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India Copper Pipes And Copper Tubes Market
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India Copper Pipes And Copper Tubes Market

Home Chemicals And Materials India Copper Pipes And Copper Tubes Market

India Copper Pipes and Copper Tubes Market, By Type (Type K Copper Pipe, Type L Copper Pipe, Copper DWW, Type M Copper Pipe, Others); By Outer Diameter (3/8 inch, ½ inch, 5/8 inch, 3/4 inch, 7/8 inch, 1 inch, Above 1 inch); By Finish (LWC Grooved, Straight Length, LWC Plain, Pan Cake); By Application (HVAC & Refrigerant, Plumbing, Refrigerant Gas Transportation, Medical Gas Transportation, Heat Exchange Equipment, Water Supply System, Others); By End Use Industry (Construction, Automotive, Oil & Gas, Medical, Electronics, Others); By Region (North India, South India, East India, West India), Trend Analysis, Competitive Landscape & Forecast, 2019–2030

  • Published Date: October 2024
  • Report ID: BWC24805
  • Available Format: PDF
  • Page: 114

Report Overview

Increased demand in HVAC, plumbing infrastructure expansion, automotive sector growth, large-scale infrastructure projects, and rising investments in renewable energy drive the growth of India Copper Pipes and Copper Tubes Market during the forecast period between 2024 and 2030.

India Copper Pipes and Copper Tubes Market – Industry Trends & Forecast Report, 2030

India Copper Pipes and Copper Tubes Market size by value was estimated at USD 1.73 billion in 2023. During the forecast period between 2024 and 2030, India Copper Pipes and Copper Tubes Market size is expected to expand at a CAGR of 5.10% reaching a value of USD 2.42 billion by 2030. The driving factors of India Copper Pipes and Copper Tubes Market include rising demand from the HVAC and refrigeration industries due to their superior thermal conductivity and corrosion resistance. The expanding construction sector, coupled with increasing urbanization and infrastructure development, is boosting demand for plumbing applications. Additionally, growth in the renewable energy sector, particularly solar water heating systems, and government initiatives promoting smart cities and efficient building solutions further contribute to the market's growth in India.

India Copper Pipes and Copper Tubes Market

Copper Pipes and Copper Tubes – Overview

Copper pipes and tubes are essential components in various industries, including plumbing, HVAC (heating, ventilation, and air conditioning), and industrial applications. Known for their excellent thermal and electrical conductivity, durability, and corrosion resistance, they are widely used for transporting water, gas, and refrigerants. Copper's antimicrobial properties also make it suitable for medical and food processing environments. These pipes and tubes come in various diameters and thicknesses, catering to different needs and ensuring efficient system performance.

India Copper Pipes and Copper Tubes Market

Growth Drivers

Growing HVAC Industry

The growing HVAC industry significantly drives India Copper Pipes and Copper Tubes Market. Copper's excellent thermal conductivity makes it ideal for HVAC systems, including heat exchangers, condensers, and evaporators. As the HVAC sector expands due to rising population levels, new home sales, and industrialization, the demand for copper pipes and tubes increases. This trend contributes to the overall growth of the copper pipes and tubes market in India.

Challenges

High Fluctuations in Copper Prices

Highly volatile copper prices could significantly restrain the growth of India Copper Pipes and Copper Tubes Market. Fluctuations in copper prices, driven by global economic conditions, mining output, and trade policies, could lead to unpredictable production costs for manufacturers of copper pipes and copper tubes. These fluctuations make it challenging for companies to maintain stable pricing, affecting profitability and market growth. Additionally, higher copper prices can increase the overall cost of copper pipes and tubes, making them less competitive compared to alternative materials.

Impact of Escalating Geopolitical Tensions on India Copper Pipes and Copper Tubes Market

Further spreading and intensifying geopolitical tensions among countries across the major regions could adversely affect the growth of India Copper Pipes and Copper Tubes Market. Economic, political, and trade tensions could disrupt global supply chains, leading to shortages of raw materials and increased costs for manufacturers of copper pipes and copper tubes. Additionally, political instability could deter foreign direct investments and affect consumer confidence, leading to reduced spending on copper products. The resulting economic strain could hinder the growth of India Copper Pipes and Copper Tubes Market, despite the rising demand for quality copper pipes and tubes.

