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Copper Pipe and Tube Market Trends and Forecast

The future of the global copper pipe and tube market looks good with opportunities in the HVAC (Heat, Ventilation, and Air Conditioning), refrigeration, industrial, electrical, plumbing, and medical industries. The global copper pipe and tube market is expected to reach an estimated $27.9 billion by 2030, and it is forecast to grow at a CAGR of 2.2% from 2024 to 2030. The major drivers for this market are increasing demand for thermal efficient heat exchange equipment, rise in construction activities, and increasing automotive production.
Copper Pipe and Tube Market by End Use, Product Type, Diameter, and Pressure Rating

Emerging Trends in Copper Pipe and Tube Market

Emerging trend, which has a direct impact on the dynamics of the industry, includes adoption of advance material in copper pipes and tubes, growing demand for copper pipes in electric and hybrid vehicles, and increasing adoption of antimicrobial copper pipes.  
A total of 202 figures / charts and 171 tables are provided in this 295-page report to help in your business decisions. A sample figure with some insights is shown below. 
Copper Pipe and Tube Market by Segments

Copper Pipe and Tube Market by Segment

In this market, small diameter pipe is the largest market by diameter, whereas HVAC is largest market by end use type. 
The study includes trends and forecast for the global
copper pipe and tube market by end use, product type, diameter, pressure rating and region as follows:

Copper Pipe and Tube Market by End Use [Value ($ Million) and Volume (Kilo Tons) from 2018 to 2030]:

Copper Pipe and Tube Market by Product Type [Value ($ Million) and Volume (Kilo Tons) from 2018 to 2030]:

  • Straight Length Pipes
  • Pancake Pipes
  • LWC (Level Wound Coil) Plain Pipes
  • LWC Grooved Pipes

Copper Pipe and Tube Market by Diameter [Value ($ Million) and Volume (Kilo Tons) from 2018 to 2030]:

Copper Pipe and Tube Market by Pressure Rating [Value ($ Million) and Volume (Kilo Tons) from 2018 to 2030]:

  • High Pressure Pipes
  • Low Pressure Pipes

Copper Pipe and Tube Market by Region [Value ($ Million) and Volume (Kilo Tons) from 2018 to 2030]:

  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Russia
    • Germany
    • United Kingdom
  • Asia Pacific
    • China
    • Japan
    • India
  • The Rest of the World
    • Middle East

List of Copper Pipe and Tube Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, copper pipe and tube companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the copper pipe and tube companies profiled in this report include-

Copper Pipe and Tube Market Insights

  • Lucintel forecasts that straight length pipes will remain the largest product type segment and it is also expected to witness the highest growth over the forecast period due to increasing demand for refrigeration and HVAC in residential and industrial sector.
  • Within the copper pipe and tube market, small diameter pipes will remain the largest diameter segment, and it is also expected to witness the highest growth over the forecast period due to increasing demand for high pressure pipes in industrial, refrigeration, and medical gas system.
  • Asia Pacific will remain the largest region over the forecast period, and it is also expected to witness the highest growth over the forecast period due to increasing demand for copper pipes and tubes in HVAC, refrigeration, and automotive end uses.

