Allied Market Research

Chile Precast Construction Market Expected to Reach $492.1 million by 2027


quote Chile is a highly lucrative market for precast construction. The availability of resources and necessity of affordable and sustainable housing is the key driver for its growth in the country. However, the unstable socio-economic conditions and dependence on traditional construction practices are restricting the boom of Chile precast construction industry. quote

Vivek Banik
Senior Research Analyst, Construction and Manufacturing at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       

According to a new report published by Allied Market Research, titled, “Chile Precast Construction Market by Product Type, Construction Type, and End User Industry: Opportunity Analysis and Industry Forecast, 2020–2027,” the Chile precast construction market size is expected to reach $492.1 million in 2027 from $323.0 million in 2019, growing at a CAGR of 6.9% from 2020 to 2027. In 2019, non-residential construction dominated the market, in terms of revenue, accounting for 69.6% share of the Chile precast construction market.

Precast construction includes casting of building members such as columns & beams, facades, girders, and others in controlled environments. These parts are further transported to the actual site and joined together either using bolted connections or grouting with concrete. Precast construction is often termed as prefabricated construction or off-site construction. It is bifurcated into two types namely, manufactured homes and modular construction. Modular construction includes assembly of various components of a building and transporting them separately to the project site for assembly. On the contrary, manufactured homes include construction of an entire building structure and transporting it on their own frame or chassis. 

Moreover, by on the construction type, modular construction exhibits a high share in the Chile precast construction market. Modular casting of building elements is much easier and requires less capital investment as compared to manufactured housing. Further, manufactured houses also incur high transportation costs, which hinders its dominance in the Chile precast construction market. However, use of light weight concrete and ultra-high strength concrete can assist in overcoming the heavy weight problems caused during transportation of precast concrete elements.

According to end-user industry, the non-residential construction is the highest contributor in the Chile precast construction market. Use of precast construction in large scale infrastructure such as bridges, culverts, and others as well as public structures such as bus & railway stations, airports, and others can assist in reducing construction time. This enables the government to construct better public infrastructure in a shorter time span.

The COVID-19 pandemic has negatively affected the Chile precast construction market mainly due to halt in international trade, prolonged lockdowns, and ceased construction processes. Although, the Chilean government lifted lockdown restrictions in several areas of Santiago, Chile, the propel in COVID-19 cases and fatalities in May 2020, led towards extension of lockdown restrictions until the end of third quarter of 2020. This has halted various construction projects in the residential and non-residential sectors risking jobs of numerous employees and investments on projects.

The Chile precast construction market is segmented on the basis of product, construction type, and end-user industry. Based on product type, the Chile precast construction market is fragmented into columns & beams, floors & roofs, walls, staircases, girders, paving slabs, and others. By construction type, the market is classified into modular and manufactured homes. According to end-user industry, the Chile precast construction market is categorized into residential and non-residential. 

Key Findings Of The Study

  • By product type, the columns & beams segment dominated the Chile precast construction market share in 2019.
  • By end-user industry, the non-residential segment dominated the Chile precast construction market during 2019.
  • Depending on construction industry, the modular construction segment garnered major share of the Chile precast construction market in 2019.

The major players operating in the Chile precast construction industry include Ecomundo, Hormipret, Pacadar SAU, Prefabrik Yapı A.Ş, Prefast SpA, Ramaq Chile, Tecno Fast, Tensacon, Tensocret, and Vollert Anlagenbau GmbH.   

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975



For Media Inquiries, Please Contact

Ram D
Communications Officer
Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at


First time buyer?
Check offers and discount on this report
To get this report

Click Here

quote Chile Precast Construction Market by Product Type (Columns & Beams, Floors & Roofs, Walls, Staircases, Girders, Paving Slabs, and Others), Construction Type (Modular and Manufactured Homes), and End-user Industry (Residential and Non-residential): Global Opportunity Analysis and Industry Forecast, 2020–2027 quote

View Report
Avenue Video Loading...

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 2,000 niche industries and company profiles on more than 12,000 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.


Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time of readers


Featured Readings


Get Fresh content delivered

Get insights on topics that matter to your business. Stay updated on the area that interests you.

Get Industry Data Alerts

Buy Full Version
"Chile Precast Construction Market"
Purchase Enquiry