Press release
Precast Concrete Market Size Worth UUSD 232.93 billion 2032 and CAGR of 6.5%| Companies- Boral, Holcim Ltd, Gulf Precast and others
Precast Concrete Market
As per a report by Fortune Business Insights, titled, "Precast Concrete Market Size, Share & Industry Analysis, By Product Type (Building Components, Transportation, Water & Waste Handling, and Others), By End-Use (Residential, and Non-Residential), and Regional Forecast, 2024-2032," The global precast concrete market was valued at USD 133.84 billion in 2023 and is expected to grow from USD 141.01 billion in 2024 to USD 232.93 billion by 2032, with a compound annual growth rate (CAGR) of 6.5% during the forecast period from 2024 to 2032.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ - https://www.fortunebusinessinsights.com/enquiry/sample/precast-concrete-market-103301
๐๐จ๐ฆ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ซ ๐๐ซ๐๐๐๐ฌ๐ญ ๐๐จ๐ง๐๐ซ๐๐ญ๐ ๐ข๐ง๐๐ฅ๐ฎ๐๐:
โถ Oldcastle Precast (U.S.)
โถ Balfour Beatty(U.K.)
โถ Bouygues Construction(France)
โถ Elementbau Osthessen GmbH & Co., ELO KG (Germany)
โถ Spancrete (U.S.)
โถ Tindall Corporation (U.S.)
โถ Forterra (U.S.)
โถ CEMEX (Mexico)
โถ Larson & Turbo Limited (India)
โถ Olson Precast Company (U.S.)
โถ Gulf Precast (UAE)
โถ LafargeHolcim (Switzerland)
โถ Boral (Australia)
โถ Other players
The whole world is facing the widespread pandemic of coronavirus and trying to deal with it by staying safe at homes. However, the extended lockdown period has impacted many businesses, most of which are currently at a halt. International trade halt has adversely affected most companies. The COVID-19 has impacted the whole economy at a global level, but we hope to come out of this situation soon with government support and measures.
Fortune Business Insights is offering special reports based on various markets and the impact that COVID-19 has on them. These reports are thoroughly studied for the benefit of investors to chalk out strategies for better revenue generation in the future.
๐๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ง๐ฌ๐ฐ๐๐ซ๐ฌ ๐ญ๐ก๐ ๐ ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐๐ฎ๐๐ซ๐ข๐๐ฌ:
โถ What is the nature of the market?
Who are the key players of the market for precast concrete, and what is their strategy?
โถ How will urbanization contribute to the growth of the market?
โถ What are the recent industry developments in this market?
๐๐๐ญ ๐ ๐๐ฎ๐จ๐ญ๐- https://www.fortunebusinessinsights.com/enquiry/get-a-quote/precast-concrete-market-103301
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ & ๐๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ-
Increasing Demand for Commercial and Residential Spaces to Propel Growth
Increasing population, growing industries and businesses, and the rising need for residential and commercial spaces are the key factors promoting the precast concrete market growth. In addition to this, rapid urbanization and industrialization have propelled the demand for construction activities. This has led to a rise in the expenditure for construction activities, thereby augmenting growth.
On the contrary, certain drawbacks may pull down this market in the future. These include the environmental and health concerns concerning cement manufacturing. It is believed that cement production releases many gases such as sulfur dioxide, carbon monoxide, and nitrogen oxide into the atmosphere. This may result in numerous environmental impacts such as global warming, depletion in the quality of water, and acid rain, among others. Besides this, there are several health issues such as visual impairment, asthma, and various cardiovascular diseases that may cause hindrance to the overall market in the coming years.
๐๐๐ ๐ฆ๐๐ง๐ญ:
Building Components Segment Earned Major Share Attributed to Utilization in Construction Projects
Based on segmentation by product type, the building components segment gained the largest precast concrete market share. Growth of this segment is attributable to the increasing demand for cost-efficient quality houses at affordable prices that propelled a rise in the number of construction projects.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ-
Asia Pacific to Emerge Dominant on Account of Rising Investments in Infrastructural Development
Geographically, Asia Pacific earned a revenue of USD 46.97 billion in the year 2019 and received the largest precast concrete market share. This is attributable to the increasing investments on infrastructural development by emerging nations such as India, China, and Japan in the forecast duration that will propel the demand for precast concrete in the regional market. Europe ranks second on account of the increasing use of precast concrete products for commercial and industrial construction projects.
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง- https://www.fortunebusinessinsights.com/precast-concrete-market-103301
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐-
Players Focusing on Geographical Expansion for Gaining Significant Position in Market
The global market for precast concrete is fragmented as the number of players is many. Some of them are investing heavily on material supply and other partnership strategies to gain a competitive edge in the market. Others are planning on expanding their brand presence geographically to draw significant revenues to the market.
Major Industry Developments of the Market for Precast Concrete Include:
January 2019 - Alfons Greten Betonwerk was acquired by Lafarge Holcim for operating collaboratively on one ready-mix and one precast concrete plant located in Germany. This effort is expected to help increase its brand presence in the nation.
April 2017 - The Caissons of maritime infrastructure by Bouygues Construction was pre-casted for the Monaco offshore extension project located in Marseille. This will help to serve as the new base for offshore extensions.
๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ-
Cement Market- https://www.fortunebusinessinsights.com/industry-reports/cement-market-101825
Paints and Coatings Market- https://www.fortunebusinessinsights.com/industry-reports/paints-and-coatings-market-101947
Paints and Coatings Additives Market- https://www.fortunebusinessinsights.com/industry-reports/paints-coatings-additives-market-101810
Contact Us:
Fortune Business Insightsโข Pvt. Ltd.
9th Floor, Icon Tower,
Baner, Pune-411045,
Maharashtra, India.
Phone:
U.S.: US +1 833 909 2966 (Toll Free)
UK +44 808 502 0280 (Toll Free)
APAC +91 744 740 1245
Email: sales@fortunebusinessinsights.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Fortune Business Insightsโข offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Precast Concrete Market Size Worth UUSD 232.93 billion 2032 and CAGR of 6.5%| Companies- Boral, Holcim Ltd, Gulf Precast and others here
News-ID: 3669009 • Views: โฆ
More Releases from Fortune Business Insights
A Deep Dive into the Automotive Camera Market, Cameras on Wheels
Automotive cameras continuously capture and provide the vehicle's driver with a view of their surroundings. This enables them to make better decisions based on real-time images of the environment that meet vehicle maneuvers, thereby helping drivers and an imaging system that improves vehicle safety. Vehicle cameras can be installed inside and outside the vehicle, depending on the application.
The automotive camera market refers to the sector involved in the development, production,โฆ
Global Iodine Market Size to Be Valued at USD 3.29 Billion by 2032 | Record a CA โฆ
Latest Iodine News, 2024: The iodine market size was valued at USD 1.88 billion in 2023 and is expected to be worth USD 2.00 billion in 2024. The market is projected to reach USD 3.29 billion by 2032, recording a CAGR of 6.5% during the forecast period. Europe dominated the iodine market with a market share of 40.43% in 2023.
Iodine is an element that has a lustrous purple-black color.โฆ
Alcohol Packaging Market Size to Be Valued at USD 106.34 Billion by 2032, With R โฆ
The global alcohol packaging market size was valued at USD 67.10 billion in 2023 and is expected to be worth USD 70.19 billion in 2024. The market is projected to reach USD 106.34 billion by 2032, recording a CAGR of 5.33% during the forecast period.
Alcohol packaging serves to safeguard the product while also enhancing brand visibility, significantly influencing consumer decision-making. Manufacturers are innovating with unique packaging designs that sway consumersโฆ
Navigating the Electric Bus Market Landscape & Market Analysis For 2024
An electric bus is a public transportation vehicle powered by electricity rather than traditional fossil fuels, such as diesel or gasoline. Electric buses utilize electric motors and batteries to propel the vehicle, producing zero tailpipe emissions during operation. These buses are part of the broader movement toward electrification in the transportation sector, aimed at reducing air pollution, greenhouse gas emissions, and dependency on finite fossil fuels.
The electric bus market refersโฆ
More Releases for Precast
2022 Precast Concrete Market Share, Global Trends, Key Players Analysis, Growth โฆ
'Precast Concrete Global Market Report 2022 - Market Size, Trends, And Global Forecast 2022-2026' by The Business Research Company is the most comprehensive report available on this market, with analysis of the market's historic and forecast growth, drivers and restraints causing it, and highlights of the opportunities that companies in the industry can take on. The precast concrete market research report helps gain a truly global perspective of the precastโฆ
Precast Concrete Construction Market to Watch: Spotlight on Gulf Precast, KEF In โฆ
Latest published market study on Global Precast Concrete Construction Market provides an overview of the current market dynamics in the Precast Concrete Construction space, as well as what our survey respondentsโall outsourcing decision-makersโpredict the market will look like in 2027. The study breaks market by revenue and volume (wherever applicable) and price history to estimates size and trend analysis and identifying gaps and opportunities. Some of the players that areโฆ
U.S Precast Concrete Market is Booming Worldwide | Concrete Pipe & Precast, LLC, โฆ
Global U.S Precast Concrete Market Report 2020 is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The study provides information on market trends and development, drivers, capacities, technologies, and on the changing investment structure of the Global U.S Precast Concrete Market. Some of the key players profiled in the study are Concrete Pipe & Precast,โฆ
Precast Concrete Market Demand Analysis by Share, Trends and Forecast 2026 | SKA โฆ
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.
Request For Free PDF Sample of This Research Report At: https://www.reportsanddata.com/sample-enquiry-form/1853
The global precast concrete market is forecast to reach USD 168.17 Billion by 2026, according to aโฆ
What's driving the Precast Concrete Market Share? Larsen & Toubro Limited, Kiewi โฆ
Market Study Report Has Added A New Report On Precast Concrete Market That Provides A Comprehensive Review Of This Industry With Respect To The Driving Forces Influencing The Market Size. Comprising The Current And Future Trends Defining The Dynamics Of This Industry Vertical, This Report Also Incorporates The Regional Landscape Of Precast Concrete Market In Tandem With Its Competitive Terrain.
The global precast concrete market size is anticipated to reach USDโฆ
U.S Precast Concrete Market Size and Forecast to 2025 | Leading Key players - Co โฆ
The Global U.S Precast Concrete Market study is published by Verified Market Research with a core intention of delivering valuable and actionable insights into the global U.S Precast Concrete industry performance, history, scope, and potential. The report traverses through the historic and current phase of the market to provide reliable and trustworthy market predictions based on market size, share, demand, sales, and revenue.
the U.S Precast Concrete Market was valued atโฆ
