After experiencing severe fluctuations in revenue 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 demand from downstream buyers, will increase industry revenue. However, operators will face increasing competition from plastics, cement tubes and imports, during the next five years. Nonetheless, steel prices are expected to keep profit margins fairly constant over the period.
Operators, who 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 primary input material to 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.