Precast concrete is versatile, highly durable, and easy to maintain. The Romans used it to build their culverts, aqueducts, and tunnels. Today the material is everywhere.
It’s used in bridges, dams, stadiums, retail shops, office buildings, residential buildings, etc. It has excellent qualities that make it ideal for building structures. Precast concrete is waterproof, rustproof, and fireproof. Despite having been used by the Romans, the form seen today wouldn’t be invented until 1905 by city engineer John Alexander Brodie in Liverpool, England.
It was then that the first precast paneled buildings were constructed before the technology spread throughout Eastern and Central Europe and finally the rest of the world. According to Research and Markets, the global market value of precast concrete was $95.86 billion in 2021. It is expected to grow at a compound annual growth rate (CAGR) of 5.57% to reach $125.46 billion in 2026. The final fact on precast concrete is that sugar slows down the setting of concrete without affecting its strength or other properties. It’s used when large amounts of concrete need to be poured before setting occurs.