Global Copper Concentrate Market By Type (Pyrometallurgical, Hydrometallurgical), By Application (Electrical Industry, Mechanical Industry, Industrial Machineries & Equipments, Military & Defense, Others)
Global Copper Concentrate Market Outlook
The global copper concentrate market was valued at US$ 81 Billion in 2019 and is projected to reach US$ 93 Billion by 2027 expanding at a CAGR of 2.5% during the forecast period, 2020-2027. Copper concentrates are typically prepared by removing water from a copper solution High purity copper concentrate, having the smallest possible average grain size, is used for preparing pressed and bonded sputtering targets using processes such as physical vapor deposition (PVD), chemical vapor deposition (CVD), metal-organic chemical vapor deposition (MOCVD), atomic layer deposition (ALD), low-temperature organic evaporation, and thermal and electron beam (E Beam) evaporation.
Market Dynamics:
The market is driven by factors such as growing awareness regarding the properties of copper, increasing production of copper-based alloys, and growing use of copper-based products for human health. However, availability of cheaper alternatives and implementation of taxes and strict regulation policies are key restraints of this market. Ongoing research development activities in the field of green mining and use of smart mining technology for mining are boosting the growth of the market.
Segmental Outlook:
On the basis of type, the global copper concentrate market is bifurcated into pyrometallurgical and hydrometallurgy. The pyrometallurgical segment is estimated to hold a significant market share of the market during the forecast period due to its highly efficient outcomes and its ability to process at high temperature to provide high production rates therefore, the segment is anticipated to expand at a healthy CAGR of 2.5% during the forecast period. The hydrometallurgy segment is estimated to grow at sluggish pace, as this process has low recovery rate of the copper metal.
Based on applications, the global copper concentrate market is classified into electrical industry, mechanical industry, industrial machineries and equipment, military defense, and others. The electrical industry segment is projected to constitute half of the market by 2027 as a majority of the copper is used in the electrical applications such as building electrical wiring, computer chips, and power cables. The mechanical industry and industrial machineries & equipment segments are anticipated to expand at significant pace due to increasing demand for copper from these industries during the forecast period.
Regional Outlook:
In terms of regions, the market has been fragmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is a promising region for the market. It constituted more than half market in terms of share in 2019. The market in the region is projected to expand at a CAGR of 2.7% during the forecast period. The demand for copper concentrate is expected to rise due to the rapid growth in the construction, automotive, and appliance industries in the region. The market in North America is projected to expand at a CAGR of 2.6% due to the recent advances in the mechanical industry and the expected launches of new trains and aircraft during the forecast period.
Competitive Landscape:
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Key players in the market include Anglo American, Glencore, Jiangxi Copper Corporation, and others These companies are considered as key manufacturers of copper concentrate based on their revenue, research development (R&D) activities, regional presence, and supply chain management system.
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The players are adopting key strategies such as acquisition, and geographical expansion where potential opportunity for the copper concentrate extraction is added in the company’s capacity.
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For instance, in 2019, Katanga Mining of Glencore announced plans to acquire land rights from Gécamines. This helped the company increase its products and assets.
