Global Copper Market Size By Type, By Form, By End-User, By Geographic Scope And Forecast
Copper Market Size And Forecast
Copper Market was valued at USD 6.74 Billion in 2019 and is projected to reach USD 10.53 Billion by 2027, growing at a CAGR of 5.8% from 2020 to 2027.
Global Copper Market Outlook
Properties of copper such as ductility, high tensile strength, machinability, corrosion resistance, higher thermal conductivity, and high heat transfer capability are likely to fuel the demand of copper across various industrial segments over the forecasted years. Increasing demand for copper in mining technology, defense, ; machinery and discovery of newer copper reserves are also projected to boost the market during the predicted years. On the other hand, fluctuating prices of copper can hamper the market growth.
Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The Global Copper Market is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.
Global Copper Market Competitive Landscape
The Global Copper Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Codelco, Freeport-McMoRan, BHP Billiton, Glencore, Southern Copper Corp., KGHM Polska Miedz, Antofagasta, First Quantum Ltd., Rio Tinto Group, and Vale.
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