Mexico Precast Concrete Market Size & Outlook, 2023-2030
Mexico precast concrete market, 2018-2030 (US$B)
Related Markets
Mexico precast concrete market highlights
- The Mexico precast concrete market generated a revenue of USD 1.4 billion in 2023 and is expected to reach USD 2.1 billion by 2030.
- The Mexico market is expected to grow at a CAGR of 5.8% 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.
Precast concrete market data book summary
| Market revenue in 2023 | USD 1.4 billion |
| Market revenue in 2030 | USD 2.1 billion |
| Growth rate | 5.8% (CAGR from 2023 to 2030) |
| Largest segment | Structural building components |
| Fastest growing segment | Structural Building Components |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Mexico accounted for 1.3% of the global precast concrete market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. precast concrete market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 29.7 billion by 2030.
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Precast Concrete Market Scope
Precast Concrete Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico 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 35.71% in 2023. Horizon Databook has segmented the Mexico 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.
Mexico is one of the largest economies in the Latin American region. It has a market exceeding a USD trillion-dollar. The Mexican Government listed construction and infrastructure as an essential industry in the midst of the Covid-19 crisis.
The President of Mexico announced a series of large infrastructure projects in the year 2018 to improve the economic situation. Some of these include the new airport for Mexico City; an Inter-Oceanic Corridor; the “Maya Train” in the Yucatan Peninsula, along with the development of rural roads, development projects in oil and gas production, refineries, mines, and agricultural production.
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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 country-level data and insights on the Mexico precast concrete market , including forecasts for subscribers. This country databook contains high-level insights into Mexico precast concrete market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico precast concrete market size, by product, 2018-2030 (US$B)
Mexico Precast Concrete Market Outlook Share, 2023 & 2030 (US$B)
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