Precast Concrete Market by Element (Columns & Beams, Floors & Roofs, Girders, Walls & Barriers, Utility Vaults, Pipes, Paving Slabs), Construction Type, End-use Sector (Residential, Non-residential) and Region - Global Forecast to 2027

Abstract
The global precast concrete market size is projected to grow from USD 144.6 billion in 2022 to USD 198.9 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 6.6%. The production of precast concrete elements is done in controlled conditions in enclosed factories. This means that tolerances can be accurately controlled, waste can be minimised, and that a denser, stronger and better quality concrete can be produced. Apart from quality and precision, the manpower requirements are reduced tremendously. The actual construction of the buildings on site is executed in a much shorter space of time compared to in-situ constructions. This is environmentally friendly and reduces noise and dust pollution.

“Relocatable buildings segment to be the third largest segment from 2022 to 2027, for precast concrete.”

Relocatable buildings such as manufactured homes are prefabricated and produced in factories and transported to the site. Unlike permanent modular constructions, relocatable buildings are assembled into the final structure of a building in the factory or the site of manufacture. The entire structure is attached to a permanent wheeled chassis, through which the building is transported to the site of living towed by a truck, upon the completion of the structure. This type of building is perfect for temporary living and site offices.

“Wet concrete to dominate the precast concrete market through the forecast period.”

Wet cast concrete is a flowable form of concrete that may be poured from a mixer, hopper, or truck. Wet cast concrete is often used in the precast industry, where it is cast in forms and stripped, finished, and marked before shipping. Wet cast is often used for larger pieces that are more complex and need flowability in the concrete to consolidate around reinforcement and throughout the form. In a wet-mix application, all materials, including cement, aggregate, admixture, and water, are mixed before being pumped through a hose and pneumatically projected. Typically, a concrete truck supplies the wet mix and is pumped through a shotcrete rig for placement. Generally, the wet mix is used for large volume placements with easy access for construction vehicles.

“Architectural building componnets to be the second fastes growing market for precast concrete through the forecast period.”

Architects have chosen precast concrete architectural facades for more than half a century because they offer exceptional esthetic, structural versatility, speed of enclosure, and durability. No other material combines the range of shapes, colors, textures, fire resistance, acoustical insulation, weather tightness, long-term durability, low maintenance care, and rapid enclosure. Precast wall panels include weather-tight enclosures for maximum protection against mold and mildew, and their superior structural strength makes them highly impact- and blast-resistant for maximum security. The durability of wall panel systems makes them ideal for meeting long-term construction needs.

“Europe to be the second largest market for precast concrete.”

Europe is the second-largest market for precast concrete in the world. The market in the region has been studied for Germany, the UK, France, Russia, Italy, and the Rest of Europe (Belgium, Greece, the Netherlands, Romania, Poland, Spain, and Switzerland). Europe is a well-established market for precast concrete. Government regulations, high disposable income, and changing lifestyle of the consumers are some significant factors contributing to the high demand for precast concretes.

Construction is one of the largest and most important sectors in the region, and is highly fragmented and consists of a significant number of large, medium, and small-sized concrete companies. The region’s construction industry has adopted mergers & acquisitions and expansions as strategies to sustain the growing demand and competition. Due to technological developments in Germany, the precast concrete market in this country is projected to grow at a higher rate than in other European countries.

This study has been validated through primaries conducted with various industry experts worldwide. These primary sources have been divided into 3 categories, namely by company, by designation, and by region.

•By Department- Sales/Marketing – 62.1%, Production – 25.6%, R&D – 12.3%
•By Designation- Managers – 54.9%, CXOs – 15.5%, Executives– 29.7%
•By Region- North America- 18%, Europe- 14%, Asia Pacific- 42%, Middle East & Africa – 22% and South America - 4%
The precast concrete market comprises major solution providers, Cemex S.A.B. de C.V. (Mexico), LafargeHolcim Ltd (Switzerland), Skanska AB (Sweden), CRH Plc (Ireland), Balfour Beatty Plc (UK), Boral Limited (Australia) among others. The study includes an in-depth competitive analysis of these key players in the precast concrete market, with their company profiles, and key market strategies.

esearch Coverage:
The report covers the precast concrete market based on Element ( Columns & beams, Floors & roofs, Girders, Walls & barriers, Utility vaults, Pipes, Paving slabs and Others), Construction Type (Elemental constructions, Permanent modular building and Relocatable buildings), Type (Dry/semi-dry concrete and Wet concrete), End-use industry (Residential and Non-residential), Application (Structural building components, Architectural building components, Transportation products, Waste & waste handling products and Others) and Region. The report also provides a comprehensive review of market drivers, restraints, opportunities, and challenges in the precast concrete market. The report also covers qualitative aspects in addition to the quantitative aspects of these markets.

