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Precast Concrete Market Trends

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Report ID: 3106
Published Date: Sep 03, 2024
Report Format: PDF, PPT

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Precast Concrete Market Trends

Growth Drivers

Increasing Construction Activities Globally
Rising Demand for Fast Track Construction

Challenges

Fluctuating Prices of Raw Materials

Precast Concrete Market: Key Insights

Base Year	2023
Forecast Year	2024-2036
CAGR	6.2%
Base Year Market Size (2023)	USD 152.74 billion
Forecast Year Market Size (2036)	USD 333.87 billion
Regional Scope	North America (U.S., and Canada) Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific) Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Latin America (Mexico, Argentina, Brazil, Rest of Latin America) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Browse Key Market Insights with Data Illustration:

Precast Concrete Market Size & Share, Growth Forecast 2036

Author Credits: Shweta Patidar

Report ID: 3106
Published Date: Sep 03, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of precast concrete is assessed at USD 160.32 billion.

Precast Concrete Market size was over USD 152.74 billion in 2023 and is projected to exceed USD 333.87 billion by 2036, growing at over 6.2% CAGR during the forecast period i.e., between 2024-2036. Growing infrastructure development activities along with rising need for housing spaces will impel the market growth.

North America is estimated to dominate majority revenue share by 2036, on the back of constantly increasing commercial construction activities in the region.

The major players in the market are Laing O'Rourke, CEMEX, S.A.B. de C.V., CRH plc, Skanska USA Inc., Balfour Beatty Plc., Gulermak A.S, Holcim Ltd, and others.

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