India Copper Pipes and Copper Tubes Market

Segmental Coverage

India Copper Pipes and Copper Tubes Market – By Type

By type, India Copper Pipes and Copper Tubes Market is divided into Type K Copper Pipe, Type L Copper Pipe, Copper DWW, Type M Copper Pipe, and other segments. Type L Copper Pipe is the largest segment in India Copper Pipes and Copper Tubes Market by type, due to its versatility and widespread use in plumbing, heating, and HVAC systems. Type L pipes offer a balance between durability and cost-effectiveness, making them ideal for both residential and commercial applications. Their thicker walls compared to Type M pipes ensure better performance in high-pressure systems, contributing to the segment's substantial market share across various industries.

India Copper Pipes and Copper Tubes Market Size

India Copper Pipes and Copper Tubes Market – By Outer Diameter

Based on outer diameter, India Copper Pipes and Copper Tubes Market is divided into 3/8 inch, ½ inch, 5/8 inch, 3/4 inch, 7/8 inch, 1 inch, and above 1 inch segments. The 1/2 inch segment is the largest in India Copper Pipes and Copper Tubes Market by outer diameter. The segment’s dominance is driven by its widespread use in air conditioning and refrigeration systems, as well as plumbing applications, due to its ideal balance of size and capacity for efficient fluid transmission. The segment's popularity is also bolstered by the growing construction and real estate industries in India, where 1/2-inch copper pipes are commonly used for water and gas distribution systems.

India Copper Pipes and Copper Tubes Market Share

India Copper Pipes and Copper Tubes Market – By Finish

On the basis of finish, India Copper Pipes and Copper Tubes Market is divided into LWC Grooved, Straight Length, LWC Plain, and Pan Cake segments. The LWC plain segment holds the largest share of India Copper Pipes and Copper Tubes Market by finish. The plain coils are widely used in air conditioning and refrigeration applications due to their ease of installation and ability to handle high-pressure systems. The growing demand for energy-efficient cooling systems, coupled with the expansion of the construction and HVAC (Heating, Ventilation, and Air Conditioning) sectors in India, has driven the prominence of the LWC plain segment in this market.

India Copper Pipes and Copper Tubes Market – By Application

By application, India Copper Pipes and Copper Tubes Market is divided into HVAC & Refrigerant, Plumbing, Refrigerant Gas Transportation, Medical Gas Transportation, Heat Exchange Equipment, Water Supply System, and other segments. The HVAC & refrigerant segment is the largest application in India Copper Pipes and Copper Tubes Market. The segment dominates due to the extensive use of copper pipes and tubes in heating, ventilation, air conditioning, and refrigeration systems. Copper’s excellent thermal conductivity, corrosion resistance, and ease of installation make it a preferred choice for HVAC and refrigerant applications, contributing to significant demand growth, particularly as the country witnesses rapid infrastructure development and increasing demand for energy-efficient cooling systems.

India Copper Pipes and Copper Tubes Market Demand

India Copper Pipes and Copper Tubes Market – By End Use

Based on end use, India Copper Pipes and Copper Tubes Market is divided into Industry, Construction, Automotive, Oil & Gas Industry, Medical, Electronics, and other segments. The construction segment holds the largest share of India Copper Pipes and Copper Tubes Market by end use. Copper pipes and tubes are widely used in building infrastructure for plumbing, heating, ventilation, and air conditioning (HVAC) systems due to their durability, corrosion resistance, and excellent heat conductivity. The rising demand for residential and commercial construction, coupled with urbanization and government initiatives promoting affordable housing, drives the dominance of the construction segment in India Copper Pipes And Tubes Market.