Key Benefits of Buying the Report:
The report will help the leaders/new entrants in this market with information on the closest
approximations of the revenue numbers for the overall market and the sub-segments. This report will
help stakeholders understand the competitive landscape and gain more insights to better position
their businesses and plan suitable go-to-market.

Content
Table of contents

1INTRODUCTION52
1.1STUDY OBJECTIVES52
1.2MARKET DEFINITION52
1.3INCLUSIONS AND EXCLUSIONS53
TABLE 1INCLUSIONS AND EXCLUSIONS53
1.4STUDY SCOPE54
FIGURE 1PRECAST CONCRETE MARKET SEGMENTATION54
1.4.1YEARS CONSIDERED55
1.4.2REGIONAL SCOPE55
1.5CURRENCY CONSIDERED56
1.6UNIT CONSIDERED56
1.7STAKEHOLDERS56
1.8LIMITATIONS56
2RESEARCH METHODOLOGY57
2.1RESEARCH DATA57
FIGURE 2PRECAST CONCRETE MARKET: RESEARCH DESIGN57
2.1.1SECONDARY DATA58
2.1.1.1Key data from secondary sources58
2.1.2PRIMARY DATA58
2.1.2.1Key data from primary sources59
2.2MARKET SIZE ESTIMATION59
FIGURE 3APPROACH 1: BOTTOM-UP60
FIGURE 4APPROACH 2: BASED ON COUNTRY-LEVEL DATA61
2.3DATA TRIANGULATION62
FIGURE 5PRECAST CONCRETE MARKET: DATA TRIANGULATION62
2.3.1KEY MARKET INSIGHTS63
FIGURE 6LIST OF STAKEHOLDERS AND BREAKDOWN OF PRIMARY INTERVIEWS64
2.4RESEARCH ASSUMPTIONS & LIMITATIONS64
FIGURE 7ASSUMPTIONS64
FIGURE 8LIMITATIONS65
2.5GROWTH RATE ASSUMPTIONS/GROWTH FORECASTS65
FIGURE 9MARKET GROWTH PROJECTIONS FROM GROWTH DRIVERS AND OPP0RTUNITIES66
3EXECUTIVE SUMMARY67
FIGURE 10COLUMNS & BEAMS SEGMENT TO DOMINATE PRECAST CONCRETE MARKET BY 202768
FIGURE 11ELEMENTAL CONSTRUCTIONS TO BE LARGEST SEGMENT OF PRECAST CONCRETE MARKET68
FIGURE 12NON-RESIDENTIAL SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD69
FIGURE 13WET CONCRETE TO DOMINATE PRECAST CONCRETE MARKET DURING FORECAST PERIOD69
FIGURE 14STRUCTURAL BUILDING COMPONENTS TO GROW AT HIGHEST CAGR IN PRECAST CONCRETE MARKET70
FIGURE 15ASIA PACIFIC LED PRECAST CONCRETE MARKET IN 202171
4PREMIUM INSIGHTS72
4.1EMERGING ECONOMIES TO WITNESS HIGHER DEMAND FOR PRECAST CONCRETE72
FIGURE 16ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN PRECAST CONCRETE MARKET72
4.2ASIA PACIFIC: PRECAST CONCRETE MARKET, BY END-USE INDUSTRY AND COUNTRY72
FIGURE 17CHINA WAS LARGEST MARKET FOR PRECAST CONCRETE IN ASIA PACIFIC IN 202172
4.3PRECAST CONCRETE MARKET, BY ELEMENT73
FIGURE 18UTILITY VAULTS TO LEAD PRECAST CONCRETE MARKET DURING FORECAST PERIOD73
4.4PRECAST CONCRETE MARKET, BY CONSTRUCTION TYPE73
FIGURE 19RELOCATABLE BUILDINGS SEGMENT TO BE LARGEST PRECAST CONCRETE MARKET BY 202773
4.5PRECAST CONCRETE MARKET, BY END-USE INDUSTRY74
FIGURE 20NON-RESIDENTIAL SEGMENT TO LEAD PRECAST CONCRETE MARKET74
4.6PRECAST CONCRETE MARKET, BY TYPE74
FIGURE 21WET CONCRETE SEGMENT TO LEAD PRECAST CONCRETE MARKET74
4.7PRECAST CONCRETE MARKET, BY APPLICATION75
FIGURE 22STRUCTURAL BUILDING COMPONENTS SEGMENT TO GROW AT HIGHEST RATE IN PRECAST CONCRETE MARKET75
4.8PRECAST CONCRETE MARKET, BY COUNTRY75
FIGURE 23CHINA TO RECORD HIGHEST CAGR FROM 2022 TO 202775
5MARKET OVERVIEW76
5.1INTRODUCTION76
5.2MARKET DYNAMICS76
FIGURE 24DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN PRECAST CONCRETE MARKET76
5.2.1DRIVERS77
5.2.1.1Concerns about work-zone safety and environmental impacts77
5.2.1.2Need for reduced construction time and cost-effective products77
5.2.1.3Ease of installation and relocation77
5.2.1.4Supportive government initiatives77
5.2.2RESTRAINTS78
5.2.2.1Volatility in raw material prices78
5.2.3OPPORTUNITIES78
5.2.3.1Population growth and rapid urbanization translating to large number of construction projects78
TABLE 2ASIA PACIFIC URBANIZATION TREND, 1990–205078
5.2.3.2Rise in renovation and remodeling activities globally79
5.2.4CHALLENGES79
5.2.4.1Volatility in transportation charges creating unpredictable business environments79
