Global Copper Market to Reach $298.4 Billion by 2030
The global market for Copper estimated at US$170.6 Billion in the year 2022, is projected to reach a revised size of US$298.4 Billion by 2030, growing at a CAGR of 7.2% over the analysis period 2022-2030. Electrical & Electronics, one of the segments analyzed in the report, is projected to record 8.7% CAGR and reach US$134.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Building & Construction segment is readjusted to a revised 5.5% CAGR for the next 8-year period.The U.S. Market is Estimated at $46.5 Billion, While China is Forecast to Grow at 11.5% CAGR
The Copper market in the U.S. is estimated at US$46.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$68.4 Billion by the year 2030 trailing a CAGR of 11.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.2% and 5.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.4% CAGR.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.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
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Report Attribute | Details |
---|---|
No. of Pages | 313 |
Published | March 2024 |
Forecast Period | 2020 - 2027 |
Estimated Market Value ( USD | $ 159.9 Billion |
Forecasted Market Value ( USD | $ 242.8 Billion |
Compound Annual Growth Rate | 6.1% |
Regions Covered | Global |
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARYIII. MARKET ANALYSISSOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
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
A selection of companies mentioned in this report includes:
- 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.