This market research report outlines the market analysis and segmentation of the seamless copper tubes market in the MENA region by application (ACR, industrial heat exchanger, plumbing and electrical) and by finish type (LWC, straight lengths and pancake rolls). It also outlines the market shares of key nations such as KSA, UAE, Iran, Egypt, Rest of GCC and rest of MENA. The key vendors analyzed in the report are Golden Dragon Precise Copper Tube, Luvata, MetTube, Mueller and KMCT.
Technavio’s market research analysts estimate the seamless copper tubes market in the MENA region, to grow at a CAGR of 9% between 2015 and 2019. The increased consumption of seamless copper tubes in air-conditioning and refrigeration that is fueled by construction and real estate growth in countries like KSA and UAE is driving the market growth.
The new market research report from Technavio provides a breakdown and analysis of the seamless copper tubes segments by technology.
“One of the latest trends gaining traction in the seamless copper tubes market is the emergence of copper microgrooves. Microgrooves are well suited to handle the higher pressures of new refrigerants while meeting cost reduction goals and sustainability concerns. The use of copper microgrooves is anticipated to play a fundamental role in the design of sustainable ACR products during the forecast period,” says Chandrakumar BJG, Lead Analyst, Chemicals & Materials, Technavio Research
Currently, level wound coils (LWC) accounts for 39% of the seamless copper tubes market. The LWC grooved and plain coils are mostly used in air-conditioning and refrigeration. By using LWC lined tubes in fin block heat exchangers, the efficiency of the heat exchanger can be increased up to 30% depending on the application.
The key vedors in the seamless copper tubes market in the MENA region include Golden Dragon Precise Copper Tube, Luvata, MetTube, Mueller and KMCT. This market is highly fragmented with the demand catered by many suppliers located across the world. Qaem Copper and Mehrsal in Iran are the major suppliers of seamless copper tubes in the region primarily catering to the local demand in Iran and exporting in smaller quantities to other Middle East countries. The market in MENA depends heavily on imports from Chinese, Malaysian, Japanese, USA and European suppliers as there are no key local suppliers apart from Iran.
A more detailed analysis is available in the Technavio report, Seamless Copper Tubes Market in the MENA Region 2015-2019.
We can customize reports by other regions and specific segments upon request.
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