|Last Quarterly Update:||9/26/2016|
|SIC Codes:||1741, 1771, 1791|
|NAICS Codes:||23811, 23812, 23814|
|Industry Overview||Trends & Challenges||Industry Forecast|
|Quarterly Industry Update||Call Prep Questions||Website & Media Links|
|Business Challenges||Financial Information||Glossary & Acronyms|
Companies in this industry pour and finish concrete foundations; erect and assemble precast concrete; and set stones, lay bricks and perform other masonry work. Major US companies include Baker Concrete Construction, Ceco Concrete Construction, Stewart Builders, and United Forming; other leading companies include Byrne Brothers (UK), Chicago Bridge & Iron Company (the Netherlands), and units of larger global construction groups such as Laing O'Rourke (UK).
China and the US are among the world's largest markets for construction, including concrete and masonry contracting. Other major markets include Japan, Germany, Spain, France, and Italy. Demand in India and Brazil is growing as urbanization continues.
The US concrete and masonry contracting industry includes about 37,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $60 billion.
Demand is driven by residential, commercial, and government-funded construction activity. The profitability of individual companies depends on cost estimation and project management. Large companies have economies of scale in marketing and purchasing. Small companies can compete effectively by specializing.
PRODUCTS, OPERATIONS & TECHNOLOGY
Major jobs for concrete and masonry contractors include foundations and walls for residential and commercial building projects, as well as for infrastructure such as driveways and parking areas, highways, streets, sidewalks, bridges, tunnels, and sewers.
Concrete is a highly versatile material. Its characteristics depend on the types and proportions of the various materials mixed to create it. Concrete contains portland cement (the binding ...
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