Precast Concrete Market Research Report - Forecast to 2027

Precast Concrete Market: By Product Type (Floors & Roofs, Columns and Beams, Stairs and Landing, Walls), By Application (Structural Components, Architectural Components, Bridge Components), By End-use (Residential, Non-Residential, Agriculture) - Forecast till 2027

ID: MRFR/CO/3422-CR | December 2018 | Region: Global | 146 pages

Please note that the assessment period of report has been updated from (2018-2023) to 2020-2027. Cordially fill the sample form for updated data

Impact of COVID-19 on the Precast Concrete Market
Precast Concrete Market


Precast concrete is a construction product that is manufactured through casting concrete in a recyclable form. The reusable mold is then cured in a precise environment, conveyed to the building site, and utilized. Increasing investments by industry players and the rise in construction activities across the globe are key factors responsible for market growth. However, the spread of the COVID-19 pandemic around the world has negatively impacted the construction industry. The temporary suspension of construction activities has drastically affected the demand for precast concrete. The lockdowns imposed worldwide have delayed construction projects owing to which, companies are facing tremendous revenue losses. Companies are focused on reducing their operational costs and are rethinking their investment strategies, which is also impacting the growth of the market. Besides, the halted export of raw materials and fluctuating raw material prices due to the COVID-19 pandemic are also hindering the market growth. The suspended production of concretes owing to the postponement of renovation and rebuilding projects is also one of the factors responsible for hindering the growth of the market. Lockdown relaxations in some countries in Q3 of 2020 are expected to slightly raise the demand for precast concrete owing to the partial resumption of construction activities.


New Private Construction value in the U.S., 2014–2019 (USD billion)

Precast Concrete Market – Summary


Overview:


The global precast concrete market is all set to mount to the valuation of USD 103,666.1 million by 2023. The market will clock in a striking CAGR of 5.36% during the forecast period (2018-2023). Market Research Future (MRFR)’s report is focused primarily on segmental analysis as well as a detailed discussion of the drivers to offer an acute understanding of the precast concrete market.


Precast concrete refers to the construction product which is made by casting concrete in a reusable mold. This reusable mold is then cured in a controlled environment and transported to the construction site to be utilized. There are various kinds of precast concrete forming systems that have architectural applications, differing in size, price as well as function. Using precast elements helps eliminate or greatly reduces the need for conventional formworks and props. Precast concrete also helps lower the generation of wastage and also checks various other environmental hazards, providing a safe working platform for the workers. Precast concrete is generally used in the construction of buildings that have repetitive designs & elements, like schools and apartments. Precast concrete also offers the architecture engineer with an exciting medium, at the same time, designing facades for a broad range of buildings, like healthcare facilities, commercial buildings, shopping malls, and stadiums.


The market for precast concrete has observed sturdy growth in accordance with the advancing degree of industrialization, urbanization, and infrastructural developments. Going ahead, there has been a gradual shift of consumers and building contractors toward eco-friendly, cost-efficient, and modern building techniques which results in augmentation of growth opportunities for the precast concrete market. Other factors triggering the market growth include the increasing disposable income in the developing economies coupled with the changing preferences of construction methods that increase the reliance on modern construction techniques. Also, a substantial amount of investment in research and developmental activities for innovations is projected to be the key reason for the augmented sale revenue of key players. Since many of the market players are associated with product diversification and improvement to gain a competitive edge over competitors, the overall status of the market gets a considerable push.


Segmentation:


The global precast concrete market is segmented on the basis of product, application, end-user, and region.


Products include floors & roofs, columns and beams, stairs and landing, and walls. Walls are sub-segmented into solid walls, sandwich walls (thermal walls). Among these, the segment for columns and beams acquired the largest share with 32.10% in the global precast concrete market and is heading the global market in the product category.


By application, the market is segmented into structural components, architectural components, bridge components, and others. Among these, the structural components segment accounted for the largest share of 39.11% in the global precast concrete market.


End-use segments included in the market are residential, non-residential and agriculture, where the non-residential segment accounted for 69.27% market share in 2017.


Regional Analysis:


From a region-based perspective, the precast concrete market states a detailed description of the Asia Pacific, North America Europe, along with the Rest-of-the-World.


Asia Pacific dominated the market with a share of 43.45% in 2017. It accounted for 448.89 million tonnes in 2017 and is bound to grow at the highest CAGR of 5.52% from 2018 to 2023. North America stood in the second position with the second-largest market share, which accounted to 25.09% in 2017.


The North America precast concrete market is driven by several factors like consumer preference for green buildings and sustained investments in commercial real estate. Meanwhile, precast concrete components will be favored over other building materials because of their durability and longer lifespans. 


Key Competitors:


The key players highlighted in the report for the global market include SKANSKA AB (Sweden), Jensen Precast (US), Molin Concrete Products Company, Inc.  (US), Tindall Corporation (US), Coreslab Structures (US), CRH(US), Coltman Precast Concrete Limited (UK), HeidelbergCement AG (Germany), Metromont Corporation (US), SMEET (Qatar), Taiheiyo Cement (Tokyo), and Larsen & Toubro Limited (India) are among others.

