Market Overview:
The global precast concrete market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for precast concrete products from the construction industry, owing to their advantages over cast-in-place concrete products. Precast concrete products are manufactured under controlled conditions in a factory and then transported and assembled at the construction site, which reduces labor costs and time required for on-site casting of concrete. Additionally, precast components are often designed with specific features that cater to site constraints, which results in reduced wastage of materials during installation. These factors are driving the growth of the global precast concrete market across all regions.
Product Definition:
Precast concrete is a type of construction material that is made by casting concrete in a reusable mold or form. The form can be made of wood, plastic, metal, or fiberglass. After the concrete has set, the form can be removed and used to create another precast piece.
Floors & Roofs:
Floors & roofs are made up of materials such as asphalt, slag, rubber and wood among others. The growth factor for floors & roofs in precast concrete market is the same as that of any other component in precast concrete; it depends on the mix design and type of product used.
The major application areas for floors & roofs are commercial buildings (such as shopping malls), residential buildings (such a housing estates) and infrastructure (such as roads).
Walls & Barriers:
Walls and barriers are used in precast concrete to provide support for the cast-in rebar during the curing process. The product is made of plastic or metal sheets that are welded or clamped along the length of each side of a mold cavity. As a result, it forms an internal framework within each concrete structure that supports and protects the reinforcing steel from direct contact with curing agents as well as external forces.
Application Insights:
Non-residential applications accounted for the largest revenue share of over 80% in 2017. The segment is further subdivided into commercial, institutional and civil construction. Increasing infrastructural development activities in emerging economies including China, India and Brazil are expected to remain a key driving factor for the global precast concrete market over the forecast period.
Increasing urbanization has led to an increase in demand for non-residential buildings such as offices, showrooms and malls which have contributed significantly towards industry growth since 2014. Rapidly expanding industrial sector along with rising corporate houses coupled with government initiatives promoting foreign direct investments (FDIs) at global level are anticipated to boost product demand from 2019 to 2030 thereby contributing towards industry growth during that period.
Regional Analysis:
Asia Pacific dominated the global precast concrete market in 2016 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. These countries are witnessing strong economic growth owing to increasing industrialization and urbanization. Growing population has led to increased demand for housing which in turn will boost product demand over the next eight years.
The Asia Pacific regional market includes major countries such as Japan, Australia and South Korea that have a well-established construction industry base coupled with high consumer disposable income levels resulting in high spending on infrastructure development activities across these nations driving overall industry growth.
Growth Factors:
- Increasing demand for precast concrete in the construction industry as it is a faster and more efficient way to build compared to traditional construction methods.
- Rising demand from developing countries due to increasing infrastructure development activities.
- Growing use of precast concrete in commercial and industrial buildings due to its durability and low maintenance requirements.
- Technological advancements that have led to the development of new types of precast concrete products such as high-performance concretes and self-consolidating concretes that are finding increased acceptance in the market.
- Increasing preference for green building practices, which has led to an increase in the use of precast concrete products that are environmentally friendly
Scope Of The Report
Report Attributes
Report Details
Report Title
Precast Concrete Market Research Report
By Type
Floors & Roofs, Walls & Barriers, Columns & Beams, Utility Vaults, Girders, Pipes, Paving slabs
By Application
Non-residential, Residential
By Companies
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, Actividades De Construccion Y Servicios, S.A., 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
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
208
Number of Tables & Figures
146
Customization Available
Yes, the report can be customized as per your need.
Global Precast Concrete Market Report Segments:
The global Precast Concrete market is segmented on the basis of:
Types
Floors & Roofs, Walls & Barriers, Columns & Beams, Utility Vaults, Girders, Pipes, Paving slabs
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Non-residential, Residential
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 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
- Actividades De Construccion Y Servicios, S.A.
- 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
Highlights of The Precast Concrete Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Floors & Roofs
- Walls & Barriers
- Columns & Beams
- Utility Vaults
- Girders
- Pipes
- Paving slabs
- By Application:
- Non-residential
- Residential
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Precast Concrete Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Consumer Insights
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Precast concrete is a type of concrete that is made before it's poured. The precast pieces are then put together and cured in place. This makes for a more consistent product and reduces the need for finishing work after the concrete has been poured.
Some of the major companies in the precast concrete market are 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, Actividades De Construccion Y Servicios, S.A., 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.
