Seamless Copper Tubes Market in MENA 2015-2019
About Seamless Copper Tubes
The seamless copper tubes market in MENA is highly dependent on imports from suppliers in China, the Far East (Malaysia, Thailand, and Japan), the US, and Europe as there are no major local suppliers apart from Iran.
Qaem Copper in Iran is a major supplier of seamless copper tubes in the region, mainly catering to the local demand in Iran and exporting in smaller quantities to other Middle Eastern countries. LWC grooved and plain coils are mostly used in the ACR segment, whereas pancake coils and straight-length seamless copper tubes are mainly used in industrial (heat exchangers), plumbing, electrical and other end-user segments in MENA countries
Technavio’s analysts forecast the seamless copper tubes market in MENA to grow at a CAGR of 8.52% during the period 2015-2019.
Covered in this report
The report covers the present scenario and the growth prospects of the seamless copper tubes market for the period 2015-2019. To arrive at the market share rankings of the major vendors in the market, the report considers the volume sold/sales by the vendors who predominantly import into the region. It represents the vendor landscape and a corresponding detailed analysis of the top five leading vendors in the seamless copper tubes market in MENA. The report also provides detailed data on the different applications, finish types, and outer diameters of copper tubes.
The market is divided into the following segments based on Finish Type:
Technavio Announces the Publication of its Research Report – Seamless Copper Tubes Market in MENA Region 2015-2019
Technavio recognizes the following companies as the key players in the Seamless Copper Tubes Market in MENA Region: Golden Dragon Precise Copper Tube, Luvata, MetTube, Mueller and KMCT
Other Prominent Vendors in the market are: Sumitomo, Sarkuysan, KME, Hailiang, Qinddao Hongtai Metal, and Cerro Flow Products.
Commenting on the report, an analyst from Technavio’s team said: “The market is highly fragmented with the demand to catered by many suppliers located across the world. It has been observed that Chinese, Malaysian, Japanese, and Thai suppliers are dominating this market. Price being the one of the key criteria, Chinese players have an edge as their costs, mainly fabrication costs, are 20%-30% lower than other suppliers. European and American suppliers are perceived to be high-quality producers with strong understanding of trends in end-user markets.”
According to the report, copper has excellent heat transfer capability, corrosion resistance, and machinability. It has a higher conductivity than aluminum and is more ductile with relatively high tensile strength. It can also be easily soldered. In addition, energy losses are low compared to other materials such as aluminum. Usage of copper entails little maintenance, a very important consideration in a closed system with a 20-30-year life expectancy.
Further, the report states that the significant challenge in this market is to manage risk associated with fluctuation in input prices like copper cathodes and fuel, etc.
Golden Dragon Precise Copper Tube, Luvata, MetTube, Mueller, KMCT, Sumitomo, Sarkuysan, KME, Hailiang, Qinddao Hongtai Metal, Cerro Flow Products.
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