The Precast Concrete market research report offers an in-depth analysis of the market trends, macro-economic indications, and governing factors, along with market segments. In addition, it presents a regional analysis of the market, including significant regions like North America, Latin America, the Middle East, Africa, Europe, and more. . It also highlights strategic market growth analysis, market size, category market growths, product approvals, product launches, and geographic expansion in the Precast Concrete market.
This report also outlines forthcoming opportunities that reveal the market growth rate during the forecasted period and presents the current market scenario and historical data. Furthermore, the market report also offers market definition, classification, production, and engagement. Moreover, the information includes regional analysis of the market that helps understand the Precast Concrete market precisely.
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The global precast concrete market size is projected to grow from USD 130.6 billion in 2020 to USD 174.1 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 5.9%. This report spread across 203 Pages, Profiling 24 Companies and Supported with 141 Tables and 45 figures are now available in this research.
Top Companies Profiled in the Precast Concrete Market:Cemex S.A.B de C.V. (Mexico) LafargeHolcim Ltd (Switzerland) Skanska AB (Sweden) CRH PLC (Ireland) Balfour Beatty PLC (UK) Laing O’Rourke (UK) Oldcastle Infrastructure Inc. (US) Atco Concrete Products N.V. (Netherlands)
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The girders segment is projected to grow at the highest CAGR from 2020 to 2025. Girders made of precast concrete are mainly used in the construction of bridges and large building structures. For the rapid construction of bridges, girders are precast in the factory, transported to the site, and erected at their specified section of the main construction.
Permanent modular buildings are projected to be the fastest-growing segment in the precast concrete market. Permanent modular buildings are made of multiple sections or modules that are prefabricated in factories. These modules are brought to the actual site where the building or structure is to be erected.
Non-residential is projected to be the fastest-growing segment in the precast concrete market. Precast concrete is widely preferred for commercial, infrastructural, and industrial spaces. The growth in the non-residential segment is due to the rising public and private investment in the infrastructural sector in the emerging economies of Asia Pacific, the Middle East, and South America.
Competitive Landscape of Precast Concrete Market:
2 Market Ranking
3 Market Share Analysis
4 Competitive Leadership Mapping
4.2 Emerging Leaders
4.4 Emerging Companies
5 Strength Of Product Portfolio
6 Business Strategy Excellence
7 Competitive Scenario
7.2 New Product Development
7.4 Contracts, Partnerships & Agreements
Reason to access this report:
The report is projected to help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers of the overall precast concrete market and its segments and sub-segments. This report is projected to help stakeholders understand the competitive landscape of the market and gain insights to improve the position of their businesses and plan suitable go-to-market strategies.