Key Benefits for Industry Participants & Stakeholders:
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In-depth Analysis of the Global Copper Concentrate Market
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Historical, Current and Projected Market Size in terms of Value and Volume
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Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
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Industry Drivers, Restraints and Opportunities Covered in the Study
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Recent Industry Trends and Developments
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Competitive Landscape & Strategies of Key Players
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Neutral Perspective on Global Copper Concentrate Market Performance
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Copper Concentrate 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 Concentrate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Copper Concentrate 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 Concentrate 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 Concentrate Market Size & Forecast, 2017-2027
4.5.1 Copper Concentrate Market Size and Y-o-Y Growth
4.5.2 Copper Concentrate Market Absolute $ Opportunity
4.6 Pricing Analysis & Forecast, Type, 2017-2027
4.7 Global Copper Concentrate Market Structure
4.8 Balance of Trade
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- Import Data
- Export Data
- Short-Term and Long-Term Outlook
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4.9.1 Copper Concentrate Market Size (Production and Consumption) and Y-o-Y Growth
4.9.2 Copper Concentrate Market Absolute $ Opportunity
Chapter 5 Global Copper Concentrate Market Analysis and Forecast Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities Type
5.1.2 Basis Point Share (BPS) Analysis Type
5.1.3 Absolute $ Opportunity Assessment Type
5.2 Copper Concentrate Market Size & Volume Forecast Type
5.2.1 Pyrometallurgical
5.2.2 Hydrometallurgy
5.3 Market Attractiveness Analysis Type
Chapter 6 Global Copper Concentrate Market Analysis and Forecast Application
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities Application
6.1.2 Basis Point Share (BPS) Analysis Application
6.1.3 Absolute $ Opportunity Assessment Application
6.2 Copper Concentrate Market Size & Volume Forecast Application
6.2.1 Electrical Industry
6.2.2 Mechanical Industry
6.2.3 Chemical Industry
6.2.4 Military & Defense
6.2.5 Others
6.3 Market Attractiveness Analysis Application
Chapter 7 Global Copper Concentrate 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 Concentrate 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 Concentrate Analysis and Forecast
9.1 Introduction
9.2 North America Copper Concentrate 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 Concentrate Market Size & Volume Forecast Type
9.6.1 Pyrometallurgical
9.6.2 Hydrometallurgy
9.7 Basis Point Share (BPS) Analysis Type
9.8 Absolute $ Opportunity Assessment Type
9.9 Market Attractiveness Analysis Type
9.10 North America Copper Concentrate Market Size & Volume Forecast Application
9.10.1 Electrical Industry
9.10.2 Mechanical Industry
9.10.3 Chemical Industry
9.10.4 Military & Defense
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis Application
9.12 Absolute $ Opportunity Assessment Application
9.13 Market Attractiveness Analysis Application
Chapter 10 Europe Copper Concentrate Analysis and Forecast
10.1 Introduction
10.2 Europe Copper Concentrate 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 CIS
10.2.8 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 Concentrate Market Size & Volume Forecast Type
10.6.1 Pyrometallurgical
10.6.2 Hydrometallurgy
10.7 Basis Point Share (BPS) Analysis Type
10.8 Absolute $ Opportunity Assessment Type
10.9 Market Attractiveness Analysis Type
10.10 Europe Copper Concentrate Market Size & Volume Forecast Application
10.10.1 Electrical Industry
10.10.2 Mechanical Industry
10.10.3 Chemical Industry
10.10.4 Military & Defense
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis Application
10.12 Absolute $ Opportunity Assessment Application
10.13 Market Attractiveness Analysis Application
Chapter 11 Asia Pacific Copper Concentrate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Copper Concentrate 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 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 Concentrate Market Size & Volume Forecast Type
11.6.1 Pyrometallurgical
11.6.2 Hydrometallurgy
11.7 Basis Point Share (BPS) Analysis Type
11.8 Absolute $ Opportunity Assessment Type
11.9 Market Attractiveness Analysis Type
11.10 Asia Pacific Copper Concentrate Market Size & Volume Forecast Application
11.10.1 Electrical Industry
11.10.2 Mechanical Industry
11.10.3 Chemical Industry
11.10.4 Military & Defense
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis Application
11.12 Absolute $ Opportunity Assessment Application
11.13 Market Attractiveness Analysis Application
