Precast Concrete Market by Element (Columns & Beams, Floors & Roofs, Girders, Walls & Barriers, Utility Vaults), Construction Type (Elemental, Permanent Modular, Relocatable), End-use Sector (Residential, Non-residential) - Global Forecast to 2022

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Date: 12-Apr-2018
No. of pages: 165
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“The precast concrete market is projected to grow at a CAGR of 5.96%.”

The precast concrete market size is projected to grow at a CAGR of 5.96% during the forecast period, that is, 2017 to 2022, and reach USD 138.96 billion by 2022. The precast concrete market is driven by factors such as increasing urban population, increasing industrialization, and large-scale investments in the industrial and infrastructure sectors. Precast technology allows the construction of a larger number of structures with reduced time and costs, compared to conventional on-site construction methods. The precast method offers the benefits of high quality, increased efficiency, and better finishing. Lack of awareness regarding precast construction techniques and its benefits, along with volatility in transportation charges might restrain the demand for this type of construction.

“The elemental construction segment dominated the precast concrete market in 2016.”

The elemental construction segment dominated the precast concrete market in 2016 and is projected to be the fastest-growing segment during the forecast period. This growth can be attributed to factors such as keen interest from contractors and builders in using individual precast modules to build an entire structure across residential and non-residential construction sectors and increase in public and private investment in global infrastructural development, especially in the emerging economies of Asia Pacific and South America.

“Asia Pacific is expected to witness a high growth rate during the forecast period.”

The Asia Pacific market is projected to be the fastest-growing market during the forecast period. The major factor driving the growth of the market is the large-scale government investments in the infrastructure sector in this region. Additionally, the increasing population and rising incomes are driving the per capita spending on construction. The markets of China and India are projected to be lucrative due to their ongoing and upcoming infrastructural construction projects as well as rising consumer spending on construction sectors.

Breakdown of Primaries

Primary interviews were conducted with a number of industry experts in order to collect data related to different aspects of the precast concrete market. Estimates reached after analyzing secondary sources were validated through these interviews. Primary sources included professionals such as constructors, concrete suppliers, precast module manufacturers, distributors, consultants, and academic professionals. The distribution of primary interviews is as follows:


  • By Company Type: Tier 1 – 40%, Tier 2 – 35%, and Tier 3 – 25%

  • By Designation: C-level – 35%, Director Level – 40%, others* – 25%

  • By Region: North America – 25%, Europe – 10%, Asia Pacific – 40%, Middle East & Africa – 15%, South America – 10%


*Others include sales managers, marketing managers, and product managers.

The tier of the companies is defined on the basis of their total revenues, as of 2016.

Tier 1: Revenue > USD 5 billion; Tier 2: USD 1 billion < Revenue < USD 5 billion; Tier 3: Revenue < USD 1 billion

The various key players profiled in the report are as follows:


  • Actividades de Construcción y Servicios (Spain)

  • Bouygues Construction (France)

  • Larsen & Toubro (India)

  • Taisei (Japan)

  • Balfour Beatty (UK)

  • Skanska (Sweden)

  • CRH (UK)

  • Cemex S.A.B.DE C.V. (Mexico)

  • Laing O’Rourke (UK)

  • Julius Berger Nigeria (Nigeria)


Research Coverage

The primary objective of this study is to define, forecast, and segment the precast concrete market on the basis of element, construction type, end-use sector, and region. The study also aims at strategically analyzing micro markets with respect to individual growth trends, future prospects, and their contribution to the total market. It also provides detailed information about the key market dynamics that include drivers, restraints, opportunities, and industry-specific challenges. In addition, the study analyzes competitive developments such as contracts, mergers & acquisitions, expansions, new product developments, and research & development activities in the precast concrete market.

Reasons to buy the report

The report will help the market leaders/new entrants in this market in the following ways:


  • This report segments the precast concrete market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the sub segments across the different verticals and regions.

