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Global Copper Pipes and Tubes Market Size, Share, Forecast: By Finish Type: LWC Grooved, Straight Length, Pancake, LWC Plain; By Outer Diameter: 3/8, 1/2, 5/8 Inch, 3/4, 7/8, 1 Inch, Above 1 Inch; By End Use: HVAC, Industrial Heat Exchanger, Plumbing, Electrical, Others; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032
Global Copper Pipes and Tubes Market Outlook
The global copper pipes and tubes market attained a volume of nearly 4.94 million tons in 2023 and expected to grow at a CAGR of 3% between 2024 and 2032.
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The market for copper pipes and tubes is being driven by the increasing demand for the product in plumbing applications due to the cost-efficiency, durability, recyclability, and reliability of copper pipes over its counterparts, like plastic and lead pipes.
Market Segmentation
The copper pipes and tubes market can be divided on the basis of its segments like finish type, end-use, and outer diameter. The industry can be divided on the basis of its finish type as LWC grooved, straight length, pancake, and LWC plain. The industry can be broadly categorised based on its end use into:
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- HVAC
- Industrial Heat Exchanger
- Plumbing
- Electrical
- Others
The industry can be divided on the basis of its outer diameter as 3/8, 1/2, 5/8 inch, 3/4, 7/8, 1 inch, and above 1 inch.
The EMR report looks into the regional markets for copper pipes and tubes like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
Market Analysis
The growing demand in the HVAC sector for copper tubes and pipes is the main factor aiding the development of copper pipes and tubes industry. Copper pipes and tubes are primarily used in HVAC due to benefits such as ease of handling, non-pyrogenic characteristics, and recycling characteristics. The increasing demand for E-vehicles and hybrid vehicles will also drive the copper pipes and tubes demand in the coming years. Compared to standard cars, E-vehicles and hybrid vehicles use more copper. There is an increase in the sales of E-vehicles due to countless public projects and subsidies, which will further drive the demand for copper tubes and pipes in the coming years.
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Competitive Landscape
The report presents a detailed analysis of the following key players in the global copper pipes and tubes market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Furukawa Electric Co., Ltd
- KME GERMANY GMBH
- Kobe Steel, Ltd.
- Luvata
- Viown Mettube Pvt. Ltd
- Mueller Industry
- Kobelco & Materials Copper Tube Co., Ltd.
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Finish Type |
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| Breakup by Outer Diameter |
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| Breakup by End Use |
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| Breakup by Region |
|
| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Copper Pipes and Tubes Market Analysis
8.1 Key Industry Highlights
8.2 Global Copper Pipes and Tubes Historical Market (2018-2023)
8.3 Global Copper Pipes and Tubes Market Forecast (2024-2032)
8.4 Global Copper Pipes and Tubes Market by Finish Type
8.4.1 LWC Grooved
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Straight Length
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Pancake
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 LWC Plain
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.5 Global Copper Pipes and Tubes Market by Outer Diameter
8.5.1 3/8, 1/2, 5/8 Inch
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 3/4, 7/8, 1 Inch
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Above 1 Inch
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.6 Global Copper Pipes and Tubes Market by End Use
8.6.1 HVAC
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Industrial Heat Exchanger
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Plumbing
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Electrical
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Others
8.7 Global Copper Pipes and Tubes Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Copper Pipes and Tubes Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Copper Pipes and Tubes Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Copper Pipes and Tubes Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Copper Pipes and Tubes Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Copper Pipes and Tubes Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
16.1 North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.4 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.5 Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Furukawa Electric Co., Ltd
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Kobe Steel, Ltd.
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Luvata
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Viown Mettube Pvt. Ltd
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Mueller Streamline Co.
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 KME GERMANY GMBH
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Kobelco & Materials Copper Tube Co., Ltd.
