Industry Analysis & Industry Trends
After experiencing severe fluctuations in revenue growth during the past five years, demand is expected to improve in the coming years. Rising oil and gas prices and a return to sustained growth in construction activity will contribute to this growth. Also, sustained growth in automotive component manufacturing will increase demand for metal pipes and tubes... purchase to read more
Industry Report - Industry Investment Chapter
The Metal Pipe and Tube Manufacturing industry has a medium level of capital intensity. For every dollar spent on wages, manufacturers operating in the industry will allocate an estimated $0.23 on machinery, equipment and other capital expenses. Although the industry relies heavily on large-scale capital equipment for its production operations, most manufacturing sites are relatively old; therefore, a substantial proportion of capital costs have already been written off. New capital spending is typically for the purchase of machinery, while a much smaller portion is allocated toward buildings and other structures... purchase to read more