Asia Pacific and EMEA Precast Concrete Market

Market Introduction

Precast concrete materials are precasted and prefabricated at the time of manufacturing. Then, they are assembled and molded at the construction site. Such structures enhance construction speed and improve productivity, as well as they help to significantly monitor cost and quality. With the growing need for cost-effective and safe material, the demand for precast concrete is rising. The APAC and EMEA precast concrete market has been segmented on the basis of coolant type, application, technology, distribution channel, and country.

Market Overview and Dynamics

The precast concrete market was valued at US$ 111.91 billion in 2022 and is projected to reach US$ 176.92 billion by 2028; it is expected to grow at a CAGR of 7.9% from 2022 to 2028.

With the growing need for cost-effective and safe material, the demand for precast concrete is rising. Further, such form of structures is considered as a sustainable building material as it can significantly be reused or remolded, which helps in reducing their impact on environment. The growing adoption of green and modular construction material is expected to proliferate the demand for precast concrete products in global construction market.

Key Market Segments

Based on structure system, the precast concrete market is categorized into beam and column system, floor and roof system, bearing wall system, façade system, and others. In 2022, the beam and column system segment dominated the market. The market for this segment is also expected to grow at the fastest rate during the forecast period owing to the rising demand for beams and columns for commercial purpose buildings. The precast beams and columns offer advantages such as design flexibility, faster installation structures, sustainable construction, durability, long life, low maintenance, and moisture resistance. They are widely used in residential and commercial sectors. Factors such as progressing public and private expenditure in infrastructure projects—particularly in the emerging regions such as South America, Asia Pacific, and the Middle East & Africa—coupled with the advantages of precast beams and columns are anticipated to propel the demand for precast concrete beams and columns during the forecast period.

Based on construction material, the Asia Pacific and EMEA precast concrete market is segmented into cement, aggregates, pigments, reinforcement bar, and fibers and others. Mineral oxide pigments are the most commonly used colorants in precast concrete. Pigments are available in three forms: powder, granular, and liquid. Each form of pigment requires different handling, dosing, and mixing procedures. Pigments that are being used in precast concrete should be resistant to fading by photochemical degradation; thus, they should be insoluble, chemically inert, and inorganic. Mineral oxide pigments are chemically stable; resist ultraviolet light, weather, and alkaline conditions; and become a permanent part of the concrete, ensuring that the color lasts as long as the concrete. The metal oxide pigments are increasingly being used in precast concrete as these pigments don’t fade out or undergo chemical changes at normal temperatures.

Based on end use, Asia Pacific and EMEA precast concrete market is segmented into beam and column system, floor and roof system, bearing wall system, façade system, and structure system others. The bearing wall system and sound wall is primarily used for building envelopes and transportation. These walls offer attractive low maintenance surfaces, fire resistance, structure, and superior sound isolation. According to the PCI JOURNAL, the precast concrete bearing wall system supports 4 ft wide x 12 ft long (1.22 x 3.66 m) hollow-core slabs and 10 ft wide x 55 ft long (3.05 x 16.8 m) double tees in various sectors including residential and commercial. Load-bearing wall units such as solid wall panels, and window wall and spandrel panels are designed for resisting and transferring loads from other elements and cannot be removed without affecting the stability or strength of the building. These factors are anticipated to drive the bearing wall system segment during the forecast period.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the Europe EVOH resins market for food application are paid databases (Factiva), publications, Hoovers, investor presentations, newsletter, sec archives, and annual reports, along with other information available in public domain. Abetong AB, Boral, Cemex S.A.B. DE C.V., Consolis, Elo Beton, Forterra, Gulf Precast, Lafargeholcim, Tindall Corporation, and Spancrete are among the major players operating in the APAC and EMEA precast concrete market.

Reasons to Buy Report

• Progressive trends in the precast concrete industry in APAC and EMEA, with a special focus on applications, to help players develop effective long-term strategies
• Business growth strategies adopted by developed and developing markets
• Quantitative analysis of the APAC and EMEA precast concrete market from 2022 to 2028
• Estimation of the demand for precast concrete in APAC and EMEA
• Recent developments to understand the competitive market scenario
• Market trends and outlook along with factors driving and restraining the growth of the APAC and EMEA precast concrete market.
• Assisting in decision-making process by understanding strategies that underpin commercial interest with regard to APAC and EMEA precast concrete market.
• APAC and EMEA precast concrete market size at various nodes of market
• Detailed overview and segmentation of the APAC and EMEA precast concrete market as well as its industry dynamics
• Size of the APAC and EMEA precast concrete market with promising growth opportunities

APAC and EMEA precast concrete market, by Regions

• Europe

• • Germany

• France
• Italy
• Russia
• United Kingdom
• Spain
• Netherlands
• Poland
• Rest of Europe

• Asia Pacific

• • Australia
  • China
  • India
  • Japan
  • South Korea
  • Rest of APAC

• Middle East and Africa

• • South Africa
  • Saudi Arabia
  • UAE
  • Rest of MEA

Asia Pacific and EMEA Precast Concrete Strategic Insights

Strategic insights for the Asia Pacific and EMEA Precast Concrete provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Asia Pacific and EMEA Precast Concrete Report Scope

Asia Pacific and EMEA Precast Concrete Regional Insights

The geographic scope of the Asia Pacific and EMEA Precast Concrete refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.