Report overview
Precast construction is a type of construction, wherein pre cast (any material that is in its final shape before being positioned at its original location) construction structures are used. Concrete, and steel in some cases, is generally used in precast construction. These structures are manufactured beforehand in a plant, which is located away from the actual construction site. These precast construction components are then transported and later assembled mechanically with the help of anchor bolts at the actual construction site. High early strength cement is cured with the help of steam curing and casts can be formed within a duration of 24 hours. Buildings can be constructed faster and at a much cheaper rates through precast construction. Components used for precast construction are generally standardized. This helps in providing better quality to structures as compared to site-cast concrete, as they are manufactured in a controlled condition. Precast construction components are more durable and hence can also be reused later. Controlled conditions while manufacturing precast allows better control of surface finishes. Compared to site-cast, precast construction components can be erected faster and are affected less by adverse weather conditions, making it comparatively safer.
Precast components in construction are used for residential as well as nonresidential complexes. Among nonresidential complexes, these components are useful in the construction of stadiums, parking lots of shopping complexes, bridges, etc.
This report aims to provide a comprehensive presentation of the global market for Precast Construction, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Precast Construction. This report contains market size and forecasts of Precast Construction in global, including the following market information:
Global Precast Construction Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Precast Construction Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Precast Construction companies in 2022 (%)
The global Precast Construction market was valued at US$ 12290 million in 2022 and is projected to reach US$ 17040 million by 2029, at a CAGR of 4.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The use of precast construction components in the non-residential sector is expected to rise in the near future. The precast construction market is expected to expand at a rapid pace due to the increasing demand for new construction across the globe. During the recent times, there has been an increase in the investments in public and the private infrastructure sectors in major economies. This is expected to drive the market for precast construction in the next few years.
We surveyed the Precast Construction manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Precast Construction Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Precast Construction Market Segment Percentages, by Type, 2022 (%)
Floors & Roofs
Walls & Barriers
Columns & Beams
Utility Vaults
Girders
Pipes
Paving slabs
Global Precast Construction Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Precast Construction Market Segment Percentages, by Application, 2022 (%)
Non-residential
Residential
Global Precast Construction Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Precast Construction Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Precast Construction revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Precast Construction revenues share in global market, 2022 (%)
Key companies Precast Construction sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Precast Construction sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
ACS Group
Bechtel
CSCEC
Larsen & Toubro (L&T)
VINCI
Balfour Beatty
Bouygues Construction
Daiwa House Group
Granite Construction
Kiewitas
Red Sea Housing
Skanska
TAISEI
Outline of Major Chapters:
Chapter 1: Introduces the definition of Precast Construction, market overview.
Chapter 2: Global Precast Construction market size in revenue and volume.
Chapter 3: Detailed analysis of Precast Construction manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Precast Construction in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Precast Construction capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
