Market researcher tracks structural precast against C-I-P, steel alternatives

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. 

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Utility structures help precast shipments outpace overall 2013 construction market

NS-Precast-150

Reflecting input from more than 60 producers operating 200-plus plants, the National Precast Concrete Association’s recent Precast Industry Benchmarking Survey indicates 2013 shipments increased 5.2 percent over the prior year, to $16.2 billion—encompassing an estimated 33 million yd. of concrete output and 11 million tons of cement consumption.

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