Dublin, July 29, 2022 (GLOBE NEWSWIRE) -- The "Precast Concrete Global Market Report 2022, By Element, By End User" report has been added to ResearchAndMarkets.com's offering. This report provides strategists, marketers and senior management with the critical information they need to assess the global precast concrete market. This report focuses on precast concrete market which is experiencing strong growth. The report gives a guide to the precast concrete market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic. Reasons to Purchase
Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies
Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates
Create regional and country strategies on the basis of local data and analysis
Identify growth segments for investment
Outperform competitors using forecast data and the drivers and trends shaping the market
Understand customers based on the latest market research findings
Benchmark performance against key competitors
Utilize the relationships between key data sets for superior strategizing
Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Major players in the precast concrete market are Boral, LafargeHolcim, Gulf Precast, Olsan Precast, Forterra, Spancrete, ELO Beton, Balfour Beatty plc, CEMEX, Laing O'Rourke, Julius Berger Nigeria Plc., GRH, Skanska AB, Gulermak A.S, Oldcastle Precast, Elematic, Atco Group, Coreslab, Coltman Precast Concrete, Larsen & Toubro, HEIDELBERGCEMENT AG., Elementbau Osthessen, ELO KG, Taisei Corporation and Kiewit Corporation. The global precast concrete market is expected to grow from $95.86 billion in 2021 to $100.99 billion in 2022 at a compound annual growth rate (CAGR) of 5.35%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $125.46 billion in 2026 at a CAGR of 5.57%. The precast concrete market consists of the sales of precast concrete by entities (organizations, partnerships, and sole proprietors) that refer to the prefabricated concrete products made beforehand in a conducive environment. Precast concrete is a simple concrete that has been cast in a location beside the one in which it would be used.
It is easier to control the mix, placement, and curing of precast because it is produced in a managed casting environment. Precast concrete is widely used due to its functional versatility in parking garages, bridges, office buildings, stadiums, shops, and housing with repetitive and modular elements. Europe was the largest region in the precast concrete market in 2021. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. Increasing expenditure on road and water infrastructure is significantly driving the growth of the precast concrete market. The use of precast concrete offers major time and user cost savings in comparison with the traditional cast-in-place methods of construction. Emerging and advanced economies are increasing their spending on road and water infrastructure to bridge the gap between the required infrastructure and available infrastructure.
According to the World Bank report published in 2019, globally, 2.4 billion people do not have improved sanitation facilities, and 1 billion reside 2 kilometers away from an all-weather road. Governments of various countries are increasing their expenditure on the infrastructural developments to bridge this gap.
For instance, in September 2021, the Indian government announced road projects worth INR 1 lakh crore ($13.48 billion) to develop road infrastructure in Jammu and Kashmir. The number of national highways in the region has also increased, from 7 in 2014 to 11 in 2021. These infrastructural developments will invariably increase the demand for precast concrete products. Therefore, the increasing expenditure on road and water infrastructure drives the precast concrete market over the coming years. 3D printing is a key trend gaining popularity in the precast concrete market. Major companies operating in the precast concrete sector are focused on developing new 3D printing solutions to strengthen their position.
For instance, in December 2021, CEMEX, a renowned precast concrete company based in Mexico, and Denmark-based COBOD International, a key player in construction-grade 3D printers, have launched a 3D printing solution that incorporates traditional ready-mix concrete into the construction process. In comparison to traditional construction and other 3D printing methods, the solution saves time and money. CEMEX and COBOD created this 3D printing solution using an innovative admixture that allows the use of conventional concrete, allowing the consumption of locally and readily available materials. In July 2021, Forterra, a leading manufacturer of water and drainage pipe and products in the United States, acquired Barbour Concrete Company and Barbour Building Systems for an undisclosed amount. With this acquisition, Forterra intends to offer a broader range of products as well as access to technical expertise that will aid in the development of customized services for a range of end-users. Barbour Concrete Company & Barbour Building Systems is a company based in the United States that manufactures precast concrete products. Key Topics Covered: 1. Executive Summary 2. Precast Concrete Market Characteristics 3. Precast Concrete Market Trends And Strategies 4. Impact Of COVID-19 On Precast Concrete 5. Precast Concrete Market Size And Growth 5.1. Global Precast Concrete Historic Market, 2016-2021, $ Billion 5.1.1. Drivers Of The Market 5.1.2. Restraints On The Market 5.2. Global Precast Concrete Forecast Market, 2021-2026F, 2031F, $ Billion 5.2.1. Drivers Of The Market 5.2.2. Restraints On the Market 6. Precast Concrete Market Segmentation 6.1. Global Precast Concrete Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
Water and Waste Handling Products
6.2. Global Precast Concrete Market, Segmentation By Element, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
6.3. Global Precast Concrete Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
7. Precast Concrete Market Regional And Country Analysis 7.1. Global Precast Concrete Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion 7.2. Global Precast Concrete Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
For more information about this report visit https://www.researchandmarkets.com/r/8x3x25
When his green credentials were challenged by a young activist on the election trail, Joe Biden had a simple answer.