17.2.7.1 Company Overview
17.2.7.2 Product Portfolio
17.2.7.3 Demographic Reach and Achievements
17.2.7.4 Certifications
17.2.8 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Copper Pipes and Tubes Market: Key Industry Highlights, 2018 and 2032
2. Global Copper Pipes and Tubes Historical Market: Breakup by Finish Type (USD Million), 2018-2023
3. Global Copper Pipes and Tubes Market Forecast: Breakup by Finish Type (USD Million), 2024-2032
4. Global Copper Pipes and Tubes Historical Market: Breakup by Outer Diameter (USD Million), 2018-2023
5. Global Copper Pipes and Tubes Market Forecast: Breakup by Outer Diameter (USD Million), 2024-2032
6. Global Copper Pipes and Tubes Historical Market: Breakup by End Use (USD Million), 2018-2023
7. Global Copper Pipes and Tubes Market Forecast: Breakup by End Use (USD Million), 2024-2032
8. Global Copper Pipes and Tubes Historical Market: Breakup by Region (USD Million), 2018-2023
9. Global Copper Pipes and Tubes Market Forecast: Breakup by Region (USD Million), 2024-2032
10. North America Copper Pipes and Tubes Historical Market: Breakup by Country (USD Million), 2018-2023
11. North America Copper Pipes and Tubes Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Europe Copper Pipes and Tubes Historical Market: Breakup by Country (USD Million), 2018-2023
13. Europe Copper Pipes and Tubes Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Asia Pacific Copper Pipes and Tubes Historical Market: Breakup by Country (USD Million), 2018-2023
15. Asia Pacific Copper Pipes and Tubes Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Latin America Copper Pipes and Tubes Historical Market: Breakup by Country (USD Million), 2018-2023
17. Latin America Copper Pipes and Tubes Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Middle East and Africa Copper Pipes and Tubes Historical Market: Breakup by Country (USD Million), 2018-2023
19. Middle East and Africa Copper Pipes and Tubes Market Forecast: Breakup by Country (USD Million), 2024-2032
20. North America Historical Price Trends and Forecast 2018-2028
21. Europe Historical Price Trends and Forecast 2018-2028
22. Asia Pacific Historical Price Trends and Forecast 2018-2028
23. Latin America Historical Price Trends and Forecast 2018-2028
24. Middle East and Africa Historical Price Trends and Forecast 2018-2028
25. Global Copper Pipes and Tubes Market Structure
Key Questions Answered in the Report
The market attained a volume of nearly 4.94 million tons in 2023.
The market is estimated to grow at a CAGR of 3% between 2024 and 2032.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major drivers of the market include the increasing demand for e-vehicles and hybrid vehicles, increase in the sales of e-vehicles, rapid urbanisation, and increase in construction expenditures.
The increasing demand for the product in plumbing applications and the growing utilisation of copper pipes and tubes in the HVAC sector are the key trends guiding the growth of the market.
LWC grooved, straight length, pancake, and LWC plain are the major finish types included in the market.
3/8, 1/2, 5/8 inch, 3/4, 7/8, 1 inch, and above 1 inch are the significant outer diameters of copper pipes and tubes considered in the market report.
The different end uses of copper pipes and tubes in the market are HVAC, industrial heat exchanger, plumbing, and electrical, among others.
The major players in the market are Furukawa Electric Co., Ltd, Kobe Steel, Ltd., Luvata, Viown Mettube Pvt. Ltd, Mueller Streamline Co., KME GERMANY GMBH, and Kobelco & Materials Copper Tube Co., Ltd., among others.
Analyst Review
The global copper pipes and tubes market is driven by the growing expansion of HVAC sector in the historical period. Aided by the increasing demand for e-vehicles and hybrid vehicles and increasing demand for the product in plumbing applications , the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 3%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on finish type, the market is divided into LWC grooved, straight length, pancake, and LWC plain. On the basis of outer diameter, the market is divided into 3/8, 1/2, 5/8 inch, 3/4, 7/8, 1 inch, and above 1 inch. The significant end-uses of copper pipes and tubes include HVAC, industrial heat exchanger, plumbing, and electrical, among others. The major regional markets for copper pipes and tubes are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Furukawa Electric Co., Ltd, Kobe Steel, Ltd., Luvata, Viown Mettube Pvt. Ltd, Mueller Streamline Co., KME GERMANY GMBH, and Kobelco & Materials Copper Tube Co., Ltd., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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