Vietnam
Copper Pipes Market is anticipated to grow robustly in the forecast period 2024-2028. The widespread use of copper pipes and tubes
in the building of residential and commercial refrigeration and air
conditioning systems is expected to grow the Vietnam copper pipes and
tubes market.
Copper
is strong, long-lasting, and naturally bacterial-resistant, rendering copper
pipes and tubes dependable. Everything from small residential residences to the
largest industrial facilities, are all served by it. Owing to its qualities, including
malleability, ductility, high thermal and electrical conductivity,
adaptability, and recyclability, copper is employed as the preferred metal in
the fabrication and production of tubes and pipes.
Extensive Use of Copper Pipes in Buildings
and HVAC Systems
Construction costs have considerably improved
due to the expanding population and quick urbanization. Additionally, high
yield, tensile and fatigue strength of these pipes and tubes, along with their
antibacterial qualities, are essential for the transfer of medicinal gases and
the distribution of water. Since copper pipes are very useful in Vietnam, the
market is expected to grow in the forecast period. For instance, Vietnam was
the world's second-largest exporter of copper pipes in 2020, with an export
of 777 million USD worldwide.
For water distribution networks, copper is an
ideal tube material. While batteries and windings employ copper tubes and
pipelines, electric motors, wiring, busbars, and charging infrastructure use
copper rotors. Copper pipes prevent gases from diffusing through the tube wall
and releasing dangerous compounds into the water. Due to these qualities,
copper pipes and tubes are far superior to other pipeline materials like
stainless steel and PVA (polyvinyl chloride) pipes and tubes.
HVAC systems, plumbing, heat exchangers, and
other devices employ copper pipes and tubes. The market for copper pipes and
tubes is driven by the increasing demand for HVAC, refrigeration, and air
conditioning systems. Due to
its strength, thermal conductivity, and other outstanding qualities, copper
pipes & tubes are increasingly being used in the medical, construction,
electronics, and other sectors, which will significantly boost the copper pipes
& tubes market during the projected period.
Rising Demand of Heart Exchanges &
Adoption of Corrosion-Free Pipes In Vietnam
As copper tubes and pipes are less corrosive,
market players are focusing on copper pipes. Due to their exceptional corrosion
resistance, copper and copper alloy pipes and tubes are frequently employed in
challenging environments and applications. They offer outstanding performance
in several applications requiring resistance to atmospheric exposure, such as
roofing and other architectural usage.
Nowadays, industries are inclined towards
copper pipe application since copper provides several advantages for durable
and practical heat exchangers. This implies that heat can move through
copper fast due to its high thermal conductivity. The resistance to corrosion,
biofouling, maximum permissible stress, and internal pressure of copper are different
qualities that make it an attractive material for heat exchangers.
Due to this trend of using copper pipes and
tubes, the market is growing rapidly with a high CAGR in the future. For
instance, Vietnam became the 26th largest copper pipe importer in the world in
2020, bringing in USD 74.2 Million in copper pipe imports. Copper pipes were
Vietnam's 421st-most-imported goods that year.
However, copper seeping into your drinking water from new
houses' copper pipes might be hazardous. Copper pipes may cost 10 to 15 times
more than other types of pipes when water is left to stand still in them as
copper can leach into the water this are the factors hampering the Vietnam Copper Pipes Market.