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Nonresidential Prefabricated Building Systems

US demand to rise over 7% annually through 2015
US demand for nonresidential prefabricated building systems is projected to increase over seven percent annually to $16 billion in 2015. Growth will derive from a recovery in nonresidential construction activity, particularly in the office and commercial segment, from a weak 2010 base. In addition, improved prefabricated building system design will provide opportunities for increased market penetration. Prices for many of the raw materials used in nonresidential prefabricated structures increased sharply between 2005 and 2010. Going forward raw material price growth is expected to moderate which will restrain value gains in the nonresidential prefabricated structures market.

Shipments of nonresidential prefabricated building systems are expected to increase 6.3 percent annually to $16.3 billion in 2015, trailing increases in demand slightly. The US is a net exporter of prefabricated building systems, but the high 2010 trade surplus in these products will decrease through 2015. In 2010, the weak domestic market led to a decline in imports, while exports were boosted by infrastructure development in the coal sands areas in Canada and the troop surge in Afghanistan.

Metal building systems to remain largest segment
Prefabricated metal building systems will remain the largest segment of the market, accounting for more than 45 percent of the total. Through 2015, demand for metal building systems will increase about six percent annually. Demand will be supported by increases in many metal building markets, particularly in office and commercial markets and many industrial segments. However, the expected decline in metals prices will offset some of these gains.

Demand for nonmetal prefabricated building systems (modular, precast concrete, autoclaved aerated concrete and fabric) is expected to increase more than eight percent annually to $8.4 billion in 2015, outpacing growth in metal building systems. The modular building segment is expected to see the fastest growth, benefiting from strong growth in commercial construction and gains in the school age population, which will bolster demand for modular classrooms. Panelized precast concrete systems will also increase at an above-average pace, supported by the design flexibility, sound attenuation properties and low maintenance requirements of these systems.

Office, commerical markets to grow at double digit rates
Prefabricated building systems are used in a wide range of nonresidential applications, most commonly low-rise structures in the industrial, office, commercial and institutional markets. The office and commercial markets will grow at double digit annual rates through 2015, supported by strong growth in related building activity and by improved designs for prefabricated systems.

South, West to see strongest regional market gains
On a regional basis, the South and West are forecast to experience the strongest gains in nonresidential prefabricated building demand. Gains will be supported by relatively strong nonresidential construction activity, as well as from above-average population and economic growth. The South will remain the largest market, accounting for approximately 40 percent of total demand through 2015.


PRESS RELEASE

US Nonresidential Prefabricated Building System Demand to Exceed $15 Billion in 2015

Nonresidential prefabricated building system demand in the US is expected to increase 7.8 percent annually to $15.2 billion in 2015, a strong showing compared to the weakness over much of the previous decade. The recovery in office and commercial construction, coupled with continued gains in institutional, industrial and agricultural construction, will provide opportunities. The development of new products and technologies, including more tailored designs, greater cladding options for metal buildings and improved concrete mixes, will also support demand. However, competition from traditional site building will remain intense, and moderating prices for many of the raw materials used in prefabricated building systems will restrain value growth. These and other trends are presented in Nonresidential Prefabricated Building Systems, a new study from The Freedonia Group, Inc., a Cleveland-based industry research firm.

Metal building systems (including components) have long been the largest segment of the US nonresidential prefabricated building system industry and will remain so for the foreseeable future. While gains are not expected to match the overall prefabricated building system average, demand for metal building systems is expected to post strong 7.2 percent annual gains through 2015.

Among nonmetal building systems, the modular building system segment is expected to see the strongest gains, just ahead of the panelized precast concrete segment. The modular building system market will benefit from robust growth in both commercial and institutional construction activity, as well as from the growing popularity of prefabricated bathroom and kitchen modules. Gains for panelized precast concrete systems will be driven by increases in office and commercial construction, which are among the more popular applications for these systems. In addition, technological improvements, including better reinforcement materials, improved concrete mixtures and greater design options, will support demand.