5.2.4.2Lack of awareness about precast concrete method80
6INDUSTRY TRENDS81
6.1INTRODUCTION81
6.2SUPPLY CHAIN ANALYSIS81
6.2.1PRODUCT DEVELOPMENT & DISTRIBUTION: INTEGRAL PART OF SUPPLY CHAIN82
FIGURE 25PRECAST CONCRETE SUPPLY CHAIN82
6.2.1.1Prominent companies82
6.2.1.2Small & medium-sized enterprises82
6.3PORTER’S FIVE FORCES ANALYSIS83
FIGURE 26PORTER’S FIVE FORCES ANALYSIS83
6.3.1THREAT OF NEW ENTRANTS83
6.3.2THREAT OF SUBSTITUTES84
6.3.3BARGAINING POWER OF SUPPLIERS84
6.3.4BARGAINING POWER OF BUYERS84
6.3.5INTENSITY OF COMPETITIVE RIVALRY85
6.4ECOSYSTEM MAPPING86
6.5TECHNOLOGY ANALYSIS86
6.5.1ULTRA HIGH-PERFORMANCE CONCRETE (UHPC)86
6.6REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS87
TABLE 3LIST OF CEMENT AND CONCRETE STANDARDS DEVELOPED BY ASTM INTERNATIONAL87
TABLE 4OSHA (OCCUPATIONAL SAFETY AND HEALTH ADMINISTRATION) STANDARDS FOR CEMENT AND CONCRETE88
6.7PRICING ANALYSIS89
TABLE 5PRECAST CONCRETE, AVERAGE PRICE89
6.7.1AVERAGE SELLING PRICES OF KEY PLAYERS, BY END-USE INDUSTRY90
FIGURE 27AVERAGE SELLING PRICES OF KEY PLAYERS FOR END-USE INDUSTRIES90
TABLE 6AVERAGE SELLING PRICES OF KEY PLAYERS FOR END-USE INDUSTRIES (USD)90
6.8CASE STUDY ANALYSIS90
TABLE 7PRECAST SOLUTION FOR BRESSI RANCH90
TABLE 8PRECAST SOLUTION FOR RUNOFF PROBLEM91
TABLE 9PRECAST SOLUTION FOR ENGLISH NATIONAL BALLET, LONDON91
6.9TRADE ANALYSIS92
TABLE 10CEMENT EXPORTS (BY COUNTRY) IN 202192
TABLE 11CEMENT IMPORTS (BY COUNTRY) IN 202193
6.10TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESS93
FIGURE 28YC-YCC DRIVERS94
6.11TARIFF AND REGULATORY LANDSCAPE95
6.12KEY CONFERENCES & EVENTS IN 2022–202396
TABLE 12PRECAST CONCRETE MARKET: DETAILED LIST OF CONFERENCES & EVENTS96
6.13KEY STAKEHOLDERS & BUYING CRITERIA97
6.13.1KEY STAKEHOLDERS IN BUYING PROCESS97
FIGURE 29INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS97
TABLE 13INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR END-USE INDUSTRIES (%)97
6.13.2BUYING CRITERIA98
FIGURE 30KEY BUYING CRITERIA FOR RESIDENTIAL AND NON-RESIDENTIAL END-USE INDUSTRIES98
TABLE 14KEY BUYING CRITERIA FOR PRECAST CONCRETE IN END-USE INDUSTRIES98
6.14PRECAST CONCRETE MARKET PATENT ANALYSIS99
6.14.1METHODOLOGY99
6.14.2DOCUMENT TYPE99
TABLE 15TOTAL NUMBER OF PATENTS FOR PRECAST CONCRETE MARKET99
FIGURE 31PRECAST CONCRETE MARKET: GRANTED PATENT, LIMITED PATENT, AND PATENT APPLICATION99
FIGURE 32PUBLICATION TRENDS - LAST 10 YEARS100
6.14.3INSIGHTS100
6.14.4LEGAL STATUS OF PATENTS100
FIGURE 33LEGAL STATUS OF PATENTS100
FIGURE 34JURISDICTION ANALYSIS101
6.14.5TOP COMPANIES/APPLICANTS101
FIGURE 35TOP APPLICANTS FOR PRECAST CONCRETE101
TABLE 16LIST OF PATENTS BY TAISEI CORP.102
TABLE 17PATENTS BY KH HOUSING SOLUTIONS CO., LTD.103
TABLE 18TOP 10 PATENT OWNERS (US) IN LAST 10 YEARS104
7COVID-19 IMPACT ON PRECAST CONCRETE MARKET105
7.1INTRODUCTION105
7.2COVID-19 IMPACT ON PRECAST CONCRETE MARKET105
7.2.1IMPACT ON PERMANENT MODULAR BUILDINGS AND RELOCATABLE BUILDINGS106
7.2.2IMPACT ON END-USE SECTORS106
8PRECAST CONCRETE MARKET, BY ELEMENT107
8.1INTRODUCTION108
FIGURE 36GIRDERS SEGMENT TO EXHIBIT HIGHEST GROWTH RATE DURING FORECAST PERIOD108
TABLE 19PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2017–2020 (USD MILLION)109
TABLE 20PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2017–2020 (MILLION SQUARE FEET)109
TABLE 21PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2021–2027 (USD MILLION)110
TABLE 22PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2021–2027 (MILLION SQUARE FEET)110
8.2COLUMNS & BEAMS110
8.3WALLS & BARRIERS111
8.4FLOORS & ROOFS111
8.5UTILITY VAULTS112
8.6GIRDERS112
8.7PIPES112
8.8PAVING SLABS112
8.9OTHERS112
9PRECAST CONCRETE MARKET, BY CONSTRUCTION TYPE113
9.1INTRODUCTION114
