US precast concrete demand

摘要

US demand for precast concrete infrastructure construction products is expected to increase 4.4% annually to $2.4 billion by 2022, according to market research by the Cleveland-based Freedonia Group.Growth, says the Freedonia Group (Freedonia), will be fuelled by the need to repair the nation's ageing network of bridges, highways, roads and railroad tracks and increased adoption of precast concrete over less expensive site-poured concrete, as more government officials recognise that the long-term cost savings provided by its durability outweigh short term considerations. Freedonia says another growth factor will be efforts by the US Federal Government to increase spending on new infrastructure.Overall gains, continues Freedonia, will be restricted by transport infrastructure funding concerns at the state and local levels due to budget constraints. All these and other trends are presented in 'Precast Concrete Products in the US, 4th Edition'.