NAICS 2354 - Masonry, Drywall, Insulation, and Tile Contractors
This NAICS Industry Group includes establishments classified in the following NAICS Industries: 23541, Masonry and Stone Contractors; 23542, Drywall, Plastering, Acoustical, and Insulation Contractors; and 23543, Tile, Marble, Terrazzo, and Mosaic Contractors.
Industry trends:
In recent years, the Masonry, Drywall, Insulation, and Tile Contractors industry (NAICS 2354) has experienced significant qualitative shifts driven by various factors. One prominent trend is the increasing adoption of sustainable construction practices. Contractors are integrating more eco-friendly materials such as low-VOC paints, recycled drywall, and energy-efficient insulation, propelled by growing consumer and regulatory demands for green buildings.
Another trend is the digital transformation within the industry. Many contractors are embracing advanced technologies such as Building Information Modeling (BIM), which enhances project planning and execution by providing detailed 3D models. Augmented reality (AR) is also gaining popularity for on-site assembly and quality control.
Labor shortages continue to challenge the industry, prompting contractors to invest in training and development programs to upskill their workforce. The use of modular and prefabricated construction methods is also on the rise, offering faster project completion and reducing the reliance on skilled labor.
Looking ahead, the forecast indicates a steady growth for the industry fueled by a robust demand for residential and commercial construction. The adoption of smart building technologies, which integrate IoT devices into structures for enhanced functionality and efficiency, is expected to increase. Additionally, the emphasis on resilience and climate adaptation will likely drive innovation in insulation materials to better withstand extreme weather conditions.
This industry is comprised of:
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