Global Copper Pipes and Tubes Market Analysis & forecasts 2018-2022, With a Projected CAGR of Almost 4% - ResearchAndMarkets.com
The "Global Copper Pipes and Tubes Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The analysts forecast the global copper pipes and tubes market to grow at a CAGR of 3.8% during the period 2018-2022.
Copper (a base metal like zinc, nickel, and aluminum) is characterized by extensive applications in multiple industries.
One trend in the market is growing demand for EVs and hybrid vehicles. The increasing sales of copper pipes and tubes are due to the growing sales of EVs. EVs and hybrid vehicles use more copper as compared with conventional vehicles. In the recent times, government initiatives and subsidies are leading to the growing sales of EVs.
One driver in the market is increasing demand for copper tubes and pipes in HVAC segment. The growth of the global HVAC systems market and the global copper pipes and tubes market is due to the extensive use of copper tubes and pipes in HVAC. The rise in the population levels, increase in new home sales, and increase in per capita income levels is influencing the growth of HVAC systems market.
The report states that one challenge in the market is volatile costs of raw materials. Volatile costs of raw materials negatively impact the growth of the global copper pipes and tubes market. The conversion of copper cathode (raw material) to copper tubes is a resource-intensive process.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
Companies Mentioned
- FURUKAWA
- KME Germany
- KOBE STEEL
- Luvata
- MetTube
- Mueller Industries
Key Topics Covered:
1: Executive Summary
2: Scope Of The Report
3: Research Methodology
4: Market Landscape
5: Market Sizing
6: Five Forces Analysis
7: Customer Landscape
8: Market Segmentation By End-User
9: Regional Landscape
10: Decision Framework
11: Drivers And Challenges
12: Market Trends
13: Vendor Landscape
14: Vendor Analysis
15: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/nz47r6/global_copper?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20180529005960/en/