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Demolition & Wrecking in the US - Industry Market Research Report

Publisher IBISWorld
Published Dec 30, 2024
Length 82 Pages
SKU # IBSS19493419

Description

Demolition & Wrecking in the US - Industry Market Research Report


Demolition & Wrecking in the US

The values of new residential and nonresidential construction directly contribute to demolition and wrecking demand. Demand for demolition and wrecking services has risen because of broad-based economic growth, a strong housing market and more significant construction activity. Still, due to COVID-19, all nonessential construction activity decreased in the first two quarters of 2020, which caused industry revenue to decline. Poor macroeconomic conditions in 2023 will also constrain revenue growth. Still, industry-wide revenue has increased at a CAGR of 1.4% to $8.7 billion through the end of 2023, despite a 1.7% decrease in 2023.

Operators in this industry primarily wreck and demolish buildings and structures and sometimes sell salvaged materials. Other industry services include the clearing and recycling of debris, interior strip outs, handling of asbestos and hazardous materials, site remediation (decontamination and waste disposal), concrete cutting and explosive demolition. Excavation and land-clearing work is excluded from this industry.

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.

Table of Contents

82 Pages
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 & MARKETS

Supply Chain
Products & 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 & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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