While demand dwindled due to weak downstream markets during the recession, revenue for the Precast Concrete Manufacturing industry is set to rise again as construction projects resume. In the five years to 2021, continued recovery in residential and nonresidential construction will support industry demand. Moreover, the value of construction for highways, bridges and other transportation infrastructure is expected to expand, underpinned by the federal stimulus package.
This industry manufactures 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, poles, prestressed bridge beams and trusses. The production of concrete blocks, bricks and pipes is excluded from this industry. The production of ready-mix concrete is also 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.