Singapore Precast Concrete Market Size & Outlook
Related Markets
Singapore precast concrete market highlights
- The Singapore precast concrete market generated a revenue of USD 1.1 billion in 2023 and is expected to reach USD 2.0 billion by 2030.
- The Singapore market is expected to grow at a CAGR of 9.2% 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 1.1 billion |
| Market revenue in 2030 | USD 2.0 billion |
| Growth rate | 9.2% (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, Singapore accounted for 1.0% 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 Asia Pacific, China precast concrete market is projected to lead the regional market in terms of revenue in 2030.
- Singapore is the fastest growing regional market in Asia Pacific and is projected to reach USD 2.0 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 |
|---|---|---|---|---|
| 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 |
Singapore 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 36.36% in 2023. Horizon Databook has segmented the Singapore 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 government’s plans to invest in the development of infrastructure and boost the growth of construction industry in the country are expected to result in a modest demand for the products. The government of Singapore announced an expenditure of about USD 1.02 billion for 2018-19 for the renovation of community centers, sports halls, police stations, and other public infrastructure.
Construction industry in Singapore is heavily dependent on finance sector for funding. Despite the country experiencing spillover effects of the economic slowdown in China and less favorable domestic economic conditions, the willingness of banking sector to offer loans may improve the construction activities in the country. This, in turn, is likely to benefit the product demand over the forecast period.
Reasons to subscribe to Singapore 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 Singapore 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 country-level data and insights on the Singapore precast concrete market , including forecasts for subscribers. This country databook contains high-level insights into Singapore precast concrete market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Singapore precast concrete market size, by product, 2018-2030 (US$B)
Singapore Precast Concrete Market Outlook Share, 2023 & 2030 (US$B)
Related 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
