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Demolition & Wrecking in the US: Market Research Report

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

Demolition & Wrecking Market Research Report | NAICS 23594 | Nov 2013

Building up: Profit margins are forecast to rebound as price competition becomes less intense

IBISWorld’s Demolition & Wrecking market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 08-13
-1.7%
Annual Growth 13-18
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Profit
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Employment
27,360
Businesses
3,573
Industry Analysis & Industry Trends

The Demolition and Wrecking industry has been recovering from the effects of the recession, which drastically reduced demand for construction services. As the construction sector rebounds, the industry's pool of contracts on which to bid will expand as well. Along with this contract-pool expansion, price competition is forecast to become less intense as operators are no longer forced to severely undercut each other on price... purchase to read more

Industry Report - Industry Products Chapter

Total and selective demolition

The principal activity of the Demolition and Wrecking industry is the demolition of buildings and structures to make way for new development. Demolition and wrecking crews are mainly called upon to clear the way for new commercial, retail, industrial, municipal or residential construction projects and civil projects such as bridges and tunnels.

Total and selective demolition activities are estimated to generate 66.0% of industry revenue in 2013. Some contractors in this industry have established a reputation for selective demolition of historical buildings while maintaining the original facade... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Demolition & Wrecking Industry?

Firms in this industry primarily wreck and demolish buildings and structures and sometimes sell salvaged materials. Other industry services include the clearing and recycling of debris, interior strip outs, handling of asbestos and hazardous materials, site remediation (decontamination and waste disposal), concrete cutting and explosive demolition. Excavation and land clearing work is excluded from this industry.

Industry Products
Total and selective demolitionRemediation and abatementRecyclingSpecialized concrete cuttingHouse relocation
 
Industry Activities
Predemolition planning and analysisTotal or selective demolition of buildings (e.g. offices, warehouses and apartments)Total or selective demolition of structures (e.g. sport stadiums and oil rigs)Demolition and rehabilitation of sites following fire or industrial explosionEnvironmental cleanupAsbestos removalSelective dismantling and facade preservation on historic buildingsImplosion demolition of buildings and structuresRemoval, disposal and sale of materials from demolition sites, including recycling


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