Europe Precast Concrete Market Growth, Size, Trends, Demand, Revenue and Future Outlook
Europe Precast Concrete Market Size- By Product Type, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Jun-2024 | Report ID: COAM2422 | Pages: 1 - 155 | Formats*: |
| Category : Construction & Manufacturing | |||
Europe Precast Concrete Market Introduction and Overview
According to SPER Market Research, the Europe Precast Concrete Market is estimated to reach USD 55.54 billion by 2033 with a CAGR 6.16%.
The report includes an in-depth analysis of the Europe Precast Concrete Market, including market size and trends, product mix, distribution channels, and supplier analysis. Precast concrete is reinforced concrete that has been produced via the use of industrial processes. It can be identified by its split into building components that are produced in a precast concrete facility and delivered to the location using specialized transportation machinery. Precasting speeds up construction since the components are created in advance. High tensile strength strands, reinforcing bars, or a mix of the two are used to strengthen precast concrete.
- Holcim purchased HM Factory, a company that offered precast concrete solutions, in March 2023. The company's position in the precast concrete market will be strengthened by this action.
Market Opportunities and Challenges
Opportunities: Precast concrete sales are anticipated to rise as a result of rising urbanization, industrialization in developing nations, a growing need for quick-to-assemble building materials, a growing reliance on contemporary construction technologies, and a growing desire for sustainable building practices. Building information modeling (BIM) and 3D printing are examples of new technological developments that could present opportunities for the business under study. In addition, the industry has recently been driven by the need for affordable residential properties, improved efficiency obtained through precast technologies, and faster construction with precast technology because to the significant population rise. Additionally, the refurbishment and conversion of older structures attract additional capital to the building sector, which raises the need for prefabricated components and supports the expansion of the precast construction market.
Challenges: The biggest challenge to the growth of the precast concrete market is its high cost. The one factor that could hurt the precast concrete business is its cost, despite the fact that it offers several benefits over traditional concrete and casting techniques. Because the equipment and molds needed to produce precast concrete products are far more expensive than those used in conventional concrete methods, precast concrete requires a significant financial commitment.
Market Competitive Landscape
The Precast Concrete market in Europe. Some of the market key players are Balfour Beatty Plc, Cemex SAB de CV manufacturer, Centrum Pile Ltd, Consolis Group SAS, CRH Plc, Elementbau Osthessen GmbH & Co., ELO KG, Forterra Plc, Heidelberg Materials AG, Holcim Ltd, Laing O'Rourke Plc, Others
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Product Type, By End User |
| Regions covered | France, Germany, Italy, Spain, United Kingdom, Rest of Europe |
| Companies Covered | Balfour Beatty Plc, Cemex SAB de CV manufacturer, Centrum Pile Ltd, Consolis Group SAS, CRH Plc, Elementbau Osthessen GmbH & Co., ELO KG, Forterra Plc, Heidelberg Materials AG, Holcim Ltd, Laing O'Rourke Plc, Others |
COVID-19 Impact on Europe Precast Concrete Market
The COVID-19 pandemic, global lockdowns, disruptions in supply chains and manufacturing, and production halts all had a detrimental effect on the market in 2020. Nonetheless, the market made a considerable comeback in 2021 thanks to the start of operations in key end-user industries.
