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27.11.2021 03:30

Precast Concrete Market Size to Grow by USD 16.43 bn | Boral Ltd. and CEMEX SAB de CV Among Key Vendors | Technavio

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NEW YORK, Nov. 26, 2021 /PRNewswire/ -- The precast concrete market is set to grow by USD 16.43 bn from 2020 to 2025, progressing at a CAGR of 3.32%. This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. The precast concrete market analysis includes product and geography landscape.

Attractive Opportunities in Precast Concrete Market by Product and Geography - Forecast and Analysis 2021-2025

Request a Free Sample Report to explore growth opportunities in the precast concrete market

The precast concrete market report covers insights on major trends, key growth drivers, and challenges impacting the overall growth of the market. The report identifies the increase in concerns towards work-area safety and the need to lower the environmental impact as one of the major factors driving the growth of the market.

The Precast Concrete Market covers the following areas:

Precast Concrete Market Sizing
Precast Concrete Market Forecast
Precast Concrete Market Analysis

Regional Analysis

Technavio offers an up-to-date analysis of the geographical composition of the market as well as competitive intelligence and regional opportunities in store for vendors. The precast concrete market has been segmented into five regions, namely APAC, Europe, North America, South America, and MEA. According to our analysis, 42% of the market's growth will originate from APAC during the forecast period. China and India are the key countries for the precast concrete market in the region. APAC has been recording a significant growth rate. Hence, it is expected to offer several growth opportunities to market vendors during the forecast period. Growing urbanization and industrialization will drive the precast concrete market growth in APAC.

Some Companies Mentioned

  • Boral Ltd.
  • CEMEX SAB de CV
  • CRH Plc
  • Forterra Inc.
  • Gulf Precast Concrete Co. LLC
  • Julius Berger Nigeria Plc
  • Kiewit Corp.
  • LafargeHolcim Ltd.
  • Larsen and Toubro Ltd.
  • Tindall Corp.

Subscribe to our "Lite Plan" billed annually at USD 3000 to view 3 reports monthly and download 3 reports annually.

Related Reports:

  • Green Concrete Market: The green concrete market has been segmented by application (non-residential and residential) and geography (APAC, Europe, North America, South America, and MEA). Download Free Sample Report
  • Composite Materials Market: The composite materials market has been segmented by fiber type (glass fiber, carbon fiber, aramid fiber, and others) and geography (North America, Europe, APAC, South America, and MEA). Download Free Sample Report

Precast Concrete Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 3.32%

Market growth 2021-2025

USD 16.43 billion

Market structure

Fragmented

YoY growth (%)

2.40

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 42%

Key consumer countries

China, US, Germany, France, and India

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Boral Ltd., CEMEX SAB de CV, CRH Plc, Forterra Inc., Gulf Precast Concrete Co. LLC, Julius Berger Nigeria Plc, Kiewit Corp., LafargeHolcim Ltd., Larsen and Toubro Ltd., and Tindall Corp.

Market Dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

 

Technavio (PRNewsfoto/Technavio)

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SOURCE Technavio

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