Precast Concrete Manufacturing in Canada
Operators in the Precast Concrete Manufacturing industry in Canada design and manufacture products such as tiles, slabs, panels, culverts, manholes, beams and trusses. Volatile construction activity over the past five years has limited consistent demand for industry products. Construction markets often turn to operators that can deliver concrete products rapidly and on tight project deadlines. In addition, markets often require the product to be customized in strength, durability and shape. As a result, the majority of operators are located near key construction markets, keeping the industry relatively fragmented. Moving forward, IBISWorld expects construction markets in Canada to improve slowly but tenuously.
Operators in this industry manufacture precast and prestressed concrete products for use in various construction markets. Industry products include precast concrete slabs and panels, building boards, roofing tiles, railroad ties, posts and poles, as well as prestressed bridge beams and trusses. The production of concrete blocks, bricks and pipes are excluded from this industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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