FIGURE 37ELEMENTAL CONSTRUCTIONS SEGMENT TO LEAD PRECAST CONCRETE MARKET BY 2027114
TABLE 23PRECAST CONCRETE MARKET SIZE, BY CONSTRUCTION TYPE, 2017–2020 (USD MILLION)114
TABLE 24PRECAST CONCRETE MARKET SIZE, BY CONSTRUCTION TYPE, 2017–2020 (MILLION SQUARE FEET)115
TABLE 25PRECAST CONCRETE MARKET SIZE, BY CONSTRUCTION TYPE, 2021–2027 (USD MILLION)115
TABLE 26PRECAST CONCRETE MARKET SIZE, BY CONSTRUCTION TYPE, 2021–2027 (MILLION SQUARE FEET)115
9.2ELEMENTAL CONSTRUCTIONS115
9.3PERMANENT MODULAR BUILDINGS116
9.4RELOCATABLE BUILDINGS116
10PRECAST CONCRETE MARKET, BY END-USE INDUSTRY117
10.1INTRODUCTION118
FIGURE 38NON-RESIDENTIAL TO REMAIN LARGER PRECAST CONCRETE MARKET UNTIL 2027118
TABLE 27PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)118
TABLE 28PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (MILLION SQUARE FEET)119
TABLE 29PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)119
TABLE 30PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (MILLION SQUARE FEET)119
10.2RESIDENTIAL119
10.3NON-RESIDENTIAL120
TABLE 31PRECAST CONCRETE MARKET SIZE, BY NON-RESIDENTIAL APPLICATION, 2017–2020 (USD MILLION)120
TABLE 32PRECAST CONCRETE MARKET SIZE, BY NON-RESIDENTIAL APPLICATION, 2017–2020 (MILLION SQUARE FEET)120
TABLE 33PRECAST CONCRETE MARKET SIZE, BY NON-RESIDENTIAL APPLICATION, 2021–2027 (USD MILLION)121
TABLE 34PRECAST CONCRETE MARKET SIZE, BY NON-RESIDENTIAL APPLICATION, 2021–2027 (MILLION SQUARE FEET)121
10.3.1TUNNELS121
10.3.2BRIDGES121
10.3.3WIND TOWERS122
10.3.4OTHERS122
11PRECAST CONCRETE MARKET, BY TYPE123
11.1INTRODUCTION124
FIGURE 39WET CONCRETE SEGMENT TO LEAD PRECAST CONCRETE MARKET BY 2027124
TABLE 35PRECAST CONCRETE MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION)124
TABLE 36PRECAST CONCRETE MARKET SIZE, BY TYPE, 2017–2020 (MILLION SQUARE FEET)124
TABLE 37PRECAST CONCRETE MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)125
TABLE 38PRECAST CONCRETE MARKET SIZE, BY TYPE, 2021–2027 (MILLION SQUARE FEET)125
11.2WET CONCRETE125
11.3DRY/SEMI-DRY CONCRETE125
12PRECAST CONCRETE MARKET, BY APPLICATION126
12.1INTRODUCTION127
FIGURE 40STRUCTURAL BUILDING COMPONENTS SEGMENT TO LEAD PRECAST CONCRETE MARKET BY 2027127
TABLE 39PRECAST CONCRETE MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)127
TABLE 40PRECAST CONCRETE MARKET SIZE, BY APPLICATION, 2017–2020 (MILLION SQUARE FEET)128
TABLE 41PRECAST CONCRETE MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION)128
TABLE 42PRECAST CONCRETE MARKET SIZE, BY APPLICATION, 2021–2027 (MILLION SQUARE FEET)128
12.2STRUCTURAL BUILDING COMPONENTS129
12.3ARCHITECTURAL BUILDING COMPONENTS129
12.4TRANSPORTATION PRODUCTS129
12.5WASTE & WASTE HANDLING PRODUCTS129
12.6OTHERS130
13PRECAST CONCRETE MARKET, BY REGION131
13.1INTRODUCTION132
FIGURE 41CHINA TO BE FASTEST-GROWING MARKET FROM 2022 TO 2027132
TABLE 43PRECAST CONCRETE MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)133
TABLE 44PRECAST CONCRETE MARKET SIZE, BY REGION, 2017–2020 (MILLION SQUARE FEET)133
TABLE 45PRECAST CONCRETE MARKET SIZE, BY REGION, 2021–2027 (USD MILLION)133
TABLE 46PRECAST CONCRETE MARKET SIZE, BY REGION, 2021–2027 (MILLION SQUARE FEET)134
13.2ASIA PACIFIC134
FIGURE 42ASIA PACIFIC: PRECAST CONCRETE MARKET SNAPSHOT135
TABLE 47ASIA PACIFIC: PRECAST CONCRETE MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION)136
TABLE 48ASIA PACIFIC: PRECAST CONCRETE MARKET SIZE, BY COUNTRY, 2017–2020 (MILLION SQUARE FEET)136
TABLE 49ASIA PACIFIC: PRECAST CONCRETE MARKET SIZE, BY COUNTRY, 2021–2027 (USD MILLION)136
TABLE 50ASIA PACIFIC: PRECAST CONCRETE MARKET SIZE, BY COUNTRY, 2021–2027 (MILLION SQUARE FEET)137
TABLE 51ASIA PACIFIC: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2017–2020 (USD MILLION)137
TABLE 52ASIA PACIFIC: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2017–2020 (MILLION SQUARE FEET)138
TABLE 53ASIA PACIFIC: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2021–2027 (USD MILLION)138
TABLE 54ASIA PACIFIC: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2021–2027 (MILLION SQUARE FEET)139
TABLE 55ASIA PACIFIC: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)139
TABLE 56ASIA PACIFIC: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (MILLION SQUARE FEET)139
TABLE 57ASIA PACIFIC: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)139
TABLE 58ASIA PACIFIC: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (MILLION SQUARE FEET)140
TABLE 59ASIA PACIFIC: PRECAST CONCRETE MARKET SIZE, BY NON-RESIDENTIAL APPLICATION, 2017–2020 (USD MILLION)140
TABLE 60ASIA PACIFIC: PRECAST CONCRETE MARKET SIZE, BY NON-RESIDENTIAL APPLICATION, 2017–2020 (MILLION SQUARE FEET)140
TABLE 61ASIA PACIFIC: PRECAST CONCRETE MARKET SIZE, BY NON-RESIDENTIAL APPLICATION, 2021–2027 (USD MILLION)140
TABLE 62ASIA PACIFIC: PRECAST CONCRETE MARKET SIZE, BY NON-RESIDENTIAL APPLICATION, 2021–2027 (MILLION SQUARE FEET)141
TABLE 63ASIA PACIFIC: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION)141
TABLE 64ASIA PACIFIC: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2017–2020 (MILLION SQUARE FEET)141
TABLE 65ASIA PACIFIC: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)141
TABLE 66ASIA PACIFIC: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2021–2027 (MILLION SQUARE FEET)142
TABLE 67ASIA PACIFIC: PRECAST CONCRETE MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)142
TABLE 68ASIA PACIFIC: PRECAST CONCRETE MARKET SIZE, BY APPLICATION, 2017–2020 (MILLION SQUARE FEET)142
TABLE 69ASIA PACIFIC: PRECAST CONCRETE MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION)143
TABLE 70ASIA PACIFIC: PRECAST CONCRETE MARKET SIZE, BY APPLICATION, 2021–2027 (MILLION SQUARE FEET)143
13.2.1CHINA143
13.2.1.1Increasing applicability of precast concrete in non-residential construction143
TABLE 71CHINA: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2017–2020 (USD MILLION)144
TABLE 72CHINA: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2017–2020 (MILLION SQUARE FEET)144
TABLE 73CHINA: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2021–2027 (USD MILLION)145
TABLE 74CHINA: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2021–2027 (MILLION SQUARE FEET)145
TABLE 75CHINA: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)145
TABLE 76CHINA: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (MILLION SQUARE FEET)146
TABLE 77CHINA: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)146
TABLE 78CHINA: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (MILLION SQUARE FEET)146
TABLE 79CHINA: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION)146
TABLE 80CHINA: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2017–2020 (MILLION SQUARE FEET)147
TABLE 81CHINA: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)147
TABLE 82CHINA: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2021–2027 (MILLION SQUARE FEET)147
13.2.2JAPAN147
13.2.2.1High demand for relocatable or temporary houses147
TABLE 83JAPAN: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2017–2020 (USD MILLION)148
TABLE 84JAPAN: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2017–2020 (MILLION SQUARE FEET)148
TABLE 85JAPAN: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2021–2027 (USD MILLION)149
TABLE 86JAPAN: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2021–2027 (MILLION SQUARE FEET)149
TABLE 87JAPAN: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)149
TABLE 88JAPAN: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (MILLION SQUARE FEET)150
TABLE 89JAPAN: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)150