1 Executive Summary

2 Market Introduction

2.1 Definition 19

2.2 Scope of the Study 19

2.3 Market Structure 20

2.4 Key Takeaways 20

2.5 Macro Factor Indicators Analysis 20

2.6 List of Assumptions 21

3 Research Methodology

3.1 Research Process 23

3.2 Primary Research 24

3.3 Secondary Research 25

3.4 Market Size Estimation 25

3.5 Forecast Model 26

4 Market Dynamics

4.1 Introduction 28

4.2 Drivers 28

4.2.1 Increasing Investment in Construction Industry 28

4.2.2 Urbanization leading to Rise in Construction Activities 30

4.2.3 Reduced Construction Waste 30

4.2.4 Drivers Impact Analysis 31

4.3 Restraints 31

4.3.1 Economic Downturn in Major Regions 31

4.3.2 Fluctuating Raw Material Prices 31

4.3.3 Restraints Impact Analysis 32

4.4 Opportunity 32

4.4.1 Scope in Emerging Economies 32

5 Market Factor Analysis

5.1 Supply Chain Analysis 34

5.1.1 Design and Development 34

5.1.2 Raw Material Supply 34

5.1.3 Precast Concrete Manufacturing 34

5.1.4 Distribution 35

5.1.5 End-Use 35

5.2 Porter’s Five Forces Model 35

5.2.1 Threat of New Entrants 35

5.2.2 Bargaining Power of Suppliers 36

5.2.3 Bargaining Power of Buyers 36

5.2.4 Threat of Substitutes 36

5.2.5 Intensity of Rivalry 36

5.2.6 Threat of Substitutes 36

5.2.7 Rivalry 36

5.3 Import Analysis of Refractory cements, mortars, concretes and similar compositions 37

5.4 Export Analysis of Refractory cements, mortars, concretes and similar compositions 38

6 Global Precast concrete Market, By Product

6.1 Overview 41

6.1.1 Columns & Beams 43

6.1.2 Floors & Roofs 43

6.1.3 Walls 43

6.1.3.1 Solid Walls 43

6.1.3.2 Sandwich Walls (Thermal Walls) 43

6.1.3.3 Others 44

6.1.4 Stairs and Landings 44

6.1.5 Others 44

7 Global Precast Concrete Market, By Application

7.1 Overview 46

7.1.1 Structural Components 47

7.1.2 Architectural Components 47

7.1.3 Bridge Components 47

7.1.4 Others 47

8 Global Precast concrete Market, By End-use

8.1 Overview 49

8.1.1 Residential 50

8.1.2 Non-Residential 50

8.1.3 Agriculture 50

9 Global Precast Concrete Market, By Region

9.1 Overview 52

9.2 North America 54

9.2.1 US 58

9.2.2 Canada 61

9.3 Europe 64

9.3.1 Germany 68

9.3.2 UK 72

9.3.3 France 75

9.3.4 Spain 78

9.3.5 Rest of Europe 81

9.4 Asia-Pacific 84

9.4.1 China 88

9.4.2 Japan 92

9.4.3 India 95

9.4.4 Rest of Asia Pacific 99

9.5 Rest of the World 102

9.5.1 Middle East and Africa 106

9.6 Latin America 109

10 Competitive Landscape

10.1 Competitive Scenario 114

10.1.1 Market Share Analysis 115

10.1.2 Competitive BENCHMARKING OF MAJOR COMPETITORS 116

11 Company Profiles

11.1 Metromont Corporation 118

11.1.1 Company Overview 118

11.1.2 Financial Overview 118

11.1.3 Products Offered 118

11.1.4 Key Developments (2020-2027) 119

11.1.5 SWOT Analysis 119

11.1.6 Key Strategies 119

11.2 Coreslab Structures 120

11.2.1 Company Overview 120

11.2.2 Financial Overview 120

11.2.3 Products Offered 120

11.2.4 Key Developments (2020-2027) 121

11.2.5 SWOT Analysis 121

11.2.6 Key Strategies 122

11.3 CRH 122

11.3.1 Company Overview 122

11.3.2 Financial Overview 122

11.3.3 Products Offered 123

11.3.4 Key Developments (2015 – 2018) 123

11.3.5 SWOT Analysis 124

11.3.6 Key Strategies 124

11.4 Coltman Precast Concrete Limited 125

11.4.1 Company Overview 125

11.4.2 Financial Overview 125

11.4.3 Products Offered 125

11.4.4 Key Developments (2020-2027) 125

11.4.5 SWOT Analysis 126

11.4.6 Key Strategies 126

11.5 HEIDELBERGCEMENT AG 127

11.5.1 Company Overview 127

11.5.2 Financial Overview 127

11.5.3 Products Offered 128

11.5.4 Key Developments (2020-2027) 129

11.5.5 SWOT Analysis 129

11.5.6 Key Strategies 129

11.6 TAIHEIYO CEMENT CORPORATION 130

11.6.1 Company Overview 130

11.6.2 Financial Overview 130

11.6.3 Products Offered 131

11.6.4 Key Developments (2020-2027) 132

11.6.5 SWOT Analysis 132

11.6.6 Key Strategies 132

11.7 SMEET 133

11.7.1 Company Overview 133

11.7.2 Financial Overview 133

11.7.3 Products Offered 133

11.7.4 Key Developments (2020-2027) 133

11.7.5 SWOT Analysis 134

11.7.6 Key Strategies 134

11.8 LARSEN & TOUBRO LIMITED 135

11.8.1 Company Overview 135

11.8.2 Financial Overview 135

11.8.3 Products Offered 136

11.8.4 Key Developments (2020-2027) 137

11.8.5 SWOT Analysis 137

11.8.6 Key Strategies 137

11.9 Jensen Precast 138

11.9.1 Company Overview 138

11.9.2 Financial Overview 138

11.9.3 Products Offered 138

11.9.4 Key Developments (2020-2027) 138

11.9.5 SWOT Analysis 139

11.9.6 Key Strategies 139

11.10 SKANSKA AB 140

11.10.1 Company Overview 140

11.10.2 Financial Overview 140

11.10.3 Products Offered 141

11.10.4 Key Developments (2020-2027) 141

11.10.5 SWOT Analysis 141

11.10.6 Key Strategies 142

11.11 Tindall Corporation 142

11.11.1 Company Overview 142

11.11.2 Financial Overview 142

11.11.3 Products Offered 142

11.11.4 Key Developments (2020-2027) 143

11.11.5 SWOT Analysis 143

11.11.6 Key Strategies 143

11.12 Molin Concrete Products Company, Inc. 144

11.12.1 Company Overview 144

11.12.2 Financial Overview 144

11.12.3 Products Offered 144

11.12.4 Key Developments 145

11.12.5 SWOT Analysis 145

11.12.6 Key Strategies 145


12 List of Tables

TABLE 1 MARKET SYNOPSIS 17

TABLE 2 LIST OF ASSUMPTIONS 21

TABLE 3 SHARE OF TOP FIVE COUNTRIES ATTRACTING FDI EQUITY INFLOWS FOR CONSTRUCTION DEVELOPMENT, 2020-2027 (USD MILLION) 29

TABLE 4 FDI INFLOWS, ASIA-PACIFIC, 2020-2027 (USD BILLION) 30

TABLE 5 NORTH AMERICA: IMPORTS, 2020-2027 (USD THOUSAND) 37

TABLE 6 EUROPE: IMPORTS, 2020-2027 (USD THOUSAND) 37

TABLE 7 ASIA PACIFIC: IMPORTS, 2020-2027 (USD THOUSAND) 37

TABLE 8 REST OF THE WORLD (ROW): IMPORTS, 2020-2027 (USD THOUSAND) 38

TABLE 9 NORTH AMERICA: EXPORTS, 2020-2027 (USD THOUSAND) 38

TABLE 10 EUROPE: EXPORTS, 2020-2027 (USD THOUSAND) 39

TABLE 11 ASIA PACIFIC: EXPORTS, 2020-2027 (USD THOUSAND) 39

TABLE 12 REST OF THE WORLD (ROW): EXPORTS, 2020-2027 (USD THOUSAND) 39

TABLE 13 GLOBAL PRECAST CONCRETE MARKET, BY PRODUCT, 2020-2027 (USD MILLION) 41

TABLE 14 GLOBAL PRECAST CONCRETE MARKET, BY PRODUCT, 2020-2027 (MILLION TONNES) 41

TABLE 15 WALLS: GLOBAL PRECAST CONCRETE MARKET, BY TYPE, 2020-2027 (USD MILLION) 42

TABLE 16 WALLS: GLOBAL PRECAST CONCRETE MARKET, BY TYPE, 2020-2027 (MILLION TONNES) 42

TABLE 17 GLOBAL PRECAST CONCRETE MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 46

TABLE 18 GLOBAL PRECAST CONCRETE MARKET, BY APPLICATION, 2020-2027 (MILLION TONNES) 46

TABLE 19 GLOBAL PRECAST CONCRETE MARKET, BY END-USE, 2020-2027 (USD MILLION) 49

TABLE 20 GLOBAL PRECAST CONCRETE MARKET, BY END-USE, 2020-2027 (MILLION TONNES) 49

TABLE 21 GLOBAL PRECAST CONCRETE MARKET, BY REGION, 2020-2027 (USD MILLION) 52

TABLE 22 GLOBAL PRECAST CONCRETE MARKET, BY REGION, 2020-2027 (MILLION TONNES) 53

TABLE 23 NORTH AMERICA: PRECAST CONCRETE MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 54

TABLE 24 NORTH AMERICA: PRECAST CONCRETE MARKET, BY COUNTRY, 2020-2027 (MILLION TONNES) 54

TABLE 25 NORTH AMERICA: PRECAST CONCRETE MARKET, BY PRODUCT, 2020-2027 (USD MILLION) 55

TABLE 26 NORTH AMERICA: PRECAST CONCRETE MARKET, BY PRODUCT, 2020-2027 (MILLION TONNES) 55

TABLE 27 WALLS: NORTH AMERICA: PRECAST CONCRETE MARKET, BY TYPE, 2020-2027 (USD MILLION) 56

TABLE 28 WALLS: NORTH AMERICA: PRECAST CONCRETE MARKET, BY TYPE, 2020-2027 (MILLION TONNES) 56

TABLE 29 NORTH AMERICA: PRECAST CONCRETE MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 56

