Skip to main content

Precast concrete water and waste handling products to grow over 5% annually

Published by
World Cement,


Demand for precast concrete water and waste handling products is projected to rise 5.1% per year to US$1.2 billion in 2020.

Water and waste handling products made from precast concrete include septic tanks, manholes, water and sewer system components, grease interceptors, hazardous material containers and other products. The residential market will be a key driver of growth, as advances in housing starts and manufactured housing placements boost septic tank demand. In the nonbuilding segment, advances in water and sewer construction spending will spur demand for manholes, water and sewer system components, and other products.

Much like the US transportation infrastructure, many of the nation’s potable water and sewage and drainage facilities have reached the end of their expected useful lifespans and require repair or replacement. In the nonresidential market, strong growth in office and commercial construction spending and advances in institutional construction expenditures will boost demand for precast concrete grease interceptors and many other products. Grease interceptors are required in many restaurants and other buildings with commercial kitchens to keep waste materials out of sewer lines.

More rapid gains in demand for precast concrete water and waste handling products will be checked by competition from other materials. Moreover, according to analyst Mariel Behnke, “Products made from site-poured or cast-in-place concrete are usually less expensive than those made from precast concrete and generally offer comparable performance qualities.” Plastic products such as septic tanks and grease interceptors will see rising use, as these products weigh less (reducing installation costs) and have product lifespans that rival or exceed those of precast products.

Read the article online at: https://www.worldcement.com/the-americas/01112016/precast-concrete-water-and-waste-handling-products-to-grow-over-5-annually/

You might also like

 WCT2020

Optimisation 2020

Optimisation 2020 provides a unique online forum for cement industry professionals to hear first-hand from experts through a series of exclusive presentations from cement producers and industry experts.

Find out more and register for the series »

 

 Spotlight

World Cement Spotlight with Rockwell Automation

World Cement Editor, David Bizley, sat down with Michael Tay, Advanced Analytics Product Manager at Rockwell Automation to discuss his recent article in World Cement.

Entitled ‘Smooth Sailing’, this article explains how machine learning can help save energy, reduce downtime and predict equipment failures, thus enabling the smooth running of cement plant operations.

Watch the interview now »

 

VDZ moves into new premises and reveals company rebrand

The group moved into its new premises at the beginning of September. The move to the new building has been accompanied by a new VDZ brand identity which can be seen for example on the company’s website or various print media.

 
 

Embed article link: (copy the HTML code below):