Global Copper Market Report 2025

Copper Global Market Report 2025 – By Type (Refining Industry, Metal Processing Industry, Chemical Industry, and Other Types), By Mining Type (Underground Mining, Surface Mining) – Market Size, Trends, And Global Forecast 2025-2034

Copper Global Market Report 2025

Report Price : $4490.00 | Pages : 175 | Published : January 2025 | Delivery Time: 2-3 business days | Format : pdf

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Copper Market Definition

Copper is a chemical element with the symbol Cu and atomic number 29. Copper is widely used in electrical equipment such as wiring, motors, and electrical cables due to its excellent conductivity properties.

The main types of copper ore mining are for the refining industry, the metal processing industry, the chemical industry, and other types. The refining industry refers to an industry that produces and delivers oil and oil products. The mining types include underground mining, and surface mining.

Copper Market Segmentation

The copper market covered in this report is segmented –

1) By Type: Refining Industry, Metal Processing Industry, Chemical Industry, And Other Types

2) By Mining Type: Underground Mining, Surface Mining

Subsegments:

1) By Refining Industry: Primary Copper Refining, Secondary Copper Refining (Recycling)

2) By Metal Processing Industry: Copper Casting, Copper Rolling And Extrusion, Copper Forging, Copper Drawing

3) By Chemical Industry: Copper Sulfate Production, Copper Chloride Production, Copper Oxide Production

4) By Other Types: Electrical Industry (Cables, Wires), Construction Industry (Copper-Based Alloys, Pipes, Fittings), Automotive Industry (Copper Components), Renewable Energy (Solar Panels, Wind Turbines)

Copper Market Size and growth rate 2025 to 2029: Graph

Copper Market Size 2025 And Growth Rate

The copper market size has grown strongly in recent years. It will grow from $176.88 billion in 2024 to $190.72 billion in 2025 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to electrical and electronics industry, construction sector, industrial machinery manufacturing, automotive manufacturing, infrastructure development.

Copper Market Growth Forecast

The copper market size is expected to see strong growth in the next few years. It will grow to $253.82 billion in 2029 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to renewable energy transition, electric vehicles (EVs) demand, urbanization and construction growth, 5G network expansion, global economic recovery. Major trends in the forecast period include copper in antimicrobial applications, supply chain resilience and diversification, copper recycling initiatives, copper alloy innovations, copper price volatility and market speculation.

Copper Market Driver: The Impact Of Rapid Urbanization On The Copper Market

The growth in the copper market is due to increasing construction projects in rapidly developing countries such as China and India owing to the rising population and infrastructure. Population refers to the whole number of people or inhabitants in a country or region. Copper minerals and ores are found in both igneous and sedimentary rocks. For instance, In June 2022, according to Worldometer, a US-based reference website that provides counters and real-time statistics for diverse topics, The current population of China is 1,450,341,718. Therefore, the rising population is driving the growth of the copper market.

Copper Market Driver: Copper Market Surge Driven By The Soaring Popularity Of Electric Vehicles

The rising popularity of electric vehicles is expected to propel the growth of the copper market going forward. Electric vehicles (EVs) are vehicles that use one or more electric motors for propulsion, relying on electricity as their primary source of power. Copper is used in electric vehicles for enhanced performance, efficiency, sustainability, efficient energy storage, charging infrastructure, durability and reliability, weight reduction, and minimal energy loss during the transmission of electric power within the vehicle. For instance, in March 2024, according to the Electrical Vehicle Council, an Australia-based national body representing the electric vehicle industry, reported that 98,436 new EVs were sold in 2023. This marked a more than twofold increase in EV purchases compared to 2022, bringing the total number of electric vehicles on Australian roads to over 180,000. Therefore, the rising popularity of electric vehicles is driving the growth of the copper market.

