Press release
Copper Pipes and Tubes Market to Reach $44.56 Billion by 2030, Growing at 4.1% CAGR
๐๐จ๐ฉ๐ฉ๐๐ซ ๐๐ข๐ฉ๐๐ฌ ๐๐ง๐ ๐๐ฎ๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐThe global copper pipes and tubes market has witnessed remarkable growth and innovation, driven by increasing demand from the HVAC, construction, and industrial sectors. In 2023, the market was valued at USD 33.63 billion, with projections indicating a CAGR of 4.1% from 2024 to 2030, reaching an estimated value of USD 44.56 billion by 2030.
This press release dives into country-specific details, highlighting growth trends, opportunities, and updates in Vietnam, Thailand, Japan, South Korea, Singapore, the US, and Europe. We also provide insights into mergers, acquisitions, and key developments shaping the copper pipes and tubes market.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/63353/
๐๐ข๐๐ญ๐ง๐๐ฆ: ๐๐จ๐ฉ๐ฉ๐๐ซ ๐๐ข๐ฉ๐๐ฌ ๐๐ง๐ ๐๐ฎ๐๐๐ฌ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ
Vietnam has emerged as a key player in the copper pipes and tubes industry, driven by its thriving construction and HVAC sectors. Investments in infrastructure projects have accelerated demand. Recent government initiatives to promote green building practices have also spurred the adoption of copper piping due to its energy-efficient and durable properties.
๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ:
A strategic partnership between ๐๐ข๐๐ญ๐ง๐๐ฆ ๐๐จ๐ฉ๐ฉ๐๐ซ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ and ๐๐ข๐๐ญ๐ง๐๐ฆ ๐๐จ๐ฉ๐ฉ๐๐ซ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ aims to expand domestic production capabilities.
Foreign direct investment (FDI) in manufacturing and energy-efficient projects has boosted copper demand.
๐๐ก๐๐ข๐ฅ๐๐ง๐: ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐จ๐ฉ๐ฉ๐๐ซ ๐๐ข๐ฉ๐ข๐ง๐ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Thailand is experiencing growth in its construction and automotive sectors, both significant consumers of copper pipes and tubes. The market is consolidating as major players seek to establish a stronghold in this region.
๐๐๐ฒ ๐๐ซ๐๐ง๐๐ฌ:
๐๐ก๐๐ข ๐๐จ๐ฉ๐ฉ๐๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฌ has announced plans to enhance production facilities to cater to rising domestic and export demands.
Merger activity includes the acquisition of ๐๐๐ง๐ ๐ค๐จ๐ค ๐๐จ๐ฉ๐ฉ๐๐ซ ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ by ๐๐ข๐๐ฆ ๐๐๐ญ๐๐ฅ๐ฌ ๐๐ซ๐จ๐ฎ๐ฉ, aiming to streamline supply chains.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/63353/
๐๐๐ฉ๐๐ง: ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐จ๐ฉ๐ฉ๐๐ซ ๐๐ฎ๐๐ข๐ง๐ ๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง
Japan's copper pipes and tubes market is heavily influenced by advancements in HVAC technology and a strong focus on energy efficiency. The country is a leader in producing high-quality copper tubes for industrial applications.
๐๐๐๐๐ง๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:
๐๐ข๐ญ๐ฌ๐ฎ๐๐ข๐ฌ๐ก๐ข ๐๐๐ญ๐๐ซ๐ข๐๐ฅ๐ฌ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง unveiled a new line of eco-friendly copper products.
Collaboration between ๐๐จ๐๐ ๐๐ญ๐๐๐ฅ and ๐๐ข๐ญ๐๐๐ก๐ข ๐๐๐ญ๐๐ฅ๐ฌ is driving R&D efforts in lightweight and efficient copper tubing solutions.
๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐: ๐๐จ๐ฉ๐ฉ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐๐ง๐๐ฌ
South Korea's copper pipes and tubes market benefits from its advanced industrial base and strong demand in electronics and construction. Government incentives for green infrastructure projects have further amplified growth.
๐๐จ๐ญ๐๐๐ฅ๐ ๐๐ฉ๐๐๐ญ๐๐ฌ:
๐๐๐๐๐ ๐๐จ๐ฉ๐ฉ๐๐ซ ๐๐ข๐ฏ๐ข๐ฌ๐ข๐จ๐ง has partnered with global players to expand production capacity.
Key acquisition: ๐๐ฒ๐ฎ๐ง๐๐๐ข ๐๐๐ญ๐๐ซ๐ข๐๐ฅ๐ฌ acquired ๐๐จ๐ซ๐๐ ๐๐ฎ๐๐๐๐๐๐ก to enhance its product offerings.
๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐: ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐จ๐ฉ๐ฉ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Singapore serves as a hub for high-quality copper piping products in Southeast Asia, driven by its strong logistics and construction sectors.
๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ:
๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐ ๐๐๐ญ๐๐ฅ๐๐จ๐ซ๐ค๐ฌ partnered with ๐๐ฅ๐จ๐๐๐ฅ ๐๐จ๐ฉ๐ฉ๐๐ซ ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ to optimize regional supply chains.
An increase in the adoption of copper piping in data centers and renewable energy projects has been observed.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/63353/
๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ: ๐๐จ๐ฉ๐ฉ๐๐ซ ๐๐ฎ๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ
The United States remains a major contributor to the global copper pipes and tubes market, driven by rapid advancements in HVAC systems and infrastructure projects.