TABLE 30 NORTH AMERICA: PRECAST CONCRETE MARKET, BY APPLICATION, 2020-2027 (MILLION TONNES) 57

TABLE 31 NORTH AMERICA: PRECAST CONCRETE MARKET, BY END-USE, 2020-2027 (USD MILLION) 57

TABLE 32 NORTH AMERICA: PRECAST CONCRETE MARKET, BY END-USE, 2020-2027 (MILLION TONNES) 57

TABLE 33 US: PRECAST CONCRETE MARKET, BY PRODUCT, 2020-2027 (USD MILLION) 58

TABLE 34 US: PRECAST CONCRETE MARKET, BY PRODUCT, 2020-2027 (MILLION TONNES) 58

TABLE 35 WALLS: US: PRECAST CONCRETE MARKET, BY TYPE, 2020-2027 (USD MILLION) 59

TABLE 36 WALLS: US: PRECAST CONCRETE MARKET, BY TYPE, 2020-2027 (MILLION TONNES) 59

TABLE 37 US: PRECAST CONCRETE MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 59

TABLE 38 US: PRECAST CONCRETE MARKET, BY APPLICATION, 2020-2027 (MILLION TONNES) 60

TABLE 39 US: PRECAST CONCRETE MARKET, BY END-USE, 2020-2027 (USD MILLION) 60

TABLE 40 US: PRECAST CONCRETE MARKET, BY END-USE, 2020-2027 (MILLION TONNES) 60

TABLE 41 CANADA: PRECAST CONCRETE MARKET, BY PRODUCT, 2020-2027 (USD MILLION) 61

TABLE 42 CANADA: PRECAST CONCRETE MARKET, BY PRODUCT, 2020-2027 (MILLION TONNES) 61

TABLE 43 WALLS: CANADA: PRECAST CONCRETE MARKET, BY TYPE, 2020-2027 (USD MILLION) 62

TABLE 44 WALLS: CANADA: PRECAST CONCRETE MARKET, BY TYPE, 2020-2027 (MILLION TONNES) 62

TABLE 45 CANADA: PRECAST CONCRETE MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 62

TABLE 46 CANADA: PRECAST CONCRETE MARKET, BY APPLICATION, 2020-2027 (MILLION TONNES) 63

TABLE 47 CANADA: PRECAST CONCRETE MARKET, BY END-USE, 2020-2027 (USD MILLION) 63

TABLE 48 CANADA: PRECAST CONCRETE MARKET, BY END-USE, 2020-2027 (MILLION TONNES) 63

TABLE 49 EUROPE: PRECAST CONCRETE MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 64

TABLE 50 EUROPE: PRECAST CONCRETE MARKET, BY COUNTRY, 2020-2027 (MILLION TONNES) 65

TABLE 51 EUROPE: PRECAST CONCRETE MARKET, BY PRODUCT, 2020-2027 (USD MILLION) 65

TABLE 52 EUROPE: PRECAST CONCRETE MARKET, BY PRODUCT, 2020-2027 (MILLION TONNES) 66

TABLE 53 WALLS: EUROPE: PRECAST CONCRETE MARKET, BY TYPE, 2020-2027 (USD MILLION) 66

TABLE 54 WALLS: EUROPE: PRECAST CONCRETE MARKET, BY TYPE, 2020-2027 (MILLION TONNES) 66

TABLE 55 EUROPE: PRECAST CONCRETE MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 67

TABLE 56 EUROPE: PRECAST CONCRETE MARKET, BY APPLICATION, 2020-2027 (MILLION TONNES) 67

TABLE 57 EUROPE: PRECAST CONCRETE MARKET, BY END-USE, 2020-2027 (USD MILLION) 68

TABLE 58 EUROPE: PRECAST CONCRETE MARKET, BY END-USE, 2020-2027 (MILLION TONNES) 68

TABLE 59 GERMANY: PRECAST CONCRETE MARKET, BY PRODUCT, 2020-2027 (USD MILLION) 69

TABLE 60 GERMANY: PRECAST CONCRETE MARKET, BY PRODUCT, 2020-2027 (MILLION TONNES) 69

TABLE 61 WALLS: GERMANY: PRECAST CONCRETE MARKET, BY TYPE, 2020-2027 (USD MILLION) 69

TABLE 62 WALLS: GERMANY: PRECAST CONCRETE MARKET, BY TYPE, 2020-2027 (MILLION TONNES) 70

TABLE 63 GERMANY: PRECAST CONCRETE MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 70

TABLE 64 GERMANY: PRECAST CONCRETE MARKET, BY APPLICATION, 2020-2027 (MILLION TONNES) 71

TABLE 65 GERMANY: PRECAST CONCRETE MARKET, BY END-USE, 2020-2027 (USD MILLION) 71

TABLE 66 GERMANY: PRECAST CONCRETE MARKET, BY END-USE, 2020-2027 (MILLION TONNES) 71

TABLE 67 UK: PRECAST CONCRETE MARKET, BY PRODUCT, 2020-2027 (USD MILLION) 72

TABLE 68 UK: PRECAST CONCRETE MARKET, BY PRODUCT, 2020-2027 (MILLION TONNES) 72

TABLE 69 WALLS: UK: PRECAST CONCRETE MARKET, BY TYPE, 2020-2027 (USD MILLION) 73

TABLE 70 WALLS: UK: PRECAST CONCRETE MARKET, BY TYPE, 2020-2027 (MILLION TONNES) 73

TABLE 71 UK: PRECAST CONCRETE MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 73

