Copper Pipes and Tubes Market Growth Analysis - Forecast Trends and Outlook (2025-2034)

The global copper pipes and tubes market attained a volume of nearly 4.94 Million Tons in 2024 and expected to grow at a CAGR of 3.00% between 2025 and 2034, reaching a value of 6.64 Million Tons by 2034. These are primarily used in HVAC due to benefits such as ease of handling, non-pyrogenic characteristics, and recycling characteristics.

Key Insights and Trends

• The copper pipes and tubes market in Asia Pacific is expected to grow at CAGR of 3.4% over the forecast period.
• By country, India is expected to register a CAGR of 3.5% over the forecast period.
• By finish type, the LWC grooved category is projected to witness a CAGR of 3.7% during the forecast period.
• By outer diameter, 3/4, 7/8, 1 inch category is projected to witness a CAGR of 3.8% over the forecast period.

Market Size & Forecast

• Market Size in 2024: 4.94 Million Tons
• Projected Market Size in 2034: 6.64 Million Tons
• CAGR from 2025 to 2034: 3.00%
• Fastest-Developing Regional Market: Asia Pacific

The market for copper pipes and tubes is being driven by the increasing demand for the product in plumbing applications due to the cost-efficiency, durability, recyclability, and reliability of copper pipes over its counterparts, like plastic and lead pipes.

Market Segmentation

The copper pipes and tubes market can be divided on the basis of its segments like finish type, end-use, and outer diameter.

The industry can be divided on the basis of its finish type into:

• LWC Grooved
• Straight Length
• Pancake
• LWC Plain

The industry can be divided on the basis of its outer diameter into:

• 3/8, 1/2, 5/8 Inch
• 3/4, 7/8, 1 Inch
• Above 1 Inch

The industry can be broadly categorised based on its end use into:

• HVAC
• Industrial Heat Exchanger
• Plumbing
• Electrical
• Others

Looks into the regional markets for copper pipes and tubes like:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Market Analysis

The growing demand in the HVAC sector for copper tubes and pipes is the main factor aiding the development of copper pipes and tubes industry. Copper pipes and tubes are primarily used in HVAC due to benefits such as ease of handling, non-pyrogenic characteristics, and recycling characteristics. The increasing demand for E-vehicles and hybrid vehicles will also drive the copper pipes and tubes demand in the coming years. Compared to standard cars, E-vehicles and hybrid vehicles use more copper. There is an increase in the sales of E-vehicles due to countless public projects and subsidies, which will further drive the demand for copper tubes and pipes in the coming years.

Competitive Landscape

The report presents a detailed analysis of the following key players in the global copper pipes and tubes market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

• Furukawa Electric Co., Ltd
• KME GERMANY GMBH
• Kobe Steel, Ltd.
• Luvata
• Viown Mettube Pvt. Ltd
• Mueller Industry
• Kobelco & Materials Copper Tube Co., Ltd.
• Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.
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