China Precast Concrete Market Summary
The China Precast Concrete market is projected to grow significantly, reaching 52.0 USD Billion by 2035 from a base of 18.6 USD Billion in 2024.
Key Market Trends & Highlights
China Precast Concrete Key Trends and Highlights
- The market is valued at 18.6 USD Billion in 2024 and is expected to expand to 52.0 USD Billion by 2035.
- A compound annual growth rate (CAGR) of 9.78% is anticipated from 2025 to 2035, indicating robust growth potential.
- The increasing demand for sustainable construction practices is likely to drive market expansion in the coming years.
- Growing adoption of precast concrete technology due to the need for faster construction timelines is a major market driver.
Market Size & Forecast
2024 Market Size | 18.6 (USD Billion) |
2035 Market Size | 52.0 (USD Billion) |
CAGR (2025-2035) | 9.78% |
Major Players
China Railway Group, Longjian Road & Bridge Construction, Sinoma International Engineering, China Communications Construction Company, Jiangsu AOHUI Construction, Zhejiang Gheny Construction, China Gezhouba Group Company, China Minmetals Corporation, China State Construction Engineering Corporation, Beijing New Building Materials, Shandong Aojin Construction, Sangyo Group, Hongyang Group, Tianjin Port Development Holdings, China National Building Material Group