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Precast Concrete Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global precast concrete market reached a value of US$ 115 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 158.2 Billion by 2027, exhibiting a CAGR of 5.4% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.      

Precast concrete is produced by preparing, casting, and curing the concrete using a reusable mold in a controlled environment. The casted concrete is then transported to the construction site, where it is used for structural components like wall panels, tunnels, floors, beams, columns, pipes, girders and staircases. The precast structural elements are more economical and practical in nature compared to in-situ concrete. Precast concrete components can be bolted together by embedding steel connectors in the concrete at the time of casting. They offer dimensional accuracy and a choice of developing unique and breakthrough constructions of exceptional quality. As a result, precast concrete is generally used for building affordable projects with identical structures. It also provides the advantage of planning for future construction projects as the components can be rearranged easily.

Precast Concrete Market Trends:

The global precast concrete market is primarily driven by rapid urbanization and the growing demand for residential and commercial spaces. With the rising environmental concerns, precast concrete is being increasingly used to construct buildings, bridges, and stadiums as it can be recycled and reused, which helps in minimizing the impact of raw materials on the environment. Besides this, governments across the globe are investing in infrastructural development projects, which is providing a positive outlook to the market. They are also undertaking various initiatives for the employment of precast concrete as it significantly reduces the overall project timeline and generates savings in raw material and labor costs.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global precast concrete market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, product and end use.

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
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being 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) and Tindall Corporation.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Type, Product, End Use, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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) and Tindall Corporation
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • 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?
  • What is the degree of competition in the industry?

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
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
    7.2    Architectural Building Components
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Transportation Products
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Water and Waste Handling Products
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Others
        7.5.1 Market Trends
        7.5.2 Market Forecast
8   Market Breakup by End Use
    8.1    Residential
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Non-residential
        8.2.1 Market Trends
        8.2.2 Market Forecast
9   Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10  SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11  Value Chain Analysis
12  Porters Five Forces Analysis
    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13  Price Analysis
14  Competitive Landscape
    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Balfour Beatty plc
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
           14.3.1.3 Financials
           14.3.1.4 SWOT Analysis
        14.3.2    Boral Limited
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
           14.3.2.3 Financials
           14.3.2.4 SWOT Analysis
        14.3.3    CEMEX S.A.B. de C.V.
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
           14.3.3.3 Financials
           14.3.3.4 SWOT Analysis
        14.3.4    Elementbau Osthessen GmbH & Co. ELO KG
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
        14.3.5    Forterra Inc.
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
        14.3.6    Gulf Precast Concrete Co LLC
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
        14.3.7    Holcim Group
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
           14.3.7.3 Financials
           14.3.7.4 SWOT Analysis
        14.3.8    Laing O’Rourke 
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
        14.3.9    Olson Precast Company
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    Spancrete Inc. (Wells Concrete)
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
        14.3.11    Tindall Corporation
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio

List of Figures

Figure 1: Global: Precast Concrete Market: Major Drivers and Challenges
Figure 2: Global: Precast Concrete Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Precast Concrete Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Precast Concrete Market: Breakup by Type (in %), 2021
Figure 5: Global: Precast Concrete Market: Breakup by Product (in %), 2021
Figure 6: Global: Precast Concrete Market: Breakup by End Use (in %), 2021
Figure 7: Global: Precast Concrete Market: Breakup by Region (in %), 2021
Figure 8: Global: Precast Concrete (Floors and Roofs) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Precast Concrete (Floors and Roofs) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Precast Concrete (Columns and Beams) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Precast Concrete (Columns and Beams) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Precast Concrete (Stairs and Landing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Precast Concrete (Stairs and Landing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Precast Concrete (Walls) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Precast Concrete (Walls) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Precast Concrete (Structural Building Components) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Precast Concrete (Structural Building Components) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Precast Concrete (Architectural Building Components) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Precast Concrete (Architectural Building Components) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Precast Concrete (Transportation Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Precast Concrete (Transportation Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Precast Concrete (Water and Waste Handling Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Precast Concrete (Water and Waste Handling Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Precast Concrete (Other Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Precast Concrete (Other Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Precast Concrete (Residential) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Precast Concrete (Residential) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Precast Concrete (Non-Residential) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Precast Concrete (Non-Residential) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: North America: Precast Concrete Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: North America: Precast Concrete Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: United States: Precast Concrete Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: United States: Precast Concrete Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Canada: Precast Concrete Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Canada: Precast Concrete Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Asia-Pacific: Precast Concrete Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Asia-Pacific: Precast Concrete Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: China: Precast Concrete Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: China: Precast Concrete Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Japan: Precast Concrete Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Japan: Precast Concrete Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: India: Precast Concrete Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: India: Precast Concrete Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: South Korea: Precast Concrete Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: South Korea: Precast Concrete Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Australia: Precast Concrete Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Australia: Precast Concrete Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Indonesia: Precast Concrete Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Indonesia: Precast Concrete Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Others: Precast Concrete Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Others: Precast Concrete Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Europe: Precast Concrete Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Europe: Precast Concrete Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Germany: Precast Concrete Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Germany: Precast Concrete Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: France: Precast Concrete Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: France: Precast Concrete Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: United Kingdom: Precast Concrete Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: United Kingdom: Precast Concrete Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Italy: Precast Concrete Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Italy: Precast Concrete Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Spain: Precast Concrete Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Spain: Precast Concrete Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Russia: Precast Concrete Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Russia: Precast Concrete Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Others: Precast Concrete Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Others: Precast Concrete Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Latin America: Precast Concrete Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Latin America: Precast Concrete Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Brazil: Precast Concrete Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Brazil: Precast Concrete Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Mexico: Precast Concrete Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Mexico: Precast Concrete Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Others: Precast Concrete Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Others: Precast Concrete Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Middle East and Africa: Precast Concrete Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Middle East and Africa: Precast Concrete Market: Breakup by Country (in %), 2021
Figure 78: Middle East and Africa: Precast Concrete Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Global: Precast Concrete Industry: SWOT Analysis
Figure 80: Global: Precast Concrete Industry: Value Chain Analysis
Figure 81: Global: Precast Concrete Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Precast Concrete Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Precast Concrete Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Precast Concrete Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 4: Global: Precast Concrete Market Forecast: Breakup by End Use (in Million US$), 2022-2027
Table 5: Global: Precast Concrete Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Precast Concrete Market: Competitive Structure
Table 7: Global: Precast Concrete Market: Key Players

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