IBISWorld estimates that the Concrete Pipe and Block Manufacturing industry's sustained growth has partially resulted from consistent performance in the key downstream infrastructure and residential construction markets. Additionally, over the past five years, the price of cement started to recover from drastic lows, indicating improving demand conditions and increasing profit growth for operators. Moving forward, construction markets are expected to continue their steady growth. The number of companies operating in the industry is expected to fall slightly, indicating increasing consolidation, which will help to reduce per-unit production costs. Despite a forecast increase in cement and concrete prices, decreasing revenue will limit profit growth.
Companies in this industry manufacture concrete pipes, bricks and blocks. Concrete pipes include storm sewer pipes, sanitary sewer pipes, reinforced pressure pipes, prestressed cylinder pressure pipes and culvert pipes. Concrete brick and block production mainly includes structural blocks, decorative blocks and pavers, bricks and miscellaneous concrete products. Products made by this industry are heavily used in infrastructure and residential construction.
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.