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What Is The Leading Driver Behind Booming Construction Industry Fueling The Growth Of The Market Due To Rapid Urbanization And Increasing Infrastructure Development Market Expansion in 2025
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Will the Dry-Cast Concrete Industry Market Size Be by 2025?
The market for dry-cast concrete has seen robust expansion recently, projected to increase from a value of $10.65 billion in 2024 to $11.37 billion the following year, reflecting a compound annual growth rate of 6.8%. This upward trajectory in the past period is linked to factors such as swift urbanization and metropolitan sprawl, increased investment in infrastructure projects, substantial requirements for cost-effective and housing unites, the proliferation of prefabricated and modular building techniques, and the imperative for accelerated project completion timelines.
What's the Long-Term Growth Forecast for the Dry-Cast Concrete Market Size Through 2029?
Anticipating substantial expansion, the market volume for dry-cast concrete is projected to reach $14.57 billion come 2029, achieving a compound annual growth rate (CAGR) of 6.4%; this forward movement is powered by the vigorous expansion of the construction sector, a significant rise in the development of warehousing and e-commerce infrastructure, escalating commitments to roadway and highway upkeep initiatives, broader application within utility and civil engineering projects, alongside a consumer leaning towards aesthetically varied or tinted surface treatments. Key developments influencing this market through the projection timeframe encompass the adoption of Building Information Modeling (BIM) and digital planning processes, the provision of financial backing and incentives for significant public construction undertakings, an increase in capital flowing from private enterprises, a rising need for building materials requiring minimal upkeep, and the incorporated use of performance-enhancing admixtures and supplementary cementitious components.
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What Are the Key Growth Drivers Fueling the Dry-Cast Concrete Market Expansion?
The vigorous expansion within the building sector is anticipated to be the primary catalyst fueling the progression of the dry-cast concrete market into the future. This construction realm, encompassing the conception, putting together, and maturation of structures and vital facilities via meticulously synchronized strategy, blueprints, and implementation, is experiencing an upswing fundamentally driven by swift urbanization, which consequently heightens the need for fresh residential properties, essential services, and business complexes to serve expanding metropolitan areas. Dry-cast concrete proves advantageous to this industry through its capacity to enable quicker fabrication and prompt demolding, thereby facilitating accelerated project timelines and an uplift in overall operational efficiency; for illustrative context, data from the Census Bureau, a governmental entity in the United States, indicated that in July 2025, provisional public construction expenditures achieved a seasonally adjusted annualized pace approximating $515.8 billion, reflecting a modest rise of 0.3% (with a margin of error of plus or minus 1.6%) compared to the adjusted June total of $514.3 billion, thereby solidifying the link between the thriving construction landscape and the forward momentum of the dry-cast concrete market.
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What Are the Key Trends Driving Dry-Cast Concrete Market Growth?
Key players within the dry-cast concrete sector are concentrating efforts on boosting production capabilities through the erec*tio*n of new plants in response to escalating market requirements. A facility represents a specific location or building erec*ted to facilitate a particular operation or provision of services.Illustratively, during March of 2025, Northwest Pipe Company, an American producer specializing in concrete conduit items, inaugurated a sophisticated, automated dry-cast facility situated in Salt Lake City, Utah.This installation inhabits a recently erec*ted 41,000 square foot footprint at Geneva Pipe and Precast, engineered to incorporate high-level automation features.It comprises Schlüsselbauer Technology's Exact 2500 system, enabling comprehensive, highly accurate automated dry-cast concrete manufacturing processes.Furthermore, the incorporation of an MBK Cage Welding Machine, an Advanced Concrete Technologies Batch Plant, and a Transexact automated gantry crane collectively guarantees a streamlined and exceptionally productive manufacturing workflow.
How Is the Dry-Cast Concrete Market Segmented?
The dry-cast concretemarket covered in this report is segmented -
1) By Product Type: Blocks, Pavers, Pipes, Manholes, Other Product Types
2) By Distribution Channel: Direct Sales, Distributors, Online Sales
3) By Application: Residential, Commercial, Industrial, Infrastructure
4) By End-User: Construction, Utilities, Transportation, Other End-Users
Subsegments:
1) By Blocks: Hollow Blocks, Solid Blocks, Retaining Wall Blocks, Decorative Blocks, Foundation Blocks
2) By Pavers: Interlocking Pavers, Permeable Pavers, Decorative Pavers, Driveway Pavers, Walkway Pavers
3) By Pipes: Stormwater Pipes, Sewer Pipes, Culvert Pipes, Drainage Pipes, Pressure Pipes
4) By Manholes: Stormwater Manholes, Sewer Manholes, Utility Manholes, Access Chambers, Catch Basins
5) By Other Product Types: Curbs, Steps, Barriers, Utility Vaults, Channel Units
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Which Companies Are Leading the Charge in Dry-Cast Concrete Market Innovation?
Major companies operating in the dry-cast concrete market are Aditya Birla Group, China National Building Material Company Limited (CNBM), CRH Plc, CEMEX S.A.B. de C.V., Sika AG, UltraTech Cement Ltd., Martin Marietta Materials Inc., Taiheiyo Cement Corporation, Fletcher Building Limited, Vicat Group, Votorantim Cimentos, Boral Limited, Italcementi Group, Forterra Plc, Buzzi Unicem SpA, Basalite Building Products LLC, Mutual Materials Co., Shandong Shanshui Cement Group, HeidelbergCement AG, Lafarge Holcim, and Oldcastle Precast Inc.
Which Regions Are Leading the Global Dry-Cast Concrete Market in Revenue?
Asia-Pacific was the largest region in the dry-cast concrete market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the dry-cast concrete market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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