The Precast Concrete market is heavily consolidated owing to a large
number of global, regional, and local key contenders having already established
a significant footing. The key participants dominate the operations in the
industry with their extensive geographical coverage and huge production
facilities.
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The
global precast concrete market is
forecast to reach USD 168.17 Billion
by 2026, according to a new report by Reports and Data. The increasing
residential construction activities across the globe, coupled with the rising
population, are propelling the growth of the market. Rapid urbanization and
industrialization will also drive the demand for precast concrete during the
forecast period.
Key participants
include:
SKANSKA
AB, Coltman Precast Concrete Limited, Jensen Precast, Tindall Corporation,
Molin Concrete Products Company, Inc., Taiheiyo Cement, Coreslab Structures,
Heidelberg Cement AG, CRH, Larsen & Toubro Limited, SMEET, and Metromont
Corporation, among others.
Product Type Outlook (Volume, Kilo Tons and Revenue, USD Million;
2016-2026)
Floors & Roofs
Walls & Barriers
Columns & Beams
Pipes
Paving Slabs
Others
Construction type Outlook (Volume, Kilo Tons and Revenue, USD
Million; 2016-2026)
Elemental
Construction
Permanent Modular
Buildings
Re-Locatable
Buildings
Application Outlook (Volume, Kilo Tons and Revenue, USD Million;
2016-2026)
Structural Building
Components
Water & Waste
Handling Products
Transportation
Products
Architectural
Building Component
Others
End-User Outlook (Volume, Kilo Tons and Revenue, USD Million;
2016-2026)
Industrial
Commercial
Residential
Regional Outlook (Volume, Kilo Tons and Revenue, USD Million;
2016-2026)
North America
Europe
Asia Pacific
MEA
Major selling
points of this research report
-Gives the reader a holistic comprehension of the global market.
-Identifies the recent trends and estimated growth rate for the forecast duration.
-Helps industry experts, investors, and other participants implement lucrative expansion approaches.
-Provides accurate market insights to take informed decisions through presentations and other tools.
-Outlines the competitive landscapes with the individual market share of top vendors.
-Gives the reader a holistic comprehension of the global market.
-Identifies the recent trends and estimated growth rate for the forecast duration.
-Helps industry experts, investors, and other participants implement lucrative expansion approaches.
-Provides accurate market insights to take informed decisions through presentations and other tools.
-Outlines the competitive landscapes with the individual market share of top vendors.
Further key findings from the report suggest
- Among the construction types, elemental
construction is anticipated to witness the fastest growth of 6.6% during
the forecast period. The elemental construction include a diverse range of
completed projects for commercial and residential applications and their
renovations.
- The precast concrete waste and water handling
products account for the largest market share of ~24% in the year 2018.
Water and waste handling products produced from precast concrete include
manholes, septic tanks, water & sewer system components, hazardous
material containers, grease interceptors, and other products.
- The demand for the products in the residential
market will be a crucial driver of the waste and water handling products
segment's growth, as advances in housing starts and manufactured housing
placements boost septic tank demand. In the non-building sector, increase
in water and sewer construction spending will spur demand for water &
sewer system components, manholes, and other products.
To identify the key trends in the industry,
click on the link below: https://www.reportsanddata.com/report-detail/precast-concrete-market
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