Market Analysis and Insights: Global Copper Market

Copper is one of the oldest metals ever used and has been one of the important materials in the development of civilization. Because of its properties, singularly or in combination, of high ductility, malleability, and thermal and electrical conductivity, and its resistance to corrosion, copper has become a major industrial metal, ranking third after iron and aluminum in terms of quantities consumed.

Due to the COVID-19 pandemic, the global Copper market size is estimated to be worth US$ 241780 million in 2022 and is forecast to a readjusted size of US$ 343900 million by 2029 with a CAGR of 5.1% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Rods & Wires accounting for % of the Copper global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Electrical segment is altered to an % CAGR throughout this forecast period.

Global Copper main players are Aurubis, Jiangxi Copper, Golden Dragon, Wieland, KME Group, Jintian Group, etc. Global top four manufacturers hold a share nearly 10%. Asia-Pacific is the largest market, with a share above 70%.

Global Copper Scope and Market Size

The global Copper market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Copper market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.


Segment by Type


Rods & Wires

Plates & Strips

Tubes

Others


Segment by Application


Electrical

Transportation

Machinery and Metallurgy

Architecture and Art

Others

By Region

United States

Europe

China

Japan

Southeast Asia

India

Other Regions


By Company


Aurubis

Jiangxi Copper

Golden Dragon

Wieland

KME Group

Jintian Group

IUSA

Mueller

Poongsan

TNMG

MKM

Mitsubishi Materials

Hailiang Group

Luvata

CHALCO

Jinchuan Group

Anhui Xinke

Marmon

Xingye Copper

KGHM

Furukawa Electric

Diehl Group

CNMC

HALCOR Group

Olin Brass

IBC Advanced Alloy

ChangChun Group

Mitsui Mining & Smelting

Dowa Metaltech

Nan Ya Plastics