Precast Concrete Manufacturing in the US - Industry Market Research Report
Description
Precast Concrete Manufacturing in the US - Industry Market Research Report
Precast Concrete Manufacturing in the US
The industry supplies US building and infrastructure construction markets with one of the most ubiquitous inputs for large-scale construction projects. Products made by manufacturers range from slabs and roof tiles for apartments to beams and trusses for bridges and highways. Manufacturers also produce precast manholes, water retention structures and catch basins for water infrastructure and concrete panels, posts and poles to erect electrical distribution facilities. This industry is heavily influenced by overall construction activity in the United States, as most industry revenue comes from various construction markets. Residential and infrastructure construction specifically were responsible for stable revenue flows during the challenges of the pandemic while other industries struggled. The industry has declined at a CAGR of 0.4% to $16.3 billion through 2023, including an increase of 3.1% in 2023 alone.
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.
Precast Concrete Manufacturing in the US
The industry supplies US building and infrastructure construction markets with one of the most ubiquitous inputs for large-scale construction projects. Products made by manufacturers range from slabs and roof tiles for apartments to beams and trusses for bridges and highways. Manufacturers also produce precast manholes, water retention structures and catch basins for water infrastructure and concrete panels, posts and poles to erect electrical distribution facilities. This industry is heavily influenced by overall construction activity in the United States, as most industry revenue comes from various construction markets. Residential and infrastructure construction specifically were responsible for stable revenue flows during the challenges of the pandemic while other industries struggled. The industry has declined at a CAGR of 0.4% to $16.3 billion through 2023, including an increase of 3.1% in 2023 alone.
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.
Table of Contents
51 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
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