The global market for Copper is estimated at US$202.4 Billion in 2023 and is projected to reach US$298.4 Billion by 2030, growing at a CAGR of 5.7% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
However, copper also faces challenges such as price volatility and supply constraints. The mining and extraction of copper can be significantly affected by geopolitical issues, environmental regulations, and the economic stability of producing countries, which occasionally leads to a tight supply market and price surges. Moreover, the push towards recycling and more sustainable mining practices reflects growing environmental awareness and the need to secure a stable copper supply for future technological developments. As such, the trends in the copper market are closely watched by industries and investors alike, given its critical role in both traditional infrastructure and modern technological applications.
However, copper also faces challenges such as price volatility and supply constraints. The mining and extraction of copper can be significantly affected by geopolitical issues, environmental regulations, and the economic stability of producing countries, which occasionally leads to a tight supply market and price surges. Moreover, the push towards recycling and more sustainable mining practices reflects growing environmental awareness and the need to secure a stable copper supply for future technological developments. As such, the trends in the copper market are closely watched by industries and investors alike, given its critical role in both traditional infrastructure and modern technological applications.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Electrical & Electronics End-Use segment, which is expected to reach US$134.4 Billion by 2030 with a CAGR of a 6.8%. The Building & Construction End-Use segment is also set to grow at 4.4% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $53.1 Billion in 2023, and China, forecasted to grow at an impressive 8.7% CAGR to reach $68.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Copper Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Copper Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Copper Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Anglo American Plc, Antofagasta Plc, BHP Billiton Group, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 122 Featured):
- Anglo American Plc
- Antofagasta Plc
- BHP Billiton Group
- Codelco
- First Quantum Minerals Ltd.
- Grupo México S.A.B. DE C.V
- Jiangxi Copper Co. Ltd.
- JX Nippon Mining & Metals Corp.
- KGHM Polska MiedŸ S.A
- KME AG
- Mitsubishi Materials Corp.
- Mitsui Mining & Smelting Co. Ltd.
- Norilsk Nickel
- OM Group Inc.
- Rio Tinto Group
- Sumitomo Metal Mining Co., Ltd.
- Teck Resources Ltd.
- UMMC Holding Corp.
- Vale Ltd.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISSOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Anglo American Plc
- Antofagasta Plc
- BHP Billiton Group
- Codelco
- First Quantum Minerals Ltd.
- Grupo México S.A.B. DE C.V
- Jiangxi Copper Co. Ltd.
- JX Nippon Mining & Metals Corp.
- KGHM Polska MiedŸ S.A
- KME AG
- Mitsubishi Materials Corp.
- Mitsui Mining & Smelting Co. Ltd.
- Norilsk Nickel
- OM Group Inc.
- Rio Tinto Group
- Sumitomo Metal Mining Co., Ltd.
- Teck Resources Ltd.
- UMMC Holding Corp.
- Vale Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 313 |
Published | October 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 202.4 Billion |
Forecasted Market Value ( USD | $ 298.4 Billion |
Compound Annual Growth Rate | 5.7% |
Regions Covered | Global |