Global Copper Alloys Market Size, Share & Trends Analysis Report By Alloy Type, By Product Form, End-User Industry, By Region, And Segment Forecasts, 2024 - 2031
- Published Date : 2024-09-26
- Pages : 100
- Report Id : 40473
- Categories : Mining Materials & Metals
This report describes the global market size of Copper Alloys Market from 2019 to 2022 and its CAGR from 2019 to 2023, and also forecasts its market size to the end of 2031 and its expected to grow with a CAGR of 11.2% from 2024 to 2031.
Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Copper Alloys Market estimated at US $77.3 Billion in the year 2022, is projected to reach a revised size of US $ 1,67.15 Billion by 2031, growing at a CAGR of 11.2% during the forecast period 2024-2031.
The copper alloy market refers to the global trade and manufacturing of alloys that are primarily composed of copper mixed with other metals, such as zinc, tin, nickel, or aluminum, to enhance specific properties like strength, corrosion resistance, electrical conductivity, and machinability. Common copper alloys include brass (copper and zinc), bronze (copper and tin), and cupronickel (copper and nickel), each serving different industrial needs. These alloys are widely used in sectors such as electrical and electronics, automotive, construction, aerospace, and marine due to their excellent conductivity, malleability, and durability. The growing demand for energy-efficient electrical components, lightweight automotive parts, and durable construction materials has been a significant driver of the market. Additionally, the transition to renewable energy, with applications in wind turbines and solar panels, has further boosted the demand for copper alloys. Regional markets such as North America, Europe, and Asia-Pacific play a crucial role in both production and consumption, with China leading in global manufacturing. The market also sees growing interest in sustainable and recyclable materials, positioning copper alloys as a valuable resource in circular economies.
For geography segment, regional supply, demand, major players, price is presented from 2019 to 2031. This report cover following regions:
North America
Asia-Pacific
Europe
Middle East and Africa
South America
The key countries for each regions are also included such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
For competitor segment, the report include global key players of Copper Alloys Market as well as some small players. The information for each competitor include:
Company Profile
Main Business Information
SWOT Analysis
Sales Volume, Revenue, Price and Gross Margin
Market Share
By Alloy Type
Brass
Bronze
Copper-Nickel Alloys (Cu-Ni)
Nickel-Silver
Phosphor Bronze
Aluminum Bronze
Beryllium Copper (BeCu)
The copper alloy market is categorized into several key types, each offering distinct properties for various industrial applications. Brass, an alloy of copper and zinc, is widely used for its excellent machinability, corrosion resistance, and attractive appearance, making it ideal for plumbing, musical instruments, and decorative purposes. Bronze, primarily a mix of copper and tin, is valued for its strength, resistance to wear, and ability to form tight seals, commonly used in marine hardware, bearings, and sculptures. Copper-nickel alloys (Cu-Ni), known for their superior corrosion resistance, especially in seawater environments, are frequently applied in shipbuilding, desalination plants, and coinage. Nickel-silver, a combination of copper, nickel, and zinc, resembles silver but is more affordable, used in jewelry, cutlery, and musical instruments. Phosphor bronze, containing copper, tin, and phosphorus, offers excellent fatigue resistance, commonly used in springs, fasteners, and electrical connectors. Aluminum bronze, a mixture of copper and aluminum, provides high strength and corrosion resistance, often applied in aerospace, oil & gas, and marine industries. Lastly, Beryllium copper (BeCu) is known for its high strength, conductivity, and non-sparking properties, making it ideal for use in aerospace, precision instruments, and tools for hazardous environments. These alloys each cater to specific industry requirements, driving their demand in various sectors.
By Product Form
Sheets & Plates
Bars & Rods
Wires
Tubes & Pipes
Strips
Foils
Fittings
Others
The copper alloy market is also segmented by product form, with each form serving diverse industrial applications based on its shape and properties. Sheets & plates are flat-rolled products widely used in construction, roofing, electrical components, and industrial machinery due to their durability and conductivity. Bars & rods are solid cylindrical forms used in electrical applications, construction, and automotive parts where strength and machinability are critical. Wires, prized for their excellent electrical conductivity, are essential in electrical grids, telecommunications, and electronics. Tubes & pipes are hollow cylindrical products used in plumbing, HVAC, and industrial processes due to their corrosion resistance and thermal conductivity. Strips are thin, flexible products used in connectors, transformers, and electronics, offering high conductivity and precision. Foils, the thinnest form, are used in electronics, batteries, and packaging for their flexibility and conductivity. Fittings such as connectors and joints are crucial in plumbing, HVAC, and electrical systems for ensuring secure and leak-proof connections. Other forms may include castings or powder used in niche applications, reflecting the versatility of copper alloys across industries like construction, electrical, transportation, and more. Each product form is tailored to specific operational needs, supporting the global demand for copper alloy materials.
End-User Industry
Electrical & Electronics
Construction
Automotive
Marine
Aerospace & Defense
Industrial Machinery
Healthcare
Energy & Power
Consumer Goods
Others
The copper alloy market serves a broad range of end-user industries, each benefiting from the unique properties of copper alloys. In electrical & electronics, copper alloys are valued for their excellent conductivity, making them essential in wiring, connectors, and electronic components. The construction industry uses copper alloys for roofing, plumbing, and structural elements due to their durability, corrosion resistance, and aesthetic appeal. In automotive, copper alloys are critical in wiring harnesses, radiators, and other engine components, contributing to vehicle efficiency and performance. The marine industry relies on copper-nickel alloys for shipbuilding and offshore applications due to their resistance to seawater corrosion. Aerospace & defense applications use copper alloys in aircraft components, ammunition, and high-performance systems, where strength and reliability are crucial. In industrial machinery, copper alloys are used in bearings, gears, and fasteners for their wear resistance and ability to withstand high loads. The healthcare sector utilizes copper alloys in medical devices and antimicrobial surfaces, reducing the spread of infections. The energy & power sector depends on copper alloys for transformers, electrical grids, and renewable energy systems due to their conductivity and heat resistance. Consumer goods such as jewelry, kitchenware, and musical instruments also benefit from copper alloys' aesthetic and functional qualities. Other industries, including telecommunications and transportation, also leverage copper alloys for their versatility and performance.
Company-
KME Germany GmbH
Wieland
Aurubis AG
Mueller Industries
poongsan corporation
NGK INSULATORS, LTD.
Mitsubishi Materials Corporation
Hitachi High-Tech Analytical Science
Cadi Company, Inc.
Hussey Copper
Chase Brass and Copper Company, LLC
METALMINOTTI
Shri Manak Copper
Aviva Metals
Diehl Stiftung & Co. KG
Please ask for sample pages for full companies list
Base Year: 2023
Historical Data: from 2019 to 2023
Forecast Data: from 2024 to 2031
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TABLE OF CONTENTS
Market Taxonomy
1. Executive Summary
1.1. Market Overview
1.2. Market Analysis and Recommendations
1.3. RA Analysis and Recommendations
2. Market Introduction
2.1. Market Definition
3. Market Background
3.1. Parent/Associated Market Overview
3.1.1.Copper Alloys Outlook
3.1.2.Copper Alloys Overview
3.2. Effect of Covid-19 Impact
3.3. Macro-Economic Overview
3.3.1. GDP Growth
3.3.2. Retail Industry Growth
3.4. Pricing Analysis
3.5. Challenges related to adoption of Copper Alloys
3.6. Regulations of Copper Alloys
3.7. Forecast Factors: Relevance and Impact
3.8. Market Dynamics
3.8.1. Drivers
3.8.2. Restraints
3.8.3. Opportunity
3.8.4. Trends
3.8.5. SWOT Analysis
4. Market Forecast
4.1. Market Value Projections
4.2. Market Size Projections
4.3. Y-o-Y Projections
4.4. Absolute Opportunity Analysis
5. Global Copper Alloys Value Chain Analysis
5.1.Copper Alloys Value Chain
5.1.1. List of Raw Product Form Suppliers
5.1.2. List of Copper Alloys Manufacturer
5.1.3. List of Segment
6. Global Copper Alloys Analysis by Alloy Type
6.1. Introduction
6.1.1. Market Value Share Analysis By Alloy Type
6.1.2. Y-o-Y Growth Analysis By Alloy Type
6.2. Historical Market Size (USD Mn) Analysis 2018-2022 By Alloy Type
6.3. Market Attractiveness Analysis by Alloy Type
7. GlobalCopper Alloys Analysis By Product Form
7.1. Introduction
7.1.1. Market Value Share Analysis By Product Form
7.1.2. Y-o-Y Growth Analysis By Product Form
7.2. Historical Market Size (USD Mn) Analysis 2018-2022 By Product Form
7.3. Market Attractiveness Analysis By Product Form
8. Market Structure Analysis
8.1. Market Analysis by Tier of Companies
8.1.1. By Large, Medium, and Small
8.2. Market Concentration
8.2.1. By Top 5 and by Top 10
8.3. Type ion Capacity Share Analysis
8.3.1. By Large, Medium, and Small
8.3.2. By Top 5 and Top 10
8.4. Alloy Type Roadmap
9. Competition Analysis
9.1. Competition Dashboard
9.2. Company Profiles (15 Companies)
9.2.1.KME Germany GmbH
9.2.1.1. Overview
9.2.1.2. Type Portfolio
9.2.1.3. Financial Overview
9.2.2. Wieland
9.2.2.1. Overview
9.2.2.2. Type Portfolio
9.2.2.3. Financial Overview
9.2.3. Aurubis AG
9.2.3.1. Overview
9.2.3.2. Type Portfolio
9.2.3.3. Financial Overview
9.2.4. Mueller Industries
9.2.4.1. Overview
9.2.4.2. Type Portfolio
9.2.4.3. Financial Overview
9.2.5. poongsan corporation
9.2.5.1. Overview
9.2.5.2. Type Portfolio
9.2.5.3. Financial Overview
9.2.6.NGK INSULATORS, LTD.
9.2.6.1. Overview
9.2.6.2. Type Portfolio
9.2.6.3. Financial Overview
9.2.7.Mitsubishi Product Forms Corporation
9.2.7.1. Overview
9.2.7.2. Type Portfolio
9.2.7.3. Financial Overview
9.2.8.Hitachi High-Tech Analytical Science
9.2.8.1. Overview
9.2.8.2. Type Portfolio
9.2.8.3. Financial Overview
9.2.9. Cadi Company, Inc.
9.2.9.1. Overview
9.2.9.2. Type Portfolio
9.2.9.3. Financial Overview
9.2.10.Hussey Copper
9.2.10.1. Overview
9.2.10.2. Type Portfolio
9.2.10.3. Financial Overview
9.2.11.Chase Brass and Copper Company, LLC
9.2.11.1. Overview
9.2.11.2. Type Portfolio
9.2.11.3. Financial Overview
9.2.12. METALMINOTTI
9.2.12.1. Overview
9.2.12.2. Type Portfolio
9.2.12.3. Financial Overview
9.2.13. Shri Manak Copper
9.2.13.1. Overview
9.2.13.2. Type Portfolio
9.2.13.3. Financial Overview
9.2.14.Aviva Metals
9.2.14.1. Overview
9.2.14.2. Type Portfolio
9.2.14.3. Financial Overview
9.2.15.Diehl Stiftung & Co. KG
9.2.15.1. Overview
9.2.15.2. Type Portfolio
9.2.15.3. Financial Overview
10. Global Copper Alloys Analysis By Region
10.1. Introduction
10.1.1. Market Value Share Analysis By Region
10.1.2. Y-o-Y Growth Analysis By Region
10.2. Historical Market Size (USD Mn) Analysis 2018-2022 By Region
10.2.1. North America
10.2.2. Middle East and Africa
10.2.3. South America
10.2.4. Asia-Pacific
10.2.5. Others
10.3. Current Market Size (USD Mn) Forecast 2023-2030 By Region
10.3.1. North America
10.3.2. Middle East and Africa
10.3.3. South America
10.3.4. Asia-Pacific
10.3.5. Others
10.4. Market Attractiveness Analysis By Region
11. North America Copper Alloys Analysis
11.1. Introduction
11.2. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
11.2.1. U.S.
11.2.2. Canada
11.2.3. Mexico
11.2.4. Rest of North America
11.3. Current Market Size (USD Mn) Forecast 2023-2030 By Country
11.3.1. U.S.
11.3.2. Canada
11.3.3. Mexico
11.3.4. Rest of North America
11.4. Historical Market Size (USD Mn) Analysis 2018-2022 By Alloy Type
11.5. Current Market Size (USD Mn) Forecast 2023-2030 By Alloy Type
11.6. Historical Market Size (USD Mn) Analysis 2018-2022 By Product Form
11.7. Current Market Size (USD Mn) Forecast 2023-2030 By Product Form
12. South America Copper Alloys Analysis
12.1. Introduction
12.2. Regional Pricing Analysis
12.3. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
12.3.1. Brazil
12.3.2. Argentina
12.3.3. Rest of South America
12.4. Current Market Size (USD Mn) Forecast 2023-2030 By Country
12.4.1. Brazil
12.4.2. Argentina
12.4.3. Rest of South America
12.5. Historical Market Size (USD Mn) Analysis 2018-2022 By Alloy Type
12.6. Current Market Size (USD Mn) Forecast 2023-2030 By Alloy Type
12.7. Historical Market Size (USD Mn) Analysis 2018-2022 By Product Form
12.8. Current Market Size (USD Mn) Forecast 2023-2030 By Product Form
13. Europe Copper Alloys Analysis
13.1. Introduction
13.2. Regional Pricing Analysis
13.3. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
13.3.1. Germany
13.3.2. Italy
13.3.3. France
13.3.4. Spain
13.3.5. U.K.
13.3.6. Rest of Europe
13.4. Current Market Size (USD Mn) Forecast 2023-2030 By Country
13.4.1. Germany
13.4.2. Italy
13.4.3. France
13.4.4. Spain
13.4.5. U.K.
13.4.6. Rest of Europe
13.5. Historical Market Size (USD Mn) Analysis 2018-2022 By Alloy Type
13.6. Current Market Size (USD Mn) Forecast 2023-2030 By Alloy Type
13.7. Historical Market Size (USD Mn) Analysis 2018-2022 By Product Form
13.8. Current Market Size (USD Mn) Forecast 2023-2030 By Product Form
14. Middle East and Africa Copper Alloys Analysis
14.1. Introduction
14.2. Regional Pricing Analysis
14.3. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
14.3.1. Saudi Arabia
14.3.2. U.A.E.
14.3.3. South Africa
14.3.4. Turkey
14.3.5. Rest of Middle East and Africa
14.4. Current Market Size (USD Mn) Forecast 2023-2030 By Country
14.4.1. Saudi Arabia
14.4.2. U.A.E.
14.4.3. South Africa
14.4.4. Turkey
14.4.5. Rest of Middle East and Africa
15. Asia-Pacific Copper Alloys Analysis
15.1. Introduction
15.2. Regional Pricing Analysis
15.3. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
15.3.1. China
15.3.2. India
15.3.3. Japan
15.3.4. South Korea
15.3.5. Singapore
15.3.6. Australia and New Zealand
15.3.7. Rest of Asia-Pacific
15.4. Current Market Size (USD Mn) Forecast 2023-2030 By Country
15.4.1. China
15.4.2. India
15.4.3. Japan
15.4.4. South Korea
15.4.5. Singapore
15.4.6. Australia and New Zealand
15.4.7. Rest of Asia-Pacific
i. Research Methodology
ii. Assumptions & Acronyms
LIST OF FIGURES
Figure 01: Global Copper Alloys, BPS Analysis,By Alloy Type, 2018(H), 2023(E) & 2030(F)
Figure 02: Global Copper Alloys, Y-O-Y Growth,By Alloy Type, 2020(A) - 2030(F)
Figure 03: Global Copper Alloys Attractiveness Analysis,By Alloy Type (2020)
Figure 04: Global Copper Alloys, BPS Analysis, By Product Form, 2018(H), 2023(E) & 2030(F)
Figure 05: Global Copper Alloys, Y-O-Y Growth, By Product Form, 2018(H) - 2030(F)
Figure 06: Global Copper Alloys Attractiveness Analysis, By Product Form
Figure 07: Global Copper Alloys, Value Analysis,By Alloy Type, 2018(H)-2030(F)
Figure 08: Global Copper Alloys, Value Analysis, by Product Form , 2018(H)-2030(F)
Figure 09: Global Copper Alloys, BPS Analysis, by Region, 2018(H), 2023(E) & 2030(F)
Figure 10: Global Copper Alloys, Y-O-Y Growth, by Region, 2018(H) - 2030(F)
Figure 11: Global Copper Alloys Attractiveness Analysis, by Region
Figure 12: North America Copper Alloys Value (USD Mn Forecast, 2018 – 2022
Figure 13: North America Copper Alloys Value (USD Mn Forecast, 2023 – 2030
Figure 14: South America Copper Alloys Value (USD Mn) Forecast, 2018 – 2022
Figure 15: South America Copper Alloys Value (USD Mn) Forecast, 2023 – 2030
Figure 16: Europe Copper Alloys Value (USD Mn) Forecast, 2018 – 2022
Figure 17: Europe Copper Alloys Value (USD Mn) Forecast, 2023 – 2030
Figure 18: Middle East and Africa Copper Alloys Value (USD Mn) Forecast, 2018 – 2022
LIST OF TABLES
Table 01: Global Copper Alloys Value (USD Mn) Forecast, By Alloy Type, 2018(H) – 2030(F)
Table 02: Global Copper Alloys Value (USD Mn) Forecast, By Product Form, 2018(H) – 2030(F)
Table 03: Global Copper Alloys Value (USD Mn) Forecast, By Country, 2018(H) – 2030(F)
Table 04: North America Copper Alloys Value (USD Mn) Forecast, by Country, 2018(H) – 2030(F)
Table 05: North America Copper Alloys Value (USD Mn) Forecast,By Alloy Type, 2018(H) – 2030(F)
Table 06: North America Copper Alloys Value (USD Mn) Forecast, By Product Form, 2018(H) – 2030(F)
Table 07: South America Copper Alloys Value (USD Mn) Forecast, By Country, 2018(H) – 2030(F)
Table 08: South America Copper Alloys Value (USD Mn) Forecast,By Alloy Type, 2018(H) – 2030(F)
Table 09: South America Copper Alloys Value (USD Mn) Forecast, By Product Form, 2018(H) – 2030(F)
Table 10: Europe Copper Alloys Value (USD Mn) and Forecast, by Country, 2018(H) – 2030(F)
Table 11: Europe Copper Alloys Value (USD Mn) Forecast, By Alloy Type, 2018(H) – 2030(F)
Table 12: Europe Copper Alloys Value (USD Mn) Forecast, By Product Form EndUser, 2018(H) – 2030(F)
Table 13: Middle East and Africa Copper Alloys Value (USD Mn) Forecast, By Country, 2018(H) – 2030(F)
Table 14: Middle East and Africa Copper Alloys Value (USD Mn) Forecast, By Alloy Type, 2018(H) – 2030(F)
Table 15: Middle East and Africa Copper Alloys Value (USD Mn) Forecast, By Product Form, 2018(H) – 2030(F)
Table 16: Asia-Pacific Copper Alloys Value (USD Mn) Forecast, by Country, 2018(H) – 2030(F)
Table 17: Asia-Pacific Copper Alloys Value (USD Mn) Forecast, By Alloy Type, 2018(H) – 2030(F)
Table 18: Asia-Pacific Copper Alloys Value (USD Mn) Forecast, By Product Form, 2018(H) – 2030(F)
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