Global Copper Pipes and Tubes Market, By Application (HVAC, Industrial Heat Exchange, Plumbing, Othe

Published Date: | Report Code : MT1958281

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Copper is a metal that has high thermal and electric conductivity, malleability and ductility. Copper is widely used in the production of an electric vehicle and in its charging stations as well. The copper pipes and tubes market is segmented based on the applications.

By the applications, the sub-segmentation is HVAC, industrial heat exchange, plumbing, and others.

The copper pipes and tubes are being used greatly in the HVAC industry. Previously, the HVAC industry made use of aluminum as it was a cost-effective alternative, but it had great maintenance costs and it also could not be repaired once damaged and had to be replaced instead. Thus the focus was shifted towards copper in its stead. The thermal conductivity of copper is much greater than aluminum which is why it has a steady growth in the HVAC industry.

The demand for this market is expected to steadily increase in plumbing applications as well, for its cost-effectiveness, recyclability, and durability.

Key Factors Impacting Market Growth:

  • The growth in manufacturing of electric vehicles will drive the market
  • The growth of the HVAC industry will further impact the market positively

Regional Analysis

The regional outlook section for the copper pipes and tubes market provides the region-wise market projections along with related market dynamics. In addition, this section provides further information about segments in the market on a regional basis and country-wise outlook. Major regions considered in this report include North America, Western Europe, Asia Pacific, Middle East, Eastern Europe, and the Rest of the World. North America and Western Europe have been traditional markets with a sizeable demand for advanced materials from end-use industries. North America and Western Europe with an established industrial sector having substantial contribution towards respective economies are estimated to dominate overall demand by region. Some of the major industries in this region include automotive, heavy engineering, building & construction, aerospace & defense, mining, and so on. These industries are expected to register steady growth in North America and Western Europe region during the forecast period. Asia Pacific region is estimated to register the highest CAGRwith strong industrial and infrastructural growth. Some of the major economies, in the region, include China, India, South Korea, Japan, Australia, and so on. In addition, favorable conditions for production activities in addition to the growing market demand has attracted global companies to make strategic investments in this region. The Middle East and Eastern Europe with countries including UAE, Russia, Saudi Arabia, Turkey, and Qatar are expected to be potential markets with the growth of the industrial sector in the region. The rest of the World consisting of South America and Africa are estimated to be emerging regions for the copper pipes and tubes market during the forecast period.

Companies Covered: FURUKAWA, KME Germany, KOBE STEEL, Luvata, MetTube, and Mueller Industries

Market Segmentation:

By Application:

  • HVAC
  • Industrial Heat Exchange
  • Plumbing
  • Others

 By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Application
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Application
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Application
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Application
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Application
  • Rest of the World
    • By Region (South America, Africa)
    • By Application

 
Reasons to Buy This Report:

  • Market size estimation of the global copper pipes and tubes market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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