North America Precast Concrete Market Forecast 2022-2030
KEY FINDINGS
The North America precast concrete market is set to rise with a CAGR of 5.72% over the forecasted period of 2022 to 2030. Some of the main drivers augmenting the market growth of the region include the rising focus on renovation & remodeling activities in the construction sector, the increasing demand for sustainable and advanced construction practices, and rapid commercial growth.
MARKET INSIGHTS
The North America precast concrete market growth evaluation consists of the analysis of Canada and the United States. The demand for precast concrete in Canada is increasing, predominantly owing to the rise in purchasing power coupled with the growth in disposable income. This factor, in turn, has indirectly propelled the growth of the automotive and, building & construction industry. Furthermore, building & construction are notable contributors to the economic growth of Canada, as well. Since precast concrete is widely used in the construction of car parking systems, the rising investment in the use of improved technologies across the country’s automotive sector is further set to bolster the market demand.
In addition, major players are also investing in research and development (R&D) activities for the development of various precast concrete types. Subsequently, this is set to boost the product portfolio of precast concrete in Canada over the upcoming years. In this regard, Lafarge provides a wide-ranging variety of quality precast concrete for construction and utility markets across Alberta. Hence, these factors are set to propagate the North America precast concrete market during the forecast period.
COMPETITIVE INSIGHTS
Tindall Corporation, Exelon Corporation, Oldcastle Infrastructure Inc, etc., are among the top firms operating in the market.
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
- 1. Research Scope & Methodology
- 1.1. Study Objectives
- 1.2. Scope Of Study
- 1.3. Methodology
- 1.4. Assumptions & Limitations
- 2. Executive Summary
- 2.1. Market Size & Estimates
- 2.2. Market Overview
- 3. Market Dynamics
- 3.1. Key Drivers
- 3.1.1. Advantages Of Precast Concrete Amid Urbanization And Population Growth
- 3.1.2. Surging Renovation & Remodelling Projects And Government Initiatives
- 3.1.3. Rising Popularity Of Off-site Precast Concrete Fabrications
- 3.2. Key Restraints
- 3.2.1. High Capital Investment
- 3.2.2. Project Delivery And Supply Chain Challenges
- 4. Key Analytics
- 4.1. Impact Of Covid-19 On Precast Concrete Market
- 4.2. Key Market Trends
- 4.3. Porter’s Five Forces Analysis
- 4.3.1. Buyers Power
- 4.3.2. Suppliers Power
- 4.3.3. Substitution
- 4.3.4. New Entrants
- 4.3.5. Industry Rivalry
- 4.4. Opportunity Matrix
- 4.5. Vendor Landscape
- 4.6. Value Chain Analysis
- 4.7. Regulatory Framework
- 5. Market By Product
- 5.1. Structural Building Components
- 5.2. Architectural Building Components
- 5.3. Transportation Products
- 5.3.1. Rail
- 5.3.2. Road
- 5.3.3. Other Transportation Products
- 5.4. Water & Waste Handling Products
- 5.4.1. Wastewater
- 5.4.2. Stormwater
- 5.4.3. Water Pipes
- 5.5. Other Products
- 6. Market By Structural System
- 6.1. Beam And Column System
- 6.2. Bearing Wall System
- 6.3. Floor And Roof System
- 6.4. Façade System
- 6.5. Other Structure Systems
- 7. Market By End Use
- 7.1. Infrastructure
- 7.1.1. Metro
- 7.1.2. Bridges
- 7.1.3. Other Infrastructures
- 7.2. Commercial
- 7.2.1. Complex
- 7.2.2. Malls
- 7.2.3. Other Commercials
- 7.3. Residential
- 7.4. Industrial
- 8. Geographical Analysis
- 8.1. North America
- 8.1.1. Market Size & Estimates
- 8.1.2. Key Growth Enablers
- 8.1.3. Key Challenges
- 8.1.4. Key Players
- 8.1.5. Country Analysis
- 8.1.5.1. United States
- 8.1.5.2. Canada
- 9. Competitive Landscape
- 9.1. Key Strategic Developments
- 9.1.1. Mergers & Acquisitions
- 9.1.2. Product Launches & Developments
- 9.1.3. Partnerships & Agreements
- 9.2. Company Profiles
- 9.2.1. Balfour Beatty Plc
- 9.2.2. Boral Limited
- 9.2.3. Bouygues Construction
- 9.2.4. Cemex Sab De Cv
- 9.2.5. Elementbau Osthessen Gmbh & Co Elo Kg
- 9.2.6. Gulf Precast Concrete Co Llc
- 9.2.7. Holcim
- 9.2.8. Julius Berger Nigeria Plc
- 9.2.9. Laing O’rourke
- 9.2.10. Larsen & Toubro Limited
- 9.2.11. Oldcastle Infrastructure Inc
- 9.2.12. Olson Precast Company
- 9.2.13. Rinker Materials
- 9.2.14. Taisei Corporation
- 9.2.15. Wells Concrete
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