TABLE 90JAPAN: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (MILLION SQUARE FEET)150
TABLE 91JAPAN: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION)150
TABLE 92JAPAN: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2017–2020 (MILLION SQUARE FEET)151
TABLE 93JAPAN: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)151
TABLE 94JAPAN: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2021–2027 (MILLION SQUARE FEET)151
13.2.3INDIA151
13.2.3.1New construction projects to accelerate demand151
TABLE 95INDIA: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2017–2020 (USD MILLION)152
TABLE 96INDIA: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2017–2020 (MILLION SQUARE FEET)152
TABLE 97INDIA: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2021–2027 (USD MILLION)153
TABLE 98INDIA: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2021–2027 (MILLION SQUARE FEET)153
TABLE 99INDIA: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)153
TABLE 100INDIA: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (MILLION SQUARE FEET)154
TABLE 101INDIA: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)154
TABLE 102INDIA: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (MILLION SQUARE FEET)154
TABLE 103INDIA: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION)154
TABLE 104INDIA: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2017–2020 (MILLION SQUARE FEET)155
TABLE 105INDIA: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)155
TABLE 106INDIA: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2021–2027 (MILLION SQUARE FEET)155
13.2.4INDONESIA155
13.2.4.1Government-sponsored infrastructure projects offering enormous opportunities155
TABLE 107INDONESIA: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2017–2020 (USD MILLION)156
TABLE 108INDONESIA: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2017–2020 (MILLION SQUARE FEET)157
TABLE 109INDONESIA: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2021–2027 (USD MILLION)157
TABLE 110INDONESIA: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2021–2027 (MILLION SQUARE FEET)158
TABLE 111INDONESIA: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)158
TABLE 112INDONESIA: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (MILLION SQUARE FEET)158
TABLE 113INDONESIA: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)158
TABLE 114INDONESIA: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (MILLION SQUARE FEET)159
TABLE 115INDONESIA: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION)159
TABLE 116INDONESIA: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2017–2020 (MILLION SQUARE FEET)159
TABLE 117INDONESIA: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)159
TABLE 118INDONESIA: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2021–2027 (MILLION SQUARE FEET)160
13.2.5AUSTRALIA160
13.2.5.1Demand for prefab or modular constructions160
TABLE 119AUSTRALIA: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2017–2020 (USD MILLION)160
TABLE 120AUSTRALIA: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2017–2020 (MILLION SQUARE FEET)161
TABLE 121AUSTRALIA: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2021–2027 (USD MILLION)161
TABLE 122AUSTRALIA: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2021–2027 (MILLION SQUARE FEET)162
TABLE 123AUSTRALIA: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)162
TABLE 124AUSTRALIA: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (MILLION SQUARE FEET)162
TABLE 125AUSTRALIA: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)162
TABLE 126AUSTRALIA: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (MILLION SQUARE FEET)163
TABLE 127AUSTRALIA: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION)163
