PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1584578
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1584578
United States Copper Pipes and Copper Tubes Market, By Type; By Outer Diameter; By Finish; By Application; By End Use Industry, Trend Analysis, Competitive Landscape & Forecast, 2019-2030
United States Copper Pipes and Copper Tubes Market to Surpass Value of USD 8 Billion by 2030
United States Copper Pipes and Copper Tubes Market is booming primarily due to a spurring demand from burgeoning construction industry, coupled with a growing focus on energy efficiency, advancements in manufacturing techniques, and government policies promoting sustainable building practices.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated United States Copper Pipes and Copper Tubes Market size by value at USD 6.35 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects United States Copper Pipes and Copper Tubes Market size to expand at a CAGR of 3.7% reaching a value of USD 8.16 billion by 2030. The Copper Pipes and Copper Tubes Market in United States is propelled by accelerating urbanization and industrialization, along with expanding construction and infrastructure development projects. Copper pipes and tubes are highly valued for their durability, corrosion resistance, and excellent conductivity, making them essential in building systems for plumbing, heating, and cooling. Additionally, their non-reactive nature makes them ideal for transporting gases, especially in healthcare applications. The increasing demand for HVAC systems in both residential and commercial sectors, coupled with government efforts to modernize infrastructure, is further fueling market expansion. Moreover, copper's ability to minimize leakage and contamination has heightened its appeal across industries, particularly in response to rising healthcare needs post COVID-19 pandemic.
Construction Segment Holds Largest Market Share
The construction segment accounts for the highest share in United States Copper Pipes and Copper Tubes Market by end user, due to the growing demand for HVAC systems and other applications. Copper's unique properties, such as malleability, non-pyrogenicity, and recyclability, make it a preferred choice for these applications. The increasing spending on construction, coupled with the global growth in building projects, is expected to fuel the expansion of United States Copper Pipes and Tubes Market in the coming years. The other major end user segments of United States Copper Pipes and Copper Tubes Market include automotive, oil & gas industry, medical, and electronics.
Impact of Escalating Geopolitical Tensions on United States Copper Pipes and Copper Tubes Market
Intensifying geopolitical tensions could have a multifaceted impact on United States Copper Pipes and Copper Tubes Market. For instance, in October 2024, Iran's missile attacks on Israel has spread war across the Middle East region. Iran stated that the attacks were its response to Israel's increasing offensive operations in neighboring Lebanon to root out Hezbollah. Disruptions in global supply chains due to escalating tensions, including Russia-Ukraine war, could lead to shortages and increased prices for raw copper. Furthermore, uncertainty in international trade relations may result in higher tariffs or restrictions on copper imports, further exacerbating price volatility. The instability can deter investments in construction and infrastructure projects, as businesses may be hesitant to commit to copper-based solutions amidst fluctuating costs. Consequently, geopolitical issues pose a substantial challenge to the sustained growth of United States Copper Pipes and Tubes Market.
Competitive Landscape
United States Copper Pipes and Copper Tubes Market is highly fragmented, with numerous players serving the market. The key players dominating United States Copper Pipes and Copper Tubes Market include Mueller Industries, Wolverine Tube, Wieland, Cerro Flow Products LLC, Plumberstar, JMF Company, ICOOL USA, Inc., Nibco Inc., and Howell Metal Company. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge in the overall market.
The report's in-depth analysis provides information about growth potential, upcoming trends, and United States Copper Pipes and Copper Tubes Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in United States Copper Pipes and Copper Tubes Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. United States Copper Pipes and Copper Tubes Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Growth and expansion of construction of industry
- 3.2.1.2. Increasing focus on energy efficiency
- 3.2.1.3. Advancements in manufacturing Type
- 3.2.1.4. Government policies and regulations to promote sustainable building practices
- 3.2.2. Restraints
- 3.2.2.1. Fluctuating copper prices
- 3.2.2.2. Competition from alternative materials
- 3.2.2.3. Environmental concerns among consumers
- 3.2.3. Opportunities
- 3.2.3.1. Growing demand for green building materials
