Global Copper Market 2024-2028

The copper market is forecasted to grow by USD 70 bn during 2023-2028, accelerating at a CAGR of 6.78% during the forecast period. The report on the copper market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high demand for copper from APAC, superior properties of copper, and growing demand for copper from EV industry.

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	6.21%
CAGR	6.78%
Incremental Value	$70 bn

Technavio's copper market is segmented as below:

By Application

Electrical and electronics
Construction
Telecommunication
Transportation
Others

By Type

Primary
Secondary

By Geographical Landscape

APAC
Europe
North America
Middle East and Africa
South America

This study identifies the technological innovations driving the demand for copper as one of the prime reasons driving the copper market growth during the next few years. Also, high demand for copper in green buildings and rise in adoption of renewable energy will lead to sizable demand in the market.

The report on the copper market covers the following areas:

Copper market sizing
Copper market forecast
Copper market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading copper market vendors that include ABC Gas International Ltd., Anglo American plc, Antofagasta plc, Aurubis AG, Baroda Extrusion Ltd., Bhagyanagar India Ltd., BHP Group Ltd., Corporacion Nacional del Cobre de Chile, First Quantum Minerals Ltd., Freeport McMoRan Inc., Glencore Plc, Grupo Mexico S.A.B. de C.V., Hindalco Industries Ltd., Hindustan Copper Ltd., KGHM Polska Miedz SA, Madhav Copper Ltd., Rio Tinto Ltd., Vale SA, and Vedanta Ltd.. Also, the copper market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR71748

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Copper Market 2018 - 2022
- Historic Market Size - Data Table on Global Copper Market 2018 - 2022 ($ billion)
4.2 Application segment analysis 2018 - 2022
- Historic Market Size - Application Segment 2018 - 2022 ($ billion)
4.3 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ billion)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Application

6.1 Market segments
- Chart on Application - Market share 2023-2028 (%)
- Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
6.3 Electrical and electronics - Market size and forecast 2023-2028
- Chart on Electrical and electronics - Market size and forecast 2023-2028 ($ billion)
- Data Table on Electrical and electronics - Market size and forecast 2023-2028 ($ billion)
- Chart on Electrical and electronics - Year-over-year growth 2023-2028 (%)
- Data Table on Electrical and electronics - Year-over-year growth 2023-2028 (%)
6.4 Construction - Market size and forecast 2023-2028
- Chart on Construction - Market size and forecast 2023-2028 ($ billion)
- Data Table on Construction - Market size and forecast 2023-2028 ($ billion)
- Chart on Construction - Year-over-year growth 2023-2028 (%)
- Data Table on Construction - Year-over-year growth 2023-2028 (%)
6.5 Telecommunication - Market size and forecast 2023-2028
- Chart on Telecommunication - Market size and forecast 2023-2028 ($ billion)
- Data Table on Telecommunication - Market size and forecast 2023-2028 ($ billion)
- Chart on Telecommunication - Year-over-year growth 2023-2028 (%)
- Data Table on Telecommunication - Year-over-year growth 2023-2028 (%)
6.6 Transportation - Market size and forecast 2023-2028
- Chart on Transportation - Market size and forecast 2023-2028 ($ billion)
- Data Table on Transportation - Market size and forecast 2023-2028 ($ billion)
- Chart on Transportation - Year-over-year growth 2023-2028 (%)
- Data Table on Transportation - Year-over-year growth 2023-2028 (%)
6.7 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ billion)
- Data Table on Others - Market size and forecast 2023-2028 ($ billion)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
6.8 Market opportunity by Application
- Market opportunity by Application ($ billion)
- Data Table on Market opportunity by Application ($ billion)

