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Copper Industry Market Research Reports, Analysis & Trends
Copper industry comprises companies that operate by producing, exploring and digging of copper mines across the world for various purposes. Copper is a chemical element in the periodic table that has the symbol Cu and atomic number 29. It is a ductile metal with excellent electrical conductivity, and finds extensive use as an electrical conductor, heat conductor, as a building material, and as a component of various alloys. Copper has played a significant part in the history of mankind, which has used the easily accessible uncompounded metal for nearly 10,000 years. Civilizations in places such as Iraq, China, Egypt, Greece and the Sumerian cities all have early evidence of using copper.
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Global copper production is expected grow at a CAGR of 9.7% till 2020 and reach 26.2 million tons.
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Click here to find out moreA number of countries, such as Chile and the US still have sizable reserves of the metal which are extracted through large open pit mines. Nevertheless, the price of copper rose rapidly, increasing 500% from a 60-year low in 1999, largely due to increased demand. This metal has come into the limelight on account of high volatility in prices. According to New Scientist, the earth has an estimated 61 years supply of copper left. The size of Indian Copper Industry is around 400,000 tons, which as percentage of world copper market is 3%. India is emerging as net exporter of copper from the status of net importer on account of rise in production by three companies. Copper goes into various usage such as building, cabling for power and telecommunications, automobiles and many others.
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Copper Industry Trends
Australia is one of the world's major copper mining countries, although its output lags behind that of Chile, Peru, the United States and China. Chile alone represents about one-third of global copper mine output. An increase of Australia's copper ore production is expected to boost industry revenue by 5.1% in 2013-14. This will bring industry revenue to $7.8 billion by the end of 2014. Copper has excellent heat and electrical conducting properties. Copper is widely used in applications such as the electrical wiring in homes or in the electronic device this article may be read on. Computers and other digital devices require heat sinks to prevent overheating. These heat sinks commonly feature copper as a heat conductor to dissipate heat to surrounding air. The most favorable contributing factors for the growth of the copper industry include changes in global usage, industrial development, domestic increases in the construction, power, telecommunications and automobile sectors.
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Copper is used broadly in the manufacture of electrical machinery, building, cabling for power and telecommunications, and automobiles. This metal is also used for making brass and other similar alloys. However, it is the electrical industry that consumes an appreciable bulk of the total amount of copper produced in the world. The industry imports raw copper and exports finished products. Reports suggest that India imports copper ore from Chile, Indonesia, Australia, and Canada. Available figures also suggest that India exports around 400,000 tons of copper which includes raw copper. Two major states owned telecommunications service providers in India are BSNL and MTNL that consume 10% of the country's copper production. Growth in the building construction and automobile sector is expected to keep demand of copper high.
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Major Copper Industry Players
Major players in the copper industry include Tembaga Mulia Semanan TBK, Poongsan Holdings Corp, Jungwoo Metal Ind. Co. Ltd, Chinalco Shanghai Copper, Dongguan Wahwei, Ganzhou Yihao Industry, Guangdong ChaoHua Technology, Hbbei Creatwell Copper Foil, HengChang, Heze Guangyuan Copper Strip, Jiangsu Sunyuan Aerospace Material, Jiangxi Copper-Yates Foil Inc, Jiangyin MingKang, Jiujiang Telford Electronic Material, Kingboard Copper Foil Holdings Ltd, Kinwa, Lingbao Wason Copper Foil, Nan Ya Electronics Materials, Shandong Jinbao Electronics, Suzhou Fukuda Metal, TRG, Tongling Nonferrous Metals Group Holding, Weihua Group, Warner International (Tongling) Electronic Material, and Zhenjiang Fujieda Copper Foil.
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How MarketResearchReports.com Can Help You Find the Right Report(s)?
Copper Industry Overall Growth Forecast
We offer syndicated/off-the-shelf and custom 91制片厂 reports covering Copper industry. These reports are designed to provide a wholistic view of the global Copper industry.
The major growth forecast covered are:
- Copper Industry CAGR % Growth Forecast for 2022-2028
- Copper Industry Value Growth Forecast for 2022-2028
- Copper Industry Key Companies Growth Forecast for 2022-2028
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Copper Industry Regional Data Coverage
The reports offered by us provide deep regional data for Copper industry. This information is designed to help decision makers identify the key growth markets of Copper industry and prepare their business strategy accordingly.
The major regional data covered are:
- Copper Industry Region-Wise Growth Trends
- Copper Industry Key Country Growth Opportunities
- Copper Industry Focus on Most Important Markets
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Copper Industry Trends Analysis
The reports covering Copper industry offer trends analysis of various types. These include overall key growth opportunities in global Copper industry.
The major trends and analysis covered are:
- Copper Industry Key Player Profiles
- Copper Industry SWOT Analysis
- Copper Industry Growth Drivers and Challenges
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Latest Market Research Reports on Copper Industry
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