Precast Concrete Market Research and Forecast Report 2023-2028

1. Global Precast Concrete Market Research and Forecast Report 2023-2028 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved

2. Report DescriptionAbout IMARC Group The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

3. Report Description and Highlights Report Description Global Precast Concrete Market Research Report: The latest report by IMARC, titled “Precast Concrete Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” finds that the global precast concrete market size reached US$ 122.0 Billion in 2022. Precast concrete is a form of concrete prepared, cast, and cured off-site using a reusable mold, typically in a controlled factory environment. The casted concrete is then transported to the construction site for installation to form a complete structure. It is widely used to construct structural components, such as wall panels, tunnels, floors, beams, columns, pipes, girders, and staircases. Compared to the traditional in-situ concrete, it is more economical, saves construction time, and offers enhanced durability and higher dimensional accuracy. It also provides the advantage of planning future construction projects as the elements can be rearranged easily. As a result, precast concrete finds extensive applications across the construction industry for building large-scale commercial and affordable residential projects with identical structures. Request market/requestsample Free Sample Report: https://www.imarcgroup.com/precast-concrete-

4. Report Description and Highlights Report Description Global Precast Concrete Market Trends: The rising residential and commercial construction activities due to the expanding global population, rapid urbanization, and elevating income levels represents the primary factor driving the market growth. Additionally, with the growing environmental concerns, there has been a widespread adoption of precast concrete to construct buildings, bridges, stadiums, tunnels and flyovers as it can be recycled and reused easily, thereby minimizing the impact of raw materials on the environment. In line with this, extensive investments in infrastructure development projects have augmented the product demand. Furthermore, governments of various countries are taking favorable initiatives to promote the adoption of precast concrete as it significantly reduces the overall project timeline and generates substantial cost savings in raw material and labor. Along with this, the introduction of several government-sponsored public housing programs on account of the surging need for affordable housing units has accelerated the adoption of precast concrete. Besides this, the shifting inclination toward modern construction techniques for enhanced performance has propelled market growth. Other factors, including the expanding building and construction sector, advancements in precast technology, and increasing spending on renovating old structures, are also creating a positive market outlook. Looking forward, IMARC Group expects the market value to reach US$ 166.3 Billion by 2028, growing at a CAGR of 5.2% during 2023-2028. Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).

5. Report Description and Highlights Report Description Market Summary: Type Insights: • Floors and Roofs • Columns and Beams • Stairs and Landing • Walls Product Insights: • Structural Building Components • Architectural Building Components • Transportation Products • Water and Waste Handling Products • Others End Use Insights: • Residential • Non-Residential

6. Report Description and Highlights Report Description Regional Insights: • North America • United States • Canada • Asia-Pacific • China • Japan • India • South Korea • Australia • Indonesia • Others • Europe • Germany • France • United Kingdom • Italy • Spain • Russia • Others

7. Report Description and Highlights Report Description • Latin America • Brazil • Mexico • Others • Middle East and Africa

8. Report Description and Highlights Report Description Competitive Landscape with Key Players: • • • • • • • • • • • Balfour Beatty plc Boral Limited CEMEX S.A.B. de C.V. Elementbau Osthessen GmbH & Co. ELO KG Forterra Inc. Gulf Precast Concrete Co LLC Holcim Group Laing O’Rourke Olson Precast Company Spancrete Inc. (Wells Concrete) Tindall Corporation View Full Report with TOC & List of Figure: https://www.imarcgroup.com/precast-concrete-market

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11. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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