Precast Concrete Construction Market Poised to Grow at a CAGR of 5.2% by 2024

Precast Concrete Construction Market Poised to Grow at a CAGR of 5.2% by 2024


Infinium Global Research has added a new report on Precast Concrete Construction Market. The report presents analysis of global as well as regional markets of precast concrete construction market over the period of 2016 to 2024. The rapidly growing urbanization led to the huge number of new construction projects especially in the residential and building applications drives the growth of precast concrete market worldwide. The various developed and the developing countries are focusing on the infrastructure developments that are likely to escalate the growth of precast concrete construction market. In addition, the factors such as rapidly growing construction industry, increasing technological advancements in the construction sectors and the advantages provided by the precast concrete such as reduced time and cost, easy installations are contributing in the growth of the precast concrete market. However, the economic slowdown and lack of trained experts are hampering the growth of the precast concrete market. Moreover, rapidly growing investments in the construction and building industry and rising demand of housing and the residential buildings in the merging regions are projected to create the several opportunities for the precast concrete construction market over the forecast period.

 

Among the regions, Asia Pacific is the largest and the fastest growing region in the precast concrete construction market. The growing population in this region create the huge demand of housing that drives the growth of precast concrete construction market in the Asia Pacific region. Furthermore, the growing industrialization, urbanization, and growing purchasing power parity are anticipated to boost the growth of the precast concrete market in the Asia Pacific region. Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global precast concrete construction market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.

 

Get 15% discount for early purchase of global precast concrete construction market report by clicking the following link, Use code IGRD15 to request the discount in the given form

 

https://www.infiniumglobalresearch.com/reports/request-discount/1547

 

The recent report identified that Asia Pacific dominated the global precast concrete construction market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the precast concrete construction market worldwide.

 

The report segments the global precast concrete construction market on the basis of Structures and Applications.

 

Global Precast Concrete Construction Market by Structures

·         Frame System

·         Wall System

·         Beam and Column System

·         Floor and Roof System

 

Global Precast Concrete Construction Market by Applications

·         Building Application

o    Residential

o    Non-residential

·         Civil Applications

o    Transportation

o    Hydraulic

o    Power Plants

o    Others

Companies Profiled in the Report

·         Lafarge Holcim Limited

·         China National Building Material Company Limited

·         L&T Construction

·         Coltman Precast Concrete Limited

·         Bison Manufacturing Limited

·         Elematic Oyj

·         CRH Plc.

·         Taisei Corporation

·         Weckenmann Anlagentechnik GmbH

·         Others

 

About Infinium Global Research

Infinium Global Research is a business intelligence company that provides its clients with market information services, solutions, and reports. The intelligence reports include qualitative as well as quantitative information, which are blended using forecasting models in order to project future market demand. Our panels of Subject Matter Experts (SMEs), Analysts, and Consultants use numerous data gathering tools in order to provide you with detailed information on the market as well as a preview of its projected growth. Our repository includes the largest and most credible databases, through which we determine various qualitative and quantitative parameters of the market to provide you with an in-depth business intelligence report.

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