PUBLISHER: BIS Research | PRODUCT CODE: 1540778
PUBLISHER: BIS Research | PRODUCT CODE: 1540778
Europe Low-Carbon Copper Market: Focus on Application, Technology, Product Type, and Country - Analysis and Forecast, 2023-2033
Introduction to Europe Low-Carbon Copper Market
The Europe low-carbon copper market is projected to reach $38.34 billion by 2033 from $18.91 billion in 2023, growing at a CAGR of 7.32% during the forecast period 2023-2033. Low-carbon copper adoption is expected to be boosted by strict environmental regulations put in place by governments across the globe. The low-carbon copper market is expanding in part because of these regulations, which support more sustainable and clean mining and extraction methods. Governments are providing incentives to businesses that invest in environmentally friendly manufacturing processes, especially in developed nations. Technological developments in manufacturing that enhance productivity, economy, sustainability, and expandability are probably going to catch on in the sector. A growing number of businesses are adopting sustainability goals and integrating environmental factors into their corporate strategies. It is projected that the dedication to lowering carbon footprints and encouraging sustainable supply chains will increase demand for low-carbon copper.
| KEY MARKET STATISTICS | |
|---|---|
| Forecast Period | 2023 - 2033 |
| 2023 Evaluation | $18.91 Billion |
| 2033 Forecast | $38.34 Billion |
| CAGR | 7.32% |
Market Introduction
The European market for low-carbon copper is expanding as a result of growing industry and government emphasis on sustainability and cutting carbon emissions. Low-carbon copper is becoming more and more popular in a number of industries, including renewable energy, automotive, electronics, and construction. It is produced with substantially fewer greenhouse gas emissions than copper produced using traditional methods. The growing demand for eco-friendly materials that support the Green Deal of the European Union and other climate targets aimed at reaching carbon neutrality by 2050 is what is driving this shift.
The increasing use of electric vehicles (EVs), renewable energy sources like solar and wind power, and energy-efficient infrastructure all contribute to the market's expansion and call for significant copper inputs. The demand for sustainable materials rises along with these industries, forcing producers to innovate in low-carbon copper production methods, such as using recycled copper or sourcing from renewable energy-powered facilities.
In addition, businesses are selecting low-carbon copper to fulfill their environmental objectives due to growing awareness of CSR and sustainable supply chains. The Europe low-carbon copper market is expected to grow significantly in the coming years due to regulatory pressures and growing consumer demand for environmentally friendly products. This will help with the continent's overall decarbonization efforts.
Market Segmentation
Segmentation 1: by End-Use Application
- Power Generation and Distribution
- Building and Construction
- Consumer Electronics
- Automotive
- Others
Segmentation 2: by Technology
- Pyrometallurgy
- Hydrometallurgy
Segmentation 3: by Product Type
- Recycled Low-Carbon Copper
- Virgin Low-Carbon Copper
Segmentation 4: by Country
- Germany
- France
- Russia
- Italy
- Rest-of-Europe
How can this report add value to an organization?
Product/Innovation Strategy: This report provides a comprehensive product/innovation strategy for the Europe low carbon copper market, identifying opportunities for market entry, technology adoption, and sustainable growth. It offers actionable insights, helping organizations leverage low carbon copper to meet environmental standards, gain a competitive edge, and capitalize on the increasing demand for eco-friendly solutions in various industries.
Growth/Marketing Strategy: This report offers a comprehensive growth and marketing strategy designed specifically for the Europe low carbon copper market. It presents a targeted approach to identifying specialized market segments, establishing a competitive advantage, and implementing creative marketing initiatives aimed at optimizing market share and financial performance. By harnessing these strategic recommendations, organizations can elevate their market presence, seize emerging prospects, and efficiently propel revenue expansion.
Competitive Strategy: This report crafts a strong competitive strategy tailored to the Europe low carbon copper market. It evaluates market rivals, suggests methods to stand out, and offers guidance for maintaining a competitive edge. By adhering to these strategic directives, companies can position themselves effectively in the face of market competition, ensuring sustained prosperity and profitability.
