Global Copper Pipes & Tubes Market to Exceed 3.6 Million Metric Tons by 2015, According to New Report by Global Industry Analysts

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Demand for copper pipes and tubes is expected to remain subdued in the near future, against the backdrop of a challenging environment in form of economy slowdown, increasing substitution from plastic pipes, and high metal prices. By the year 2015, global market for Copper pipes and Tubes is projected to cross 3.6 million metric tons, with major share of growth emanating from emerging markets of Asia-Pacific and Eastern Europe.

Copper Pipes & Tubes: A Global Strategic Business Report

Properties of copper such as excellent thermal conductivity, corrosion resistance, and machinability enable application of pipes across various end-use markets such as plumbing, air conditioning & refrigeration, and other industrial applications. Though copper is one of the ideal materials for plumbing applications, rapid increase in price has led to substitution by competing materials, mainly steel and various plastic pipes. However, the metal's inherent strengths such as corrosion resistance and durability, and high thermal efficiency are expected to drive recovery in the coming years. Additionally, the bactericidal property of copper is gaining importance worldwide, which is also expected to drive demand in the global copper pipes and tubes market.

Traditionally large markets for copper pipes and tubes such as North America, Japan, and Western Europe are witnessing negative or flat demand, as stated in a recent report published by Global Industry Analysts, Inc. Growth in the market is projected to emanate from emerging economies in Asia-Pacific, Eastern Europe and Middle east. Despite slowdown in the global economy, these markets are expected to increase significantly over the next few years owing to continuing economic development. China represents the largest as well as the fastest growing market for copper pipes and tubes in the world. Ongoing industrialization and urbanization activity in the region are acting as major growth drivers for copper as well as copper pipes and tubes market.

Some of key players profiled in the study include Cerro Flow Products, Inc, Crane Group Limited, Foshan Shunde Lecong Hengxin Copper Tube Factory, Global Brass and Copper, Inc., Hitachi Cable, Ltd., KME Group S.p.A., Kobelco & Materials Copper Tube, Ltd, Luvata Oy, Mueller Industries, Inc., Ningbo Jintian Copper, and The Furukawa Electric Co., Ltd.

"Copper Pipes & Tubes: A Global Strategic Business Report" published by Global Industry Analysts, Inc., provides a comprehensive review of market dynamics and trends in the Copper Pipes & Tubes market. The report enumerates recent product introductions/innovations, mergers, acquisitions and other strategic industry activities. Analysis is presented for established and emerging markets including the United States, Canada, Japan, France, Germany, the UK, Italy, Spain, Asia-Pacific, and Rest of World.

For more details about this research report, please visit http://www.strategyr.com/Copper_Pipes_and_Tubes_Market_Report.asp.

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs more than 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of more than 60,000 smaller research products including company reports, market trend reports and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press (at) StrategyR (dot) com
Web Site http://www.StrategyR.com

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