TABLE 128AUSTRALIA: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2017–2020 (MILLION SQUARE FEET)163
TABLE 129AUSTRALIA: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)163
TABLE 130AUSTRALIA: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2021–2027 (MILLION SQUARE FEET)164
13.2.6REST OF ASIA PACIFIC164
TABLE 131REST OF ASIA PACIFIC: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2017–2020 (USD MILLION)164
TABLE 132REST OF ASIA PACIFIC: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2017–2020 (MILLION SQUARE FEET)165
TABLE 133REST OF ASIA PACIFIC: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2021–2027 (USD MILLION)165
TABLE 134REST OF ASIA PACIFIC: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2021–2027 (MILLION SQUARE FEET)166
TABLE 135REST OF ASIA PACIFIC: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)166
TABLE 136REST OF ASIA PACIFIC: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (MILLION SQUARE FEET)166
TABLE 137REST OF ASIA PACIFIC: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)166
TABLE 138REST OF ASIA PACIFIC: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (MILLION SQUARE FEET)167
TABLE 139REST OF ASIA PACIFIC: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION)167
TABLE 140REST OF ASIA PACIFIC: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2017–2020 (MILLION SQUARE FEET)167
TABLE 141REST OF ASIA PACIFIC: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)167
TABLE 142REST OF ASIA PACIFIC: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2021–2027 (MILLION SQUARE FEET)168
13.3NORTH AMERICA168
TABLE 143NORTH AMERICA: PRECAST CONCRETE MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION)168
TABLE 144NORTH AMERICA: PRECAST CONCRETE MARKET SIZE, BY COUNTRY, 2017–2020 (MILLION SQUARE FEET)169
TABLE 145NORTH AMERICA: PRECAST CONCRETE MARKET SIZE, BY COUNTRY, 2021–2027 (USD MILLION)169
TABLE 146NORTH AMERICA: PRECAST CONCRETE MARKET SIZE, BY COUNTRY, 2021–2027 (MILLION SQUARE FEET)169
TABLE 147NORTH AMERICA: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2017–2020 (USD MILLION)170
TABLE 148NORTH AMERICA: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2017–2020 (MILLION SQUARE FEET)170
TABLE 149NORTH AMERICA: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2021–2027 (USD MILLION)171
TABLE 150NORTH AMERICA: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2021–2027 (MILLION SQUARE FEET)171
TABLE 151NORTH AMERICA: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)171
TABLE 152NORTH AMERICA: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (MILLION SQUARE FEET)172
TABLE 153NORTH AMERICA: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)172
TABLE 154NORTH AMERICA: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (MILLION SQUARE FEET)172
TABLE 155NORTH AMERICA: PRECAST CONCRETE MARKET SIZE, BY NON-RESIDENTIAL APPLICATION, 2017–2020 (USD MILLION)172
TABLE 156NORTH AMERICA: PRECAST CONCRETE MARKET SIZE, BY NON-RESIDENTIAL APPLICATION, 2017–2020 (MILLION SQUARE FEET)173
TABLE 157NORTH AMERICA: PRECAST CONCRETE MARKET SIZE, BY NON-RESIDENTIAL APPLICATION, 2021–2027 (USD MILLION)173
TABLE 158NORTH AMERICA: PRECAST CONCRETE MARKET SIZE, BY NON-RESIDENTIAL APPLICATION, 2021–2027 (MILLION SQUARE FEET)173
TABLE 159NORTH AMERICA: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION)173
TABLE 160NORTH AMERICA: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2017–2020 (MILLION SQUARE FEET)174
TABLE 161NORTH AMERICA: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)174
TABLE 162NORTH AMERICA: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2021–2027 (MILLION SQUARE FEET)174
TABLE 163NORTH AMERICA: PRECAST CONCRETE MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)174
