Press release
Copper Cable Market will reach 215200 million US$ in 2023
Copper is used in electric wiring since the invention of electromagnets. It acts as a conductor in electric wiring. These wirings find extensive use in power generation, power transmission, power distribution, telecommunication, electronic circuitry, and in many other electrical equipment. Copper wires are widely used for wiring owing to many advantages such as highest electrical conductivity among the commercial metals except silver, strength, formability, ease of joining, high thermal conductivity, and resistance to corrosion.
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Global Copper Cable Market: Forecast by Type / Application / Region
The market of copper cable market is expected to grow due to increase in demand for electricity, robust investments in building construction that will in turn help in the growth of the market, and development in mining techniques. One of the key opportunities is that the increase in demand for consumer electronics. With the growth of innovative products such as wearables the market is sure to see an upsurge in the near future.
The worldwide market for Copper Cable is expected to grow at a CAGR of roughly 4.1% over the next five years, will reach 215200 million US$ in 2023, from 169600 million US$ in 2017, according to a new GIR (Global Info Research) study.
Global Nonferrous Metal Recycling Market:Key Players
Elektrokoppar
KGHM
Luvata
Mitsubishi Materials Co.
NBM Metals, Inc.
Ningbo Jintian Copper Group
Sandvik AB
SH Copper Products Co., Ltd.
Tatung Co.
Tongling Jingda Electromagnetic Wire Co., Ltd
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Related Information:
United States Copper Cable Market 2018 Forecast to 2023
Europe Copper Cable Market 2018 Forecast to 2023
North America Copper Cable Market 2018 Forecast to 2023
Asia-Pacific Copper Cable Market 2018 Forecast to 2023
China Copper Cable Market 2018 Forecast to 2023
EMEA Copper Cable Market 2018 Forecast to 2023
Global Copper Cable Market 2018 Forecast to 2023
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