Vietnam Copper Pipes Market By Type (L Type, M Type, K Type), By Product (Rods, Wires, Plates, Strips and Tubes), By Outer Diameter (3/8, 1/2, 5/8 Inch, 3/4, 7/8, 1 Inch, above 1 Inch), By Application (HVAC and Refrigeration, Industrial Heat-Exchange Equipment, Plumbing, Others), By End-use (Construction, Automotive, Oil & Gas Industry, Medical, Electronics, & Others),By Region, Competition Foreca

Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Infrastructure | Format: Report available in PDF / Excel Format

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Vietnam Copper Pipes Market By Type (L Type, M Type, K Type), By Product (Rods, Wires, Plates, Strips and Tubes), By Outer Diameter (3/8, 1/2, 5/8 Inch, 3/4, 7/8, 1 Inch, above 1 Inch), By Application (HVAC and Refrigeration, Industrial Heat-Exchange Equipment, Plumbing, Others), By End-use (Construction, Automotive, Oil & Gas Industry, Medical, Electronics, & Others),By Region, Competition Foreca

Vietnam Copper Pipes Market is

Extensive Use of Copper Pipes in Buildings and HVAC Systems

For water distribution networks, copper is an ideal tube material. While batteries and windings employ copper tubes and pipelines, electric motors, wiring, busbars, and charging infrastructure use copper rotors. Copper pipes prevent gases from diffusing through the tube wall and releasing dangerous compounds into the water. Due to these qualities, copper pipes and tubes are far superior to other pipeline materials like stainless steel and PVA (polyvinyl chloride) pipes and tubes.

HVAC systems, plumbing, heat exchangers, and other devices employ copper pipes and tubes. The market for copper pipes and tubes is driven by the increasing demand for HVAC, refrigeration, and air conditioning systems.

Rising Demand of Heart Exchanges & Adoption of Corrosion-Free Pipes In Vietnam

Nowadays, industries are inclined towards copper pipe application since copper provides several advantages for durable and practical heat exchangers. This implies that heat can move through copper fast due to its high thermal conductivity. The resistance to corrosion, biofouling, maximum permissible stress, and internal pressure of copper are different qualities that make it an attractive material for heat exchangers.

Due to this trend of using copper pipes and tubes, the market is growing rapidly with a high CAGR in the future. For instance, Vietnam became the 26th largest copper pipe importer in the world in 2024-2032, bringing in USD 74.2 Million in copper pipe imports. Copper pipes were Vietnam's 421st-most-imported goods that year.

However, copper seeping into your drinking water from new houses' copper pipes might be hazardous. Copper pipes may cost 10 to 15 times more than other types of pipes when water is left to stand still in them as copper can leach into the water this are the factors hampering the

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Market Segmentation

Market player

Recent Developments

  • Commerce released the Preliminary Determination in the LTFV examination of copper pipe and tube from Vietnam. on February 1st, 2024-2032.Commerce delayed the investigation's conclusion until June 16, 2024-2032, on February 8th, 2024-2032.In this inquiry, Hailiang (Vietnam) Copper Manufacturing Company Limited is the only obligatory respondent (Hailiang Vietnam).

Attribute

Details

Base Year

2022

Historic Data

2018– 2024-2032

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, value, and CAGR for 2018 -2022 and 2023 – 2028

Report coverage

Revenue forecast, Company Share, growth factors, and trends

Segments covered

Type

Product

Outer Diameter

Application

Regional scope

Northern Vietnam, Southern Vietnam and Central Vietnam

Key companies profiled

Ruby Copper Vietnam, Ningbo Jintian Copper (Group) Co., Ltd, Kobe Steel Limited, Toan Phat Copper Tube JSC (Vietnam), Cerro Flow Products LLC, Mueller Industry, MM Kembla, Hailiang (Vietnam) Copper Mfg, Jintian Copper (vietnam) Co., Ltd.

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