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Precast Concrete Market Report: Trends, Forecast and Competitive Analysis to 2030

February 2024 | 150 pages | ID: P11FA08DE0A3EN
Lucintel

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Precast Concrete Trends and Forecast

The future of the global precast concrete market looks promising with opportunities in the residential, commercial, infrastructure, and industrial markets. The global precast concrete market is expected to reach an estimated $198.9 billion by 2030 with a CAGR of 6.6% from 2024 to 2030. The major drivers for this market are growing number of green building projects, rising considerations for work-zone safety and environmental impact, and increase in renovation and remodeling activities among worldwide.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Precast Concrete by Segment

The study includes a forecast for the global precast concrete by product type, application, and region.

Precast Concrete Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
  • Structural Building Components
  • Architectural Building Components
  • Transportation Products
  • Waste & Water Handling Products
  • Others
Precast Concrete Market by Application [Shipment Analysis by Value from 2018 to 2030]:
  • Residential
  • Commercial
  • Infrastructure
  • Industrial
  • Others
Precast Concrete Market by Region [Shipment Analysis by Value from 2018 to 2030]:
  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World
List of Precast Concrete Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies precast concrete companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the precast concrete companies profiled in this report include-
  • Boral
  • LafargeHolcim
  • Gulf Precast Concrete
  • Olson Precast
  • CEMEX
  • Forterra Pipe and Precast
  • Tindall
  • Spancrete
  • Elementbau Osthessen
  • GЬlermak
Precast Concrete Market Insights

Lucintel forecasts that structural building component is expected to witness the highest growth over the forecast period due to its growing need in affordable housing owing to the rapid growth of middle-class population's.

Within this market, infrastructure is expected to witness the highest growth over the forecast period.

APAC is expected to witness highest growth over the forecast period due to rising customers and builders propensity for eco-friendly, economical, and contemporary constructional methods in the region.

Features of the Global Precast Concrete Market

Market Size Estimates: Precast concrete market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Precast concrete market size by product type, application, and region in terms of value ($B).

Regional Analysis: Precast concrete market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different product types, applications, and regions for the precast concrete market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the precast concrete market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the precast concrete market size?

Answer: The global precast concrete market is expected to reach an estimated $198.9 billion by 2030.

Q2. What is the growth forecast for precast concrete market?

Answer: The global precast concrete market is expected to grow with a CAGR of 6.6% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the precast concrete market?

Answer: The major drivers for this market are growing number of green building projects, rising considerations for work-zone safety and environmental impact, and increase in renovation and remodeling activities among worldwide.

Q4. What are the major segments for precast concrete market?

Answer: The future of the precast concrete market looks promising with opportunities in the residential, commercial, infrastructure, and industrial markets.

Q5. Who are the key precast concrete market companies?

Answer: Some of the key precast concrete companies are as follows:
  • Boral
  • LafargeHolcim
  • Gulf Precast Concrete
  • Olson Precast
  • CEMEX
  • Forterra Pipe and Precast
  • Tindall
  • Spancrete
  • Elementbau Osthessen
  • GЬlermak
Q6. Which precast concrete market segment will be the largest in future?

Answer: Lucintel forecasts that structural building component is expected to witness the highest growth over the forecast period due to its growing need in affordable housing owing to the rapid growth of middle-class population's.

Q7. In precast concrete market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to rising customers and builders propensity for eco-friendly, economical, and contemporary constructional methods in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the precast concrete market by product type (structural building components, architectural building components, transportation products, waste & water handling products, and others), application (residential, commercial, infrastructure, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

For any questions related to Precast Concrete Market, Precast Concrete Market Size, Precast Concrete Market Growth, Precast Concrete Market Analysis, Precast Concrete Market Report, Precast Concrete Market Share, Precast Concrete Market Trends, Precast Concrete Market Forecast, Precast Concrete Companies, write Lucintel analyst at email: [email protected]. We will be glad to get back to you soon.
1. EXECUTIVE SUMMARY

2. GLOBAL PRECAST CONCRETE MARKET : MARKET DYNAMICS

2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2018 TO 2030

3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Precast Concrete Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Precast Concrete Market by Product Type
  3.3.1: Structural Building Components
  3.3.2: Architectural Building Components
  3.3.3: Transportation Products
  3.3.4: Waste & Water Handling Products
  3.3.5: Others
3.4: Global Precast Concrete Market by Application
  3.4.1: Residential
  3.4.2: Commercial
  3.4.3: Infrastructure
  3.4.4: Industrial
  3.4.5: Others

4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION FROM 2018 TO 2030

4.1: Global Precast Concrete Market by Region
4.2: North American Precast Concrete Market
  4.2.1: North American Precast Concrete Market by Product Type: Structural Building Components, Architectural Building Components, Transportation Products, Waste & Water Handling Products, and Others
  4.2.2: North American Precast Concrete Market by Application: Residential, Commercial, Infrastructure, Industrial, and Others
4.3: European Precast Concrete Market
  4.3.1: European Precast Concrete Market by Product Type: Structural Building Components, Architectural Building Components, Transportation Products, Waste & Water Handling Products, and Others
  4.3.2: European Precast Concrete Market by Application: Residential, Commercial, Infrastructure, Industrial, and Others
4.4: APAC Precast Concrete Market
  4.4.1: APAC Precast Concrete Market by Product Type: Structural Building Components, Architectural Building Components, Transportation Products, Waste & Water Handling Products, and Others
  4.4.2: APAC Precast Concrete Market by Application: Residential, Commercial, Infrastructure, Industrial, and Others
4.5: ROW Precast Concrete Market
  4.5.1: ROW Precast Concrete Market by Product Type: Structural Building Components, Architectural Building Components, Transportation Products, Waste & Water Handling Products, and Others
  4.5.2: ROW Precast Concrete Market by Application: Residential, Commercial, Infrastructure, Industrial, and Others

5. COMPETITOR ANALYSIS

5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis

6. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS

6.1: Growth Opportunity Analysis
  6.1.1: Growth Opportunities for the Global Precast Concrete Market by Product Type
  6.1.2: Growth Opportunities for the Global Precast Concrete Market by Application
  6.1.3: Growth Opportunities for the Global Precast Concrete Market by Region
6.2: Emerging Trends in the Global Precast Concrete Market
6.3: Strategic Analysis
  6.3.1: New Product Development
  6.3.2: Capacity Expansion of the Global Precast Concrete Market
  6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Precast Concrete Market
  6.3.4: Certification and Licensing

7. COMPANY PROFILES OF LEADING PLAYERS

7.1: Boral
7.2: LafargeHolcim
7.3: Gulf Precast Concrete
7.4: Olson Precast
7.5: CEMEX
7.6: Forterra Pipe and Precast
7.7: Tindall
7.8: Spancrete
7.9: Elementbau Osthessen
7.10: GЬlermak


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