Latin America Precast Concrete Market Size & Outlook
Latin America precast concrete market, 2018-2030 (US$B)
Related Markets
Latin America precast concrete market highlights
- The Latin America precast concrete market generated a revenue of USD 3.7 billion in 2023.
- The market is expected to grow at a CAGR of 2.8% 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, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 3.7 billion |
| Market revenue in 2030 | USD 4.5 billion |
| Growth rate | 2.8% (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, Latin America region accounted for 3.5% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Precast Concrete Market Scope
Precast Concrete Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America 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 35.14% in 2023. Horizon Databook has segmented the Latin America 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.
The construction industry in Central & South America is expected to witness substantial growth on account of the increasing investments in various infrastructure projects by foreign and domestic private players in the region. The economies contributing significantly to the regional growth include Argentina, Brazil, Chile, Colombia, and Peru.
The robust economic growth coupled with a strong private investment which is supported by the favorable risk profile of the country is expected to enable its dominance in the region in construction industry over the projected period.
In addition, the sluggish growth in Brazil’s construction sector coupled with a weak currency outlook is anticipated to result in decline in the country’s market share in the region.
Reasons to subscribe to Latin America precast concrete market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Latin America precast concrete market databook
-
Our clientele includes a mix of precast concrete market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America precast concrete market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America precast concrete market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America precast concrete market size, by country, 2018-2030 (US$B)
Latin America Precast Concrete Market Outlook Share, 2023 & 2030 (US$B)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
