Global Copper Market Report 2024

Copper Global Market Report 2024 – 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 2024-2033

Copper Global Market Report 2024

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Copper Market Definition

Copper ore mining refers to the complex process of processing copper which starts with the mining of the ore, which contains less than 1% copper, and concludes with cathodes, which are sheets of 99.99% pure copper that will eventually be turned into everyday items. Copper oxide and copper sulphide are the two most prevalent forms of ores.

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

Global Copper Market Size 2023 to 2028: Graph

Copper Market Size 2024 And Growth Rate

The copper market size has grown strongly in recent years. It will grow from $166.25 billion in 2023 to $179.84 billion in 2024 at a compound annual growth rate (CAGR) of 8.2%. 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 $240.52 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. 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 July 2023, according to the International Energy Agency, a France-based autonomous intergovernmental organization, sales of electric vehicles nearly doubled to 6.6 million in 2021. 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 report are 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, MMC Norilsk Nickel PJSC, Grupo México, Teck Resources Ltd., Newmont Corporation, Southern Copper Corporation, First Quantum Minerals Ltd., Antofagasta plc, Seacube Containers LLC, Jiangxi Copper Co. Ltd., Lundin Mining Corporation, Kaz Minerals PLC, TRITON International Ltd., Hudbay Minerals Inc., Capstone Copper Corp., KGHM Polska Miedz S.A., CAI International Inc., Textainer Group Inc., Seaco Global Holdings Corp., Ero Copper Corp., Copper Mountain Mining Corporation, Florens Containers Inc., Beacon Intermodal Group LLC, Sumitomo Metal Mining Co. Ltd., Boliden AB

Global Copper Market Trend: Revolutionizing Copper Mining Through The Integration Of Autonomous Drilling Systems

Autonomous drilling systems are being implemented by the copper industries to enhance safety, efficiency, and productivity. This technology is being used to accurately identify drill location and drill production blast holes more effectively using advanced levelling technologies.

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 Insights For The Global Copper Market

Asia-Pacific was the largest region in the copper ore mining market in 2023. 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.

The copper ore mining 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.

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.

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 And Analysis
Report AttributeDetails
Market Size Value In 2024 $179.84 billion
Revenue Forecast In 2033 $240.52 billion
Growth Rate CAGR of 7.5% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Type: Refining Industry, Metal Processing Industry, Chemical Industry, and Other Types
2) By Mining Type: Underground Mining, Surface Mining
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 for an additional fee: 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; MMC Norilsk Nickel PJSC; Grupo México; Teck Resources Ltd.; Newmont Corporation; Southern Copper Corporation; First Quantum Minerals Ltd.; Antofagasta plc; Seacube Containers LLC; Jiangxi Copper Co. Ltd.; Lundin Mining Corporation; Kaz Minerals PLC; TRITON International Ltd.; Hudbay Minerals Inc.; Capstone Copper Corp.; KGHM Polska Miedz S.A.; CAI International Inc.; Textainer Group Inc.; Seaco Global Holdings Corp.; Ero Copper Corp.; Copper Mountain Mining Corporation; Florens Containers Inc.; Beacon Intermodal Group LLC; 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

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Copper Market Size and Growth

    5.1. Global Copper Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Copper Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Copper Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Copper Market Segmentation

    6.1. Global Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Refining Industry

    Metal Processing Industry, Chemical Industry

    Other Types

    6.2. Global Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Underground Mining

    Surface Mining

    7. Copper Market Regional And Country Analysis

    7.1. Global Copper Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Copper Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Copper Market

    8.1. Asia-Pacific Copper Market Overview

    Region Information, Impact Of COVID-19, 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, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Copper Market

    9.1. China Copper Market Overview

    9.2. China Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Copper Market

    10.1. India Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Copper Market

    11.1. Japan Copper Market Overview

    11.2. Japan Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Copper Market

    12.1. Australia Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Copper Market

    13.1. Indonesia Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Copper Market

    16.1. UK Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Copper Market

    17.1. Germany Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Copper Market

    18.1. France Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Copper Market

    19.1. Italy Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Copper Market

    20.1. Spain Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Copper Market

    22.1. Russia Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Copper Market

    24.1. USA Copper Market Overview

    24.2. USA Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Copper Market

    25.1. Canada Copper Market Overview

    25.2. Canada Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Copper Market

    27.1. Brazil Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Copper Market

    29.1. Africa Copper Market Overview

    29.2. Africa Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Copper Market Competitive Landscape And Company Profiles

    30.1. Copper Market Competitive Landscape

    30.2. Copper Market Company Profiles

    30.2.1. 3M Company

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. CRH plc

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Holcim Group

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Cemax S.A.B. de C.V.

