Copper (Cu) Tubes Market in MENA, 2017


Report
40 Pages
October 2018
Region: Africa, Middle East
Frost & Sullivan
ID: 4659832

11% Growth in HVACR Contributed by Smart Cities is a Key Driver

Opportunity assessment of Copper tubes in MENA covers growth trends and future market potential for copper tubes in the fast growing HVAC segment. LME stabilisation of copper price has made copper tubes projects attractive and increased demand from the HVAC segment has led to OEM expansions. For a new market entrant, it is imperative to note that LME price of copper is very volatile and hedging is required to offset risk. Prudent project management for establishing new plants and new geographic entries is important to offset price fluctuations. OEMs expansion plans to meet attractive HVAC growth rates make this market an attractive entry option.

1. Advisory

Global copper tubes consumption expected to grow at 2% mainly driven by demand from housing and infrastructure development
Global Snapshot
Key Takeaways

2. Scope & Limitations

Key Market Takeaways-MENA
MENA Overview

3. Key Driver in MENA for Cu Tubes

Growth in Demand
Large pool of suppliers will assist the price sensitive MENA market to shift to renewable energy
Copper tubes will continue to be a major component of all cooling equipment in the long term; low threat of competition from substitute material in MENA
MENA has traditionally been an import dependent market; quality and price competitiveness are important criteria to be successful
LME accounts for 80% of cost component and has a direct impact on material carrying cost; copper remains the material of choice in MENA
Long term contracts exist for large OEMs; smaller producers procure 2MT MOQ
Large supplier base – differentiating factors are product quality, specifications, and brand image
Working directly and maintaining touch points with OEMs for product development will ensure higher returns
Successful Entry Strategies
Substitute Material-Aluminium Tubes Penetration to be “Low”, despite Copper’s LME Price Fluctuations
Copper continued to be in use despite LME price fluctuations; replacement threat with aluminium is low in MENA

4. The Industry Going Forward

Compactness and improved quality of ACR systems achieved with the Microgroove technology can make strides in future construction and infrastructure – increased consumption of Copper tubes
Consumption Driver 1
Consumption Driver 2-Mega Cities of the Future
Consumption Driver 3-Future Smart City Projects in the GCC by 2025
40% growth in air conditioner and refrigeration (ACR) due to smart city projects
Developments in GCC
Oil prices adversely impacted government budgets in 2016 and 2017; 5% VAT introduction in 2018 and 2019 as part of corrective measure

5. Recommendations

Decision Makers Spotlight-CEOs Perspective (1/2)
Decision Makers Spotlight-CEOs Perspective (2/2)

6. Appendix

List of Acronyms Used
Annexure-Our Services
Maximize opportunities from existing products and markets; systematically explore new products, markets, including Inorganic Opportunities
Our Growth Consulting Canvas

PURCHASE OPTIONS

Site License PDF

Site License PDF And Hard Copy

Enterprise License PDF

Enterprise License PDF And Hard Copy

need a quote ?

License	Format	Properties	Price
SITE LICENSE PDF	The product is a PDF.	This is a site license, allowing all users within a given geographical location of your organization access to the product.	€1430EUR$1,500USD£1,226GBP
SITE LICENSE PDF and Hard Copy	The product is a PDF. A printed copy will be shipped to you.	This is a site license, allowing all users within a given geographical location of your organization access to the product.	€1906EUR$2,000USD£1,635GBP
ENTERPRISE LICENSE PDF	The product is a PDF.	This is an enterprise license, allowing all employees within your organization access to the product.	€2859EUR$3,000USD£2,453GBP
ENTERPRISE LICENSE PDF and Hard Copy	The product is a PDF. A printed copy will be shipped to you.	This is an enterprise license, allowing all employees within your organization access to the product.	€3336EUR$3,500USD£2,862GBP

Table of Contents

Related Topics

Related Reports

Copper Pipes and Tubes - Global Strategic Business Report

Global Copper Tubes Market by Type (Straight Length, Coils, Pancakes or Flattened Tubes, U-Bends & Drawn Tubes), Thickness (Standard Gauge, Extra Heavy Gauge, Thin Walled Gauge, Capillary Tubes), Application, and Region - Forecast to 2028

2024 Copper Pipes and Tubes Market Outlook Report: Industry Size, Market Shares Data, Insights, Growth Trends, Opportunities, Competition 2023 to 2031

Global Copper Pipes & Tubes Market by Type (DWV, Type K, Type L), Product (Capillary Tubes, Coated Copper Tubes, Seamless Copper Tubes), Outer Diameter, Finished Type, End-User - Forecast 2024-2030

Copper Pipes and Tubes Market Report by Finish Type (LWC Grooved, Straight Length, Pan Cake, LWC Plain), Outer Diameter (3/8, 1/2, 5/8 Inch, 3/4, 7/8, 1 Inch, Above 1 Inch), End-User (HVAC, Industrial Heat Exchanger, Plumbing, Electrical, and Others), and Region 2024-2032