Market Overview:
The global copper bars (copper rods) market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for copper bars from various applications, such as electrical, engineering, motors, and household appliances. In addition, the growing demand for oxygen-free and silver-bearing copper bars is also contributing to the growth of this market. However, fluctuations in prices of raw materials used in manufacturing copper bars may restrain the growth of this market during the forecast period. Based on type, EC (electrolytic tough pitch), ETP (electrolytic refined), DHP (drawn homogeneous plate), oxygen free, silver bearing and others are some of the major types of copper bars available in this market.
Product Definition:
A copper bar is a metal bar made of copper. The rod is an elongated piece of metal with a round or square cross-section, produced by drawing it through a die. Copper bars are used in electrical wiring and other applications where good electrical conductivity is desired.
EC:
Electricity generation from copper bars (copper rods) is one of the cheapest sources of energy. Copper has excellent electrical properties such as high thermal conductivity, malleability and ductility, corrosion resistance and low cost which makes it an ideal material for electricity generation. The usage of copper bars in electricity generation provides a significant contribution to sustainable development goals as they are more environment-friendly than other conventional sources such as coal or wood.
ETP:
ETP is an alloy of copper and tin that has high electrical and thermal conductivity. It is widely used in the manufacturing of copper bars (copper rods) for electricity transmission & distribution, plumbing, HVAC applications, etc. ETP contains around 96% to 98% of pure copper with small percentage of tin and other metals such as antimony, bismuth or zinc.
Application Insights:
The engineering segment dominated the global copper bars (copper rods) market in terms of revenue share in 2017. The growth can be attributed to the increasing demand for high strength materials from various industries such as construction, automotive and transportation, energy, and electronics. Copper bars are used across multiple applications including electrical & electronics; building & construction; household appliances; industrial machinery & equipment; marine engines and power systems; aerospace components & fasteners etc.
Copper is an essential element required for the manufacturing of conductive polymers which are extensively used across a wide range of electrical applications including wires/cables, electronic components like resistors/capacitors/diode etc., power units or batteries etc., along with other metallurgical products like steel alloys and aluminum among others. The growing use of these products in electronic application drives their demand which eventually boosts up the overall product consumption globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the largest copper producing countries, such as China, Australia, and India. Copper produced in Asia Pacific accounted for more than 50% of global consumption in 2017. Increasing demand from end-use industries such as electrical & electronics and automotive is projected to drive growth over the coming years.
China emerged as a major consumer and producer across this region with large scale mining activities taking place across Inner Mongolia Autonomous Region (IMAR) along with other regions including Jiangsu Province, Henan Province, Shanxi Province etc., which are also known as Greenstone belts due to their high mineral concentration (zinc ore).
Growth Factors:
- Increasing demand from the construction and automotive industries
- Growing use of copper in renewable energy projects
- Rising consumption in developing countries
- Technological advancements that promote the use of copper bars (copper rods) in various applications
- Increased awareness about the benefits of using copper bars (copper rods) among consumers and businesses
Scope Of The Report
Report Attributes
Report Details
Report Title
Copper Bars (Copper Rods) Market Research Report
By Type
EC, ETP, DHP, Oxygen Free, Silver Bearing, Others
By Application
Electrical, Engineering, Motors, Household Appliance, Others
By Companies
Metal Associations, J V Presicion, Senor Metals, American Elements, Fairchild Auto-Mated Parts, National Bolt & Nut Corp., U.S. Titanium Industry, Aviva Metals, ALFUN A.S, R.D. Mathis, Furukawa Electric, Anhui Huazhong Welding Material Manufacturing, Xiongyi Metal Products, Shanghai Metal Corporation, Tianjin Leili Copper Industry, Guhe Copper and Aluminum
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
226
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Copper Bars (Copper Rods) Market Report Segments:
The global Copper Bars (Copper Rods) market is segmented on the basis of:
Types
EC, ETP, DHP, Oxygen Free, Silver Bearing, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electrical, Engineering, Motors, Household Appliance, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Metal Associations
- J V Presicion
- Senor Metals
- American Elements
- Fairchild Auto-Mated Parts
- National Bolt & Nut Corp.