7 Market Segmentation by Type

7.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
7.3 Primary - Market size and forecast 2023-2028
- Chart on Primary - Market size and forecast 2023-2028 ($ billion)
- Data Table on Primary - Market size and forecast 2023-2028 ($ billion)
- Chart on Primary - Year-over-year growth 2023-2028 (%)
- Data Table on Primary - Year-over-year growth 2023-2028 (%)
7.4 Secondary - Market size and forecast 2023-2028
- Chart on Secondary - Market size and forecast 2023-2028 ($ billion)
- Data Table on Secondary - Market size and forecast 2023-2028 ($ billion)
- Chart on Secondary - Year-over-year growth 2023-2028 (%)
- Data Table on Secondary - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Type
- Market opportunity by Type ($ billion)
- Data Table on Market opportunity by Type ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
9.6 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ billion)
- Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ billion)
- Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.10 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.11 South Korea - Market size and forecast 2023-2028
- Chart on South Korea - Market size and forecast 2023-2028 ($ billion)
- Data Table on South Korea - Market size and forecast 2023-2028 ($ billion)
- Chart on South Korea - Year-over-year growth 2023-2028 (%)
- Data Table on South Korea - Year-over-year growth 2023-2028 (%)
9.12 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ billion)
- Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ billion)
- Data Tables on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 Anglo American plc
- Anglo American plc - Overview
- Anglo American plc - Business segments
- Anglo American plc - Key news
- Anglo American plc - Key offerings
- Anglo American plc - Segment focus
12.4 Antofagasta plc
- Antofagasta plc - Overview
- Antofagasta plc - Business segments
- Antofagasta plc - Key offerings
- Antofagasta plc - Segment focus
12.5 Aurubis AG
- Aurubis AG - Overview
- Aurubis AG - Business segments
- Aurubis AG - Key news
- Aurubis AG - Key offerings
- Aurubis AG - Segment focus
12.6 BHP Group Ltd.
- BHP Group Ltd. - Overview
- BHP Group Ltd. - Business segments
- BHP Group Ltd. - Key offerings
- BHP Group Ltd. - Segment focus
12.7 Corporacion Nacional del Cobre de Chile
- Corporacion Nacional del Cobre de Chile - Overview
- Corporacion Nacional del Cobre de Chile - Product / Service
- Corporacion Nacional del Cobre de Chile - Key offerings
12.8 First Quantum Minerals Ltd.
- First Quantum Minerals Ltd. - Overview
- First Quantum Minerals Ltd. - Product / Service
- First Quantum Minerals Ltd. - Key offerings
12.9 Freeport McMoRan Inc.
- Freeport McMoRan Inc. - Overview
- Freeport McMoRan Inc. - Product / Service
- Freeport McMoRan Inc. - Key offerings
12.10 Glencore Plc
- Glencore Plc - Overview
- Glencore Plc - Business segments
- Glencore Plc - Key news
- Glencore Plc - Key offerings
- Glencore Plc - Segment focus
12.11 Grupo Mexico S.A.B. de C.V.
- Grupo Mexico S.A.B. de C.V. - Overview
- Grupo Mexico S.A.B. de C.V. - Product / Service
- Grupo Mexico S.A.B. de C.V. - Key offerings
12.12 Hindalco Industries Ltd.
- Hindalco Industries Ltd. - Overview
- Hindalco Industries Ltd. - Business segments
- Hindalco Industries Ltd. - Key offerings
- Hindalco Industries Ltd. - Segment focus
12.13 Hindustan Copper Ltd.
- Hindustan Copper Ltd. - Overview
- Hindustan Copper Ltd. - Product / Service
- Hindustan Copper Ltd. - Key offerings
12.14 KGHM Polska Miedz SA
- KGHM Polska Miedz SA - Overview
- KGHM Polska Miedz SA - Business segments
- KGHM Polska Miedz SA - Key offerings
- KGHM Polska Miedz SA - Segment focus
12.15 Madhav Copper Ltd.
- Madhav Copper Ltd. - Overview
- Madhav Copper Ltd. - Product / Service
- Madhav Copper Ltd. - Key offerings
12.16 Vale SA
- Vale SA - Overview
- Vale SA - Product / Service
- Vale SA - Key offerings
12.17 Vedanta Ltd.
- Vedanta Ltd. - Overview
- Vedanta Ltd. - Business segments
- Vedanta Ltd. - Key news
- Vedanta Ltd. - Key offerings
- Vedanta Ltd. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
13.9 360 degree market analysis
- 360 degree market analysis
13.10 List of abbreviations
- List of abbreviations