The Global Market for Copper Pipes and Tubes is Projected to Reach 5.7 Million Tons by 2022

Demand for Durable Piping and Tubing Solutions in HVAC&R Applications Drives Growth in the Copper Pipes and Tubes Market, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry trends, growth drivers, market share, size and demand forecasts on the global Copper Pipes and Tubes market. The global market for Copper Pipes and Tubes is projected to reach 5.7 million tons by 2022, driven by rising demand for strong, durable and corrosion-resistant piping and tubing solutions in HVAC&R applications, and robust demand for copper tubes in heat exchanger systems.

Copper pipes and tubes are used in a range of piping and tubing applications in residential, commercial and industrial environments. Even though several types of materials such as cast iron, galvanized iron, aluminum, poly vinyl chloride (PVC), chlorinated poly vinyl chloride (CPVC) and cross-linked polyethylene (PEX) are available, copper has its own image and appeal in numerous piping and tubing end-use markets. Copper’s acclaimed functional features such as corrosion resistance, high thermal conductivity, convenience in joining and installing, durability, and versatility, all bestow pipes and tubes made with copper an added edge over other competing products. Copper pipes and tubes offer range of benefits such as high-level workability, extended bending flexibility, sanitary and antibacterial properties, superior wear and fatigue endurance, which advocate their use in a plethora of applications.

Because of their unique attributes, copper pipes and tubes find use in a range of applications including heating, ventilation, air conditioning, and refrigeration (HVACR) system, plumbing infrastructure and industrial applications. Copper pipes and tubes are offered in different forms, patterns and configurations. Some of the variants include straight tube, capillary tube, pancake tube, flat tube, oval tube, inner grooved tube, finned tube, smooth bore tube, precision tubes, and ETP tube. Along with pure copper tubes, made with 99% copper, tubes made of a combination of copper and other metals such as nickel (cupro-nickel) and tin (brass) are also widely available in the market. Demand for HVACR and plumbing solutions led by the resurgence in the building construction and renovation markets provides strong growth opportunities in the market. Similarly, growing demand for heat exchanger equipment in industrial environments and stable increase in automotive manufacturing are also augmenting demand. Other growth opportunities come from wider adoption in some relatively new applications such as sprinkler infrastructure, medical gas systems, and solar energy equipment, where copper made pipes and tubes are increasingly being preferred for their functional features.

As stated by the new market research report on Copper Pipes and Tubes, Asia-Pacific represents the largest market, worldwide. Trailing at a CAGR of 4.6% over the analysis period, Asia-Pacific also ranks as the fastest growing market. Rising investments in new constructions and renovation of residential and non-residential buildings, favorable socio-economic factors, and increased level of commercial, industrial and institutional activity are driving demand in the region.

Major players covered in the report include Cambridge-Lee Industries LLC, Cerro Flow Products LLC, Fabrika bakarnih cevi Majdanpek, Foshan Huahong Copper Tube Co. Ltd., Foshan Shunde Lecong Hengxin Copper Tube Factory, Furukawa Electric Co. Ltd., Global Brass and Copper Holdings Inc., Golden Dragon Precise Copper Tube Group Inc., Grupo IUSA, S.A. de C.V., H & H Tube, Hailiang Group Co. Ltd., HALCOR Metal Works S.A., KME AG, Kobelco & Materials Copper Tube Ltd., Luvata Oy, Mehta Tubes Ltd., MM Kembla, Mueller Industries Inc., Ningbo Jintian Copper (Group) Co. Ltd., Poongsan Corporation, Qingdao Hongtai Copper Co. Ltd., SH Copper Products Co. Ltd., Shanghai Metal Corporation, Small Tube Products, Wieland-Werke AG and Wolverine Tube Inc. among others.

The research report titled “Copper Pipes and Tubes: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, mergers, acquisitions and other strategic industry activities of global companies. The report provides market estimates and projections in volume terms for all major geographic markets such as the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India, South Korea and Rest of Asia-Pacific), Latin America (Brazil and Rest of Latin America), and Rest of World.


Global Industry Analysts, Inc. 6150 Hellyer Ave., San Jose CA 95138, USA, All Rights Reserved.

Comments

  1. UnknownAugust 17, 2018 at 12:12 AM

    The copper pipes, tubes are used in a range of piping and tubing applications in residential, commercial and industrial environments where they have high-level of work-ability, extended bending flexibility, sanitary and antibacterial properties.
    Nahtlos gezogene Aluminiumrohre | Nahtlos gezogene Messingrohre

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