$1.9bn
$XX.Xm
6,048
108
$XXX.Xm
The Concrete Pipe Manufacturing industry has encountered harsh and inconsistent operating conditions over the past five years, causing revenue to fluctuate significantly. Manufacturers make concrete pipes, which are used in a wide variety of construction projects, both residential and nonresidential. Industry pipes are frequently used for sewage and storm drains; industry revenue is highly dependent on utilities construction and public infrastructure investment. Over the past five years, the value of utility construction has swung inconsistently, while the value of other nonresidential construction dropped overall; both were exacerbated by COVID-19, causing industry revenue to fall in 2020. Concrete Pipe Manufacturing industry revenue has inched downward at a CAGR of 0.3% over the past five years and is expected to total $2.0 billion in 2024, when revenue will jump by an estimated 1.5%. Profit has also dropped amid rising labor fees.
Industry revenue has declined at a CAGR of 4.5 % over the past five years, to reach an estimated $1.9bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2023 | Revenue ($m)
2023 | Profit ($m)
2023 | Profit Margin (%)
2023 |
---|---|---|---|---|
Cemex Sab De Cv | 767.5 | 81.6 | 10.6 | |
CRH PLC | 611.8 | 121.2 | 19.8 | |
Northwest Pipe Company | 140.2 | 33.4 | 23.8 |
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Industry revenue is measured across several distinct product and services lines, including Storm sewer pipes, Culvert pipes and Other concrete pipes. Storm sewer pipes is the largest segment of the Concrete Pipe Manufacturing in the US.
Infrastructure investment and extreme weather events raise demand for storm sewer pipes
Firms in this industry manufacture concrete piping, which includes: storm sewer pipes, sanitary sewer pipes, reinforced pressure pipes, pre-stressed cylinder pressure pipes and culvert pipe production (reinforced and not reinforced).
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NAICS 32733 - Concrete Pipe Manufacturing in the US
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Including values and annual change:
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The market size of the Concrete Pipe Manufacturing in the US industry in United States is $1.9bn in 2024.
There are 108 businesses in the Concrete Pipe Manufacturing in the US industry in United States, which has declined at a CAGR of 4.2 % between 2019 and 2024.
The market size of the Concrete Pipe Manufacturing in the US industry in United States has been declining at a CAGR of 4.5 % between 2019 and 2024.
Over the next five years, the Concrete Pipe Manufacturing in the US industry in United States is expected to grow.
The biggest companies operating in the Concrete Pipe Manufacturing market in United States are Cemex Sab De Cv, CRH PLC and Northwest Pipe Company
Storm sewer pipes and Culvert pipes are part of the Concrete Pipe Manufacturing in the US industry.
The company holding the most market share in United States is Cemex Sab De Cv.
The level of competition is high and steady in the Concrete Pipe Manufacturing in the US industry in United States.