Rock solid: Steady demand in nonresidential and residential construction will support the industry

The surge in housing starts has been a boon for the Concrete Contractors industry in California. As a result of heightened demand for concrete construction services, industry revenue is expected to grow over the five years to 2017. To better service the residential needs of an expanding population, the California state government been increasing the number of multifamily building permits. As a result of these efforts, the number of homes and apartments in California being constructed has increased, driving demand for concrete foundation and driveway construction work over the next five years. Conditions are expected to moderate over the five years to 2022...purchase to read more.

Industry Statistics & Market Size
Revenue
$8bn
Annual Growth 12-17
9.8%
Forecast Growth 17-22
Profit
Employment
46,153
Businesses
20,296

Industry Threats & Opportunities

  • Strengthened demand has resulted in higher profit margins for concrete construction companies
  • Heavy rainfall has led to an increase in concrete construction performed on behalf of nonbuilding structures
  • Commercial property owners have raised rental rates over time due to low vacancy rates and high demand
  • Industry Report - Industry Products Chapter

    Service offerings in the Concrete Contractors industry in California are highly homogenous. More than 50.0% of total revenue is generated in this industry through providing new construction, maintenance and repairs, additions and alterations to highways, streets, bridges and airport runways. Industry operators lay and smooth cast-in-place (CIP) concrete, a process in which concrete is poured into a mold or set constructed on site. CIP concrete is transported in ready-mix or unhardened form, usually in a truck agitator that spins the concrete to prevent it from setting. CIP concrete is the standard building material for structural uses, including foundations, slabs, walls, beams and floors...purchase to read more.

    Additional Insights for the Concrete Contractors in California Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Concrete Contractors in California Industry are

  • Ability to expand and curtail operations rapidly in line with market demand
  • Having a good reputation
  • Ability to compete on tender
  • IBISWorld analysts also discuss how external factors such as Housing Starts in California and Local and State Government Expenditure in California in the Concrete Contractors in California industry impact industry performance..

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    What's in this report

    What is the Concrete Contractors in California Industry?

    Operators in this industry are primarily engaged in pouring, building and finishing concrete foundations and structural elements, such as retaining walls and private driveways and walks. Industry operators also perform grout and shotcrete work. The labor performed may include new work, additions, alterations, maintenance and repairs.

    Industry Products
  • Concrete paving for highways, streets, bridges or airport runways
  • Precast concrete installation
  • Concrete paving for driveways and parking areas
  • Industry Activities
  • Concrete placement on construction projects
  • Finishing on concrete slabs and footings
  • Foundations construction
  • Concrete pumping
  • Sidewalks construction
  • Curb, culvert and guttering construction or repair
  • Concreting grout and shotcrete work
  • Concrete patio construction
  • Concrete parking lot construction
  • Installing and finishing precast concrete
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Housing Starts in California
  • Local and State Government Expenditure in California
  • Value of nonresidential construction in California
  • Yield on 10-year Treasury note

  • Current Performance
  • Flourishing construction sector
  • Uncharacteristic rain period
  • Industry landscape
  • Chart: Revenue Growth

  • Industry Outlook
  • Sprawling out of control
  • Preparing for the big one
  • Industry landscape
  • Table: Concrete Contractors in California Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Concrete Contractors in California Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Home Builders
  • Industrial Building Construction
  • Bridge & Elevated Highway Construction
  • Commercial Building Construction
  • Municipal Building Construction
  • Road & Highway Construction
  • Road & Highway Maintenance

  • Key Selling Industries
  • Construction & Mining Equipment Wholesaling
  • Lumber & Building Material Stores
  • Precast Concrete Manufacturing
  • Ready-Mix Concrete Manufacturing
  • Tool & Hardware Wholesaling

  • Products & Services
  • Concrete paving for driveways and parking areas
  • Concrete paving for highways, streets, bridges or airport runways
  • Precast concrete installation
  • Other
  • Chart: Concrete Contractors in California Industry Products and Services Segmentation

  • Major Markets
  • Residential building construction
  • Commercial building construction
  • Nonbuilding construction
  • Industrial building construction
  • Institution building construction
  • Chart: Major Market Segmentation for the Concrete Contractors in California Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesDepreciationMarketingOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Concrete Contractors in California

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Concrete Contractors in California Industry

  • Baker Concrete Construction, Ceco Concrete Construction, Largo Concrete Inc., Structural,
  • Table: Baker Concrete Construction - financial performance
  • Table: Ceco Concrete Construction - financial performance
  • Table: Largo Concrete Inc. - financial performance
  • Table: Structural - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Concrete Contractors in California Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Concrete Contractors in California Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Housing Starts in California (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Cast-In-Place Concrete
  • Also known as ready-mix concrete. Concrete that is kept in an unhardened form to be applied at a construction site and set to the required surface area or shape.
  • Precast Concrete
  • Concrete formed and set in a factory in certain shapes. Precast concrete usually has higher tolerances for weight, heat, cold and moisture because it is formed under controlled conditions.
  • Shotcrete
  • A sprayed concrete or mortar that involves the premixed ingredients (including water) pumped through a nozzle and blown by compressed air into a substrate; also called wet-mix shotcrete.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s industry research report on Concrete Contractors in California contains five-year forecasts and data analysis that can help you identify and mitigate risks in potential new markets. Position yourself as an expert with internal stakeholders by using our comprehensive industry research to inform your reports, proposals and presentations. Our business information will save you money by helping you make better decisions, faster.

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    This report on Concrete Contractors in California:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
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    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Concrete Contractors in California market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

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