Metal Tank Manufacturing Industry Market Research Report

Metal Tank Manufacturing - Market Size and Industry Forecast

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

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Market Size (Total Revenue)


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

Metal Tank Manufacturing 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

Market Share by State

Distribution by Company Size

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


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 Average Percent of Sales
Total Revenue


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



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


Profit Margin
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 Description Description Revenue
($ Millions)

Metal tank, heavy gauge, manufacturing


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


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

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

Company Address Revenue
($ Millions)


Metal Tank Manufacturing Industry Report
Geography United States  
Publication Date January 2020
Report Format PDF Download  
Price $499

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