CHICAGO , Aug. 9, 2022 /PRNewswire/ -- Precast Concrete Market size is projected to grow from USD 144.6 billion in 2022 to USD 198.9 billion by 2027, at a CAGR of 6.6% from 2022 to 2027, according to a new report by MarketsandMarkets™. The growth of the precast concrete market is attributed to the reduced construction time, improved productivity, reduced construction cost and less environmental impact. The growing need for cost-effective, safe, and green construction material is expected to drive the demand for precast concrete.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=125074015
Browse in-depth TOC on "Precast Concrete Market" 472 – Tables 53 – Figures 323 – Pages
Columns & beams segment to dominate the precast concrete market during forecast period
In terms of value, the columns & beams segment is projected to lead the precast concrete market. This is attributed to its extensive use in both non-residential and residential end-use industry. Growing construction industry coupled with rising need for cost-effective, efficient, and rapid construction process is expected to drive the demand for the precast column and beams. Moreover, the growing demand of residential construction due to urbanization and increasing non-residential construction spending by governmental authorities in emerging economies of Asia Pacific , Middle East & Africa , and South America will drive the market demand during forecast period.
Elemental construction segment to dominate the precast concrete market during the forecast period
In terms of value and volume, the elemental construction segment is projected to lead the precast concrete market. Factory made precast elements ensures excellent finish, strength, dimensional tolerances, adequate consistency and quality controls. Building an entire structure using precast elements expedite construction, reduces time on site and defects, reduces labor cost, and lowers propping and scaffolding costs. All these factors attribute to the elemental construction to be most popular construction type among builders and contractors.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=125074015
Non-residential segment to dominate the precast concrete market during the forecast period
In terms of value and volume, the non-residential segment is projected to lead the precast concrete market. According to American Institute of Architects (AIA), the recovering in manufacturing sector, growing retail facilities will ensure an optimistic future growth of the market. The industrial sector is expected to pace the building construction upturn in 2022 and 2023, while the institutional sector is forecast to begin its recovery this year and accelerate moving into 2023. This will drive the demand for non-residential market during forecast period.
The Asia Pacific region is to dominate the precast concrete market during the forecast period
In terms of value and volume, the Asia Pacific region is projected to lead the precast concrete market. The major factor attributed to the growth of the market is the large-scale government investments in the infrastructure sector in the region. Moreover, the increasing population and rising incomes are driving the per capita spending on construction. China and India are projected to be lucrative market due to their ongoing and upcoming infrastructural construction projects as well as rising consumer spending on construction projects.
Cemex S.A.B de C.V. (Mexico ), Boral Limited (Australia ), LafargeHolcim Ltd. (Switzerland ), Balfour Beatty plc (UK), CRH Plc (UK), Skanska AB (Sweden ), Forterra, Inc. (US), DeVinci Precast (US), Atco Concrete Products N.V. (Netherlands ), Beaver Gulf Precast Concrete (Dubai ), are the key players operating in the precast concrete market. Acquisitions, expansions, contracts, agreements & partnerships, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the precast concrete market.
Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=125074015
Browse Adjacent Markets: Building and Construction Market Research Reports & Consulting
3D Concrete Printing Market by Offering (Printing Services, Materials), Technique (Extrusion-based, Powder-based), End-use sector (Building, Infrastructure) and Region (Americas, Asia Pacific , Europe , Middle East ) - Global Forecast to 2023
Concrete Superplasticizers Market by Type (PC, SNF, SMF, MLF), Application (Ready-Mix Concrete, Precast Concrete, High Performance Concrete), and Region (North America , APAC, Europe , South America , the Middle East & Africa ) - Global Forecast to 2024
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : +1-888-600-6441 Email: sales@marketsandmarkets.com Research Insight: https://www.marketsandmarkets.com/ResearchInsight/prefabricated-construction-market.asp Visit Our Website: https://www.marketsandmarkets.com/ Content Source: https://www.marketsandmarkets.com/PressReleases/prefabricated-construction.asp
Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg
View original content:https://www.prnewswire.com/news-releases/precast-concrete-market-worth-198-9-billion-by-2027--exclusive-report-by-marketsandmarkets-301602217.html
The major stock market indexes relinquished morning gains in afternoon trading on Friday, dropping to lows for the day. Market players hit the exits on news that Russia will suspend natural gas pipeline shipments to Germany. The Nasdaq changed course, now down 0.5%. The S&P 500 has shed 0.2% while the Dow Jones Industrial Average has dropped 0.2%. The Russell...
In this article, we will discuss some of the best stocks to buy according to Dave Smith, Chief Investment Officer at investment management company Rockland Trust. If you want to explore similar stocks, you can also look at Long-Term Analyst: Buy These 5 Stocks. David Smith has been in the financial services industry for over […]
Cathie Wood's ARK Invest cut its stake in Nvidia ahead of the graphic chipmaker's results last month. Now it's snapped up the stock which has dropped to a 52-week low.
