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Copper Tube Market Share

Report ID: GMI7002
Published Date: Oct 2023
Report Format: PDF

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Copper Tube Market Share

Major players operating in the copper tube industry include:

Mueller Industries, Inc.
Wieland Group
Kobe Steel, Ltd. (Kobe Copper Tube)
KME (KME Group)
Cerro Flow Products, LLC

These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for copper tube was USD 35.19 billion in 2023 and will register over 3.5% CAGR from 2024-2032 due to increasing adoption in various applications worldwide to offer excellent thermal conductivity, corrosion resistance, and durability.

The seamless copper tube product type segment held 58.9% share of the copper tube market in 2022 and is expected to register commendable CAGR from 2023-2032 on account of its advantages, such as high strength, corrosion resistance, as well as smooth and uniform surface.

North America held 39.7% share of the copper tube industry in 2022 and is expected to register appreciable CAGR from 2023-2032 owing to the rapid infrastructure development and renovation projects, along with the presence of robust construction sector in the region.

Mueller Industries, Inc., Wieland Group, Kobe Steel, Ltd. (Kobe Copper Tube), KME (KME Group), and Cerro Flow Products, LLC are some of the major copper tube companies worldwide.