Market Overview:
The global copper wire rod market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for copper wire rods in various applications, such as telecommunications, power cables, building wires, aerospace industry, automotive harnesses, energy and heat transfer system, and others. In terms of type, the OD below 0.3 inches segment is projected to grow at a higher CAGR during the forecast period than other segments. This can be attributed to its growing demand from end-use industries such as telecommunications and power cables.
Product Definition:
A copper wire rod is a metal bar or wire made of copper. Copper wire rods are often used to create electrical wiring and other components.
ODBelow 0.3 inches:
ODiesel below 0.3 inches is known as ODBelow and it's used in fuel injection systems for diesel engines. It helps to improve the performance of a vehicle by reducing particulate matter emission and increases efficiency of an engine by improving air flow within combustion chambers, this factor is responsible for growth in demand from the copper wire rod market over the forecast period.
OD 0.3-0.6 inches:
OD 0.3-0.6 inches is the range of Copper Wire Rod (CWR) which are used in transmission and distribution lines for power, phone, cable TV etc. It has a small cross-sectional area and low electrical resistance than insulated copper wire making it suitable to be connected with other devices through an insulation such as silicone or PVC based insulators including bus bar, switchgear etc.
Application Insights:
The copper wire rod market is segmented on the basis of application into telecommunications, power cables, building wires, aerospace industry, automotive harnesses and energy & heat transfer system. The telecommunications segment accounted for a major share in 2017 and is expected to maintain its dominance over the forecast period. This can be attributed to increasing demand from data communication networks and high growth regions such as Asia Pacific.
Telecommunications was followed by power cables in terms of volume as well as revenue in 2017. Increasing demand for high-speed data transfer services coupled with growing investments by telecom companies are driving the copper wire rod market globally. For instance; AT&T Inc.
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 several emerging economies, including China, India, Indonesia and Malaysia. These countries are witnessing strong economic growth owing to various factors such as increasing disposable income of consumers and rapid industrialization & urbanization.
China emerged as a major consumer in this region due to presence of large-scale copper mines coupled with growing demand from end-use industries such as power cables, building wires and telecommunication industry for wire wrapping applications. Moreover, rising investments by foreign players in developing infrastructure projects are likely to drive copper wiring requirements across Asia Pacific over the coming years.
Growth Factors:
- Increasing demand from electrical and electronics industry
- Rising urbanization and industrialization in developing countries
- Growing construction activities worldwide
- Increasing use of copper wire rod in renewable energy sector
- Technological advancements
Scope Of The Report
Report Attributes
Report Details
Report Title
Copper Wire Rod Market Research Report
By Type
ODBelow 0.3 inches, OD 0.3-0.6 inches, ODAbove 0.6 inches
By Application
Telecommunications, Power cables, Building wires, Aerospace industry, Automotive harnesses, Energy and heat transfer system, Others
By Companies
Sumitomo Electric, AURUBIS, Mitsubishi Materials, Liljedahl Group, KGHM, Bajoria Group, Koçbay Metal, Artyomovsk non-ferrous metals processing works, TDT Copper, DUCAB, Sumitomo Electric
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Copper Wire Rod Market Report Segments:
The global Copper Wire Rod market is segmented on the basis of:
Types
ODBelow 0.3 inches, OD 0.3-0.6 inches, ODAbove 0.6 inches
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
Telecommunications, Power cables, Building wires, Aerospace industry, Automotive harnesses, Energy and heat transfer system, 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:
- Sumitomo Electric
- AURUBIS
- Mitsubishi Materials
- Liljedahl Group
- KGHM
- Bajoria Group
- Koçbay Metal
- Artyomovsk non-ferrous metals processing works
- TDT Copper
- DUCAB
- Sumitomo Electric
Highlights of The Copper Wire Rod 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:
- ODBelow 0.3 inches
- OD 0.3-0.6 inches
- ODAbove 0.6 inches
- By Application:
- Telecommunications
- Power cables
- Building wires
- Aerospace industry
- Automotive harnesses
- Energy and heat transfer system
- 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 Wire Rod 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 wire rod is a type of metal wire used in electrical wiring. It is made from a mixture of copper and other metals, and has a round cross-section. Copper wire rod is often used in place of heavier gauge wires for electrical wiring because it is lighter and less likely to break.
Some of the major players in the copper wire rod market are Sumitomo Electric, AURUBIS, Mitsubishi Materials, Liljedahl Group, KGHM, Bajoria Group, Ko§bay Metal, Artyomovsk non-ferrous metals processing works, TDT Copper, DUCAB, Sumitomo Electric.