INTRODUCTION
I. EXECUTIVE SUMMARY
II. MARKET ENVIRONMENT
General
Macroeconomic Outlook
Demographic Trends
Nonresidential Building Construction Trends
New
Improvements & Repairs
Agricultural Outlook
Nonresidential Fixed Investment
Government Spending & Investment
III. INDUSTRY OVERVIEW
General
Outlook
Pricing Patterns
Historical Market Trends
Systems Building Versus Conventional Construction
Building Code Regulations
US Foreign Trade
Exports
Imports
World Industry Outlook
IV. METAL BUILDING SYSTEMS
General
Supply & Demand
Demand by Type
Standard
Industrial
Office & Commercial
Institutional
Agricultural
Other Metal Buildings
Components
Roofing Systems
Wall Panels
Other Components
Leading Suppliers
V. NONMETAL BUILDING SYSTEMS
General
Supply & Demand
Demand by Type
Modular Building Systems
Types
Trends
Panelized Precast Concrete Systems
Types
Trends
Other
Prefabricated Precast Concrete Buildings
Autoclaved Aerated Concrete
Pre-Engineered Fabric Structures
Cross-Laminated Timber
Leading Suppliers
Modular Building Systems
Precast Concrete Building Systems & Others
VI. MARKETS
General
Institutional
Industrial
Commercial
Office
Agricultural
Other
VII. REGIONAL DEMAND
General
Regional Demographic & Economic Trends
Population Patterns
Economic Outlook
Construction Outlook
Nonresidential Prefabricated Building System Demand
Northeast
New England
Middle Atlantic
Midwest
East North Central
West North Central
South
South Atlantic
East South Central
West South Central
West
Mountain
Pacific
VIII. INDUSTRY STRUCTURE
General
Industry Composition
Metal Building Systems
Modular Building Systems
Precast Concrete Building Systems
Other Nonresidential Prefabricated Building Systems
Market Share
Competitive Strategies
Product Development
Computerization
Improved System or Material Performance
Increased Design Flexibility
Manufacturing
Marketing
Distribution
Mergers & Acquisitions
Cooperative Agreements
Company Profiles
Accelerated Construction Technologies
AEP Span, see BlueScope Steel
Alcoa Incorporated
Algeco Scotsman Worldwide
All American Group Incorporated
American Buildings, see Nucor
American Modular Systems Incorporated
Amtex, see Sunbelt Modular
ASC Profiles, see BlueScope Steel
ATCO Limited
Babb International, see Safecrete
Behlen Manufacturing Company
Berkshire Hathaway Incorporated
BlueScope Steel Limited
Bridgestone Corporation
Britco Structures Incorporated
Butler Manufacturing, see BlueScope Steel
CBC Steel Buildings, see Nucor
Chief Industries Incorporated
Coachmen Industries, see All American Group
Coreslab Structures Incorporated
Cretex Companies Incorporated
CRH plc
DeLuxe Building Systems Incorporated
EnCon Companies
Euramax Holdings Incorporated
Fabcon Incorporated
Fabral, see Euramax International
Firestone Building Products, see Bridgestone
Forest River, see Berkshire Hathaway
Gate Petroleum Company
Gulf States Manufacturers, see Nucor
Hanson Structural Precast, see HeidelbergCement
HeidelbergCement AG
High Companies
IPC, see Cretex Companies
Kingspan Group plc
Kirby Building Systems, see Nucor
Lester Building Systems LLC
Madison Industries Incorporated
Mark Line Industries Incorporated
MBCI, see NCI Building Systems
Metl-Span, see BlueScope Steel
Modtech Holdings Incorporated
Modular Space Corporation
Modular Technology, see Accelerated Construction Technologies
Morin, see Kingspan Group
MR Steel, see Sunbelt Modular
NCI Building Systems Incorporated
Nucor Corporation
Oldcastle Precast, see CRH
Palomar Modular Buildings LLC
Penn Lyon Homes Corporation
Phoenix Modular, see Sunbelt Modular
Robertson-Ceco, see NCI Building Systems
Rockford Manufacturing, see Sunward Consolidated Group
Rubb AS
Safecrete
Schulte Building Systems Incorporated
Smith-Midland Corporation
