Global Copper
Market:
Analysis By Mined
Copper Production, By Refined Copper Production, By Consumption, By First-Use (Wire Rod, Flat-rolled Products, Tubes, and RBS & Other), By End-Use (Construction, Electrical Network, Consumer & General, Industrial Machinery, and Transport), By Region Size and Trends with Impact of COVID-19 and Forecast up to 2027 November 2022
Executive Summary and Scope Introduction/Market Overview Global Market Analysis Regional Market Analysis Impact Of COVID 19 Dynamics Competitive Landscape Company Profiling Global Copper Market: Coverage
Copper Market: Coverage Attributes
Title Global Copper Market: Analysis By Mined Copper Production, By Refined Copper Production, By Consumption, By FirstUse (Wire Rod, Flat-rolled Products, Tubes, and RBS & Other), By End-Use (Construction, Electrical Network, Consumer & General, Industrial Machinery, and Transport), By Region Size and Trends with Impact of COVID-19 and Forecast up to 2027 Coverage Global and Regional Regional Coverage Latin America (Chile, Peru, and Rest of Latin America), Asia (China, Japan, South Korea, India, Taiwan, and Rest of Asia), Africa (DRC and Rest of Africa), North America, Europe, and Oceania Market Influencing Variables Growth Drivers, Challenges, Market Trends Forecast Period of Market 2022-2027 Competition in the Market Fragmented Key Players Codelco, Glencore, BHP Group Limited, Anglo American Plc, Freeport-McMoRan Inc., First Quantum Minerals Ltd., KGHM Polska Miedź S.A., Antofagasta Plc, Rio Tinto Group, Aurubis AG, Norilsk Nickel, Grupo México (Southern Copper Corporation), and Jiangxi Copper Company Limited
of the Report
Global
Details
Scope
Global Copper Market: Coverage
Executive Summary
Copper is a malleable and ductile metallic element. It is an excellent conductor of heat and electricity. The global mined copper market by production was 22.42 megatons in 2021, and is expected to reach 29.19 megatons by 2027, growing at a CAGR of 4.5% over the projected period of 2022-2027. Similarly, refined copper market by production is expected to reach 32.80 megatons by 2027 growing at a CAGR of 4.0% during 2022-2027. On the other hand, the global copper consumption is projected to reach 30.23 megatons by the year 2027, growing at a CAGR of 2.4% during the forecasted period.
The global copper market consumption can be segmented based on first-use (Wire rod, Flat-rolled Products, Tubes, and RBS & Others), and end-use (Construction, Electrical Networks, Consumer & General, Industrial Machinery, and Transport). Among the first-use, Wire rods lead the market with the maximum share of approximately 73% in 2021. Latin America accounted for the major share of more than two-fifth of the global market for mined copper whereas, Asia dominated the refined copper market production in 2021.
Copper mine production around the world dived in the first half of 2020, as the pandemic disrupted operations and metal demand patterns. Production cut in the copper mine due to the restriction on mining operations has significantly impacted the copper refining activities at factories. However, as the restrictions eased, the mines started opening which led to an increase in overall copper production in the year 2020. Additionally, global refined copper production climbed in 2020 as compared to 2019 despite brief smelter shutdowns for maintenance and upgrades affecting output in several nations, particularly due to an increase in copper production in China. Moreover, among the biggest copper-using regions, copper usage fell in Japan, the European Union, and the US, which led to a slowdown in copper consumption globally. However, global copper consumption increased due to higher demand from China’s construction sector.
The global copper market observed progressive growth in the past few years and anticipations are made that during the forecasted period (2022-2027), the market would further augment at an escalating growth rate. The copper market growth is predicted to be supported by numerous growth drivers such as rising copper annual capacity in renewable energy, growing use of copper in smart home applications, growth in scrap copper supply, increasing manufacturing of electrical equipment, and many other factors. Conversely, the market growth would be negatively impacted by various challenges such as a decline in copper ore grades, challenges of more mineral waste from the copper industry, etc. Moreover, the market growth would succeed in various market trends like an upsurge in copper consumption in passenger vehicles, new copper mine projects in the pipeline, etc.
The global mined copper market production has increased to ... megatons in 2021 and is anticipated to reach up to ... megatons by 2027 from ... megatons in 2022, with a CAGR of xx%. CAGR 2017-2021 xx% 2022-2027 xx% 2017 2018 2019 2020 2021 M e g a t o n s 2022 2023 2024 2025 2026 2027 M e g a t o n s
Copper Market: Global Analysis Global Mined Copper Market by Production
Copper Market: Global Analysis
Global Refined Copper Market by Production
The global refined copper market production has increased to ... megatons in 2021 and is anticipated to reach up to ... megatons by 2027 from ... megatons in 2022, with a CAGR of xx%. CAGR 2022-2027 xx% 2022 2023 2024 2025 2026 2027 M e g a t o n s 2017 2018 2019 2020 2021 M e g a t o n s
Copper Market: Global Analysis
Global Mined Copper Market Production by Region; 2021
Region Share (2021)
Latin America xx% Asia xx% Africa xx% North America xx% Europe xx% Oceania xx%
Global Refined Copper Market Production by Region; 2021
Region Share (2021) Asia xx% Europe xx% Latin America xx% North America xx% Africa xx% Oceania xx%
Copper Market: Global Analysis
Global Copper Market by Consumption
megatons
to reach up to ... megatons by 2027
megatons
CAGR 2017-2021 xx% 2022-2027 xx% 2022 2023 2024 2025 2026 2027 M e g a t o n s 2017 2018 2019 2020 2021 M e g a t o n s
The global copper market consumption has increased to ...
in 2021 and is anticipated
from ...
in 2022, with a CAGR of xx%.