India Copper Pipes and Copper Tubes Market – By Region

Geographically, India Copper Pipes and Copper Tubes Market is divided into North India, South India, East India, and West India. North India is the leading region in India Copper Pipes and Copper Tubes Market, due to its strong demand from the HVAC (heating, ventilation, and air conditioning) and plumbing sectors, driven by rapid urbanization, infrastructure development, and the rising construction of commercial and residential buildings. The region’s industrial growth, coupled with increasing investment in smart city projects, further boosts the consumption of copper pipes and tubes, making North India a key market leader.

India Copper Pipes and Copper Tubes Market Growth

Competitive Landscape

Key players in the highly competitive India Copper Pipes and Copper Tubes Market include Uniflow Copper Tubes, Mehta Tubes Ltd, Nippontube, Fastwell Engineering Pvt Ltd, Jugal Tube Pvt Ltd, Munot Metalloys, Ganpat Industrial Corporation, JF Engineering Products LLP, Kaliraj Impex, and Steelmet Industries. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Scope of the Report

Attributes

Details

Years Considered

Historical Data – 2019–2023

Base Year – 2023

Estimated Year – 2024

Forecast Period – 2024–2030

Facts Covered

Revenue in USD Billion 

Market Coverage

North India, South India, East India, West India

Product/Service Segmentation

Type, Outer Diameter, Finish, Application, End Use Industry, Region

Key Players

Uniflow Copper Tubes, Mehta Tubes Ltd, Nippontube, Fastwell Engineering Pvt Ltd, Jugal Tube Pvt. Ltd, Munot Metalloys, Ganpat Industrial Corporation, JF Engineering Products LLP, Kaliraj Impex, Steelmet Industries

 

