Procurement Market Intelligence Report
Maintenance Turnaround Services
Sourcing Guide & Market Intelligence
Smarter cost management starts with comprehensive market intelligence
United States
Global
Quick Navigation
Maintenance Turnaround Services Global Overview
Definition
Summary
Maintenance turnaround services require planned, temporary shutdowns of an industrial process unit. Vendors, including industrial service companies and construction contractors, offer services that foster continued, uninterrupted production activity and reduce the risk of unplanned outages or catastrophic failures. Buyers of these services include petrochemical processors, oil refiners, natural gas producers, power generators, steel producers, and pulp and paper plant operators.
This Report Includes:
- Testing, Cleaning & Drying Storage Tanks
- Draining & Vacuuming Vessels
- Piping Installation
- Welding & Tubing Services
- Oxygen Cleaning Services
Not in this Report:
- Routine Maintenance
- Construction Services
Take the ProcurementIQ products and data tour
Explore live samples of price trend forecasts, price driver projections, forward-looking cost structure data and more.
Global Maintenance Turnaround Services Procurement Trends
Discover the top international trends affecting procurement in the global Maintenance Turnaround Services market.
Warning Trends
Tariffs to negatively impact the building and construction machinery sector
- The Trump Administration’s reciprocal tariffs, which apply general tariff rate increases to most countries the United States trades with, are set to take effect on August 7, after the administration finalized the national rates on August 1. As a result, leading sources of imported construction machinery face significantly higher tariff rates, including Japan (15.0%), Mexico (25.0%), South Korea (15.0%), the European Union (15.0%), the United Kingdom (10.0%), China (54.0%), and Canada (35.0%).
- The increase in tariffs on building and construction machinery imported from tariff-impacted countries will add to the price of imports, which are typically passed on to buyers in the form of higher prices. According to The Budget Lab at Yale, the additional tariffs on imports will increase overall prices for machinery and equipment by 13.3%.
- Additionally, the administration has already implemented 50.0% tariffs on all aluminum and steel imported into the United States, with the sole exception of imports from the United Kingdom. These tariffs will increase input costs even for construction machinery suppliers with domestic manufacturing operations.
- According to an April 2025 survey from Construction Equipment Magazine, around half of the respondents reported that the higher tariffs will increase operating costs by up to 15.0%, and more than half said they plan to pass those increases along to buyers.
- As many building and construction machinery brands source parts and components such as steel, engines, and electronics from foreign countries, higher tariff rates will put upward pressure on prices and lead to greater rental rates as manufacturers and dealers pass on costs. In addition, suppliers that source parts from tariff-affected regions may see supply chain disruptions as they seek alternative suppliers to mitigate tariff impacts.
Neutral
Crude oil prices dip, but natural gas and fuel prices remain volatile in 2025
- Oil prices have been falling with the introduction of higher tariffs and the predicted decline in global demand. The OPEC+ group of countries also announced they would be unwinding production cuts and increasing their collective output target for May by 411,000 barrels per day.
- Trade wars, ongoing conflict between Hamas and Israel, and general unrest in the Middle East are causing uncertainty surrounding oil prices, which has led to volatility in prices. In the third week of May 2025, crude oil prices hit $63.67 per barrel, but volatility remains as geopolitical concerns remain.
- Natural gas prices rallied early in 2025 with colder-than-usual temperatures in the United States and high demand, topping out at $4.68/MMBtu in March. Prices have since fallen with the onset of trade wars and weakening demand projections to $3.64/MMBtu in the third week of May 2025.
- The national average of gasoline prices has been rising slightly due to refinery maintenance/outages and blending issues, hitting a national average of $3.15 per gallon in the third week of May 2025. However, gasoline futures have been volatile, falling due to fears of oversupply and deepening concerns about weakening demand with tariffs, but rising after trade deals.
