Masonry Contractors Industry Profile

Report Page Length: 10-12
Last Quarterly Update: 9/5/2022
SIC Codes: 1741
NAICS Codes: 23814
Chapters Include:
Industry Overview Trends & Challenges Industry Forecast
Quarterly Industry Update Call Prep Questions Website & Media Links
Business Challenges Financial Information Glossary & Acronyms
View Full Sample Add To Cart

Excerpt from Masonry Contractors Industry Profile

Companies in this industry set stones; lay bricks, cement, and glass blocks; apply stucco; prepare foundations; and perform other masonry work. Major companies, all based in the US, include C A Lindman, Dee Brown, McGee Brothers, Sun Valley Masonry, and Western Specialty Contractors.

China and the US are among the world's largest markets for construction, including masonry contracting. Other major markets include India, Japan, Germany, the UK, and India. Demand is increasing in India as urbanization continues. Few masonry contractors operate on a global scalee.

The US masonry contracting industry includes about 10,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $65 billion.

COMPETITIVE LANDSCAPE

Demand is driven by residential, commercial, and government-funded construction activity. The profitability of individual companies depends on accurate cost estimation and efficient project management. Large companies have economies of scale in marketing and purchasing. Small companies can compete effectively by specializing. The industry is fragmented with the top 50 largest firms accounting for roughly 15% only.

PRODUCTS, OPERATIONS & TECHNOLOGY

Major sources of revenue for masonry contractors include single-family homes, which account for more than 40% of the industry's revenue and followed by additions, renovations, and alterations (20%), and new educational buildings (about 20%). Other services also include maintenance and repair.

Masonry contractors use concrete blocks, bricks, and other pre-formed elements such as marble, granite, travertine, and limestone to build walls. Dry-set masonry requires no ...

 
View Full Sample Add To Cart Return to the Industry Profile Menu

Would you or your company benefit from having unlimited access to First Research's industry intelligence tools?

Learn More About Subscription Options