Share, By Structure System (2021 and 2028)
Figure 12. Beam and Column System: SAM Precast Concrete Market - Revenue and Forecast To 2028 (US$ Million)
Figure 13. Floor and Roof System: SAM Precast Concrete Market - Revenue and Forecast To 2028 (US$ Million)
Figure 14. Bearing Wall System: SAM Precast Concrete Market - Revenue and Forecast To 2028 (US$ Million)
Figure 15. Façade System: SAM Precast Concrete Market - Revenue and Forecast To 2028 (US$ Million)
Figure 16. Others: SAM Precast Concrete Market - Revenue and Forecast To 2028 (US$ Million)
Figure 17. SAM Precast Concrete Market Revenue Share, By End Use (2021 and 2028)
Figure 18. Residential: SAM Precast Concrete Market - Volume and Forecast To 2028 (Million Cubic Meters)
Figure 19. Residential: SAM Precast Concrete Market - Revenue and Forecast To 2028 (US$ Million)
Figure 20. Commercial: SAM Precast Concrete Market - Volume and Forecast To 2028 (Million Cubic Meters)
Figure 21. Commercial: SAM Precast Concrete Market - Revenue and Forecast To 2028 (US$ Million)
Figure 22. Others: SAM Precast Concrete Market - Volume and Forecast To 2028 (Million Cubic Meters)
Figure 23. Others: SAM Precast Concrete Market - Revenue and Forecast To 2028 (US$ Million)
Figure 24. SAM: Precast Concrete Market, by Key Country - Revenue (2021) (US$ Million)
Figure 25. SAM: Precast Concrete Market Revenue Share, by Key Country (2021 and 2028)
Figure 26. Brazil: Precast Concrete Market - Volume and Forecast to 2028 (Million Cubic Meters)
Figure 27. Brazil: Precast Concrete Market -Revenue and Forecast to 2028 (US$ Million)
Figure 28. Argentina: Precast Concrete Market - Volume and Forecast to 2028 (Million Cubic Meters)
Figure 29. Argentina: Precast Concrete Market -Revenue and Forecast to 2028 (US$ Million)
Figure 30. Rest of SAM: Precast Concrete Market - Volume and Forecast to 2028 (Million Cubic Meters)
Figure 31. Rest of SAM: 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 | 99 |
| Published | January 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 3694.53 Million |
| Forecasted Market Value ( USD | $ 5132.04 Million |
| Compound Annual Growth Rate | 5.6% |