- U.S. Titanium Industry
- Aviva Metals
- ALFUN A.S
- R.D. Mathis
- Furukawa Electric
- Anhui Huazhong Welding Material Manufacturing
- Xiongyi Metal Products
- Shanghai Metal Corporation
- Tianjin Leili Copper Industry
- Guhe Copper and Aluminum
Highlights of The Copper Bars (Copper Rods) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- EC
- ETP
- DHP
- Oxygen Free
- Silver Bearing
- Others
- By Application:
- Electrical
- Engineering
- Motors
- Household Appliance
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Copper Bars (Copper Rods) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Copper bars are copper rods that have been cut into various lengths. They can be used for a variety of purposes, including construction, mining, and manufacturing.
Some of the major players in the copper bars (copper rods) market are Metal Associations, J V Presicion, Senor Metals, American Elements, Fairchild Auto-Mated Parts, National Bolt & Nut Corp., U.S. Titanium Industry, Aviva Metals, ALFUN A.S, R.D. Mathis, Furukawa Electric, Anhui Huazhong Welding Material Manufacturing, Xiongyi Metal Products, Shanghai Metal Corporation, Tianjin Leili Copper Industry, Guhe Copper and Aluminum.
The copper bars (copper rods) market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Copper Bars (Copper Rods) Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Copper Bars (Copper Rods) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Copper Bars (Copper Rods) Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Copper Bars (Copper Rods) Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Copper Bars (Copper Rods) Market Size & Forecast, 2020-2028 4.5.1 Copper Bars (Copper Rods) Market Size and Y-o-Y Growth 4.5.2 Copper Bars (Copper Rods) Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 EC
5.2.2 ETP
5.2.3 DHP
5.2.4 Oxygen Free
5.2.5 Silver Bearing
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Electrical
6.2.2 Engineering
6.2.3 Motors
6.2.4 Household Appliance
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Copper Bars (Copper Rods) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Copper Bars (Copper Rods) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 EC
9.6.2 ETP
9.6.3 DHP
9.6.4 Oxygen Free
9.6.5 Silver Bearing
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Electrical
9.10.2 Engineering
9.10.3 Motors
9.10.4 Household Appliance
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 EC
10.6.2 ETP
10.6.3 DHP
10.6.4 Oxygen Free
10.6.5 Silver Bearing
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Electrical
10.10.2 Engineering
10.10.3 Motors
10.10.4 Household Appliance
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 EC
11.6.2 ETP
11.6.3 DHP
11.6.4 Oxygen Free
11.6.5 Silver Bearing
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Electrical
11.10.2 Engineering
11.10.3 Motors
11.10.4 Household Appliance
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 EC
12.6.2 ETP
12.6.3 DHP
12.6.4 Oxygen Free
12.6.5 Silver Bearing
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Electrical
12.10.2 Engineering
12.10.3 Motors
12.10.4 Household Appliance
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 EC
13.6.2 ETP
13.6.3 DHP
13.6.4 Oxygen Free
13.6.5 Silver Bearing
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Electrical
13.10.2 Engineering
13.10.3 Motors
13.10.4 Household Appliance
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Copper Bars (Copper Rods) Market: Competitive Dashboard
14.2 Global Copper Bars (Copper Rods) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Metal Associations
14.3.2 J V Presicion
14.3.3 Senor Metals
14.3.4 American Elements
14.3.5 Fairchild Auto-Mated Parts
14.3.6 National Bolt & Nut Corp.
14.3.7 U.S. Titanium Industry
14.3.8 Aviva Metals
14.3.9 ALFUN A.S
14.3.10 R.D. Mathis
14.3.11 Furukawa Electric
14.3.12 Anhui Huazhong Welding Material Manufacturing
14.3.13 Xiongyi Metal Products
14.3.14 Shanghai Metal Corporation
14.3.15 Tianjin Leili Copper Industry
14.3.16 Guhe Copper and Aluminum