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Stone, Concrete & Clay Wholesaling in the US - Industry Market Research Report

Stone, Concrete & Clay Wholesaling in the US - Industry Market Research Report

  • April 2019
  • 36 pages
  • ID: 499476
  • Format: PDF
  • By Ibisworld

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Building up: Rising activity in downstream construction markets will strengthen industry revenue

Abstract

Stone, Concrete & Clay Wholesaling in the US
The Stone, Concrete and Clay Wholesaling industry provides materials to the construction sector, and as a result, industry revenue largely follows downstream demand trends. As the construction sector has returned to solid ground, this industry has followed suit. In the aftermath of the housing crisis, years of skyrocketing unemployment and subsequent declines in disposable income deterred Americans from investing in new home construction and residential renovations. Vacant homes and office buildings minimized the need for new home construction. However, as the economy has improved, downstream construction activity has rebounded, increasing demand for industry products. Over the next five years, falling unemployment and rising property values will encourage greater investment in residential construction activity, which will continue to foster growth in the housing market and increase demand for industry products. Higher corporate profitability will also enable businesses to enter the market, raising demand for new buildings and consequently boosting demand for construction materials including stone and concrete.

Companies in the Stone, Concrete and Clay Wholesaling industry distribute stone, cement, lime, brick, concrete and other construction materials. These materials are sold to construction contractors or hardware stores. This industry does not include companies that distribute refractory, which are materials able to withstand high heat; instead, refractory products are included in the Industrial Supplies Wholesaling industry (IBISWorld report 42384).

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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