Copper is a ductile metal with high electrical and thermal conductivity. It is a versatile metal with excellent chemical, physical, and aesthetic properties. Copper can be recovered from open pit mines or through the in-situ leach process. It is primarily employed in electrical wires, roofing, plumbing, and industrial machinery.
This report provides detailed description of the copper market in terms of volume and revenue from 2014 to 2023 on the global, regional, and country level. The global and regional volume has been depicted in terms of million tons, while the revenue in US$ Bn. The country level volume is in terms of kilo tons and revenue is in US$ Mn. The study provides historic data for 2014 coupled with forecast from 2015 to 2023 based on volume (kilo tons) and revenue (US$ Mn). The study includes drivers and restraints of the copper market along with impact of these on demand during the forecast period. The report also covers the study of opportunities available in the market on the global and regional level. The study encompasses market attractiveness analysis, wherein various application segments and countries in the mentioned regions are benchmarked based on market size, growth rate, and general attractiveness. Detailed value chain analysis has been included to provide a comprehensive view of the copper market. Analysis of Porter’s Five Forces Model for copper has also been included to help understand the competitive landscape in the market.
The study provides a decisive view of the copper market by segmenting it based on the basis of forms of copper, viz., wire rod; plates, sheets and strips; rods, bars & sections; and others. Additionally, the market has been segmented in terms of application into construction; electrical & electronic products; transportation; industrial; and others. Forms and applications have been analyzed based on present and future trends, and the market has been estimated from 2015 to 2023. Regional segmentation includes current and forecast demand for copper in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report provides detailed competitive outlook, which includes the market share and profiles of key players operating in the copper market.
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Market estimates for this study have been based on volume, with revenue being derived through regional pricing trends. The copper market has been analyzed based on expected demand. Market data for each segment is based on demand volume and corresponding revenue. Prices considered for calculation of revenue are average regional prices obtained through primary quotes from numerous regional suppliers, distributors, and direct selling regional producers based on manufacturer feedback and application and form requirement.
In order to compile the research report, we conducted in-depth interviews and discussions with a wide range of key industry participants and opinion leaders. Primary research represents the bulk of research efforts supplemented by extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research includes a search of recent trade, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities.
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The report also offers competitive landscape of the overall market with profiles of players such as Codelco, Freeport McMoran Inc., Glencore, BHP Billiton, Rio Tinto, KGHM Polska Miedz, Anglo America, and Antofagasta. Detailed description of company overview in terms of headquarters, inception, upcoming capacities, key mergers & acquisitions, financial overview, and recent developments provides a thorough idea about the competitive positioning of players in the market.