Global Maintenance Turnaround Services Market - Suppliers by Region
| Country/Region | Number of Suppliers |
|---|---|
| #1 China | 14,430 |
| #2 Europe | 9,630 |
| #3 United States | 6,250 |
Explore supplier concentration across the globe
We've uncovered the 11 top regions for global procurement, based on feedback from our most strategic clients. Access vendor counts for each unique region when you subscribe.
Geography Drilldown - US
Average Cost of Maintenance Turnaround Services
United States
2026 Market Pricing$98,000.00 to $X,XXX,XXX.XX
per dayAverage Price
Prices in the Maintenance Turnaround Services market range from $98,000.00 to $X,XXX,XXX.XX, depending on Seasonality, Scope of Maintenance Turnaround, Experience & Qualifications of the Supplier and Location. For example, lower prices are associated with During periods with diminished demand ($500,000 to $600,000 per day), whereas higher prices are associated with During peak winter heating and summer cooling seasons ($700,000 to $800,000 per day).
Need the scoop on international price trends?
Between our Europe and Canada collections, we provide price data for 350 markets so you can instantly compare prices across borders. Or, use our custom research services for intel on prices in any region across the globe.
Maintenance Turnaround Services Category Price Trends
Pricing trends are indicated by the compound annual growth rate (CAGR) during a set period of time. For the Maintenance Turnaround Services market, prices in the US have grown 4.1% from 2022 to 2025. Subscribers can access price trend forecasts, price driver projections and forward-looking cost structure data. Learn more
United States (2022-2025)
United States (2025-2028)
Compound Annual Growth Rate
Wondering where prices are heading?
Price trend forecasts are available to subscribers, along with price driver projections and forward-looking cost structure data.
Cost Analysis - Total Cost of Ownership for Maintenance Turnaround Services
Total cost of ownership is High in the Maintenance Turnaround Services market. The average cost of ownership differs depending on the contract but generally includes costs negotiated before the contract begins, costs billed during the contract period and unforeseen costs. For example, unforeseen costs in the form of Cancellations may raise the total cost of ownership unexpectedly.
Negotiated Before
Implementation
Financing
Billed During
Inspections
Unforeseen
Cancellations
Buyer Power in Procurement Negotiations
In 2026, buyer power amounts to -3.4 in the United States. Buyer power is most positively impacted by Recent Developments. It is most negatively impacted by Average Vendor Risk. Subscribers can access details on eight other factors that impact buyer power. Learn more
United States
Buyer power forecasts: your glimpse into the future
Develop strategies for the upcoming year and identify unforeseen opportunities for buying now
- Actionable "Buy Now" and "Buy Later" insights
- Near-real-time updates to current and forecast Buyer Power Scores
- Methodology and weightings for Buyer Power Score Components
Supply Chain Risk
The average level of supply chain risk is assessed as High, which has a negative impact on buyer power. The level of supply chain risk is affected by industry volatility, barriers to entry, competition, import penetration, regulation and industry financial risk. Buyers in this market can mitigate procurement and supply chain management risks by monitoring risk levels for individual first and second tier suppliers:
1st
Tier Suppliers
- Industrial Machinery & Equipment Wholesaling
- Chemical Wholesaling in the US
- Engineering Services in the US
2nd
Tier Suppliers
- Steel Rolling & Drawing in the US
- Chemical Product Manufacturing in the US
Biggest Maintenance Turnaround Services Suppliers in the US by Revenue
The largest Maintenance Turnaround Services vendors by revenue in the US are Nooter Construction, Inc., Fluor Corporation and Emerson Electric Co. Subscribers can sort and filter by market share concentration, profit level and other factors. Learn more
| Supplier | Operational Size | Headquarters | Number of Employees | Market Share (%) | Market Share Performance (3yr trend) | Total Revenue ($ million) | Profit Level (%) | Risk Level |
|---|---|---|---|---|---|---|---|---|
| General Electric Company | Global | EVENDALE | >10,000 | 5-10 | ||||
| Emerson Electric Co. | Global | ST LOUIS, MO | >10,000 | 5-10 | ||||
| Fluor Corporation | Global | IRVING, TX | >10,000 | 5-10 | ||||
| Sulzer AG | Global | Winterthur, CH | >10,001 | 5-10 | ||||
| Halliburton Company | Global | HOUSTON | >10,000 | < 5 | ||||
| KBR Inc. | Global | HOUSTON | >10,000 | < 5 | ||||
| Primoris Services Corporation | International | DALLAS, TX | >10,000 | < 5 | ||||
| Turner Industries Group, LLC | Regional | Baton Rouge, LA | >10,000 | < 5 | ||||
| Nooter Construction, Inc. | Regional | Torrance, CA | 51-200 | < 5 | ||||
Looking for a list of suppliers by country?
