Copper Market 2020 Global Industry Analysis, Size, Growth, Trends, Share and Forecast 2026
The global copper market was estimated to be valued at USD XX million in 2018 and is projected to reach USD XX million/billion by 2025, at a CAGR of XX% during 2018 to 2025. Scope of global copper market includes by type (primary copper, secondary copper), by form (rods, plates, sheets & strips, tubes, bars & sections, others), by end-use industry (construction, automotive, electrical & electronics, power generation, others), and by region (North America- U.S., Canada; Europe- U.K., France, Germany; Asia-Pacific- China, Japan, India; Latin America- Brazil, Mexico; Middle East & Africa- South Africa, Saudi Arabia).
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Copper is a chemical element with the symbol Cu. It is a soft, malleable, and ductile metal with very high thermal and electrical conductivity. Copper\'s most common use is in electrical equipment such as wiring and motors. Because it corrodes slowly, copper is used in roofing, guttering, and as rainspouts on buildings. It is also used in plumbing and in cookware and cooking utensils.
Increasing application of copper in end-use industries, new power generation techniques, and advance methods to extract copper ores are major factors driving the Copper market across the globe. However, raw material supply shortage and rising cost of copper are some of the significant factors hindering the growth of the market.
The global copper market is primarily segmented by type, form, end-use industry, and region.
On the basis of type, the market is split into:
* Primary Copper
* Secondary Copper
Based on form, the market is divided into:
* Rods
* Plates
* Sheets & Strips
* Tubes
* Bars & Sections
* Others
Based on the end-use industry, the market is segmented into:
* Construction
* Automotive
* Electrical & Electronics
* Power Generation
* Others
Moreover, the market is classified across regions and countries as follows:
* North America- U.S., Canada
* Europe- Russia, U.K., France, Germany, Italy
* Asia-Pacific- China, Japan, India, Australia
* Latin America- Brazil, Mexico
* Middle East & Africa- South Africa, Egypt, Saudi Arabia
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Key Market Players:
The key players profiled in the market include:
* Mueller Ind
* Jiangxi Copper Corporation
* Poongsan
* GB Holding
* CHALCO
* Mitsubishi Materials
* Furukawa Electric
* Xingye Copper
* CNMC
* Valjaonica bakra Sevojno
* NBM Metals
* Storm Power Components
* Storm Power Components
* Poongsan Corporation
* MKM Enterprises
* Henan Chalco Aluminium Fabrication Co., Ltd.
* Aviva Metals
* Sevojno Copper Mill
* Rajshree Metals
* Sagar Deep Alloys Ltd.
These enterprises are focusing on growth strategies, such as new product launches, expansions, acquisitions, and agreements & partnerships to expand their end-use industry across the globe.
Key Benefits of the Report:
* Global, regional, country, product type, end-use industry, and form market size and their forecast from 2014-2025
* Identification and detailed analysis on key market dynamics, such as, drivers, restraints, opportunities, and challenges influencing growth of the market
* Detailed analysis on industry outlook with market specific Porter’s Five Forces analysis, PESTLE analysis, and Value Chain, to better understand the market and build expansion strategies
* Identification of key market players and comprehensively analyze their market share and core competencies, detailed financial positions, key products, and unique selling points
* Analysis on Key players’ strategic initiatives and competitive developments, such as joint ventures, mergers, sales contracts, and new product launches in the market
* Expert interviews and their insights on market shift, current and future outlook, and factors impacting vendors’ short term and long term strategies
* Detailed insights on emerging regions, product type, end-use industry, and form with qualitative and quantitative information and facts
* Identification of the key patents filed in the field of copper
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Target Audience:
* Copper manufacturer & Technology Providers
* Traders, Importers, and Exporters
* Raw Material Suppliers and Distributors
* Research and Consulting Firms
* Government and Research Organizations
* Associations and Industry Bodies
Research Methodology:
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective, such as, analyst reports of investment banks. The secondary research is the primary base of our study wherein we conducted extensive data mining, referring to verified data sources, such as, white papers, government and regulatory published articles, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factors, recent investments, market dynamics including technical growth scenario, consumer behavior, and end use trends and dynamics, and production capacity were taken into consideration. Different weightages have been assigned to these parameters and quantified their market impacts using the weighted average analysis to derive the market growth rate.
The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs), which typically include:
* Manufacturers
* Suppliers
* Distributors
* Raw Material Providers
* Government Body & Associations
* Research Institutes