Building sector fuels precast market’s projected 6.4 percent annual growth

Led by architectural and structural building product demand, U.S. precast concrete shipments are on track to rise from $8.9 billion in 2013 to $12.15 billion in 2018. Time-saving and quality control advantages will enable precast to capture more market share from cast-in-place and steel alternatives over the next four years, according to a new study from Cleveland market researcher Freedonia Group.

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