Subscribers can access vendor information on Canadian and European suppliers, too. We also offer custom research services to help with vendor sourcing anywhere in the world.
Profit Analysis
The average profit margin across vendors in the Maintenance Turnaround Services market is 5.5% and steady. Profit levels shift depending on suppliers' spend on wages, purchases and overhead. The highest cost component for vendors is Overhead. The cost trend for this component is falling, when considering movement between 2025 and 2026. To understand cost forecasts for 2027 and uncover the implications on profit, start your subscription. Learn more
Vendor & Supply Chain Analysis
Changes to the tax code directly benefit buyers of maintenance turnaround services because specific improvements, equipment replacements, and installation costs are eligible for complete tax deductions, which can create significant tax credits and large savings for buyers.
Moderate market share concentration is neutral for buyers as it limits the amount of competition among vendors, but not to a point where no competition exists.
Although turnaround services are required every three to five years on average, recent delays during the pandemic have elevated the risk of unexpected changes in downstream demand.
Buyers interested in procuring maintenance turnaround services from traditionally underrepresented companies have few opportunities to do so in this market, with women-, minority-, and veteran-owned businesses accounting for a smaller portion of the supplier base than in the wider economy.
The United States is considered a net importer of safety headwear, which presents the domestic market with a wide range of products and vendors to select from, enhancing competition in the market. Though, increased reliance on imported goods elevates the risk of supply disruptions somewhat with fluctuating trade regulations.
Supplier Information
Emerson Electric Co.
Emerson Electric Co. is a public company operating globally in the manufacturing, professional, scientific and technical services and other services (except public administration) sectors. The company's offerings include downhole instrumentation, welding machines, industrial refrigerators, auxiliary generators,... Subscribe to learn more
Fluor Corporation
Fluor Corporation is a diversified holding company that provides professional and technical solutions. It primarily offers engineering, procurement, construction, fabrication and modularization, and project management services. It serves various industries worldwide, including advanced technologies and manufacturing,... Subscribe to learn more
General Electric Company
General Electric Company (dba GE Aerospace) is a global aerospace company that provides engines, systems, and services to commercial, government, and military markets. It organizes its business into two segments: the Commercial Engines & Services segment, which designs and manufactures jet engines for commercial... Subscribe to learn more
Sulzer AG
Sulzer AG is a public company operating globally in the manufacturing and other services (except public administration) sectors. The company's offerings include maintenance turnaround services. Founded in 1900, the company is currently headquartered in Winterthur, Switzerland with an estimated employee count... Subscribe to learn more
Halliburton Company
Halliburton Company is a products and services provider to the energy industry. It organizes its business into two operating segments: Completion and Production segment, which delivers cementing, stimulation, specialty chemicals, intervention, pressure control, artificial lift, and completion products and... Subscribe to learn more
KBR Inc.
