Precast concrete market is anticipated to grow at a CAGR of nearly 5.8% during the forecast period. The market growth is primarily driven by the factors such as, booming in the construction industry, rapid urbanization, and demand for cost-efffective, low maintenance construction products. Apart from this, the growing investments in infrastructure development projects in the Asia-Pacific region are expected to be the primary factors driving the product demand over the forecast period. Moreover, columns and beams are the basic raw material which is to be used in the construction of buildings, lyovers, and bridges as it provides a strength to the building, minimizes the maintenance cost,therefore it is more suitable for architectural projects. Owing to this attributable reason, the demand for columns and beams has increases over the forecast period.
COVID-19 has significantly affected the building and construction industry. The pandemic has abruptly terminated the activities related to construction and infrastructure. The market was hampered due to the slower supply of basic raw material, strict lockdown hampered the movement of material and labor. However, the increase in the number of COVID-19 cases boosted the demand for modular buildings and hospitals. The governments started taking the initiative for building more and more healthcare units to provide treatment for COVID-19 patients. For instance, in March 2020, Larsen and Toubro, has built an exclusive hospital in Tamil Nadu state, with the capacity of 50-100 beds for the treatment of COVID-19 patients.
To Request a Sample of our Report on Precast Concrete Market: https://www.omrglobal.com/request-sample/precast-concrete-market
Precast Concrete Market Segmentation
By Product
- Columns & Beams
- Walls
- Staircases
- Pipes
By Construction Type
- Modular
- Manufactured Homes
By End-User
- Residential
- Non-Residential
A full Report of Precast Concrete Market is Available @ https://www.omrglobal.com/industry-reports/precast-concrete-market
Regional Analysis
North America
· United States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest of Europe
Asia-Pacific
· India
· China
· Japan
· South Korea
· Rest of APAC
Rest of the World
Company Profiles
- Balfour Beatty Plc
- Bouygues Construction
- Cemex
- EBAWE Anlagentechnik GmbH
- ElematicOyj
- ELO Concrete
- Gulf Precast Concrete Co llc
- HeidelbergCement AG
- Julius Berger Nigeria Plc
- Kiewit Corp
- Komatsu Ltd
- Larsen & Toubro Ltd
- NRW.Global Business GmbH
- Olson Precast Comp
- Putzmeister Comp
- RED SEA International
- Spiroll Precast Services Ltd
- TAISEI Corp
- Tindall Corp
- WeckenmannAnlagentechnik GmbH & Co. KG
Reasons to buy from us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/precast-concrete-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
Article source: https://article-realm.com/article/Business/62565-Precast-Concrete-Market-to-Signify-Strong-Growth-by-2024-2031.html
Reviews
Comments
Most Recent Articles
- Nov 5, 2024 Affordable, World-Class MBBS in Uzbekistan with Ria Overseas’ Expert Guidance by Mbbsinblog
- Nov 5, 2024 Acute and Chronic Allergic Conjunctivitis Treatment Market Size Analysis 2031 by faraz pathan
- Nov 5, 2024 Affordable, Quality Medical Education with Global Recognition for Indian Students by Mbbsinblog
- Nov 5, 2024 Remote Electrical Tilt Device Market Revenue, Industry Growing Demand Up To 2031 by faraz pathan
- Nov 4, 2024 Directory of Waste Management Companies - Waste Management Directory by EcoHubMap
Most Viewed Articles
- 4095 hits Flexographic Printing Plates Market Size, Share, Report 2024-32 by ellyse perry
- 2717 hits Mist Sprayer Pumps Market Demands, Trends, Industry Analysis, Segmentation by 2032 by ellamrfr
- 1309 hits Plastic Bottles and Containers Market to Signify Strong Growth by 2024-2031 by mansi jain
- 818 hits Thin Wall Packaging Market to Witness Growth Acceleration by 2029 by faraz pathan
- 759 hits Air Traffic Control Equipment Market to Witness Robust Expansion by 2029 by faraz pathan
Popular Articles
In today’s competitive world, one must be knowledgeable about the latest online business that works effectively through seo services....
77514 Views
Are you caught in between seo companies introduced by a friend, researched by you, or advertised by a particular site? If that is the...
33028 Views
Walmart is being sued by a customer alleging racial discrimination. The customer who has filed a lawsuit against the retailer claims that it...
14055 Views
If you have an idea for a new product, you can start by performing a patent search. This will help you decide whether your idea could become the...
11257 Views
Facebook, the best and most used social app in the world, has all the social features you need. However, one feature is missing. You cannot chat...
10694 Views
Statistics
| Members | |
|---|---|
| Members: | 15673 |
| Publishing | |
|---|---|
| Articles: | 64,357 |
| Categories: | 202 |
| Online | |
|---|---|
| Active Users: | 31 |
| Members: | 2 |
| Guests: | 29 |
| Bots: | 1671 |
| Visits last 24h (live): | 2163 |
| Visits last 24h (bots): | 24962 |
