Middle East and Africa Precast Concrete Market Key Companies and SWOT Analysis by 2028
Middle East and Africa Precast Concrete Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Structure System (Beam and Column System, Floor and Roof System, Bearing Wall System, Façade System, and Others) and End Use (Residential, Commercial, and Others)v5/8520
- Status : Published
- Report Code : TIPRE00023717
- Category : Chemicals and Materials
- No. of Pages : 94
- Available Report Formats :
- Last update date : July 12, 2021
2021 Market Size
US$ 8,496.16 Mn
Base year value
2028 Forecast
US$ 12,766.26 Mn
Projected by 2028
CAGR 2022-2028
6.0 %
Growth rate
Addressable Market
US$ 75,594.31 Mn
(2022-2028)
The precast concrete market in MEA is expected to reach US$ 12,766.26 million by 2028 from US$ 8,496.16 million in 2021. The market is estimated to grow at a CAGR of 6.0% from 2021 to 2028.
The UAE, South Africa, and Saudi Arabia are major economies in MEA. 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 precast concrete market. Moreover, modern precast concrete production technologies enable material optimization.
Saudi Arabia has the highest number of COVID-19 cases in the Middle East & Africa, followed by Turkey and the UAE. The UAE was the first country in the Middle East & Africa to report a confirmed case of COVID-19. Due to the lockdowns in the Middle East & African countries, numerous chemicals & materials companies remain closed, and construction activities have also been halted, thus, negatively impacting the region's precast concrete industry.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the MEA precast concrete market. The MEA precast concrete market is expected to grow at a good CAGR during the forecast period.
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
MEA Precast Concrete Market Segmentation
MEA Precast Concrete Market – By Structure System
- Floor and Roof System
- Bearing Wall System
- Facade System
- Others
MEA Precast Concrete Market- By End Use
- Residential
- Commercial
- Others
MEA Precast Concrete Market - By Country
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
MEA Precast Concrete Market -Companies Mentioned
- Abetong AB
- CEMEX S.A.B. de C.V.
- Consolis
- ELO Beton
- GULF PRECAST
- LafargeHolcim
Middle East and Africa Precast Concrete Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 8,496.16 Million |
| Market Size by 2028 | US$ 12,766.26 Million |
| CAGR (2021 - 2028) | 6.0% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Structure System
|
| Regions and Countries Covered |
Middle East and Africa
|
| Market leaders and key company profiles |
|
- Comprehensive Market Sizing and Forecast Analysis
- Detailed Segmentation Analysis
- In-Depth Market Dynamics Assessment
- Regional and Country-Level Insights
- Competitive Landscape and Company Benchmarking
- Strategic Business Intelligence
Recent Reports
Testimonials
The Insight Partners provided valuable market intelligence that supported our global go-to-market strategy. Their team was professional, responsive, and attentive to our feedback, providing thoughtful analysis and helpful methodological clarifications throughout the project.
Junmo Kim Chief Financial Officer (CFO), Enertech Co., Ltd.
The Insight Partners' SCADA System Market report is comprehensive, with valuable insights on current trends and future forecasts. The team was highly professional, responsive, and supportive throughout. We are very satisfied and highly recommend their services.
RAN KEDEM Partner, Reali Technologies LTDs
I requested a report on a very specific software market and the team produced the report in a few days. The information was very relevant and well presented. I then requested some changes and additions to the report. The team was again very responsive and I got the final report in less than a week.
JEAN-HERVE JENN Chairman, Future Analytica
We worked with The Insight Partners for an important market study and forecast. They gave us clear insights into opportunities and risks, which helped shape our plans. Their research was easy to use and based on solid data. It helped us make smart, confident decisions. We highly recommend them.
PIYUSH NAGPAL Sr. Vice President, High Beam Global
The Insight Partners delivered insightful, well-structured market research with strong domain expertise. Their team was professional and responsive throughout. The user-friendly website made accessing industry reports seamless. We highly recommend them for reliable, high-quality research services
YUKIHIKO ADACHI CEO, Deep Blue, LLC.
This is the first time I have purchased a market report from The Insight Partners.While I was unsure at first, I visited their web site and felt more comfortable to take the risk and purchase a market report.I am completely satisfied with the quality of the report and customer service. I had several questions and comments with the initial report, but after a couple of dialogs over email with their analyst I believe I have a report that I can use as input to our strategic planning process.Thank you so much for taking the extra time and making this a positive experience.I will definitely recommend your service to others and you will be my first call when we need further market data.
JOHN SUZUKI President and Chief Executive Officer, Board Director, BK Technologies
I wish to appreciate your support and the professionalism you displayed in the course of attending to my request for information regarding to infectious disease IVD market in Nigeria. I appreciate your patience, your guidance, and the fact that you were willing to offer a discount, which eventually made it possible for us to close a deal. I look forward to engaging The Insight Partners in the future, all thanks to the impression you have created in me as a result of this first encounter.
DR CHIJIOKE ONYIA MANAGING DIRECTOR, PineCrest Healthcare Ltd.Reason to Buy
- Informed Decision-Making
- Understanding Market Dynamics
- Competitive Analysis
- Identifying Emerging Markets
- Customer Insights
- Market Forecasts
- Risk Mitigation
- Boosting Operational Efficiency
- Strategic Planning
- Investment Justification
- Tracking Industry Innovations
- Aligning with Regulatory Trends
Get Free Sample for