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2025 U.S. Industry Statistics & Market Forecast - Fabricated Pipe and Pipe Fitting Manufacturing


Market Size & Industry Statistics

The total U.S. industry market size for Fabricated Pipe and Pipe Fitting Manufacturing: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

Fabricated Pipe and Pipe Fitting Manufacturing market size 2025
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics        2020        2021        2022        2023        2024
Market Size
(Total Sales/Revenue)


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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Average Revenue Per Employee
Statistics Source: U.S. Census, AnythingResearch Analysis of Federal Data



Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.



Fabricated Pipe and Pipe Fitting Manufacturing market forecast 2024-2028


Forecast / Industry Outlook 2025 2026 2027 2028 2029
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Industry Insights

Major trends affect the Fabricated Pipe and Pipe Fitting Manufacturing industry include:
  1. Increasing demand from oil and gas industries
  2. Shift towards sustainable and eco-friendly materials
  3. Advancements in manufacturing technologies like 3D printing
  4. Stringent environmental regulations
  5. Growth in water infrastructure and management projects
  6. Rise in international trade and globalization
  7. Impact of tariffs and trade wars
  8. Fluctuations in raw material prices
  9. Integration of IoT for predictive maintenance and monitoring
  10. Increasing popularity of composite and plastic pipes over traditional metal pipes
  11. Influence of economic cycles on construction and infrastructure spending


U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map by state

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry Average Percent of Sales
(Industry Benchmark)
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Repairs
Rent paid on business property
Charitable Contributions
Depletion
Domestic production activities deduction
Advertising
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Depreciation
Amortization
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
Net Income
 
Source: AnythingResearch Analysis of U.S. federal statistics




Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Fabricated Pipe and Pipe Fitting Manufacturing company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Fabricated Pipe and Pipe Fitting Manufacturing industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Fabricated Pipe and Pipe Fitting Manufacturing measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.


Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.


Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.



Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 6%

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Chief Executives0%
General and Operations Managers3%
Office and Administrative Support Occupations 9%
Production Occupations 59%
Assemblers and Fabricators 11%
Miscellaneous Assemblers and Fabricators 8%
Metal Workers and Plastic Workers 29%
Machine Tool Cutting Setters, Operators, and Tenders, Metal and Plastic 7%
Machinists 8%
Machinists 8%
Welding, Soldering, and Brazing Workers 8%
Welders, Cutters, Solderers, and Brazers 8%
Other Production Occupations 14%
Computer Numerically Controlled Tool Operators and Programmers 5%
Transportation and Material Moving Occupations 6%
Source: Bureau of Labor Statistics


Fabricated Pipe and Pipe Fitting Manufacturing Competitor Landscape & Key Companies [PREMIUM]

The most influential companies in the Fabricated Pipe and Pipe Fitting Manufacturing industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Fabricated Pipe and Pipe Fitting Manufacturing industry and adjacent sectors:

Market Leaders:
Direct Competitors

Companies with the largest market share, focused in this industry
Market leaders:
Diversified Competitors

Largest companies that have diversified operations in this and other industries
Innovators:
Direct Competitors

Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry.
Innovators:
Diversified Competitors

Innovators and Disruptors in adjacent industries that may also affect the Fabricated Pipe and Pipe Fitting Manufacturing industry.
Source:
IncFact


Latest Industry News

  • Peekmaterials Unveils Breakthrough Use Of PEEK Plastic To Enhance Oil & Gas Pipeline Performance - Widely known for resistance to almost all chemicals like hydrocarbons, acids, and bases, PEEK will outlast a corrosive environment. The PEEK tubing will be used to transfer aggressors, and it has a risk of breakdown and leakage less than that from other materials. (07/03/2025)
  • Clay pipe manufacturer recently bought by PE firm secures almost £20m funding from Metro Bank - Hepworth Clay is said to be the only manufacturer in the UK of vitrified clay pipes (image credit: Hepworth Clay) A clay pipe manufacturer which has facilities in Yorkshire and the East Midlands and was recently acquired by private equity firm 4D Capital Partners has secured almost £20m of funding from Metro Bank. Hepworth Clay is said to be the only manufacturer in the UK of vitrified clay ... (07/02/2025)
  • A review of tricks to reduce rebuild time in CAD modeling - FIGURE 1. A model for a pipe fitting has been downloaded in native CAD format. The initial rebuild time is reported as 5.68 seconds. Most of that time is spent on one feature—Cut-sweep1, which is the helical thread. How do you improve on that time? (06/30/2025)
  • North America Copper Tubes Market Industry Analysis By Size, Share, Growth, Sourcing Strategy, Scope, Demand And Forecast To 2030 - The North America Copper Tubes market is witnessing steady demand, driven by expanding applications in HVAC, plumbing, refrigeration, and industrial (06/25/2025)
  • Cortrol adds second fiberglass pipe manufacturing plant in Oklahoma - Cortrol Process Systems Inc., a business unit of Harrington Process Solutions, opened its second fiberglass pipe fabrication facility in Tulsa, Okla., to double capacity for custom and standard pipes. (06/25/2025)
  • Cortrol Boosts Production Capacity with New Tulsa Fiberglass Pipe Fabrication Facility - Cortrol today announced the opening of its second, state-of-the-art fiberglass pipe fabrication facility in Tulsa, doubling the company's capacity. (06/25/2025)
  • Cortrol Boosts Production Capacity with New Tulsa Fiberglass Pipe Fabrication Facility - The Daily News - Cortrol, a leading provider of non-metallic corrosion-resistant products and business unit of Harrington Process Solutions, today announced the opening of its second fiberglass pipe fabrication facility in Tulsa. The new state-of-the-art facility doubles the company’s fabrication capacity for both custom and standard pipes. (06/25/2025)
  • How Square Steel Pipes Are Made: Complete Square Steel Pipe Production Process in Factory - Discover the entire manufacturing process of square steel pipes in this detailed video. From raw materials to the finished product, we take you inside the factory to show each step involved in making high-quality square steel pipes. (05/25/2025)
  • Oil and gas: Why we’re strengthening indigenous capacity with NOGOF 2025 — Ewanehi - In a renewed bid to strengthen its leadership position in technological innovation in the global oil and gas industry, Solewant Group has showcased innovative oil and gas products and solutions at the recent Offshore Technology Conference (OTC) held in Houston, (05/25/2025)
  • Flow establishes metal fabrication division - Flow Intl. Corp., Kent, Wash., a manufacturer of ultrahigh-pressure waterjet cutting systems, has launched Flow Fabrication, a new division that adds laser (05/21/2025)