Cracked up: Poor performance in nonresidential construction markets has cut into industry potential

Operators in the Precast Concrete Manufacturing industry in Canada design and manufacture products such as tiles, slabs, panels, culverts, manholes, beams and trusses. Industry products are either precast using a standard mould or prestressed under the pressure of steel rods and are used in construction projects. Public utilities, energy, mining and transportation infrastructure construction generate the majority of demand for precast and prestressed concrete, followed by residential and commercial building construction. The industry has experienced a boost from exports, although these have traditionally been a minor share of industry revenue. A...read more.

Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 14-19
-2.6%
Forecast Growth 19-24
Profit
Employment
7,344
Businesses
256
Market Share of Companies

Industry Threats & Opportunities

  • Recent government initiatives will increase demand for industry products
  • Strong export growth was caused by export figures being lower than usual
  • An expanding economy will ripple through the nonresidential construction sector
  • Industry Report - Industry Analysis Chapter

    The Precast Concrete Manufacturing industry in Canada designs and manufactures precast and prestressed concrete products. Precast concrete is cast in a reusable mould before being cured and installed. Industry products include floor slabs, roof tiles, wall panels, manholes and sewage storage tanks. Prestressed concrete is cast under stretched high-strength steel cables, giving the concrete increased strength and stress resistance. Prestressed products include beams and trusses that are used to support open-air structures such as highways and bridges.Industry products are used for the construction of a wide variety of both building and nonbuilding structures. The...purchase to read more.

    Additional Insights for the Precast Concrete Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Precast Concrete Manufacturing Industry are

  • Proximity to key markets
  • Upstream vertical integration
  • Downstream ownership links
  • IBISWorld analysts also discuss how external factors such as Government expenditure and investment and Value of nonresidential construction in the Precast Concrete Manufacturing industry impact industry performance..

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    What's in this report

    What is the Precast Concrete Manufacturing Industry?

    Operators in this industry manufacture precast and prestressed concrete products for use in various construction markets. Industry products include precast concrete slabs and panels, building boards, roofing tiles, railroad ties, posts and poles, in addition to prestressed bridge beams and trusses. The production of concrete blocks, bricks and pipes are excluded from this industry.

    Industry Products
  • Precast concrete products
  • Prestressed concrete products
  • Other concrete products
  • Industry Activities
  • Producing precast concrete
  • Producing prestressed concrete
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Government expenditure and investment
  • Value of nonresidential construction
  • Value of residential construction
  • Canadian effective exchange rate index

  • Current Performance
  • Mixed demand from downstream markets
  • International trade
  • Industry landscape
  • Chart: Revenue Growth

  • Industry Outlook
  • Rebounding construction
  • Enduring competition
  • Table: Precast Concrete Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Precast Concrete Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Utilities In Canada
  • Apartment & Condominium Construction in Canada
  • Bridge & Elevated Highway Construction in Canada
  • Rail Transportation in Canada

  • Key Selling Industries
  • Cement Manufacturing in Canada
  • Sand & Gravel Mining in Canada
  • Stone Mining in Canada

  • Products & Services
  • Precast concrete products
  • Prestressed concrete products
  • Other concrete products
  • Chart: Precast Concrete Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Water, sewer, stormwater and wastewater construction
  • Electric utilities, energy and heavy industrial construction
  • Transport infrastructure construction
  • Building construction
  • Exports
  • Other construction
  • Chart: Major Market Segmentation for the Precast Concrete Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitWagesPurchasesDepreciationMarketingRentUtilitiesOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Precast Concrete Manufacturing

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Precast Concrete Manufacturing Industry

  • Industry Globalization
    Brooklin Concrete Products,
  • Table: Brooklin Concrete Products - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Precast Concrete Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Precast Concrete Manufacturing Industry
    Includes:
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Exports (2010-2024)
  • Imports (2010-2024)
  • Wages (2010-2024)
  • Wages (2010-2024)
  • Purchases (2010-2024)
  • Profit (2010-2024)
  • Depreciation (2010-2024)
  • Marketing (2010-2024)
  • Rent (2010-2024)
  • Utilities (2010-2024)
  • Other (2010-2024)
  • Value of nonresidential construction (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Concrete Beam
  • A long piece of concrete spanning an open part of a building structure, such as a bridge.
  • Concrete Culverts
  • A precast concrete conduit for enclosing a flowing body of water. Used for road crossings, irrigation and drainage.
  • Concrete Trusses
  • A structure comprising several triangular units used to support building structures such as bridges.
  • Precast Concrete
  • Concrete shapes that have been cast in a reusable mold.
  • Prestressed Concrete
  • Concrete shapes that have been manufactured between steel reinforcement bars.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Precast Concrete Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Precast Concrete Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Precast Concrete Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Precast Concrete Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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