Copper Concentrate Market

Global Copper Concentrate Market By Type (Pyrometallurgical, Hydrometallurgical), By Application (Electrical Industry, Mechanical Industry, