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Global Rolled Copper Products Market to Surge Beyond $26 Billion in 2024, Forecasts New Market Report

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Dublin, May 22, 2024 (GLOBE NEWSWIRE) -- The "Rolled Copper Products Market Report 2024-2034" report has been added to ResearchAndMarkets.com's offering.

World revenue for the Rolled Copper Products Market in terms of value the market will surpass US$26.16 billion in 2024, with strong revenue growth through to 2034.

The global rolled copper products market is experiencing steady growth, driven by several key factors. The increasing demand for copper in various industries, including construction, electronics, automotive, and telecommunications, is fuelling the market's expansion. Rolled copper products, such as sheets, strips, and foils, are essential components in electrical wiring, plumbing systems, electronic devices, and architectural applications, contributing to their widespread adoption.

Furthermore, the growing emphasis on sustainable and energy-efficient solutions is driving the demand for copper products. Copper's excellent conductivity, durability, and recyclability make it an ideal choice for green building initiatives, renewable energy systems, and electric vehicles. As governments worldwide implement stringent regulations and initiatives to promote sustainability and reduce carbon emissions, the demand for rolled copper products is expected to continue growing.

Amidst the market's growth, several opportunities and challenges exist for industry players. The increasing adoption of antimicrobial copper surfaces in healthcare facilities and public spaces presents a significant opportunity for manufacturers of rolled copper products. The antimicrobial properties of copper make it effective in reducing the spread of pathogens, including bacteria and viruses, enhancing its appeal for use in high-touch surfaces.

The availability of alternative metal foils poses a significant restraining factor in the copper market, particularly with the emergence of innovative materials that mimic the properties of precious metals like gold and silver. Japanese scientists have made significant strides in transforming copper-based substances into materials that replicate the characteristics of costly metals, offering promising applications in electronic device production. This breakthrough, involving the creation of copper nanoparticles, opens avenues for the development of electronic components that traditionally rely on expensive gold and silver counterparts.

Key Market Dynamics

Market Driving Factors

  • The Speedily Growing Electronics Industry and Rise of Smartphones

  • Copper Rolled Product Business for Automotive Terminals and Connectors

  • Growing Demand from Construction Industry

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Market Restraining Factors

  • Availability of Alternative Metal Foils Hinder the Market Growth

  • Copper Shortages Present New Manufacturing Challenges

  • Fluctuating Raw Material Prices Hinder the Market Growth

Market Opportunities

  • Rapid Industrialization and Urbanization in Emerging Economies Present Significant Growth Opportunities

  • Geographical Expansion into New Markets or Regions with High Demand for Copper Products

  • Collaboration and Partnership Between Market Players Opportunities for the Market

Key Questions Answered

  • How is the rolled copper products market evolving?

  • What is driving and restraining the rolled copper products market?

  • How will each rolled copper products submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2034?

  • How will the market shares for each rolled copper products submarket develop from 2024 to 2034?

  • What will be the main driver for the overall market from 2024 to 2034?

  • Will leading rolled copper products markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?

  • How will the market shares of the national markets change by 2034 and which geographical region will lead the market in 2034?

  • Who are the leading players and what are their prospects over the forecast period?

  • What are the rolled copper products projects for these leading companies?

  • How will the industry evolve during the period between 2024 and 2034? What are the implications of rolled copper products projects taking place now and over the next 10 years?

  • Is there a greater need for product commercialisation to further scale the rolled copper products market?

  • Where is the rolled copper products market heading and how can you ensure you are at the forefront of the market?

  • What are the best investment options for new product and service lines?

  • What are the key prospects for moving companies into a new growth path and C-suite?

Forecasts to 2034 and other analyses reveal commercial prospects

  • In addition to revenue forecasting to 2034, the new study provides you with recent results, growth rates, and market shares.

  • You will find original analyses, with business outlooks and developments.

  • Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising rolled copper products prices and recent developments.

Segments Covered in the Report

Market Segment by Alloy Type

  • Pure Copper

  • Copper Alloys

Market Segment by Thickness

  • Thin Gauge (Less than 0.2 mm)

  • Medium Gauge (0.2-1 mm)

  • Thick Gauge (More than 1 mm)

Market Segment by Form

  • Rolled Sheets

  • Rolled Strips

  • Rolled Foils

  • Other Form

Market Segment by Application

  • Printed Circuit Boards (PCBs)

  • Electrical Wiring

  • Roofing and Cladding

  • Heat Exchangers

  • Other Applications

Market Segment by End-Use Industry

  • Electrical & Electronics

  • Automotive

  • Construction

  • Industrial Machinery

  • Consumer Goods

  • Aerospace & Defence

In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for four regional and 20 leading national markets.

The report also includes profiles and for some of the leading companies in the Rolled Copper Products Market, 2024 to 2034, with a focus on this segment of these companies' operations.

Leading companies and the potential for market growth

  • Aurubis

  • Chinalco Luoyang Copper Processing Co.

  • Freeport-McMoRan

  • Furukawa Electric Co.

  • Jiangxi Copper

  • JX Nippon Mining & Metals

  • LS-Nikko Copper

  • Metallurgical Corporation of China

  • Mitsubishi Materials

  • Mueller Industries

  • Ningbo Jintian Copper (Group) Co.

  • Sam Dong

  • Southwire Company

  • Wieland Electric

  • Wieland-Werke

For more information about this report visit https://www.researchandmarkets.com/r/bkcqq

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