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Metal Tank Manufacturing in Illinois

Author.Name IBISWorld United States Last Updated: April 2025 NAICS IL33242

Metal Tank Manufacturing in Illinois industry analysis

The Metal Tank Manufacturing industry in Illinois is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments stagnated an annualized x% to xx locations. Industry employment has decreased an annualized -x.x% to x,xxx workers, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to grow x.x% to xx locations. Industry employment is expected to increase an annualized x% to x,xxx workers, while industry wages are forecast to increase x% to $x.x million.

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About the Metal Tank Manufacturing in Illinois Market Research Report

What’s Included in the Metal Tank Manufacturing in Illinois Market Research Report

Definition of the Metal Tank Manufacturing in Illinois?

Operators in this industry manufacture tanks, vessels and other containers by cutting, forming and joining heavy-gauge metals. Industry products include acetylene cylinders, cryogenic tanks, farm storage tanks, fermentation tanks, gas storage tanks, liquefied petroleum gas cylinders, oil storage tanks, septic tanks, storage tanks, water tanks and vats. Industry operators may also provide value-added services such as installation and product design.

What’s included in the Metal Tank Manufacturing in Illinois?

The Metal Tank Manufacturing in Illinois includes manufacturing light gauge metal tanks and vessels, manufacturing gas cylinders and manufacturing heavy gauge metal tanks. Related terms covered in the Metal Tank Manufacturing in Illinois industry report includes the use of computer technology to aid the design and drafting of a part or product using software tools that can create two-dimensional drawings or three-dimensional models, a company that manufactures products or components that are purchased by a company and retailed under the purchasing company's brand name and the transfer of manufacturing operations to another country, regardless of whether the work is outsourced or stays within the corporation or company.

Industry Performance of the Metal Tank Manufacturing industry in Illinois

Benchmark the Metal Tank Manufacturing in Illinois industry performance with all IL county and national performance.

Metal Tank Manufacturing in Illinois

#9 in Highest Revenue 3.7% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Metal Tank Manufacturing in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Metal Tank Manufacturing industry in Illinois

See how key industry drivers, such as population, private investment in non-residential construction, new business formation, price of steel, oil and natural gas price index and trade-weighted index are impacting Metal Tank Manufacturing in Illinois

Illinois Economic Indicators

Population
Private Investment in Non-Residential Construction
New Business Formation

View more economic information in IL State Economic profile

US Key External Drivers

Price of steel
Oil and natural gas price index
Trade-weighted index

For the full list of industry drivers, see report purchase options.

County Data of the Metal Tank Manufacturing industry in Illinois

Access proprietary data on county in the Metal Tank Manufacturing in Illinois, such as Cook County, Sangamon County and Rock Island County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Metal Tank Manufacturing industry in Illinois

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Metal Tank Manufacturing industry in Illinois in 2025?

The market size of the Metal Tank Manufacturing industry in Illinois is $410.0m in 2025.

How many businesses are there in the Metal Tank Manufacturing industry in Illinois in 2025?

There are 25 businesses in the Metal Tank Manufacturing industry in Illinois, which has been declining at an average annual rate of 0.0% from 2020 to 2025.

Has the Metal Tank Manufacturing industry in Illinois grown or declined over the past 5 years?

The market size of the Metal Tank Manufacturing industry in Illinois has been declining at an average annual rate of -2.4% from 2020 to 2025.

How many employees in the Metal Tank Manufacturing industry in Illinois in 2025?

There are 1,260 employees in the Metal Tank Manufacturing industry in Illinois, which has been declining at an average annual rate of -1.6% from 2020 to 2025.