Metal Pipe & Tube Manufacturing in Canada
Due to weak steel prices, deteriorating demand from the energy sector and ongoing idling at some of the industry's largest production facilities, industry revenue for the Metal Pipe and Tube Manufacturing industry is expected to decline over the five years to 2017. Over the next five years, industry growth will primarily be driven by recovering steel prices, rebounding demand from the domestic oil and gas sector and continued exports to US customers within the energy, automotive and nonresidential construction sectors. However, imports and substitute products are expected to remain key threats to domestic sales, constraining industry profitability and pressuring metal pipe and tube manufacturers to continue specializing in order to maintain a leading position in the global market.
This industry includes standalone manufacturers of welded, riveted or seamless pipes or tubes made from iron or steel. Steel is purchased as an input material for the manufacturing process, generally in coil or billet form.
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.
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