Advanced Materials Market Research Alloy Tubes Market Research Report | Page 3
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copper pipe is used for plumbing, boiler feed lines and similar purposes. Seamless red brass
pipes are corrosion resistant and usually used for water supply. Copper alloy tubes are mainly
used for domestic water distribution and water service as they deliver clean and safe water
owing to its corrosion resistive ability against water. The high thermal strength of copper alloys
makes them formidable in utilizing for heating, ventilating and air conditioning (HVAC) and
refrigeration. Copper alloy tubes are long lasting and corrosion resistant owing to which they are
used in various other sectors such as medical, fire safety and crude oil.
The market of North America is expected to grow over the forecast period owing to the
increasing demand for heat exchangers in various industries such as petrochemical, oil & gas
and chemicals where alloy tubes are used extensively as the medium for the exchange of heat.
The market of Latin America is expected to grow eventually owing to the developing
infrastructure and electrical products and use of copper alloy, stainless steel and nickel alloy
tubes in these two sectors. The demand for the a lloy tubes is anticipated to grow with the
developing economies of Brazil, Argentina, Chile and Columbia. Asia Pacific market is expected
to grow substantially over the forecast period on account of alloy tubes application in the
industries with growing demand in the region such as the chemical, food & beverage, HVAC
and power generation industry. The market is expected to grow in the Middle East & Africa
owing to the application of alloy tubes in oil & gas industry, and new refinery projects
established in this region.
Prominent manufacturers of alloy tubes in the market are Jiangsu Chengde Steel Tube Share
Co. Ltd., Salzgitter Mannesmann Stainless Tubes, Plymouth Tube Company, ISMT Limited,
Continental Steel & Tubes Company and Aesteiron Steels Private Limited.
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