  • The report helps stakeholders to understand the market and provides them with information on key market drivers, restraints, opportunities, and challenges.

  • This report will help stakeholders to better understand their competitors and gain more insights into their position in the business. The competitive landscape section includes contracts, new product developments, acquisitions, agreements, partnerships, and expansions.

Precast Concrete Market by Element (Columns & Beams, Floors & Roofs, Girders, Walls & Barriers, Utility Vaults), Construction Type (Elemental, Permanent Modular, Relocatable), End-use Sector (Residential, Non-residential) - Global Forecast to 2022

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.3.1 Regional Scope
1.3.2 Periodization Considered
1.4 Currency Considered
1.5 Unit Considered
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primaries
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Research Assumptions & Limitations

3 Executive Summary

4 Premium Insights
4.1 Emerging Economies to Register High Growth in Terms of Demand for Precast Concrete
4.2 Precast Concrete Market, By Element
4.3 Precast Concrete Market, By Construction Type
4.4 Precast Concrete Market, By End-Use Sector
4.5 Asia Pacific Precast Concrete Market, By Element & Country
4.6 Precast Concrete Market: Key Countries

5 Market Overview
5.1 Introduction
5.1.1 Drivers
5.1.1.1 Increase in Population and Rapid Urbanization Translating to A Large Number of New Construction Projects
5.1.1.2 Growth in Infrastructure Investment and Industrialization
5.1.1.3 Increase in Concerns Toward Work-Zone Safety and Need for Lower Environmental Impacts
5.1.1.4 Need for Reduced Construction Time and Cost
5.1.1.5 Ease of Installation and Removal
5.1.2 Restraints
5.1.2.1 Economic Downturn in Major Regions
5.1.3 Opportunities
5.1.3.1 Rise in New Construction Projects in the Emerging Economies
5.1.4 Challenges
5.1.4.1 Lack of Awareness About the Precast Concrete Method Among End Users
5.1.4.2 Volatility in Transportation Charges Can Create an Unpredictable Business Environment

6 Industry Trends
6.1 Introduction
6.2 Supply Chain
6.2.1 Product Development & Distribution are an Integral Part of the Supply Chain in the Precast Concrete Market
6.2.2 Prominent Companies
6.2.3 Small & Medium Enterprises
6.3 Porter’s Five Forces Analysis
6.3.1 Threat of New Entrants
6.3.2 Threat of Substitutes
6.3.3 Bargaining Power of Suppliers
6.3.4 Bargaining Power of Buyers
6.3.5 Intensity of Competitive Rivalry
6.4 Macro Economic Factors
6.4.1 Rising Population
6.4.2 Increase in Middle-Class Population, 2009–2030
6.4.3 Developing Economics, GDP (Purchasing Power Parity), 2015
6.4.4 GDP & Contribution to the Construction Industry, By Country

7 Precast Concrete Market, By Element
7.1 Introduction
7.2 Columns & Beams
7.3 Walls & Barriers
7.4 Floors & Roofs
7.5 Utility Vaults
7.6 Girders
7.7 Pipes
7.8 Paving Slabs
7.9 Others

8 Precast Concrete Market, By Construction Type
8.1 Introduction
8.2 Elemental Construction
8.3 Permanent Modular Buildings
8.4 Relocatable Buildings

9 Precast Concrete Market, By End-Use Sector
9.1 Introduction
9.2 Non-Residential
9.3 Residential

10 Precast Concrete Market, By Region
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 Italy
10.3.3 Russia
10.3.4 France
10.3.5 UK
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 China
10.4.2 Japan
10.4.3 Australia
10.4.4 India
10.4.5 Indonesia
10.4.6 Rest of Asia Pacific
10.5 Middle East & Africa
10.5.1 UAE
10.5.2 Saudi Arabia
10.5.3 South Africa
10.5.4 Turkey
10.5.5 Rest of Middle East & Africa
10.6 South America
10.6.1 Brazil
10.6.2 Argentina
10.6.3 Rest of South America

