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Steel Framing in the US - Industry Market Research Report

  • September 2016
  • -
  • Ibisworld
  • -
  • 36 pages

Structural integrity: Increased investment and downstream demand will lift revenue



Abstract

Steel Framing in the US

During the five years to 2016, a recession-induced drop in demand for the Steel Framing industry's services intensified competition for new work contracts, particularly in the nonresidential construction market. As competition intensified, industry operators increasingly competed for projects on the basis of price, hurting industry revenue. However, in 2012, a recovering private nonresidential construction market compensated for decreased demand for infrastructure and public nonresidential construction. Moving forward, industry revenue is forecast to grow, as demand from downstream construction markets experience more robust growth. In addition, anticipated long-term improvements in investment in the transportation and institutional construction markets will also support industry demand in the five years to 2021.

This industry comprises contractors that install steel and precast concrete to produce structural elements, building exteriors and elevator fronts. The industry also includes the installation of other steel products (e.g. setting rods, bars, rebar, mesh and cages) to reinforce poured-in-place concrete, cooling towers and metal storage tanks. The structural steel erection work performed includes new work, additions, alterations, reconstruction, maintenance and repairs.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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Table Of Contents

Steel Framing in the US - Industry Market Research Report

TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS and MARKETS
Supply Chain
Products and Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology and Systems
Revenue Volatility
Regulation and Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON and GLOSSARY

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