Global Copper Market Major Players

Major companies operating in the copper market include Glencore plc, BHP Billiton, Rio Tinto Group, Vale S.A., Zijin Mining Group Co. Ltd., Tongling Nonferrous Metals Group Co. Ltd., Freeport-McMoRan Inc., Codelco, Norilsk Nickel, Grupo México, Teck Resources Ltd., Southern Copper Corporation, First Quantum Minerals Ltd., Antofagasta plc, Jiangxi Copper Co. Ltd., Lundin Mining Corporation, Kaz Minerals PLC, Hudbay Minerals Inc., Capstone Copper Corp., KGHM Polska Miedz S.A., Ero Copper Corp., Copper Mountain Mining Corporation, Sumitomo Metal Mining Co. Ltd., Boliden AB

Global Copper Market Trend: Revolutionizing Copper circularity Through Strategic Partnership

Major companies operating in the copper market are adopting a strategic partnership approach to enhance technology integration and expand market reach. A strategic partnership typically refers to a collaborative relationship between two or more organizations where they combine their resources, expertise, and efforts to achieve common goals or objectives. For instance, In October 2024, Schneider Electric, a France-based energy management and automation company, partnered with Glencore plc, a Switzerland based commodity trading and mining company to transform its copper supply chain and advance decarbonization efforts. Through this partnership, Schneider directly sources responsibly obtained, recyclable copper from Glencore and distributes IT to its European factories. This collaboration also enables Glencore to adopt sustainable procurement practices for low-carbon capital equipment, aligning with Schneider’s Zero Carbon Project. Furthermore, Schneider supports Glencore with enhanced energy reporting systems, which include fuel-switching options and energy efficiency improvements.

Global Copper Market Trend: Sustainable Innovation In The Copper Market By Revolutionizing Building Solutions With Recycled Copper Tubes

Major companies operating in the copper market are developing new products such as recycled copper tubes to gain a competitive edge in the market. Recycled copper tubes refer to copper tubing that has been reclaimed and repurposed from post-industrial sources rather than being produced from newly mined copper ore. For instance, in March 2023, Wieland-Werke AG a Germany-based company that specializes in the production of semi-finished copper and copper alloy products launched cuprolife. Cuprolife is made with a mass balance technique and is intended to be a sustainable option for the building sector. The tubes are flexible and simple to install, and they are constructed entirely of pure copper Cu-DHP. Cuprolife tubes can be used in a variety of applications, such as solar systems, heating, gas, liquid gas, heating oil/biofuel oil B10, and household hot and cold-water delivery. This modern invention aims to lessen the negative effects of copper manufacturing on the environment and promote sustainability.

Regional Outlook For The Global Copper Market

Asia-Pacific was the largest region in the copper market in 2024. The regions covered in the copper market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the copper market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

What Defines the Copper Market?

The copper market includes revenues earned by entities by building construction, transportation, electronics and consumer goods. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Copper Industry?

The copper market research report is one of a series of new reports from The Business Research Company that provides copper market statistics, including copper industry global market size, regional shares, competitors with a copper market share, detailed copper market segments, market trends and opportunities, and any further data you may need to thrive in the copper industry. This copper global market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Copper Market Report Forecast Analysis
Report AttributeDetails
Market Size Value In 2025 $190.72 billion
Revenue Forecast In 2034 $253.82 billion
Growth Rate CAGR of 7.4% from 2024 to 2033
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered 1) By Type: Refining Industry, Metal Processing Industry, Chemical Industry, And Other Types
2) By Mining Type: Underground Mining, Surface Mining Subsegments: 1) By Refining Industry: Primary Copper Refining, Secondary Copper Refining (Recycling)
2) By Metal Processing Industry: Copper Casting, Copper Rolling And Extrusion, Copper Forging, Copper Drawing
3) By Chemical Industry: Copper Sulfate Production, Copper Chloride Production, Copper Oxide Production
4) By Other Types: Electrical Industry (Cables, Wires), Construction Industry (Copper-Based Alloys, Pipes, Fittings), Automotive Industry (Copper Components), Renewable Energy (Solar Panels, Wind Turbines)
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Glencore plc, BHP Billiton, Rio Tinto Group, Vale S.A., Zijin Mining Group Co. Ltd., Tongling Nonferrous Metals Group Co. Ltd., Freeport-McMoRan Inc., Codelco, Norilsk Nickel, Grupo México, Teck Resources Ltd., Southern Copper Corporation, First Quantum Minerals Ltd., Antofagasta plc, Jiangxi Copper Co. Ltd., Lundin Mining Corporation, Kaz Minerals PLC, Hudbay Minerals Inc., Capstone Copper Corp., KGHM Polska Miedz S.A., Ero Copper Corp., Copper Mountain Mining Corporation, Sumitomo Metal Mining Co. Ltd., Boliden AB
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Copper Market Characteristics