Features of Copper Pipe and Tube Market

  • Market Size Estimates: Copper pipe and tube market size estimation in terms of value ($M) and volume (Kilo Tons) shipment.
  • Trend and Forecast Analysis: Market trends (2018-2023) and forecast (2024-2030) by various segments and regions.
  • Segmentation Analysis: Copper pipe and tube market size by various segments, such as end use, product type, diameter, pressure rating, and regions in terms of value and volume.
  • Regional Analysis: Copper pipe and tube market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different end use, product type, diameter, pressure rating, and regions for copper pipe and tube market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the copper pipe and tube market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the copper pipe and tube market size?
Answer: The global copper pipe and tube market is expected to reach an estimated $27.9 billion by 2030.
Q2. What is the growth forecast for copper pipe and tube market?
Answer: The copper pipe and tube market is expected to grow at a CAGR of 2.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the copper pipe and tube market?
Answer: The major drivers for this market are increasing demand for thermal efficient heat exchange equipment, rise in construction activities, and increasing automotive production.
Q4. What are the major end uses or applications for the copper pipe and tube market?
Answer: HVAC, refrigeration, industrial, electrical, plumbing, and medical are the major end uses of copper pipes and tubes. 
Q5. What are the emerging trends in copper pipe and tube market?
Answer: Emerging trends, which have direct impact on the dynamics of the industry, include adoption of advanced materials in copper pipes and tubes, growing demand for copper pipes in electric and hybrid vehicles, and increasing adoption of antimicrobial copper pipes.
Q6. Who are the key copper pipe and tube companies?
Answer: Some of the key copper pipe and tube companies are as follows:
  • Mueller
  • Wieland
  • Hailiang
  • Kobelco and Materials Copper Tube
  • Furukawa Electric
  • Mettube
  • Shanghai Metal
  • Grupo IUSA
Q7.Which will be the largest copper pipe and tube market product type segment in the future?
Answer: Lucintel forecasts straight length copper pipes will remain the largest product type segment over the forecast period, as straight length pipes are mostly used in medical, plumbing, and refrigeration.
Q8: In copper pipe and tube market, which region is expected to be the largest in the next five years?
Answer: Asia Pacific is expected to be the largest region over the next five years.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost. 

This report answers following 11 key questions

Q.1 What are some of the most promising potential, high-growth opportunities for the global copper pipe and tube market by end use (HVAC, refrigeration, industrial, electrical, plumbing, medical, and others), product type (straight length pipes, pancake pipes, LWC plain pipes, and LWC grooved pipes), diameter (small diameter pipes and large diameter pipes), pressure rating (high pressure pipes and low pressure pipes), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the copper pipe and tube market?
Q.5 What are the business risks and threats to the copper pipe and tube market?
Q.6 What are emerging trends in this copper pipe and tube market and the reasons behind them?
Q.7 What are some changing demands of customers in the copper pipe and tube market?
Q.8 What are the new developments in the copper pipe and tube market? Which companies are leading these developments?
Q.9 Who are the major players in the copper pipe and tube market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the copper pipe and tube market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the copper pipe and tube market?

For any questions related to copper pipe and tube market or related to copper pipe and tube market share, copper pipe and tube market analysis, copper pipe and tube market size, and copper pipe and tube manufacturers, write to Lucintel analysts at
helpdesk@lucintel.com. We will be glad to get back to you soon.

Table of Contents
1. Executive Summary
 
2. Market Background and Classifications
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2018 to 2030
3.1: Macroeconomic Trends (2018-2023) and Forecast (2028-2030)
3.2: Global Copper Pipe and Tube Market Trends (2018-2023) and Forecast (2028-2030)
3.3: Global Copper Ppe and Tube Market by End Use
3.3.1 : HVAC
3.3.2: Refrigeration
3.3.3: Industrial
3.3.4: Electrical
3.3.5: Plumbing
3.3.6 : Medical
3.3.7 : Others
3.4: Global Copper Pipe and Tube Market by Product Type
3.4.1: Straight Length Pipes
3.4.2: Pancake Pipes
3.4.3: LWC (Level Wound Coil) Plain Pipes
3.4.4: LWC Grooved Pipes
3.5: Global Copper Pipe and Tube Market by Diameter
3.5.1: Small Diameter Pipes
3.5.2: Large Diameter Pipes
3.6: Global Copper Pipe and Tube Market by Pressure Rating
3.6.1: High Pressure Pipes
3.6.2: Low Pressure Pipes

