Lewes, DE -- (SBWIRE) -- 05/18/2016 -- Report forecast the global copper pipes and tubes market to grow at a CAGR of 3.64% during the period 2016-2020.

The growth in expenditure on construction is expected to increase the use of copper tubes, pipes, wires, and other mill products in plumbing and electrical applications. Increased investments in infrastructure development, especially in the developing countries, will further increase the demand for copper. In addition, developments in global manufacturing output are anticipated to boost the use of copper in industrial machinery, transportation equipment, domestic appliances, and other durable goods.

The report covers the present scenario and the growth prospects of the global copper pipes and tubes market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of copper pipes and tubes.

The market is divided into the following segments based on geography:
- APAC
- Europe
- North America
- ROW

According to the report, a key driver for growth is the high demand from the HVAC segment. Growing population, rise in new home sales, increasing construction expenditures, and growing industrialization are the prime factors that are driving the market for HVAC equipment. This high growth is expected to foster the market for copper pipes and tubes during the forecast period.

Further, the report states that a challenge that could adversely impact the growth of this market is the volatile costs of raw materials.

Global Copper Pipes and Tubes Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Copper Pipes and Tubes Market: KME, KMCT, Luvata, MetTube, and Mueller.

Other Prominent Vendors in the market are: Cerroflow Products, Furukawa Metal, Golden Dragon, Mehta Tubes, Qinddao Hongtai Metal, and Shanghai Hailiang Copper Tubes.

Market driver
- High demand from the HVAC sector
- For a full, detailed list, view our report

Market challenge
- Volatile costs of raw materials
- For a full, detailed list, view our report

Market trend
- Rising adoption of cupronickel tubes
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 65 pages and 40 Exhibit "Global Copper Pipes & Tubes Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by finish type, Market segmentation by outer diameter, Market segmentation by end-user segment, Market segmentation by geography, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-copper-pipes-tubes-market-2016-2020

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