The copper wire rod market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Copper Wire Rod 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 Wire Rod Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Copper Wire Rod 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 Wire Rod 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 Wire Rod Market Size & Forecast, 2018-2028
4.5.1 Copper Wire Rod Market Size and Y-o-Y Growth
4.5.2 Copper Wire Rod Market Absolute $ Opportunity
Chapter 5 Global Copper Wire Rod 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 Copper Wire Rod Market Size Forecast by Type
5.2.1 ODBelow 0.3 inches
5.2.2 OD 0.3-0.6 inches
5.2.3 ODAbove 0.6 inches
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Copper Wire Rod 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 Copper Wire Rod Market Size Forecast by Applications
6.2.1 Telecommunications
6.2.2 Power cables
6.2.3 Building wires
6.2.4 Aerospace industry
6.2.5 Automotive harnesses
6.2.6 Energy and heat transfer system
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Copper Wire Rod 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 Wire Rod 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 Copper Wire Rod Analysis and Forecast
9.1 Introduction
9.2 North America Copper Wire Rod 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 Copper Wire Rod Market Size Forecast by Type
9.6.1 ODBelow 0.3 inches
9.6.2 OD 0.3-0.6 inches
9.6.3 ODAbove 0.6 inches
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 Copper Wire Rod Market Size Forecast by Applications
9.10.1 Telecommunications
9.10.2 Power cables
9.10.3 Building wires
9.10.4 Aerospace industry
9.10.5 Automotive harnesses
9.10.6 Energy and heat transfer system
9.10.7 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 Copper Wire Rod Analysis and Forecast
10.1 Introduction
10.2 Europe Copper Wire Rod 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 Copper Wire Rod Market Size Forecast by Type
10.6.1 ODBelow 0.3 inches
10.6.2 OD 0.3-0.6 inches
10.6.3 ODAbove 0.6 inches
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 Copper Wire Rod Market Size Forecast by Applications
10.10.1 Telecommunications
10.10.2 Power cables
10.10.3 Building wires
10.10.4 Aerospace industry
10.10.5 Automotive harnesses
10.10.6 Energy and heat transfer system
10.10.7 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 Copper Wire Rod Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Copper Wire Rod 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 Copper Wire Rod Market Size Forecast by Type
11.6.1 ODBelow 0.3 inches
11.6.2 OD 0.3-0.6 inches
11.6.3 ODAbove 0.6 inches
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 Copper Wire Rod Market Size Forecast by Applications
11.10.1 Telecommunications
11.10.2 Power cables
11.10.3 Building wires
11.10.4 Aerospace industry
11.10.5 Automotive harnesses
11.10.6 Energy and heat transfer system
11.10.7 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 Copper Wire Rod Analysis and Forecast
12.1 Introduction
12.2 Latin America Copper Wire Rod 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 Copper Wire Rod Market Size Forecast by Type
12.6.1 ODBelow 0.3 inches
12.6.2 OD 0.3-0.6 inches
12.6.3 ODAbove 0.6 inches
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 Copper Wire Rod Market Size Forecast by Applications
12.10.1 Telecommunications
12.10.2 Power cables
12.10.3 Building wires
12.10.4 Aerospace industry
12.10.5 Automotive harnesses
12.10.6 Energy and heat transfer system
12.10.7 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) Copper Wire Rod Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Copper Wire Rod 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) Copper Wire Rod Market Size Forecast by Type
13.6.1 ODBelow 0.3 inches
13.6.2 OD 0.3-0.6 inches
13.6.3 ODAbove 0.6 inches
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) Copper Wire Rod Market Size Forecast by Applications
13.10.1 Telecommunications
13.10.2 Power cables
13.10.3 Building wires
13.10.4 Aerospace industry
13.10.5 Automotive harnesses
13.10.6 Energy and heat transfer system
13.10.7 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 Wire Rod Market: Competitive Dashboard
14.2 Global Copper Wire Rod Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sumitomo Electric
14.3.2 AURUBIS
14.3.3 Mitsubishi Materials
14.3.4 Liljedahl Group
14.3.5 KGHM
14.3.6 Bajoria Group
14.3.7 Koçbay Metal
14.3.8 Artyomovsk non-ferrous metals processing works
14.3.9 TDT Copper
14.3.10 DUCAB
14.3.11 Sumitomo Electric
