Metal Tank (Heavy Gauge) Manufacturing - Market Size, Financial Statistics, Industry Trends

Metal Tank (Heavy Gauge) Manufacturing Market Size

This report includes historical and forecasted market sizes and industry trends for Metal Tank (Heavy Gauge) Manufacturing. It reveals overall market dynamics from 2020 through the present, and predicts industry growth or shrinkage through 2030. Revenue data include both public and private companies in the Metal Tank (Heavy Gauge) Manufacturing industry.

Historical Forecasted
2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
Market Size (Total Revenue)

Included in Report

% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data

Industry Revenue ($ Billions)

Metal Tank (Heavy Gauge) Manufacturing Industry Market Size
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023
  • 2024

Industry Forecast ($ Billions)

Metal Tank (Heavy Gauge) Manufacturing Industry Forecast
  • 2024
  • 2025
  • 2026
  • 2027
  • 2028
  • 2029
  • 2030


Pell Research's advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size statistics include revenue generated from all products and services sold within the Metal Tank (Heavy Gauge) Manufacturing industry.

Geographic Breakdown by U.S. State

Metal Tank (Heavy Gauge) Manufacturing market share by state pinpoints local opportunities based on regional revenue statistics. Growth rate for each state is affected by regional economic conditions. Data by state can be used to locate profitable and nonprofitable locations for Metal Tank (Heavy Gauge) Manufacturing companies in the United States.

Industry Revenue by State [Sample]

Market Size by State

Distribution by Company Size

Company Size All Industries Metal Tank (Heavy Gauge) Manufacturing
Small Business (< 5 Employees)

Included

Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Industry Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" Metal Tank (Heavy Gauge) Manufacturing company (both public and private companies are included).

Industry Average Percent of Sales
Total Revenue

Included

Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios

Included

Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Products and Services Mix

Product lines and services in the Metal Tank (Heavy Gauge) Manufacturing industry accounting for the largest revenue sources.

Product Description Description Revenue
($ Millions)

Metal tank, heavy gauge, manufacturing

Included

Gas cylinders

Seamless and welded, ferrous and nonferrous gas cylinders

Metal tanks, complete at factory (standard line pressure)

Pressure tanks, incl. lpg/air receivers, ferrous/nonferr. metal

Liq. petro. gas tanks (all types), ferrous/nonferrous, complete

Air receivers (tanks), ferrous/nonferrous metal, complete

Other pressure tanks, ferrous/nonferrous metal, complete

Metal tanks, complete at factory (standard line pressure), nsk

Metal tanks, complete at factory (standard line nonpressure)


Compensation and Salary Surveys

Salary information for employees working in the Metal Tank (Heavy Gauge) Manufacturing industry.

TitlePercent of Workforce Bottom Quartile Average (Median) Salary Upper Quartile
Management Occupations 5%

Included

Chief Executives 0%
General and Operations Managers 2%
Office and Administrative Support Occupations 10%
Production Occupations 61%
Assemblers and Fabricators 10%
Miscellaneous Assemblers and Fabricators 7%
Assemblers and Fabricators, All Other, Including Team Assemblers 7%
Metal Workers and Plastic Workers 37%
Machine Tool Cutting Setters, Operators, and Tenders, Metal and Plastic 8%
Machinists 9%
Machinists 9%
Welding, Soldering, and Brazing Workers 8%
Welders, Cutters, Solderers, and Brazers 7%
Other Production Occupations 10%
Transportation and Material Moving Occupations 5%

Government Contracts

The federal government spent an annual total of $28,588,417 on the Metal Tank (Heavy Gauge) Manufacturing industry. It has awarded 324 contracts to 162 companies, with an average value of $176,472 per company.

Top Companies in Metal Tank (Heavy Gauge) Manufacturing and Adjacent Industries

Company Address Revenue
($ Millions)

Included