South & Central America Precast Concrete Market Forecast to 2030

South & Central America Precast Concrete Market Forecast to 2030

South & Central America Precast Concrete Market Forecast to 2030 РRegional Analysis Рby Structure System (Beam and Column System, Floor and Roof System, Bearing Wall System, Fa̤ade System, and Others) and End Use (Residential, Commercial, and Others)

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Description

The South & Central America precast concrete market was valued at US$ 3,676.92 million in 2022 and is expected to reach US$ 5,523.09 million by 2030; it is estimated to register at a CAGR of 5.2% from 2022 to 2030.

Significant Investment in Innovation and Product Development Drives South & Central America Precast Concrete Market

The precast concrete industry is constantly innovating, driven by changes in global markets, rise in consumer demands, and labor cost pressures. Producers are continually seeking ways to increase efficiency, boost quality, and increase their bottom line. Furthermore, increased environmental awareness and emphasis on project life cycles have increased the demand for sustainable construction practices-especially those designed to reduce waste, greenhouse gas emissions, and energy consumption-which will further propel the South & Central America precast concrete market. Moreover, modern precast concrete production technologies enable material optimization. For instance, in 2019, the new Extruder E9 was introduced. It is the pinnacle of best-in-class extruders. The unit, which represents Elematic’s 5th generation of extruders, establishes a new standard for high-speed casting in hollow-core slab production while maintaining low production costs.

Further, 3D printed precast concrete forms are also providing new creative solutions and a completely new way of thinking about design to the architectural precast industry. Molds that are 3D-printed have many benefits over traditional molds, such as they take less time to construct, produces highly replicable and long-lasting components, less material waste, and the molds can be used up to 200 times, which is an order of magnitude more than conventional molds, which can normally only be used for 15 to 20 concrete pours. This advantage reduces the marginal cost per piece for large, repetitive projects by spreading the mold’s total cost over a larger number of concrete sheets.

In addition, the use of 3D-printed molds would increase the appeal of precast construction to architects and designers by enabling them to develop innovative and more complex building designs. The increasing innovations by the manufacturers in the development of cost-effective, eco-friendly, and performance-efficient precast concrete will create significant opportunities for the growth of the market.

South & Central America Precast Concrete Market Overview

South America includes countries such as Brazil, Argentina, and the Rest of South America. South America is another region contributing to the growth of precast concrete. With the urbanization of the population in South America, the precast concrete market has been estimated to be increasing over the forecast period. South America are among the fast-developing precast concrete market globally but is less mature and slow compared to other regions. Brazil and Argentina are driving the growth of the market in the region.

The precast concrete market in South America is primarily driven by the high use of this process by the end-use industries. Precast concrete has extensive use in the building and construction industry. The precast concrete industry in Brazil is currently flourishing. The local sector uses this opportunity to get to know foreign suppliers and inform themselves about the newest trends and developments. Precast concrete offers various advantages, including reducing construction time, high-quality control, cost efficiency, and environmental protection. Besides, the use of precast concrete for constructing buildings, bridges, and stadiums has raised work-zone safety, which is the other factor anticipated to drive the market growth during 2022-2030.

Furthermore, the region’s key players can increase their market share by focusing on product development and innovations. It is considered that with the increasing presence of global and local market players, coupled with growing research and development activities, the precast concrete market will find immense opportunities in the coming years. The rise in investment in research & development activities and technological innovation related to precast concrete is also expected to bolster the growth of the market.

South & Central America Precast Concrete Market Revenue and Forecast to 2030 (US$ Million)

South & Central America Precast Concrete Market Segmentation

The South & Central America precast concrete market is segmented based on structure system, end use, and country.

Based on structure system, the South & Central America precast concrete market is segmented into beam and column system, floor and roof system, bearing wall system, façade system, and others. The beam and column system segment held the largest share in 2022.

In terms of end use, the South & Central America precast concrete market is segmented into residential, commercial, and others. The commercial segment held the largest share in 2022.

Based on country, the South & Central America precast concrete market is categorized into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America precast concrete market in 2022.

Heidelberg Materials AG, Cemex SAB de CV manufacturer, Holcim Ltd, and Consolis Group SAS are some of the leading companies operating in the South & Central America precast concrete market.

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At 5.2% CAGR, South & Central America Precast Concrete Market is Speculated to be Worth US$ 5,523.09 Million by 2030, says the Research Team

According to the Research Team’ research, the South & Central America precast concrete market was valued at US$ 3,676.92 million in 2022 and is expected to reach US$ 5,523.09 million by 2030, registering a CAGR of 5.2% from 2022 to 2030. Supportive government initiatives in emerging economies and need for cost-effective, safe, and eco-friendly products and rise in renovation are among the critical factors attributed to the South & Central America precast concrete market expansion.