By Type

  • Type K Copper Pipe

  • Type L Copper Pipe

  • Copper DWW

  • Type M Copper Pipe

  • Others

By Outer Diameter

  • 3/8 inch

  • ½ inch

  • 5/8 inch

  • 3/4 inch

  • 7/8 inch

  • 1 inch

  • Above 1 inch

By Finish

  • LWC Grooved

  • Straight Length

  • LWC Plain

  • Pan Cake

By Application

  • HVAC & Refrigerant

  • Plumbing

  • Refrigerant Gas Transportation

  • Medical Gas Transportation

  • Heat Exchange Equipment

  • Water Supply System

  • Others

By End Use Industry

  • Construction

  • Automotive

  • Oil & Gas

  • Medical

  • Electronics

  • Others

By Region

  • North India

  • South India

  • East India

  • West India

  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Executive Summary
  3. India Copper Pipes and Copper Tubes Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
        1. Growing HVAC industry
        2. Rising construction activities
        3. Expansion of the automotive industry
      2. Restraints
        1. Fluctuations in copper prices
        2. Availability of substitute
        3. Environmental Concerns related to mining and processing of copper
      3. Opportunities
        1. Government initiatives for smart cities
        2. Innovations in manufacturing processes
        3. Rising adoption of green buildings
      4. Challenges
        1. Fluctuations in raw material availability
        2. Lack of skilled labor for installation and maintenance
    3. Technological Advancements/Recent Developments
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  4. India Copper Pipes and Copper Tubes Market: Pricing Analysis
  5. India Copper Pipes and Copper Tubes Market: Marketing Strategies
  6. India Copper Pipes and Copper Tubes Market Overview
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
        1. Type K Copper Pipe
        2.  Type L Copper Pipe
        3. Copper DWW
        4. Type M Copper Pipe
        5. Others
      2. By Outer Diameter
        1. 3/8 inch
        2. ½ inch
        3. 5/8 inch
        4. 3/4 inch
        5. 7/8 inch
        6. 1 inch
        7. Above 1 inch
      3. By Finish
        1. LWC Grooved
        2. Straight Length
        3. LWC Plain
        4. Pan Cake
      4. By Application
        1. HVAC & Refrigerant
        2. Plumbing
        3. Refrigerant Gas Transportation
        4. Medical Gas Transportation
        5. Heat Exchange Equipment
        6. Water Supply System
        7.  Others
      5. By End Use Industry
        1. Construction
        2. Automotive
        3. Oil & Gas Industry
        4. Medical
        5. Electronics
        6. Others
      6. By Region
        1. North India
        2. South India
        3. East India
        4. West India
  7. North India Copper Pipes and Copper Tubes Market Overview
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Outer Diameter
      3. By Finish
      4. By Application
      5. By End Use Industry
  8. South India Copper Pipes and Copper Tubes Market Overview
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Outer Diameter
      3. By Finish
      4. By Application
      5. By End Use Industry
  9. East India Copper Pipes and Copper Tubes Market Overview
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Outer Diameter
      3. By Finish
      4. By Application
      5. By End Use Industry
  10. West India Copper Pipes and Copper Tubes Market Overview
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Outer Diameter
      3. By Finish
      4. By Application
      5. By End Use Industry
  11. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. India Copper Pipes and Copper Tubes Company Market Share Analysis, 2023
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Development (Mergers, Acquisitions, Partnerships, etc.)
  12. Impact of Escalating Geopolitical Tensions on India Copper Pipes and Copper Tubes Market
  13. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
    1. Uniflow Copper Tubes
    2. Mehta Tubes Ltd
    3. Nippontube
    4. Fastwell Engineering Pvt Ltd
    5. Jugal Tube Pvt Ltd
    6. Munot Metalloys
    7. Ganpat Industrial Corporation
    8. JF Engineering Products LLP
    9. Kaliraj Impex
    10. Steelmet Industries
    11. Other Prominent Players
  14. Key Strategic Recommendations
  15. Research Methodology
    1. Qualitative Research
      1. Primary & Secondary Research
    2. Quantitative Research
    3. Market Breakdown & Data Triangulation
      1. Secondary Research
      2. Primary Research
    4. Breakdown of Primary Research Respondents, By Region
    5. Assumption & Limitation

 

* Financial information of non-listed companies will be provided as per availability

**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable

 

List of Figures

 

Figure 1       India Copper Pipes and Copper Tubes Market Segmentation

Figure 2       India Copper Pipes and Copper Tubes Market Value Chain Analysis

Figure 3       Company Market Share Analysis, 2023

Figure 4       India Copper Pipes and Copper Tubes Market Size, By Value (USD Million), 2019–2030

Figure 5       India Copper Pipes and Copper Tubes Market Share, By Type, By Value (USD Million), 2019–2030

Figure 6       India Copper Pipes and Copper Tubes Market Share, By Outer Diameter, By Value (USD Million), 2019–2030

Figure 7       India Copper Pipes and Copper Tubes Market Share, By Finish, By Value (USD Million), 2019–2030

Figure 8       India Copper Pipes and Copper Tubes Market Share, By Application, By Value (USD Million), 2019–2030

Figure 9       India Copper Pipes and Copper Tubes Market Share, By End Use Industry, By Value (USD Million), 2019–2030

Figure 10     India Copper Pipes and Copper Tubes Market Share, By Region, By Value (USD Million), 2019–2030

Figure 11     North India Copper Pipes and Copper Tubes Market Size, By Value (USD Million), 2019–2030

Figure 12     North India Copper Pipes and Copper Tubes Market Share, By Type, By Value (USD Million), 2019–2030

Figure 13     North India Copper Pipes and Copper Tubes Market Share, By Outer Diameter, By Value (USD Million), 2019–2030

Figure 14     North India Copper Pipes and Copper Tubes Market Share, By Finish, By Value (USD Million), 2019–2030

Figure 15     North India Copper Pipes and Copper Tubes Market Share, By Application, By Value (USD Million), 2019–2030

Figure 16     North India Copper Pipes and Copper Tubes Market Share, By End Use Industry, By Value (USD Million), 2019–2030

Figure 17     South India Copper Pipes and Copper Tubes Market Size, By Value (USD Million), 2019–2030

Figure 18     South India Copper Pipes and Copper Tubes Market Share, By Type, By Value (USD Million), 2019–2030

