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

Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

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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.

Turns out, people have known copper was pretty awesome for ages! And now, with all our fancy new tech, it's everywhere. You see copper pipes & tubes in all sorts of stuffHVAC & refrigeration, those big industrial heat exchange thingies, plumbing – you name it! Now, if you're looking at the Saudi Arabia Copper Pipes and Tubes Market, it's basically split into two big groupsCopper Pipes and Copper Tubes, makes sense, right? And guess what? Copper Pipes are the big cheese there, owning the biggest slice of the pie. They're expected to keep growing like crazy, mostly because everyone wants them for construction, Industrial Heat-Exchange Equipment, Plumbing, and all that jazz. So yeah, all that demand is what's making the Saudi Arabia Copper Pipes and Tubes Market boom. Oh, and one more thing! When it comes to how the copper is finished, you've got Straight Length, LWC Grooved, LWC Plain, and Pan Cake options. Back in 2021, Straight Length was the most popular.

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 market for copper pipes and tubes in Saudi Arabia is really taking off! We're seeing more and more copper pipes being imported, and the oil & gas industry is a big fan. Plus, copper pipes & tubes have some pretty great benefits. All this is boosting demand in Saudi Arabia, leading to even more imports from all over. In fact, Saudi Arabia imported USD 69.7 Million worth of Copper Pipes in 2020, making them the 27th largest importer worldwide! That year, copper pipes were the 326th most imported product in the country. But, it's not all smooth sailing. Things like fluctuating raw material prices and the availability of alternative products could slow things down. On the bright side, all the new construction and infrastructure projects, plus the increasing use of copper in industrial equipment, are opening up some exciting new opportunities for the Saudi Arabia Copper Pipes and Tubes Market.

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-

Okay, so when we look at the market based on Type, we've basically got two main playersCopper Pipes and Copper Tubes. In 2021, Copper Pipes were the big dogs, grabbing a whopping 70.53% of the market share, which translates to about USD 131.26 Million. We're expecting them to keep growing, but at a more modest pace of 2.56% annually. Now, Copper Tubes came in second, ringing up USD 54.85 Million in 2021. But here's the interesting partthey're actually predicted to grow faster, with a CAGR of 4.36%! You'll find copper tubing all over the place – think indoor plumbing, fire safety systems, and even some HVAC setups. Plus, it’s super versatile because you can get it in both rigid and bendable forms. A popular choice is Type L copper tube because it's so adaptable. And speaking of versatility, copper is a winner in refrigeration because it's got awesome anti-corrosion properties. Unlike aluminum, copper can handle oxidation and corrosion for way longer, which means your air conditioners last longer!

Saudi Arabia Copper Pipes and Tubes Market by Finish

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

To Get Summarized Market Report By Finish-

When we look at the Finish of these copper pipes and tubes, the market breaks down into categories like Straight Length, LWC Grooved, LWC Plain, and Pan Cake. Straight Length was the big winner in 2021, grabbing a whopping 44.34% of the market, which translates to about USD 82.53 Million! We're expecting it to keep growing at a steady pace of 2.93% over the next few years. But don't count out Pan Cake! It came in second place in 2021, pulling in USD 21.62 Million, and it's actually predicted to grow the fastest, clocking in at a 3.67% CAGR. This type of copper pipe and tube is made using really high-grade raw materials. Think of it as a round, seamless copper tube all rolled up like a pancake! You can find it in different sizes and made from either copper or copper-nickel alloys, depending on what you need. While you'll mostly see these pancake coils in air conditioning and refrigeration systems, they also pop up in other industries like automotive and even medical applications.

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-

Think about how copper tubing is used in different applications – that's how the market is broken down. We're talking HVAC and Refrigeration, Industrial Heat-Exchange Equipment, Plumbing, and "Others." HVAC and Refrigeration really dominate, making up a whopping 43.77% of the market in 2020, which was about USD 81.46 Million. Experts predict a growth of 3.03% for them. Industrial Heat-Exchange Equipment came in second place in 2020, valued at USD 56.50 Million, and is expected to grow by 2.91%. But get this – the "Others" category is actually predicted to grow the fastest, at 3.95%! Now, why all this copper? Well, in heating and HVAC systems, copper tubing is a workhorse, especially as a refrigerant line. It shields the system from nasty stuff like dirt, moisture, and corrosion, and even cuts down on harmful emissions. Copper's a tough cookie, able to handle tough conditions thanks to its strength and flexibility. Thanks to cool tech, we’re really tapping into what copper and its alloys can do. Copper shines in HVAC & refrigeration because it resists corrosion, is easy to work with, transfers heat really well, and doesn't need much refrigerant. Plus, copper is less likely to corrode than aluminum. When pipes get exposed to air during cooling, that oxidation happens inside the copper.

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-

Now, when we talk about size, the market breaks down into pipes with outer diameters like 1/2-inch, 3/4-inch, 7/8-inch, 5/8-inch, 3/8 inch, 1 Inch, and even Above 1 Inch. Believe it or not, 1/2-inch pipes were the biggest deal in 2020, grabbing a whopping 29.99% of the market – that's USD 55.81 Million! And they're expected to keep growing, though at a modest 2.07% each year. 3/4-inch pipes were a close second, pulling in USD 46.92 Million in 2020, with a projected growth of 2.70%. But here's a twist – the 1 Inch size is predicted to grow the fastest, zooming ahead at 5.20% annually! You'll find those 1 Inch copper pipes and tubes all over the place – in your home's water system, your HVAC, carrying natural gas, or even Liquefied petroleum (LP) gas. Plus, they're used for fuel oil, gasoline, oil lines, heater lines, condensers, heat exchangers, radiators, coolers, plumbing, air systems, refrigeration, air conditioning, etc., connecting copper tubes in hot and cold-water pipes. What's driving all this? Well, Saudi Arabia's infrastructure is booming, thanks to new technology, a strong oil & gas sector, and growing tourism. They're pouring USD 53 billion into things like water, transportation, energy, and health over the next ten years! So, yeah, lots of good stuff is pushing the Saudi Arabia Copper Pipes and Tubes Market forward.

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

Okay, so to figure out who's really on top in the Copper pipes and tubes game, we dug deep into the top 3 players. It's not just a guess; we look at a bunch of things before deciding on a ranking. For this market, we focused on Mueller Industries, Aurubis AG, and Mehta Tubes Ltd. What did we consider? Think about their brand reputation, what kinds of products they offer (everything from variations and specs to features and price), and where they're selling those products. We also looked at how well their products have sold lately and their cut of the overall revenue. We further study how they're innovating, like new technologies or strategies they're using to get bigger in places like Saudi Arabia. And last but not least, we checked out their distribution setup, both online and offline, to get a handle on how strong their presence is in different 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

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