Precast Concrete Market to Hit USD 235.1 Billion by 2031, Driven by...

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2025-06-18 17:49:08 -

Precast Concrete Market to Hit USD 235.1 Billion by 2031, Driven by Sustainable Construction Demand

The global precast concrete market was valued at USD 146.1 billion in 2022 and is projected to reach USD 235.1 billion by the end of 2031. This growth reflects a compound annual growth rate (CAGR) of 5.4% from 2023 to 2031. The market expansion is driven by increasing demand for cost-effective, durable, and sustainable construction solutions across residential, commercial, and infrastructure...

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