Europe Precast Concrete Market Size & Outlook, 2023-2030
Europe precast concrete market, 2018-2030 (US$B)
Related Markets
Europe precast concrete market highlights
- The Europe precast concrete market generated a revenue of USD 25.5 billion in 2023.
- The market is expected to grow at a CAGR of 3.9% from 2024 to 2030.
- In terms of segment, structural building components was the largest revenue generating product in 2023.
- Structural Building Components is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Spain is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 25.5 billion |
| Market revenue in 2030 | USD 33.5 billion |
| Growth rate | 3.9% (CAGR from 2023 to 2030) |
| Largest segment | Structural building components |
| Fastest growing segment | Structural Building Components |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Structural Building Components, Architectural Building Components, Transportation, Waste & Water Handling Products, Other Products |
| Key market players worldwide | Boral Ltd, Holcim Ltd, Cemex SAB de CV ADR, Larsen & Toubro Ltd DR, Gulf Precast, Olson Precast, Tindall, Laing O'Rourke, Spancrete Corporation, Forterra, Gülermak |
Other key industry trends
- In terms of revenue, Europe region accounted for 24.2% of the global precast concrete market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 66.7 billion by 2030.
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Precast Concrete Market Scope
Precast Concrete Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe precast concrete market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to precast concrete market will help companies and investors design strategic landscapes.
Structural building components was the largest segment with a revenue share of 37.65% in 2023. Horizon Databook has segmented the Europe precast concrete market based on structural building components, architectural building components, transportation, waste & water handling products, other products covering the revenue growth of each sub-segment from 2018 to 2030.
According to the International Monetary Funds (IMF), the European economy is broadening and strengthening significantly with growth in GDP at 2.4%. The growth in the region is attributed to the increasing private investments in the emerging economies.
Increased construction activity in Europe on account of low mortgage rates is expected to propel the demand for precast concrete products in new construction as well as renovation activities. However, high labor costs are expected to negatively influence construction industry in the region, which, in turn, may result in sluggish growth of precast concrete product market over the forecast period.
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Our clientele includes a mix of precast concrete market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe precast concrete market , including forecasts for subscribers. This continent databook contains high-level insights into Europe precast concrete market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe precast concrete market size, by country, 2018-2030 (US$B)
Europe Precast Concrete Market Outlook Share, 2023 & 2030 (US$B)
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