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What are the different trends in Precast Concrete Market to boost its growth? Larsen & Toubro Limited, Kiewit Corporation, Bouygues Construction, Taisei Corporation, Boral Limited, Olson Precast Company, Gulf Precast Concrete

06-19-2019 06:45 AM CET | Industry, Real Estate & Construction

Press release from: marketstudyreport.com

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Precast Concrete Market Size

Precast Concrete Market Size

Market Study Report LLC recently added a new title on 2019-2026 Global Precast Concrete Market Report from its database. The report provides study with in-depth overview, describing about the Product, Industry Scope and elaborates market outlook and status to 2026.

A significant increase in disposable income, and construction & renovation of residential buildings drive the market growth. Increasing population, growing urbanization, and industrialization has increased the demand for precast concrete across the globe. The increasing need to reduce building time and costs, and growing demand for offsite construction supports the market growth. Other driving factors include safer construction sites, improved durability and load capacity offered by precast concrete, and development of public infrastructure. The increasing investments by governments for enhancing public infrastructure, and government premises further support market growth. Increasing demand in developing nations, and growth in global construction industry is expected provide numerous growth opportunities in the global market during the forecast period.

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The global precast concrete market size is anticipated to reach USD 149.1 billion by 2026 growing at a CAGR of 6.6% during the forecast period, according to a new study. The report Precast Concrete Market Share, Size, Trends, & Industry Analysis Report, By Element (Walls & Barriers, Columns & Beams, Floors & Roofs, Paving Slabs); By Application; By End-User; By Region]: Segment Forecast, 2019 - 2026 provides an extensive analysis of present market dynamics and predicted future trends. In 2018, the non-residential segment dominated the global precast concrete industry, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue during the forecast period.

Improvement in lifestyle due to rise in income level, especially in the developing countries of Asia-Pacific, such as India, China, and Japan, fuels the demand for precast concrete. Enhancement of public infrastructure such as parks, museums, and other structures by governments, along with growth in construction in urban areas would support the growth in the coming years.

Asia-Pacific generated the highest revenue in the market in 2018, and is expected to lead the global market throughout the forecast period. The growing construction sector and increasing disposable income drives the market growth. The increasing trend of design and aesthetics, along with increasing government investments in development of infrastructure supports the market growth in the region.

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The well-known companies profiled in the report include Larsen & Toubro Limited, Kiewit Corporation, Bouygues Construction, Taisei Corporation, Julius Berger Nigeria PLC, Boral Limited, Forterra Pipe & Precast, LLC., Olson Precast Company, Gulf Precast Concrete Co. LLC, and Tindall Corporation. These companies are consistently launching new products to enhance their offerings in the market. With the advancement of technologies, companies are innovating and introducing new customized products to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base.

Table of Content:

Table of Contents

1. Overview and Scope

1.1. Research goal & scope

1.2. Research assumptions

1.3. Research Methodology

1.3.1. Primary data sources

1.3.2. Secondary data sources

1.4. Key take-away

1.5. Stakeholders

2. Executive Summary

2.1. Market Definition

2.2. Market Segmentation

3. Precast Concrete Market Insights

3.1. Precast Concrete Industry snapshot

3.2. Precast Concrete - Ecosystem analysis

3.3. Precast Concrete Market Dynamics

3.3.1. Precast Concrete Market Forces

3.3.1.1. Precast Concrete Market Driver Analysis

3.3.1.2. Precast Concrete Market
Restraint/Challenges analysis

3.3.1.3. Precast Concrete Market Opportunity Analysis

3.4. Industry analysis - Porter's five force

3.4.1. Bargaining power of supplier

3.4.2. Bargaining power of buyer

3.4.3. Threat of substitute

3.4.4. Threat of new entrant

3.4.5. Degree of competition

3.5. Precast Concrete Market PEST Analysis, 2018

3.6. Precast Concrete Market Value Chain Analysis

3.7. Precast Concrete Industry Trends

3.8. Competitive Ranking Analysis

4. Precast Concrete Market Size and Forecast, 2018-2026 by Element

4.1. Key Findings

4.2. Walls & Barriers

4.3. Columns & Beams

4.4. Floors & Roofs

4.5. Paving Slabs

4.6. Others

5. Precast Concrete Market Size and Forecast, 2018-
2026 by Application

5.1. Key Findings

5.2. Structural Buildings

5.3. Architectural Buildings

5.4. Water and Waste Handling

5.5. Transportation

5.6. Others

6. Precast Concrete Market Size and Forecast, 2018-2026 by End-User

6.1. Key Findings

6.2. Residential

6.3. Non-Residential

7. Precast Concrete Market Size and Forecast, 2018-2026 by Region

7.1. Key Findings

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Related Report:

Asia Pacific Precast Concrete Market Report (2014-2024) - Market Size, Share, Price, Trend and Forecast

The Asia Pacific Precast Concrete market size is $XX million USD in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million USD by the end of 2024 with a CAGR of XX% from 2019 to 2024.

This report is an essential reference for who looks for detailed information on Asia Pacific Precast Concrete market. The report covers data on Asia Pacific markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Asia Pacific major vendors?? information. In addition to the data part, the report also provides overview of Precast Concrete market, including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.

https://www.marketstudyreport.com/reports/asia-pacific-precast-concrete-market-report-2014-2024-market-size-share-price-trend-and-forecast?utm_source=RR-SP

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