The global mined copper market production was 22.42 megatons in 2021. The mined copper production is expected to reach 29.19 megatons by 2027. For more: info@daedal-research.com

1. Global Copper Market: Analysis By
Mined Copper Production, By Refined
Copper Production, By Consumption, By
First-Use (Wire Rod, Flat-rolled Products,
Tubes, and RBS & Other), By End-Use
(Construction, Electrical Network,
Consumer & General, Industrial
Machinery, and Transport), By Region
Size and Trends with Impact of COVID-19
and Forecast up to 2027
November 2022

2. Executive Summary and Scope
Introduction/Market Overview
Global Market Analysis
Regional Market Analysis
Impact Of COVID 19
Dynamics
Competitive Landscape
Company Profiling
Global Copper Market: Coverage

3. Global Copper Market: Coverage
Attributes Details
Title Global Copper Market: Analysis By Mined Copper Production, By Refined Copper Production, By Consumption, By First-
Use (Wire Rod, Flat-rolled Products, Tubes, and RBS & Other), By End-Use (Construction, Electrical Network, Consumer &
General, Industrial Machinery, and Transport), By Region Size and Trends with Impact of COVID-19 and Forecast up to 2027
Coverage Global and Regional
Regional Coverage Latin America (Chile, Peru, and Rest of Latin America), Asia (China, Japan, South Korea, India, Taiwan, and Rest of Asia),
Africa (DRC and Rest of Africa), North America, Europe, and Oceania
Market Influencing
Variables
Growth Drivers, Challenges, Market Trends
Forecast Period of
Market
2022-2027
Competition in the
Market
Fragmented
Key Players Codelco, Glencore, BHP Group Limited, Anglo American Plc, Freeport-McMoRan Inc., First Quantum Minerals Ltd., KGHM
Polska Miedź S.A., Antofagasta Plc, Rio Tinto Group, Aurubis AG, Norilsk Nickel, Grupo México (Southern Copper
Corporation), and Jiangxi Copper Company Limited
Scope of the Report

4. Global Copper Market: Coverage
Copper is a malleable and ductile metallic element. It is an excellent conductor of heat and electricity. The global mined copper market by production
was 22.42 megatons in 2021, and is expected to reach 29.19 megatons by 2027, growing at a CAGR of 4.5% over the projected period of 2022-2027.
Similarly, refined copper market by production is expected to reach 32.80 megatons by 2027 growing at a CAGR of 4.0% during 2022-2027. On the other
hand, the global copper consumption is projected to reach 30.23 megatons by the year 2027, growing at a CAGR of 2.4% during the forecasted period.
The global copper market consumption can be segmented based on first-use (Wire rod, Flat-rolled Products, Tubes, and RBS & Others), and end-use
(Construction, Electrical Networks, Consumer & General, Industrial Machinery, and Transport). Among the first-use, Wire rods lead the market with the
maximum share of approximately 73% in 2021. Latin America accounted for the major share of more than two-fifth of the global market for mined
copper whereas, Asia dominated the refined copper market production in 2021.
Copper mine production around the world dived in the first half of 2020, as the pandemic disrupted operations and metal demand patterns. Production
cut in the copper mine due to the restriction on mining operations has significantly impacted the copper refining activities at factories. However, as the
restrictions eased, the mines started opening which led to an increase in overall copper production in the year 2020. Additionally, global refined copper
production climbed in 2020 as compared to 2019 despite brief smelter shutdowns for maintenance and upgrades affecting output in several nations,
particularly due to an increase in copper production in China. Moreover, among the biggest copper-using regions, copper usage fell in Japan, the
European Union, and the US, which led to a slowdown in copper consumption globally. However, global copper consumption increased due to higher
demand from China’s construction sector.
The global copper market observed progressive growth in the past few years and anticipations are made that during the forecasted period (2022-2027),
the market would further augment at an escalating growth rate. The copper market growth is predicted to be supported by numerous growth drivers
such as rising copper annual capacity in renewable energy, growing use of copper in smart home applications, growth in scrap copper supply,
increasing manufacturing of electrical equipment, and many other factors. Conversely, the market growth would be negatively impacted by various
challenges such as a decline in copper ore grades, challenges of more mineral waste from the copper industry, etc. Moreover, the market growth would
succeed in various market trends like an upsurge in copper consumption in passenger vehicles, new copper mine projects in the pipeline, etc.
Executive Summary

5. Copper Market: Global Analysis
Global Mined Copper Market by Production
The global mined copper market production has increased to ... megatons in 2021 and is anticipated to reach up to ... megatons by 2027 from
... megatons in 2022, with a CAGR of xx%.
CAGR
2017-2021 xx%
2022-2027 xx%
2017 2018 2019 2020 2021
Megatons
2022 2023 2024 2025 2026 2027
Megatons

