Precast Concrete Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Global Precast Concrete Market Report is Segmented by Product Type (Beams & Columns, Paving Slabs, Floors & Roofs, Pipes, Walls & Barriers, and Others), End-User Industry (Residential, Infrastructure, Commercial, and Industrial Institutional), and Geography (Asia-Pacific, North America, Europe, South America, and the Middle East and Africa). The Report Offers Market Size and Forecasts for Precast Concrete in Revenue (USD Million) for all the Above Segments.

Precast Concrete Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Precast Concrete Market Size

Precast Concrete Market Summary
Study Period 2019 - 2030
Market Size (2025) USD 143.12 Billion
Market Size (2030) USD 178.52 Billion
CAGR (2025 - 2030) 4.52 %
Fastest Growing Market North America
Largest Market North America
Market Concentration Low

Major Players

Precast Concrete Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Precast Concrete Market Analysis

The Precast Concrete Market size is estimated at USD 143.12 billion in 2025, and is expected to reach USD 178.52 billion by 2030, at a CAGR of 4.52% during the forecast period (2025-2030).

The precast concrete market faced setbacks due to COVID-19. Global lockdowns and stringent government regulations led to widespread shutdowns of production hubs. However, the market rebounded in 2021 and is projected to grow significantly in the upcoming years.

  • Over the short term, increasing investments in the infrastructure sector and rising residential and commercial construction activities are the major factors driving the demand for the market studied.
  • However, risks during the transportation of precast concrete structures and substitutes like self-healing concrete are expected to hinder the market's growth.
  • Nevertheless, new technology advancements in precast concrete are expected to create new opportunities for the market studied.
  • The North American region is expected to dominate the global market, with the majority of demand coming from the United States and Canada.

Precast Concrete Industry Overview

The precast concrete market is partially fragmented in nature. The major players (not in any particular order) include Holcim, Boral Limited, Tindall Corporation, Larsen & Toubro Limited, and Gulf Precast, among others.

Precast Concrete Market Leaders

  1. Holcim

  2. Boral Limited

  3. Tindall Corporation

  4. Larsen & Toubro Limited

  5. Gulf Precast

  6. *Disclaimer: Major Players sorted in no particular order
Precast Concrete Market Concentration
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Precast Concrete Market News

  • August 2024: FP McCann, a precast concrete firm based in South Derry, United Kingdom, is channeling an investment of EUR 90 million (~USD 100 million) to enhance its manufacturing capabilities. The investment will see several factory extensions and the launch of new product lines. Driven by encouraging sales in the first half of 2024, this initiative is set to generate around 100 jobs. Furthermore, it positions the company to uphold and expand its portfolio of high-quality, sustainable products.
  • October 2023: Fabcon Precast has acquired Bristol Precast, a division of the Bristol Group, which specializes in engineered precast and prestressed concrete products across the United States. This acquisition will bolster Fabcon's presence in the Mid-South market, allowing the company to offer the region an even broader range of precast solutions.
  • March 2023: Holcim Ltd. bolstered its foothold in Poland by acquiring HM Factory, a specialist in precast concrete solutions. This strategic acquisition solidifies Holcim's positioning in the precast concrete market.

Precast Concrete Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Increasing Investments in the Infrastructure Sector
    • 4.1.2 Rising Residential and Commercial Construction Activities
    • 4.1.3 Other Drivers
  • 4.2 Restraints
    • 4.2.1 Risk During Transportation of Precast Concrete Structure
    • 4.2.2 Substitutes Like Self Healing Concrete
    • 4.2.3 Other Restraints
  • 4.3 Industry Value-Chain Analysis
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Buyers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products and Services
    • 4.4.5 Degree of Competition

5. MARKET SEGMENTATION (Market Size in Value)

  • 5.1 Product Type
    • 5.1.1 Beams & Columns
    • 5.1.2 Paving Slabs
    • 5.1.3 Floors & Roofs
    • 5.1.4 Pipes
    • 5.1.5 Walls & Barriers
    • 5.1.6 Others
  • 5.2 End-user Industry
    • 5.2.1 Residential
    • 5.2.2 Infrastructure
    • 5.2.3 Commercial
    • 5.2.4 Industrial and Institutional
  • 5.3 Geography
    • 5.3.1 Asia-Pacific
    • 5.3.1.1 China
    • 5.3.1.2 India
    • 5.3.1.3 Japan
    • 5.3.1.4 South Korea
    • 5.3.1.5 Malaysia
    • 5.3.1.6 Thailand
    • 5.3.1.7 Indonesia
    • 5.3.1.8 Vietnam
    • 5.3.1.9 Rest of Asia-Pacific
    • 5.3.2 North America
    • 5.3.2.1 United States
    • 5.3.2.2 Canada
    • 5.3.2.3 Mexico
    • 5.3.3 Europe
    • 5.3.3.1 Germany
    • 5.3.3.2 United Kingdom
    • 5.3.3.3 France
    • 5.3.3.4 Italy
    • 5.3.3.5 Spain
    • 5.3.3.6 Nordic Countries
    • 5.3.3.7 Turkey
    • 5.3.3.8 Russia
    • 5.3.3.9 Rest of Europe
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Colombia
    • 5.3.4.4 Rest of South America
    • 5.3.5 Middle-East and Africa
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.2 Qatar
    • 5.3.5.3 United Arab Emirates
    • 5.3.5.4 Nigeria
    • 5.3.5.5 Egypt
    • 5.3.5.6 South Africa
    • 5.3.5.7 Rest of Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share (%)**/Ranking Analysis
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 Balfour beatty
    • 6.4.2 Boral Limited
    • 6.4.3 CRH Plc
    • 6.4.4 Elo Beton
    • 6.4.5 Fabcon Precast
    • 6.4.6 Forterra
    • 6.4.7 FP McCann
    • 6.4.8 Gulf Precast Concrete Co. LLC
    • 6.4.9 Holcim
    • 6.4.10 Larsen & Toubro Limited (India)
    • 6.4.11 Olson Precast Company
    • 6.4.12 Skanska AB
    • 6.4.13 Tindall Corporation
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 New Technology Advancements in Precast Concrete
  • 7.2 Other Opportunities
**Subject to Availability
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Precast Concrete Industry Segmentation

Precast concrete is a type of concrete that is manufactured in a controlled factory environment rather than being cast on-site. This prefabricated concrete product is shaped using molds or forms and subsequently transported to construction sites for assembly and installation.

The precast concrete market is segmented by product type, end-user industry, and geography. By product type, the market is segmented into beams & columns, paving slabs, floors & roofs, pipes, walls & barriers, and others. By end-user industry, the market is segmented into residential, infrastructure, commercial, industrial, and institutional. The report also covers the market sizes and forecasts for the global precast concrete market in 27 countries across major regions. For each segment, the market sizing and forecasts have been done on the basis of value (USD).

Product Type Beams & Columns
Paving Slabs
Floors & Roofs
Pipes
Walls & Barriers
Others
End-user Industry Residential
Infrastructure
Commercial
Industrial and Institutional
Geography Asia-Pacific China
India
Japan
South Korea
Malaysia
Thailand
Indonesia
Vietnam
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Nordic Countries
Turkey
Russia
Rest of Europe
South America Brazil
Argentina
Colombia
Rest of South America
Middle-East and Africa Saudi Arabia
Qatar
United Arab Emirates
Nigeria
Egypt
South Africa
Rest of Middle-East and Africa
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Precast Concrete Market Research FAQs

How big is the Precast Concrete Market?

The Precast Concrete Market size is expected to reach USD 143.12 billion in 2025 and grow at a CAGR of 4.52% to reach USD 178.52 billion by 2030.

What is the current Precast Concrete Market size?

In 2025, the Precast Concrete Market size is expected to reach USD 143.12 billion.

Who are the key players in Precast Concrete Market?

Holcim, Boral Limited, Tindall Corporation, Larsen & Toubro Limited and Gulf Precast are the major companies operating in the Precast Concrete Market.

Which is the fastest growing region in Precast Concrete Market?

North America is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Precast Concrete Market?

In 2025, the North America accounts for the largest market share in Precast Concrete Market.

What years does this Precast Concrete Market cover, and what was the market size in 2024?

In 2024, the Precast Concrete Market size was estimated at USD 136.65 billion. The report covers the Precast Concrete Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Precast Concrete Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Precast Concrete Industry Report

Statistics for the 2025 Precast Concrete market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Precast Concrete analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Precast Concrete Market Report Snapshots