4. Market Trends and Forecast Analysis from 2018 to 2030 by Region
4.1: Global Copper Pipe and Tube Market by Region
4.2: North American Copper Pipe and Tube Market
4.2.1: Market by End Use: HVAC, Refrigeration, Industrial, Electrical, Plumbing, Medical, and Others
4.2.2: Market by Product Type: Straight Length Pipes, Pancake Pipes, LWC Plain Pipes, and LWC Grooved Pipes
4.2.3: Market by Diameter: Small Diameter Pipes and Large Diameter Pipes
4.2.4: Market by Pressure Rating: High Pressure Pipes and Low Pressure Pipes
4.2.5: The United States Copper Pipe and Tube Market
4.2.6: The Canadian Copper Pipe and Tube Market
4.2.7: The Mexican Copper Pipe and Tube Market
4.3: European Copper Pipe and Tube Market
4.3.1: Market by End Use: HVAC, Refrigeration, Industrial, Electrical, Plumbing, Medical, and Others
4.3.2: Market by Product Type: Straight Length Pipes, Pancake Pipes, LWC Plain Pipes, and LWC Grooved Pipes
4.3.3: Market by Diameter: Small Diameter Pipes and Large Diameter Pipes
4.3.4: Market by Pressure Rating: High Pressure Pipes and Low Pressure Pipes.
4.3.5: The Russian Copper Pipe and Tube Market
4.3.6: The German Copper Pipe and Tube Market
4.3.7: The Copper Pipe and Tube Market of the United Kingdom.
4.4: APAC Copper Pipe and Tube Market
4.4.1: Market by End Use: HVAC, Refrigeration, Industrial, Electrical, Plumbing, Medical, and Others.
4.4.2: Market by Product Type: Straight Length Pipes, Pancake Pipes, LWC Plain pipes,and LWC Grooved Pipes
4.4.3: Market by Diameter: Small Diameter Pipes and Large Diameter Pipes
4.4.4: Market by Pressure rating: High Pressure Pipes and Low Pressure Pipes
4.4.5: The Chinese Copper Pipe and Tube Market
4.4.6: Indian Copper Pipe and Tube Market.
4.4.7: Indian Copper Pipe and Tube Market
4.5: ROW Copper Pipe and Tube Market
4.5.1: Market by End Use: HVAC, Refrigeration, Industrial, Electrical, Plumbing, Medical, and Others
4.5.2: Market by Product Type: Straight Length Pipes, Pancake Pipes, LWC Plain Pipes, and LWC Grooved Pipes
4.5.3: Market by Diameter: Small Diameter Pipes and Large Diameter Pipes
4.5.4: Market by Pressure Rating: High Pressure Pipes and Low Pressure Pipes
4.5.5: The Middle Eastern Copper Pipe and Tube Market

5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Market Share Analysis
5.3: Operational Integration
5.4: Geographical Reach
5.5: Porter’s Five Forces Analysis

6. Cost Structure Analysis
6.1: Cost of Goods Sold
6.2: SG&A
6.3: EBITDA Margin

7. Growth Opportunities and Strategic Analysis
7.1: Growth Opportunity Analysis
7.1.1: Growth Opportunities for the Global Copper Pipe and Tube Market by End Use
7.1.2: Growth Opportunities for the Global Copper Pipe and Tube Market by Product Type
7.1.3: Growth Opportunities for the Global Copper Pipe and Tube Market by Diameter.
7.1.4: Growth Opportunities for the Global Copper Pipe and Tube Market by Pressure Rating
7.1.5: Growth Opportunities for the Global Copper Pipe and Tube Market by Region
7.2: Emerging Trends in the Global Copper Pipe and Tube Market
7.3: Strategic Analysis
7.3.1: New Product Development
7.3.2: Capacity Expansion of the Global Copper Pipe and Tube Market
7.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Copper Pipe and Tube Market

8. Company Profiles of Leading Players
8.1: Wieland Group
8.2: Mueller Industries
8.3: Hailiang Group
8.4: Kobelco and Materials Copper Tube (KMCT)
8.5: Furukawa Electric
8.6: Mettube
8.7: Shanghai Metal Corporation
.

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202 figures/charts and 171 tables are provided in this 295 - page report
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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