KBR, Inc. is an engineering company delivering solutions to governments and businesses. It offers research and development, advanced prototyping, acquisition support, systems engineering, systems assurance and technology, C5ISR, cyber analytics, space domain awareness, test and evaluation, systems integration... Subscribe to learn more
Matrix Service Co
Matrix Service Company is a provider of engineering, fabrication, construction, and maintenance services to support critical energy infrastructure and industrial markets. It organizes its business into three reportable segments: the Storage and Terminal Solutions segment, which includes engineering, procurement,... Subscribe to learn more
Nooter Construction, Inc.
Nooter Construction, Inc. is a private company operating regionally in the construction and other services (except public administration) sectors. The company's offerings include maintenance turnaround services, plumbing construction services, hvac system construction & maintenance and plumbing & sewer inspection... Subscribe to learn more
Petrochem Field Services Inc
Petrochem Field Services Inc is a private company operating internationally in the other services (except public administration) sector. The company's offerings include maintenance turnaround services. Founded in 1990, the company is currently headquartered in Humble, Texas, United States of America with Subscribe to learn more
Accelerate the vendor selection process
Get a clear picture of the competition in a market and discover which vendors are best-suited for your sourcing needs. Our supplier profiles include hard-to-find financial ranges for private companies, cover public company data and feature an interactive competitor matrix.
Procurement Management KPIs for the Maintenance Turnaround Services Market
Managing vendor performance throughout the contract period is easier when tracking specific key performance indicators (KPIs). For example, buyers should monitor Average Order Value and Customer Satisfaction (CSAT). Buyers may experience better performance throughout their contracts if they establish service level agreements (SLAs) based on Planning and other factors.
| KPI | Level of Importance (1-5) | Measurements | Key Considerations |
|---|---|---|---|
| Average Order Value |
|
Total revenue Number of orders |
The average order value represents the revenue generated from the average order. The average order value can be used to evaluate a company’s consumers’ willingness to pay for its products and services. |
| Customer Satisfaction (CSAT) |
|
Number of positive customer responses Number of customer responses |
Customer satisfaction represents customers’ overall satisfaction with a company. Customer satisfaction can be used to determine whether customer improvements are required. Customer satisfaction can be used to evaluate a company’s reputation. |
|
|||
Questions to Ask During Procurement Negotiations
How can I gain leverage during negotiations?
Experience and Expertise
What similar projects have you worked on?
How long have you provided services like this to your longest-tenured client?
Reputation
What are your renewal and repeat business rates for operators in my industry, and how does that compare to your overall rates?
Have you had any major complaints from past clients?
Quality Control
What systems are in place to ensure that my project has received a thorough evaluation?
How do you balance short service duration times while maintaining maximum possible accuracy and quality?
The ultimate prep for procurement negotations
View all 29 negotiation questions for this category when you subscribe.
Maintenance Turnaround Services RFP Guidelines
What should my RFP include?
Organizational Overview
Buyers should describe their operations (oil and gas refining, manufacturing, power-generation, etc.), including the age and condition of machinery and equipment.
Buyers should provide a detailed description of staff roles, including to whom suppliers will report.
Statement Of Need
After laying out the scope of services needed, buyers should describe specific examples of repairs, maintenance and other turnaround work needed.
Buyers should provide data on productivity, operational timelines, staff hours and other information that can help suppliers identify specific areas in which maintenance and repair work can assist in efficiencies and cost reductions.
Project Budget
Buyers should explicitly state the amount for the award.
Buyers should describe the expected pricing model to be used (e.g., time and materials), including protocols for cost and time overruns.
The RFP process made easy
Find out how you can access RFP templates for 800+ procurement categories to start writing better, more consistent RFPs.
We display average pricing information, trends and market data.
Our Reports include:
- Opportunity assessment
- Market dynamics
- Recent developments
- Positive and warning trends
- Buyer power levers
- Price environment and market pricing
- Geographic wage rates
- Global market updates
- Total cost of ownership
- Cost structure benchmarks and analysis
- Supply chain and vendors
- Global supplier breakdown
- Market share concentration
- Regulation and business requirements
- Vendor management and KPIs
- Sourcing strategy guidance
