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Bridge & Structure Painting Contractors - Industry Market Research Report

  • December 2015
  • 32 pages
  • Ibisworld
Report ID: 2253216

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Sound structure: Industry revenue will rise as government budgetary constraints are alleviated



Abstract

Bridge & Structure Painting Contractors

This industry specializes in the application of paint, including corrosion-inhibiting protective coatings, on bridges, trestles, overpasses and other exterior steel constructions. Projects undertaken by industry operators are mainly for public structures, making demand for industry services highly dependent on government funding. This funding originates at the local and state government level and is aided by the backing of the federal government. Over the five years to 2014, the economic recession forced many regional governments to cut their highway and structure funding in an effort to balance their budgets. In the next five years, industry revenue is expected to grow as the budgetary constraints of the government at the local, state and federal levels are alleviated.

This industry specializes in the application of paint, including corrosion-inhibiting protective coatings, on bridges, trestles, overpasses and other exterior steel constructions.

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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