TABLE 72 UK: PRECAST CONCRETE MARKET, BY APPLICATION, 2020-2027 (MILLION TONNES) 74

TABLE 73 UK: PRECAST CONCRETE MARKET, BY END-USE, 2020-2027 (USD MILLION) 74

TABLE 74 UK: PRECAST CONCRETE MARKET, BY END-USE, 2020-2027 (MILLION TONNES) 74

TABLE 75 FRANCE: PRECAST CONCRETE MARKET, BY PRODUCT, 2020-2027 (USD MILLION) 75

TABLE 76 FRANCE: PRECAST CONCRETE MARKET, BY PRODUCT, 2020-2027 (MILLION TONNES) 75

TABLE 77 WALLS: FRANCE: PRECAST CONCRETE MARKET, BY TYPE, 2020-2027 (USD MILLION) 76

TABLE 78 WALLS: FRANCE: PRECAST CONCRETE MARKET, BY TYPE, 2020-2027 (MILLION TONNES) 76

TABLE 79 FRANCE: PRECAST CONCRETE MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 76

TABLE 80 FRANCE: PRECAST CONCRETE MARKET, BY APPLICATION, 2020-2027 (MILLION TONNES) 77

TABLE 81 FRANCE: PRECAST CONCRETE MARKET, BY END-USE, 2020-2027 (USD MILLION) 77

TABLE 82 FRANCE: PRECAST CONCRETE MARKET, BY END-USE, 2020-2027 (MILLION TONNES) 77

TABLE 83 SPAIN: PRECAST CONCRETE MARKET, BY PRODUCT, 2020-2027 (USD MILLION) 78

TABLE 84 SPAIN: PRECAST CONCRETE MARKET, BY PRODUCT, 2020-2027 (MILLION TONNES) 78

TABLE 85 WALLS: SPAIN: PRECAST CONCRETE MARKET, BY TYPE, 2020-2027 (USD MILLION) 79

TABLE 86 WALLS: SPAIN: PRECAST CONCRETE MARKET, BY TYPE, 2020-2027 (MILLION TONNES) 79

TABLE 87 SPAIN: PRECAST CONCRETE MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 79

TABLE 88 SPAIN: PRECAST CONCRETE MARKET, BY APPLICATION, 2020-2027 (MILLION TONNES) 80

TABLE 89 SPAIN: PRECAST CONCRETE MARKET, BY END-USE, 2020-2027 (USD MILLION) 80

TABLE 90 SPAIN: PRECAST CONCRETE MARKET, BY END-USE, 2020-2027 (MILLION TONNES) 80

TABLE 91 REST OF EUROPE: PRECAST CONCRETE MARKET, BY PRODUCT, 2020-2027 (USD MILLION) 81

TABLE 92 REST OF EUROPE: PRECAST CONCRETE MARKET, BY PRODUCT, 2020-2027 (MILLION TONNES) 81

TABLE 93 WALLS: REST OF EUROPE: PRECAST CONCRETE MARKET, BY TYPE, 2020-2027 (USD MILLION) 82

TABLE 94 WALLS: REST OF EUROPE: PRECAST CONCRETE MARKET, BY TYPE, 2020-2027 (MILLION TONNES) 82

TABLE 95 REST OF EUROPE: PRECAST CONCRETE MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 82

TABLE 96 REST OF EUROPE: PRECAST CONCRETE MARKET, BY APPLICATION, 2020-2027 (MILLION TONNES) 83

TABLE 97 REST OF EUROPE: PRECAST CONCRETE MARKET, BY END-USE, 2020-2027 (USD MILLION) 83

TABLE 98 REST OF EUROPE: PRECAST CONCRETE MARKET, BY END-USE, 2020-2027 (MILLION TONNES) 83

TABLE 99 ASIA-PACIFIC: PRECAST CONCRETE MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 84

TABLE 100 ASIA-PACIFIC: PRECAST CONCRETE MARKET, BY COUNTRY, 2020-2027 (MILLION TONNES) 85

TABLE 101 ASIA-PACIFIC: PRECAST CONCRETE MARKET, BY PRODUCT, 2020-2027 (USD MILLION) 85

TABLE 102 ASIA-PACIFIC: PRECAST CONCRETE MARKET, BY PRODUCT, 2020-2027 (MILLION TONNES) 86

TABLE 103 WALLS: ASIA-PACIFIC: PRECAST CONCRETE MARKET, BY TYPE, 2020-2027 (USD MILLION) 86

TABLE 104 WALLS: ASIA-PACIFIC: PRECAST CONCRETE MARKET, BY TYPE, 2020-2027 (MILLION TONNES) 86

TABLE 105 ASIA-PACIFIC: PRECAST CONCRETE MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 87