Orchid Island Capital Corp. (NYSE: ORC) is a finance company that acquires, invests in and offers financing from U.S. residential mortgage-backed securities (MBS). The Florida mortgage real estate investment trust (REIT) initiated an IPO in March 2013 at a price of $14.50. Its monthly dividend of $0.135 returned an approximate annual yield of 11%. However, in the last few years, the stock price has floundered, and ORC has reduced its dividend payment several times. Orchid’s price had recently be
Donald Trump wanted to disrupt the hegemony of the Silicon Valley giants. Things don't seem to be going the way the former president wanted.
Ready to go bottom fishing again? Any good angler can tell you that there’s plenty of good eating just waiting at the bottom of the creek, or the pond, or the lake. The same concept also holds for stocks – investors can always find some quality equities down at the market bottoms. Stocks get down there for a multitude of reasons, and the reasons aren’t always related to any fundamental flaw in the company or its share trading policies. Sometimes, it’s some idiosyncratic business move, or over-re
Finally, investors have a good reason for why the U.S. stock market will suffer above-average volatility and below-average performance this month: It’s the Fed. Relatively few advisers are focusing on this outcome — at least among the more than 100 I regularly monitor.
In this article, we will take a look at the 10 tech stocks recently downgraded by analysts. If you want to see some other tech stocks receiving updated recommendations from analysts, go directly to Analysts are Downgrading These 5 Tech Stocks. Notable stocks from the tech sector, including HP Inc. (NYSE:HPQ), NVIDIA Corporation (NASDAQ:NVDA) and […]
(Bloomberg) -- Amazon.com Inc., determined to reduce the size of its sprawling delivery operation amid slowing sales growth, has abandoned dozens of existing and planned facilities around the US, according to a closely watched consulting firm. Most Read from BloombergAmazon Closes, Abandons Plans for Dozens of US WarehousesGazprom Won’t Reopen Gas Pipeline in Energy Shock to EuropeStocks Suffer Third Weekly Loss on Rate-Hike Woes: Markets WrapLukoil Chairman Ravil Maganov Dies After Falling From
KeyBanc Capital Markets Equity Research Analyst John Vinh joins Yahoo Finance Live to discuss Broadcom earnings, chip stocks, supply chain issues, U.S. government banning the export of chips to China, and the outlook for the space.
The S&P 500 broke below 4,000 this week, for the first time since the end of July. It has investors wondering: Does this mark the low point of a roller coaster ride? Stocks rose all last year, fell from January to June, rallied from July to mid-August, and now are falling again. According to Wells Fargo strategist Paul Christopher, it’s evidence that the stock rally is sputtering to a halt. Christopher writes that “Cracks in financial market liquidity are appearing,” and says of the S&P 500, “3,
Yahoo Finance's Ines Ferré discusses how stocks are performing into the closing bell.
Aurora Cannabis, Canopy Growth, OrganiGram Holdings, and Tilray Brands are all in the red yet again today.
SEOUL/DETROIT (Reuters) -After grabbing the No. 2 spot in the U.S. electric vehicle market with stylish, long-range models, Hyundai Motor and Kia are the automakers with the most to lose from new rules that halt subsidies for EVs made outside North America. These two companies, which make the popular Ioniq 5 and EV6 models, sold more than 39,000 EVs in the United States between January and July – doubling last year's sales and blowing past Ford Motor Co, Volkswagen AG and General Motors Co. But the Inflation Reduction Act signed into law by U.S. President Joe Biden last month excludes Hyundai Motor Co and its affiliate Kia Corp from federal tax credits because they don't yet make EVs in North America, knocking their EV ambitions in the short term at least, a Hyundai official, parts suppliers, analysts and car dealers said.
Billionaire money managers have used the sizable market downturn to buy these seven stocks at a perceived discount.
Fast-growing cybersecurity company CrowdStrike (NASDAQ: CRWD) reported strong fiscal second-quarter results earlier this week. Its fiscal second-quarter revenue and adjusted earnings per share both came in higher than analysts' consensus forecasts, as annual recurring revenue soared 59% year over year, surpassing $2 billion for the first time. While it's true that CrowdStrike's business has been firing on all cylinders, there has been significant pressure on growth stocks in 2022 as investors appear to be more sensitive to valuation risk.
The stock plummeted after the U.S. government imposed new licensing requirements for advanced chip sales. Jefferies believes the contraction presents a buying opportunity.
Five years after Amazon announced that it would buy supermarket chain Whole Foods for $13.7 billion, a big new change has just taken place -- on September 1, incoming chief executive Jason Buechel is taking over for John Mackey. "As a co-founder of Whole Foods, I've often explained my relationship to the company with a parent-child metaphor," Buechel wrote in a letter announcing his retirement to Whole Foods Staff in September 2021. The transition took nearly a year and, now, former Chief Operating Officer Jason Buechel is stepping in to lead the high-end supermarket chain.
Some investors will be getting a bit of money back soon, the result of a big settlement between financial firm Vanguard and the Massachusetts Secretary of State. The $6.25 million settlement has to do with allegations that the firm failed … Continue reading → The post Does Vanguard Owe You Money? It's Paying Investors Millions appeared first on SmartAsset Blog.
FuelCell Energy's (FCEL) third-quarter fiscal 2022 earnings are likely to have benefited from the execution of projects and recurring revenues from long-term contracts.