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precast concrete Industry
The Exactitude Consultancy has updated its global market reports with latest data for 2024 and projections up to 2030
Rising demand for precast concrete driven by its cost-effectiveness, durability, and rapid construction capabilities across various sectors” - Exactitude Consultancy
LUTON, BEDFORDSHIRE, UNITED KINGDOM, April 25, 2024 /EINPresswire / -- The global Precast Concrete Market will witness a CAGR of 5.3% for the forecast period of 2024-2030. It is expected to reach above USD 207.40 Billion by 2030 from USD 130.30 Billion in 2023.
The latest study released on the Global Precast Concrete Market evaluates market size, trend, and forecast to 2030. The Precast Concrete market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors. The report is assembled to comprise qualitative and quantitative elements of Precast Concrete industry including market share that admires each country concerned in the competitive marketplace. Report also conducted a PESTEL analysis in the industry to study key influencers and barriers to entry.
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Key Players in This Report Include:
Cemex S.A.B de C.V., LafargeHolcim Ltd, Skanska AB, CRH PLC, Balfour Beatty PLC, Laing O'Rourke, Oldcastle Infrastructure Inc., Atco Concrete Products N.V., Forterra, Tindall Corporation, ELO Beton, Boral Limited, Gulf Precast Concrete Co. LLC
Industry News
In July 2021 – Forterra Inc., acquired the business of Barbour Concrete Company & Barbour Building Systems, a manufacturer of precast concrete products used in drainage, stormwater, utility, and other infrastructure applications. The acquisition has helped the company to expand its product portfolio.
In April 2020 – Tindall Corporation, announced plans to expand operations in Spartanburg County, South Carolina, U.S. The expansion will require an investment of around US$ 27.9 million. The new facility will increase production capacity and expand product offerings.
The report endeavours to offer a 360-degree analysis of the global Precast Concrete Market on the back of an insightful study of the prevailing demand and supply trends, important fiscal statistics of major players sustaining in the market, and the influence of latest economic advancements on the market. Developments in each geographical region is charted using authentic historical data with a view to help gauge the future trajectory of the market across the globe. SWOT analysis is conducted to identify the strengths, weaknesses, opportunities, and threats that these companies forecast to witness during the forecast period.
The Global Precast Concrete Market segments and Market Data Break Down are illuminated below:
Precast Concrete Market by Structure System Component, 2020-2029, (USD Million)
Beam & Column System
Bearing Wall System
Façade System
Floor & Roof System
Precast Concrete Market by Deployment Element, 2020-2029, (USD Million), Columns & Beams
Floors & Roofs
Walls & Barriers
Girders
Pipes
Paving Slabs
Utility Vaults
Others (Include Staircases, Lintels, Manholes, Door & Window Components, And Water & Sewer System Products)
Precast Concrete Market by Construction Type, 2020-2029, (USD Million)
Elemental Construction
Permanent Modular Buildings
Relocatable Buildings
Precast Concrete Market by End-Use Industry, 2020-2029, (USD Million)
Residential
Non- Residential
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
– Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
– North America (United States, Mexico & Canada)
– South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
– Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
– Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
In 2023, Asia Pacific dominated the market with the revenue share of over 35.0% and is anticipated to register the fastest CAGR of 6.8% from 2024 to 2030. Rapid economic performance of developing countries including India, Indonesia, and Malaysia is expected to propel growth further. Stringent regulations that limit the emission of CO2 gas are likely to drive product demand, which causes less pollution. Moreover, an increased growth rate of the industrial sector is likely to augment precast market size in India.
Objectives of the Report:
-To carefully analyze and forecast the size of the Precast Concrete market by value and volume.
-To estimate the market shares of major segments of the Precast Concrete.
-To showcase the development of the Precast Concrete market in different parts of the world.
-To analyze and study micro-markets in terms of their contributions to the Precast Concrete market, their prospects, and individual growth trends.
-To offer precise and useful details about factors affecting the growth of the Precast Concrete.
-To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Precast Concrete market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
Browse Complete Summary and Table of Content@
Having our reviews and subscribing to our report will help you solve the subsequent issues:
– Uncertainty about the market future: Our research and insights help our customers predict the upcoming revenue pockets and growth areas.
– Understanding market sentiments: It is very important to have a fair understanding of market sentiment for your strategy. Our insights will help you see every single eye on Precast Concrete market sentiment. We maintain this analysis by working with key opinion leaders on the value chain of each industry we track.
– Understanding the most reliable investment center: Our research evaluates investment centers in the market, taking into account future demand, profits, and returns. Clients can focus on the most prestigious investment centers through Precast Concrete market research.
– Evaluating potential business partners: Our research and insights help our clients in identifying compatible business partners.
Table of content:
Chapter 1: Precast Concrete Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Global Market Competition by key players
Chapter 4: Global Production, Revenue (Value) by region
Chapter 5: Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Global Production, Revenue (Value), Price Trend by Type
Chapter 7: Global Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Effect Factors Analysis
Chapter 12: Global Precast Concrete Market Forecast
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Can I modify the scope of the report and customize it to suit my requirements?
Yes. Customized requirements of multi-dimensional, deep-level and high-quality can help our customers precisely grasp market opportunities, effortlessly confront market challenges, properly formulate market strategies and act promptly, thus to win them sufficient time and space for market competition.
Free country-level analysis for the 5 countries of your choice.
Free competitive analysis of 5 key market players.
40 free analyst hours to cover any other data point.
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