6. Copper Market: Global Analysis
Global Refined Copper Market by Production
The global refined copper market production has increased to ... megatons in 2021 and is anticipated to reach up to ... megatons by 2027 from
... megatons in 2022, with a CAGR of xx%.
CAGR
2022-2027 xx%
2022 2023 2024 2025 2026 2027
Megatons
2017 2018 2019 2020 2021
Megatons

7. Global Mined Copper Market Production by Region; 2021
Region Share (2021)
Latin America xx%
Asia xx%
Africa xx%
North America xx%
Europe xx%
Oceania xx%
Copper Market: Global Analysis
Global Refined Copper Market Production by Region; 2021
Region Share (2021)
Asia xx%
Europe xx%
Latin America xx%
North America xx%
Africa xx%
Oceania xx%

8. Copper Market: Global Analysis
Global Copper Market by Consumption
The global copper market consumption has increased to ... megatons in 2021 and is anticipated to reach up to ... megatons by 2027 from ...
megatons in 2022, with a CAGR of xx%.
CAGR
2017-2021 xx%
2022-2027 xx%
2022 2023 2024 2025 2026 2027
Megatons
2017 2018 2019 2020 2021
Megatons

9. Global Copper Market Consumption by First-Use; 2021
First Use Share
(2021)
Wire Rods xx%
Flat-rolled Products xx%
Tubes xx%
RBS & Others xx%
Copper Market: Global Analysis
Global Copper Market Consumption by End-Use; 2021
End Use Share
(2021)
Construction xx%
Electrical Network xx%
Consumer & General xx%
Industrial Machinery xx%
Transport xx%

10. Global Copper Market Consumption by Region; 2021
Region Share
(2021)
Asia xx%
EU xx%
The US xx%
Latin America xx%
Rest of the World xx%
Copper Market: Global Analysis

11. Latin America Copper Market : Production Analysis
Latin America Mined Copper Market Production by Region;
2021
Latin America Refined Copper Market Production by
Region; 2021
Region Share
(2021)
CAGR
(2022-2027)
Chile xx% xx%
Peru xx% xx%
Rest of Latin America xx% xx%
Region Share
(2021)
CAGR
(2022-2027)
Chile xx% xx%
Rest of Latin America xx% xx%

12. Africa Copper Market : Production Analysis
Africa Mined Copper Market Production by Region; 2021 Africa Refined Copper Market Production by Region; 2021
Region Share
(2021)
CAGR
(2022-2027)
DRC xx% xx%
Rest of Africa xx% xx%
Region Share
(2021)
CAGR
(2022-2027)
DRC xx% xx%
Rest of Africa xx% xx%

13. Asia Copper Market : Production Analysis
Asia Mined Copper Market Production by Region; 2021 Asia Refined Copper Market Production by Region; 2021
Region Share
(2021)
CAGR
(2022-2027)
China xx% xx%
Indonesia xx% xx%
Rest of Asia xx% xx%
Region Share
(2021)
CAGR
(2022-2027)
China xx% xx%
Japan xx% xx%
India xx% xx%
Rest of Asia xx% xx%

14. Asia Copper Market : Consumption Analysis
Asia Mined Copper Market Consumption by Region; 2021
Region Share
(2021)
CAGR
(2022-2027)
China xx% xx%
Japan xx% xx%
South Korea xx% xx%
India xx% xx%
Taiwan xx% xx%
Rest of Asia xx% xx%

15. Global Copper Market: Dynamics
Growth Driver
•Rising Copper Annual Capacity In Renewable Energy
•Growing Use Of Copper In Smart Home Applications
Challenges
•Decline In Copper Ore Grades
•Challenges Of More Mineral Waste From The Copper Industry
Market Trends
•Upsurge In Copper Consumption In Passenger Vehicles
•New Copper Mine Projects In The Pipeline

16. Global Copper Market: Competitive Landscape
 Codelco
 Glencore
 BHP Group Limited
 Anglo American Plc
 Freeport-McMoRan Inc.
 First Quantum Minerals Ltd.
 KGHM Polska Miedź S.A.
Players Profiled
 Antofagasta Plc
 Rio Tinto Group
 Aurubis AG
 Norilsk Nickel
 Grupo México (Southern
Copper Corporation)
 Jiangxi Copper Company
Limited
Global Copper Mine Production Players
by Market Share; 2021 (Percentage, %)
Codelco
Freport-McMoRan
BHP Group
Glencore
Southern Copper (ex SPCC)
First Quantum Minerals
KGHM Polska Miedz
Rio Tinto
Antofagasta plc
Anglo American plc
Others

17. Title : Global Copper Market: Analysis By Mined Copper Production, By Refined Copper Production, By
Consumption, By First-Use (Wire Rod, Flat-rolled Products, Tubes, and RBS & Other), By End-Use (Construction,
Electrical Network, Consumer & General, Industrial Machinery, and Transport), By Region Size and Trends with
Impact of COVID-19 and Forecast up to 2027
Published : October 2022
Pages : 177
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