Diversification isn't necessary if you know what you're doing, according to the Oracle of Omaha.
The U.S. Federal Aviation Administration (FAA) on Friday approved Boeing’s inspection and modification plan to resume deliveries of 787 Dreamliners, two people briefed on the matter told Reuters. The FAA approved Boeing’s proposal that requires specific inspections to verify the condition of the airplane meets requirements and that all work has been completed, a move […]
Here’s a good bit of news for retirees in 2022: you can keep more money in your tax-deferred retirement accounts.
America is wrestling with the worst energy crisis in nearly five decades, a period of high prices and limited supply. The rise of fracking, which extracts oil and gas from shale rock, unlocked cheap domestic supplies while cleaner energy provided by wind and solar farms became far less expensive. It came undone thanks to a haphazard transition to renewable energy, reduced investment in oil and gas production, political inaction and unexpected economic forces triggered by the pandemic and lockdowns.
(Bloomberg) -- With recession fears mounting—and inflation, the war in Ukraine and the lingering pandemic taking a toll—many tech companies are rethinking their staffing needs, with some of them instituting hiring freezes, rescinding offers and making rounds of layoffs.Most Read from BloombergThe Crypto Collapse Has Flooded the Market With Rolex and PatekShock July Stock Rally Was a Monster the Fed May Regret SeeingMonkeypox is Spreading Fast. Now Kids Are Getting It, TooAlito Decries 'Hostility
A Denver-based natural gas giant’s decision to let financial hedges on its sale expire this year paid off big this spring, reversing its losses with a $765 million quarterly profit. Antero Resources (NYSE: AR), the fifth-largest U.S. natural gas producer and second-biggest exporter of liquified natural gas, ended a string of regular quarterly losses Thursday with a very profitable quarter benefitting from high natural gas prices. “Antero is in the strongest financial position in its history,” said Paul Rady, the company’s chairman, CEO and president, on the company’s earnings call Thursday.
More than a year after an activist investor-led shake-up, Exxon Mobil has ticked a lot of boxes to endear itself to its shareholders. Exxon Mobil on Friday said it generated nearly $16.9 billion in free cash flow in the second quarter, the highest since 2008 and roughly $900 million more than analysts polled by Visible Alpha had expected. Quarterly net income for both Exxon and Chevron hit a record—not entirely surprising given that Brent crude prices averaged $113.78 a barrel in the second quarter, a $12 per barrel increase compared with the first quarter.
The FAA approved the plane maker’s plan to address various quality problems with 787 production. The first 787 delivery is expected to occur within days.
Semiconductor companies are awaiting signage of the crucial CHIPS Act by President Biden after it passed both the Senate and House of Representatives this week.
With world hunger on the rise, innovative companies such as Deere and Corteva could make a difference.
NEW YORK—The U.S. Securities and Exchange Commission on Friday added Alibaba Group Holding to a list of Chinese companies at risk of being delisted from the U.S. exchanges if their auditors can’t be inspected before spring 2024. The move comes days after Alibaba said it would apply for a primary listing in Hong Kong, where it obtained a secondary listing in 2019. Securing a primary listing in the Asian financial hub would allow Alibaba’s shares to continue to be traded even if it is booted from the American bourse.
Taiwan's "key position" in making semiconductors will not be shaken and production on the island is the most efficient way of doing things, the Economy Ministry said on Friday in response to the U.S. Congress passing a major new chips act. The U.S. House of Representatives passed the sweeping legislation on Thursday to subsidise the domestic semiconductor industry as it competes with Chinese and other foreign manufacturers. Taiwan is a major chip producer, home to Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world's largest contract chipmaker, which is also investing $12 billion in a new plant in Arizona.
A mega backdoor Roth is designed for 401(k) savers who want to enjoy Roth account tax benefits. Learn how a mega backdoor Roth rollover works.
Moving from a paycheck to multiple retirement income is complicated. Understanding retirement income types and how to manage them can be beneficial.
The two largest U.S. oil companies, Exxon Mobil Corp and Chevron Corp, posted record revenue on Friday, bolstered by surging crude oil and natural gas prices and following similar results for European majors a day earlier. Exxon outpaced its rivals with a $17.9 billion quarterly profit, the most for any international oil major in history. Chevron, Shell and Total ran to catch up with Exxon's aggressive buyback program, which was kept unaltered.
Yahoo Finance Tech Editor Dan Howley explains the backlash against Instagram and how Meta is responding.
Ford's reported plan to cut thousands of jobs from its internal combustion division has some analysts expecting other automakers to follow suit.
Big Oil has never had it so good, and its immediate priority is rewarding shareholders. The world's largest energy companies, including TotalEnergies, Exxon Mobil and Chevron are ramping up buyback programmes despite criticism that they are not moving swiftly enough to increase oil and gas output as high fuel prices pinch consumers worldwide. Exxon Mobil, Chevron, Shell and TotalEnergies produced a combined profit of $51 billion, with Exxon topping the pile at $18 billion.
Need a five-star hotel room or an extravagant safari with that checking account? JPMorgan wants to book that for you.