Precast concrete is widely used in housing, factories, and leading national laboratories around the world to support government programs. In addition, precast construction is a cost-effective, fast, and environment-friendly building method for large housing projects that do not compromise quality. Housing crisis is one of the world’s major issues today. Around 330 million urban households worldwide have substandard living conditions. Around 200 million households in developing countries live in slums. At least 1.6 billion people worldwide are expected to be homeless by 2025. Owing to this, the governments of various economies have taken certain initiatives by investing in infrastructure renewal. Many countries are investing in a variety of ventures as a result of ongoing investment and technological advances. The aim of such large-scale projects is to provide lower-income groups with housing options, generate new job opportunities, and diversify the economy. The supporting government initiatives will provide ample opportunities for the market players operating in the South & Central America precast concrete market.

On the contrary, volatility in raw material prices hampers the growth of South & Central America precast concrete market.

Based on structure system, the South & Central America precast concrete market is segmented into beam and column system, floor and roof system, bearing wall system, façade system, and others. The beam and column system segment held 32.4% share of the South & Central America precast concrete market in 2022, amassing US$ 1,192.31 million. It is projected to garner US$ 1,869.34 million by 2030 to expand at 5.8% CAGR during 2022-2030.

In terms of end use, the South & Central America precast concrete market is segmented into residential, commercial, and others. The commercial segment held 62.2% share of the South & Central America precast concrete market in 2022, amassing US$ 2,285.38 million. It is estimated to garner US$ 3,497.54 million by 2030 to expand at 5.5% CAGR during 2022-2030.

Based on country, the South & Central America precast concrete market is categorized into Brazil, Argentina, and the Rest of South & Central America. Brazil held 49.0% share of South & Central America precast concrete market in 2022, amassing US$ 1,800.95 million. It is projected to garner US$ 2,757.61 million by 2030 to expand at 5.5% CAGR during 2022-2030.

Key players operating in the South & Central America precast concrete market are Heidelberg Materials AG, Cemex SAB de CV manufacturer, Holcim Ltd, and Consolis Group SAS, among others.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America precast concrete market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in South & Central America precast concrete market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth South & Central America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South & Central America Precast Concrete Market Landscape
4.1 Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Intensity of Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Overview:
4.3.2 Raw Material Suppliers:
4.3.3 Manufacturers
4.3.4 Buyers
4.3.5 End Use
5. South & Central America Precast Concrete Market – Key Industry Dynamics
5.1 South & Central America Precast Concrete Market – Key Industry Dynamics
5.2 Market Drivers
5.2.1 Need for Cost-Effective, Safe, and Eco-Friendly Products
5.2.2 Rise in Renovation and Remodeling Activities Across the Globe
5.3 Market Restraints
5.3.1 Volatility in Raw Material Prices
5.4 Market Opportunities
5.4.1 Supportive Government Initiatives in Emerging Economies
5.5 Future Trends
5.5.1 Significant Investment in Innovation and Product Development
5.6 Impact of Drivers and Restraints:
6. Precast Concrete Market – South & Central America Market Analysis
6.1 South & Central America Precast Concrete Market Revenue (US$ Million), 2022 – 2030
6.2 South & Central America Precast Concrete Market Forecast and Analysis
7. South & Central America Precast Concrete Market Analysis – Structure System
7.1 Beam and Column System
7.1.1 Overview
7.1.2 Beam and Column System Market, Revenue and Forecast to 2030 (US$ Million)
7.2 Floor and Roof System
7.2.1 Overview
7.2.2 Floor and Roof System Market, Revenue and Forecast to 2030 (US$ Million)
7.3 Bearing Wall System
7.3.1 Overview
7.3.2 Bearing Wall System Market, Revenue and Forecast to 2030 (US$ Million)
7.4 Facade System
7.4.1 Overview
7.4.2 Facade System Market, Revenue and Forecast to 2030 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others Market, Revenue and Forecast to 2030 (US$ Million)
8. South & Central America Precast Concrete Market Analysis – End Use
8.1 Residential
8.1.1 Overview
8.1.2 Residential Market, Volume and Forecast to 2030 (Million Cubic Meters)
8.1.3 Residential Market, Revenue and Forecast to 2030 (US$ Million)
8.2 Commercial
8.2.1 Overview
8.2.2 Commercial Market, Volume and Forecast to 2030 (Million Cubic Meters)
8.2.3 Commercial Market, Revenue and Forecast to 2030 (US$ Million)
8.3 Others
8.3.1 Overview
8.3.2 Others Market, Revenue and Forecast to 2030 (Million Cubic Meters)
8.3.3 Others Market, Revenue and Forecast to 2030 (US$ Million)
9. South and Central America Precast Concrete Market – Country Analysis
9.1 South and Central America
9.1.1 South and Central America Precast Concrete Market Revenue and Forecasts and Analysis – By Country
9.1.1.1 Brazil Precast Concrete Market Volume and Forecasts to 2030 (Million Cubic Meters)
9.1.1.2 Brazil Precast Concrete Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.2.1 Brazil Precast Concrete Market Breakdown by Structure System
9.1.1.2.2 Brazil Precast Concrete Market Breakdown by End Use
9.1.1.2.3 Brazil Precast Concrete Market Breakdown by End Use
9.1.1.3 Argentina Precast Concrete Market Volume and Forecasts to 2030 (Million Cubic Meters)
9.1.1.4 Argentina Precast Concrete Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.4.1 Argentina Precast Concrete Market Breakdown by Structure System
9.1.1.4.2 Argentina Precast Concrete Market Breakdown by End Use
9.1.1.4.3 Argentina Precast Concrete Market Breakdown by End Use
9.1.1.5 Rest of South and Central America Precast Concrete Market Volume and Forecasts to 2030 (Million Cubic Meters)
9.1.1.6 Rest of South and Central America Precast Concrete Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.6.1 Rest of South and Central America Precast Concrete Market Breakdown by Structure System
9.1.1.6.2 Rest of South and Central America Precast Concrete Market Breakdown by End Use
9.1.1.6.3 Rest of South and Central America Precast Concrete Market Breakdown by End Use
10. Industry Landscape
10.1 Overview
10.2 New Product Development
10.3 Merger and Acquisition
10.4 Partnerships
10.5 Other Business Strategies
11. Company Profiles
11.1 Heidelberg Materials AG
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.1.7 Sales Volume
11.2 Cemex SAB de CV manufacturer
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.2.7 Sales Volume
11.3 Holcim Ltd
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.3.7 Sales Volume
11.4 Consolis Group SAS
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.4.7 Sales Volume
12. Appendix
12.1 About the Research Team

LIST OF TABLES

Table 1. South & Central America Precast Concrete Market Segmentation
Table 2. South & Central America Precast Concrete Market Revenue and Forecasts to 2030 (US$ Million)
Table 3. South & Central America Precast Concrete Market Revenue and Forecasts to 2030 (US$ Million) – Structure System
Table 4. South & Central America Precast Concrete Market Volume and Forecasts to 2030 (Million Cubic Meters) – End Use
Table 5. South & Central America Precast Concrete Market Revenue and Forecasts to 2030 (US$ Million) – End Use
Table 6. Brazil Precast Concrete Market Revenue and Forecasts to 2030 (US$ Mn) – By Structure System
Table 7. Brazil Precast Concrete Market Volume and Forecasts to 2030 (Million Cubic Meters) – By End Use
Table 8. Brazil Precast Concrete Market Revenue and Forecasts to 2030 (US$ Mn) – By End Use
Table 9. Argentina Precast Concrete Market Revenue and Forecasts to 2030 (US$ Mn) – By Structure System
Table 10. Argentina Precast Concrete Market Volume and Forecasts to 2030 (Million Cubic Meters) – By End Use
Table 11. Argentina Precast Concrete Market Revenue and Forecasts to 2030 (US$ Mn) – By End Use
Table 12. Rest of South and Central America Precast Concrete Market Revenue and Forecasts to 2030 (US$ Mn) – By Structure System
Table 13. Rest of South and Central America Precast Concrete Market Volume and Forecasts to 2030 (Million Cubic Meters) – By End Use
Table 14. Rest of South and Central America Precast Concrete Market Revenue and Forecasts to 2030 (US$ Mn) – By End Use
 

LIST OF FIGURES

Figure 1. South & Central America Precast Concrete Market Segmentation, By Country
Figure 2. South & Central America precast concrete market – Porter’s Analysis
Figure 3. Ecosystem: South & Central America precast concrete market
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. South & Central America Precast Concrete Market Revenue (US$ Million), 2022 – 2030
Figure 6. South & Central America Precast Concrete Market Share (%) – Structure System, 2022 and 2030
Figure 7. Beam and Column System Market Revenue and Forecasts to 2030 (US$ Million)
Figure 8. Floor and Roof System Market Revenue and Forecasts to 2030 (US$ Million)
Figure 9. Bearing Wall System Market Revenue and Forecasts to 2030 (US$ Million)
Figure 10. Facade System Market Revenue and Forecasts to 2030 (US$ Million)
Figure 11. Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 12. South & Central America Precast Concrete Market Share (%) – End Use, 2022 and 2030
Figure 13. Residential Market Volume and Forecasts to 2030 (Million Cubic Meters)
Figure 14. Residential Market Revenue and Forecasts to 2030 (US$ Million)
Figure 15. Commercial Market Volume and Forecasts to 2030 (Million Cubic Meters)
Figure 16. Commercial Market Revenue and Forecasts to 2030 (US$ Million)
Figure 17. Others Market Volume and Forecasts to 2030 (Million Cubic Meters)
Figure 18. Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 19. South and Central America Precast Concrete Market, by Key Country – Revenue (2022) (US$ Million)
Figure 20. South and Central America Precast Concrete Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 21. Brazil Precast Concrete Market Volume and Forecasts to 2030 (Million Cubic Meters)
Figure 22. Brazil Precast Concrete Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 23. Argentina Precast Concrete Market Volume and Forecasts to 2030 (Million Cubic Meters)
Figure 24. Argentina Precast Concrete Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 25. Rest of South and Central America Precast Concrete Market Volume and Forecasts to 2030 (Million Cubic Meters)
Figure 26. Rest of South and Central America Precast Concrete Market Revenue and Forecasts to 2030 (US$ Mn)

1. Heidelberg Materials AG
2. Cemex SAB de CV manufacturer
3. Holcim Ltd
4. Consolis Group SAS

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