NAICS 23621 - Industrial Building Construction
This industry comprises establishments primarily responsible for the construction (including new work, additions, alterations, maintenance, and repairs) of industrial buildings (except warehouses). The construction of selected additional structures, whose production processes are similar to those for industrial buildings (e.g., incinerators, cement plants, blast furnaces, and similar nonbuilding structures), is included in this industry. Included in this industry are industrial building general contractors, industrial building operative builders, industrial building design-build firms, and industrial building construction management firms.
Industry trends:
The industrial building construction industry (NAICS 23621) is experiencing several noteworthy trends that are reshaping the sector. One of the most significant trends is the increased emphasis on sustainability and green construction practices. Companies are increasingly integrating eco-friendly building materials and energy-efficient systems to meet regulatory requirements and client demands for environmental responsibility.
Another notable trend is the rise of smart buildings. The integration of IoT (Internet of Things) technology is becoming more prevalent, allowing for enhanced automation, energy management, and predictive maintenance. This trend is driven by the need for operational efficiency and cost savings.
The adoption of modular construction techniques is also gaining momentum. Prefabricated components are used to reduce construction time and labor costs, providing a quicker and more affordable solution for industrial building projects. This method also results in less waste and improved safety on-site.
In terms of forecasts, the near future looks set to see steady growth in industrial building construction driven by robust demand in sectors such as e-commerce, manufacturing, and logistics. As industrial operations expand, the need for new facilities and the redevelopment of existing ones will continue to drive the market forward. Participation in public infrastructure projects and increased government investment in industrial development will further bolster the industry’s prospects.
This industry is comprised of:
Acid plant construction
Addition, alteration and renovation operative builders, industrial building (except warehouses)
Addition, alteration and renovation, general contractors, industrial building (except warehouses)
Addition, alteration and renovation, industrial building (except warehouses)
Aluminum plant construction
Ammonium plant construction
Assembly plant construction
Blast furnace construction
Cannery construction
Cement plant construction
Chemical (except petrochemical process type) plant construction
Clean room construction
Construction management, industrial building (except warehouses)
Factory construction
Fish processing plant construction
Food processing plant construction
Foundry construction
Furnace (i.e., industrial plant structure) construction
Garbage disposal plant construction
Incinerator, mass-burn type, construction
Incinerator, municipal waste disposal, construction
Industrial building (except warehouses) construction
Industrial building (except warehouses) construction, general contractors
Industrial building (except warehouses) construction, operative builders
Kiln construction
Manufacturing building construction
Materials recovery facility construction
Metal processing plant construction
Mine loading and discharging station construction
Motor vehicle assembly plant construction
Operative builders (i.e., building on own land, for sale), industrial building (except warehouses)
Ore and metal refinery construction
Oven, industrial plant, construction
Paper or pulp mill construction
Pharmaceutical manufacturing plant construction
Prefabricated industrial building (except warehouses) erection
Printing plant construction
Refuse disposal plant construction
Smelter construction
Speculative builders (i.e., building on own land, for sale), industrial building (except warehouses)
Steel mill construction
Textile mill construction
Tipple, mining, construction
Washery, mining, construction
Waste disposal plant (except sewage treatment) construction
This report includes the ability to segment your Industry by:
- Region
- Employees
- Net Sales
- Company Age
- Total Assets
- Ownership Type
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