Saudi Arabia Copper Pipes and Tubes Market Size By Type(Copper Pipes, and Copper Tubes), By Application(HVAC and Refrigeration, Industrial Heat-Exchange Equipment, Plumbing), By Finish Type(Straight Length, LWC Grooved, LWC Plain, and Pan Cake), By Outer Diameter Sizes(1/2-inch, 3/4-inch, 7/8-inch, 5/8-inch, 3/8 inch) And Forecast

Saudi Arabia Copper Pipes and Tubes Market Size And Forecast

Saudi Arabia Copper Pipes and Tubes Market size was valued at USD 186.11 Million in 2021, and is estimated to reach USD 242.66 Million by 2030, registering a CAGR of 3.12% from 2023 to 2030.

The Saudi Arabia Copper Pipes and Tubes Market is witnessing significant growth owing to various driving factors such as growing imports of copper pipes, higher demand from the oil & gas industry across the country, and potential benefits of copper pipes & tubes, among others. The Saudi Arabia Copper Pipes and Tubes Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Saudi Arabia Copper Pipes and Tubes Market Executive Summary

Copper is used as the preferred metal in the fabrication and fabrication of pipes and tubes with properties such as malleability, ductility, high thermal and electrical conductivity, versatility, and recyclability. Copper is an excellent pipe material for water distribution. Copper tubes and pipes are used in batteries and windings; and copper rotors are used in electric motors, wiring, busbars, and charging infrastructure. Copper pipes do not release toxic substances into the water and do not allow gases to diffuse through the pipe wall.

An increase in disposable income and sales of HVAC and refrigeration systems are expected to boost the copper pipes and tubes market. A boom in construction and architectural projects is expected to boost demand for copper pipes and tubes used in water distribution networks. Solid copper pipes are used to supply hot and cold water to taps in homes. On the other hand, copper pipes and tubes also have disadvantages that will prove to be a disadvantage for the copper pipes and tubes market.

In addition, condensate often accumulates in the pipes. When this condensation freezes, it blocks the flow of water. Another problem is that copper pipes give the water a faint metallic taste. Therefore, these disadvantages will challenge the growth rate of the Copper Tubes and Pipes market. However, favorable properties include tensile strength, yield strength, high melting point, antimicrobial properties, ease of manufacture, and ease of joining. The growth in demand for thermally efficient heating equipment has led to an increase in demand for raw materials and components such as flexible copper tubes and pipes in Saudi Arabia.

The Saudi Arabia Copper Pipes and Tubes Market is segmented based on Product, Application, Finish Type, and Outer Diameter Sizes. By Product Type, the market is segmented into Copper Pipes, and Copper Tubes. By Finish Type, the market is segmented into Straight Length, LWC Grooved, LWC Plain, and Pan Cake, By Application, the market is segmented into HVAC and Refrigeration, Industrial Heat-Exchange Equipment, Plumbing, and Others. By Outer Diameter Sizes into 1/2-inch, 3/4-inch, 7/8-inch, 5/8-inch, 3/8 inch, 1 Inch, and Above 1 Inch.

Saudi Arabia Copper Pipes and Tubes Market Overview

The market size of the Saudi Arabia Copper Pipes and Tubes Market stood at USD 186.11 Million in 2021 and is projected to reach USD 242.66 Million by 2030. The Market is projected to grow at a CAGR of 3.12%. Copper Pipes hold the largest market share in 2021, accounting for 70.53% of the total market size. Furthermore, the Plumbing application segment is projected to grow with a significant CAGR of 3.33% during the forecast period.

Copper had been proven since the early days to possess many good attributes. Now, with the new technology it has a broad range of applications as copper pipes & tubes are used in HVAC & refrigeration, industrial heat exchange equipment, plumbing, and many others. Saudi Arabia Copper Pipes and Tubes Market is segmented into two major classes, Copper Pipes and Copper Tubes, based on type. The Copper Pipes segment is dominating the Saudi Arabia market with the highest market share and is expected to grow substantially and dominate the market throughout the forecast period. This growth is credited to its high demand in construction, Industrial Heat-Exchange Equipment, Plumbing, etc. This high demand for Copper Pipes in these sectors is fueling the growth of the Saudi Arabia Copper Pipes and Tubes Market. Moreover, the Saudi Arabia Copper Pipes and Tubes Market is segmented into four major segments Straight Length, LWC Grooved, LWC Plain, and Pan Cake, based on finish type. The Straight Length segment dominated the market in 2021.

