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Precast Concrete Market Structure With Top Industry Players, Region Wise Analysis and Complete Forecast Till 2028 
The global precast concrete market size is expected to showcase significant growth by reaching USD 159.85 billion by 2028. Fortune Business Insights, in its report titled “Precast Concrete Market, 2021-2028.”, mentions that the market stood at USD 114.78 billion in 2020 and is likely to exhibit a CAGR of 4.4% between 2021 and 2028. The rapid-paced urbanization, coupled with the rising population rate, is anticipated to favor the adoption of the product globally. According to the National Bureau of Statistics (NBS), around 901.99 million people reside in the mainland areas in China, which accounts for over 63.89% of the total population in the country.

The widespread effect of the global pandemic, COVID-19, has been felt across several economies that are facing unprecedented loss. Owing to the lockdown announced by the government agencies, several industries have been on a standstill with limited operational activities. However, a collective effort from the government as well as the industries is likely to bring the economy back on track and aid in the resumption of industrial activities.



What does the Report Include?

The market report includes qualitative and quantitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, which are contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies by them to announce partnerships, introduce new products, and collaboration that will further contribute to the growth of the market between 2021 and 2028.

Moreover, the research analyst has adopted several research methodologies such as SWOT and PESTEL analysis to extract information about the current trends and industry developments that will drive the market growth during the forecast period.

DRIVING FACTORS

Rapid-Paced Urbanization to Aid Growth

The evolving standard of living globally has led to the growing demand for quality-oriented and people-centered facilities. The rapid-paced urbanization has led to significant development of both residential and non-residential establishments.

Besides, a large number of masses are migrating from rural areas to urban places for better job opportunities. The fast-paced growth of smart cities equipped with state-of-the-art infrastructures such as airports, malls, sports complexes, and commercial spaces is anticipated to boost the demand for the product. Besides, the rising population rate across the globe is expected to contribute to the global precast concrete market growth during the forecast period.

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Precast Concrete Market Size, Growth & Industry Trends [2028]

The global precast concrete market is projected to grow from $118.48 billion in 2021 to $159.85 billion in 2028, at a CAGR of 4.4% in forecast period

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Europe Ultrasound Devices Market, Technology (Diagnostic Ultrasound, Therapeutic Ultrasound), Device Display (Color Ultrasound Devices, Black and White Ultrasound Devices), Portability (Cart-Based Ultrasound Devices, Handled Ultrasound Devices), Appl

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North America Ultrasound Devices Market, By Array Format (Phased Array, Linear Array, Curved Linear Array and Others), Device Display (Color Ultrasound Devices and Black and White (B/W) Ultrasound Devices), Device Portability (Trolley/Cart-Based Ultr

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The Canada Energy Drinks Market spikes at a CAGR of 12.2% during the forecast period by 2028. It is fragmented into source, functionality, and application.

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Respiratory Protective Equipment Market Revenue, Future Growth, Business Prospects and Forecast to 2027
The global respiratory protective equipment (RPE) market size is projected to reach USD 12.88 billion by 2027, exhibiting a CAGR of 7.2% during the forecast period. Spread of the coronavirus through air route will surge the adoption of RPE throughout 2020, observes Fortune Business Insights™ in its report, titled “Respiratory Protective Equipment (RPE) Market Size, Share & COVID-19 Impact Analysis, By Product (Air Purifying Respirators (APR) {Unpowered Air-Purifying Respirators [Disposable Filtering Half Mask, Half Mask, and Full Face Mask], and Powered Air-Purifying Respirators (PAPR) [Half Mask, Full Face Mask, and Helmets, Hoods & Visors}, and Supplied Air Respirators {Airline Respirators, Self-Contained Breathing Apparatus (SCBA), Combination SAR/SCBA or APR/SAR}), By End-Use (Industrial, Oil & Gas, Mining, Petrochemical, Construction, Healthcare, Pharmaceuticals, Fire Service), and Regional Forecast, 2020-2027”

Market Driver

Extensive Utilization of RPE in Mining Industry to Stoke Growth

Respiratory protective equipment is commonly used by miners owing to the massive health risks involved during mining operations, particularly coal mines. The most widely utilized RPE are powered air-purifying respirators (PAPRs) on account of their high efficacy in filtering out dust particles. These particles are known to cause severe lung disorders in miners who have had prolonged exposure to harmful dust. Such exposure has been known to lead to a common lung condition called pneumoconiosis, or dusty lung, which usually manifest in the form of silicosis and coal miners’ pneumoconiosis (CWP), or black lung. Both these conditions are incurable and invariably lead to premature deaths. Effective RPE can prevent miners from inhaling these toxic dust particles and save them from developing lifelong debilitating health conditions.

Regional Insights

Strict Implementation of Workplace Safety Rules to Accelerate the Market in North America

In North America, where the market size stood at USD 2.5 billion in 2019, the market is expected to perform exceptionally well as regulatory bodies such as the Occupational Safety and Health Administration (OSHA) have been strictly imposing workplace safety rules. As a result, the adoption of RPE and other personal protective equipment such as hard hats has become mandatory in the US and Canada.

Asia Pacific is expected to present lucrative opportunities owing to the rapid expansion of the construction, manufacturing, and healthcare sectors in the region. In Europe, the demand for effective RPE is escalating, primarily from workers in core industries. For example, Germany’s RPE market share in construction industry stood at 11.9% in 2019.

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Respiratory Protective Equipment Market Size & Growth [2028]

The global respiratory protective equipment market is projected to grow from USD 8.04 billion in 2021 to USD 10.97 billion in 2028 at a CAGR of 4.5%