Current Business Affairs Global Precast Concrete Market 2018 | Page 2
Market Analysis with Latest Growth Factors:
The manufacturing process of the precast concrete is carried out in controlled environmental condition and is
independent of the weather conditions. Hence, the manufacturing process of precast concrete is unconstrained and the
supply is uninterrupted. The material can be reused several times before replacement and hence, the production cost of
these materials is low making the product affordable. The manufactured products include pre-stressed bridge beams,
roofing tiles, building board’s concrete slabs and panels, posts, poles and railroad tiles.
Majorly, the end products are used in construction of nonresidential, residential and industrial buildings. However, these
are also utilized for construction of public structures such as sanitation and sewage systems and transportation
infrastructure. Furthermore, the usage of these manufactured products contributes in speed up the construction
activities.
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Concrete-Market
Region Analysis:
However, the market is expected to be driven by the U.S. healthcare sector as nearly 1,300 projects are under
construction or in planned stage which included the construction of Lucile Packard Children’s Hospital in Stanford, Tisch
Hospital in New York. Furthermore, the aging infrastructure of the country is also projected to enhance the demand of
infrastructural investment for reconstruction or renovation of the buildings.
Asia Pacific is estimated to hold the major share and is also anticipated to dominate the market over the forecast period.
The growth of the region is mainly driven by the India, Japan, China, Malaysia and other countries. The governments of
these emerging countries are also modifying their policies to attract foreign investment in the infrastructure sector.
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Executive Summary
Research Methodology
Market Dynamics
Industry Overview
Global Precast Concrete Market, By Product (2017-2025)
Global Precast Concrete Market, By Regions (2017-2025)
Market Competition Analysis
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