What's driving the Precast Concrete Market Share? 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

Market Study Report Has Added A New Report On Precast Concrete Market That Provides A Comprehensive Review Of This Industry With Respect To The Driving Forces Influencing The Market Size. Comprising The Current And Future Trends Defining The Dynamics Of This Industry Vertical, This Report Also Incorporates The Regional Landscape Of Precast Concrete Market In Tandem With Its Competitive Terrain.

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 published by The marker research report.

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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.

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.

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.

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.

The marker research report has segmented the global precast concrete market on the basis of element, application, and end user and region:

Precast Concrete Element Outlook (Revenue, USD Billion, 2015 - 2026)

Walls & Barriers

Columns & Beams

Floors & Roofs

Paving Slabs

Others

Precast Concrete Application Outlook (Revenue, USD Billion, 2015 - 2026)

Structural Buildings

Architectural Buildings

Water and Waste Handling

Transportation

Others

Precast Concrete End-User Outlook (Revenue, USD Billion, 2015 - 2026)

Residential

Non-Residential

Precast Concrete Regional Outlook (Revenue, USD Billion, 2015 - 2026)

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Table of Contents

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

Executive Summary
2.1. Market Definition

2.2. Market Segmentation

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

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

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