Key Target Audience:
- Construction Contractors
- Architects and Engineers
- Developers and Builders
- Infrastructure Agencies
- Government Entities
- Real Estate Developers
Our in-depth analysis of the Europe Precast Concrete Market includes the following segments:
| By Product Type: |
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| By End User: |
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Key Topics Covered in the Report:
- Europe Precast Concrete Market Size (FY’2024-FY’2033)
- Overview of Europe Precast Concrete Market
- Segmentation of Europe Precast Concrete Market By Product Type (Beams & Columns, Paving Slabs, Floors & Roofs, Pipes, Walls & Barriers, Others)
- Segmentation of Europe Precast Concrete Market By End User (Residential, Infrastructure, Commercial, Industrial and Institutional)
- Expansion Analysis of Europe Precast Concrete Market
- Problems and Obstacles in Europe Precast Concrete Market
- Competitive Landscape in the Europe Precast Concrete Market
- Impact of COVID-19 and Demonetization on Europe Precast Concrete Market
- Details on Current Investment in Europe Precast Concrete Market
- Competitive Analysis of Europe Precast Concrete Market
- Prominent Players in the Europe Precast Concrete Market
- SWOT Analysis of Europe Precast Concrete Market
- Europe Precast Concrete Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Europe Precast Concrete Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Europe Precast Concrete Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Precast Concrete Market
7. Europe Precast Concrete Market, By Product Type (USD Million) 2020-2033
7.1. Europe Precast Concrete Market Size, Share and Forecast, By Product Type, 2020-20267.2. Europe Precast Concrete Market Size, Share and Forecast, By Product Type, 2027-20337.3. Beams & Columns7.4. Paving Slabs7.5. Floors & Roofs7.6. Pipes7.7. Walls & Barriers7.8. Others
8. Europe Precast Concrete Market, By End User (USD Million) 2020-2033
8.1. Europe Precast Concrete Market Size, Share and Forecast, By End User, 2020-20268.2. Europe Precast Concrete Market Size, Share and Forecast, By End User, 2027-20338.3. Residential8.4. Infrastructure8.5. Commercial8.6. Industrial and Institutional
9. Europe Precast Concrete Market Forecast, 2020-2033 (USD Million)
9.1. Europe Precast Concrete Market Size and Market Share
10. Europe Precast Concrete Market, By Region, 2020-2033 (USD Million)
10.1. Europe Precast Concrete Market Size and Market Share By Region (2020-2026)10.2. Europe Precast Concrete Market Size and Market Share By Region (2027-2033)10.3. France10.4. Germany10.5. Italy10.6. Spain10.7. United Kingdom10.8. Rest of Europe
11. Company Profile
11.1. Balfour Beatty Plc11.1.1. Company details11.1.2. Financial outlook11.1.3. Product summary11.1.4. Recent developments11.2. Cemex SAB de CV manufacturer11.2.1. Company details11.2.2. Financial outlook11.2.3. Product summary11.2.4. Recent developments11.3. Centrum Pile Ltd11.3.1. Company details11.3.2. Financial outlook11.3.3. Product summary11.3.4. Recent developments11.4. Consolis Group SAS11.4.1. Company details11.4.2. Financial outlook11.4.3. Product summary11.4.4. Recent developments11.5. CRH Plc11.5.1. Company details11.5.2. Financial outlook11.5.3. Product summary11.5.4. Recent developments11.6. Elementbau Osthessen GmbH & Co.,11.6.1. Company details11.6.2. Financial outlook11.6.3. Product summary11.6.4. Recent developments11.7. ELO KG11.7.1. Company details11.7.2. Financial outlook11.7.3. Product summary11.7.4. Recent developments11.8. Forterra Plc11.8.1. Company details11.8.2. Financial outlook11.8.3. Product summary11.8.4. Recent developments11.9. Heidelberg Materials AG11.9.1. Company details11.9.2. Financial outlook11.9.3. Product summary11.9.4. Recent developments11.10. Holcim Ltd11.10.1. Company details11.10.2. Financial outlook11.10.3. Product summary11.10.4. Recent developments11.11. Laing O'Rourke Plc11.11.1. Company details11.11.2. Financial outlook11.11.3. Product summary11.11.4. Recent developments11.12. Others
12. Conclusion
13. Reference Links
14. List of Abbreviations
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Europe Precast Concrete Market grew in market size from 2023. The Market is expected to reach USD 55.54 billion by 2033, at a CAGR of 6.16% during the forecast period.
Europe Precast Concrete Market CAGR of 6.16% during the forecast period.
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Europe Precast Concrete Market size is USD 55.54 billion from 2024 to 2033.
Europe Precast Concrete Market segment is Covered By Product Type, By End User.
The Europe region is anticipated to have the highest market share in the Europe Precast Concrete Market .
The key players in the market include Companies Covered Balfour Beatty Plc, Cemex SAB de CV manufacturer, Centrum Pile Ltd, Consolis Group SAS, CRH Plc, Elementbau Osthessen GmbH & Co., ELO KG, Forterra Plc, Heidelberg Materials AG, Holcim Ltd, Laing O'Rourke Plc, OthersRembrandt Enterprises, Cal-Maine Foods Inc., Daybreak Foods, Dr Oetker, Actini Group.
Precasting speeds up construction since the components are created in advance. High tensile strength strands, reinforcing bars, or a mix of the two are used to strengthen precast concrete.
Europe Precast Concrete Market is projected to reach USD 55.54 billion by 2033, growing at a CAGR of 6.16% during the forecast period.
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