DUBLIN--(BUSINESS WIRE)--The "Precast Concrete Market by Element (Columns & Beams, Floors & Roofs, Girders, Walls & Barriers, Utility Vaults), Construction Type (Elemental, Permanent Modular, Relocatable), End-use Sector (Residential, Non-residential) - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The precast concrete market size is projected to grow at a CAGR of 5.96% during the forecast period, that is, 2017 to 2022, and reach USD 138.96 billion by 2022.
The elemental construction segment dominated the precast concrete market in 2016 and is projected to be the fastest-growing segment during the forecast period. This growth can be attributed to factors such as keen interest from contractors and builders in using individual precast modules to build an entire structure across residential and non-residential construction sectors and increase in public and private investment in global infrastructural development, especially in the emerging economies of Asia Pacific and South America.
The Asia Pacific market is projected to be the fastest-growing market during the forecast period. The major factor driving the growth of the market is the large-scale government investments in the infrastructure sector in this region. Additionally, the increasing population and rising incomes are driving the per capita spending on construction. The markets of China and India are projected to be lucrative due to their ongoing and upcoming infrastructural construction projects as well as rising consumer spending on construction sectors.
- Atco Group
- Balfour Beatty PLC
- Bouygues Construction
- CRH PLC
- Cemex S.A.B. De C.V.
- Coltman Precast Concrete Ltd.
- Coreslab Structures
- Julius Berger Nigeria PLC
- KEF Infrastructure India Pvt. Ltd.
- Kiewit Corporation
- Komatsu Ltd.
- Laing O'Rourke
- Larsen & Toubro Limited
- Metromont Corporation
- Modular Space Corporation
- Nanaimo Precast
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Precast Concrete Market, By Element
8 Precast Concrete Market, By Construction Type
9 Precast Concrete Market, By End-Use Sector
10 Precast Concrete Market, By Region
11 Competitive Landscape
12 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/gj97fx/global_precast?w=4