TABLE 106 ASIA-PACIFIC: PRECAST CONCRETE MARKET, BY APPLICATION, 2020-2027 (MILLION TONNES) 87

TABLE 107 ASIA-PACIFIC: PRECAST CONCRETE MARKET, BY END-USE, 2020-2027 (USD MILLION) 88

TABLE 108 ASIA-PACIFIC: PRECAST CONCRETE MARKET, BY END-USE, 2020-2027 (MILLION TONNES) 88

TABLE 109 CHINA: PRECAST CONCRETE MARKET, BY PRODUCT, 2020-2027 (USD MILLION) 89

TABLE 110 CHINA: PRECAST CONCRETE MARKET, BY PRODUCT, 2020-2027 (MILLION TONNES) 89

TABLE 111 WALLS: CHINA: PRECAST CONCRETE MARKET, BY TYPE, 2020-2027 (USD MILLION) 89

TABLE 112 WALLS: CHINA: PRECAST CONCRETE MARKET, BY TYPE, 2020-2027 (MILLION TONNES) 90

TABLE 113 CHINA: PRECAST CONCRETE MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 91

TABLE 114 CHINA: PRECAST CONCRETE MARKET, BY APPLICATION, 2020-2027 (MILLION TONNES) 91

TABLE 115 CHINA: PRECAST CONCRETE MARKET, BY END-USE, 2020-2027 (USD MILLION) 91

TABLE 116 CHINA: PRECAST CONCRETE MARKET, BY END-USE, 2020-2027 (MILLION TONNES) 92

TABLE 117 JAPAN: PRECAST CONCRETE MARKET, BY PRODUCT, 2020-2027 (USD MILLION) 92

TABLE 118 JAPAN: PRECAST CONCRETE MARKET, BY PRODUCT, 2020-2027 (MILLION TONNES) 93

TABLE 119 WALLS: JAPAN: PRECAST CONCRETE MARKET, BY TYPE, 2020-2027 (USD MILLION) 93

TABLE 120 WALLS: JAPAN: PRECAST CONCRETE MARKET, BY TYPE, 2020-2027 (MILLION TONNES) 93

TABLE 121 JAPAN: PRECAST CONCRETE MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 94

TABLE 122 JAPAN: PRECAST CONCRETE MARKET, BY APPLICATION, 2020-2027 (MILLION TONNES) 94

TABLE 123 JAPAN: PRECAST CONCRETE MARKET, BY END-USE, 2020-2027 (USD MILLION) 95

TABLE 124 JAPAN: PRECAST CONCRETE MARKET, BY END-USE, 2020-2027 (MILLION TONNES) 95

TABLE 125 INDIA: PRECAST CONCRETE MARKET, BY PRODUCT, 2020-2027 (USD MILLION) 96

TABLE 126 INDIA: PRECAST CONCRETE MARKET, BY PRODUCT, 2020-2027 (MILLION TONNES) 96

TABLE 127 WALLS: INDIA: PRECAST CONCRETE MARKET, BY TYPE, 2020-2027 (USD MILLION) 96

TABLE 128 WALLS: INDIA: PRECAST CONCRETE MARKET, BY TYPE, 2020-2027 (MILLION TONNES) 97

TABLE 129 INDIA: PRECAST CONCRETE MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 97

TABLE 130 INDIA: PRECAST CONCRETE MARKET, BY APPLICATION, 2020-2027 (MILLION TONNES) 98

TABLE 131 INDIA: PRECAST CONCRETE MARKET, BY END-USE, 2020-2027 (USD MILLION) 98

TABLE 132 INDIA: PRECAST CONCRETE MARKET, BY END-USE, 2020-2027 (MILLION TONNES) 98

TABLE 133 REST OF ASIA PACIFIC: PRECAST CONCRETE MARKET, BY PRODUCT, 2020-2027 (USD MILLION) 99

TABLE 134 REST OF ASIA PACIFIC: PRECAST CONCRETE MARKET, BY PRODUCT, 2020-2027 (MILLION TONNES) 99

TABLE 135 WALLS: REST OF ASIA PACIFIC: PRECAST CONCRETE MARKET, BY TYPE, 2020-2027 (USD MILLION) 100

TABLE 136 WALLS: REST OF ASIA PACIFIC: PRECAST CONCRETE MARKET, BY TYPE, 2020-2027 (MILLION TONNES) 100

TABLE 137 REST OF ASIA PACIFIC: PRECAST CONCRETE MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 100

TABLE 138 REST OF ASIA PACIFIC: PRECAST CONCRETE MARKET, BY APPLICATION, 2020-2027 (MILLION TONNES) 101

TABLE 139 REST OF ASIA PACIFIC: PRECAST CONCRETE MARKET, BY END-USE, 2020-2027 (USD MILLION) 101

TABLE 140 REST OF ASIA PACIFIC: PRECAST CONCRETE MARKET, BY END-USE, 2020-2027 (MILLION TONNES) 101

TABLE 141 REST OF THE WORLD: PRECAST CONCRETE MARKET, BY REGION, 2020-2027 (USD MILLION) 102

TABLE 142 REST OF THE WORLD: PRECAST CONCRETE MARKET, BY REGION, 2020-2027 (MILLION TONNES) 102

TABLE 143 REST OF THE WORLD: PRECAST CONCRETE MARKET, BY PRODUCT, 2020-2027 (USD MILLION) 103

TABLE 144 REST OF THE WORLD: PRECAST CONCRETE MARKET, BY PRODUCT, 2020-2027 (MILLION TONNES) 103

TABLE 145 WALLS: REST OF THE WORLD: PRECAST CONCRETE MARKET, BY TYPE, 2020-2027 (USD MILLION) 104

TABLE 146 WALLS: REST OF THE WORLD: PRECAST CONCRETE MARKET, BY TYPE, 2020-2027 (MILLION TONNES) 104

TABLE 147 REST OF THE WORLD: PRECAST CONCRETE MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 104

