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Heavy Industrial Facilities Construction in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Heavy Industrial Facilities Construction Market Research Report | NAICS 23493 | Feb 2013

Heavy burden: A rough recessionary period has weighed down revenue over the past five years

IBISWorld’s Heavy Industrial Facilities Construction market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$26bn
Annual Growth 08-13
-0.7%
Annual Growth 13-18
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Profit
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Employment
128,643
Businesses
875
Industry Analysis & Industry Trends

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... purchase to read more

Industry Report - Industry Locations Chapter

The location of businesses in the Heavy Industrial Facilities Construction industry is generally aligned with the population distribution in the United States. The most populated regions have the greatest concentration of industry businesses, with the exception of the Great Lakes region. This is reflective of the fact that larger areas of population generally have a greater need and higher demand for industrial facilities and services.

The Southeast

The distribution of activity in the Heavy Industrial Facilities Construction industry is most heavily concentrated in the Southeast region, with just over one-quarter of all industry establishments located there (26.4%)... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Heavy Industrial Facilities Construction Industry?

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.

Industry Products
Chemical complexes, blast furnaces and mining constructionPower plants, refineries and communication line constructionOther industrial construction activity
 
Industry Activities
Chemical complex or facility construction, repair and maintenanceCement plant construction, repair and maintenanceIndustrial incinerator construction, repair and maintenanceIndustrial oven construction, repair and maintenanceIndustrial kiln construction, repair and maintenancePower plant (except hydroelectric) construction, repair and maintenanceNuclear reactor containment structure construction, repair and maintenanceBlast furnace construction, repair and maintenance


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