Precast Concrete Market Scope And Analysis

  • Report Code : TIPRE00022069
  • Category : Chemicals and Materials
  • Status : Published
  • No. of Pages : 184
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Precast Concrete Market Analysis, Trends, and Scope 2023 to 2030

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Precast Concrete Market Report Scope

Report Attribute Details
Market size in 2022 US$ 150.93 Billion
Market Size by 2030 US$ 263.71 Billion
Global CAGR (2022 - 2030) 7.2%
Historical Data 2020-2021
Forecast period 2023-2030
Segments Covered By Structure System
  • Beam and Column System
  • Floor and Roof System
  • Bearing Wall System
  • Façade System
By End Use
  • Residential
  • Commercial
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • CRH Plc
  • Heidelberg Materials AG
  • Cemex SAB de CV manufacturer
  • Holcim Ltd
  • Consolis Group SAS
  • Elementbau Osthessen GmbH Co ELO KG
  • Forterra Plc
  • Centrum Pile Ltd
  • Balfour Beatty Plc
  • IMPACT OF COVID-19 Pandemic

    Before the COVID-19 pandemic, the construction sector across the globe was expanding rapidly. The government initiated ambitious infrastructure projects, which included the construction of new cities, transportation networks, and entertainment complexes. This growth boosted the demand for precast concrete components in various construction applications.

    During the COVID-19 pandemic in 2020, the precast concrete industry was the least affected. The manufacturers and contractors adopted different manufacturing methods, such as off-site construction, which led to the continuation of precast concrete production. The off-site construction techniques enabled most precast concrete manufacturers to operate their plants with 100% production capacity, strictly adhering to the COVID-19 norms. Thus, the precast concrete market is anticipated to grow strongly from 2022 to 2030.

    COMPETITIVE LANDSCAPE AND KEY COMPANIES

    Cemex SAB de CV manufacturer; Holcim Ltd; Consolis Group SAS; Elementbau Osthessen GmbH & Co., ELO KG; Forterra; Centrum Pile Ltd.; Balfour Beatty Plc; CRH Plc; Heidelberg Materials AG; and Boral are a few key players operating in the global precast concrete market.