Europe Precast Concrete Market Forecast 2022-2030

Europe Precast Concrete Market Forecast 2022-2030

KEY FINDINGS

The Europe precast concrete market is projected to progress with a CAGR of 5.21% during the estimated years of 2022 to 2030. The market growth of the region is linked to key factors, such as the rise in construction activities on account of low mortgage rates, the rapid development of the automotive and manufacturing industry, as well as increasing private investments in emerging countries.

MARKET INSIGHTS

The Europe precast concrete market growth evaluation includes the assessment of the United Kingdom, Italy, Spain, Nordic Countries, Germany, France, and Rest of Europe. With the second-largest population in Europe, France is regarded as the third-largest economy in the region. Moreover, on account of the country’s consistent gross domestic product (GDP) growth, France is also recognized as a leading player across the global market. During the forecast period, France is expected to attract more foreign direct investment, as well, which is set to play an essential role in fueling the demand for precast concrete.

On the other hand, the Italian government is planning an overall spending of approximately $116.4 billion in order to improve and enhance public infrastructure over the next 15 years. Also, an additional $4 billion is allocated for rebuilding activities in areas affected by earthquakes. This factor is anticipated to boost Italy’s construction sector, thereby propelling the need for precast concrete. As a result, these drivers are projected to contribute to the market growth in Europe during the forecast period.

COMPETITIVE INSIGHTS

Some of the leading players operating in the market are Balfour Beatty PLC, Bouygues Construction, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments