Precast Concrete Market Size, Share, Forecast 2024-2032

Imracrahul21 Aug, 2024Other

The global precast concrete market size reached US$ 128.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 195.4 Billion by 2032, exhibiting a growth rate (CAGR) of 4.6% during 2024-2032. Rapid urbanization and infrastructure development, recent technological advancements, rising emphasis on environmental sustainability, and the imposition of supportive government policies are some of the major factors propelling the market share.

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