Metal Pipe & Tube Manufacturing in the US
Operators in the Metal Pipe and Tube Manufacturing industry are standalone producers of metal pipes and other tubular products made from purchased iron or steel. The industry performed well during the first half of the five-year period to 2016, driven by strong exports and rising demand from the domestic energy, nonresidential construction and water infrastructure markets. However, these trends reversed course during the past three years, as domestic demand for steel products in China, India and other burgeoning economies slowed down, causing steel pipe manufacturers in those countries to dump excess inventory into the global market. Going forward, demand from the energy, industrial manufacturing and waterworks markets will remain key drivers of industry performance over the five years to 2021. Nevertheless, the industry will continue to face increased competition from imported metal pipes and similar tubular products made from plastic or cement.
Operators 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.
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