Global Copper Market is Projected to Reach US$ 270 Billion by 2023

QYResearch, Inc.
QYResearch is a leading market research publisher which pursuits high product quality with the belief that quality is the soul of business and consulting group has accumulated creative design methods on many high-quality markets investigation and research team with rich experience.

New report published by QY Research which offers insights on the global Copper market. The Copper market has been experiencing steady growth graph since past years. In 2017 the global Copper market was valued at US$ 200 Billion and by the end of the assessment year (2023), it is estimated to touch a value more than US$ 270 Billion growing at a value CAGR of 4% throughout the period of forecast.

Global Copper Marketby Type

Copper is one of the oldest metals ever used and has been one of the important materials in the development of civilization.  Because of its properties, singularly or in combination, of high ductility, malleability, and thermal and electrical conductivity, and its resistance to corrosion, copper has become a major industrial metal, ranking third after iron and aluminum in terms of quantities consumed.

Copper include copper plates, copper strips, copper foils, copper tubes, copper rods, copper wires, copper profiles etc.

Global Copper Market: Market Driver and Restraint

Copper is used in Electrical Industry, Transportation Industry, Machinery and Metallurgy Industry, Architecture and Art and Others.

The copper industry is a major contributor to the global economy. Copper is more than just a mined metal; it provides jobs and promotes of a higher standard of living. The copper industry provides benefits to more than just the companies mining copper and fabricating products from it.

Global Copper Market: Forecast by Region

North America, Europe, Asia-Pacific, South America and Mideast & Africa are the regions that are included in this report. Asia-Pacific is the dominant market in the global Copper market in terms of value. The Asia-Pacific market is also expected to expand at a fast rate in terms of revenue over the forecast period due to the steadily increasing demand of copper.

Ask for Discount on Research Report@  https://www.qyresearch.com/request-discount/form/197439/global-copper-sales-market

Global Copper Market: Key Players

Aurubis, Jiangxi Copper, Golden Dragon, Wieland, KME Group, Jintian Group, IUSA, Mueller, Poongsan, TNMG, MKM, Mitsubishi Materials, Hailiang Group, Luvata, CHALCO, Jinchuan Group, Anhui Xinke, Marmon, Xingye Copper, KGHM, Furukawa Electric, Diehl Group, CNMC, HALCOR Group, Olin Brass, IBC Advanced Alloy, ChangChun Group, Mitsui Mining & Smelting, Dowa Metaltech, Nan Ya Plastics, Sun Cable, Wolverine Tube, Chunlei Copper and Valjaonica bakra Sevojno.

Copper is one of the oldest metals ever used and has been one of the important materials in the development of civilization. Because of its properties, singularly or in combination, of high ductility, malleability, and thermal and electrical conductivity, and its resistance to corrosion, copper has become a major industrial metal, ranking third after iron and aluminum in terms of quantities consumed.

For industry structure analysis, the Copper industry is not concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 12 % of the revenue market. Regionally, Asia-Pacific is the biggest revenue area, also the leader in the whole Copper industry.

Asia-Pacific occupied 74.26% of the sales market in 2016. It is followed by Europe and North America, which respectively account for around 13.44% and 7.99% of the global total industry. Other countries have a smaller amount of sales.

For price trend analysis, a key variable in the performance of Copper producers is raw material costs, specifically the speed at which any increase can be passed through to customers.

Although the market competition of Copper is fierce globally, there are many enterprises can obtain considerable profit form the manufacturing and marketing of Copper and that is the reason that we believe there will also be enterprises enter this market. But it is suggested that enterprises those have plans to enter this industry have careful analysis of this market and the advantages or disadvantages of themselves.

Request Sample Copy of Report@  https://www.qyresearch.com/sample-form/form/197439/global-copper-sales-market

About Us:

QYResearch always pursuits high product quality with the belief that quality is the soul of business. Through years of effort and supports from huge number of customer supports, QYResearch consulting group has accumulated creative design methods on many high-quality markets investigation and research team with rich experience. Today, QYResearch has become the brand of quality assurance in consulting industry.

 

Media Contact
Company Name: QY Research, Inc.
Contact Person: Rahul Singh
Email: Send Email
Phone: +1 626 295 2442
Address:17890 Castleton Street, Suite 218
City: City of Industry
State: CA 91748
Country: United States
Website: https://www.qyresearch.com/index/detail/197439/global-copper-sales-market