Copper Market (By application: Building & Construction, Electrical & Electronics, Industrial Machinery & Equipment, Transportation, Consumer & General Products) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Category : Chemicals and Materials | Delivery Format : PDF | Status: Published | Pages : 160

The global copper market size is expected to reach over US$ 222 Billion by 2026 and forecasted to grow at a CAGR of around 4.6% over time frame 2018 to 2026.

Increasing demand for copper could be met by developments in the mining technology, well-organized designs of ore processing, and finding of new copper reserves. According to the United States Geological Survey (USGS), international copper reserves raised at approx. 720 million tons in 2017 and undiscovered copper reserves are valued to stand at approx. 3,500 million tons. In Europe, the total number of copper reserves is very small, and these reserves fail to meet the gap between demand supply for copper in the region. Copper is the only metal which does not lose its chemical and physical properties after reprocessing. Manufacturers in the region are taking advantage of this and fulling the growing demand for copper with the help of circular economy of copper. The term ‘circular economy of copper’ states to renewable nature of copper led by its reprocess and reusing. The used copper products are recycled to excerpt copper and the removed copper is re-used to manufacture new products.

The market research study on “Copper Market (By application: Building & Construction, Electrical & Electronics, Industrial Machinery & Equipment, Transportation, Consumer & General Products) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026” offers a detailed outlook, strategic recommendations, and insightful viewpoints on the global copper market. The report also analyzes the key players operating in copper market and identifies the key strategies deployed by them along with the market share of leading players.

The global copper market is segmented as below:

Copper market by application

  • Building & Construction
  • Electrical & Electronics
  • Industrial Machinery & Equipment
  • Transportation
  • Consumer & General Products

Copper Market by Geography

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • France
    • Sweden
    • Norway
    • Denmark
    • Netherlands
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • Singapore
    • India
    • Rest of Asia-Pacific
  • Rest of the World
    • UAE
    • Qatar
    • Saudi Arabia
    • South Africa
    • Rest of the World

Some of the major factors driving the growth of this market include upgrading living standards and growing purchasing power of people, mostly in the developing economies, will propel the copper market. The incredible growth in the number of electronic gadgets such as laptops, cell phones, smart devicesand television sets across the globe is increasing the product demand.

By application building & construction, electrical & electronics, industrial machinery & equipment, transportation, consumer & general products. Rising application in the electrical power industry such as wire, cable, residential electric circuits, transformers, plug components, connectors, and motor manufacturing is anticipated to drive its consumption over the forecast period. Furthermore, copper brazing material and copper foils are being gradually used in vacuum electronic devices such as high-frequency tubes, magnetron, and copper printed circuits.

Asia Pacific dominated the global copper market, holding over 65% of the market share in 2017. It was followed by North America as well as Europe. In Asia Pacific, China established a significant share of the copper market in Asia Pacific, in terms of both volume as well as revenue, in 2017. Presence of key copper refineries and copper manufacturers and upsurge demand for construction led by growing urbanization in the nation are fueling the demand for copper in China. The copper market in North America, Europe, and Asia Pacific is anticipated to develop at a high CAGR during the estimated period. Subsequently, the copper market in Latin America and Middle East & Africa is expected to develop at a lethargic pace during the forecast period.

Some of the leading companies operating in the global copper market include Jiangxi Copper Corporation, Tongling Non-Ferrous Metals Group, BHP Bilition, Antofagasta Plc., LS-Nikko Co., Group Mexico, and Aurubis. Other prominent players in the copper market are Vedanta Resources Plc, Freeport McMoRan Inc., Codelco, Rio Tinto, Glencore International AG, and Sumitomo Metal Mining Co. Ltd.


Related Reports

Lignin Market (By Product: Ligno-sulphonates, Organosolv Lignin, Kraft Lignin, Others; By Application: Macromolecules, Aromatics) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

The global lignin market value is expected to reach around US$ 907.1 million by 2026 and forecasted to grow at a CAGR of 2% over the time frame 2019 to 2026. The report provides analysis of global lignin market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year.  Market Insights The worldwide lignin industry is evolving at a good pace, with a favorable develop

Graphene Market (By Product: Graphene nanoplatelets, Graphene oxide, Others; By Application: Electronics, Composites, Energy, Others) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

The global graphene market is forecasted to grow at a CAGR around 38.2% over the forecast time frame 2019 to 2026 and reach around US$ 552.6 million by 2026. The report provides analysis of global Graphene market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year.  Market Insights Increasing demand for lightweight and durable products for different parts, incl

Acetic Acid Market (By Manufacturing Process: Synthetic route{ Methanol carbonylation, Terephthalic/isophthalic acid coproduct, Paraffin oxidation, Oxidation of hydrocarbons, Olefin oxidation}, Biological route; By Application: Vinyl acetate monomer, Monochloroacetic, Acetic anhydride, Terephthalic acid, Acetate esters, Dimethylacetamide, Ketene, Textiles, Others) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

The global acetic acid market size is expected to worth around US$ 16.4 billion by 2026 and forecasted to grow at striking CAGR around 6.2% over the forecast time frame 2019 to 2026, According to Acumen Research and Consulting. The report provides analysis of global acetic acid market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year.  Market Insights Also re

Hydrogen Peroxide Market (By End User: Mining, Chemical, Paper & pulp, Wastewater Treatment and Others) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

According to Acumen Research and Consulting, the global hydrogen peroxide market size is expected to reach around US$ 6.3 billion by 2026 and forecasted to grow at a CAGR of 5.2 % over forecast period 2019 to 2026. Hydrogen peroxide or H2O2 was identified in 1818 as a chemical compound. It is a transparent liquid that is used mainly in diverse sectors because of its superior bleaching properties. This chemical compound is marginally more viscous than wate

Chondroitin Sulfate Market (By Source: Bovine, Swine, Poultry, Shark, Synthetic; By Application: Dietary Supplements, Pharmaceutical, Cosmetics, Veterinary Use) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

According to Acumen Research and Consulting, the global chondroitin sulfate market size is anticipated to worth around US$ 1.5 billion by 2026 and growing at a CAGR of 3.3 % over the forecast time period 2019 to 2026. Chondroitin sulfate is also regarded as glycosaminoglycan sulfated glucose (GAG). Chondroitin sulfate comprises a large alternating sugar chain including glucuronic acid and N-acetylgalactosamine. Chondroitin sulfate is a chemical compound d

Biological Seed Treatment Market (By Product: Microbials, Botanicals and Others; By Function: Seed Enhancement, Seed Protection; By Crop Type: Vegetable Crops, Wheat, Corn, Soybean, Sunflower, Cotton, Others) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

Introduction According to Acumen Research and Consulting, the global biological seed treatment market size is expected to worth around US$ 2 billion by 2026 and to grow at striking CAGR around 11.2 % from 2019 to 2026. The report provides analysis of global Biological Seed Treatment market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year.  Market Ins

Cart Summary