Global Copper Pipes & Tubes Market Overview:
Copper is a Soft, Malleable, & Ductile Metal with Very High Thermal & Electrical Conductivity. It has Excellent Resistance to Scaling & Corrosion, High-Temperature Resistance, High Mechanical Strength & Lifetime Resistance to UV Degradation. Pure Copper Extensively Finds its usage for Electrical Wire & Cable, Electrical Contacts & Various other parts that are required to Pass Electrical Current. Copper is used in Various End-Use Industries because of its Superior Characteristics. It can be Recycled over & over without Degradation in Content or Properties
Growth Drivers
- Growth in the Air Conditioning & Refrigeration Industry, utilizing Copper Pipes & Tubes, owing to its High Strength, Excellent Thermal Performance, Superior Corrosion Resistance & Formability
- Rising Healthcare Industry requiring a Safe & Anti-Bacterial, Gas Supplying Material, for Supplying Gases like Oxygen, Medical Air, Nitrogen, Nitrous Oxide, & Carbon Dioxide
Roadblocks
- Fluctuations in the Price of Raw Material
Opportunities
- Owing to the Technological Advancements, there are Growth Prospects, for the Usage of Copper Pipes & Tubes in the Automotive Industry for Producing More Energy Efficient, Durable & Higher Quality Parts
- There is an Increasing Demand for Market Expansion, owing to the Increased Popularity of Copper Tubes & Pipes, for Supplying Natural Gas & Liquefied Petroleum Gas
Challenges
- Market Presence of Steel Pipes & Tubes may pose a Challenge
Competitive Landscape:
The Market for the Copper Pipes & Tubes is Fragmented with the Presence of Many Players. Leading Players can Adopt Strategies like a Merger, Acquisition, Expansion, New Product Launch, in order to Gain Share Within the Market. Owing to Booming Industrialization & Urbanization, there are Growing Prospects for the New Players to Enter the Market
Some of the key players profiled in the report are Furukawa Electric Co., Lt (Japan), KME Germany Gmbh & Co Kg (Germany), Kobe Steel, Ltd (Japan), Luvata (Finland), Global Brass & Copper Holdings Inc. (United States), Halcor (Greece), Mueller Industries (United States), Aurubis AG (Germany), Savoy Piping Inc. (India) and Silver Tubes (India). Additionally, following companies can also be profiled that are part of our coverage like Citizen Metals Pvt Ltd (New Zealand), Steel Tubes India (India), Sagar Prakash Alloys (India), D.M. Metalloys Pvt Ltd. (India), Qingdao Hongtai Copper Co. Ltd (China), Cerro Flow Products LLC (United States), Foshan Shunde Lecong Hengxin Copper Tube Factory (China), Golden Dragon Precise Copper Tube Group, Inc. (China), Cambridge-Lee Industries LLC (United States) and H & H Tube (United States). Analyst at AMA Research see United States & Asian Manufacturers to retain maximum share of Global Copper Pipes & Tubes market by 2026. Considering Market by Outer Diameter, the sub-segment i.e. Less Than 28 Mm will boost the Copper Pipes & Tubes market. Considering Market by Thickness, the sub-segment i.e. Type K will boost the Copper Pipes & Tubes market. Considering Market by Manufacturing Method, the sub-segment i.e. Seamless will boost the Copper Pipes & Tubes market.
In April 2019, Global Brass & Copper Holdings Inc., & German Copper Products Manufacturer Wieland Group Announced a Merger Deal, Resulting in Wieland Acquiring all of the Outstanding Shares of Global Brass & Copper in an All-Cash Transaction
What Can be Explored with the Copper Pipes & Tubes Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Copper Pipes & Tubes Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Copper Pipes & Tubes
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Copper Pipes & Tubes market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Copper Pipes & Tubes market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Copper Pipes & Tubes, Distributors, Traders, & Suppliers, Importers & Exporters, Investors, Regulatory & Government Bodies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.