Key Market Players and Competition Synopsis
The companies that are profiled in the report have been selected based on inputs gathered from primary experts and analyzing company coverage, product portfolio, and market penetration.
Some of the prominent names in this market are:
- ELCOWIRE GROUP AB
- Boliden Group
- ABB
- Antofagasta plc.
- Dahren Group
- Glencore
Table of Contents
Executive Summary
Scope and Definition
1 Markets
- 1.1 Trends: Current and Future Impact Assessment
- 1.1.1 Trends: Current and Future Impact Assessment
- 1.1.2 Trend 1: Increased Demand from Key Industries
- 1.1.3 Trend 2: Rise of Electric Vehicles (EVs)
- 1.1.4 Trend 3: Sustainability and Recycling Efforts
- 1.2 Supply Chain Overview
- 1.2.1 Market Map
- 1.3 Regulatory Landscape
- 1.3.1 Consortiums and Associations
- 1.3.2 Regulatory Bodies
- 1.3.3 Government Programs
- 1.3.4 Programs by Research Institutions and Universities
- 1.4 Stakeholder Analysis
- 1.5 Market Dynamics Overview
- 1.5.1 Market Drivers
- 1.5.1.1 Consumer Demand for Sustainable Products
- 1.5.1.2 Automotive Industry's Adoption of Low-Carbon Copper for Electric Vehicles and Beyond
- 1.5.1.3 Environmental Regulations and Policies
- 1.5.2 Market Restraints
- 1.5.2.1 High Cost of Production
- 1.5.2.2 Supply Chain Challenges
- 1.5.3 Market Opportunities
- 1.5.3.1 Sustainability and Recycling Practices
- 1.5.3.2 Integration of Industry 4.0 Technologies
- 1.5.1 Market Drivers
2 Regions
- 2.1 Regional Summary
- 2.2 Europe
- 2.2.1 Regional Overview
- 2.2.2 Driving Factors for Market Growth
- 2.2.3 Factors Challenging the Market
- 2.2.3.1 Application
- 2.2.3.2 Product
- 2.2.4 Germany
- 2.2.4.1 Application
- 2.2.4.2 Product
- 2.2.5 France
- 2.2.5.1 Application
- 2.2.5.2 Product
- 2.2.6 Russia
- 2.2.6.1 Application
- 2.2.6.2 Product
- 2.2.7 Italy
- 2.2.7.1 Application
- 2.2.7.2 Product
- 2.2.8 Rest-of-Europe
- 2.2.8.1 Application
- 2.2.8.2 Product
3 Markets - Competitive Benchmarking & Company Profiles
- 3.1 Geographic Assessment
- 3.1.1 ELCOWIRE GROUP AB
- 3.1.1.1 Overview
- 3.1.1.2 Top Products/Product Portfolio
- 3.1.1.3 Top Competitors
- 3.1.1.4 Target Customers
- 3.1.1.5 Key Personnel
- 3.1.1.6 Analyst View
- 3.1.1.7 Market Share, 2022
- 3.1.2 Boliden Group
- 3.1.2.1 Overview
- 3.1.2.2 Top Products/Product Portfolio
- 3.1.2.3 Top Competitors
- 3.1.2.4 Target Customers
- 3.1.2.5 Key Personnel
- 3.1.2.6 Analyst View
- 3.1.2.7 Market Share, 2022
- 3.1.3 ABB
- 3.1.3.1 Overview
- 3.1.3.2 Top Products/Product Portfolio
- 3.1.3.3 Top Competitors
- 3.1.3.4 Target Customers
- 3.1.3.5 Key Personnel
- 3.1.3.6 Analyst View
- 3.1.3.7 Market Share, 2022
- 3.1.4 Antofagasta plc.