Sprung Instant Structures Incorporated
Sunbelt Modular Incorporated
Sunward Consolidated Group
Ternium SA
United Structures of America Incorporated
Universal Fabric Structures Incorporated
Varco Pruden Buildings, see BlueScope Steel
Walden Structures
WedgCor, see Sunward Consolidated Group
Whirlwind Steel Buildings Incorporated
Whitley Manufacturing Company Incorporated
Williams Scotsman, see Algeco Scotsman Worldwide
Additional Companies in the Industry
LIST OF TABLES
SECTION I -- EXECUTIVE SUMMARY
Summary Table
SECTION II -- MARKET ENVIRONMENT
1 Macroeconomic Indicators
2 Population & Households
3 Nonresidential Building Construction Expenditures
4 Nonresidential Building Improvement & Repair Expenditures
5 Agricultural Construction Expenditures
6 Nonresidential Fixed Investment
7 Government Spending & Investment
SECTION III -- INDUSTRY OVERVIEW
1 Nonresidential Prefabricated Building System Supply & Demand by Type
2 Nonresidential Prefabricated Building System Market, 2000-2010
3 Nonresidential Prefabricated Building System Foreign Trade
SECTION IV -- METAL BUILDING SYSTEMS
1 Metal Building System Supply & Demand
2 Metal Building System Demand by Type
3 Standard Metal Building System Demand
4 Agricultural Metal Building System Demand
5 Other Nonresidential Metal Building System Demand
6 Metal Building System Component Demand
7 Metal Roofing System Demand
8 Metal Wall Panel Demand
9 Other Metal Building System Component Demand
SECTION V -- NONMETAL BUILDING SYSTEMS
1 Nonmetal Building System Supply & Demand
2 Nonmetal Building System Demand by Type
3 Modular Building System Demand
4 Panelized Precast Concrete Building System Demand
5 Other Prefabricated Building System Demand
SECTION VI -- MARKETS
1 Nonresidential Prefabricated Building System Demand by Market
2 Institutional Market for Prefabricated Building Systems
3 Industrial Market for Prefabricated Building Systems
4 Commercial Markets for Prefabricated Building Systems
5 Office Market for Prefabricated Building Systems
6 Agricultural Market for Prefabricated Building Systems
7 Other Nonresidential Markets for Prefabricated Building Systems
SECTION VII -- REGIONAL DEMAND
1 Population by Region
2 Gross Domestic Product by Region
3 Construction Expenditures by Region
4 US Nonresidential Prefabricated Building System Demand by Region
5 Northeast Nonresidential Prefabricated Building System Demand
6 Midwest Nonresidential Prefabricated Building System Demand
7 South Nonresidential Prefabricated Building System Demand
8 West Nonresidential Prefabricated Building System Demand
SECTION VIII -- INDUSTRY STRUCTURE
1 Revenues for Selected Nonresidential Prefabricated Building System Suppliers, 2010
2 Selected Acquisitions & Divestitures
3 Selected Cooperative Agreements
LIST OF CHARTS
SECTION III -- INDUSTRY OVERVIEW
1 Nonresidential Prefabricated Building System Demand by Type, 2010
2 Nonresidential Prefabricated Building System Pricing, 2000-2020
3 Nonresidential Prefabricated Building System Market, 2001-2010
4 Nonresidential Prefabricated Building System Exports by Destination, 2010
5 Nonresidential Prefabricated Building System Imports by Source, 2010
SECTION IV -- METAL BUILDING SYSTEMS
1 Metal Building System Demand by Type, 2010
2 Metal Building System Market Share, 2010
SECTION V -- NONMETAL BUILDING SYSTEMS
1 Nonmetal Building System Demand by Type, 2010
2 Nonmetal Building System Market Share, 2010
SECTION VI -- MARKETS
1 Nonresidential Prefabricated Building System Demand by Market, 2010
SECTION VII -- REGIONAL DEMAND
1 US Nonresidential Prefabricated Building System Demand by Region, 2010
SECTION VIII -- INDUSTRY STRUCTURE
1 Nonresidential Prefabricated Building System Market Share, 2010

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