Number of Fabricated Pipe and Pipe Fitting Manufacturing Businesses in the US (2000–2023)
As of 2023
5,286
fabricated pipe and pipe fitting manufacturing businesses in the United States
Number of Firms Over Time
Total Employment Over Time
Key Insights
- •The fabricated pipe and pipe fitting manufacturing industry has declined 8.7% since 2000 (from 5,791 to 5,286 firms).
- •The peak year was 2002 with 5,904 firms.
- •Recent trend (last 5 years): the industry is growing (+0.2%).
- •Employment: 260,634 workers in 2023 (-16.3% change since 2000).
- •Estimated 5-year survival rate: 72%.
Year-by-Year Data
| Year | Firms | Establishments | Employment | Entry Rate | Exit Rate | Net Growth |
|---|---|---|---|---|---|---|
| 2023 | 5,286 | 5,896 | 260,634 | 7.5% | 6.4% | +2.2% |
| 2022 | 5,202 | 5,773 | 252,652 | 7.8% | 7.0% | +3.8% |
| 2021 | 5,238 | 5,804 | 244,612 | 7.8% | 7.1% | -4.8% |
| 2020 | 5,242 | 5,795 | 253,583 | 6.6% | 7.1% | -2.5% |
| 2019 | 5,277 | 5,806 | 259,645 | 7.0% | 6.8% | +2.2% |
| 2018 | 5,238 | 5,797 | 254,956 | 7.5% | 6.8% | +1.7% |
| 2017 | 5,438 | 5,945 | 249,074 | 6.3% | 7.5% | -1.3% |
| 2016 | 5,610 | 6,145 | 261,459 | 5.7% | 6.5% | -3.2% |
| 2015 | 5,651 | 6,195 | 269,105 | 6.5% | 5.9% | +1.5% |
| 2014 | 5,645 | 6,185 | 264,880 | 7.2% | 5.7% | +1.6% |
Source: U.S. Census Bureau, Business Dynamics Statistics (BDS). Entry/exit rates refer to establishment openings and closings.