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Metal Tank Manufacturing (NAICS 33242) Industry Market Research Report

Metal Tank Manufacturing - Market Size and Forecast

The Metal Tank Manufacturing report contains both historical and forecasted statistics. Total market size figures from 2015 to 2025 reveal industry growth patterns and trends. Market size measurements include both public and private companies in the industry.

20152016201720182019202020212022202320242025
Market Size (Total Revenue)

Included

% 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 Manufacturing Industry Revenue
  • 2015
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021


Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Metal Tank Manufacturing - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Metal Tank Manufacturing companies in the United States.

Metal Tank Manufacturing Revenue by State

US Market Size by State

Distribution by Company Size

Company SizeAll IndustriesMetal Tank Manufacturing
Small Business (< 5 Employees)

Included

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

Metal Tank Manufacturing - 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" company (both public and private companies included).

Industry AveragePercent 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


Metal Tank Manufacturing - 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

Metal Tank Manufacturing - Product Mix

Product DescriptionDescriptionRevenue
($ 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)


Metal Tank Manufacturing - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations5%

Included

Chief Executives0%
General and Operations Managers2%
Office and Administrative Support Occupations10%
Production Occupations61%
Assemblers and Fabricators10%
Miscellaneous Assemblers and Fabricators7%
Assemblers and Fabricators, All Other, Including Team Assemblers7%
Metal Workers and Plastic Workers37%
Machine Tool Cutting Setters, Operators, and Tenders, Metal and Plastic8%
Machinists9%
Machinists9%
Welding, Soldering, and Brazing Workers8%
Welders, Cutters, Solderers, and Brazers7%
Other Production Occupations10%
Transportation and Material Moving Occupations5%

Government Contracts

In 2008, the federal government spent a total of $28,588,417 on the metal tank manufacturing industry. It has awarded 324 contracts to 162 companies, with an average value of $176,472 per company.

Metal Tank Manufacturing and Adjacent Industries - Top Companies

CompanyAddressRevenue
($ Millions)

Included





Metal Tank Manufacturing Industry Report
GeographyUnited States  
Publication DateAugust 2020
Report FormatPDF Download  
Price$495.99

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