According to the latest report by IMARC Group, titled, “Precast Concrete Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The global precast concrete market reached a value of US$ 115 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 158.2 Billion by 2027, exhibiting a CAGR of 5.4% during 2022-2027. Precast concrete comprises design, strategic yard, planning, lifting, handling, and transportation of precast elements. It is prepared from a mixture of cement, aggregates, admixtures, and water by casting and curing off-site using a reusable mold in a controlled environment. It is also…