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. Industry products are either precast using a standard mould or prestressed under the pressure of steel rods and are used in construction projects. Public utilities, energy, mining and transportation infrastructure construction generate the majority of demand for precast and prestressed concrete, followed by residential and commercial building construction. The industry has experienced a boost from exports, although these have traditionally been a minor share of industry revenue. A significant depreciation in the domestic dollar resulted in the value of exports almost doubling, causing exports as a share of revenue to rise. With an improving economy and rising corporate profit levels, this will stimulate private expenditure, and the value of nonresidential construction is forecast to return to over the five years to 2024.
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, in addition to 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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