TABLE 148 REST OF THE WORLD: PRECAST CONCRETE MARKET, BY APPLICATION, 2020-2027 (MILLION TONNES) 105

TABLE 149 REST OF THE WORLD: PRECAST CONCRETE MARKET, BY END-USE, 2020-2027 (USD MILLION) 105

TABLE 150 REST OF THE WORLD: PRECAST CONCRETE MARKET, BY END-USE, 2020-2027 (MILLION TONNES) 105

TABLE 151 MIDDLE EAST AND AFRICA: PRECAST CONCRETE MARKET, BY PRODUCT, 2020-2027 (USD MILLION) 106

TABLE 152 MIDDLE EAST AND AFRICA: PRECAST CONCRETE MARKET, BY PRODUCT, 2020-2027 (MILLION TONNES) 106

TABLE 153 WALLS: MIDDLE EAST AND AFRICA: PRECAST CONCRETE MARKET, BY TYPE, 2020-2027 (USD MILLION) 107

TABLE 154 WALLS: MIDDLE EAST AND AFRICA: PRECAST CONCRETE MARKET, BY TYPE, 2020-2027 (MILLION TONNES) 107

TABLE 155 MIDDLE EAST AND AFRICA: PRECAST CONCRETE MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 107

TABLE 156 MIDDLE EAST AND AFRICA: PRECAST CONCRETE MARKET, BY APPLICATION, 2020-2027 (MILLION TONNES) 108

TABLE 157 MIDDLE EAST AND AFRICA: PRECAST CONCRETE MARKET, BY END-USE, 2020-2027 (USD MILLION) 108

TABLE 158 MIDDLE EAST AND AFRICA: PRECAST CONCRETE MARKET, BY END-USE, 2020-2027 (MILLION TONNES) 108

TABLE 159 LATIN AMERICA: PRECAST CONCRETE MARKET, BY PRODUCT, 2020-2027 (USD MILLION) 109

TABLE 160 LATIN AMERICA: PRECAST CONCRETE MARKET, BY PRODUCT, 2020-2027 (MILLION TONNES) 109

TABLE 161 WALLS: LATIN AMERICA: PRECAST CONCRETE MARKET, BY TYPE, 2020-2027 (USD MILLION) 110

TABLE 162 WALLS: LATIN AMERICA: PRECAST CONCRETE MARKET, BY TYPE, 2020-2027 (MILLION TONNES) 110

TABLE 163 LATIN AMERICA: PRECAST CONCRETE MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 110

