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NEW YORK , Nov. 26, 2021 /PRNewswire/ -- The precast concrete market is set to grow by USD 16.43 bn from 2020 to 2025, progressing at a CAGR of 3.32%. This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. The precast concrete market analysis includes product and geography landscape.
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The precast concrete market report covers insights on major trends, key growth drivers, and challenges impacting the overall growth of the market. The report identifies the increase in concerns towards work-area safety and the need to lower the environmental impact as one of the major factors driving the growth of the market.
The Precast Concrete Market covers the following areas:
Precast Concrete Market Sizing Precast Concrete Market Forecast Precast Concrete Market Analysis
Technavio offers an up-to-date analysis of the geographical composition of the market as well as competitive intelligence and regional opportunities in store for vendors. The precast concrete market has been segmented into five regions, namely APAC, Europe , North America , South America , and MEA. According to our analysis, 42% of the market's growth will originate from APAC during the forecast period. China and India are the key countries for the precast concrete market in the region. APAC has been recording a significant growth rate. Hence, it is expected to offer several growth opportunities to market vendors during the forecast period. Growing urbanization and industrialization will drive the precast concrete market growth in APAC.
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Accelerate at a CAGR of 3.32%
APAC, Europe, North America, South America, and MEA
China, US, Germany, France, and India
Leading companies, competitive strategies, consumer engagement scope
Boral Ltd., CEMEX SAB de CV, CRH Plc, Forterra Inc., Gulf Precast Concrete Co. LLC, Julius Berger Nigeria Plc, Kiewit Corp., LafargeHolcim Ltd., Larsen and Toubro Ltd., and Tindall Corp.
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/
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