    3. Copper Market Trends And Strategies

    4. Copper Market - Macro Economic Scenario Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics And Covid And Recovery On The Market

    5. Global Copper Growth Analysis And Strategic Analysis Framework

    5.1. Global Copper PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

    5.2. Analysis Of End Use Industries

    5.3. Global Copper Market Growth Rate Analysis

    5.4. Global Copper Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

    5.5. Global Copper Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

    5.6. Global Copper Total Addressable Market (TAM)

    6. Copper Market Segmentation

    6.1. Global Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Refining Industry

    Metal Processing Industry

    Chemical Industry

    Other Types

    6.2. Global Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Underground Mining

    Surface Mining

    6.3. Global Copper Market, Sub-Segmentation Of Refining Industry, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Primary Copper Refining

    Secondary Copper Refining (Recycling)

    6.4. Global Copper Market, Sub-Segmentation Of Metal Processing Industry, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Copper Casting

    Copper Rolling And Extrusion

    Copper Forging

    Copper Drawing

    6.5. Global Copper Market, Sub-Segmentation Of Chemical Industry, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Copper Sulfate Production

    Copper Chloride Production

    Copper Oxide Production

    6.6. Global Copper Market, Sub-Segmentation Of Other Types, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Electrical Industry (Cables, Wires)

    Construction Industry (Copper-Based Alloys, Pipes, Fittings)

    Automotive Industry (Copper Components)

    Renewable Energy (Solar Panels, Wind Turbines)

    7. Copper Market Regional And Country Analysis

    7.1. Global Copper Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    7.2. Global Copper Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8. Asia-Pacific Copper Market

    8.1. Asia-Pacific Copper Market Overview

    Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8.3. Asia-Pacific Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    9. China Copper Market

    9.1. China Copper Market Overview

    9.2. China Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    9.3. China Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    10. India Copper Market

    10.1. India Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    10.2. India Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11. Japan Copper Market

    11.1. Japan Copper Market Overview

    11.2. Japan Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11.3. Japan Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12. Australia Copper Market

    12.1. Australia Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12.2. Australia Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13. Indonesia Copper Market

    13.1. Indonesia Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13.2. Indonesia Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14. South Korea Copper Market

    14.1. South Korea Copper Market Overview

    14.2. South Korea Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14.3. South Korea Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15. Western Europe Copper Market

    15.1. Western Europe Copper Market Overview

    15.2. Western Europe Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15.3. Western Europe Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16. UK Copper Market

    16.1. UK Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16.2. UK Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17. Germany Copper Market

    17.1. Germany Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17.2. Germany Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18. France Copper Market

    18.1. France Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18.2. France Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19. Italy Copper Market

    19.1. Italy Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19.2. Italy Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20. Spain Copper Market

    20.1. Spain Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20.2. Spain Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21. Eastern Europe Copper Market

    21.1. Eastern Europe Copper Market Overview

    21.2. Eastern Europe Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21.3. Eastern Europe Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22. Russia Copper Market

    22.1. Russia Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22.2. Russia Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23. North America Copper Market

    23.1. North America Copper Market Overview

    23.2. North America Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23.3. North America Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24. USA Copper Market

    24.1. USA Copper Market Overview

    24.2. USA Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24.3. USA Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25. Canada Copper Market

    25.1. Canada Copper Market Overview

    25.2. Canada Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25.3. Canada Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26. South America Copper Market

    26.1. South America Copper Market Overview

    26.2. South America Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26.3. South America Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27. Brazil Copper Market

    27.1. Brazil Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27.2. Brazil Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28. Middle East Copper Market

    28.1. Middle East Copper Market Overview

    28.2. Middle East Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28.3. Middle East Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29. Africa Copper Market

