NAICS 23811 - Poured Concrete Foundation and Structure Contractors
This industry comprises establishments primarily engaged in pouring and finishing concrete foundations and structural elements. This industry also includes establishments performing grout and shotcrete work. The work performed may include new work, additions, alterations, maintenance, and repairs.
Industry trends:
The Poured Concrete Foundation and Structure Contractors industry (NAICS 23811) has seen several noteworthy trends over the past year. One of the defining qualitative trends is the increasing emphasis on sustainability and eco-friendly construction practices. Companies are increasingly adopting green construction techniques, using recycled materials, and leveraging energy-efficient processes to reduce the environmental impact. In addition, advancements in technology, such as the use of Building Information Modeling (BIM) and 3D printing for concrete structures, are becoming more prevalent, allowing for more precise and efficient project planning and execution.
The labor shortage remains a significant challenge for the industry, leading to increased investment in training programs and automation solutions to mitigate the impact. Modular construction, where large portions of structures are built off-site, is also gaining traction, offering quicker, more cost-effective construction options and reducing on-site labor demands.
Looking ahead, the near future forecasts suggest continued growth fueled by infrastructural investments and government initiatives focused on modernizing and expanding public facilities. Residential and commercial construction demand is expected to rise, driven by housing market demands and commercial real estate development. Overall, the industry is poised for a period of robust activity, supported by technological innovations and a growing emphasis on sustainable construction practices.
This industry is comprised of:
Chimney, concrete, construction
Concrete finishing
Concrete floor surfacing
Concrete pouring
Concrete pumping (i.e., placement)
Concrete repair
Concrete resurfacing
Footing and foundation concrete contractors
Foundation, building, poured concrete, contractors
Grouting (i.e., reinforcing with concrete)
Gunite contractors
Gunning shotcrete
Mud-jacking contractors
Retaining wall (except anchored earth), poured concrete, construction
Shotcrete contractors
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