Demand smooths out
Because industry performance depends on downstream demand from various construction markets, the recession and negative effects associated with it have hit poured concrete contractors hard. Since 2006, the value of new residential construction has plunged. Non-residential building construction was able to support demand for concreting services through 2008 until a sharp downturn in commercial building activity followed the housing collapse. In 2011, an increase in residential construction is expected to offset ongoing declines in the non-residential construction markets.
Establishments in this industry pour concrete to produce parking areas, building foundations, structures, retaining walls, patios and private driveways and walks. New work, additions, alterations, grout, shotcrete and maintenance and repair work are also included.
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.