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Metal Pipe & Tube Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Metal Pipe & Tube Manufacturing Market Research Report | NAICS 33121 | Nov 2014

Pipe up: Moderate upcoming growth will be largely guided by steel prices

IBISWorld’s Metal Pipe & Tube Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$17bn
Annual Growth 09-14
18.8%
Annual Growth 14-19
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Profit
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Employment
20,722
Businesses
211
Industry Analysis & Industry Trends

The Metal Pipe and Tube Manufacturing industry's performance is tightly correlated with the highly volatile world price of steel. As steel prices plummeted during the recession and subsequently skyrocketed, so too has revenue for industry operators. In the coming years, demand for metal pipes and tubes is expected to increase as rising oil and gas prices cause downstream buyers to boost production, increasing the need for industry products. Additionally, sustained growth in automobile 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 operates with a medium level of capital intensity as firms rely on large-scale capital equipment for their production operations. IBISWorld estimates that for every $1.00 spent on wages, industry operators will spend $0.18 in capital investment. This 2014 figure represents a substantial increase from $0.12 in 2009. New capital spending is typically related to the purchase of machinery, representing an estimated 92.6% of capital expenditure in 2014, while a much smaller portion is allocated toward buildings, new facilities and other structures.

In addition, the purchase of computers and data processing equipment has been on the rise over the past five years... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Metal Pipe & Tube Manufacturing Industry?

Operators that are stand-alone producers in this industry manufacture welded, riveted and seamless pipes or tubes from purchased iron or steel. Consequently, steel is purchased as a primary input material in the metal pipe and tube manufacturing process.

Industry Products
Energy-sector seamless and welded pipes and tubesWelded pipes and tubesRiveted and other seamless pipes and tubes
 
Industry Activities
Manufacturing drill pipes and pipe casings Manufacturing steel pipe products Manufacturing mechanical and structural tube and pipe products


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