The report "Copper Tubes Market by Type (Straight Length, Coils, Pancakes or Flattened Tubes, U-Bends and Drawn Tubes), Thickness (Standard Gauge, Extra Heavy Gauge, Thin Walled Gauge, Capillary Tubes), Application, and Region- Global Forecast to 2028", is projected to reach USD 54.5 billion by 2028, at a CAGR of 6.3% from USD 40.1 billion in 2023.

The growth of the copper tubes market is primarily driven by global expansion of the construction industry. Expansion of the HVACR sector, coupled with ongoing technological advancements in copper tubes, further contribute to its expansion.

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“HVACR by application is projected to be the largest, in terms of value, during the forecast period.”

HVACR (Heating, Ventilation, Air Conditioning, and Refrigeration) applications hold the largest market share in the copper tubes market primarily due to copper's exceptional thermal conductivity and corrosion resistance properties, which are crucial for efficient heat transfer and long-term durability in these systems. Copper tubes are widely used in HVACR systems for their ability to handle both high and low-temperature conditions, ensuring optimal performance in heating and cooling processes. Additionally, copper's antimicrobial properties make it suitable for use in air conditioning systems where maintaining indoor air quality is essential. Its reliability, versatility, and proven track record in HVACR applications have cemented copper tubes as the preferred choice, driving their dominant market share in this industry.

The copper tubes market is projected to reach USD 54.5 billion by 2028, at a CAGR of 6.3% from USD 40.1 billion in 2023. The market growth is driven by factors such as global expansion of the construction industry, expansion of HVACR sector and continuous technological advancements.

The key players in this market are Mueller Streamline Co.(US), KME Group S.p.A (Italy), Wieland Group (Germany), LUVATA (Finaland), KOBE STEEL, LTD. (Japan), KMCT Corporation (Japan), Shanghai Metal Corporation (China), Quindao Hongtai Copper Co., Ltd. (China), Cerro Flow Products, Inc. (US), POONGSAN CORPORATION (South Korea),etc. These companies are strong in their home regions and explore geographic diversification alternatives to grow their businesses. They focus on increasing their market shares through new product launches and other expansions.

Mueller Streamline Co.

Mueller Streamline Co. is a prominent subsidiary of Mueller Industries, specializing in the manufacture and distribution of copper, plastic, and brass products for various industries. With a rich history dating back to its founding in 1930, the company has consistently demonstrated excellence in providing high-quality plumbing, HVAC, and refrigeration components. Mueller Streamline Co. is renowned for its extensive range of copper tubing and fittings, catering to plumbing professionals and construction projects worldwide. These products ensure reliable and durable plumbing systems. The company offers a comprehensive portfolio of HVAC components, including copper coils, refrigeration lines, and air conditioning connectors, trusted for their efficiency and longevity. Mueller Streamline Co. serves various industrial sectors with precision-engineered brass and plastic products, meeting the demanding requirements of fluid control and transportation systems. Additionally, the company distribute products from other Mueller Industries subsidiaries, showcasing a vast array of offerings that encompass refrigeration valves, HVAC/R protection devices, brass flare fittings, iron fittings, steel pipes, plastic tubing and fittings, plumbing valves, plumbing specialties, and an extensive selection of related items.

Based in Collierville, TN, the company is equipped with an extensive network of manufacturing and distribution centers throughout the United States, Mueller Streamline Co. enjoys a distinctive advantage in the production and rapid delivery of top-tier flow control solutions. With a host of distinctive operations and capabilities, the company’s unwavering dedication lies in providing exceptional value, unparalleled precision, and performance, all while delivering world-class service. Mueller Industries has a global reach serving customers across Europe, North America and the Asia Pacific.