Precast Construction Market Projected to Reach USD 229.63 Billion by 2030, Growing at 5.6% CAGR
Precast Construction Market Set to Reach USD 229.63 Billion by 2030, Growing at a 5.6% CAGR Summary The global Precast Construction Market, valued at USD 156.81 billion in 2023, is anticipated to grow at a compound annual growth rate (CAGR) of 5.6% from 2024 to 2030, reaching nearly USD 229.63 billion by the end of the forecast period. This growth is driven by increasing urbanization, advancements in construction technology, and a rising demand for sustainable and efficient building solutions.
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