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Metal Tank Manufacturing in New Mexico

Author.Name IBISWorld United States Last Updated: August 2025 NAICS NM33242

Metal Tank Manufacturing in New Mexico industry analysis

The Metal Tank Manufacturing industry in New Mexico 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 decreased an annualized -x.x% to x locations. Industry employment has decreased an annualized -x.x% to 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.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to stagnate x% to x locations. Industry employment is expected to increase an annualized x.x% to xxx workers, while industry wages are forecast to increase % to $x.x million.

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About the Metal Tank Manufacturing in New Mexico Market Research Report

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

Definition of the Metal Tank Manufacturing in New Mexico?

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 New Mexico?

The Metal Tank Manufacturing in New Mexico 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 New Mexico 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 New Mexico

Benchmark the Metal Tank Manufacturing in New Mexico industry performance with all NM county and national performance.

Metal Tank Manufacturing in New Mexico

#35 in Highest Revenue 0.4% 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 New Mexico

See how key industry drivers, such as population, per capita disposable income, median houshold income, producer price index: steel, oil and natural gas price index and trade-weighted index are impacting Metal Tank Manufacturing in New Mexico

New Mexico Economic Indicators

Population
Per Capita Disposable Income
Median Houshold Income

View more economic information in NM State Economic profile

US Key External Drivers

Producer Price Index: 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 New Mexico

Access proprietary data on county in the Metal Tank Manufacturing in New Mexico, such as Bernalillo County, Lea County and Eddy County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Metal Tank Manufacturing industry in New Mexico

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 New Mexico in 2025?

The market size of the Metal Tank Manufacturing industry in New Mexico is $43.5m in 2025.

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

There are 6 businesses in the Metal Tank Manufacturing industry in New Mexico, which has been declining at an average annual rate of -5.6% from 2020 to 2025.

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

The market size of the Metal Tank Manufacturing industry in New Mexico has been declining at an average annual rate of -2.8% from 2020 to 2025.

How many employees in the Metal Tank Manufacturing industry in New Mexico in 2025?

There are 195 employees in the Metal Tank Manufacturing industry in New Mexico, which has been declining at an average annual rate of -0.9% from 2020 to 2025.