Precast Prefabricated concrete is a construction product produced by casting concrete in a reusable mold or “form” which is then cured in a controlled environment, transported to the construction site and lifted into place.
The surge in the demand for new constructions is mostly driving the Precast Prefabricated Construction market across the world, owe to rapid urbanization and industrialization and increased investment in infrastructural developments in emerging markets is another driver for the precast prefabricated construction market, according to a brand new research, the global Precast Prefabricated construction market expected to grow at a CAGR of 6.4% over 2016-2020.
On the basis of geography, thanks to increasing industrialization and infrastructural development, Asia Pacific is experiencing huge demand for new construction. According to research, the Asia Pacific is expected to register a highest CAGR of 7.3% for the forecast period.
In the western regions, because the market is respectively saturated in developed countries, the market in western is restraining a little for the forecast period, according to report, the Europe is expected to grow at a CAGR of 5.8% between 2016-2020.
Base on application, residential sector as an end-use segment is expected to dominate the global precast prefabricated construction market among all end-use sectors.
Global top Precast Prefabricated Construction manufacturers are ACS Actividades de Construction y Services, Komatsu Ltd., Bouygues Construction, Larsen & Toubro Limited, Taisei Corporation, Balfour Beatty Plc, Kiewit Corporation, Laing O’Rourke, Julius Berger Nigeria Plc, and Red Sea Housing Services among others.
Global Precast Prefabricated Construction market share by region as following:
Read Full Report: http://www.gosreports.com/global-precastpre-fabricated-construction-market-research-report-2016/
The report firstly introduced the Precast/Prefabricated Construction basics: definitions, classifications, applications and industry chain overview; industry policies and plans; product specifications; manufacturing processes; cost structures and so on. Then it analyzed the world’s main region market conditions, including the product price, profit, capacity, production, capacity utilization, supply, demand and industry growth rate etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.
Joanna | Executive – International Business and partner Relations
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