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Copper Market to Account for US$171.96 bn by 2023

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Transparency Market Research has published a new market report titled “Copper Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.” According to the report, the global copper market was valued at US$ 138.05 Bn in
Transparency Market
Research
Copper Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2015 - 2023
Published Date
09-03-2016
182 Page Report
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Press Release
Copper Market to Account for US$171.96 bn by 2023,
Construction to Remain Largest Application Segment
Transparency Market Research
State Tower,
90, State Street, Suite 700.
Albany, NY 12207
United States
www.transparencymarketresearch.com
[email protected]
Copper Market
REPORT DESCRIPTION
Transparency Market Research has published a new market report titled “Copper Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.” According to the report, the global copper
market was valued at US$ 138.05 Bn in 2014 and is anticipated to reach US$ 171.96 Bn by 2023,
expanding at a CAGR of 4.9% between 2015 and 2023.
Copper is a soft metal with excellent ductile and malleable properties. It has high electrical and thermal
conductivity. Copper is used extensively in various industrial application due to its conductivity and
antibacterial properties. Brass and bronze are two of the most important alloys of copper. Copper’s
malleability and ease of usage in machines during the fabrication process facilitates high production rate
of accurate copper shapes at relatively lower cost than its substitutes.
Increase in infrastructure activities in developing countries is expected to boost the demand for copper in
the next few years. Additionally, advancement in global manufacturing output as in transportation
equipment, industrial machinery, domestic appliances, and other durable goods is estimated to augment
the demand for copper during the forecast period. However, competition from other materials such as
plastic and aluminum is likely to hamper market growth. Nonetheless, ongoing research and development
in green building is projected to open growth opportunities for the copper market in the near future.
Copper metal is traded in various forms such as wire rods; plates, sheets, & strips; and rods, bars, &
sections. In terms of volume, the wire rod segment accounted for more than 55% share of the market in
2014. Copper rods are used in the manufacture of ultra-high voltage, large capacity underground and
submarine cables; magnet wires for electronic parts; and wire harnesses for automobiles. The others
segment includes powder and tube. It held the second-largest share of the global copper market in 2014.
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In terms of volume, construction was the largest application segment of the copper market, accounting for
more than 40% share in 2014. It is also projected to be the fastest-growing segment of the market during
the forecast period. Copper and brass are the materials of choice for plumbing, taps, valves, and fittings
owing to their aesthetic appeal. Copper is used widely in infrastructural activities in the form of copper
tubing, taps, valves, tanks, connections, and fittings. This, in turn, is expected to increase the demand for
copper in the next few years. It is a good conductor of electricity. It is also malleable and corrosion
resistant. This makes it the most sought after material for electric cables, both industrial as well as
domestic. Electrical & electronics was the second-largest application segment of the copper market in
2014.
In terms of volume, Asia Pacific dominated the global copper market, accounting for more than 60% share
in 2014. Asia Pacific is anticipated to be the fastest-growing regional market during the forecast period
owing to increasing demand for automobiles and rapid industrialization and urbanization in the region.
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Copper Market
Key players operating in the copper market include Codelco, Aurubis AG, Freeport McMoRan Inc. Copper,
Glencore, Grupo Mexico, and BHP Billiton Ltd.
TABLE OF CONTENT
Chapter 1 Preface
Report Description
Market Segmentation
Research Scope
Research Methodology
Assumptions
Chapter 2 Executive Summary
Global Copper Market, Volume and Revenue, (Mn Tons) (US$ Bn), 2014–2023
Market Snapshot
Chapter 3 Industry Analysis
Introduction
Value Chain Analysis
Market Dynamics
Driver 1- Increase in Infrastructural Activities
Driver 2 - Growing Electronics & Electrical Industry
Restraint 1 – Competition from Substitute Materials
Opportunity 1 – Demand for Copper in Green Buildings
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Copper Market
Porter’s Five Forces Analysis
Market Attractiveness Analysis, by Country – Copper Market
Market Attractiveness Analysis, by Application – Copper Market
Company Market Share – Copper Market (%) (2014)
Chapter 4 Copper – Regional Price Trend Analysis
Chapter 5 Copper Market: Form Analysis
Copper Market – Wire Rod
Copper Market – Plates, Sheets, & Strips
Copper Market –Rods, Bars, & Sections
Copper Market – Others
Chapter 6 Copper Market: Application Analysis
Global Copper Market for Construction
Global Copper Market for Electrical & Electronic Products
Global Copper Market for Transportation
Global Copper Market for Industrial Applications
Global Copper Market for Other Applications
Chapter 7 Copper Market: Regional Analysis
North America Copper Market Overview
North America Copper Market Volume, by Form, 2014 – 2023 (Kilo Tons)
North America Copper Market Volume, by Form, 2014 – 2023 (US$ Mn)
North America Copper Market Volume, by Application, 2014 – 2023 (Kilo Tons)
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Copper Market
North America Copper Market Volume, by Application, 2014 – 2023 (US$ Mn)
Europe Copper Market Overview
Europe Copper Market Volume, by Form, 2014 – 2023 (Kilo Tons)
Europe Copper Market Volume, by Form, 2014 – 2023 (US$ Mn)
Europe Copper Market Volume, by Application, 2014 – 2023 (Kilo Tons)
Europe Copper Market Volume, by Application, 2014 – 2023 (US$ Mn)
Asia Pacific Copper Market Overview
Asia Pacific Copper Market Volume, by Form, 2014 – 2023 (Kilo Tons)
Asia Pacific Copper Market Volume, by Form, 2014 – 2023 (US$ Mn)
Asia Pacific Copper Market Volume, by Application, 2014 – 2023 (Kilo Tons)
Asia Pacific Copper Market Volume, by Application, 2014 – 2023 (US$ Mn)
Latin America Copper Market Overview
Latin America Copper Market Volume, by Form, 2014 – 2023 (Kilo Tons)
Latin America Copper Market Volume, by Form, 2014 – 2023 (US$ Mn)
Latin America Copper Market Volume, by Application, 2014 – 2023 (Kilo Tons)
Latin America Copper Market Volume, by Application, 2014 – 2023 (US$ Mn)
Middle East and Africa Copper Market Overview
Middle East and Africa Copper Market Volume, by Form, 2014 – 2023 (Kilo Tons)
Middle East and Africa Copper Market Volume, by Form, 2014 – 2023 (US$ Mn)
Middle East and Africa Copper Market Volume, by Application, 2014 – 2023 (Kilo Tons)
Middle East and Africa Copper Market Volume, by Application, 2014 – 2023 (US$ Mn)
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Copper Market
Chapter 8 Company Profiles
Codelco
Freeport McMorRan Inc.
BHP Billiton Group
Glencore International AG
Rio Tinto Group
Anglo American plc
Aurubis AG
Grupo Mexico
KGHM Polska Mied?
Antofagasta plc
Jiangxi Copper Corp
Tongling Nonferrous Metals Group
JX Nippon Mining & Metals
Chapter 9 List of Customers – Copper Market
Chapter 10 Primary Research – Key Findings
About Us
Transparency Market Research is a market intelligence company providing global business information
reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers.
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Copper Market
We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use
proprietary data sources and various tools and techniques to gather, and analyze information. Our
business offerings represent the latest and the most reliable information indispensable for businesses to
sustain a competitive edge.
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Author
Amy James
Amy James817   documents Email
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Category
Business and Leadership
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