First Research US Industry Profile

View Sample
Cement & Concrete Product Manufacturing
SIC Codes: 3241, 3271, 3272, 3273
NAICS Codes: 3273
Last Quarterly Update: 7/8/2019
Companies in this industry manufacture cement, ready-mix concrete, and concrete products such as blocks, pipes, bricks, walls, and girders. Major companies include Martin Marietta Materials, US Concrete, and Vulcan Materials (all based in the US), as well as Anhui Conch (China), Cemex (Mexico), CRH (Ireland), HeidelbergCement (Germany), and LafargeHolcim (Switzerland).
Worldwide demand for cement is forecast to grow 1% per year through 2023, reaching a volume of 4.1 billion metric tons, according to Freedonia Group. China, India, the US, Turkey, Vietnam, and Indonesia are the world's top producers of cement. China and India consume the majority of global cement output.
The US cement and concrete product manufacturing industry includes about 8,600 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $57 billion. The industry includes about 230 cement manufacturing establishments, about 5,500 ready-mix concrete manufacturing establishments, and about 2,900 establishments that make concrete block, brick, pipe, and other concrete products.
Competitive Landscape
Demand is determined primarily by nonresidential and residential construction activity. The profitability of individual companies is strongly dependent on efficient operations, as products are commodities and companies compete chiefly on price. Large companies enjoy economies of scale in purchasing and the ability to invest in technologies that improve efficiency. Small manufacturers can compete through superior customer service and by serving small or rural markets. The US industry is fragmented: the top 50 companies account for about 45% of industry revenue.
Products, Operations & Technology
Major products include ready-mix concrete (about 50% of industry revenue), cement (15%), concrete block, brick, and pipe (15%), and items such as concrete ... plus:
Sales & Marketing
,
Finance & Regulation
,
Regional & International Issues
,
Human Resources
Also includes the following chapters:
Quarterly Industry Update
,
Industry Indicators
,
Business Challenges
,
Trends and Opportunities
,
Call Preparation Questions
,
Financial Information
,
Industry Forecast
,
Industry Websites
,
Glossary of Acronyms

Historical Profiles (PDF format)

03/25/2019
12/17/2018
09/10/2018
06/11/2018
03/12/2018
12/04/2017
09/04/2017
06/05/2017
03/06/2017
11/28/2016
08/29/2016
05/30/2016
03/07/2016
11/30/2015
08/31/2015
06/01/2015
02/23/2015
11/24/2014
09/01/2014
06/02/2014
03/10/2014
12/09/2013
09/16/2013
06/24/2013
04/01/2013
01/07/2013
10/01/2012
07/16/2012
04/23/2012
01/23/2012
10/10/2011
07/11/2011
03/21/2011
12/13/2010
09/20/2010
06/14/2010
02/22/2010