Dublin, Jan. 18, 2024 (GLOBE NEWSWIRE) -- The "Concrete Contractors in the US - Industry Market Research Report" report has been added to ResearchAndMarkets.com's offering.
The industry pours and sets the most consumed human-made good on the planet. Concrete is integral in laying the foundation for buildings of almost any size, from single-family houses to skyscrapers, to hospitals, bridges and dams. The industry's wide range of applications and universal acceptance enabled contractors to leverage increased corporate investment and personal disposable income to generate revenue across multiple major markets. This wide range of clients grants contractors a degree of resistance to any downturns in one of its customer segments; this turned out to be especially important for contractors during the COVID-19 pandemic. While nearly every industry in the United States struggled, concrete contracting's outdoor work setting and high demand from a spike in housing projects late in 2020 increased revenue for the average operator by the end of the year. Recovery for the concrete industry has also departed from expectations, as a slowdown in residential construction coupled with a spike in inflationary pressures resulted in revenue declining 4.0% to $76.4 billion in 2023.
Operators in this industry are primarily engaged in pouring, building and finishing concrete foundations and structural elements, such as retaining walls and private driveways and walks. Industry operators also perform grout and shotcrete work. The labor performed may include new work, additions, alterations, maintenance and repairs.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Key Topics Covered:
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
PRODUCTS & MARKETS
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
COMPETITIVE LANDSCAPE
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
KEY STATISTICS
- Industry Data
- Annual Change
- Key Ratios
A selection of companies mentioned in this report includes
- Baker Construction Enterprises Inc.
- Largo Concrete Inc.
- Ceco Concrete Construction LLC
- Rogers Group, Inc.
- James McHugh Construction Company
- Brundage-Bone Concrete Pumping, Inc.
- MMC Materials Inc.
- S&F Concrete Contractors Inc.
- Concrete Ink
For more information about this report visit https://www.researchandmarkets.com/r/womfkz
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