Saudi Arabia Copper Pipes and Tubes Market is segmented into four major applications, HVAC and Refrigeration, Industrial Heat-Exchange Equipment, Plumbing, and Others. The HVAC and Refrigeration segment is dominating the Saudi Arabia market with the highest market share and is expected to grow substantially with a CAGR of 3.03% throughout the forecast period. Also, based on Outer Diameter Sizes, the Saudi Arabia Market is segmented into seven major segments such as 1/2-inch, 3/4-inch, 7/8-inch, 5/8-inch, 3/8 inch, 1 Inch, and Above 1 Inch. The 1/2-inch segment dominated the market in 2021 with a market share of 29.99%.

The Saudi Arabia Copper Pipes and Tubes Market is witnessing significant growth owing to various driving factors such as growing imports of copper pipes, higher demand from the oil & gas industry across the country, and potential benefits of copper pipes & tubes, among others. The demand for copper pipes and tubes is growing significantly across Saudi Arabia, aiding the growing imports from countries around the world. The import rate is higher in Saudi Arabia and it is growing year after year. Saudi Arabia imported Copper Pipes accounted for USD 69.7 Million in 2020, making it the world’s 27th largest importer of Copper Pipes. Copper Pipes were the 326th most imported product in Saudi Arabia in the same year.However, volatile raw material prices, availability of different substitute products in the Saudi Arabia Market, and the rest of other factors might strangle the growth of the Saudi Arabia Copper Pipes and Tubes Market over the forecasted period. Moreover, the growing demand from construction and infrastructure development, growing application across industrial equipment, and other factors are creating new opportunities for the Saudi Arabia Copper Pipes and Tubes Market to grow soon.

Saudi Arabia Copper Pipes and Tubes MarketSegmentation Analysis

The Saudi Arabia Copper Pipes and Tubes Market is segmented based on Type, Application, Finish Type, and Outer Diameter Sizes.

Saudi Arabia Copper Pipes and Tubes Market by Type

• Copper Pipes
• Copper Tubes

To Get Summarized Market Report By Type-

On the basis of Type, the market has been segmented into the Copper Pipes, and Copper Tubes. Copper Pipes accounted for the largest market share of 70.53% in 2021, with a market value of USD 131.26 Million, and is projected to grow at a CAGR of 2.56% during the forecast period. Copper Tubes were the second-largest market in 2021, valued at USD 54.85 Million in 2021; it is projected to grow at the highest CAGR of 4.36%. Copper tubing is utilized in indoor plumbing, fire prevention, and some HVAC applications. It comes in both stiff and flexible forms. Type L copper tube is the most prevalent type of copper tubing because it may be utilized in a wider range of applications than Type K copper tube. Copper tube is widely used across refrigeration as copper has superior anti-corrosive qualities. Pipes come into touch with air during the cooling process, causing oxidation within the pipes, when compared to aluminum. Copper can withstand oxidation and corrosion for extended periods, resulting in a longer lifespan for air conditioners.

Saudi Arabia Copper Pipes and Tubes Market by Finish

• Straight Length
• LWC Grooved
• LWC Plain
• Pan Cake

To Get Summarized Market Report By Finish-

On the basis of Finish, the market has been segmented into Straight Length, LWC Grooved, LWC Plain, and Pan Cake. Straight Length accounted for the largest market share of 44.34% in 2021, with a market value of USD 82.53 Million, and is projected to grow at a CAGR of 2.93% during the forecast period. Pan Cake was the second-largest market in 2021, valued at USD 21.62 Million in 2021; it is projected to grow at the highest CAGR of 3.67%. Pancake copper pipe and tube manufactured by using high-grade raw material. The pancake coil is a round, seamless copper tube that has been rolled into a pancake form. Available in a variety of sizes to fit the purpose and in both copper and copper-nickel alloys. Pancake coils are mostly employed in the air conditioning and refrigeration market, but they are also used in other industries including the automotive and medical.

