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Copper Market Forecasted to Reach US$ 278.1 Billion with a 4.6% CAGR by 2031 | Transparency Market Research

12-14-2023 01:00 PM CET | Industry, Real Estate & Construction

Press release from: Transparecny Market Research

Copper Market Forecasted to Reach US$ 278.1 Billion with a 4.6%

The latest research study released by Transparency Market Research on "Copper Market Forecast to 2022-2031 โ€ณ research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the Copper industry, as well as predicted future growth, technological advancements, investment prospects, market economics, and financial data.

Copper market is estimated to attain a valuation of US$ 278.1 Bn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 4.6% during the forecast period, 2022-2031

๐†๐ž๐ญ ๐š ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ (๐”๐ฌ๐ž ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ž ๐Œ๐š๐ข๐ฅ ๐ˆ๐ ๐Ÿ๐จ๐ซ ๐๐ฎ๐ข๐œ๐ค ๐‘๐ž๐ฌ๐ฉ๐จ๐ง๐ฌ๐ž)

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2098

Key Driver Analysis:

Global Economic Growth stands as a primary influencer, as expanding economies, particularly in emerging markets, drive heightened demand for copper in infrastructure, construction, and manufacturing.

Renewable Energy and Electrification Initiatives also significantly impact the market, with the rising need for copper in renewable energy generation (wind and solar power) and the accelerating adoption of electric vehicles.

Urbanization and Infrastructure Development play a pivotal role, fueling demand for copper in construction projects, power systems, and transportation networks amid rapid urban expansion.

Technological Advancements drive increased consumption of copper in electronics, telecommunications, and various technological innovations.

Supply Constraints and Mining Challenges, including declining ore grades, geopolitical tensions, and environmental regulations, present challenges that could limit copper supply and market growth.

Global Trade Dynamics and Geopolitical Factors, such as trade policies and tensions between major copper-producing nations, significantly influence supply chains and prices, shaping market dynamics.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐ฆ๐จ๐ซ๐ž ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐›๐ž๐Ÿ๐จ๐ซ๐ž ๐ฉ๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž -
https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=2098

Competitor Analysis:

Aurubis AG
HP Bilition
Rio Tinto
Freeport McMoRan Inc.
Glencore International AG
Jiangxi Copper Corporation
LS-Nikko Co.
Sumitomo Metal Mining Co. Ltd.
Other

Market Segmentation -

Grade
Pure Coppers
Oxygen-free Coppers
Electrolytic Coppers
Free-Machining Coppers

Form
Wire Rods
Plates
Sheets and Strips
Tubes
Bars and Sections
Other

Application
Electric-vehicles
Wiring
Motor parts
Industrial machinery
Roofing
Pipes
Solar Panels
Optical fibers
Other

End-use
Construction
Automotive
Electrical & Electronics
Power
Telecommunication
Others

This Report lets you identify the opportunities in Copper Market by means of a region:

North America (the United States, Canada, and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
South America (Brazil etc.) The Middle East and Africa (North Africa and GCC Countries)

๐€๐ง๐ฒ ๐๐ฎ๐ž๐ซ๐ฒ? ๐€๐ฌ๐ค ๐“๐จ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ:
https://www.transparencymarketresearch.com/sample/sample.php?flag=ASK&rep_id=2098

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐“๐ซ๐š๐ง๐ฌ๐ฉ๐š๐ซ๐ž๐ง๐œ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก -

Sensor-Based Smart:ย https://www.globenewswire.com/en/news-release/2023/07/07/2700968/0/en/Sensor-Based-Smart-Catheters-Market-to-Exceed-US-7-Billion-by-2031-growing-with-CAGR-of-8-0-TMR-Study.html

Cold Plasma Market:ย https://www.globenewswire.com/en/news-release/2023/07/07/2700945/0/en/Cold-Plasma-Market-Projected-to-Surge-at-12-3-CAGR-Reaching-USD-6-2-Bn-by-2031-TMR-Study.html

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ ๐“๐ซ๐š๐ง๐ฌ๐ฉ๐š๐ซ๐ž๐ง๐œ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ
Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

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