- 3.2.3.2. Expansion of Renewable Energy Sectors
- 3.2.3.3. Further innovations in copper manufacturing and applications
- 3.2.4. Challenges
- 3.2.4.1. Decline in economic activity
- 3.2.4.2. Shortage of skilled labor in the manufacturing and construction industries
- 3.2.1. Growth Drivers
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. United States Copper Pipes and Copper Tubes Market: Marketing Strategies
5. United States Copper Pipes and Copper Tubes Market: Pricing Analysis
6. United States Copper Pipes and Copper Tubes Market Overview
- 6.1. Market Size & Forecast, 2019-2030
- 6.1.1. By Value (USD Million)
- 6.2. Market Share & Forecast
- 6.2.1. By Type
- 6.2.1.1. Type K Copper Pipe
- 6.2.1.2. Type L Copper Pipe
- 6.2.1.3. Copper DWW
- 6.2.1.4. Type M Copper Pipe
- 6.2.1.5. Others
- 6.2.2. By Outer Diameter
- 6.2.2.1. 3/8 inch
- 6.2.2.2. 1/2 inch
- 6.2.2.3. 5/8 inch
- 6.2.2.4. 3/4 inch
- 6.2.2.5. 7/8 inch
- 6.2.2.6. 1 inch
- 6.2.2.7. Above 1 inch
- 6.2.3. By Finish
- 6.2.3.1. LWC Grooved
- 6.2.3.2. Straight Length
- 6.2.3.3. LWC Plain
- 6.2.3.4. Pan Cake
- 6.2.4. By Application
- 6.2.4.1. HVAC & Refrigerant
- 6.2.4.2. Plumbing
- 6.2.4.3. Refrigerant Gas Transportation
- 6.2.4.4. Medical Gas Transportation
- 6.2.4.5. Heat Exchange Equipment
- 6.2.4.6. Water Supply System
- 6.2.4.7. Others
- 6.2.5. By End Use Industry
- 6.2.5.1. Construction
- 6.2.5.2. Automotive
- 6.2.5.3. Oil & Gas Industry
- 6.2.5.4. Medical
- 6.2.5.5. Electronics
- 6.2.5.6. Others
- 6.2.1. By Type
7. Competitive Landscape
- 7.1. List of Key Players and Their Products
- 7.2. United States Copper Pipes and Copper Tubes Company Market Share Analysis, 2023
- 7.3. Competitive Benchmarking, By Operating Parameters
- 7.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships)
8. Impact of Escalating Geopolitical Tensions on United States Copper Pipes and Copper Tubes Market
9. Company Profiles (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook, and SWOT Analysis)
- 9.1. Mueller Industries
- 9.2. Wolverine Tube
- 9.3. Wieland
- 9.4. Cerro Flow Products LLC
- 9.5. Plumberstar
- 9.6. JMF Company
- 9.7. ICOOL USA, Inc.
- 9.8. Nibco Inc.
- 9.9. Howell Metal Company
- 9.10. Other prominent players
10. Key Strategic Recommendations
11. Research Methodology
- 11.1. Qualitative Research
- 11.1.1. Primary & Secondary Research
- 11.2. Quantitative Research
- 11.3. Market Breakdown & Data Triangulation
- 11.3.1. Secondary Research
- 11.3.2. Primary Research
- 11.4. Breakdown of Primary Research Respondents
- 11.5. Assumptions & Limitations
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
List of Figures
- Figure 1 United States Copper Pipes and Copper Tubes Segmentation
- Figure 2 United States Copper Pipes and Copper Tubes Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2023
- Figure 4 United States Copper Pipes and Copper Tubes Market Size, By Value (USD Million), 2019-2030
- Figure 5 United States Copper Pipes and Copper Tubes Market Share, By Type, By Value (USD Million), 2019-2030
- Figure 6 United States Copper Pipes and Copper Tubes Market Share, By Outer Diameter, By Value (USD Million), 2019-2030
- Figure 7 United States Copper Pipes and Copper Tubes Market Share, By Finish, By Value (USD Million), 2019-2030
- Figure 8 United States Copper Pipes and Copper Tubes Market Share, By Application, By Value (USD Million), 2019-2030
- Figure 9 United States Copper Pipes and Copper Tubes Market Share, By End use Industry, By Value (USD Million), 2019-2030
List of Tables
- Table 1 United States Copper Pipes and Copper Tubes Market Size, By Value (USD Million), 2019-2030
- Table 2 United States Copper Pipes and Copper Tubes Market Share, By Type, By Value (USD Million), 2019-2030
- Table 3 United States Copper Pipes and Copper Tubes Market Share, By Outer Diameter, By Value (USD Million), 2019-2030
- Table 4 United States Copper Pipes and Copper Tubes Market Share, By Finish, By Value (USD Million), 2019-2030
- Table 5 United States Copper Pipes and Copper Tubes Market Share, By Application, By Value (USD Million), 2019-2030
- Table 6 United States Copper Pipes and Copper Tubes Market Share, By End use Industry, By Value (USD Million), 2019-2030
- Table 7 Mueller Industries Company Overview
- Table 8 Mueller Industries Financial Overview
- Table 9 Wolverine Tube Company Overview
- Table 10 Wolverine Tube Financial Overview
- Table 11 Wieland Company Overview
- Table 12 Wieland Financial Overview
- Table 13 Cerro Flow Products LLC Company Overview
- Table 14 Cerro Flow Products LLC Financial Overview
- Table 15 Plumberstar Company Overview
- Table 16 Plumberstar Financial Overview
- Table 17 JMF Company Overview
- Table 18 JMF Company Financial Overview
- Table 19 ICOOL USA, Inc. Company Overview
- Table 20 ICOOL USA, Inc. Financial Overview
- Table 21 Nibco Inc. Company Overview
- Table 22 Nibco Inc. Financial Overview
- Table 23 Howell Metal Company Overview
- Table 24 Howell Metal Company Financial Overview
