Global Copper Pipes And Tubes Market To Reach to USD 40.16 Billion by 2026 | CAGR of 4.2%: ZMR Report
The International Market for Copper Pipes and Tubes: An Overview
The Copper Pipes and Tubes Market is anticipated to experience speedy expansion throughout the period covered by this projection. The global market for automated sortation systems generated revenue of USD 29.85 billion in 2019, and it is anticipated that this figure will increase to USD 40.16 billion by 2026, expanding at a compound annual growth rate (CAGR) of 4.2% from 2020 to 2026.
Due to copper's ability to carry electricity and heat, copper pipes and tubes are frequently utilized in the construction industry. This is because copper is a conductive metal. Copper plumbing is a convenient alternative in terms of cost-benefit analysis because of its long-term durability.
Despite the fact that copper plumbing is generally more expensive than its plastic equivalent, this is because copper plumbing is more durable. In addition, because of their resistance to corrosion and absence of chemical reactivity, copper pipes find widespread application in industrial settings.
Because copper does not allow air or gas to pass through it, pipes and tubes made of copper are used for the transportation of gases as well. This is due to the fact that copper reduces the likelihood of leakage and contamination brought on by oxygen, ultraviolet (UV), and temperature from the surrounding environment.
There has been a considerable increase in the amount of money spent on construction as a result of the rapidly increasing population and urbanization. Copper pipes and tubes find extensive applications due to their ease of handling, malleability, recyclability, and non-pyrogenic qualities.
This has resulted in an increase in demand for heating, ventilation, and air conditioning (HVAC). In addition, the antibacterial qualities of these pipes and tubes, combined with their high yield, tensile, and fatigue strengths, play an important part in the transportation of medicinal gases and the distribution of water systems.
In addition, the rapidly expanding oil and gas business, which necessitates the use of copper pipes and tubes for a variety of operations, is positively adding to the sales of these pipes and tubes. Moreover, the oil and gas industry is seeing significant growth. Additional factors, such as demand from solar thermal energy and waste heat recovery systems, as well as product advancements, such as polyvinyl chloride (PVC) coated copper tubes, are further stimulating the market's expansion.
Key Market Segmentation:
Zion Market Research presents a study of the most important trends in each subsegment of the global market for copper pipes and tubes, as well as projections at the global and regional level from 2022 through 2028. According to the findings of our analysis, the market can be split up into three distinct categories: finish type, outer diameter, and end-user.
领英推荐
The Segmentation of the Worldwide Market for Copper Pipes and Tubes
The global market for copper pipes and tubes has been broken down into its component parts based on type, outer diameter, kind of finish, application, and region. The market is able to be segmented into copper tubes and copper pipes based on the type of product being sold. The market can be broken down into the following segments according to outer diameter: 3/8, 12, 5/8 inch, 34, 7/8, 1 inch, and above 1 inch.
???????? ???????? ???????????? @ https://bit.ly/3fWfg1Z
The market has been divided into several subcategories, such as straight length, LWC plain, pancake, and LWC grooved, based on the type of finish that is used. On the basis of application, the global market for copper pipes and tubes has been divided into the following submarkets: industrial heat-exchange equipment, refrigeration, plumbing, heating, ventilation, and air conditioning (HVAC), as well as others including decorative bathroom hardware, fire protection, furniture and lighting fixtures, and musical instruments.
Global Copper Pipes and Tubes Market: Competitive Players
Some of the key companies dominating the global copper pipes and tubes market comprise Mueller Industry, Qingdao Hongtai Copper Co.,Ltd , WIELAND WERKE AG , Cambridge-Lee Industries LLC , Shanghai Metal Corporation (SMC) , H & H Tube, Halcro, Brassco Tube Industries , FURUKAWA ELECTRIC GROUP , Kobelco Construction Machinery Europe B.V. , Luvata , KMCT, METTUBE INTERNATIONAL SDN. BHD. , MM Kembla , Mehta Tubes Limited ., Wieland Small Tube Products , KOBE STEEL LTD , Ltd., and KME .
FREQUENTLY ASKED QUESTIONS
???????? ???????????????? ?????????????? ???? ???????? ???????????? ???????????????? –
Global Copper Pipes And Tubes Market- https://www.dhirubhai.net/pulse/global-roof-insulation-market-size-top-countries-data-maria-howard/