According to IMARC Group’s latest report, titled “Asia Pacific Copper Pipes and Tubes Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market exhibited moderate growth during 2015-2020. Pipes and tubes are tubular sections or hollow cylinders that are used to transport various substances, such as liquids, gases, powders, masses of small solids, etc. Copper is often used in tubing systems since it offers high corrosion resistance, tensile strength, fatigue strength, non-permeability, etc. It also has several antibacterial properties and prevents contamination from oxygen and ultraviolet (UV) rays. Copper tubing comprises of flare connections, compression connections, pressed connections, solder, etc. Copper pipes and tubes are extensively used in heating, ventilation and air conditioning (HVAC) systems.
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The escalating product utilization across various industries, such as construction, healthcare, energy, etc., is one of the primary factors driving the Asia Pacific copper pipes and tubes market. In addition to this, the increasing requirement for medical copper tubing in medical gas pipeline systems, which aids in degreasing, maintaining cleanliness, packaging, etc., is propelling the product demand in the healthcare sector. Moreover, these tubing systems are being extensively used in electric vehicles (EVs) and charging stations, which is acting as another significant growth-inducing factor. In line with this, the expanding renewable energy sector is augmenting the regional market, since copper is an excellent electrical and thermal conductor, and power systems utilize it to generate and transmit energy sustainably and efficiently. Furthermore, numerous product innovations, including the development of polyvinyl chloride (PVC) coated tubes, are anticipated to fuel the Asia Pacific copper pipes and tubes market over the forecasted period. Looking forward, IMARC Group expects the Asia Pacific copper pipes and tubes market to continue its moderate growth during 2021-2026.
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Breakup by Finish Type:
- LWC Grooved
- Straight Length
- Pan Cake
- LWC Plain
Breakup by Outer Diameter:
- 3/8, 1/2, 5/8 Inch
- 3/4, 7/8, 1 Inch
- Above 1 Inch
Breakup by End User:
- Industrial Heat Exchanger
Breakup by Country:
- South Korea
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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