Precast Concrete Market Report 2027: Regional Trends and Industry Analysis
Category: #business  By Ronak Bora  Date: 2022-06-24
  • share
  • Twitter
  • Facebook
  • LinkedIn
Precast Concrete Market Report 2027: Regional Trends and Industry Analysis

North America precast concrete market is anticipated to generate more than 17% of the overall market revenue share through 2027 driven by the fast-growing commercial construction sector. According to the Federal Reserve Economic Data (FRED), the total nonresidential construction spending in the U.S. was valued at USD 788,587 as of August 2021. Several favorable government policies have been initiated for the usage of eco-friendly and advanced materials in transportation & infrastructure projects. The escalating need for restructuring old establishments will also drive the regional industry dynamics.

Get sample copy of this research report @  https://www.decresearch.com/request-sample/detail/5139

Precast concrete products are also increasingly utilized in multi-cell tanks, wall panels, chambers, and water treatment systems to offer longevity and safety measures. However, the transportation issues associated with the finished products and fluctuating raw materials costs may restrict the business growth to some extent.

On account of its high performance, optimum protection ability, and lower environmental impacts over other materials, precast concrete has emerged as a crucial component across the building & construction sector. Other than providing maximum strength and durability, it offers large load-bearing capacities whilst ensuring a high level of precision and detailing, adding to its application in commercial wastewater treatment systems across developing countries.

Global precast concrete market will witness substantial expansion owing to the rising expenditure in water as well as wastewater treatment sectors. The fast-growing new housing and infrastructure sector, mainly in the Asia Pacific has steered the need for sustainable buildings. The growing requirement for water filtration for protecting the natural water bodies will also add positive impetus to the market growth.

Demand for different types of precast concrete in the non-residential sector could observe a CAGR of 5.6% up to 2027. The growth is ascribed to rising preference for lightweight, heatproof, as well as anti-corrosive materials in non-residential buildings, including parking spaces, commercial complexes, airports, offices, and malls.

Holcim, Tindall Corporation, HEIDELBERGCEMENT AG, ELO Beton, Spancrete, CEMEX S.A.B. de C.V., Gulf Precast Concrete Co., LLC, Olson Precast Company, Julius Berger Nigeria Plc, Boral, CRH plc, Balfour Beatty, Laing O’Rourke, and Larsen & Toubro, are other well-known industry participants.

Get this report Customized to your requirements @ https://www.decresearch.com/roc/5139

Some Point from Table of Contents:

Data Tables

TABLE 1    Global precast concrete market estimates & forecast (Million Meter Cube) (USD Million), 2017 - 2027

TABLE 2    Global precast concrete market volume estimates & forecast by element, (Million Meter Cube), 2017 - 2027

TABLE 3    Global precast concrete industry revenue estimates & forecast by element, (USD Million), 2017 – 2027

TABLE 4    Global precast concrete industry volume estimates & forecast by sector, (Million Meter Cube), 2017 - 2027

TABLE 5    Global precast concrete industry revenue estimates & forecast by, sector, (USD Million), 2017 - 2027

TABLE 6    Global precast concrete market volume estimates & forecast by region, (Million Meter Cube), 2017 - 2027

TABLE 7    Global precast concrete industry revenue estimates & forecast by region, (USD Million), 2017 - 2027

TABLE 8    Patent analysis

TABLE 9    Industry impact forces

TABLE 10    Strategy dashboard

Browse complete Table of Contents (ToC) of this research report @

https://www.decresearch.com/toc/detail/precast-concrete-market

 

  • share
  • Twitter
  • Facebook
  • LinkedIn

About Author

Ronak Bora

Ronak Bora    

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...

Read More >>

More News By Ronak Bora

Electrical Conduit Market Statistics, Regional Growth & Forecast To 2024
Electrical Conduit Market Statistics, Regional Growth & Forecast To 2024
By Ronak Bora

Global electrical conduit market is poised to witness appreciable growth in the coming years owing to increasing efforts towards containing electric supply faults, health hazards, fire, and other operational breakdown. Electrical wiring is directly ...

GCC Natural Gas Market Outlook 2024 By Industry Players
GCC Natural Gas Market Outlook 2024 By Industry Players
By Ronak Bora

GCC natural gas market has been a recipient of the concerns related to energy security and climatic changes due to increasing fossil fuel consumption. In a bid to strengthen the regional sustainable energy scenario, GCC countries including Kuwait, UA...

Europe Residential Boiler Market | Opportunities, Key Trends & Growth Analysis To 2024
Europe Residential Boiler Market | Opportunities, Key Trends & Growth Analysis To 2024
By Ronak Bora

The shifting focus of European countries toward energy efficiency is certain to act as a driving force for Europe residential boiler industry. The increasing awareness about the adverse effects of fossil fuel consumption for energy generation has bee...