Report Overview

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

United States Copper Pipes and Copper Tubes Market size was estimated at USD 6.35 billion in 2023. During the forecast period between 2024 and 2030, United States Copper Pipes and Copper Tubes Market size is projected to grow at a CAGR of 3.7% reaching a value of USD 8.16 billion by 2030. Prominent drivers of the market include the rising urbanization, industrialization, and expanding infrastructure projects. Copper pipes and tubes are essential in construction, especially for plumbing, heating, and cooling systems, owing to their superior conductivity, durability, and corrosion resistance. Additionally, their role in healthcare for transporting oxygen and medical gases, along with increased usage in HVAC systems in residential and commercial sectors, boosts demand. Government initiatives to upgrade infrastructure, growing renovation activities, and their effectiveness in reducing leakage and contamination further drive market growth. The impact of COVID-19 has also elevated the demand for copper pipes and tubes, particularly in healthcare applications.

Copper Pipes and Copper Tubes – Overview

Copper pipes and copper tubes are cylindrical hollow products made from copper or copper alloys, widely used in various industries due to their excellent thermal and electrical conductivity, corrosion resistance, durability, and malleability. Copper pipes are typically used in plumbing, heating, ventilation, and air conditioning (HVAC) systems for transporting water, gas, and refrigerants. Copper tubes, which are generally thinner and more flexible than pipes, are commonly employed in medical gas systems, refrigeration, and industrial applications. Both copper pipes and tubes are valued for their reliability, efficiency, and ability to withstand high temperatures and pressures.

United States Copper Pipes and Copper Tubes Market

Growth Drivers

Policies and Regulations Promoting Sustainable Building Practices

Government policies promoting sustainable building practices are significantly boosting the growth of United States Copper Pipes and Copper Tubes Market. As the construction industry focuses on energy efficiency and eco-friendly materials, copper’s antimicrobial properties, high electrical conductivity, and recyclability make it a vital resource. With 128 applications in commercial building construction, copper contributes to over one-third of the credits recognized by LEED and other sustainability standards. Stricter regulations and incentives are expected to drive demand for copper pipes and tubes. Furthermore, with 16% of the world's economically recoverable copper reserves in the USA, the country can maintain self-sufficiency. The increased focus on recycling enhances copper's appeal, supporting both sustainability goals and ensuring a steady supply for future applications.

Challenges                           

Fluctuating Copper Prices

Highly volatile copper prices could significantly restrain the growth of United States Copper Pipes and Copper Tubes Market. Price volatility, driven by global demand, supply chain disruptions, and geopolitical tensions, creates uncertainties for manufacturers and consumers alike. Higher costs may lead to increased prices for end products, discouraging investments in construction and infrastructure projects. Additionally, businesses may seek alternative materials, further impacting a demand for copper pipes and copper tubes. As a result, inconsistent pricing hampers the overall growth potential of United States Copper Pipes and Copper Tubes Market, challenging the market players’ ability to meet rising demand for sustainable building solutions.

Impact of Escalating Geopolitical Tensions on United States Copper Pipes and Copper Tubes Market

Escalating geopolitical tensions among countries and spreading across regions could have a significant impact on the growth of United States Copper Pipes and Copper Tubes Market. For instance, in October 2024, Iran’s missile attacks on Israel has triggered fear of spreading war across the Middle East region. Iran stated that the attacks were its response to Israel’s increasing offensive operations in neighboring Lebanon to root out Hezbollah. These tensions, including Russia-Ukraine war, can disrupt global supply chains, leading to shortages and increased prices for raw copper. Additionally, uncertainties in international trade relations may result in higher tariffs or restrictions on copper imports, further exacerbating price volatility. Instability can deter investments in construction and infrastructure projects, as businesses may hesitate to commit to copper-based solutions amidst fluctuating costs. Consequently, geopolitical issues pose a substantial challenge to the sustained growth of United States Copper Pipes and Tubes Market.

United States Copper Pipes and Copper Tubes Market

Segmental Coverage

United States Copper Pipes and Copper Tubes Market – By Type

By type, United States Copper Pipes and Copper Tubes Market is divided into Type K Copper Pipe, Type L Copper Pipe, Type M Copper Pipe, Copper DWW, and other segments.

United States Copper Pipes and Copper Tubes Market – By Outer Diameter

Based on outer diameter, United States 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.

United States Copper Pipes and Copper Tubes Market – By Application

On the basis of application, United States 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 holds the highest share of United States Copper Pipes and Copper Tubes Market and is expected to maintain its dominance during the forecast period by application. Copper pipes and tubes play a critical role in HVAC systems due to their exceptional thermal conductivity, making them the ideal choice for refrigerant lines in air conditioning units. Their corrosion resistance enhances the longevity of HVAC systems, ensuring efficient operation over extended periods. Additionally, copper's antimicrobial properties promote healthier indoor air quality by inhibiting the growth of bacteria, viruses, and other pathogens within these systems. The demand for copper pipes and tubes is driven by their superior characteristics—thermal conductivity, corrosion resistance, quick heat transfer, and machinability—making them essential in construction. As HVAC and refrigeration demand rises in residential and commercial sectors, the Copper Pipes and Tubes Market is poised for growth. According to the International Energy Agency (IEA), global energy demand for air conditioning and HVAC systems is projected to reach USD 5.6 billion by 2050, further fueling the growth of  United States Copper Pipes and Tubes Market over the forecast period.

