Mexico Precast Concrete Market Size & Outlook, 2023-2030
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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 |
|---|---|---|---|---|
| Gülermak | View profile | 5001-10000 | Ankara, Ankara, Turkey, Europe | https://www.gulermak.com.tr |
| Forterra | View profile | 5001-10000 | Irving, Texas, United States, North America | http://forterrabp.com/ |
| Spancrete Corporation | View profile | 101-250 | Tokyo, Tokyo, Japan, Asia | http://spancretecorp.com |
| Tindall | View profile | 1001-5000 | Spartanburg, South Carolina, United States, North America | https://tindallcorp.com/ |
| Olson Precast | View profile | 11-50 | Las Vegas, Nevada, United States, North America | https://www.olsonprecastcompany.com |
| Gulf Precast | View profile | 101-250 | Abu Dhabi, Abu Dhabi, United Arab Emirates, Asia | http://www.gulfprecast.ae |
| Laing O'Rourke | View profile | 10001+ | Dartford, Kent, United Kingdom, Europe | http://www.laingorourke.com/ |
| Boral Ltd | View profile | 4606 | 39 Delhi Road, Level 3, Triniti 2, P.O. Box 6041, North Ryde, Sydney, NSW, Australia, 2113 | https://www.boral.com |
| Holcim Ltd | View profile | 63448 | Grafenauweg 10, Zug, Switzerland, CH-6300 | https://www.holcim.com |
| Larsen & Toubro Ltd DR | View profile | 330955 | Norottarn Morarjee Marg , L&T House, Ballard Estate, P. O. Box: 278, Mumbai, MH, India, 400 001 | https://www.larsentoubro.com |
| Cemex SAB de CV ADR | View profile | 46497 | Avenida Ricardo Margain Zozaya No.325, Colonia Valle del Campestre, San Pedro Garza Garcia, NL, Mexico, 66265 | https://www.cemex.com |
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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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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