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Precast Construction Market to Surpass US$ 170 Bn by 2026. Global precast construction market was valued at around US$ 111 Bn in 2017. It is anticipated to expand at a CAGR of approximately 5.1% during the forecast period
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Precast ConstructionGlobal Industry Analysis, Size, Share, Growth, Trends and Forecast, 2026 Mar 2019 Rise in Investments in the Construction Industry Drive the Precast Construction Market ©2019 Transparency Market Research, All Rights Reserved
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Research Insights Precast concrete is primarily used in the construction of buildings with repetitive designs and elements, such as schools and apartments. Rise in investment in the building & construction industry, owing to various government-backed welfare housing schemes has boosted demand for precast construction during recent times. Key players profiled in the precast construction market include LafargeHolcim, China National Building Material Company Limited, ElematicOyj, Cemex S.A.B. de C.V., CRH plc. Larsen & Toubro Limited. In terms of revenue, Asia Pacific leads the precast construction market, owing to a rise in investment in the building & construction industry, which can be attributed to a rise in industrialization and urbanization in emerging economies in countries such as China, India, and Japan. View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved
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