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Steel Tube, Pipe & Related Fitting Manufacturing in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Steel Tube, Pipe & Related Fitting Manufacturing Market Research Report | SIC C24.200 | Oct 2016

Hollow growth: Revenue is projected to marginally increase over the next five years

IBISWorld’s Steel Tube, Pipe & Related Fitting Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Tata Steel UK Limited Tata Steel UK Limited market share
Vallourec Mannesmann Oil & Gas UK Ltd Vallourec Mannesmann Oil & Gas UK Ltd market share
Industry Statistics & Market Size
Revenue
£2bn
Annual Growth 12-17
-1.6%
Annual Growth 17-22
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Profit
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Employment
9,796
Businesses
305
Industry Analysis & Industry Trends

The Steel Tube, Pipe and Related Fitting Manufacturing industry has suffered from heavy volatility over the past five years. Industry revenue tumbled in 2012-13 as demand from the construction sector evaporated. Demand for steel piping used in oil and gas production has also fallen consistently in recent years. British oil and gas stocks are on the decline, leaving only difficult-to-access reserves untapped. Even if exploration is successful, falling oil prices have offered little incentive for production. These factors are anticipated to have significantly reduced demand for industry products over the past five years. However, falling steel prices, owing to the slowdown in the global economy, have benefited industry operators to some extent... purchase to read more

Industry Report - Industry Products Chapter

Structural steel tubes and construction-grade piping

Structural steel tubing is inherently strong and offers a better strength-to-weight ratio than comparable concrete or timber products. Steel tubes have been used in iconic structures like the London Eye for their aesthetic appeal, but their uses are many. Steel tubing is used in the construction industry to encase and protect underground wires. Steel piping and fixtures are also used for a range of plumbing applications. The construction sector performed well over the past five years. However, increased economic uncertainty in part due to the EU referendum result is expected to lead to a contraction in construction activity over the current year. Ove.. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Steel Tube, Pipe & Related Fitting Manufacturing Industry?

Firms in this industry manufacture pipes and tubes from steel.

Industry Products
Oil country tubular goodsStructural steel tubes and construction-grade pipingMechanical pipes and structural tubing
 
Industry Activities
Producing steel pipe and tube fittingsProducing steel pipes and tubesProducing sleeves made of steelProducing casings made of steel


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