TABLE 164NORTH AMERICA: PRECAST CONCRETE MARKET SIZE, BY APPLICATION, 2017–2020 (MILLION SQUARE FEET)175
TABLE 165NORTH AMERICA: PRECAST CONCRETE MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION)175
TABLE 166NORTH AMERICA: PRECAST CONCRETE MARKET SIZE, BY APPLICATION, 2021–2027 (MILLION SQUARE FEET)175
13.3.1US176
13.3.1.1Rise in demand for modular buildings176
TABLE 167US: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2017–2020 (USD MILLION)176
TABLE 168US: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2017–2020 (MILLION SQUARE FEET)177
TABLE 169US: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2021–2027 (USD MILLION)177
TABLE 170US: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2021–2027 (MILLION SQUARE FEET)178
TABLE 171US: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)178
TABLE 172US: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (MILLION SQUARE FEET)178
TABLE 173US: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)178
TABLE 174US: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (MILLION SQUARE FEET)179
TABLE 175US: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION)179
TABLE 176US: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2017–2020 (MILLION SQUARE FEET)179
TABLE 177US: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)179
TABLE 178US: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2021–2027 (MILLION SQUARE FEET)179
13.3.2CANADA180
13.3.2.1Growing commercial and industrial sectors180
TABLE 179CANADA: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2017–2020 (USD MILLION)180
TABLE 180CANADA: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2017–2020 (MILLION SQUARE FEET)181
TABLE 181CANADA: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2021–2027 (USD MILLION)181
TABLE 182CANADA: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2021–2027 (MILLION SQUARE FEET)182
TABLE 183CANADA: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)182
TABLE 184CANADA: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (MILLION SQUARE FEET)182
TABLE 185CANADA: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)182
TABLE 186CANADA: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (MILLION SQUARE FEET)183
TABLE 187CANADA: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION)183
TABLE 188CANADA: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2017–2020 (MILLION SQUARE FEET)183
TABLE 189CANADA: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)183
TABLE 190CANADA: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2021–2027 (MILLION SQUARE FEET)184
13.3.3MEXICO184
13.3.3.1Rising infrastructural constructions184
TABLE 191MEXICO: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2017–2020 (USD MILLION)184
TABLE 192MEXICO: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2017–2020 (MILLION SQUARE FEET)185
TABLE 193MEXICO: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2021–2027 (USD MILLION)185
TABLE 194MEXICO: PRECAST CONCRETE MARKET SIZE, BY ELEMENT, 2021–2027 (MILLION SQUARE FEET)186
TABLE 195MEXICO: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION)186
TABLE 196MEXICO: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (MILLION SQUARE FEET)186
TABLE 197MEXICO: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (USD MILLION)186
TABLE 198MEXICO: PRECAST CONCRETE MARKET SIZE, BY END-USE INDUSTRY, 2021–2027 (MILLION SQUARE FEET)187
TABLE 199MEXICO: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION)187
TABLE 200MEXICO: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2017–2020 (MILLION SQUARE FEET)187
TABLE 201MEXICO: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)187
TABLE 202MEXICO: PRECAST CONCRETE MARKET SIZE, BY TYPE, 2021–2027 (MILLION SQUARE FEET)188