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          1. Masonry Contractors Industry Profile

            Report Page Length: 10-12
            Last Quarterly Update: 7/13/2020
            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
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            Excerpt from Masonry Contractors Industry Profile

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

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

            The US masonry contracting industry includes about 18,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $20 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. About 70% of US masonry contractors have fewer than five employees.

            PRODUCTS, OPERATIONS & TECHNOLOGY

            Major sources of revenue for masonry contractors include single-family homes, as well as educational, commercial, office, multi-family, and institutional buildings.

            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 mortar to bond the building material. Most masonry projects specify a particular type of concrete block, brick, or stone, which the ...

             
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