The global Precast Concrete market was valued at 8555.44 Million USD in 2021 and will grow with a CAGR of 4.4% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Precast concrete is a construction product produced by casting concrete in a reusable mold or "form" which is then cured in a controlled environment, transported to the construction site and lifted into place. In contrast, standard concrete is poured into site-specific forms and cured on site.Currently, Asia Pacific is the largest consumer of precast concrete products, with China, India, Japan, Indonesia, and Australia being the major markets. The Asia Pacific precast concrete market is projected to register the highest CAGR during the forecast period. The growth of the building & construction industry and improvements in financial conditions in the region have led to the increase in demand for precast concrete elements. The growth of the precast concrete market in these countries is driven by factors such as an increase in construction activities of residential and non-residential buildings, the rise in population, and economic development of the region.

By Market Verdors:

Actividades De Construccion Y Servicios, S.A.

Bouygues Construction

Cemex

Balfour Beatty PLC

Laing O`Rourke

Larsen & Toubro Limited

Taisei Corporation

Skanska Ab

CRH PLC

Julius Berger Nigeria PLC

Red Sea Housing Services

Atco Group

Vinci

Kiewit Corporation

Oldcastle Precast

Komatsu Ltd

Modular Space Corporation

KEF Infrastructure India

Preca Solutions India

Nanaimo Precast

Coreslab Structures

Coltman Precast Concrete Ltd

Metromont Corporation

Styl-Comp Group

Smeet Precast

By Types:

Floors & roofs

Walls & barriers

Columns & beams

Utility vaults

Girders

Pipes

Paving slabs

By Applications:

Non-residential

Residential

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

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Assess the production processes, major issues, and solutions to mitigate the development risk.

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To understand the future outlook and prospects for the market.

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