Drywall, Plaster, Acoustic & Insulation Contractors

Drywall, Plaster, Acoustic & Insulation Contractors

Brief Excerpt from Industry Overview Chapter:

Companies in this industry perform drywall and insulation work, including installation, maintenance, and repair. Major US companies include APi Group, The Brock Group, Irex Contracting Group, KHS&S Contractors, Performance Contracting Inc, and United Subcontractors Inc.

COMPETITIVE LANDSCAPE

Demand is driven primarily by new building construction. The profitability of individual companies depends on a steady volume of work, accurate job estimating, and good cost controls. Large companies have an advantage in bidding on large jobs. Small companies can compete effectively by specializing or by providing superior service. The industry is highly fragmented: the 50 largest firms account for less than 25% of revenue.

PRODUCTS, OPERATIONS & TECHNOLOGY

Single detached residential buildings account for about 30% of the industry's revenues, followed by additions, renovations, and alterations to office buildings (about 25%). Other revenue sources come from the construction services for new office buildings, new educational buildings, and new apartment buildings, among others.