Precasting Market

Date: 2016-05

Pre-casting means construction of a product by casting concrete in a reusable mold and curing it under a controlled environment. It is then transported to the construction site and lifted into a place. Precast concrete offer many potential advantages over onsite casting. The production of precast concrete is safe because the process is performed on the ground level. The material quality and workmanship are under great control in pre-casting over onsite casting. They can be reused hundreds to thousands of times before they can be replaced, which make them cost efficient. The fact that more and more construction industries prefer to use precast concrete over onsite concrete will see this market grow in the coming years.

The global pre-casting market has been analyzed with respect to different parameters such as demand, supply, end-users and manufacturers of pre-casting concrete. Pre-casting market is categorized based on type of products produced, types of construction and end-users of the industry. On the basis of type of products pre-casting market is segmented into roof slabs, beams, columns, wall panels and others.

Precasting Market

The overall market is also presented from the perspective of different geographic regions and key countries in each region. Asia Pacific was the dominant region in the market in the year 2015. This is due to the incremental demand for construction industries in the developing nations.

The pre-casting market is dominated by five major companies namely:
BIBM (Belgium)
Komatsu Ltd. (Japan)
Larsen &Toubro Ltd. (India)

Key players in this market also include various companies such as:
Atlus Group Ltd. (Canada)
High Concrete Group LLC (U.S.)
Dubai Precast LLC (UAE),
ELEMATIC Oyj (India)

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