Press release
Global Copper Pipes and Tubes Market Will Reach At CAGR Of 4.62% Between 2017-2021
Copper is considered as a base metal like zinc, nickel, and aluminum, and is heavily used in industries like the power industry. The major contributing countries in the production of copper includes Chile, China, and Peru. Chile alone accounted for a share of more than 33% in the global production of copper in 2015 and is also by far the country with the largest copper reserves.
Technavios analysts forecast the copper pipes and tubes market in Europe And Middle East region to grow at a CAGR of 4.62% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the copper pipes and tubes market in Europe And Middle East region for 2017-2021. To calculate the market size, the report discusses the major drivers influencing the market growth and the challenges faced by the key vendors and the market.
The market is divided into the following segments based on geography:
Africa
Europe
Middle East
Technavio's report, Copper Pipes and Tubes Market In Europe And Middle East Region 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
MetTube
Luvata
KME
Mueller Industries
Qaem Copper
Other prominent vendors
Metal Gems (Mehta Group)
Maksal
Elektrosan
Furukawa Metal
Sumitomo
Qingdao Hongtai Metal
Market driver
High demand from HVAC segment.
For a full, detailed list, view our report
Market challenge
Shortage of raw materials and skilled labor in Middle East.
For a full, detailed list, view our report
Market trend
Increasing use of cupronickel tubes.
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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