The Global Precast Concrete Market is Projected to Grow at a CAGR of 5% Through 2025

A recent study conducted by Transparency Market Research shows the global precast concrete market growing at a healthy CAGR of 5% through 2025. Two major factors contributing to this growth are swift urbanization and high demand for commercial construction projects.

 

Urbanization A Driving Force Behind Global Precast Market Growth

 

As the global economy has become more integrated a population shift has occurred with residents leaving rural areas and moving to metropolitan hubs. Cities are catering to this demand and are utilizing precast concrete to help build needed infrastructure. Precast concrete provides many benefits such as design-build efficiency, low maintenance, reduced costs, and aesthetic versatility.

 

High Demand For Commercial Construction

 

With mass migration from rural to metropolitan areas numerous commercial structures will need to be built including malls, hotels, and offices. Architects and builders love specing precast concrete products in commercial projects as it’s cost-effective, easy to produce, less labor-intensive and reduces build time.

 

Highly Engineered, High-Performance Solutions Tailored To The Precast Concrete Industry

 

Volatile Free, Inc. (VFI) manufactures a highly engineered, high-performance line of urethane molding rubbers for the precast concrete industry. With multiple Shore Hardness and pot life options, VFI has a product for all your precast concrete needs.

 

To learn more about VFI’s urethane rubbers contact us at 800-307-9218.

Five Benefits of Precast Concrete Products

 

A recent study predicts that the global precast concrete market is expected to reach $130.11 Billion by 2025.

Precast concrete is a construction product that uses a reusable mold during the manufacturing process to form concrete into its desired shape. This method has many benefits over traditional methods.

It Saves Money

Traditionally concrete has been cast using steel or wood molds that take a long time to build, increasing labor costs. Most of the time these molds are used once and then discarded. Precast molds are commonly made from rubber and can be used hundreds of times before being replaced.

Versatility 

With multiple types of rubber, shore hardness and pot life options precast concrete products can be used in multiple applications. These applications include but are not limited to architectural concrete, cast veneer, stone, flexible form liners, sound walls, retaining walls and many more!

Control

Precast concrete pieces that are poured off-site are able to be manufactured in controlled environments, limiting the effects of bad weather and producing a more consistent product.

Aesthetics

Precast concrete products are more than just functional, they can be decorative too. These products can be molded into different configurations and shapes that can enhance your building project. Some design elements that can be incorporated into precast concrete products are stone patterns, masonry patterns, arches, cornices and many more!

Efficiency 

Products made using precast methods arrive on the job site ready to be installed. This eliminates the need to order raw materials, eliminates the time to set up forms and lowers labor cost.

Volatile Free, Inc. ® has noticed an increased demand for precast concrete products from its customer base and has created the 3100 Series line of rubbers to service those needs.

If your company is involved in precast concrete make sure to stop by booth S12453 at the World of Concrete. Not attending World of Concrete? No problem you can still request more information and samples of our 3100 Series by calling 800-307-9218.