Concrete Pipe Manufacturing in the US - Industry Market Research Report

Concrete Pipe Manufacturing in the US - Industry Market Research Report

Concrete Pipe Manufacturing in the US

The Concrete Pipe Manufacturing industry has experienced harsh, inconsistent operating conditions in recent years, causing revenue to fluctuate significantly, though ultimately decline over the five years to 2023. Manufacturers make concrete pipes, which are used in a wide variety of construction projects, both residential and nonresidential. Most notably, industry pipes are frequently used for sewage and storm drains; thus, industry revenue is highly dependent on utilities construction and public infrastructure investment. Over the past five years, the value of utilities construction has swung inconsistently, while the value of other nonresidential construction dropped overall; both were exacerbated by COVID-19, causing industry revenue to fall in 2020. Overall, industry revenue is expected to fall at an annualized rate of 4.2% to $1.9 billion over the five years to 2023, including an anticipated 0.8% decline in 2023.

Firms in this industry manufacture concrete piping, which includes: storm sewer pipes, sanitary sewer pipes, reinforced pressure pipes, pre-stressed cylinder pressure pipes and culvert pipe production (reinforced and not reinforced).

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.