11 Competitive Landscape
11.1 Overview
11.2 Market Ranking
11.3 Competitive Scenario
11.3.1 Contracts, Collaborations, Partnerships, Agreements & Joint Ventures
11.3.2 Investments, Expansions & Divestments
11.3.3 Acquisitions
11.3.4 New Product Launches

12 Company Profiles
(Business Overview, Services Offered, Recent Developments, SWOT Analysis, MnM View)*
12.1 ACS, Actividades De Construccion Y Servicios, S.A.
12.2 Bouygues Construction
12.3 Cemex S.A.B. De C.V.
12.4 Balfour Beatty PLC
12.5 Laing O’rourke
12.6 Larsen & Toubro Limited
12.7 Taisei Corporation
12.8 Skanska Ab
12.9 CRH PLC
12.10 Julius Berger Nigeria PLC
12.11 Red Sea Housing Services
12.12 Atco Group
12.13 Vinci
12.14 Kiewit Corporation
*Details on Business Overview, Services Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.
12.15 Other Players
12.15.1 Oldcastle Precast
12.15.2 Komatsu Ltd.
12.15.3 Modular Space Corporation
12.15.4 KEF Infrastructure India Pvt. Ltd.
12.15.5 Preca Solutions India Pvt. Ltd.
12.15.6 Nanaimo Precast
12.15.7 Coreslab Structures
12.15.8 Coltman Precast Concrete Ltd.
12.15.9 Metromont Corporation
12.15.10 Styl-Comp Group
12.15.11 Smeet Precast

13 Appendix
13.1 Discussion Guide
13.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
13.3 Introducing RT: Real-Time Market Intelligence
13.4 Available Customizations
13.5 Related Reports
13.6 Author Details