๐๐๐๐๐ง๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:
The acquisition of ๐๐ ๐๐จ๐ฉ๐ฉ๐๐ซ & ๐๐ข๐ฉ๐ข๐ง๐ by ๐๐๐ฅ๐ข๐๐ง๐๐ ๐๐๐ญ๐๐ฅ๐ฌ has strengthened domestic supply chains.
Rising demand for copper tubing in sustainable construction projects is reshaping market dynamics.
๐๐ฎ๐ซ๐จ๐ฉ๐: ๐๐ซ๐๐ง๐๐ฌ ๐๐ง๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐จ๐ฉ๐ฉ๐๐ซ ๐๐ฎ๐๐๐ฌ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
Europe's copper pipes and tubes market is flourishing due to strict energy-efficiency regulations and growing demand from the automotive sector.
๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ:
๐๐ฎ๐ซ๐จ๐ฉ๐๐๐ง ๐๐จ๐ฉ๐ฉ๐๐ซ ๐๐ฅ๐ฅ๐ข๐๐ง๐๐ launched an initiative promoting the use of copper in green building projects.
Merger: ๐๐ข๐๐ฅ๐๐ง๐ ๐๐ซ๐จ๐ฎ๐ฉ acquired ๐๐๐ ๐๐ซ๐จ๐ฎ๐ฉ'๐ฌ ๐๐จ๐ฉ๐ฉ๐๐ซ ๐ญ๐ฎ๐๐ข๐ง๐ ๐๐ข๐ฏ๐ข๐ฌ๐ข๐จ๐ง, consolidating market leadership.
๐ ๐จ๐ซ ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐จ๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ, ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐:https://www.maximizemarketresearch.com/market-report/global-copper-pipes-and-tubes-market/63353/
๐๐จ๐ฉ๐ฉ๐๐ซ ๐๐ข๐ฉ๐๐ฌ ๐๐ง๐ ๐๐ฎ๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐ ๐ข๐ง๐ข๐ฌ๐ก ๐๐ฒ๐ฉ๐
Straight Length
LWC Grooved
Pan Cake
LWC Plain
๐๐ฒ ๐๐ฎ๐ญ๐๐ซ ๐๐ข๐๐ฆ๐๐ญ๐๐ซ
3/8, 1/2, 5/8 Inch
3/4, 7/8, 1 Inch
Above 1 Inch
๐๐ฒ ๐๐ง๐-๐๐ฌ๐๐ซ
Industrial Heat Exchanger
HVAC and refrigeration
Plumbing
Electrical
Others
๐๐จ๐ฉ๐ฉ๐๐ซ ๐๐ข๐ฉ๐๐ฌ ๐๐ง๐ ๐๐ฎ๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
1. Furukawa Electric Co., Ltd
2. Kobe Steel, Ltd
3.Mueller Industry
4. Cerroflow Products
5. Golden Dragon
6. Mehta Tubes
7. Qingdao Hongtai Metal Co.Ltd
8. Shanghai Hailiang Copper Tubes
9. Global Brass and Copper Holdings, Inc
10. EvalHalcor
11. Mueller Industries, Inc
12. Aurubis AG
13. Mueller Streamline Co
14. Aurubis AG, Cerro Flow Products LLC
15. Fabrikabakarnihcevi A.D. Majdanpek
16. Cambridge-Lee Industries LLC
17. FoshanHuahong Copper Tube Co., Ltd
18. CHINA-Hailiang GROUP CO., LTD
19. KOBELCO & MATERIALS COPPER TUBE CO., LTD
20. Shanghai Metal Corporation
21. Small Tube Products
๐๐ข๐ฌ๐๐จ๐ฏ๐๐ซ ๐๐ก๐๐ญ'๐ฌ ๐๐ซ๐๐ง๐๐ข๐ง๐ :
โฆ Global Static Dissipative Plastic Sheets Market https://www.maximizemarketresearch.com/market-report/global-static-dissipative-plastic-sheets-market/81162/
โฆ Global Stretch Hood Films Market https://www.maximizemarketresearch.com/market-report/global-stretch-hood-films-market/24305/
โฆ Global Structural Steel Fabrication Market https://www.maximizemarketresearch.com/market-report/global-structural-steel-fabrication-market/16290/
โฆ Global Styrene Acrylic Emulsion Polymer Market https://www.maximizemarketresearch.com/market-report/global-styrene-acrylic-emulsion-polymer-market/64553/
โฆ Global Styrene Acrylonitrile Resins Market https://www.maximizemarketresearch.com/market-report/global-styrene-acrylonitrile-resins-market/56534/
โฆ Global Styrene Market https://www.maximizemarketresearch.com/market-report/global-styrene-market/23532/
โฆ Global Styrenic Polymer Market https://www.maximizemarketresearch.com/market-report/global-styrenic-polymer-market/25498/
โฆ Global Sulfamic Acid Market https://www.maximizemarketresearch.com/market-report/global-sulfamic-acid-market/70735/
โฆ Global Super Absorbent Polymer Market https://www.maximizemarketresearch.com/market-report/global-super-absorbent-polymer-market/31887/
โฆ Global Super Alloys Market https://www.maximizemarketresearch.com/market-report/global-super-alloys-market/28267/
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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