The precast concrete market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Precast Concrete Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Precast Concrete Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Precast Concrete Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Precast Concrete Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Precast Concrete Market Size & Forecast, 2018-2028
4.5.1 Precast Concrete Market Size and Y-o-Y Growth
4.5.2 Precast Concrete Market Absolute $ Opportunity
Chapter 5 Global Precast Concrete Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Precast Concrete Market Size Forecast by Type
5.2.1 Floors & Roofs
5.2.2 Walls & Barriers
5.2.3 Columns & Beams
5.2.4 Utility Vaults
5.2.5 Girders
5.2.6 Pipes
5.2.7 Paving slabs
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Precast Concrete Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Precast Concrete Market Size Forecast by Applications
6.2.1 Non-residential
6.2.2 Residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Precast Concrete Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Precast Concrete Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Precast Concrete Analysis and Forecast
9.1 Introduction
9.2 North America Precast Concrete Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Precast Concrete Market Size Forecast by Type
9.6.1 Floors & Roofs
9.6.2 Walls & Barriers
9.6.3 Columns & Beams
9.6.4 Utility Vaults
9.6.5 Girders
9.6.6 Pipes
9.6.7 Paving slabs
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Precast Concrete Market Size Forecast by Applications
9.10.1 Non-residential
9.10.2 Residential
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Precast Concrete Analysis and Forecast
10.1 Introduction
10.2 Europe Precast Concrete Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Precast Concrete Market Size Forecast by Type
10.6.1 Floors & Roofs
10.6.2 Walls & Barriers
10.6.3 Columns & Beams
10.6.4 Utility Vaults
10.6.5 Girders
10.6.6 Pipes
10.6.7 Paving slabs
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Precast Concrete Market Size Forecast by Applications
10.10.1 Non-residential
10.10.2 Residential
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Precast Concrete Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Precast Concrete Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Precast Concrete Market Size Forecast by Type
11.6.1 Floors & Roofs
11.6.2 Walls & Barriers
11.6.3 Columns & Beams
11.6.4 Utility Vaults
11.6.5 Girders
11.6.6 Pipes
11.6.7 Paving slabs
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Precast Concrete Market Size Forecast by Applications
11.10.1 Non-residential
11.10.2 Residential
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Precast Concrete Analysis and Forecast
12.1 Introduction
12.2 Latin America Precast Concrete Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Precast Concrete Market Size Forecast by Type
12.6.1 Floors & Roofs
12.6.2 Walls & Barriers
12.6.3 Columns & Beams
12.6.4 Utility Vaults
12.6.5 Girders
12.6.6 Pipes
12.6.7 Paving slabs
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Precast Concrete Market Size Forecast by Applications
12.10.1 Non-residential
12.10.2 Residential
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Precast Concrete Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Precast Concrete Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Precast Concrete Market Size Forecast by Type
13.6.1 Floors & Roofs
13.6.2 Walls & Barriers
13.6.3 Columns & Beams
13.6.4 Utility Vaults
13.6.5 Girders
13.6.6 Pipes
13.6.7 Paving slabs
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Precast Concrete Market Size Forecast by Applications
13.10.1 Non-residential
13.10.2 Residential
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Precast Concrete Market: Competitive Dashboard
14.2 Global Precast Concrete Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Actividades De Construccion Y Servicios, S.A.
14.3.2 Bouygues Construction
14.3.3 Cemex
14.3.4 Balfour Beatty PLC
14.3.5 Laing O’Rourke
14.3.6 Larsen & Toubro Limited
14.3.7 Taisei Corporation
14.3.8 Skanska Ab
14.3.9 CRH PLC
14.3.10 Julius Berger Nigeria PLC
14.3.11 Actividades De Construccion Y Servicios, S.A.
14.3.12 Atco Group
14.3.13 Vinci
14.3.14 Kiewit Corporation
14.3.15 Oldcastle Precast
14.3.16 Komatsu Ltd
14.3.17 Modular Space Corporation
14.3.18 KEF Infrastructure India
14.3.19 Preca Solutions India
14.3.20 Nanaimo Precast
14.3.21 Coreslab Structures
14.3.22 Coltman Precast Concrete Ltd
14.3.23 Metromont Corporation
14.3.24 Styl-Comp Group
14.3.25 Smeet Precast