United States Copper Pipes and Copper Tubes Market – By End Use Industry

Based on end user, United States Copper Pipes and Copper Tubes Market is divided into Construction, Automotive, Oil & Gas Industry, Medical, Electronics, and other segments. The construction segment holds the highest share of United States Copper Pipes and Copper Tubes Market by end user, driven by the increasing demand for heating, ventilation, and air conditioning (HVAC) systems. These materials are being widely used in various applications, including HVAC units, fire sprinkler systems, and commercial buildings, due to their malleability, non-pyrogenic properties, and recyclability. Additionally, copper piping is essential for water line systems, vacuum systems, and residential water distribution, further boosting demand in construction. According to the U.S. Census Bureau, construction spending in the United States reached approximately USD 1,677 billion in January 2022, reflecting a 1.3% increase from December. The growth in construction and building projects globally is expected to accelerate the copper pipes and tubes industry's expansion. Consequently, as applications and demand for these materials continue to rise, the market is projected to grow rapidly during the forecast period.

Competitive Landscape

Major players operating in United States Copper Pipes and Copper Tubes Market include Mueller Industries, Wolverine Tube, Wieland, Cerro Flow Products LLC, Plumberstar, JMF Company, ICOOL USA, Inc., Nibco Inc., and Howell Metal Company. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Recent Developments

• In January 2024 - Wieland Group, a Germany-based manufacturer of copper products, announced a USD 500-million investment to expand its East Alton, Illinois facility, enhancing operational efficiency and production of copper components for electric vehicles and renewable energy. Additionally, Wieland acquired two United States-based manufacturers, Concast Metal Products and Randall Bearings, to strengthen its presence in North America.

• In March 2023 - Mueller Streamline, a subsidiary of Mueller Industries, expanded its XHP Copper-Fittings line to include larger 2-⅝ inch fittings, receiving positive feedback in the United States. The new fittings, pressure-rated at 150 bar, address the demands of larger CO2 refrigeration systems, replacing the previously largest 2-⅛ inch fittings.

Scope of the Report

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 Industry

• Medical

• Electronics

• Others

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. United States Copper Pipes and Copper Tubes Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Growth and expansion of construction of industry
         2. Increasing focus on energy efficiency
         3. Advancements in manufacturing Type
         4. Government policies and regulations to promote sustainable building practices
      2. Restraints
         1. Fluctuating copper prices
         2. Competition from alternative materials
         3. Environmental concerns among consumers
      3. Opportunities
         1. Growing demand for green building materials
         2. Expansion of Renewable Energy Sectors
         3. Further innovations in copper manufacturing and applications
      4. Challenges
         1. Decline in economic activity
         2. Shortage of skilled labor in the manufacturing and construction industries
   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. United States Copper Pipes and Copper Tubes Market: Marketing Strategies
5. United States Copper Pipes and Copper Tubes Market: Pricing Analysis
6. United States 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
7. Competitive Landscape
   1. List of Key Players and Their Products
   2. United States Copper Pipes and Copper Tubes Company Market Share Analysis, 2023
   3. Competitive Benchmarking, By Operating Parameters
   4. Key Strategic Developments (Mergers, Acquisitions, Partnerships)
8. Impact of Escalating Geopolitical Tensions on United States Copper Pipes and Copper Tubes Market
9. Company Profiles (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook, and SWOT Analysis)
   1. Mueller Industries
   2. Wolverine Tube
   3. Wieland
   4. Cerro Flow Products LLC
   5. Plumberstar
   6. JMF Company
   7. ICOOL USA, Inc.
   8. Nibco Inc.
   9. Howell Metal Company
   10. Other prominent players
10. Key Strategic Recommendations
11. 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
    5.  Assumptions & Limitations

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

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

List of Figures

Figure 1       United States Copper Pipes and Copper Tubes Segmentation

Figure 2       United States Copper Pipes and Copper Tubes Market Value Chain Analysis

Figure 3       Company Market Share Analysis, 2023

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

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

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

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

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

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

List of Tables      

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

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

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

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

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

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

Table 7        Mueller Industries Company Overview

Table 8        Mueller Industries Financial Overview

Table 9        Wolverine Tube Company Overview

Table 10      Wolverine Tube Financial Overview

Table 11      Wieland Company Overview

Table 12      Wieland Financial Overview

Table 13      Cerro Flow Products LLC Company Overview

Table 14      Cerro Flow Products LLC Financial Overview

Table 15      Plumberstar Company Overview

Table 16      Plumberstar Financial Overview

Table 17      JMF Company Overview

Table 18      JMF Company Financial Overview

Table 19      ICOOL USA, Inc. Company Overview

Table 20      ICOOL USA, Inc. Financial Overview

Table 21      Nibco Inc. Company Overview

Table 22      Nibco Inc. Financial Overview

Table 23      Howell Metal Company Overview

Table 24      Howell Metal Company Financial Overview