    29.1. Africa Copper Market Overview

    29.2. Africa Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29.3. Africa Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    30. Copper Market Competitive Landscape And Company Profiles

    30.1. Copper Market Competitive Landscape

    30.2. Copper Market Company Profiles

    30.2.1. Glencore plc Overview, Products and Services, Strategy and Financial Analysis

    30.2.2. BHP Billiton Overview, Products and Services, Strategy and Financial Analysis

    30.2.3. Rio Tinto Group Overview, Products and Services, Strategy and Financial Analysis

    30.2.4. Vale S.A. Overview, Products and Services, Strategy and Financial Analysis

    30.2.5. Zijin Mining Group Co. Ltd. Overview, Products and Services, Strategy and Financial Analysis

    31. Copper Market Other Major And Innovative Companies

    31.1. Tongling Nonferrous Metals Group Co. Ltd.

    31.2. Freeport-McMoRan Inc.

    31.3. Codelco

    31.4. Norilsk Nickel

    31.5. Grupo México

    31.6. Teck Resources Ltd.

    31.7. Southern Copper Corporation

    31.8. First Quantum Minerals Ltd.

    31.9. Antofagasta plc

    31.10. Jiangxi Copper Co. Ltd.

    31.11. Lundin Mining Corporation

    31.12. Kaz Minerals PLC

    31.13. Hudbay Minerals Inc.

    31.14. Capstone Copper Corp.

    31.15. KGHM Polska Miedz S.A.

    32. Global Copper Market Competitive Benchmarking And Dashboard

    33. Key Mergers And Acquisitions In The Copper Market

    34. Recent Developments In The Copper Market

    35. Copper Market High Potential Countries, Segments and Strategies

    35.1 Copper Market In 2029 - Countries Offering Most New Opportunities

    35.2 Copper Market In 2029 - Segments Offering Most New Opportunities

    35.3 Copper Market In 2029 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Copper Market, Sub-Segmentation Of Refining Industry, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Copper Market, Sub-Segmentation Of Metal Processing Industry, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Copper Market, Sub-Segmentation Of Chemical Industry, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Copper Market, Sub-Segmentation Of Other Types, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Copper Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Global Copper Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Asia-Pacific, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Asia-Pacific, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: China, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: China, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: India, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: India, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: Japan, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: Japan, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: Australia, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: Australia, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: Indonesia, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: Indonesia, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: South Korea, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: South Korea, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Western Europe, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Western Europe, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: UK, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: UK, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: Germany, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: Germany, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: France, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: France, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: Italy, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: Italy, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: Spain, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: Spain, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: Eastern Europe, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: Eastern Europe, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: Russia, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: Russia, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: North America, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: North America, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: USA, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: USA, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: Canada, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: Canada, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: South America, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: South America, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Brazil, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Brazil, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Middle East, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Middle East, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Africa, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Africa, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: Glencore plc Financial Performance
  • Table 56: BHP Billiton Financial Performance
  • Table 57: Rio Tinto Group Financial Performance
  • Table 58: Vale S.A. Financial Performance
  • Table 59: Zijin Mining Group Co. Ltd. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Copper Market, Sub-Segmentation Of Refining Industry, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Copper Market, Sub-Segmentation Of Metal Processing Industry, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Copper Market, Sub-Segmentation Of Chemical Industry, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Copper Market, Sub-Segmentation Of Other Types, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Copper Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Global Copper Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Asia-Pacific, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Asia-Pacific, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: China, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: China, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: India, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: India, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: Japan, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: Japan, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: Australia, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: Australia, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: Indonesia, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: Indonesia, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: South Korea, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: South Korea, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Western Europe, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Western Europe, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: UK, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: UK, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: Germany, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: Germany, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: France, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: France, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: Italy, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: Italy, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: Spain, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: Spain, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: Eastern Europe, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: Eastern Europe, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: Russia, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: Russia, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: North America, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: North America, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: USA, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: USA, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: Canada, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: Canada, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: South America, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: South America, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Brazil, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Brazil, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Middle East, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Middle East, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Africa, Copper Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Africa, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: Glencore plc Financial Performance
  • Figure 56: BHP Billiton Financial Performance
  • Figure 57: Rio Tinto Group Financial Performance
  • Figure 58: Vale S.A. Financial Performance
  • Figure 59: Zijin Mining Group Co. Ltd. Financial Performance
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Frequently Asked Questions

What is the definition of the Copper market?

