Market Overview:

Precast concrete refers to concrete products that are manufactured offsite at a location other than the building site where they will be used. Common precast concrete products include wall panels, columns, beams, floors, modular buildings and utility vaults. Precast concrete is durable and weather resistant which reduces construction time compared to site cast concrete.


Key Takeaways

The global Precast Concrete Market Size size is expected to reach US$ 106.12 Billion by 2023, exhibiting a CAGR of 5.4% over the forecast period. This high growth can be attributed to rapid urbanization and infrastructure development activities across major economies.

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