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Home › Industry Metrics › NAICS 2354

NAICS 2354 - Masonry, Drywall, Insulation, and Tile Contractors

NAICS 2354 - MASONRY, DRYWALL, INSULATION, AND TILE CONTRACTORS
NAICS 2351 Plumbing, Heating, and Air-Conditioning Contractors NAICS 2355 Carpentry and Floor Contractors NAICS 2357 Concrete Contractors NAICS 2352 Painting and Wall Covering Contractors NAICS 2353 Electrical Contractors NAICS 2354 Masonry, Drywall, Insulation, and Tile Contractors NAICS 2356 Roofing, Siding, and Sheet Metal Contractors NAICS 2359 Other Special Trade Contractors
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This NAICS Industry Group includes establishments classified in the following NAICS Industries: 23541, Masonry and Stone Contractors; 23542, Drywall, Plastering, Acoustical, and Insulation Contractors; and 23543, Tile, Marble, Terrazzo, and Mosaic Contractors.

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This NAICS Industry Group includes establishments classified in the following NAICS Industries: 23541, Masonry and Stone Contractors; 23542, Drywall, Plastering, Acoustical, and Insulation Contractors; and 23543, Tile, Marble, Terrazzo, and Mosaic Contractors.

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NAICS 23 Construction
NAICS 235 Special Trade Contractors
NAICS 2354 Masonry, Drywall, Insulation, and Tile Contractors
NAICS 23541 Masonry and Stone Contractors
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Industry trends

In recent years, the Masonry, Drywall, Insulation, and Tile Contractors industry (NAICS 2354) has experienced significant qualitative shifts driven by various factors. One prominent trend is the increasing adoption of sustainable construction practices. Contractors are integrating more eco-friendly materials such as low-VOC paints, recycled drywall, and energy-efficient insulation, propelled by growing consumer and regulatory demands for green buildings.

Another trend is the digital transformation within the industry. Many contractors are embracing advanced technologies such as Building Information Modeling (BIM), which enhances project planning and execution by providing detailed 3D models. Augmented reality (AR) is also gaining popularity for on-site assembly and quality control.

Labor shortages continue to challenge the industry, prompting contractors to invest in training and development programs to upskill their workforce. The use of modular and prefabricated construction methods is also on the rise, offering faster project completion and reducing the reliance on skilled labor.

Looking ahead, the forecast indicates a steady growth for the industry fueled by a robust demand for residential and commercial construction. The adoption of smart building technologies, which integrate IoT devices into structures for enhanced functionality and efficiency, is expected to increase. Additionally, the emphasis on resilience and climate adaptation will likely drive innovation in insulation materials to better withstand extreme weather conditions.

  • Investment in renewable energy and grid modernization continues to accelerate.
  • Regulatory changes and sustainability initiatives are shaping long-term growth.
  • Operational efficiency and technology adoption are key focus areas.

Industry Comparison

How this industry compares to all industries.

Return on Investment (ROI) 5%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 88%

Loan Failure Rate 11%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 78%

Total Companies in this Industry 39
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Explore related industries

  • NAICS 2354 Masonry, Drywall, Insulation, and Tile Contractors
  • NAICS 23541 Masonry and Stone Contractors
  • NAICS 23542 Drywall, Plastering, Acoustical, and Insulation Contractors
  • NAICS 23543 Tile, Marble, Terrazzo, and Mosaic Contractors
  • View all related industries

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