A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Copper
Pipes and Tubes
Market. The
study, titled “Copper
Pipes and Tubes Market - Global Industry Analysis, Size, Share,
Growth, Trends, and Forecast 2017 - 2025”,
is available for sale on the firm’s website.
Copper
pipes and tubes are generally utilized to supply hot water and cold
water. They are also employed as refrigerant line in high voltage AC
systems. Furthermore, copper pipes and tubes are customized to cater
individual requirements for many applications such as ultra-low
bandwidth devices.
In
terms of finish type, the copper pipes and tubes market can be
segmented into straight length, pancake, LWC plain, and LWC grooved.
Additionally, in terms of application, the market can be segmented
into plumbing, industrial heat exchanger, high voltage AC,
electrical, and others. Moreover, in terms of geography, the market
can be segmented into Asia Pacific (APAC), Europe, North America,
Middle East & Africa (MEA), and South America.
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Report Preview:
Rapid
Industrialization coupled with growing population lave led to the
increase in sales of home, houses and construction expenditures.
Rising demand for ventilation, heating and air conditioning high
voltage AC segments is actually driving the expansion of the market
globally. Properties and characteristics of copper pipes and tubes
are also major factors that are fuelling the expansion of the market.
These characteristics include non-pyrogenic, corrosion-resistant, and
highly malleable. They can also be bent, joined, and deformed without
separate joints. Copper pipes and tubes are recyclable and cheap.
Therefore, they are highly preferred in high voltage AC systems
installations in residential and commercial buildings. Increased
usage of copper pipes and tubes in air conditioning and refrigeration
systems, as they are cost effective in comparison to conventional
coils, along with lowered prices of copper is playing a vital role in
driving the expansion of the copper pipes and tubes market. This
trend is persuading manufacturers to explore new business
opportunities in the copper pipes and tubes market. This, in turn, is
driving the expansion of the market globally. Increasing awareness
and popularity of copper pipes and tubes in the building&
construction industry is a factor that is fuelling the expansion of
the market. Moreover, reduced or low maintenance cost of copper pipes
and tubes is a key factor boosting the expansion of the copper pipes
and tubes market. The oil and gas industry is a rapidly expanding
end-user industry segment where copper pipes and tubes have found
numerous applications. . Increase in demand of low power wide area
network in emerging markets of Asia-Pacific (APAC) along with various
technological needs are acting as opportunities of this Copper pipes
and tubes market. Latest Copper pipes and tubes in place of
conventional and typical single metal bearings is further driving the
expansion of the copper pipes and tubes market. These factors are
playing a vital role and are simultaneously affecting and
contributing to the expansion of the copper pipes and tubes market
significantly. The copper pipes and tubes market is expanding
significantly, as the telecommunication and defense sector and
large-scale industries are expanding considerably across the globe.
This, in turn, is increasing the demand for copper pipes and tubes in
the market. Manufacturers are consistently focusing on product
development in the emerging markets, as there are opportunities to
grow and increase their market share globally.
Geographically,
Asia Pacific (APAC) is a prominent market for copper pipes and tubes
followed by Europe. The market in Europe expanding rapidly. Europe is
the second leading market in terms of market share Russia and Germany
are the leading contributors in Europe. China and Japan are among the
leading contributors in Asia Pacific.
The
global copper pipes and tubes market is fragmented with many
established players. The major players in the market are primarily
from Malaysia, Japan, Thailand, China, and Europe. Key players of the
market include KME, KMCT, Luvata, Met Tube, Mueller, Cerroflow
Products, Furukawa Metal, Golden Dragon, Mehta Tubes, Qinddao Hongtai
Metal, and Shanghai Hailiang Copper Tubes.
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to view Sample Report:
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
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