The Concrete Contractors industry's performance is closely tied to the broader construction sector, which has rebounded and expanded strongly over the five years to 2015. Favorable lending rates along with improved per capita disposable income has led to the increase in construction activity, resulting in a rise in demand as well. In the next five years, an acceleration in multiple construction markets is forecast to help the industry continue to grow, which will in turn boost industry profit.
Operators in this industry are primarily engaged in pouring, building and finishing concrete foundations and structural elements, such as retaining walls and private driveways and walks. Industry operators also perform grout and shotcrete work. The labor performed may include new work, additions, alterations, maintenance and repairs.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.