Copper Pipes and Tubes Market in Europe Middle East and Africa 2017-2021

Overview of the copper pipes and tubes market in Europe, Middle East, and Africa (EMEA)

Technavio’s market research analyst predicts the copper pipes and tubes market in Europe, Middle East, and Africa (EMEA) to grow steadily at a CAGR of around 5% by 2021. One of the primary drivers for this market is the distinct properties of copper over other metals. Copper has excellent corrosion resistance, heat transfer capability, and machinability. It has a higher conductivity than aluminum and is more ductile with relatively high tensile strength. Also, it can be easily soldered. Copper requires less maintenance and has a significantly higher lifespan than aluminum and steel tubes. Furthermore, copper has the strength which is required to withstand fluid pressures in large air conditioning systems. These advantages of copper over other metals will significantly propel the growth of the copper pipes and tube market over the next few years.

In terms of geography, Europe accounted for the maximum market share during 2016 and will continue to dominate the market for the next few years. In Europe, the major use of copper pipe is in hot water installations. Germany has the highest demand for copper tubes in the region. The main customers for copper plumbing are distributors, retailers, and wholesalers that sell these copper tubes for plumbing application to the installers and other end consumers. With the introduction of plastic and compound tubes, the demand for copper pipes and tubes in Europe is declining.

Competitive landscape and key vendors

The copper pipes and tubes market in EMEA is fragmented with the presence of players across the globe. A sizeable number of small regional vendors also operate in the copper tubing and pipe fittings market and have significant shares. Recently, many European and the US players in the copper tubing and pipe fittings market are envisaging emerging markets, such as the Middle East and Africa, as new geographical markets to increase their sales of copper pipes and tubes. Price is the defining factor for the end-user when making a purchase decision.

Leading vendors in the market are -

• MetTube
• Luvata
• KME
• Mueller Industries
• Qaem Copper

Other prominent vendors in the copper pipes and tubes market in EMEA include Metal Gems (Mehta Group), Maksal, Elektrosan, Furukawa Metal, Sumitomo, and Qingdao Hongtai Metal.

Segmentation by finish type and analysis of the copper pipes and tubes market in EMEA

• LWC grooved
• Straight length
• Pancake
• LWC plain

During 2016, the LWC grooved dominated the copper pipes and tubes market and accounted for a major part of the overall market share. LWC grooved tubes are primarily used in the HVAC segment. The increased turbulent flow of refrigerant, internal surface area, and uniform distribution of refrigerant around the periphery of the tube increases its efficiency.    

Segmentation by application and analysis of the copper pipes and tubes market in EMEA

• HVAC
• Industrial heat exchanger
• Plumbing
• Electrical

In this market study, analysts have estimated the HAVC segment to dominate the copper tubing and pipe fittings market during the forecast period. The factor responsible for this dominance is greater heat transfer and antimicrobial properties that copper pipes and tubes offer than aluminum, which makes them a popular choice for HVAC applications. Also, the rapid growth of the construction sector has strengthened the HVAC market, which is now gravitating toward intelligent and energy-efficient systems.   

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the copper pipes and tubes market in EMEA?
• What are the key market trends impacting the growth of the copper pipes and tubes market in EMEA?
• What are the challenges to market growth?
• Who are the key vendors in the copper pipes and tubes market in EMEA?
• What are the market opportunities and threats faced by the vendors in the copper pipes and tubes market in EMEA?
• Trending factors influencing the market shares of the Europe, Middle East and Africa.
• What are the key outcomes of the five forces analysis of the copper pipes and tubes market in EMEA?

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