Technavio has been monitoring the seamless copper tubes market in MENA and it is poised to grow by 69.18 thousand tons during 2020-2024, progressing at a CAGR of almost 9% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Seamless Copper Tubes Market in MENA 2020-2024 (Graphic: Business Wire)
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Frequently Asked Questions-
- At what rate is the market projected to grow during the forecast period 2020-2024?
- Growing at a CAGR of almost 9%, the market growth will accelerate in the forecast period.
- What is the key factor driving the market?
- Growing consumption in key economies is one of the key factors driving the market growth.
- Who are the top players in the market?
- Furukawa Electric Co. Ltd., Golden Dragon Precise Copper Tube Group Inc., KME Germany GmbH Co. KG, Kobe Steel Ltd., Luvata MMC Copper Products Oy, MetTube Sdn Bhd, Mueller Industries Inc., Multimetals Ltd., Shahid Bahonar Copper Industries Co., and Wieland-Werke AG are some of the major market participants.
- Which region is expected to hold the highest market share?
- Middle East
- What is the year-over-year growth rate of the global market?
- The year-over-year growth rate for 2020 is estimated at 8.43%.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Furukawa Electric Co. Ltd., Golden Dragon Precise Copper Tube Group Inc., KME Germany GmbH Co. KG, Kobe Steel Ltd., Luvata MMC Copper Products Oy, MetTube Sdn Bhd, Mueller Industries Inc., Multimetals Ltd., Shahid Bahonar Copper Industries Co., and Wieland-Werke AG are some of the major market participants. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Seamless Copper Tubes Market in MENA 2020-2024: Segmentation
Seamless Copper Tubes Market in MENA is segmented as below:
- Application
- HVAC
- Industrial Heat Exchanger
- Plumbing
- Electrical and Others
- Geography
- Middle East
- North Africa
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Seamless Copper Tubes Market in MENA 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our seamless copper tubes market in MENA report covers the following areas:
- Seamless Copper Tubes Market in MENA size
- Seamless Copper Tubes Market in MENA trends
- Seamless Copper Tubes Market in MENA analysis
This study identifies the rising adoption of cupronickel tubes as one of the prime reasons driving the seamless copper tubes market growth in MENA during the next few years.
Seamless Copper Tubes Market in MENA 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the seamless copper tubes market in MENA, including some of the vendors such as Furukawa Electric Co. Ltd., Golden Dragon Precise Copper Tube Group Inc., KME Germany GmbH Co. KG, Kobe Steel Ltd., Luvata MMC Copper Products Oy, MetTube Sdn Bhd, Mueller Industries Inc., Multimetals Ltd., Shahid Bahonar Copper Industries Co., and Wieland-Werke AG. Backed with competitive intelligence and benchmarking, our research reports on the seamless copper tubes market in MENA are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Seamless Copper Tubes Market in MENA 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist seamless copper tubes market growth in MENA during the next five years
- Estimation of the seamless copper tubes market size in MENA and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the seamless copper tubes market in MENA
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of seamless copper tubes market vendors in MENA
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Market characteristics
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook
- Market outlook: Forecast for 2019 2024
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
- Comparison by Application
- HVAC Market size and forecast 2019-2024
- Industrial heat exchanger Market size and forecast 2019-2024
- Plumbing Market size and forecast 2019-2024
- Electrical and others Market size and forecast 2019-2024
- Market opportunity by Application
Customer landscape
- Overview
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- Middle East Market size and forecast 2019-2024
- North Africa Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Furukawa Electric Co. Ltd.
- Golden Dragon Precise Copper Tube Group Inc.
- KME Germany GmbH Co. KG
- Kobe Steel Ltd.
- Luvata MMC Copper Products Oy
- MetTube Sdn Bhd
- Mueller Industries Inc.
- Multimetals Ltd.
- Shahid Bahonar Copper Industries Co.
- Wieland-Werke AG
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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