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Paving Contractors in the US - Industry Market Research Report

Paving Contractors in the US

As the residential and nonresidential markets continue to improve, IBISWorld estimates that revenue for the Paving Contractors industry will increase at an annualized rate of 4.2% to $36.2 billion over the five years to 2018, including an increase of 3.8% in 2018 alone. The five years to 2023 will be, overall, a more organic period of growth, with the residential segment slowing considerably while commercial segments shake off the effects of poor corporate profit levels in 2015 and 2016. Despite looming interest rate hikes, the Federal Reserve has shown that it will maintain relatively low rates over the next several years. Low interest rates will keep borrowing costs low and encourage new housing construction.

This industry comprises establishments that specialize in paving residential and commercial driveways and parking areas. Establishments in this industry typically use asphalt, concrete or brick when performing their paving services. Excluded from this industry are operators that pave streets and highways; these services are part of the Road and Highway Construction industry (IBISWorld report 23731a).

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.


  • About this Industry
  • Industry at a Glance
    • Table Key Statistics Snapshot
    • Table Revenue vs. employment growth
    • Table Products and services segmentation (2018)
    • Table Industry Structure
  • Industry Performance
    • Table Value of private nonresidential construction
    • Table Industry revenue
    • Table Life Cycle Stage
  • Products & Markets
    • Table KEY BUYING INDUSTRIES
    • Table KEY SELLING INDUSTRIES
    • Table Products and services segmentation (2018)
    • Table Major market segmentation (2018)
    • Table Business Locations 2018
    • Table Distribution of establishments vs. population
  • Competitive Landscape
    • Table Sector vs. Industry Costs
    • Table Barriers to Entry checklist
  • Major Companies
  • Operating Conditions
    • Table Capital Intensity
    • Table Tools of the Trade: Growth Strategies for Success
    • Table Volatility vs. growth
  • Key Statistics
    • Table Industry Data
    • Table Annual Change
    • Table Key Ratios
    • Table Industry Financial Ratios
  • Jargon & Glossary

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