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          1. Poured Concrete Foundation & Structure Contractors Industry Profile

            Report Page Length: 10-12
            Last Quarterly Update: 9/7/2020
            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 the world's largest markets for construction, including concrete and masonry contracting. Other major markets include Japan, India, Germany, and the UK. Australia and Europe are also big markets for construction. Growth is driven by continued urbanization in markets such as China, India, and Indonesia.

            The US poured concrete foundation and structure contracting industry includes about 20,573 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $52 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, industrial, 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 ...

             
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