Overview

A steel trap: Rising import competition and falling demand are causing revenue to decline

IBISWorld’s Steel Pipe and Tube Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

REPORT SNAPSHOT

Industry Threats & Opportunities

  • Intense import penetration has strongly affected domestic steel pipe and tube manufacturers
  • Profit is volatile and influenced by import competition, downstream demand and input costs
  • Exports are projected to decline as a share of revenue over the next five years

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    Industry Analysis & Industry Trends

    The Steel Pipe and Tube Manufacturing industry has largely declined over the past five years, faced with weak activity in several key manufacturing industries and rising import penetration. Local household appliance and automotive component manufacturers use a range of steel pipes and tubes as input materials. However, these markets have struggled due to strong import competition and many operators have shifted production offshore. In addition, actual capital expenditure on mining has fallen significantly over the past five years, as mining companies have moved into the production phase, which has further reduced downstream demand. Construction companies, the industry's second-largest market, have been more resilient over the past five years...

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    Industry Report - Starting a New Business Chapter

    The Steel Pipe and Tube Manufacturing industry exhibits high barriers to entry. Despite there being many small-scale and non-employing operations that do not require much initial capital investment, the larger players that dominate the industry have very high capital expenditure. Initial capital costs can, therefore, be prohibitive for new participants seeking to control a large share of the industry. It can also be difficult for these operators to compete with the industry's well-established major players, as they typically have supply chain agreements with both suppliers and customers. In ..

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    Additional Insights for the Steel Pipe and Tube Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Steel Pipe and Tube Manufacturing Industry are

  • Ability to quickly adopt new technology
  • Having links with suppliers
  • Economies of scale
  • IBISWorld analysts also discuss how external factors such as Demand from construction and Demand from household appliance manufacturing in the Steel Pipe and Tube Manufacturing industry impact industry performance..

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    Industry Products

    What is the Steel Pipe and Tube Manufacturing Industry?

    Industry firms primarily manufacture seamless or welded steel pipes and tubes, or ferrous metal pipe and tube fittings. Firms that mainly use cast or forged iron and steel are excluded from the industry.

    Industry Products
    Small-diameter welded pipes and tubes
    Large-diameter welded pipes and tubes
    Seamless pipes and tubes
    Stainless steel pipes and tubes
    Pipe fittings and other products
    Industry Activities
    Cold drawn steel pipe and tube
    Galvanised welded and seamless steel pipe and tube
    Ferrous metal fitting, valve and part (except cast or forged iron and steel)
    Hot rolling pipe and tube

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Demand from construction
  • Demand from household appliance manufacturing
  • Domestic price of iron and steel
  • Demand from mining
  • Demand from motor vehicle parts and accessories manufacturing
  • Trade-weighted index

  • Current Performance
  • Chart: Revenue Growth

  • Industry Outlook
  • Table: Steel Pipe and Tube Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Steel Pipe and Tube Manufacturing Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Motor Vehicle Manufacturing
  • Gas Supply
  • Water Supply
  • Construction
  • Pipeline Transport

  • Key Selling Industries
  • Iron Smelting and Steel Manufacturing
  • Machine Tool and Parts Manufacturing

  • Products & Services
  • Small-diameter welded pipes and tubes
  • Large-diameter welded pipes and tubes
  • Seamless pipes and tubes
  • Pipe fittings and other products
  • Stainless steel pipes and tubes
  • Chart: Steel Pipe and Tube Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Manufacturers
  • Construction companies
  • Export markets
  • Mining companies
  • Chart: Major Market Segmentation for the Steel Pipe and Tube Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Steel Pipe and Tube Manufacturing

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Steel Pipe and Tube Manufacturing Industry

  • Industry Globalization
    Major Companies
    Arrium LimitedBlueScope Steel Limited
  • Table: Arrium Limited - financial performance
  • Table: BlueScope Steel Limited - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Steel Pipe and Tube Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Steel Pipe and Tube Manufacturing Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Billet
  • A length of steel that has a round or square cross-section.
  • Coalescence
  • The merging of two segments into one.
  • Eccentricity
  • Symmetrical inconsistencies, such as differing wall thickness, that can occur during the production of seamless pipes and tubes.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Steel Pipe and Tube Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Steel Pipe and Tube Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Steel Pipe and Tube Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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