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Precast Concrete Market Demand Analysis by Share, Trends and Forecast 2026 | SKANSKA AB, Coltman Precast Concrete Limited, Jensen Precast

03-19-2020 09:04 AM CET | Industry, Real Estate & Construction

Press release from: Reports And Data

Precast Concrete Market

Precast Concrete Market

The Precast Concrete market is heavily consolidated owing to a large number of global, regional, and local key contenders having already established a significant footing. The key participants dominate the operations in the industry with their extensive geographical coverage and huge production facilities.

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The global precast concrete market is forecast to reach USD 168.17 Billion by 2026, according to a new report by Reports and Data. The increasing residential construction activities across the globe, coupled with the rising population, are propelling the growth of the market. Rapid urbanization and industrialization will also drive the demand for precast concrete during the forecast period.

Key participants include:
SKANSKA AB, Coltman Precast Concrete Limited, Jensen Precast, Tindall Corporation, Molin Concrete Products Company, Inc., Taiheiyo Cement, Coreslab Structures, Heidelberg Cement AG, CRH, Larsen & Toubro Limited, SMEET, and Metromont Corporation, among others.

Product Type Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026)
Floors & Roofs
Walls & Barriers
Columns & Beams
Pipes
Paving Slabs
Others

Construction type Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026)
Elemental Construction
Permanent Modular Buildings
Re-Locatable Buildings

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Application Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026)
Structural Building Components
Water & Waste Handling Products
Transportation Products
Architectural Building Component
Others

End-User Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026)
Industrial
Commercial
Residential

Regional Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026)
North America
Europe
Asia Pacific
MEA

Major selling points of this research report:
-Gives the reader a holistic comprehension of the global market.
-Identifies the recent trends and estimated growth rate for the forecast duration.
-Helps industry experts, investors, and other participants implement lucrative expansion approaches.
-Provides accurate market insights to take informed decisions through presentations and other tools.
-Outlines the competitive landscapes with the individual market share of top vendors.

Further key findings from the report suggest:
o Among the construction types, elemental construction is anticipated to witness the fastest growth of 6.6% during the forecast period. The elemental construction include a diverse range of completed projects for commercial and residential applications and their renovations.
o The precast concrete waste and water handling products account for the largest market share of ~24% in the year 2018. Water and waste handling products produced from precast concrete include manholes, septic tanks, water & sewer system components, hazardous material containers, grease interceptors, and other products.
o The demand for the products in the residential market will be a crucial driver of the waste and water handling products segment's growth, as advances in housing starts and manufactured housing placements boost septic tank demand. In the non-building sector, increase in water and sewer construction spending will spur demand for water & sewer system components, manholes, and other products.

To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/precast-concrete-market

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