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

Author: QYResearch | Publish date: 2018-07-26 | Views: 46
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.

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Global Copper Market by 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.


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.


Click to view the full report TOC, figure and tables:

https://www.qyresearch.com/index/detail/197439/global-copper-sales-market


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