The global copper pipes and tubes market reached a volume of 4.53 million tons in 2021. Looking ahead, the editor expects the market to reach 5.45 million tons by 2027 , posting a CAGR of 3.16% in 2022-2027.
Keeping in mind the uncertainties of COVID-19, they continuously monitor and assess the direct and indirect influence of the pandemic on the various end-use industries. This information is included in the report as a major market contributor
Copper pipes and tubes are widely used in the construction industry due to the electrical and thermal properties of copper. Although an overall copper plumbing is expensive compared to its plastic counterpart, it is still a practical cost-benefit option due to its long-term reliability. Additionally, copper tubing has extensive industrial use due to its non-corrosive and non-reactive nature. These pipes and tubes are also used for transporting gases, as copper is non-permeable to air and gases and offers reduced risks of leakage and contamination caused by oxygen, ultraviolet (UV) rays and temperature of the external environment.
With population growth and rapid urbanization, there has been a significant increase in construction spending. This has led to a growing demand for heating, ventilation and air conditioning (HVAC), where copper pipes and tubes find many applications due to their ease of handling, malleability, recyclability and non-pyrogenic properties.
Additionally, these hoses and tubes have high performance, tensile and fatigue strength as well as antibacterial properties which play a crucial role in the transportation of medical gases and water distribution systems. Moreover, the rapidly growing oil and gas industry, which requires copper pipes and tubes for various operations, contributes positively to the sales of these pipes and tubes.
Other factors such as the demand for solar thermal energy and waste heat recovery systems and product innovations such as polyvinyl chloride (PVC) coated copper tubing are further catalyzing the market growth.
Answer to the key question in this report
1. What is the size of the global copper tubing and pipe market?
2. What are the key factors driving the global Copper Tubes and Pipes market?
3. What has been the impact of COVID-19 on the global Copper Tubes and Pipes market?
4. What is the global copper tubing and pipe market breakdown by type of finish?
5. What is the breakdown of the global copper tubing and pipe market by end-user?
6. Which are the key regions in the global Copper Tubes and Pipes market?
7. Who are the key players/companies in the global copper tubing and pipe market?
Main topics covered:
2 Scope and methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Copper Tube and Pipe Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakdown by Finish Type
5.5 Market Breakdown by Outer Diameter
5.6 Market Breakdown by End User
5.7 Market Breakdown by Region
5.8 Market Forecast
6 Market Breakdown by Finish Type
7 Market Breakdown by Outer Diameter
8 Market Breakdown by End User
9 Market Breakdown by Region
10 SWOT Analysis
11 Value chain analysis
12 Analysis of the five forces of carriers
13 Price Analysis
13.1 Price indicators
13.2 Pricing structure
13.3 Margin Analysis
14 Competitive landscape
14.1 Market structure
14.2 Key Players
14.3 Profiles of Key Players
For more information on this report, visit https://www.researchandmarkets.com/r/vd2dq0
See the source version on businesswire.com: https://www.businesswire.com/news/home/20220204005231/en/
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