openPR Logo
Press release

Copper Market to Reach US$ 221.6 Billion by 2026

09-24-2021 04:36 PM CET | Industry, Real Estate & Construction

Press release from: Transparency Market Research

Albany, NY - Global Copper Market: Overview

The global copper market is highly concentrated with just few prominent players in the market. However, there are several small players in the market, making it to be a highly competitive market, says Transparency Market Research (TMR) report.

An increasing number of laying of electrical poles across cities and rural areas are expected to boost the demand in the global copper market. The global copper market is expected to register a growth of CAGR 4.6% during the forecast period 2018 to 2026. Simultaneously, the global copper market is estimated to reach the valuation of US$ 221.6bn by the end of 2026.

In terms of geography, the Asia Pacific is projected to rule over the global copper market during the forecast period. The growth in this region can be attributed to increasing demand from automotive, appliances, and construction sectors. On application basis, the global copper market is segmented into construction, power generation, appliances and electronics, transportation, and distribution and transmission. Of these, the global copper market is predicted to be dominated by the construction sector during the forecast period.

Request A Sample of Copper Market - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2098?

Construction Sector to be the Pillar for Global Copper Market

The global copper market is largely driven by the construction sector. Rapid urbanization and increasing number of commercial, industrial, and residential constructions will supposedly create a huge demand for the copper. This factor is expected to bolster the expansion of the global copper market during the forecast period. Alternatively, rising consumer preference for appliances such as induction gas, water heaters, utensils, etc. And electronic goods are expected to propel the global copper market in the upcoming years.

Furthermore, there is a high demand for valves, plumbing, and electrical fittings are projected to augment the global copper market to expand in the upcoming years. This trend is projected to continue throughout the forecast period. Hence, the global copper market is anticipated to expand in the coming years.

More Trending Reports by Transparency Market Research - https://www.prnewswire.com/news-releases/wall-putty-market-to-reach-a-valuation-of-us-6-5-bn-by-2027-emergence-of-new-players-to-toughen-the-competition-in-the-global-market-transparency-market-research-301012427.html

Automotive Industry to Provide Impetus to Growth

Copper is widely being used in automotive sector. This is said to be the second largest industry that provides a huge market for copper. This provides an array of growth opportunities to the global copper market in the upcoming years. Additionally, in the upcoming years there are possibilities of electric vehicles taking over the automotive market. Hence, the global copper market is expected to see a healthy growth during the forecast period. Copper has many properties such as anti-corrosion, ductility, and enhanced strength that makes it as a viable product for industrial equipment, power cables, and wires. Such properties increases the demand for copper and paves way for the global copper market to grow during the forecast period. Moreover mining industry is also predicted to provide growth opportunities to the global copper market during the forecast period.

Request For the Customization - https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=2098

Copper prices are stagnant due to economic conditions such as GDP, financial index, and Sensex. Price stagnancy may slow down the global the global cooper market.

However, the development in the field of copper market is anticipated to be playing a key role in the growth of the global copper market. New copper applications are expected to have properties such as copper touch surfaces, antimicrobial properties, lead free brass plumbing, heat exchangers, and high tech copper wires. Such factors are expected to drive the global copper market during the forecast period.

This review is based upon the TMR report titled, “Copper Market (Type - Primary Copper, Secondary Copper; Form - Wire Rods, Plates, Sheets and Strips, Tubes, Bars and Sections, Others (Ingots, Powder etc.); Application - Construction, Transportation, Appliances and Electronics, Power Generation, Distribution and Transmission, Others (Ammunition Coins Machinery, Defense, etc.)) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018-2026”

Request for covid19 Impact Analysis - https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=2098

Contact

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Copper Market to Reach US$ 221.6 Billion by 2026 here

