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Metal Pipe & Tube Manufacturing in the US - Industry Market Research Report

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    Report

  • 56 Pages
  • August 2022
  • Region: United States
  • IBISWorld
  • ID: 239461

Down the tube: Sustained demand from key markets is expected to continue driving industry revenue growth

Over the five years to 2019, the Metal Pipe and Tube Manufacturing industry has declined due to a sharp drop in oil prices in both 2015 and 2016, resulting in a subsequent decline of the industry's largest market: the oil and gas industry. Additionally, the value of utilities construction, representing the construction of waterworks and energy infrastructure, experienced three consecutive years of declines as the energy sector contended with volatile commodity prices. Furthermore, the oil and natural gas price index decreased significantly over the past five years, causing the prices of other commodities, such as iron ore and other metals, to decline. Consequently, oil drilling and exploration activities became unprofitable and demand for industry products declined significantly. As a result, industry revenue is anticipated to decrease during the current period. This trend is projected to reverse over the five years to 2024, as industry revenue is forecast to increase. The difficult operating conditions that hampered industry sales between 2015 and 2016 have since improved, raising demand for industry products.

Operators in this industry are standalone producers that 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.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.


Table of Contents

ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources

INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle

PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations

COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization

MAJOR COMPANIES
OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance

KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios

JARGON & GLOSSARY

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Tenaris Sa
  • United States Steel Corp
  • Vallourec Sa
  • MRC Global
  • Northwest Pipe Company
  • Webco Industries Inc.
  • Merfish Pipe Holdings LLC
  • Evraz Plc
  • Omega Steel Company
  • Valiant Steel and Equipment Inc.
  • American Piping Products Inc.

Methodology

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