Chapter 12 Latin America Copper Concentrate Analysis and Forecast
12.1 Introduction
12.2 Latin America Copper Concentrate 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 Concentrate Market Size & Volume Forecast Type
12.6.1 Pyrometallurgical
12.6.2 Hydrometallurgy
12.7 Basis Point Share (BPS) Analysis Type
12.8 Absolute $ Opportunity Assessment Type
12.9 Market Attractiveness Analysis Type
12.10 Latin America Copper Concentrate Market Size & Volume Forecast Application
12.10.1 Electrical Industry
12.10.2 Mechanical Industry
12.10.3 Chemical Industry
12.10.4 Military & Defense
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis Application
12.12 Absolute $ Opportunity Assessment Application
12.13 Market Attractiveness Analysis Application
Chapter 13 Middle East & Africa (MEA) Copper Concentrate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Copper Concentrate 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 Concentrate Market Size & Volume Forecast Type
13.6.1 Pyrometallurgical
13.6.2 Hydrometallurgy
13.7 Basis Point Share (BPS) Analysis Type
13.8 Absolute $ Opportunity Assessment Type
13.9 Market Attractiveness Analysis Type
13.10 Middle East & Africa (MEA) Copper Concentrate Market Size & Volume Forecast Application
13.10.1 Electrical Industry
13.10.2 Mechanical Industry
13.10.3 Chemical Industry
13.10.4 Military & Defense
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis Application
13.12 Absolute $ Opportunity Assessment Application
13.13 Market Attractiveness Analysis Application
Chapter 14 Competition Landscape
14.1 Copper Concentrate Market: Competitive Dashboard
14.2 Global Copper Concentrate Market: Market Share Analysis, 2019
14.3 List of Copper Smelters by Region
14.4 Smelter Capacity & Production with net change, 2018 or 2019
14.5 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.5.1 Anglo American
14.5.2 Antofagasta plc
14.5.3 BHP
14.5.4 Boliden Group
14.5.5 CODELCO
14.5.6 Yunnan Copper Co., Ltd
14.5.7 Vale
14.5.8 Glencore
14.5.9 Freeport MacMoRan
14.5.10 First Quantum Minerals Ltd
14.5.11 Southern Copper Corporation
14.5.12 Jiangxi Copper Corporation
14.5.13 Jinchuan Group International Resources Co. Ltd.
14.5.14 Round Oak Minerals
14.5.15 Russian Copper Company
By Type
- Pyrometallurgical
- Hydrometallurgy
- Electrical Industry
- Mechanical Industry
- Industrial Machineries and Equipment
- Military & Defense
- Others
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Europe
- Germany
- France
- Italy
- UK
- Spain
- Russia
- CIS Countries
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- Saudi Arabia
- South Africa
- UAE
- Rest of MEA
- Anglo American
- Antofagasta plc
- BHP Billiton Ltd.
- Boliden Group
- CODELCO
- Yunnan Copper Co., Ltd.
- Vale
- Glencore
- Freeport MacMoRan, Inc.
- First Quantum Minerals Ltd.
- Southern Copper Corporation
- Jiangxi Copper Corp.
- Jinchuan Group International Resources Co., Ltd.
- Round Oaks Ltd.
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FAQ Section
Some frequently asked quetions about this report!
Additional company profiles can be provided on request
Yes, the list of top smelters is available in final report. The smelter locations, capacity, and production for year 2018 and 2019 is available in final report.
According to this Growth Market Reports report, the market from Copper Concentrate is likely to register a CAGR of 2.5% during forecast period 2020-2027, with an anticipated valuation of US$ 93 billion by the end of the 2027.
In addition to market size (in US$ Million), Market Volume (in Million Tons), and Company Market Share (in % for base year 2019), other data such as Pricing analysis for year 2017 to 2027 (estimated pricing analysis) is provided, Export Import Analysis (2015 to 2019) for Copper ores and concentrates is provided, short term and long term outlook for copper concentrate market is available in final report.
The increasing demand for copper across various end user industries due to its unique metallurgical properties, and rising research and development activities to increase copper usability’s is driving the market growth during forecast period.
Electrical Industry and Mechanical Industry are the key end-use industries driving the HVAC filters market.
Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.
The market is expected to witness decline of over 3% between 2019 and 2020 owing to the negative impact of COVID 19 pandemic on the copper concentrates market. The shutdown of production activities, restrictions on transportation activities, and temporary decline in demand for copper concentrates are some of the prime reasons responsible for this market trend.
The base year considered for the global copper concentrate market report is 2019. The complete analysis period is 2017 to 2027, wherein, 2017 & 2018 are the historic years and the forecast is provided from 2020 to 2027.
Major manufactures include, Anglo American, Glencore, and Jiangxi Copper Corporation.
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