Structural building components lead annual precast shipments and are on pace to exhibit nearly 6 percent annual growth over the next five years, according to “Precast Concrete Products,” a new analysis from Cleveland market researcher Freedonia Group. When specified for slabs, columns, foundations, or full building systems, precast concrete reduces costs in certain construction conditions and lowers site labor requirements.
Read MoreMarket researcher tracks structural precast against C-I-P, steel alternatives