Global Copper Market Consumption by First-Use; 2021 First Use Share (2021) Wire Rods xx% Flat-rolled Products xx% Tubes xx% RBS & Others xx% Copper Market: Global Analysis Global Copper Market Consumption by End-Use; 2021 End Use Share (2021) Construction xx% Electrical Network xx% Consumer & General xx% Industrial Machinery xx% Transport xx%
Global Copper Market Consumption by Region; 2021 Region Share (2021) Asia xx% EU xx% The US xx% Latin America xx% Rest of the World xx%
Market: Global Analysis
Copper
America Copper Market : Production Analysis Latin America Mined Copper Market Production by Region; 2021 Latin America Refined Copper Market Production by Region; 2021 Region Share (2021) CAGR (2022-2027) Chile xx% xx% Peru xx% xx% Rest of Latin America xx% xx% Region Share (2021) CAGR (2022-2027) Chile xx% xx% Rest of Latin America xx% xx%
Latin
Africa
Copper Market
Production Analysis
Mined
Market Production
Market Production
2021 Region Share (2021) CAGR (2022-2027) DRC xx% xx% Rest of Africa xx% xx% Region Share (2021) CAGR (2022-2027) DRC xx% xx% Rest of Africa xx% xx%
:
Africa
Copper
by Region; 2021 Africa Refined Copper
by Region;
Copper Market
Production Analysis
Mined
Market Production
Market Production
Region Share (2021) CAGR (2022-2027) China xx% xx% Indonesia xx% xx% Rest of Asia xx% xx% Region Share (2021) CAGR (2022-2027) China xx% xx% Japan xx% xx% India xx% xx% Rest of Asia xx% xx%
Asia
:
Asia
Copper
by Region; 2021 Asia Refined Copper
by Region; 2021
Consumption
Mined Copper Market Consumption by Region; 2021 Region Share (2021) CAGR (2022-2027) China xx% xx% Japan xx% xx% South Korea xx% xx% India xx% xx% Taiwan xx% xx% Rest of Asia xx% xx%
Asia Copper Market :
Analysis Asia
Growth Driver • Rising Copper Annual Capacity In Renewable Energy • Growing Use Of Copper In Smart Home Applications Growth Driver • Rising Copper Annual Capacity In Renewable Energy • Growing Use Of Copper In Smart Home Applications Challenges • Decline In Copper Ore Grades • Challenges Of More Mineral Waste From The Copper Industry Challenges • Decline In Copper Ore Grades • Challenges Of More Mineral Waste From The Copper Industry Market Trends • Upsurge In Copper Consumption In Passenger Vehicles • New Copper Mine Projects In The Pipeline Market Trends • Upsurge In Copper Consumption In Passenger Vehicles • New Copper Mine Projects In The Pipeline
Global Copper Market: Dynamics
Global Copper Market: Competitive Landscape Codelco Glencore BHP Group Limited Anglo American Plc Freeport-McMoRan Inc. First Quantum Minerals Ltd. KGHM Polska Miedź S.A. Players Profiled Antofagasta Plc Rio Tinto Group Aurubis AG Norilsk Nickel Grupo México (Southern Copper Corporation) Jiangxi Copper Company Limited Global Copper Mine Production Players by Market Share; 2021 (Percentage, %) Codelco Freport-McMoRan BHP Group Glencore Southern Copper (ex SPCC) First Quantum Minerals KGHM Polska Miedz Rio Tinto Antofagasta plc Anglo American plc Others
Title : Global Copper Market: Analysis By Mined Copper Production, By Refined Copper Production, By Consumption, By First-Use (Wire Rod, Flat-rolled Products, Tubes, and RBS & Other), By End-Use (Construction, Electrical Network, Consumer & General, Industrial Machinery, and Transport), By Region Size and Trends with Impact of COVID-19 and Forecast up to 2027
Title : Global Copper Market: Analysis By Mined Copper Production, By Refined Copper Production, By Consumption, By First-Use (Wire Rod, Flat-rolled Products, Tubes, and RBS & Other), By End-Use (Construction, Electrical Network, Consumer & General, Industrial Machinery, and Transport), By Region Size and Trends with Impact of COVID-19 and Forecast up to 2027
Published : October 2022
Pages : 177 Price : US$ 2350 (Single-User License) : US$ 4350 (Corporate License)
Published : October 2022 Pages : 177 Price : US$ 2350 (Single-User License) : US$ 4350 (Corporate License)
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Daedal Research
Daedal Research
Daedal Research is a research and consulting firm specialized in providing research reports and customized business research and analysis. The research firm offers a blend of the best strategic consulting and market research solutions, which promise data rich, cost effective, and highly insightful analysis to help its clients with perfect answers to their important business queries.
Daedal Research is a research and consulting firm specialized in providing research reports and customized business research and analysis. The research firm offers a blend of the best strategic consulting and market research solutions, which promise data rich, cost effective, and highly insightful analysis to help its clients with perfect answers to their important business queries.
