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Manufacturers in the oil and gas industry heavily depend on oil and natural gas extraction, primarily because they rely on producing Oil Country Tubular Goods (OCTG), which are vital for oil drilling and pipeline construction. These metal pipes, known for their durability and resistance to harsh conditions, remain irreplaceable by alternative materials. However, the industry is not immune to global economic shifts, as seen during the pandemic when reduced oil consumption led to a decline in demand for OCTG products. With its growing energy needs, the power generation sector has partly cushioned this impact through demand for pipes in power plant construction and maintenance. Fluctuating commodity prices, particularly those of ferrous metals, pose another challenge, with recent events such as the implementation of tariffs, reshoring efforts and heightened regulations exacerbating volatility. These price fluctuations often lead manufacturers to pass costs onto buyers, although some companies manage to benefit from price hikes strategically.
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IBISWorld's research coverage on the Metal Pipe & Tube Manufacturing industry in the United States includes market sizing, forecasting, data and analysis from 2016-2031. The most recent publication was released February 2026.
The Metal Pipe & Tube Manufacturing industry in the United States operates under the NAICS industry code 33121. 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. Related terms covered in the Metal Pipe & Tube Manufacturing industry in the United States include tube, pipe, reticulation, just-in-time, galvanizing, penstock, octg, global overcapacity and electric arc furnace.
Products and services covered in Metal Pipe & Tube Manufacturing industry in the United States include Carbon steel line pipe and OCTG, Carbon steel pressure tubing and Carbon steel mechanical tubing.
Companies covered in the Metal Pipe & Tube Manufacturing industry in the United States include Tenaris Sa, Vallourec Sa and United States Steel Corp.
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Metal Pipe & Tube Manufacturing industry in the United States.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
The Products and Markets chapter covers detailed product and service segmentation, analysis of major markets and international trade data for the for the Metal Pipe & Tube Manufacturing industry in the United States.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Metal Pipe & Tube Manufacturing industry in the United States.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Metal Pipe & Tube Manufacturing industry in the United States. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
The Companies chapter covers Key Takeaways, Market Share and Companies in the Metal Pipe & Tube Manufacturing industry in the United States. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Metal Pipe & Tube Manufacturing industry in the United States. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Metal Pipe & Tube Manufacturing industry in the United States. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Metal Pipe & Tube Manufacturing industry in the United States.
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The market size of the Metal Pipe & Tube Manufacturing industry in the United States is $20.3bn in 2026.
There are 195 businesses in the Metal Pipe & Tube Manufacturing industry in the United States, which has grown at a CAGR of 1.8 % between 2021 and 2026.
The Metal Pipe & Tube Manufacturing industry in the United States is likely to be impacted by import tariffs with imports accounting for a moderate share of industry revenue.
The Metal Pipe & Tube Manufacturing industry in the United States is likely to be impacted by export tariffs with exports accounting for a moderate share of industry revenue.
The market size of the Metal Pipe & Tube Manufacturing industry in the United States has been growing at a CAGR of 2.8 % between 2021 and 2026.
Over the next five years, the Metal Pipe & Tube Manufacturing industry in the United States is expected to grow.
The biggest companies operating in the Metal Pipe & Tube Manufacturing industry in the United States are Tenaris Sa, Vallourec Sa and United States Steel Corp
Manufacturing drill pipes and pipe casings and Manufacturing steel pipe products are part of the Metal Pipe & Tube Manufacturing industry in the United States.
The company holding the most market share in the Metal Pipe & Tube Manufacturing industry in the United States is Tenaris Sa.
The level of competition is high and steady in the Metal Pipe & Tube Manufacturing industry in the United States.