Cupronickel Tubes To Propel The Global Copper Tubes Market
Technavio’s recent research study indicates that the shipment of global copper pipes and tubes market is expected to reach 4.58 million metric tons by 2020...
Technavio’s latest research work titled, ‘Global Copper Pipes and Tubes Market 2016-2020’ presents an in-depth analysis of market growth in terms of revenue and emerging market trends. It has divided the entire market into four segments: HVAC, Industrial Heat Exchanger, Plumbing and Electrical & Others (Table 1)
Copper pipes and tubes market in HVAC segment
The global copper pipes and tubes market in the HVAC segment was estimated at 2.14 million metric tons in 2015. The HVAC segment is the prime consumer of copper pipes and tubes. The segment accounts for a 56% share in the global market. Antimicrobial properties and better thermal conductivity than aluminium have increased the use of copper pipes and tubes in HVAC applications. Further, copper is resistant to corrosion and is malleable.
Rapid growth in the construction sector has increased the demand for HVAC applications. The segment is shifting toward intelligent and energy efficient systems. This shift is anticipated to enhance the use of copper pipes and tubes over other substitutes.
Copper pipes and tubes market in industrial heat exchanger segment
The global copper pipes and tubes market in the industrial heat exchanger segment was estimated at 919,200 metric tons in 2015. The selection of suitable conductive material is a crucial aspect in the design of heat exchangers. These conductive materials are selected based on their thermal conductive properties and heat dissipation properties.
Copper being an exceptional conductor of heat possess desirable properties required for creating thermally efficient and durable heat exchangers. Copper is also resistant to biofouling and corrosion. The metal can withstand high pressure too. Copper’s high thermal expansion, rupture resistance, fatigue strength, specific heat, ease of fabrication, antimicrobial properties have increased its use in many applications.
Copper pipes and tubes market in plumbing segment
The global copper pipes and tubes market in plumbing segment was estimated at 651,100 metric tons in 2015. Copper is preferred over steel and iron pipes and tubes in plumbing applications. Steel and iron pipes used in plumbing are easily corroded over time and are prone to rust. Plastic pipes cannot be used in high-temperature applications.
Copper pipe bores remain smooth with negligible changes on the inside even after being installed for years. This can be interpreted as substantial savings in terms of maintenance and installation.
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