Copper Market Size, Share, and Trends 2025 to 2034

The global copper market size is evaluated at USD 349.14 billion in 2025 and is forecasted to hit around USD 548.2 billion by 2034, growing at a CAGR of 5.11% from 2025 to 2034. The Asia Pacific market size accounted for USD 129.93 billion in 2024 and is expanding at a CAGR of 5.30% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

Last Updated : August 2025  |  Report Code : 3492  |  Category : Semiconductor and Electronic  |  Format : PDF / PPT / Excel

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Copper Market 

5.1. COVID-19 Landscape: Copper Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Copper Market, By Product Type

8.1. Copper Market Revenue and Volume, by Product Type, 2024-2034

8.1.1. Primary

8.1.1.1. Market Revenue and Volume Forecast (2021-2034)

8.1.2. Secondary

8.1.2.1. Market Revenue and Volume Forecast (2021-2034)

Chapter 9. Global Copper Market, By End-user Industry

9.1. Copper Market Revenue and Volume, by End-user Industry, 2024-2034

9.1.1. Automotive and Heavy Equipment

9.1.1.1. Market Revenue and Volume Forecast (2021-2034)

9.1.2. Construction

9.1.2.1. Market Revenue and Volume Forecast (2021-2034)

9.1.3. Electrical and Electronics

9.1.3.1. Market Revenue and Volume Forecast (2021-2034)

9.1.4. Industrial

9.1.4.1. Market Revenue and Volume Forecast (2021-2034)

9.1.5. Other End-user Industries (Consumer Products, Medical Devices, Etc.)

9.1.5.1. Market Revenue and Volume Forecast (2021-2034)

Chapter 10. Global Copper Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)

10.1.2. Market Revenue and Volume Forecast, by End-user Industry (2021-2034)

10.1.3. U.S.

10.1.3.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)

10.1.3.2. Market Revenue and Volume Forecast, by End-user Industry (2021-2034)

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)

10.1.4.2. Market Revenue and Volume Forecast, by End-user Industry (2021-2034)

10.2. Europe

10.2.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)

10.2.2. Market Revenue and Volume Forecast, by End-user Industry (2021-2034)

10.2.3. UK

10.2.3.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)

10.2.3.2. Market Revenue and Volume Forecast, by End-user Industry (2021-2034)

10.2.4. Germany

10.2.4.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)

10.2.4.2. Market Revenue and Volume Forecast, by End-user Industry (2021-2034)

10.2.5. France

10.2.5.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)

10.2.5.2. Market Revenue and Volume Forecast, by End-user Industry (2021-2034)

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)

10.2.6.2. Market Revenue and Volume Forecast, by End-user Industry (2021-2034)

10.3. APAC

10.3.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)

10.3.2. Market Revenue and Volume Forecast, by End-user Industry (2021-2034)

10.3.3. India

10.3.3.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)

10.3.3.2. Market Revenue and Volume Forecast, by End-user Industry (2021-2034)

10.3.4. China

10.3.4.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)

10.3.4.2. Market Revenue and Volume Forecast, by End-user Industry (2021-2034)

10.3.5. Japan

10.3.5.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)

10.3.5.2. Market Revenue and Volume Forecast, by End-user Industry (2021-2034)

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)

10.3.6.2. Market Revenue and Volume Forecast, by End-user Industry (2021-2034)

10.4. MEA

10.4.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)

10.4.2. Market Revenue and Volume Forecast, by End-user Industry (2021-2034)

10.4.3. GCC

10.4.3.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)

10.4.3.2. Market Revenue and Volume Forecast, by End-user Industry (2021-2034)

10.4.4. North Africa

10.4.4.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)

10.4.4.2. Market Revenue and Volume Forecast, by End-user Industry (2021-2034)

10.4.5. South Africa

10.4.5.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)

10.4.5.2. Market Revenue and Volume Forecast, by End-user Industry (2021-2034)

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)

10.4.6.2. Market Revenue and Volume Forecast, by End-user Industry (2021-2034)

10.5. Latin America

10.5.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)

10.5.2. Market Revenue and Volume Forecast, by End-user Industry (2021-2034)

10.5.3. Brazil

10.5.3.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)

10.5.3.2. Market Revenue and Volume Forecast, by End-user Industry (2021-2034)

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Volume Forecast, by Product Type (2021-2034)

10.5.4.2. Market Revenue and Volume Forecast, by End-user Industry (2021-2034)

Chapter 11. Company Profiles

11.1. Codelco

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. BHP Group

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Glencore

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Freeport-McMoRan

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. Southern Copper Corporation

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. Rio Tinto

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. Anglo American

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. Jiangxi Copper Corporation

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. First Quantum Minerals

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Lundin Mining

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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Frequently Asked Questions

The global copper market size is expected to increase USD 548.20 billion by 2034 from USD 333.15 billion in 2024.

The global copper market will register growth rate of 5.11% between 2025 and 2034.

The major players operating in the copper market are Codelco, BHP Group, Glencore, Freeport-McMoRan, Southern Copper Corporation, Rio Tinto, Anglo American, Jiangxi Copper Corporation, First Quantum Minerals, Lundin Mining, Antofagasta, KGHM Polska Miedz, Teck Resources, Hudbay Minerals, OZ Minerals, and Others.

The driving factors of the copper market are the growing use of electronic devices & renewable energy systems and economic growth & industrialization.

Asia Pacific region will lead the global copper market during the forecast period 2025 to 2034.

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