- 3.1.4.1 Overview
- 3.1.4.2 Top Products/Product Portfolio
- 3.1.4.3 Top Competitors
- 3.1.4.4 Target Customers
- 3.1.4.5 Key Personnel
- 3.1.4.6 Analyst View
- 3.1.4.7 Market Share, 2022
- 3.1.5 Dahren Group
- 3.1.5.1 Overview
- 3.1.5.2 Top Products/Product Portfolio
- 3.1.5.3 Top Competitors
- 3.1.5.4 Target Customers
- 3.1.5.5 Key Personnel
- 3.1.5.6 Analyst View
- 3.1.5.7 Market Share, 2022
- 3.1.6 Glencore
- 3.1.6.1 Overview
- 3.1.6.2 Top Products/Product Portfolio
- 3.1.6.3 Top Competitors
- 3.1.6.4 Target Customers
- 3.1.6.5 Key Personnel
- 3.1.6.6 Analyst View
- 3.1.6.7 Market Share, 2022
- 3.1.1 ELCOWIRE GROUP AB
4 Research Methodology
- 4.1 Data Sources
- 4.1.1 Primary Data Sources
- 4.1.2 Secondary Data Sources
- 4.1.3 Data Triangulation
- 4.2 Market Estimation and Forecast
List of Figures
- Figure 1: Europe Low-Carbon Copper Market (by End-Use Application), 2022, 2026, and 2033
- Figure 2: Europe Low-Carbon Copper Market (by Technology), 2022, 2026, and 2033
- Figure 3: Europe Low-Carbon Copper Market (by Product Type), 2022, 2026, and 2033
- Figure 4: low-carbon copper, Recent Developments
- Figure 5: Supply Chain and Risks within the Supply Chain
- Figure 6: Impact Analysis of Market Navigating Factors, 2023-2033
- Figure 7: Germany Low-Carbon Copper Market, $Million, 2022-2033
- Figure 8: France Low-Carbon Copper Market, $Million, 2022-2033
- Figure 9: Russia Low-Carbon Copper Market, $Million, 2022-2033
- Figure 10: Italy Low-Carbon Copper Market, $Million, 2022-2033
- Figure 11: Rest-of-Europe Low-Carbon Copper Market, $Million, 2022-2033
- Figure 12: Strategic Initiatives, 2021-2023
- Figure 13: Share of Strategic Initiatives, 2021-2023
- Figure 14: Data Triangulation
- Figure 15: Top-Down and Bottom-Up Approach
- Figure 16: Assumptions and Limitations
List of Tables
- Table 1: Market Snapshot
- Table 2: Low-Carbon Copper Market, Opportunities/Risks
- Table 3: Global Low-Carbon Copper Market (by Region), $Million, 2022-2033
- Table 4: Europe Low-Carbon Copper Market (by Application), $Million, 2022-2033
- Table 5: Europe Low-Carbon Copper Market (by Technology), $Million, 2022-2033
- Table 6: Europe Low-Carbon Copper Market (by Product Type), $Million, 2022-2033
- Table 7: Germany Low-Carbon Copper Market (by Application), $Million, 2022-2033
- Table 8: Germany Low-Carbon Copper Market (by Technology), $Million, 2022-2033
- Table 9: Germany Low-Carbon Copper Market (by Product Type), $Million, 2022-2033
- Table 10: France Low-Carbon Copper Market (by Application), $Million, 2022-2033
- Table 11: France Low-Carbon Copper Market (by Technology), $Million, 2022-2033
- Table 12: France Low-Carbon Copper Market (by Product Type), $Million, 2022-2033
- Table 13: Russia Low-Carbon Copper Market (by Application), $Million, 2022-2033
- Table 14: Russia Low-Carbon Copper Market (by Technology), $Million, 2022-2033
- Table 15: Russia Low-Carbon Copper Market (by Product Type), $Million, 2022-2033
- Table 16: Italy Low-Carbon Copper Market (by Application), $Million, 2022-2033
- Table 17: Italy Low-Carbon Copper Market (by Technology), $Million, 2022-2033
- Table 18: Italy Low-Carbon Copper Market (by Product Type), $Million, 2022-2033
- Table 19: Rest-of-Europe Low-Carbon Copper Market (by Application), $Million, 2022-2033
- Table 20: Rest-of-Europe Low-Carbon Copper Market (by Technology), $Million, 2022-2033
- Table 21: Rest-of-Europe Low-Carbon Copper Market (by Product Type), $Million, 2022-2033
- Table 22: Market Share
