Precast concrete structures (in 1,000 cubic meters)17.1475.5
[USPRwire, Thu Aug 30 2018] The report "
Precast Concrete Market by Element (Columns & Beams, Floors & Roofs, Girders, Walls & Barriers, Utility Vaults), Construction Type (Elemental, Permanent Modular, Relocatable), End-use Sector (Residential, Non-residential) - Global Forecast to 2022", The
precast concrete market size is projected to grow from USD 104.03 Billion in 2017 to USD 138.96 Billion by 2022, at an estimated CAGR of 5.96%.
The Angat Water Transmission Improvement Project (AWTIP) in Norzagaray, commissioned by the Manila Waterworks and Sewerage System, and the MRT-7 project from Commonwealth in Quezon City to Norzagaray and San Jose del Monte in Bulacan, for example, use
precast concrete produced by Frey-Fil Corp.
Indeed,
precast concrete and other prefabricated products can help improve worker safety in project sites.
Metromont, a specialist in the engineering and manufacturing of
precast concrete for commercial construction, will purchase Shockey Precast Group from its current owner, Don Shockey.
Prepared by the Direct Design of Buried Concrete Pipe Box Sections Standards Committee of the Construction Institute (CI) of the American Society of Civil Engineers (ASCE), this book outlines Standard ASCE/CI 15-17 for direct design of buried
precast concrete pipe using standard installations, known as SIDD (Standard Installations Direct Design), manufactured in accordance with ASTM C 1417.
The ABC system, consisted of
precast concrete bridge superstructure elements, ensuring the bridges could be built during the weekend closures.
The new facility, which will be Gulf Precast's seventh plant in the UAE, will cover an area of around 72,000 sq m and focus on the production of high-quality
precast concrete elements, predominantly for the local construction industry.
Abu Dhabi Ports has signed a Musataha agreement with Gulf Precast, the largest
precast concrete company in the UAE, which will be investing Dh50 million to set up its new
precast concrete manufacturing plant at Khalifa Port's Industrial Zone.
While the UAE and Qatar are using
precast concrete on large-scale infrastructure projects, in Saudi Arabia it will be used to help the government to build a massive 500,000 new homes.
The demand for
precast concrete in the construction sector across the Gulf region is on the rise as more developers realise how its use can speed up completion time in major projects, said a report.