Copper is a chemical element with the symbol Cu and atomic number 29. Copper is widely used in electrical equipment such as wiring, motors, and electrical cables due to its excellent conductivity properties. For further insights on the Copper market, request a sample here

How will the Copper market drivers and restraints affect the market dynamics? What forces will shape the Copper industry going forward?

The Copper market major growth driver - The Impact Of Rapid Urbanization On The Copper Market. For further insights on the Copper market, request a sample here

What is the forecast market size or the forecast market value of the Copper market?

The Copper market size has grown strongly in recent years. The copper market size has grown strongly in recent years. It will grow from $176.88 billion in 2024 to $190.72 billion in 2025 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to electrical and electronics industry, construction sector, industrial machinery manufacturing, automotive manufacturing, infrastructure development. The copper market size is expected to see strong growth in the next few years. It will grow to $253.82 billion in 2029 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to renewable energy transition, electric vehicles (EVs) demand, urbanization and construction growth, 5G network expansion, global economic recovery. Major trends in the forecast period include copper in antimicrobial applications, supply chain resilience and diversification, copper recycling initiatives, copper alloy innovations, copper price volatility and market speculation. For further insights on the Copper market, request a sample here

How is the Copper market segmented?

The copper market covered in this report is segmented –
1) By Type: Refining Industry, Metal Processing Industry, Chemical Industry, And Other Types
2) By Mining Type: Underground Mining, Surface Mining Subsegments:
1) By Refining Industry: Primary Copper Refining, Secondary Copper Refining (Recycling)
2) By Metal Processing Industry: Copper Casting, Copper Rolling And Extrusion, Copper Forging, Copper Drawing
3) By Chemical Industry: Copper Sulfate Production, Copper Chloride Production, Copper Oxide Production
4) By Other Types: Electrical Industry (Cables, Wires), Construction Industry (Copper-Based Alloys, Pipes, Fittings), Automotive Industry (Copper Components), Renewable Energy (Solar Panels, Wind Turbines) For further insights on the Copper market,
request a sample here

Which region has the largest share of the Copper market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the copper market in 2024. The regions covered in the copper market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the Copper market, request a sample here.

Who are the major players in the Copper market?

Major companies operating in the copper market include Glencore plc, BHP Billiton, Rio Tinto Group, Vale S.A., Zijin Mining Group Co. Ltd., Tongling Nonferrous Metals Group Co. Ltd., Freeport-McMoRan Inc., Codelco, Norilsk Nickel, Grupo México, Teck Resources Ltd., Southern Copper Corporation, First Quantum Minerals Ltd., Antofagasta plc, Jiangxi Copper Co. Ltd., Lundin Mining Corporation, Kaz Minerals PLC, Hudbay Minerals Inc., Capstone Copper Corp., KGHM Polska Miedz S.A., Ero Copper Corp., Copper Mountain Mining Corporation, Sumitomo Metal Mining Co. Ltd., Boliden AB . For further insights on the Copper market, request a sample here.

What are the key trends in the Copper market?

Major trends in the Copper market include Revolutionizing Copper circularity Through Strategic Partnership. For further insights on the Copper market, request a sample here.

What are the major opportunities in the Copper market? What are the strategies for the Copper market?

For detailed insights on the major opportunities and strategies in the Copper market, request a sample here.

How does the Copper market relate to the overall economy and other similar markets?

For detailed insights on Copper's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the Copper industry?

For detailed insights on the mergers and acquisitions in the Copper industry, request a sample here.

What are the key dynamics influencing the Copper market growth? SWOT analysis of the Copper market.

For detailed insights on the key dynamics influencing the Copper market growth and SWOT analysis of the Copper industry, request a sample here.