Dublin, July 09, 2024 (GLOBE NEWSWIRE) -- The "Concrete Contractors in the US - Industry Market Research Report" report has been added to ResearchAndMarkets.com's offering.
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.
The recent performance of concrete contractors paints a varied picture. On one hand, they've faced some headwinds because of rising material and labor costs, supply chain issues and limited growth in the commercial construction market. On the other hand, some markets, such as the construction of warehouses and residential single-family homes, have provided robust growth. Because of initiatives favoring green manufacturing and semiconductor production, the resurgence of industrial construction activity has also been a positive influence. Overall, revenue has been inching up at a CAGR of 0.1% over the past five years to total an estimated $77.5 billion through the end of 2024, including an estimated drop of 1.5% in 2024.
Instant access to hundreds of data points and trends:
- Market estimates from 2014-2029
- Competitive analysis, industry segmentation, financial benchmarks
- Incorporates SWOT, Porter's Five Forces and risk management frameworks
Market highlights:
- Residential construction buoyed contractors amid the pandemic
- Housing starts have fluctuated considerably
- Concrete work thrives in warmer climates
- Concrete contractors endure tough competition
Top three companies in the market, ranked by total revenue:
- Baker Construction Enterprises Inc.
- Largo Concrete Inc.
- Ceco Concrete Construction LLC
Market share concentration for the Concrete Contractors industry in the US is low, which means the top four companies generate less than 40% of industry revenue. The average concentration in the Construction in the US sector in the United States is 6%.
A selection of other companies mentioned in this report includes, but is not limited to:
- 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/iz7gqu
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