Scope of the Study
Copper, ductile metal and an excellent thermal conductivity which is used in various industries include electrical and electronic products, consumer products, industrial & machinery equipment and other. The growth in the demand for electric vehicles and hybrid vehicle and increasing construction activities in both developing and developed economies boost the demand of the copper product market.
The market study is being classified by Type (Rods and Wires, Plates and Strips, Tubes and Other), by Application (Electrical and Electronic Devices (Generators, Transformers, Motors and Others), Architecture and Art (Roofs, Plumbing, Wall Cladding and Others), Transportation Industry, Wire & Cables, Industrial Machinery and Others) and major geographies with country level break-up.
Aurubis (Germany), Jiangxi Copper (China), KME Group sPA (Italy), Hailiang Group (China), Wireland Group (Germany), Golden Dragon Precise Copper Tube Group Inc (China), Jintian Group (China), Jinchuan Group Ltd. (China), Mueller Industries (United States), Marmon Holdings, Inc. (United States) , Poongsan Corporation (South Korea), Luvata (Finland), CHALCO (China), Mitsubishi Materials (Japan), Diehl Group (Germany), Furukawa Electric Co. Ltd. (Japan) and Xingye Copper International Group Ltd. (China) are some of the key players profiled in the study.
Research Analyst at AMA predicts that German and Chinese Vendors will contribute to the maximum growth of Global Copper Products market throughout the predicted period.
Segment Analysis
AdvanceMarketAnalytics has segmented the market of Global Copper Products market by Type, Application and Region.
On the basis of geography, the market of Copper Products has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- The Growth in the Demand from Electronic and Machinery Industry Globally
- Increasing Copper Mining Across the World which Contributes to GDP in both Developed and Developing Countries
Market Trend
- Surging Demand for Copper by Mining Technology and Discovery of New Copper Reserves Globally
- Increasing Recycling of Copper and Its Transformation Into Processed Metal to Manufacture Wide Range of Products
Restraints
- Fluctuation in Price of Copper
Opportunities
- Increasing Demand from Asian Pacific Countries, Owing to Growth in Automobile Industry
- Surging Residential Construction Activities in Emerging Economies
Challenges
- Government Regulations on Import and Export of Copper Across the World
Market Leaders and their expansionary development strategies
In February 2019, KME SE has executed the agreement signed on 6th July 2018 with European Acquisition Midco Limited, and has attained the acquisition of 100 percent indirect interest in MKM Mansfelder Kupfer and Messing GmbH ("MKM"), one of the major player in the European copper and copper alloys market.
In July 2019, KME SE has executed the agreement signed with ECT-European Copper Tubes Limited, to purchase 49 percent shareholding in Tréfimétaux SAS.
Key Target Audience
Copper Mining Companies, Traders, Distributors, and Suppliers of Copper, Copper Products Manufacturing Companies, Government Regulatory Bodies, Technology Providers, End-use Industries and Others
Customization in the Report Available:
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase