4 MIN. READ
In 2019 the U.S. manufacturing market experienced a noticeable contraction overall, leading to sizeable losses for several industries.
However, the U.S. fabricated pipe and valve fittings industry continued to surge, marking it as a premier target for salespeople and marketers in the manufacturing market.
Two significant factors played a role in the success of U.S. pipe and valve fittings manufacturers:
• Developing countries continued to expand their infrastructures, resulting in a demand for high-quality pipe and valve fittings.
• U.S. oil output grew to an all-time high of 12 million barrels per day, leading to a drastic increase in the number of pipe and valve fittings the oil and gas industries required.
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These factors allowed U.S. pipe and valve manufacturers to combat a downturn in U.S. manufacturing during 2019. As a result, the industry sits poised for growth. It's currently valued at more than $30 billion, and is predicted to value at more than $110 billion by 2024. Data from MNI shows there are more than 1,000 companies in the industry in the U.S., which currently employ more than 20,000 workers.
In recent years, eight companies have made their mark on the U.S. pipe and valve fitting manufacturing industry.
COMPANY | EMPLOYEES ON SITE | CITY | STATE |
---|---|---|---|
Swagelok Co. | 4,000 | Solon | OH |
Adient | 1,500 | Lexington | TN |
J.V. Industrial Cos. Ltd. | 1,200 | Freeport | TX |
Egan Company | 1,100 | Brooklyn Park | MN |
United States Pipe & Foundry Company, LLC | 970 | Birmingham | AL |
Victaulic Co. | 900 | Easton | PA |
Ward Mfg., LLC | 800 | Blossburg | PA |
Piping Technology & Products, Inc. | 750 | Houston | TX |
1: Swagelok Co.
Swagelok specializes in developing and maintaining cutting-edge fluid transmission systems. The company's relentless dedication to technological innovation makes it an industry standout.
2: Adient
Like many manufacturers Adient embraced the onset of automation in recent years to advance its products and services.
Adient manufactures seat systems, using pipe and valve fittings to ensure it delivers state-of-the-art components to their clients with every order.
3: J.V. Industrial Cos. Ltd.
J.V. Industrial Cos., or JVIS, works with catalyst systems to ensure a variety of chemical and petrochemical plants function properly.
JVIS specializes in advanced processes from welding to tower services and bolt machining. JVIS provides each client with solutions unique to their needs, setting them apart from competitors.
4: Egan Company
From bridge and commercial building rehabilitation to architectural structuring, there's not much Egan won't do. With a range of high-profile clients under its belt and experts across a variety of industries, Egan has seen unprecedented success in recent years.
5: United States Pipe & Foundry Company, LLC
For more than 120 years, U.S. Pipe & Foundry has provided clients with reliable pipe systems used primarily for water transportation. The company's products such as a new metallic zinc-coated pipe are always at the forefront of the industry.
Additionally, the resilience of U.S. Pipe & Foundry products to natural disasters has made the enterprise a lynchpin of residential piping.
6: Victaulic Co.
Victaulic specializes in HVAC implements, specifically, gaskets and grooved technology. The company believes it makes some of the best fire-resistant residential sprinklers in the world, and that's only one of its many products.
7: Ward Mfg., LLC
Ward produces expertly made cast-iron fittings for everything from sprinklers to drainage systems to connectors. The company has been a standout in the fittings industry for quite some time, and its dedication to high-quality products has afforded the company success over the years.
8: Piping Technology & Products, Inc.
Piping Technology & Products (PT&P) started as a stress-testing firm decades ago. Today, the company also makes several piping elements such as fittings and supports that consistently surpass client expectations.
Dedicated to innovation and new technology, it isn't hard to see why the company has experienced so much success.
Further Reading: Top Steel Pipe & Tube Manfuacturers in the U.S.
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Article Sources:
https://www.washingtonpost.com/business/2020/01/17/us-manufacturing-was-mild-recession-during-2019-sore-spot-economy/
https://www.marketwatch.com/press-release/pipe-fittings-market-global-industry-research-size-share-growth-trends-and-forecast-20192024-2019-04-17
https://thehill.com/policy/energy-environment/451016-us-oil-output-grows-to-historic-rate-of-12-million-barrels-per-day#:~:text=
http://www.firstresearch.com/Industry-Research/Metal-Valve-and-Pipe-Fitting-Manufacturing.html
https://www.ibisworld.com/united-states/market-research-reports/valve-manufacturing-industry/