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Vulcan Materials Company

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Copper Market Other Major And Innovative Companies

    31.1. Martin Marietta Materials Inc.

    31.2. Lehigh Hanson Inc.

    31.3. Buzzi Unicem USA Inc.

    31.4. Granite Construction Inc.

    31.5. Lhoist North America Inc.

    31.6. Summit Materials LLC

    31.7. Luck Stone Corporation

    31.8. Hanson Aggregates Limited

    31.9. The Shelly Co.

    31.10. Ash Grove Cement Company

    31.11. Carmeuse Lime & Stone Inc.

    31.12. The H&K Group Inc.

    31.13. Dolese Bros. Co.

    31.14. Rogers Group Inc.

    31.15. HeidelbergCement AG

    32. Global Copper Market Competitive Benchmarking

    33. Global Copper Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Copper Market

    35. Copper Market Future Outlook and Potential Analysis

    35.1 Copper Market In 2028 - Countries Offering Most New Opportunities

    35.2 Copper Market In 2028 - Segments Offering Most New Opportunities

    35.3 Copper Market In 2028 - 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, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Copper Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Copper Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Asia-Pacific, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: China, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: China, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: India, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: India, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: Japan, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: Japan, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: Australia, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: Australia, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Indonesia, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Indonesia, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: South Korea, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: South Korea, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Western Europe, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Western Europe, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: UK, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: UK, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Germany, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: Germany, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: France, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: France, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Italy, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Italy, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Spain, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: Spain, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: Eastern Europe, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: Eastern Europe, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Russia, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Russia, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: North America, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: North America, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: USA, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: USA, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Canada, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Canada, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: South America, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: South America, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Brazil, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Brazil, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Middle East, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Middle East, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Africa, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Africa, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: 3M Company Financial Performance
  • Table 52: CRH plc Financial Performance
  • Table 53: Holcim Group Financial Performance
  • Table 54: Cemax S.A.B. de C.V. Financial Performance
  • Table 55: Vulcan Materials Company Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Copper Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Copper Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Asia-Pacific, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: China, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: China, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: India, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: India, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: Japan, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: Japan, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: Australia, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: Australia, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Indonesia, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Indonesia, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: South Korea, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: South Korea, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Western Europe, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Western Europe, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: UK, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: UK, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Germany, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: Germany, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: France, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: France, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Italy, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Italy, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Spain, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: Spain, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: Eastern Europe, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: Eastern Europe, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Russia, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Russia, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: North America, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: North America, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: USA, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: USA, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Canada, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Canada, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: South America, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: South America, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Brazil, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Brazil, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Middle East, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Middle East, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Africa, Copper Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Africa, Copper Market, Segmentation By Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: 3M Company Financial Performance
  • Figure 52: CRH plc Financial Performance
  • Figure 53: Holcim Group Financial Performance
  • Figure 54: Cemax S.A.B. de C.V. Financial Performance
  • Figure 55: Vulcan Materials Company Financial Performance
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Frequently Asked Questions

What is the definition of the copper market?

Copper ore mining refers to the complex process of processing copper which starts with the mining of the ore, which contains less than 1% copper, and concludes with cathodes, which are sheets of 99.99% pure copper that will eventually be turned into everyday items. Copper oxide and copper sulphide are the two most prevalent forms of ores. For further insights on the copper market, request a sample here

How will the copper market drivers and restraints affect the copper 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. It will grow from $166.25 billion in 2023 to $179.84 billion in 2024 at a compound annual growth rate (CAGR) of 8.2%. 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 $240.52 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. 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 is segmented
1) By Type: Refining Industry, Metal Processing Industry, Chemical Industry, and Other Types
2) By Mining Type: Underground Mining, Surface MiningFor 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 ore mining market in 2023. 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 report are 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, MMC Norilsk Nickel PJSC, Grupo México, Teck Resources Ltd., Newmont Corporation, Southern Copper Corporation, First Quantum Minerals Ltd., Antofagasta plc, Seacube Containers LLC, Jiangxi Copper Co. Ltd., Lundin Mining Corporation, Kaz Minerals PLC, TRITON International Ltd., Hudbay Minerals Inc., Capstone Copper Corp., KGHM Polska Miedz S.A., CAI International Inc., Textainer Group Inc., Seaco Global Holdings Corp., Ero Copper Corp., Copper Mountain Mining Corporation, Florens Containers Inc., Beacon Intermodal Group LLC, 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 trend in the copper market - revolutionizing copper mining through the integration of autonomous drilling systems . 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 market'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.