Precast Concrete Manufacturing in the US
The Precast Concrete Manufacturing industry supplies US building and infrastructure construction markets with precast and prestressed concrete products. These products range from slabs and roof tiles for houses to beams and trusses for bridges and highways. This industry is heavily shaped by the level of overall construction activity in the United States, as the vast majority of industry revenue comes from various construction markets. As the value of construction has increased during the period, industry revenue has increased in turn. Economic growth has improved business confidence and driven the growth of commercial and industrial construction activity, while simultaneously expanding the tax-based funding available for mass transit and other infrastructure projects. Over the five years to 2024, industry revenue is projected to grow.
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.
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