$10.3bn
$XXX.Xm
23,393
426
$X.Xbn
The industry has observed substantial growth during the current period, driven by a combination of price increases and higher demand for concrete products. The Infrastructure Investment and Jobs Act (IIJA), in particular, has benefited the industry via a $1.2 trillion investment plan, which was signed in November 2021 and is expected to provide funding through 2026. Cement and concrete prices have experienced rapid growth during the period, driven in part by growing demand from IIJA-funded projects. Overall, concrete pipe and block manufacturing revenue is estimated to grow at a CAGR of 5.7% to $10.3 billion, including 1.9% growth in 2024 alone. Industry profit is estimated to remain at historically high levels driven by elevated manufacturing capacity utilization due to high demand.
Industry revenue has grown at a CAGR of 5.7 % over the past five years, to reach an estimated $10.3bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
CRH PLC | 870.5 | 65.5 | 7.5 | |
Cemex Sab De Cv | 448.5 | 34.3 | 7.6 | |
County Materials Corp. | 48.2 | 1.9 | 4.0 |
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Industry revenue is measured across several distinct product and services lines, including Concrete structural blocks, Concrete decorative blocks and Concrete pavers. Concrete structural blocks is the largest segment of the Concrete Pipe & Block Manufacturing in the US.
Concrete pavers offer a wide range of colors, textures, and patterns, enhancing outdoor spaces' visual appeal
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.
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NAICS 32733 - Concrete Pipe & Block Manufacturing in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
The Infrastructure Investment and Jobs Act will benefit the industry through 2026, as demand from the infrastructure construction market grows.
Learn about an industry's products and services, markets and trends in international trade.
Mortgage rates directly impact the housing market, which, in turn, influences demand for construction materials like concrete pipes and bricks.
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Population levels directly influence the concentration of businesses in regions, as population size serves as the primary external determinant of construction activity.
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
The industry is becoming increasingly competitive. Factors like urbanization, infrastructure investment, and the growing demand for sustainable building materials drive this....
Learn about the performance of the top companies in the industry.
Major manufacturers struggle to expand their reach. High transportation costs eliminate competition on the national level and reduce the amount of international trade.
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Environmental laws have become more important. While most of the regulations related to concrete pipe and block manufacturers have remained unchanged, more attention has been...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
The industry is characterized by high capital intensity, representing additional entry barriers for new businesses. High capital intensity, along with growing consolidation, ...
Including values and annual change:
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Key data sources in the US include:
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The market size of the Concrete Pipe & Block Manufacturing in the US industry in United States is $10.3bn in 2024.
There are 426 businesses in the Concrete Pipe & Block Manufacturing in the US industry in United States, which has declined at a CAGR of 2.8 % between 2019 and 2024.
The market size of the Concrete Pipe & Block Manufacturing in the US industry in United States has been growing at a CAGR of 5.7 % between 2019 and 2024.
Over the next five years, the Concrete Pipe & Block Manufacturing in the US industry in United States is expected to grow.
The biggest companies operating in the Concrete Pipe & Block Manufacturing market in United States are CRH PLC, Cemex Sab De Cv and County Materials Corp.
Concrete structural blocks and Concrete decorative blocks are part of the Concrete Pipe & Block Manufacturing in the US industry.
The company holding the most market share in United States is CRH PLC.
The level of competition is high and steady in the Concrete Pipe & Block Manufacturing in the US industry in United States.