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Published Date: 2016-03-09Number of Pages: 182

Copper (Wire Rod; Plates, Sheets, & Strips; Rods, Bars, & Sections; and Others) Market for Construction, Electrical & Electronic Products, Transportation, Industrial, and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023

Copper is a soft, ductile, malleable metal with high electrical and thermal conductivity. It is primarily extracted as copper sulfide from large open pit mines. Copper can also be recovered through the in-situ leach process. Large quantity of copper is available on the earth; however, only a small number of these reserves is economically viable, considering the current prices and technologies. Copper is extensively used as a building material in various industrial applications. It is used as a constituent for various metal alloys and as conductor of heat and electricity. Copper is a versatile metal with excellent chemical, physical, and aesthetic properties. Copper is primarily employed in electrical wires, roofing, plumbing, and industrial machinery. It is mostly used as a pure metal; however, it is combined with other elements to make an alloy such as brass and bronze when higher hardness is required.

Advancement in global manufacturing output as in transportation equipment, industrial machinery, domestic appliances, and other durable goods is expected to augment the demand for copper during the forecast period. Increase in infrastructure activities in developing countries is also anticipated to boost the demand for copper in the next few years. For instance, the building & construction and electrical & electronic sectors in China employ high volume of copper in the production of electrical wires, pipes, personal electronics, business electronics, and telecommunications equipment. This is estimated to be a primary factor propelling the copper market during the forecast period. However, competition from other materials such as plastic pipes, aluminum, and titanium is estimated to hamper market growth. Nonetheless, ongoing research and development in green building is projected to open growth avenues for the copper market in the near future.

Wire rod accounted for more than 55% share of the global copper market in 2014. These rods are primarily used in construction, cement, and shipbuilding industries and in allied commercial setups. Other forms of copper such as powder and tubes held the second-largest share of the copper market in 2014. 

Construction was the largest application segment of the copper market, constituting more than 40% share in 2014. It is also likely to be the fastest-growing segment of the market during the forecast period. Copper and brass are the materials of choice for plumbing, taps, valves, and fittings for their aesthetic appeal. Large quantities of copper used in the construction of buildings in industrialized countries are consumed in the form of copper tubing, taps, valves, tanks, connections, and fittings. This, in turn, is expected to increase the demand for copper in the next few years. Copper is a good conductor of electricity. Furthermore, it is malleable and corrosion resistant. This makes it the most sought after material for electric cables, both industrial as well as domestic. Electrical & electronics was the second-largest application segment of the copper market in 2014.

Asia Pacific dominated the copper market in 2014. Expansion in the building & construction and electrical and electronic sectors is the primary driver of the global copper market. Europe was the second-largest regional segment of the copper market in 2014, followed by North America. The copper market in Latin America and Middle East & Africa is likely to expand significantly during the forecast period. Strong growth in various industries coupled with increased demand for industrial machinery is anticipated to bolster the demand for copper in China and in turn globally in the near future.

Key players in the copper market include Codelco, Freeport McMoran Inc, Glencore, BHP Billiton, Rio Tinto, KGHM Polska Miedz, Anglo America, and Antofagasta. The copper market is dominated by multinational companies with strong global presence. Companies also focus on customization and innovation in order to maintain and improve their market share.

 

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Chapter 1 Preface

  • Report Description 
  • Market Segmentation
  • Research Scope
  • Research Methodology
  • Assumptions 

Chapter 2 Executive Summary

  • Global Copper Market, Volume and Revenue, (Mn Tons) (US$ Bn), 2014–2023
  • Market Snapshot

Chapter 3 Industry Analysis

  • Introduction
  • Value Chain Analysis
  • Market Dynamics
  • Driver 1- Increase in Infrastructural Activities
  • Driver 2 - Growing Electronics & Electrical Industry
  • Restraint 1 – Competition from Substitute Materials
  • Opportunity 1 – Demand for Copper in Green Buildings
  • Porter’s Five Forces Analysis
  • Market Attractiveness Analysis, by Country – Copper Market
  • Market Attractiveness Analysis, by Application – Copper Market 
  • Company Market Share – Copper Market (%) (2014)

 
Chapter 4 Copper – Regional Price Trend Analysis  
 
Chapter 5 Copper Market: Form Analysis 

  • Copper Market – Wire Rod
  • Copper Market –   Plates, Sheets, & Strips
  • Copper Market –Rods, Bars, & Sections
  • Copper Market – Others  

Chapter 6 Copper Market: Application Analysis

  • Global Copper Market for Construction
  • Global Copper Market for Electrical & Electronic Products
  • Global Copper Market for Transportation
  • Global Copper Market for Industrial Applications
  • Global Copper Market for Other Applications 

