Global Copper Strips Market Growth 2023-2029
Copper is a light metal with outstanding malleable and ductile properties. It possesses high thermal and electrical conductivity. It is widely used in numerous industrial and antibacterial applications high malleability property of copper and ease of application in machineries during fabrication procedures enables high production rate of precise copper strips at relatively lower cost as compared to its substitutes.
The copper most commonly used for strip applications complies with ASTM B370. It consists of 99.9 percent copper, and is available in six tempers designated by ASTM B370 as: 060 (soft), H00 (cold rolled), H01 (cold rolled, high yield), H02 (half hard), H03 (three quarter hard), and H04 (hard). Thin copper strips perfect for using with mosaics and many other crafts, and various other applications including electrical and DIY projects.
LPI (LP Information)' newest research report, the “Copper Strips Industry Forecast” looks at past sales and reviews total world Copper Strips sales in 2022, providing a comprehensive analysis by region and market sector of projected Copper Strips sales for 2023 through 2029. With Copper Strips sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Copper Strips industry.
This Insight Report provides a comprehensive analysis of the global Copper Strips landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Copper Strips portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Copper Strips market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Copper Strips and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Copper Strips.
The global Copper Strips market size is projected to grow from US$ 15900 million in 2022 to US$ 20980 million in 2029; it is expected to grow at a CAGR of 20980 from 2023 to 2029.
Asia-Pacific is the largest market with about 52% market share. Europe and North America are follower, accounting for about 41% market share.
The key players are Aurubis, KME, Mitsubishi Shindoh, GB Holding, Wieland, Poongsan, CHALCO, MKM, Jintian Group, Furukawa Electric, Xingye Copper, Anhui Xinke, CNMC, Dowa Metaltech, EGM Group etc. Top 5 companies occupied about 31% market share.
This report presents a comprehensive overview, market shares, and growth opportunities of Copper Strips market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Below 6mm Copper Strips
6-10mm Copper Strips
Above 10mm Copper Strips
Segmentation by application
Machines
Architecture and Art
Electric Appliances
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Aurubis
KME
Mitsubishi Shindoh
GB Holding
Wieland
Poongsan
CHALCO
MKM
Jintian Group
Furukawa Electric
Xingye Copper
Anhui Xinke
CNMC
Dowa Metaltech
EGM Group
Key Questions Addressed in this Report
What is the 10-year outlook for the global Copper Strips market?
What factors are driving Copper Strips market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Copper Strips market opportunities vary by end market size?
How does Copper Strips break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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