Saudi Arabia Copper Pipes and Tubes Market by Application

• HVAC and Refrigeration
• Industrial Heat-Exchange Equipment
• Plumbing
• Others

To Get Summarized Market Report By Application-

On the basis of Application, the market has been segmented into HVAC and Refrigeration, Industrial Heat-Exchange Equipment, Plumbing, and Others. HVAC and Refrigeration accounted for the largest market share of 43.77% in 2020, with a market value of USD 81.46 Million, and is projected to grow at a CAGR of 3.03% during the forecast period. Industrial Heat-Exchange Equipment was the second-largest market in 2020, valued at USD 56.50 Million in 2020; it is projected to grow at a CAGR of 2.91%. However, Others is projected to grow at the highest CAGR of 3.95%. Heating and HVAC systems use copper tubing, most commonly as a refrigerant line. The copper tube protects the system from dirt, moisture, and corrosion and reduces harmful emissions. These tubes can withstand harsh conditions owing to their excellent mechanical strength and flexibility. Using tube and pipe products, modern technology has successfully exploited the unique qualities of copper and copper alloys. Copper is mainly used in HVAC & refrigeration because of its properties, such as resistance to corrosion, machinability, high level of heat transfer, and consumption of less refrigerant. As a metal, copper is significantly less corrosive than aluminum. When pipes come into contact with air during the cooling process, this oxidation takes place inside the pipes.

Saudi Arabia Copper Pipes and Tubes Market by Outer Diameter Size

• 1/2-inch
• 3/4-inch
• 7/8-inch
• 5/8-inch
• 3/8 inch
• 1 Inch
• Above 1 Inch

To Get Summarized Market Report By outer diameter size-

On the basis of outer diameter size, the market has been segmented into 1/2-inch, 3/4-inch, 7/8-inch, 5/8-inch, 3/8 inch, 1 Inch, and Above 1 Inch. 1/2 inch accounted for the largest market share of 29.99% in 2020, with a market value of USD 55.81 Million, and is projected to grow at a CAGR of 2.07% during the forecast period. 3/4 inch was the second-largest market in 2020, valued at USD 46.92 Million in 2020; it is projected to grow at a CAGR of 2.70%. However, 1 Inch is projected to grow at the highest CAGR of 5.20%. 1 Inch outer diameter size copper pipes and tubes are used in domestic water service and distribution, HVAC, natural gas, and Liquefied petroleum (LP) gas. It is also used for fuel oil, gasoline, oil lines, heater lines, condensers, heat exchangers, radiators, coolers, plumbing, air systems, refrigeration, air conditioning, etc. Additionally, used to connect copper tubes in plumbing systems’ hot and cold-water pipes. Infrastructure development and construction are growing across the Kingdom of Saudi Arabia due to technological advancements, a well-established oil & gas industry, and potential tourism activities including leisure as well as religion. Saudi Arabia invested USD 53 billion various in projects over the next decade through the National Infrastructure Fund (NIF). The investment was intended for the development of areas such as water, transportation, energy, and health. Various attractive factors are fueling the growth of the Saudi Arabia Copper Pipes and Tubes Market during the forecasted period.

Key Players

The major players in the market are; Aurubis AG , Mueller Industries, Mehta Tubes Ltd. , MM Kembla, Techno Cool Co., Coolplus Trading Est, Cannelle Holding, Sawaed International Trading Est, and others.

This section provides company overview, ranking analysis, company regional and industry footprint, and ACE Matrix.

 Company Market Ranking Analysis

The company ranking analysis provides a deeper understanding of the top 3 players operating Copper pipes and tubes market. takes into consideration several factors before providing a company ranking. The five three players for the Copper pipes and tubes market are Mueller Industries, Aurubis AG, and Mehta Tubes Ltd. The factors considered for evaluating these players include company’s brand value, product portfolio (including product variations, specifications, features and price), company presence across major regions, product related sales obtained by the company in recent years and its share in the total revenue. further study the company’s product portfolio based on the technologies adopted or new strategies undertaken by the company to enhance their market presence Saudi Arabia. We also consider the distribution network (online as well as offline) of the company that helps us to understand the company’s presence and foothold in various Copper pipes and tubes markets.

 Company Regional/Industry Footprint

The company’s regional section provides geographical presence, regional level reach, or the respective company’s sales network presence.Apart from this, the industrial footprint section provides a cross-analysis of industry verticals and market players that gives a clear picture of the company landscape concerning the industries they serve their products. The product portfolio of the companies is classified in terms of their diversification as well as the number of products/services that are available. The geographic reach and the market penetration are determined considering the penetration of the company’s products and services in various geographical regions and industries.

 Ace Matrix

This section of the report provides an overview of the company evaluation scenario in the Copper pipes and tubes market. The company evalua