Chapter 7 Copper Market: Regional Analysis

  • North America Copper Market Overview
    • North America Copper Market Volume, by Form, 2014 – 2023 (Kilo Tons)
    • North America Copper Market Volume, by Form, 2014 – 2023 (US$ Mn)
    • North America Copper Market Volume, by Application, 2014 – 2023 (Kilo Tons)
    • North America Copper Market Volume, by Application, 2014 – 2023 (US$ Mn)
  • Europe Copper Market Overview
    • Europe Copper Market Volume, by Form, 2014 – 2023 (Kilo Tons)
    • Europe Copper Market Volume, by Form, 2014 – 2023 (US$ Mn)
    • Europe Copper Market Volume, by Application, 2014 – 2023 (Kilo Tons)
    • Europe Copper Market Volume, by Application, 2014 – 2023 (US$ Mn)
  • Asia Pacific Copper Market Overview
    • Asia Pacific Copper Market Volume, by Form, 2014 – 2023 (Kilo Tons)
    • Asia Pacific  Copper Market Volume, by Form, 2014 – 2023 (US$ Mn)
    • Asia Pacific  Copper Market Volume, by Application, 2014 – 2023 (Kilo Tons)
    • Asia Pacific  Copper Market Volume, by Application, 2014 – 2023 (US$ Mn)
  • Latin America Copper Market Overview
    • Latin America Copper Market Volume, by Form, 2014 – 2023 (Kilo Tons)
    • Latin America Copper Market Volume, by Form, 2014 – 2023 (US$ Mn)
    • Latin America Copper Market Volume, by Application, 2014 – 2023 (Kilo Tons)
    • Latin America Copper Market Volume, by Application, 2014 – 2023 (US$ Mn)
  • Middle East and Africa Copper Market Overview
    • Middle East and Africa Copper Market Volume, by Form, 2014 – 2023 (Kilo Tons)
    • Middle East and Africa Copper Market Volume, by Form, 2014 – 2023 (US$ Mn)
    • Middle East and Africa Copper Market Volume, by Application, 2014 – 2023 (Kilo Tons)
    • Middle East and Africa Copper Market Volume, by Application, 2014 – 2023 (US$ Mn) 

Chapter 8 Company Profiles

  • Codelco 
  • Freeport McMorRan Inc. 
  • BHP Billiton Group 
  • Glencore International AG 
  • Rio Tinto Group 
  • Anglo American plc
  • Aurubis AG
  • Grupo Mexico
  • KGHM Polska Mied?
  • Antofagasta plc
  • Jiangxi Copper Corp
  • Tongling Nonferrous Metals Group
  • JX Nippon Mining & Metals

Chapter 9 List of Customers – Copper Market
 
Chapter 10 Primary Research – Key Findings 

Copper is a ductile metal with high electrical and thermal conductivity. It is a versatile metal with excellent chemical, physical, and aesthetic properties. Copper can be recovered from open pit mines or through the in-situ leach process. It is primarily employed in electrical wires, roofing, plumbing, and industrial machinery. 

This report provides detailed description of the copper market in terms of volume and revenue from 2014 to 2023 on the global, regional, and country level. The global and regional volume has been depicted in terms of million tons, while the revenue in US$ Bn. The country level volume is in terms of kilo tons and revenue is in US$ Mn. The study provides historic data for 2014 coupled with forecast from 2015 to 2023 based on volume (kilo tons) and revenue (US$ Mn). The study includes drivers and restraints of the copper market along with impact of these on demand during the forecast period. The report also covers the study of opportunities available in the market on the global and regional level. The study encompasses market attractiveness analysis, wherein various application segments and countries in the mentioned regions are benchmarked based on market size, growth rate, and general attractiveness. Detailed value chain analysis has been included to provide a comprehensive view of the copper market. Analysis of Porter’s Five Forces Model for copper has also been included to help understand the competitive landscape in the market. 

The study provides a decisive view of the copper market by segmenting it based on the basis of forms of copper, viz., wire rod; plates, sheets and strips; rods, bars & sections; and others. Additionally, the market has been segmented in terms of application into construction; electrical & electronic products; transportation; industrial; and others. Forms and applications have been analyzed based on present and future trends, and the market has been estimated from 2015 to 2023. Regional segmentation includes current and forecast demand for copper in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report provides detailed competitive outlook, which includes the market share and profiles of key players operating in the copper market. 

Market estimates for this study have been based on volume, with revenue being derived through regional pricing trends. The copper market has been analyzed based on expected demand. Market data for each segment is based on demand volume and corresponding revenue. Prices considered for calculation of revenue are average regional prices obtained through primary quotes from numerous regional suppliers, distributors, and direct selling regional producers based on manufacturer feedback and application and form requirement. 

In order to compile the research report, we conducted in-depth interviews and discussions with a wide range of key industry participants and opinion leaders. Primary research represents the bulk of research efforts supplemented by extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research includes a search of recent trade, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities. 

The report also offers competitive landscape of the overall market with profiles of players such as Codelco, Freeport McMoran Inc., Glencore, BHP Billiton, Rio Tinto, KGHM Polska Miedz, Anglo America, and Antofagasta. Detailed description of company overview in terms of headquarters, inception, upcoming capacities, key mergers & acquisitions, financial overview, and recent developments provides a thorough idea about the competitive positioning of players in the market. 

The report segments the copper market as follows:

Global Copper Market - Form Analysis

  • Wire rod
  • Plates, sheets, & strips
  • Rods, bars, & sections
  • Others (Including powder, tube etc.)

Global Copper Market - Application Analysis

  • Construction
  • Electrical & electronic products
  • Transportation
  • Industrial
  • Others (Including consumer products etc.)

Global Copper Market - Country Analysis

  • North America
    • U.S.
    • Rest of North America
  • Europe
    • France
    • U.K.
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East & Africa (MEA)
    • GCC
    • South Africa
    • Rest of MEA


 
 
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