The North America Historical Building/Heavy Masonry Construction Market is experiencing steady growth driven by the need for restoration, preservation, and renovation of aging infrastructure. Construction activities such as brick-and-stone repair, replacement, and repointing are common in this market. The emphasis on cultural heritage preservation, government initiatives, and incentives further contribute to market growth. The market benefits from specialized construction companies with expertise in historical building construction and the demand for skilled craftsmanship. Increasing awareness of the importance of preserving architectural landmarks fuels the market's expansion.
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Data Bridge Market Research analyses that the North America historical building/heavy masonry construction market grew at a rate of 4.13% in the forecast period of 2022 to 2029. The aging infrastructure in North America drives the historical building/heavy masonry construction market. As older buildings require restoration and preservation, there is an increased demand for masonry construction services to ensure the structural integrity and historical significance of these buildings are maintained.
Key Findings of the Study
Government initiatives and incentives are expected to drive the market's growth rate
Government initiatives and incentives are significant drivers of the North America historical building/heavy masonry construction market. Governments at various levels recognize the value of preserving historical buildings and offer incentives and grants to promote restoration and preservation efforts. These initiatives aim to protect cultural heritage, promote tourism, and boost local economies. By providing financial support and favorable policies, governments encourage construction companies to undertake historical building projects. The availability of funding and incentives stimulates market growth as more construction firms participate in the preservation and restoration of historical structures, contributing to the overall development of the market.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014-2019)
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Segments Covered
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Construction Services (Brick and Stone Repair or Replacement, Repointing, Building Cleaning or Sealing, Expansion Joint Systems Repair, Epoxy Injection, Restoration and Preservation, Caulking and Sealants, Exterior Wall Coating, Wall Ties, Structural Steel Repair or Replacement, Flashing Systems, Others), Ownership (Sole-Ownership, Joint Tenancy, Government, Society, Heritage Agencies, Corporate, Others), Materials (Stone, Mortar, Bricks and Blocks, Concrete, Timber, Paint, Nanolime, Others), Building Type (War Memorials, Palaces, Mansion, Castles, Museum, Residential, Religious Monuments, Others),
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Countries Covered
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U.S., Canada, Mexico
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Market Players Covered
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NORTHLAND CONCRETE & MASONRY COMPANY - (U.S.), NT, Services Inc. - (Canada), McGee Brothers - (U.S.), A.L.L Construction Group - (U.S.), Historic Restoration Inc. - (USA), T&T Construction - (U.S.), Bush Masonry Construction - (U.S.), The Korte Company - (U.S.), K.I.B. Building Restoration Inc. - (Canada), WSP - (Canada), Colonial Restoration - (U.S.), Entuitive - (Canada), PCL Constructors Inc. - (Canada), Everest Restoration Limited - (Canada), Heather & Little Limited - (Canada), Gilbane - (U.S.), Knox masonry - (U.S.), Rockwell Building Service LTD. - (Canada), THE DURABLE RESTORATION COMPANY - (U.S.)
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Segment Analysis:
The historical building/heavy masonry construction market is segmented on the basis of construction services, ownership, materials, and building type.
- On the basis of construction services, the market is segmented into brick and stone repair or replacement, repointing, building cleaning or sealing, expansion joint systems repair, epoxy injection, restoration and preservation, caulking and sealants, exterior wall coating, wall ties, structural steel repair or replacement, flashing systems, and others.
- On the basis of ownership, the historical building/heavy masonry construction market is segmented into sole-ownership, joint tenancy, government, society, heritage agencies, corporate, and others.
- On the basis of materials, the historical building/heavy masonry construction market is segmented into stone, mortar, bricks and blocks, concrete, timber, paint, nanolime, and others.
- On the basis of building type, the historical building/heavy masonry construction market is segmented into war memorials, palaces, mansion, castles, museum, residential, religious monuments, and others.
Major Players
Data Bridge Market Research recognizes the following companies as the major North America historical building/heavy masonry construction market players in North America historical building/heavy masonry construction market are Western Specialty Contractors (U.S.) NORTHLAND CONCRETE & MASONRY COMPANY (U.S.), NT Masonry Services Inc. (Canada), McGee Brothers (U.S.), A.L.L Construction Group (U.S.), Historic Restoration Inc. (U.S.), T&T Construction (U.S.)
Market Developments
- In December 2022, Siam Cement BigBloc Construction Technologies (a 52:48 joint venture of BigBloc Construction Limited and SCG INTERNATIONAL INDIA PVT LTD) successfully acquired land in Gujarat, India, for setting up a factory to produce AAC Blocks and Panels with an annual production capacity of 300,000 cubic meters which is expected to commence by the year 2023.
Regional Analysis
Geographically, the countries covered in the North America historical building/heavy masonry construction market report are U.S., Canada, and Mexico.
As per Data Bridge Market Research analysis:
U.S.is the dominant region in the North America historical building/heavy masonry construction market during the forecast period 2022 - 2029
The U.S. dominates the North America historical building/heavy masonry construction market due to the significant investment required to address the aging infrastructure in the country. The U.S. has a large number of historical buildings and structures that require restoration and maintenance. The preservation and renovation of these structures demand specialized skills, materials, and techniques, driving the market growth. The U.S. government's focus on infrastructure development and the need to preserve cultural heritage further contribute to the dominance of the U.S. in this market.
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