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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 | Apr 2015

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
$15bn
Annual Growth 10-15
8.1%
Annual Growth 15-20
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Profit
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Employment
26,571
Businesses
192
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 - Starting a New Business Chapter

The Metal Pipe and Tube Manufacturing industry has substantial barriers to entry, the most significant of which are the large-scale production facilities required for firms to achieve economies of scale; such facilities require a substantial investment of capital. Regardless of the particular product segment, new entrants need to invest in production equipment in order to attain manufacturing efficiencies comparable to existing firms, especially those of higher-market-share companies.

The industry is in the mature stage of its industry life cycle; therefore, the growth rate of industry companies has slowed. However, competition continues to remain high with an estimated 199 companies operating in the industry in 2014... 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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