Figure 19     South India Copper Pipes and Copper Tubes Market Share, By Outer Diameter, By Value (USD Million), 2019–2030

Figure 20     South India Copper Pipes and Copper Tubes Market Share, By Finish, By Value (USD Million), 2019–2030

Figure 21     South India Copper Pipes and Copper Tubes Market Share, By Application, By Value (USD Million), 2019–2030

Figure 22     India Copper Pipes and Copper Tubes Market Share, By End Use Industry, By Value (USD Million), 2019–2030

Figure 23     East India Copper Pipes and Copper Tubes Market Size, By Value (USD Million), 2019–2030

Figure 24     East India Copper Pipes and Copper Tubes Market Share, By Type, By Value (USD Million), 2019–2030

Figure 25     East India Copper Pipes and Copper Tubes Market Share, By Outer Diameter, By Value (USD Million), 2019–2030

Figure 26     East India Copper Pipes and Copper Tubes Market Share, By Finish, By Value (USD Million), 2019–2030

Figure 27     East India Copper Pipes and Copper Tubes Market Share, By Application, By Value (USD Million), 2019–2030

Figure 28     East India Copper Pipes and Copper Tubes Market Share, By End Use Industry, By Value (USD Million), 2019–2030

Figure 29     West India Copper Pipes and Copper Tubes Market Size, By Value (USD Million), 2019–2030

Figure 30     West India Copper Pipes and Copper Tubes Market Share, By Type, By Value (USD Million), 2019–2030

Figure 31     West India Copper Pipes and Copper Tubes Market Share, By Outer Diameter, By Value (USD Million), 2019–2030

Figure 32     West India Copper Pipes and Copper Tubes Market Share, By Finish, By Value (USD Million), 2019–2030

Figure 33     West India Copper Pipes and Copper Tubes Market Share, By Application, By Value (USD Million), 2019–2030

Figure 34     West India Copper Pipes and Copper Tubes Market Share, By End Use Industry, By Value (USD Million), 2019–2030

 

List of Tables

 

Table 1      India Copper Pipes and Copper Tubes Market Size, By Value (USD Million), 2019–2030

Table 2      India Copper Pipes and Copper Tubes Market Share, By Type, By Value (USD Million), 2019–2030

Table 3      India Copper Pipes and Copper Tubes Market Share, By Outer Diameter, By Value (USD Million), 2019–2030

Table 4      India Copper Pipes and Copper Tubes Market Share, By Finish, By Value (USD Million), 2019–2030

Table 5      India Copper Pipes and Copper Tubes Market Share, By Application, By Value (USD Million), 2019–2030

Table 6      India Copper Pipes and Copper Tubes Market Share, By End Use Industry, By Value (USD Million), 2019–2030

Table 7      India Copper Pipes and Copper Tubes Market Share, By Region, By Value (USD Million), 2019–2030

Table 8      North India Copper Pipes and Copper Tubes Market Size, By Value (USD Million), 2019–2030

Table 9      North India Copper Pipes and Copper Tubes Market Share, By Type, By Value (USD Million), 2019–2030

Table 10    North India Copper Pipes and Copper Tubes Market Share, By Outer Diameter, By Value (USD Million), 2019–2030

Table 11    North India Copper Pipes and Copper Tubes Market Share, By Finish, By Value (USD Million), 2019–2030

Table 12    North India Copper Pipes and Copper Tubes Market Share, By Application, By Value (USD Million), 2019–2030

Table 13    North India Copper Pipes and Copper Tubes Market Share, By End Use Industry, By Value (USD Million), 2019–2030

Table 14    South India Copper Pipes and Copper Tubes Market Size, By Value (USD Million), 2019–2030

Table 15    South India Copper Pipes and Copper Tubes Market Share, By Type, By Value (USD Million), 2019–2030

Table 16    South India Copper Pipes and Copper Tubes Market Share, By Outer Diameter, By Value (USD Million), 2019–2030