News-ID: 2406228 • Views: 201

More Releases from Transparency Market Research

Social CRM Market to Rear Excessive Growth During 2020-2030
Social CRM Market: Introduction The social CRM market focuses on capturing the needs of consumers and generates value for them. Social customer relationship management (CRM) provides critical analysis about the market. It enables businesses to build customer relationships and improve their brand presence. The solution helps companies to monitor and analyze their reputation in the market with various keywords such as brand name and company name. Obtain Report Details @
Video Ad Insertion Platform Market: Size Industry Status Growth Opportunity For …
Video ad Insertion Platform Market – Introduction Video ad insertion platform IT enables marketers to serve different advertisements to each viewer based on consumer insights and ad campaign results. Increasing demand for OTT platforms, technological advances, and an increase in the number of internet users are all boosting the video ad insertion platform industry. Furthermore, the 6-second ad is gaining attention on various social media sites. According to new research from
Smart Luggage Market: Analysis, Strategic Assessment, Trend Outlook And Business …
Smart Luggage Market: Introduction Smart luggage are bags with remote lock systems, GPS locator, USB ports for charging the device, remote or app enabled controls, Wi-Fi or Bluetooth connectivity, and solar powered batteries. Smart luggage have anti-theft protection, which provides the user with an alarm or notification when the luggage gets disconnected or is moved out of range. Smart luggage are not only technological advanced but also have a stylish look,
Storage Resource Management Tool Market: Future Growth And Forecast With Signifi …
Global Storage Resource Management Tool Market: Introduction A storage resource management tool enables real-time and historical information for storage infrastructure with regards to capacity and performance, problem determination, device management, and configuration planning and change management. It helps the storage administrator to automate data backup, data recovery, and SAN performance analysis. The tool helps in visualizing relationships and topologies from application to storage array, analyzing health, configurations and capacity growth, and

All 5 Releases


More Releases for Copper

Global Copper and Copper-alloy Foils
LP INFORMATION recently released a research report on the Copper and Copper-alloy Foils Contact US LP INFORMATION E-mail: info@lpinformationdata.com Tel: 001-626-346-3938 (US) 00852-58080956 (HK) 0086 15521064060 (CN) Add: 17890 Castleton St. Suite 162 City of Industry, CA 91748 US Website: https://www.lpinformationdata.com About Us: LP INFORMATION (LPI) is a professional market report publisher based in America, providing high quality market research reports with competitive prices to help decision makers make informed decisions and take strategic actions
Global Copper and Copper-alloy Foils (
LP INFORMATION offers a latest published report on Copper and Copper-alloy Foils ( Contact US LP INFORMATION E-mail: info@marketresearchreportstore.com Tel: CN:0086-13660489451 HK: 00852-58081523 USA:001-626-3463946 Add: 17890 Castleton Street Suite 218 City of Industry CA 91748 United States Website: https://www.marketresearchreportstore.com About Us LP INFORMATION (LPI) is a professional organization related to market research reports in all directions .To provide customers with a variety of market research reports,
Global Copper & Copper Manufactured Products Market Economic Forecasting By 2026 …
Dataintelo offers a latest published report on Global Copper & Copper Manufactured Products Market industry analysis and forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains XX pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Copper & Copper Manufactured Products Market research report delivers a close watch on leading
Copper & Copper Alloy Foil (
Market Research Future published a cooked research report on Global Copper & Copper Alloy Foil Market that contains the information from 2017 to 2023. Copper & Copper Alloy Foil Market is expected to grow with the CAGR 6.14 % during forecast period of 2017 to 2023. Commenting on this report, an analyst from Market Research Future (MRFR)’s team said, “Global Copper & Copper Alloy Foil is estimated to be valued
Copper & Copper Manufactured Products Market, New Research, Forecast 2023
Copper is a non-ferrous metal with excellent malleability and ductility, being widely used in a broad array of industries, namely, electronics, architecture, automotive, and others, owing to its characteristic thermal and heat conductivity. The use of copper is gaining popularity across the globe owing to its benefits such as low greenhouse gas emission. For More Info, Get Sample : http://bit.ly/2i5KEtg The global copper & copper manufactured products market
Copper and Copper Alloy Foils Market 2017- Amari Copper Alloys, Global Brass and …
Apex Market Reports, recently published a detailed market research study focused on the "Copper and Copper Alloy Foils Market" across the global, regional and country level. The report provides 360° analysis of "Copper and Copper Alloy Foils Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Copper and Copper Alloy Foils industry,