TABLE 164 LATIN AMERICA: PRECAST CONCRETE MARKET, BY APPLICATION, 2020-2027 (MILLION TONNES) 111

TABLE 165 LATIN AMERICA: PRECAST CONCRETE MARKET, BY END-USE, 2020-2027 (USD MILLION) 111

TABLE 166 LATIN AMERICA: PRECAST CONCRETE MARKET, BY END-USE, 2020-2027 (MILLION TONNES) 111

TABLE 167 MAJOR MERGERS AND ACQUISITION: PRECAST CONCRETE MARKET 114

13 List of Figures

FIGURE 1 GLOBAL PRECAST CONCRETE MARKET: MARKET STRUCTURE 20

FIGURE 2 KEY TAKEAWAYS FROM PRECAST CONCRETE MARKET 20

FIGURE 3 RESEARCH PROCESS OF MRFR 23

FIGURE 4 TOP DOWN & BOTTOM-UP APPROACH 26

FIGURE 5 DRO ANALYSIS OF GLOBAL PRECAST CONCRETE MARKET 28

FIGURE 6 CONSTRUCTION INDUSTRY IN USD MILLION (2020-2027) 29

FIGURE 7 DRIVERS IMPACT ANALYSIS: PRECAST CONCRETE MARKET 31

FIGURE 8 RESTRAINTS IMPACT ANALYSIS: PRECAST CONCRETE MARKET 32

FIGURE 9 SUPPLY CHAIN: GLOBAL PRECAST CONCRETE MARKET 34

FIGURE 10 GLOBAL PRECAST CONCRETE MARKET, BY PRODUCT, 2020 (% SHARE - VALUE) 42

FIGURE 11 WALLS: PRECAST CONCRETE MARKET, BY TYPE, 2020 (% SHARE - VALUE) 43

FIGURE 12 GLOBAL PRECAST CONCRETE MARKET, BY TECHNOLOGY, 2020 (% SHARE - VALUE) 47

FIGURE 13 GLOBAL PRECAST CONCRETE MARKET, BY END-USE, 2020 (% SHARE - VALUE) 50

FIGURE 14 GLOBAL PRECAST CONCRETE MARKET SHARE, BY REGION, 2020 (% SHARE - VALUE) 52

FIGURE 15 NORTH AMERICA: PRECAST CONCRETE MARKET SHARE, BY COUNTRY, 2020 (% SHARE - VALUE) 54

FIGURE 16 EUROPE: PRECAST CONCRETE MARKET SHARE, BY COUNTRY, 2020 (% SHARE - VALUE) 64

FIGURE 17 ASIA-PACIFIC: PRECAST CONCRETE MARKET SHARE, BY COUNTRY, 2020 (% SHARE - VALUE) 84

FIGURE 18 REST OF THE WORLD: PRECAST CONCRETE MARKET SHARE, BY REGION, 2020 (% SHARE - VALUE) 102

FIGURE 19 MARKET SHARE ANALYSIS PRECAST CONCRETE MARKET, 2020 (%): KEY COMPETITORS 115

FIGURE 20 COMPETITIVE BENCHMARKING OF MAJOR COMPETITORS: PRECAST CONCRETE MARKET 116

FIGURE 21 METROMONT CORPORATION SWOT ANALYSIS 119

FIGURE 22 CORESLAB STRUCTURES: SWOT ANALYSIS 121

FIGURE 23 CRH: SALES REVENUE, 2020-2027 (USD MILLION) 122

FIGURE 24 CRH: SEGMENTAL REVENUE, 2020 (%) 123

FIGURE 25 CRH: GEOGRAPHIC REVENUE, 2020 (%) 123

FIGURE 26 CRH: SWOT ANALYSIS 124

FIGURE 27 COLTMAN PRECAST CONCRETE LIMITED: SWOT ANALYSIS 126

FIGURE 28 HEIDELBERGCEMENT AG: TOTAL REVENUE, 2015–2020 (USD MILLION) 127

FIGURE 29 HEIDELBERGCEMENT AG: SEGMENTAL REVENUE, 2020 (%) 128

FIGURE 30 HEIDELBERGCEMENT AG: REGIONAL REVENUE, 2020 (%) 128

FIGURE 31 HEIDELBERGCEMENT AG: SWOT ANALYSIS 129

FIGURE 32 TAIHEIYO CEMENT CORPORATION: TOTAL REVENUE, 2015–2020 (USD MILLION) 130

FIGURE 33 TAIHEIYO CEMENT CORPORATION: SEGMENTAL REVENUE, 2020 (%) 131

FIGURE 34 TAIHEIYO CEMENT CORPORATION: REGIONAL REVENUE, 2020 (%) 131

FIGURE 35 TAIHEIYO CEMENT CORPORATION: SWOT ANALYSIS 132

FIGURE 36 SMEET: SWOT ANALYSIS 134

FIGURE 37 LARSEN & TOUBRO LIMITED: TOTAL REVENUE, 2020-2027 (USD MILLION) 135

FIGURE 38 LARSEN & TOUBRO LIMITED: SEGMENTAL REVENUE, 2020 (%) 136

FIGURE 39 LARSEN & TOUBRO LIMITED: REGIONAL REVENUE, 2020 (%) 136

FIGURE 40 LARSEN & TOUBRO LIMITED: SWOT ANALYSIS 137

FIGURE 41 JENSEN PRECAST: SWOT ANALYSIS 139

FIGURE 42 SKANSKA AB: TOTAL REVENUE, 2020-2027 (USD MILLION) 140

FIGURE 43 SKANSKA AB: REGIONAL REVENUE, 2020 (%) 141

FIGURE 44 SKANSKA AB: SWOT ANALYSIS 141

FIGURE 45 TINDALL CORPORATION: SWOT ANALYSIS 143

FIGURE 46 MOLIN CONCRETE PRODUCTS COMPANY, INC.: SWOT ANALYSIS 145

Global Precast Concrete Market- Competitive Landscape


Market Research Future includes following key players for global sandwich panels market research study: Jensen Precast (US), SKANSKA AB (Sweden), Tindall Corporation (US), Molin Concrete Products Company, Inc. (US), Metromont Corporation (US), Coreslab Structures (US), CRH(US), Coltman Precast Concrete Limited (UK), HeidelbergCement AG (Germany), Taiheiyo Cement (Tokyo), SMEET (Qatar), and Larsen & Toubro Limited (India)


The market share analysis is derived by considering various factors such as financial position, segmental R&D investment, product innovations, corporate strength, product portfolio, strategy analysis, and, key innovations in the market among other factors. The major players holding prominent position in the Market are CRH(US), HeidelbergCement AG (Germany), and Taiheiyo Cement (Tokyo), are among others.


According to MRFR analysis, CRH is currently leading the global industrial automation market with 8.75% market share. CRH is one of the global manufacturers of precast concrete and majorly operates in the US. The group carries out manufacturing and distribution in more than 32 countries with over 3,600 location across the operating regions. Its building materials products are offered in all five continents through a distribution network. It focuses on the expansion of its balanced portfolio of varied products with mergers and collaboration with renowned suppliers and distributors.


HeidelbergCement AG is the second largest company offering sandwich panels with 2.64% of the total market share HeidelbergCement is one of the leading manufacturers of building materials in the world. It has presence in about 60 countries of five continents. Its products are used for the construction of residential, commercial and industrial structures. It differentiates its products through high level of customer focus and service quality, and continuous improvement of its products and services.


Taiheiyo Cement (Tokyo) holds the third largest market share of the market with 0.33%. Taiheiyo Cement Corporation is in the business of cement, mineral resources, environmental, and construction materials businesses in Japan and across the world. Its construction materials segment offers precast concrete products, concrete housing products, and, acoustic panels, used in the reduction of construction noise and fireproof covering materials mostly used in tunnels. The company mainly focuses on acquisition of other players for its market growth.