List of Tables

Table 1 Asia Pacific Urbanization Trend, 1990–2050
Table 2 North America: GDP, By Country, 2015–2022 (USD Billion)
Table 3 North America: Contribution to the Construction Industry, By Country, 2014–2021 (USD Billion)
Table 4 Europe: GDP, By Country, 2015–2022 (USD Billion)
Table 5 Europe: Contribution to the Construction Industry, By Country, 2014–2021 (USD Billion)
Table 6 Asia Pacific: GDP, By Country, 2015–2022 (USD Billion)
Table 7 Asia Pacific: Contribution to the Construction Industry, By Country, 2014–2021 (USD Billion)
Table 8 Middle East & Africa: GDP, By Country, 2015–2022 (USD Billion)
Table 9 Middle East & Africa: Contribution to the Construction Industry, By Country, 2014–2021 (USD Billion)
Table 10 South America: GDP, By Country, 2015–2022 (USD Billion)
Table 11 South America: Contribution to the Construction Industry, By Country, 2014–2021 (USD Billion)
Table 12 Precast Concrete Market Size, By Element, 2015–2022 (USD Million)
Table 13 Precast Concrete Market Size, By Element, 2015–2022 (Million Square Feet)
Table 14 Precast Concrete Market Size, By Construction Type, 2015–2022 (USD Million)
Table 15 Precast Concrete Market Size, By Construction Type, 2015–2022 (Million Square Feet)
Table 16 Precast Concrete Market Size, By End-Use Sector, 2015–2022 (USD Billion)
Table 17 Precast Concrete Market Size, By End-Use Sector, 2015–2022 (Million Square Feet)
Table 18 Precast Concrete Market Size, By Region, 2015–2022 (USD Million)
Table 19 Precast Concrete Market Size, By Region, 2015–2022 (Million Square Feet)
Table 20 North America: Precast Concrete Market Size, By Country, 2015–2022 (USD Million)
Table 21 North America: Precast Concrete Market Size, By Country, 2015–2022 (Million Square Feet)
Table 22 North America: Precast Concrete Market Size, By Element, 2015–2022 (USD Million)
Table 23 North America: Precast Concrete Market Size, By Element, 2015–2022 (Million Square Feet)
Table 24 North America: Precast Concrete Market Size, By End-Use Sector, 2015–2022 (USD Million)
Table 25 North America: Precast Concrete Market Size, By End-Use Sector, 2015–2022 (Million Square Feet)
Table 26 US: Precast Concrete Market Size, By Element, 2015–2022 (USD Million)
Table 27 US: Precast Concrete Market Size, By Element, 2015–2022 (Million Square Feet)
Table 28 Canada: Precast Concrete Market Size, By Element, 2015–2022 (USD Million)
Table 29 Canada: Precast Concrete Market Size, By Element, 2015–2022 (Million Square Feet)
Table 30 Mexico: Precast Concrete Market Size, By Element, 2015–2022 (USD Million)
Table 31 Mexico: Precast Concrete Market Size, By Element, 2015–2022 (Million Square Feet)
Table 32 Europe: Precast Concrete Market Size, By Country, 2015–2022 (USD Million)
Table 33 Europe: Precast Concrete Market Size, By Country, 2015–2022 (Million Square Feet)
Table 34 Europe: Precast Concrete Market Size, By Element, 2015–2022 (USD Million)
Table 35 Europe: Precast Concrete Market Size, By Element, 2015–2022 (Million Square Feet)
Table 36 Europe: Precast Concrete Market Size, By End-Use Sector, 2015–2022 (USD Million)
Table 37 Europe: Precast Concrete Market Size, By End-Use Sector, 2015–2022 (Million Square Feet)
Table 38 Germany: Precast Concrete Market Size, By Element, 2015–2022 (USD Million)
Table 39 Germany: Precast Concrete Market Size, By Element, 2015–2022 (Million Square Feet)
Table 40 Italy: Precast Concrete Market Size, By Element, 2015–2022 (USD Million)
Table 41 Italy: Precast Concrete Market Size, By Element, 2015–2022 (Million Square Feet)
Table 42 Russia: Precast Concrete Market Size, By Element, 2015–2022 (USD Million)
Table 43 Russia: Precast Concrete Market Size, By Element, 2015–2022 (Million Square Feet)
Table 44 France: Precast Concrete Market Size, By Element, 2015–2022 (USD Million)
Table 45 France: Precast Concrete Market Size, By Element, 2015–2022 (Million Square Feet)
Table 46 UK: Precast Concrete Market Size, By Element, 2015–2022 (USD Million)
Table 47 UK: Precast Concrete Market Size, By Element, 2015–2022 (Million Square Feet)
Table 48 Rest of Europe: Precast Concrete Market Size, By Element, 2015–2022 (USD Million)
Table 49 Rest of Europe: Precast Concrete Market Size, By Element, 2015–2022 (Million Square Feet)
Table 50 Asia Pacific: Precast Concrete Market Size, By Country, 2015–2022 (USD Million)
Table 51 Asia Pacific: Precast Concrete Market Size, By Country, 2015–2022 (Million Square Feet)
