Structural building components lead annual precast shipments and are on pace to exhibit nearly 6 percent annual growth over the next five years, according to “Precast Concrete Products,” a new analysis from Cleveland market researcher Freedonia Group. When specified for slabs, columns, foundations, or full building systems, precast concrete reduces costs in certain construction conditions and lowers site labor requirements.
Read MoreTag: Freedonia Group
Report measures structural precast versus C-I-P concrete, steel
Sources: Freedonia Group, Cleveland; CP staff Structural building components lead annual precast shipments and are on pace to exhibit nearly 6 percent annual growth over the next five years, according to “Precast Concrete Products,” a new analysis from market researcher Freedonia Group. When specified for slabs, columns, foundations, or full building systems, precast concrete reduces costs in certain construction conditions…
Read MoreReport finds hardscapes continuing to drive unit masonry volume
Sources: Freedonia Group, Cleveland; CP staff Rising interest in outdoor living will remain a key catalyst of residential concrete or clay brick, block, and paver sales through 2025, according to a new analysis by market researcher Freedonia Group. Hardscaping, by far the leading application for concrete units, is expected to account for 70 percent of total market gains and will…
Read MoreMANUFACTURERS – JULY 2018
Duane Rondeau, a 30-year Besser Co. veteran, has been promoted to executive director of Sales – Masonry & Hardscape, responsible for national and international sales teams. Upon graduating with a Mechanical Engineering degree from Michigan Technological University, Rondeau joined the Besser Engineering team in 1988, later moving into sales administration and ultimately a leadership role in international sales in 2012.
Read MoreReport measures fiber cement market gains at vinyl siding expense
Source: The Freedonia Group, Cleveland
Fiber cement siding demand is forecast to grow 3.3 percent per year, to 2.1 billion square feet by 2022, and support sales volume that continues to outperform that of most other siding products. Led by Elementia, James Hardie and Nichiha, the market for fiber cement siding and companion building products will reach $1.6 billion in 2022, reflecting price increases and a shift to higher value offerings. These and other trends are presented in “Fiber Cement in the US, 3rd Edition,” a new study from market researcher Freedonia Group.
Read MoreMoving Forward
A Trump administration may be a welcome development for the construction industry
Read MoreStudy projects moderate growth for precast in water, wastewater markets
Sources: Freedonia Group, Cleveland; CP staff
Demand for precast concrete water, wastewater and waste-handling products—septic tanks, manholes, supply and conveyance components, grease interceptors, hazardous material containers, among them—is projected to rise 5.1 percent per year to $1.2 billion in 2020, a new Freedonia Group report finds.
Read MoreORGANIZATIONS – MARCH 2016
James Bogdan has joined National Ready Mixed Concrete Association as senior director, Sustainability Initiatives. Based in Pittsburgh, he will help position members to meet new requirements in such green building standards as LEED and Green Globes. Initiatives include product sustainability and transparency, supply chain sustainability, and other environmental, social and governance (ESG) practices.
Read MoreMobile app guides users wire-to-wire on paver, SRW projects
Pavestone brought to 2015 Hardscape North America a mobile app programmed as a comprehensive, start to finish resource for residential and commercial projects incorporating the company’s flagship and regional unit masonry brands. The technology led offerings the producer unveiled during the late-October event, staged at the Kentucky Exposition Center, Louisville.
Read MorePrecast methods to maintain lead in growing sound wall sector
Rural and suburban residential and commercial development, especially in close proximity to highways, will sustain demand for outdoor noise barriers in the U.S., where annual growth through 2019 is forecast to rise 3.7 percent, to 9.5 million square feet. Outdoor Noise Barriers, a five-year outlook from Cleveland market researcher The Freedonia Group, finds highways accounting for the vast majority of installations, and concrete structures holding a commanding 92 percent share against plastic, metal and wood product alternatives.
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