Lucintel's latest market report analyzed that precast concrete provides attractive opportunities in both the residential and non-residential construction end use industries. The Precast concrete market is expected to grow at a CAGR of 5%-7%. In this market, elemental is the largest segment by construction type, whereas residential is largest by end use.
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Based on construction type, the precast concrete market is segmented into elemental, permanent modular, relocatable. The elemental segment is accounted for the largest share of the market in 2020 as there are growing construction projects in the Asia Pacific and Middle Eastern regions coupled with growing government backed infrastructure development projects.
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The precast concrete market is marked by the presence of several big and small players. Some of the prominent players offering precast concrete include Actividades de Construcción, Bouygues Construction, Larsen & Toubro, Taisei, Balfour Beatty, Skanska, CRH, Cemex, Laing O’Rourke, and Julius Berger.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link
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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
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