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Copper Strips Market is Expected to Reach $13,100.0 Million by 2030: Cognitive Market Research

02-03-2023 07:32 AM CET | Industry, Real Estate & Construction

Press release from: Cognitive Market Research

Copper Strips Market is Expected to Reach $13,100.0 Million by 2030: Cognitive Market Research

Copper Strips Market is Expected to Reach $13,100.0 Million by 2030: Cognitive Market Research

The Global Copper Strips market is expected to reach USD 13,100.0 million by 2027, growing at a CAGR of 4.8% from 2020 to 2027.

Read Full Report with Table of Contents: https://www.cognitivemarketresearch.com/copper-strips-market-report

Increasing infrastructural development, particularly in developing countries, also high gains in construction spending enhances the product consumption in various applications including switchgears, transformers and other electronics are the major driving factors for the global copper strips market. But, some factors such as high competition from alternative metals and minerals, also higher cost as compared to aluminum, and aluminum is cheaper and does not involve much fluctuation in prices as copper are hamper the growth of the global copper strips market. Along with that, rising product demand in power generation stations to connecting generators with step up transformers and further transformer to switchgears and wide use of industrial and antibacterial applications these factors create the huge market opportunity for the global copper strips market.

- On the Basis of Product, The Global Copper Strips market is segmented into thickness >10mm, thickness 6-10mm, and thickness 10mm is projected to be the fastest-growing end-use industry of the global copper strips market during the forecast period due to the high demand and easy availability in market.

Product Type:
• Thickness More than 10mm
• Thickness 6-10mm
• Thickness Greater than 6mm

- On the Basis of Applications, The Global Copper Strips market is classified into machinery industry, electronic industry, architecture and art, and others. After analysis, electronic industry is projected as the fastest growing segment in the global copper strips market. Due to high demand for high quality copper along with high electrical conductivity and used in various applications including casting molds, klystrons, backing plates, video & audio systems, microwave tubes, semiconductors, heat sinks, magnetrons, vacuum capacitors & interrupters and printed circuit boards.

Applications/ End-User:
• Machinery Industry
• Electronic Industry
• Architecture and Art
• Others

Global Copper Strips Market: Major Key Players
• Aurubis
• KME
• Mitsubishi Shindoh
• GB Holding
• Wieland
• Poongsan
• CHALCO
• MKM
• Jintian Group
• Furukawa

Related Report:
• Phosphor Bronze Strips- https://www.cognitivemarketresearch.com/phosphor-bronze-strips-market-report
• Insulation Strips- https://www.cognitivemarketresearch.com/insulation-strips-market-report
• Precision Stainless Steel Strips- https://www.cognitivemarketresearch.com/precision-stainless-steel-strips-market-report

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
USA: +1 312-376-8303
Europe and UK: (+44) 20-8144-9523
Asia Pacific: (+852) 81930785
Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us

About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.

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