Lucintel Forecasts Copper Pipe And Tube Market To Reach $28 Billion By 2030

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According to the recent study the copper pipe and tube market is projected to reach an estimated $28 billion by 2030 from $24 billion in 2023 at a CAGR of 2% from 2023 to 2030. Growth in this market is primarily driven by increasing demand for thermal efficient heat exchange equipment, rise in construction activities, and increasing automotive production.
A more than 150-page report to understand trends, opportunities and forecast in copper pipe and tube market by end use (HVAC, refrigeration, industrial, electrical, plumbing, medical, 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).
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.
Download sample by clicking on copper pipe and tube market.
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.
Mueller, Wieland, Hailiang, Kobelco and Materials Copper Tube, Furukawa Electric, Mettube, Shanghai Metal, Grupo IUSA are among the major copper pipe and tube providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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