Table 52 Asia Pacific: Precast Concrete Market Size, By Element, 2015–2022 (USD Million)
Table 53 Asia Pacific: Precast Concrete Market Size, By Element, 2015–2022 (Million Square Feet)
Table 54 Asia Pacific: Precast Concrete Market Size, By End-Use Sector, 2015–2022 (USD Million)
Table 55 Asia Pacific: Precast Concrete Market Size, By End-Use Sector, 2015–2022 (Million Square Feet)
Table 56 China: Precast Concrete Market Size, By Element, 2015–2022 (USD Million)
Table 57 China: Precast Concrete Market Size, By Element, 2015–2022 (Million Square Feet)
Table 58 Japan: Precast Concrete Market Size, By Element, 2015–2022 (USD Million)
Table 59 Japan: Precast Concrete Market Size, By Element, 2015–2022 (Million Square Feet)
Table 60 Australia: Precast Concrete Market Size, By Element, 2015–2022 (USD Million)
Table 61 Australia: Precast Concrete Market Size, By Element, 2015–2022 (Million Square Feet)
Table 62 India: Precast Concrete Market Size, By Element, 2015–2022 (USD Million)
Table 63 India: Precast Concrete Market Size, By Element, 2015–2022 (Million Square Feet)
Table 64 Indonesia: Precast Concrete Market Size, By Element, 2015–2022 (USD Million)
Table 65 Indonesia: Precast Concrete Market Size, By Element, 2015–2022 (Million Square Feet)
Table 66 Rest of Asia Pacific: Precast Concrete Market Size, By Element, 2015–2022 (USD Million)
Table 67 Rest of Asia Pacific: Precast Concrete Market Size, By Element, 2015–2022 (Million Square Feet)
Table 68 Middle East & Africa: Precast Concrete Market Size, By Country, 2015–2022 (USD Million)
Table 69 Middle East & Africa: Precast Concrete Market Size, By Country, 2015–2022 (Million Square Feet)
Table 70 Middle East & Africa: Precast Concrete Market Size, By Element, 2015–2022 (USD Million)
Table 71 Middle East & Africa: Precast Concrete Market Size, By Element, 2015–2022 (Million Square Feet)
Table 72 Middle East & Africa: Precast Concrete Market Size, By End-Use Sector, 2015–2022 (USD Million)
Table 73 Middle East & Africa: Precast Concrete Market Size, By End-Use Sector, 2015–2022 (Million Square Feet)
Table 74 UAE: Precast Concrete Market Size, By Element, 2015–2022 (USD Million)
Table 75 UAE: Precast Concrete Market Size, By Element, 2015–2022 (Million Square Feet)
Table 76 Saudi Arabia: Precast Concrete Market Size, By Element, 2015–2022 (USD Million)
Table 77 Saudi Arabia: Precast Concrete Market Size, By Element, 2015–2022 (Million Square Feet)
Table 78 South Africa: Precast Concrete Market Size, By Element, 2015–2022 (USD Million)
Table 79 South Africa: Precast Concrete Market Size, By Element, 2015–2022 (Million Square Feet)
Table 80 Turkey: Precast Concrete Market Size, By Element, 2015–2022 (USD Million)
Table 81 Turkey: Precast Concrete Market Size, By Element, 2015–2022 (Million Square Feet)
Table 82 Rest of Middle East & Africa: Precast Concrete Market Size, By Element, 2015–2022 (USD Million)
Table 83 Rest of Middle East & Africa: Precast Concrete Market Size, By Element, 2015–2022 (Million Square Feet)
Table 84 South America: Precast Concrete Market Size, By Country, 2015–2022 (USD Million)
Table 85 South America: Precast Concrete Market Size, By Country, 2015–2022 (Million Square Feet)
Table 86 South America: Precast Concrete Market Size, By Element, 2015–2022 (USD Million)
Table 87 South America: Precast Concrete Market Size, By Element, 2015–2022 (Million Square Feet)
Table 88 South America: Precast Concrete Market Size, By End-Use Sector, 2015–2022 (USD Million)
Table 89 South America: Precast Concrete Market Size, By End-Use Sector, 2015–2022 (Million Square Feet)
Table 90 Brazil: Precast Concrete Market Size, By Element, 2015–2022 (USD Million)
Table 91 Brazil: Precast Concrete Market Size, By Element, 2015–2022 (Million Square Feet)
Table 92 Argentina: Precast Concrete Market Size, By Element, 2015–2022 (USD Million)
Table 93 Argentina: Precast Concrete Market Size, By Element, 2015–2022 (Million Square Feet)
Table 94 Rest of South America: Precast Concrete Market Size, By Element, 2015–2022 (USD Million)
Table 95 Rest of South America: Precast Concrete Market Size, By Element, 2015–2022 (Million Square Feet)
Table 96 Partnerships, Agreements, Contracts, Collaborations, & Joint Ventures, 2017–2018
Table 97 Investments, Expansions & Divestments, 2016–2018
Table 98 Acquisitions, 2016–2018
Table 99 New Product Launches, 2016

