Poured Concrete Foundation & Structure Contractors Industry Profile

Report Page Length: 10-12
Last Quarterly Update: 5/8/2017
SIC Codes: 1771
NAICS Codes: 23811
Chapters Include:
Industry Overview Trends & Challenges Industry Forecast
Quarterly Industry Update Call Prep Questions Website & Media Links
Business Challenges Financial Information Glossary & Acronyms
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Excerpt from Poured Concrete Foundation & Structure Contractors Industry Profile

Companies in this industry pour and finish concrete foundations and structural elements, and perform pressure grouting and shotcrete work; other services include alterations, maintenance, and repairs. Major companies, all based in the US, include Baker Concrete Construction, Berkel & Company Contractors, Stewart Builders, and United Forming.

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. Growth is driven by continued urbanization in markets such as India, Indonesia, and Mexico.

The US poured concrete foundation and structure contracting industry includes about 17,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $35 billion.

The industry does not include concrete paving of streets, highways, sidewalks, residential driveways, or parking areas.

COMPETITIVE LANDSCAPE

Demand is driven by residential, commercial, and government-funded construction activity. The profitability of individual companies depends on accurate cost estimation and effective project management. Large companies have economies of scale in marketing and purchasing. Small companies can compete effectively by specializing.

PRODUCTS, OPERATIONS & TECHNOLOGY

Major jobs include pouring and finishing concrete foundations, footings, chimneys, and retaining walls for residential, commercial, government, and institutional building projects. Other services include pressure grouting (reinforcing with concrete), shotcrete installation, concrete floor surfacing, and concrete repair and resurfacing.

Concrete is a highly versatile material. Its characteristics depend on the types and proportions of the various materials mixed to create ...

 
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