Decreasing demand for heavy industrial construction has weighed heavily on profit margins, but the industry is set to recover over the next five years. The economic recovery, along with improvements in domestic energy demand and the availability of finance, will drive growth. Furthermore, government regulation in the power generation and upstream and downstream petroleum markets will also boost revenue.
Firms in this industry primarily construct, alter, add to, repair and maintain industrial nonbuilding structures, such as chemical complexes, cement plants, refineries, incinerators, ovens, kilns, power plants (except hydroelectric) and nuclear reactor containment structures. Establishments in the industry may subcontract some of the actual construction work.
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.