List of Figures

Figure 1 Precast Concrete Market Segmentation
Figure 2 Precast Concrete Market, By Region
Figure 3 Precast Concrete Market: Research Design
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Precast Concrete Market: Data Triangulation
Figure 7 Assumptions of the Research Study
Figure 8 Limitations of the Research Study
Figure 9 Columns & Beams Segment is Projected to Be the Largest in the Precast Concrete Market, By Element, By 2022
Figure 10 Precast Concrete Market, By Construction Type, Was Dominated By the Elemental Construction Segment in 2016
Figure 11 Precast Concrete in the Non-Residential Sector is Projected to Grow at A Higher Rate During the Forecast Period
Figure 12 Asia Pacific Dominated the Precast Concrete Market in 2016
Figure 13 Market Growth is Attributed to the Growth of Construction Industry in Developing Countries
Figure 14 Utility Vaults to Dominate the Precast Concrete Market Through 2022
Figure 15 Elemental Construction to Grow at the Highest CAGR in the Precast Concrete Market
Figure 16 Non-Residential Segment to Dominate the Precast Concrete Market Through 2022
Figure 17 China Accounted for the Largest Share in 2016
Figure 18 China is Projected to Grow at the Highest Rate From 2017 to 2022
Figure 19 Rapid Urbanization and Industrialization are the Key Drivers of the Precast Concrete Market
Figure 20 Global GDP Growth Trend, 2005–2016
Figure 21 Supply Chain Analysis
Figure 22 Porter’s Five Forces Analysis
Figure 23 Projected GDP Per Capita, By Country
Figure 24 Precast Concrete Market Size, By Element, 2017 vs 2022
Figure 25 Precast Concrete Market Size, By Construction Type, 2017 vs 2022
Figure 26 Precast Concrete Market Size, By End-Use Sector, 2017 vs 2022
Figure 27 Geographic Snapshot (2017–2022): the Market in China is Projected to Grow at the Highest Rate, By Value
Figure 28 North America: Precast Concrete Market Snapshot: the US is Projected to Be the Fastest-Growing Market During the Forecast Period (2017–2022)
Figure 29 Europe: Precast Concrete Market Snapshot: Germany is Projected to Be the Fastest-Growing Country During the Forecast Period (2017–2022)
Figure 30 Asia Pacific: Precast Concrete Market Snapshot: China is Projected to Be the Fastest-Growing Country During the Forecast Period (2017–2022)
Figure 31 Companies Adopted Contracts, Collaborations, Partnership, Joint Ventures & Agreements as Key Growth Strategies From 2014 to 2018
Figure 32 ACS, Actividades De Construccion Y Servicios, S.A.: Company Snapshot
Figure 33 ACS, Actividades De Construccion Y Servicios, S.A.: SWOT Analysis
Figure 34 Bouygues Construction: Company Snapshot
Figure 35 Bouygues Construction: SWOT Analysis
Figure 36 Cemex S.A.B. De C.V.: Company Snapshot
Figure 37 Cemex S.A.B. De C.V.: SWOT Analysis
Figure 38 Balfour Beatty PLC: Company Snapshot
Figure 39 Balfour Beatty PLC: SWOT Analysis
Figure 40 Laing O’rourke: Company Snapshot
Figure 41 Laing O’rourke: SWOT Analysis
Figure 42 Larsen & Toubro Limited: Company Snapshot
Figure 43 Taisei Corporation: Company Snapshot
Figure 44 CRH PLC: Company Snapshot
Figure 45 Julius Berger Nigeria PLC: Company Snapshot
Figure 46 Red Sea Housing Services: Company Snapshot
Figure 47 Atco Group: Company Snapshot
Figure 48 Vinci: Company Snapshot

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