Table 17    South India Copper Pipes and Copper Tubes Market Share, By Finish, By Value (USD Million), 2019–2030

Table 18    South India Copper Pipes and Copper Tubes Market Share, By Application, By Value (USD Million), 2019–2030

Table 19    South India Copper Pipes and Copper Tubes Market Share, By End Use Industry, By Value (USD Million), 2019–2030

Table 20    East India Copper Pipes and Copper Tubes Market Size, By Value (USD Million), 2019–2030

Table 21    East India Copper Pipes and Copper Tubes Market Share, By Type, By Value (USD Million), 2019–2030

Table 22    East India Copper Pipes and Copper Tubes Market Share, By Outer Diameter, By Value (USD Million), 2019–2030

Table 23    East India Copper Pipes and Copper Tubes Market Share, By Finish, By Value (USD Million), 2019–2030

Table 24    East India Copper Pipes and Copper Tubes Market Share, By Application, By Value (USD Million), 2019–2030

Table 25    East India Copper Pipes and Copper Tubes Market Share, By End Use Industry, By Value (USD Million), 2019–2030

Table 26    West India Copper Pipes and Copper Tubes Market Size, By Value (USD Million), 2019–2030

Table 27    West India Copper Pipes and Copper Tubes Market Share, By Type, By Value (USD Million), 2019–2030

Table 28    West India Copper Pipes and Copper Tubes Market Share, By Outer Diameter, By Value (USD Million), 2019–2030

Table 29    West India Copper Pipes and Copper Tubes Market Share, By Finish, By Value (USD Million), 2019–2030

Table 30    West India Copper Pipes and Copper Tubes Market Share, By Application, By Value (USD Million), 2019–2030

Table 31    West India Copper Pipes and Copper Tubes Market Share, By End Use Industry, By Value (USD Million), 2019–2030

Table 32    Uniflow Copper Tubes Company Overview

Table 33    Uniflow Copper Tubes Financial Overview

Table 34    Mehta Tubes Ltd Company Overview

Table 35    Mehta Tubes Ltd Financial Overview

Table 36    Nippontube Company Overview

Table 37    Nippontube Financial Overview

Table 38    Fastwell Engineering Pvt Ltd Company Overview

Table 39    Fastwell Engineering Pvt Ltd Financial Overview

Table 40    Jugal Tube Pvt Ltd Company Overview

Table 41    Jugal Tube Pvt Ltd Financial Overview

Table 42    Munot Metalloys Company Overview

Table 43    Munot Metalloys Financial Overview

Table 44    Ganpat Industrial Corporation Company Overview

Table 45    Ganpat Industrial Corporation Financial Overview

Table 46    JF Engineering Products LLP Company Overview

Table 47    JF Engineering Products LLP Financial Overview

Table 48    Kaliraj Impex Company Overview

Table 49    Kaliraj Impex Financial Overview

Market Segmentation

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Frequently Asked Questions (FAQs):

Ans: India Copper Pipes and Copper Tubes Market size by value was estimated at USD 1.73 billion in 2023.
Ans: India Copper Pipes and Copper Tubes Market by value is expected to grow at a CAGR of 5.10% during the forecast period between 2024 and 2030.
Ans: India Copper Pipes and Copper Tubes Market size is forecast to reach a value of USD 2.42 billion by 2030.
Ans: Growth of India Copper Pipes and Copper Tubes Market is primarily driven by increased demand in HVAC, plumbing infrastructure expansion, automotive sector growth, large-scale infrastructure projects, and rising investments in renewable energy.
Ans: Key players in India Copper Pipes and Copper Tubes Market include Uniflow Copper Tubes, Mehta Tubes Ltd, Nippontube, Fastwell Engineering Pvt Ltd, Jugal Tube Pvt Ltd, Munot Metalloys, Ganpat Industrial Corporation, JF Engineering Products LLP, Kaliraj Impex, and Steelmet Industries.
Ans: The construction segment accounts for the highest market share of India Copper Pipes and Copper Tubes Market by end use industry.