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New York, November 26, 2021/PRNewswire/ - From 2020 to 2025, the precast concrete market will grow by USD 16.43 billion at a compound annual growth rate of 3.32%. This report introduces the market in detail through the analysis of key parameters, research, synthesis and aggregation of data from multiple sources. Precast concrete market analysis includes product and geographic landscape.
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The precast concrete market report covers insights into the main trends, main growth drivers and challenges affecting the overall growth of the market. The report pointed out that increasing concerns about workplace safety and the need to reduce environmental impact are one of the main factors driving market growth.
The precast concrete market covers the following areas:
Precast concrete market scale Precast concrete market forecast Precast concrete market analysis
Technavio provides the latest analysis of the geographic composition of the market, as well as supplier competitive intelligence and regional opportunities. The precast concrete market has been subdivided into five regions, namely Asia Pacific, Europe, North America, South America and MEA. According to our analysis, during the forecast period, 42% of the market growth will come from the Asia-Pacific region. China and India are the main countries in the precast concrete market in this region. The growth rate in the Asia-Pacific region has been high. Therefore, it is expected to provide market suppliers with multiple growth opportunities during the forecast period. Continuous development of urbanization and industrialization will promote the growth of the precast concrete market in the Asia-Pacific region.
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Accelerate at a compound annual growth rate of 3.32%
Asia Pacific, Europe, North America, South America and MEA
China, U.S., Germany, France and India
Leading company, competitive strategy, scope of consumer participation
Boral Ltd., CEMEX SAB de CV, CRH Plc, Forterra Inc., Gulf Precast Concrete Co. LLC, Julius Berger Nigeria Plc, Kiewit Corp., LafargeHolcim Ltd., Larsen and Toubro Ltd., and Tindall Corp.
Mother market analysis, market growth incentives and obstacles, fast-growing and slow-growing market segments, COVID-19 impact and future consumer dynamics, market conditions during the forecast period
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