Dublin, Jan. 10, 2025 (GLOBE NEWSWIRE) -- The "Precast Concrete Market 2025-2029" report has been added to ResearchAndMarkets.com's offering.
The precast concrete market is forecasted to grow by USD 21.8 billion during 2024-2029, accelerating at a CAGR of 4% during the forecast period. This report provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing urbanization and industrialization, need for reduced construction time and cost-effective products, and cities evolving into megacities.
The precast concrete market is segmented as below:
By End-user
- Non-residential
- Residential
By Product
- Building components
- Transportation
- Water and water handling
- Others
By Region
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the increasing investments in construction industry as one of the prime reasons driving the precast concrete market growth during the next few years. Also, increase in number of mergers and acquisitions and adoption of new technologies and materials will lead to sizable demand in the market.
This report on the precast concrete market covers the following areas:
- Precast Concrete Market sizing
- Precast Concrete Market forecast
- Precast Concrete Market industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading precast concrete market vendors.
Also, the precast concrete market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
A selection of companies mentioned in this report includes, but is not limited to:
- Balfour Beatty PLC
- Boral Ltd.
- CEMEX SAB de C.V.
- Consolis Group SAS
- CRH PLC
- EBAWE Anlagentechnik GmbH
- Elematic Oyj
- Gulf Precast Concrete Co. LLC
- Heidelberg Materials AG
- Holcim Ltd.
- Julius Berger Nigeria PLC
- Kiewit Corp.
- Larsen and Toubro Ltd.
- Prilhofer Consulting GmbH and Co. KG
- QUIKRETE Holdings Inc.
- Skanska AB
- Spiroll Precast Services Ltd.
- The Wells Companies
- Tindall Corp.
- Weckenmann Anlagentechnik GmbH and Co. KG
For more information about this report visit https://www.researchandmarkets.com/r/irmv5a
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