Emerging Low-Carbon Copper Market Trends: Increasing Focus On Advanced Products In The Low-Carbon Copper Market Shaping the Future of the Industry

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

Low-Carbon Copper Market Size Growth Forecast: What to Expect by 2025?
The market size for low-carbon copper has seen robust growth in the past few years. It is projected to rise from $78.07 billion in 2024 to $84.47 billion in 2025, with a compound annual growth rate (CAGR) of 8.2%. The historic growth can be connected to the expansion of electrical grids, an uptick in individual consumption of copper, interest from the aerospace and aviation sector, heightened initiatives towards reducing emissions, and the rise of consumer awareness and demand.

How Will the Low-Carbon Copper Market Size Evolve and Grow by 2029?
The market for low-carbon copper is projected to witness significant expansion in the forthcoming years, escalating to a value of $122.72 billion in 2029, at a compound annual growth rate (CAGR) of 9.8%. The projected growth within the speculated timeframe can be ascribed to the rising need for copper in energy transition technologies, an upward trend in electric vehicle demands, an expanding construction industry, and mounting investor pressures and ESG considerations, in addition to an increased demand for consumer goods. The anticipated trends during this period encompass technological evolution, adoption of renewable energy, the rise of innovative business models, the utilization of 3D printing technology, and collaborations.

View the full report here:
https://www.thebusinessresearchcompany.com/report/low-carbon-copper-global-market-report

What Drivers Are Propelling the Growth of Low-Carbon Copper Market Forward?
The surge in electric vehicles' popularity is likely to stimulate the expansion of the low-carbon copper market. Electric vehicles or EVs, vehicles powered by one or more electric motors with energy sourced from rechargeable batteries or other storage devices, are becoming increasingly popular. Their rise in popularity is spurred on by factors such as an increasing preference for sustainable transportation, environmental considerations, and ownership costs. Low-carbon copper notably lowers emission levels throughout an electric vehicle's lifespan, making them more appealing to customers and aligning better with sustainability practices. For example, in July 2023, sales of electric cars skyrocketed during the first quarter, as reported by the France-based International Energy Agency. Over 2.3 million units were sold, indicating a 25% jump from the previous year. It is estimated that by the end of 2023, this figure will reach 14 million, representing a year-over-year increase of 35%. Consequently, the escalating use of electric vehicles is fuelling the expansion of the low-carbon copper market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=15213&type=smp

What Are the Key Trends Driving Low-Carbon Copper Market Growth?
Leading companies in the low-carbon copper market are innovating advanced solutions including low-carbon footprint copper products to boost their market revenue. These low-carbon copper products are produced with significantly reduced CO2 emissions throughout the manufacturing process. For example, Montanwerke Brixlegg AG, a copper processing company based in Austria, introduced a new series of low-carbon copper in March 2022, thereby positioning itself as a high-end supplier in this market. The carbon footprint of this copper production is merely 0.739 tonnes of CO2 per tonne of copper, considerably less than the worldwide average of 4.1 tonnes. This accomplishment is due to streamlined production procedures that utilize renewable energy sources and recycled materials. The copper is entirely produced from recycled metals, thus minimizing the environmental damage from conventional mining and refining activities. By using hydropower for its power requirements, the company further diminishes emissions while guaranteeing environmentally friendly production.

What Are the Key Segments in the Low-Carbon Copper Market?
The low-carbon copper market covered in this report is segmented -

1) By Product Type: Wires; Plates; Sheets And Strips; Tubes; Bars And Sections; Other Product Types
2) By Technology: Electrowinning; Electrolytic
3) By Source: Recycled Copper; Virgin Copper
4) By End-User: Power Generation and Distribution; Building and Construction; Consumer Electronics; Automotive; Other End-Use Applications

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=15213&type=smp

Who Are the Key Players Shaping the Low-Carbon Copper Market's Competitive Landscape?
Major companies operating in the low-carbon copper market report are Trafigura Group Pte Ltd.; Jiangxi Copper Corporation; BHP Group; Rio Tinto Plc; Vale S.A.; Zijin Mining Group Co. Ltd.; Glencore Plc; Freeport-McMoRan Inc.; Codelco; Aurubis AG; Mitsubishi Materials Corporation; Teck Resources Limited; Newmont Corporation; Sumitomo Metal Mining Co. Ltd.; KGHM Polska Miedz S.A.; Antofagasta Plc; Boliden Group; Taseko Mines Ltd.; Luvata Company Ltd; Elcowire Group; Fedral Metal Co.; ASM Metal Recycling Ltd.; Romco; Midwest PGM Recycling Center; Pan Pacific Copper Co. Ltd.

What Geographic Markets Are Powering Growth in the Low-Carbon Copper Market?
Asia-Pacific was the largest region in the low-carbon copper market in 2024. The regions covered in the low-carbon copper market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=15213

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.