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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 offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 - Starting a New Business Chapter

Barriers to entering the Demolition and Wrecking industry are medium and include high initial start-up costs, licensing and insurance costs, the health of local economies and the national presence of the industry's largest players. In particular, the increasing market share of the industry's leaders is expected to raise barriers to entry for new contractors during the next five years.

Initial start-up costs can be high compared with most other construction trades due to the purchase costs of capital equipment used in demolition (e.g. bull dozers, balling machines, hydraulic pusher arms and processing jaws and tracked vehicles)... 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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