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Looking forward, the precast concrete market value is projected to reach a strong growth during the forecast period (2022-2027).<br>More info:- https://www.imarcgroup.com/precast-concrete-market
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Global Precast Concrete Market Research and Forecast Report 2022- 2027 Author: Elena Anderson Marketing Manager Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2022 IMARC All Rights Reserved
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Report Description and Highlights Report Description Global Precast Concrete Market Research Report 2022-2027: IMARC Group’s latest report, titled “Precast Concrete Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” finds that the global precast concrete market size reached US$ 115 Billion in 2021. Precast concrete is a form of concrete prepared, cast, and cured off-site using a reusable mold, typically in a controlled factory environment. The casted concrete is then transported to the construction site for installation to form a complete structure. It is widely used to construct structural components, such as wall panels, tunnels, floors, beams, columns, pipes, girders, and staircases. Compared to the traditional in-situ concrete, it is more economical, saves construction time, and offers enhanced durability and higher dimensional accuracy. It also provides the advantage of planning future construction projects as the elements can be rearranged easily. As a result, precast concrete finds extensive applications across the construction industry for building large-scale commercial and affordable residential projects with identical structures. Request for a PDF sample of this report: https://www.imarcgroup.com/precast-concrete- market/requestsample
Report Description and Highlights Report Description Global Precast Concrete Market Trends: The rising residential and commercial construction activities due to the expanding global population, rapid urbanization, and elevating income levels represents the primary factor driving the market growth. Additionally, with the growing environmental concerns, there has been a widespread adoption of precast concrete to construct buildings, bridges, stadiums, tunnels and flyovers as it can be recycled and reused easily, thereby minimizing the impact of raw materials on the environment. In line with this, extensive investments in infrastructure development projects have augmented the product demand. Furthermore, governments of various countries are taking favorable initiatives to promote the adoption of precast concrete as it significantly reduces the overall project timeline and generates substantial cost savings in raw material and labor. Along with this, the introduction of several government-sponsored public housing programs on account of the surging need for affordable housing units has accelerated the adoption of precast concrete. Besides this, the shifting inclination toward modern construction techniques for enhanced performance has propelled market growth. Other factors, including the expanding building and construction sector, advancements in precast technology, and increasing spending on renovating old structures, are also creating a positive market outlook.
Report Description and Highlights Report Description Looking forward, IMARC Group expects the market value to reach US$ 158.2 Billion by 2027, growing at a CAGR of 5.4% during 2022-2027. View Report TOC, Figures and Tables: https://www.imarcgroup.com/precast-concrete-market
Report Description and Highlights Report Description Key Market Segmentation The research report includes the following segments: Breakup by Type: •Floors and Roofs •Columns and Beams •Stairs and Landing •Walls Breakup by Product: •Structural Building Components •Architectural Building Components •Transportation Products •Water and Waste Handling Products •Others Breakup by End Use: •Residential •Non-Residential
Report Description and Highlights Report Description Breakup by Region: •North America •Asia Pacific •Europe •Latin America •Middle East and Africa Competitive Landscape with Key Players: •Balfour Beatty plc •Boral Limited •CEMEX S.A.B. de C.V. •Elementbau Osthessen GmbH & Co. ELO KG •Forterra Inc. •Gulf Precast Concrete Co LLC •Holcim Group •Laing O’Rourke •Olson Precast Company •Spancrete Inc. (Wells Concrete) •Tindall Corporation.
Key Questions Answered in the Report Report Description 1. How has the global precast concrete market performed so far and how will it perform in the coming years? What has been the impact of COVID-19 on the global precast concrete market? What are the key regional markets? What is the breakup of the market based on the type? What is the breakup of the market based on the product? What is the breakup of the market based on the end use? What are the various stages in the value chain of the industry? What are the key driving factors and challenges in the industry? What is the structure of the global precast concrete market and who are the key players? 10. What is the degree of competition in the industry? 2. 3. 4. 5. 6. 7. 8. 9.
Report DescriptionTable of Contents 1 Preface 2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology 3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends 5 Global Precast Concrete Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Forecast
Report DescriptionTable of Contents 6 6 Market Breakup by Type 6.1 Floors and Roofs 6.1.1 Market Trends 6.1.2 Market Forecast 6.2 Columns and Beams 6.2.1 Market Trends 6.2.2 Market Forecast 6.3 Stairs and Landing 6.3.1 Market Trends 6.3.2 Market Forecast 6.4 Walls 6.4.1 Market Trends 6.4.2 Market Forecast 7 Market Breakup by Product 7.1 Structural Building Components 7.1.1 Market Trends 7.1.2 Market Forecast Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/precast-concrete-market/toc
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