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Copper - Global Market Trajectory & Analytics

  • ID: 338726
  • Report
  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Anglo American Plc
  • BHP Billiton Group
  • Jiangxi Copper Co. Ltd.
  • KME AG
  • OM Group Inc.
  • Teck Resources Ltd.
Global Copper Market to Reach 26.7 Million Metric Tons by 2027

Amid the COVID-19 crisis, the global market for Copper estimated at 23.8 Million Metric Tons in the year 2020, is projected to reach a revised size of 26.7 Million Metric Tons by 2027, growing at a CAGR of 1.7% over the analysis period 2020-2027. Electrical & Electronics, one of the segments analyzed in the report, is projected to record a 2.2% CAGR and reach 11.3 Million Metric Tons by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Building & Construction segment is readjusted to a revised 1.2% CAGR for the next 7-year period.

The U.S. Market is Estimated at 6.4 Million Metric Tons, While China is Forecast to Grow at 3.5% CAGR

The Copper market in the U.S. is estimated at 6.4 Million Metric Tons in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 5.2 Million Metric Tons by the year 2027 trailing a CAGR of 3.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.1% and 1.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 0.6% CAGR.

Transportation Segment to Record 1.8% CAGR

In the global Transportation segment, USA, Canada, Japan, China and Europe will drive the 1.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of 2.1 Million Metric Tons in the year 2020 will reach a projected size of 2.4 Million Metric Tons by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach 3.5 Million Metric Tons by the year 2027, while Latin America will expand at a 2.4% CAGR through the analysis period.

Select Competitors (Total 120 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.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Anglo American Plc
  • BHP Billiton Group
  • Jiangxi Copper Co. Ltd.
  • KME AG
  • OM Group Inc.
  • Teck Resources Ltd.
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Market Overview
  • Recent Market Activity
  • Current & Future Analysis
  • Emerging Countries Offer Strong Growth Prospects
  • China Remains a Major Force in the Copper Industry
  • Pricing Scenario
  • Improvement in PMI Signals Growth
2. FOCUS ON SELECT PLAYERS
  • Anglo American PLC (UK)
  • Antofagasta Plc (UK)
  • Aurubis AG (Germany)
  • BHP Billiton Group (Australia)
  • Codelco (Chile)
  • First Quantum Minerals Ltd. (Canada)
  • Freeport-McMoRan Copper & Gold Inc. (USA)
  • Grupo México S.A.B. DE C.V (Mexico)
  • Global Brass and Copper, Inc (USA)
  • Jiangxi Copper Company Limited (China)
  • JX Nippon Mining & Metals Corporation (Japan)
  • KGHM Polska Miedź S.A. (Poland)
  • KME AG (Germany)
  • Mitsubishi Materials Corporation (Japan)
  • Mitsui Mining & Smelting Co. Ltd (Japan)
  • Norilsk Nickel (Russia)
  • Rio Tinto Group (UK)
  • Sumitomo Metal Mining Co., Ltd (Japan)
  • Teck Resources Limited (Canada)
  • The Furukawa Electric Co. (Japan)
  • UMMC Holding Corporation (Russia)
  • Vale Limited (Canada)
3. MARKET TRENDS & DRIVERS
  • Electric Vehicles Steer Growth for Copper
  • Factors Driving Popularity of EVs
  • Select Countries with Proposed Government Phase-out of Internal Combustion Engine Sales
  • Renewable Energy Technologies: An Expanding Opportunity Market
  • Wind Power Generation Offers Significant Growth
  • Solar Photovoltaics Market - A Promising Market
  • CIGS - An Emerging Thin Film Technology Gaining Immense Popularity
  • Rising Focus on Ramping-Up Power Generation Infrastructure Drives Demand for Copper
  • Bactericidal Property Supports Use of Copper Tubes in Water Distribution Systems
  • Copper Tubes Gain Prominence in Heating Systems
  • Copper Tubes Benefit from Opportunities in the Automotive Sector
  • Opportunity Indicators
  • Growing Proliferation of Consumer Electronic Devices to Drive Demand
  • Electric Home Appliances - Key End-Users of Copper
  • HVAC Sector Offers Improved Opportunities
  • Copper Enjoys Widespread Application in Telecommunications Sector
  • Growth in the Construction Sector to Benefit Demand
  • Urbanization Underpins Demand for Copper-Based Products
  • Copper Products: Key Statistical Findings
4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA
IV. COMPETITION
  • Total Companies Profiled: 120
Note: Product cover images may vary from those shown

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.
Note: Product cover images may vary from those shown
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