Report: Total Annual Revenues In The Erosion Control Industry Estimated Less Than $2 Billion
The erosion control industry includes manufacturers and distributors of erosion control products and contractors for erosion control services; total annual revenues aren't well-defined, but are probably less than $2 billion. All companies are privately held or are divisions of larger companies.
Demand is driven by construction activity, especially of highways. The profitability of individual companies depends on the volume of work, because large equipment costs are fixed. Large companies have an advantage in being able to handle large contracts. Small companies can compete effectively by specializing in a particular control method or by serving a small geographical area.
The industry provides products and services to prevent soil erosion due to wind and water in places where natural ground cover has been removed or damaged. Without natural ground cover, rain can rapidly wash dirt from construction sites into storm drains and eventually into rivers and wetlands, where silt is a major environmental problem. Major causes of soil erosion are agricultural plowing and tilling; highway and road construction; real estate development; strip mining; artificial landscaping (such as for golf courses and landfills); other engineering projects; and natural causes such as the actions of rivers and the ocean.
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SOURCE: Research and Markets