Global Precast Construction Market Growth 2025-2031
Description
The global Precast Construction market size is predicted to grow from US$ 13840 million in 2025 to US$ 18740 million in 2031; it is expected to grow at a CAGR of 5.2% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Precast construction is a type of construction, wherein pre cast (any material that is in its final shape before being positioned at its original location) construction structures are used. Concrete, and steel in some cases, is generally used in precast construction. These structures are manufactured beforehand in a plant, which is located away from the actual construction site. These precast construction components are then transported and later assembled mechanically with the help of anchor bolts at the actual construction site. High early strength cement is cured with the help of steam curing and casts can be formed within a duration of 24 hours. Buildings can be constructed faster and at a much cheaper rates through precast construction. Components used for precast construction are generally standardized. This helps in providing better quality to structures as compared to site-cast concrete, as they are manufactured in a controlled condition. Precast construction components are more durable and hence can also be reused later. Controlled conditions while manufacturing precast allows better control of surface finishes. Compared to site-cast, precast construction components can be erected faster and are affected less by adverse weather conditions, making it comparatively safer.
Precast components in construction are used for residential as well as nonresidential complexes. Among nonresidential complexes, these components are useful in the construction of stadiums, parking lots of shopping complexes, bridges, etc.
The use of precast construction components in the non-residential sector is expected to rise in the near future. The precast construction market is expected to expand at a rapid pace due to the increasing demand for new construction across the globe. During the recent times, there has been an increase in the investments in public and the private infrastructure sectors in major economies. This is expected to drive the market for precast construction in the next few years.
LP Information, Inc. (LPI) ' newest research report, the “Precast Construction Industry Forecast” looks at past sales and reviews total world Precast Construction sales in 2024, providing a comprehensive analysis by region and market sector of projected Precast Construction sales for 2025 through 2031. With Precast Construction sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Precast Construction industry.
This Insight Report provides a comprehensive analysis of the global Precast Construction landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Precast Construction portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Precast Construction market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Precast Construction and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Precast Construction.
This report presents a comprehensive overview, market shares, and growth opportunities of Precast Construction market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Floors & Roofs
Walls & Barriers
Columns & Beams
Utility Vaults
Girders
Pipes
Paving slabs
Segmentation by Application:
Non-residential
Residential
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
ACS Group
Bechtel
CSCEC
Larsen & Toubro (L&T)
VINCI
Balfour Beatty
Bouygues Construction
Daiwa House Group
Granite Construction
Kiewitas
Red Sea Housing
Skanska
TAISEI
Key Questions Addressed in this Report
What is the 10-year outlook for the global Precast Construction market?
What factors are driving Precast Construction market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Precast Construction market opportunities vary by end market size?
How does Precast Construction break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Precast construction is a type of construction, wherein pre cast (any material that is in its final shape before being positioned at its original location) construction structures are used. Concrete, and steel in some cases, is generally used in precast construction. These structures are manufactured beforehand in a plant, which is located away from the actual construction site. These precast construction components are then transported and later assembled mechanically with the help of anchor bolts at the actual construction site. High early strength cement is cured with the help of steam curing and casts can be formed within a duration of 24 hours. Buildings can be constructed faster and at a much cheaper rates through precast construction. Components used for precast construction are generally standardized. This helps in providing better quality to structures as compared to site-cast concrete, as they are manufactured in a controlled condition. Precast construction components are more durable and hence can also be reused later. Controlled conditions while manufacturing precast allows better control of surface finishes. Compared to site-cast, precast construction components can be erected faster and are affected less by adverse weather conditions, making it comparatively safer.
Precast components in construction are used for residential as well as nonresidential complexes. Among nonresidential complexes, these components are useful in the construction of stadiums, parking lots of shopping complexes, bridges, etc.
The use of precast construction components in the non-residential sector is expected to rise in the near future. The precast construction market is expected to expand at a rapid pace due to the increasing demand for new construction across the globe. During the recent times, there has been an increase in the investments in public and the private infrastructure sectors in major economies. This is expected to drive the market for precast construction in the next few years.
LP Information, Inc. (LPI) ' newest research report, the “Precast Construction Industry Forecast” looks at past sales and reviews total world Precast Construction sales in 2024, providing a comprehensive analysis by region and market sector of projected Precast Construction sales for 2025 through 2031. With Precast Construction sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Precast Construction industry.
This Insight Report provides a comprehensive analysis of the global Precast Construction landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Precast Construction portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Precast Construction market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Precast Construction and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Precast Construction.
This report presents a comprehensive overview, market shares, and growth opportunities of Precast Construction market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Floors & Roofs
Walls & Barriers
Columns & Beams
Utility Vaults
Girders
Pipes
Paving slabs
Segmentation by Application:
Non-residential
Residential
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
ACS Group
Bechtel
CSCEC
Larsen & Toubro (L&T)
VINCI
Balfour Beatty
Bouygues Construction
Daiwa House Group
Granite Construction
Kiewitas
Red Sea Housing
Skanska
TAISEI
Key Questions Addressed in this Report
What is the 10-year outlook for the global Precast Construction market?
What factors are driving Precast Construction market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Precast Construction market opportunities vary by end market size?
How does Precast Construction break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
112 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Precast Construction by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Precast Construction by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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