size is expected to reach USD 139.33 billion by 2028 registering a CAGR of 5.3%, according to a new report by Grand View Research Inc. Growing product utilization in the residential construction industry to reduce the overall cost of construction is expected to drive the market growth over the forecast period. China, India, Indonesia, and Vietnam are some of the major Asian economies that are witnessing an infrastructure boom. Thus, growing investments in the construction of underground and over the ground metro rail projects, bridges, tunnels, subways, and high-speed rail networks are anticipated to provide a major boost to the global market.
Key suggestions from the report:
According to the new market research report "Precast Concrete Market by Element (Columns & Beams, Floors & Roofs, Girders, Walls & Barriers, Utility Vaults, Pipes, Paving Slabs), Construction Type, End-use Sector (Residential, Non-residential) - Global Forecast to 2025", published by MarketsandMarkets™, the global Precast Concrete Market size is projected to grow from USD 130.6 billion in 2020 to USD 174.1 billion by 2025, at a CAGR of 5.9% from 2020 to 2025.
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The Lafarge Canada Inc. Precast Plant in Winnipeg, Manitoba, has supplied a sustainable solution for the construction of the 18-story multi-use apartment building at 221 Stradbrook. This apartment building is located alongside the Red and Assiniboine Rivers and is only footsteps from the Historic Forks Market. The Stradbrook building boasts a total precast concrete design made possible by architect Dustin Sharrow of MMP Architects and the Lafarge design team.
The sustainability of precast is showcased by the building’s modern aesthetic, fire-resistant, and energy-efficient concrete panels. Precast concrete helps to moderate temperature, all the while reducing the operating costs for the people living at the apartments.
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14-04-2018 Max Temp : 33.0°C Min Temp : 19.0°C
15-04-2018 Max Temp : 34.0°C Min Temp : 19.0°C
16-04-2018 Max Temp : 34.0°C Min Temp : 20.0°C
17-04-2018 Max Temp : 33.0°C Min Temp : 20.0°C
18-04-2018 Max Temp : 33.0°C Min Temp : 20.0°C
Chamba
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14-04-2018 Max Temp : 29.0°C Min Temp : 10.0°C
15-04-2018 Max Temp : 30.0°C Min Temp : 11.0°C
16-04-2018 Max Temp : 29.0°C Min Temp : 10.0°C
17-04-2018 Max Temp : 28.0°C Min Temp : 9.0°C
18-04-2018 Max Temp : 27.0°C Min Temp : 9.0°C
Faridabad
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14-04-2018 Max Temp : 36.0°C Min Temp : 20.0°C
15-04-2018 Max Temp : 37.0°C Min Temp : 20.0°C
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