Global Precast Concrete Strategic Business Report 2023: Increasing Emphasis on Sustainability to Drive the Market

Dublin, July 10, 2023 (GLOBE NEWSWIRE) -- The "Precast Concrete: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Precast Concrete estimated at US$110 Billion in the year 2022, is projected to reach a revised size of US$192.4 Billion by 2030, growing at a CAGR of 7.2% over the analysis period 2022-2030.

Columns & Beams, one of the segments analyzed in the report, is projected to record a 7.7% CAGR and reach US$62.9 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Floors & Roofs segment is readjusted to a revised 6.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $20.1 Billion, While China is Forecast to Grow at 9.4% CAGR

The Precast Concrete market in the U.S. is estimated at US$20.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$58.7 Billion by the year 2030 trailing a CAGR of 9.4% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.2% and 5.3% respectively over the 2022-2030 period.

Within Europe, Germany is forecast to grow at approximately 5.2% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$23.3 Billion by the year 2030.

Select Competitors (Total 91 Featured) -

• Balfour Beatty plc
• Boral Limited
• CEMEX S.A.B. de C.V.
• CRH plc
• Elementbau Osthessen GmbH
• Gulf Precast Concrete Co. L.L.C.
• LafargeHolcim Ltd.
• Larsen & Toubro Limited
• Oldcastle Infrastructure, Inc.
• Olson Precast Company
• Tindall Corporation

Key Attributes:

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Impact of COVID-19 Pandemic and Looming Global Recession; Living with COVID-19, the New Normal
• Stagflation and Risk of Recession: New Challenges Emerge for the Global Market in 2022 & 2023
• World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020, 2021, 2022 and 2023
• Economic Volatility and Construction Market Dynamics Redesign Growth Patterns
• Recovery in Construction Sector to Boost Growth
• Global Construction Spending (in US$ Trillion) for the Years 2020-2028
• United States Housing Units Starts:2015-2021 (Housing Units in Thousands)
• Competition
• Precast Concrete - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
• Precast Concrete: An Introduction
• Advantages of Precast Concrete
• Disadvantages of Precast Concrete
• Global Market Outlook and Prospects
• Dynamic Factors Laying Strong Foundation for Growth of Precast Concrete Market
• Regional Analysis
• Developing Markets Drive Growth of the Precast Concrete Market
• Developed Regions Also Hold a Significant Share
• Non-Residential Sector Accounts for a Major Share
• Market Challenges
• Recent Market Activity
• Select Global Brands

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Major Trends Influencing the Precast Concrete Market
• Innovative Precast Technologies in Current Times
• Swift Improvement in Real-Estate Fundamentals to Boost Precast Concrete Demand
• Rising Global Population & Rapid Urbanization Drive Demand for Precast Concrete
• World Population (in Thousands) by Geographic Region for the Years 2018, 2025, 2040, 2050
• World Urban Population in Thousands: 1950-2050P
• Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1950, 1970, 1990, 2018, 2030 and 2050
• Developing Countries Drive Market Growth, Driven by Expanding Middle Class Population
• Global Middle Class Population (in Millions) and as a Percentage of Total Population: 2005, 2015, 2025 & 2035
• Growing Environmental Consciousness Drives Widespread Adoption of Precast Concrete
• Carbon Footprint Forecasts for Buildings (In Billion Metric Tons) for Years 2020, 2025, 2030, 2035, 2040, 2045 & 2050
• Emergence of Smart City Infrastructure, Precast Concrete Market Poised for Robust Growth
• Connected Things in Smart Cities: Installed Base (in Million) by Segment for 2015 and 2019
• Smart Homes Drive Demand for Prefabricated Concrete Market
• Global Smart Homes Market (In US$ Billion) for the Years 2019, 2021, 2023 & 2025
• Increasing Emphasis on Sustainability to Drive the Market for Precast Concrete
• Major Trends in the Concrete Technology Vertical
• Construction Trends Augur Well for Precast Concrete
• Structural Building Components & Infrastructure: Offering Brighter Prospects to Precast Concrete Market
• Precast Concrete Emerges as Mainstream Option for Metro Projects
• Precast Concrete Wall Panels: Merits, Downsides & Alternatives
• Precast Concrete and Innovations in Sports Arenas
• Emerging Technology Ensures Concrete Future for Precast Concrete
• Precast Concrete Built on Industry Byproducts
• High-Performance, Durable Precast Concrete
• Concrete for Air Purification & Travel
• Precast Concrete Technology: Evolving Continuously with Project Demands
• Technology Advancements Bode Well for Market Growth of Precast Concrete
• Self-healing Concrete
• Graphic Concrete
• Light-Generating Concrete
• Translucent Cement
• High Performance Concrete (HPC)
• Corrosion Inhibitors & Waterproofing Agents
• Smog Eating Concrete
• Pervious Concrete
• Blended Cements
• Ultra-High Performance Concrete (UHPC)

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/rgx875

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Attachment

• Global Market for Precast Concrete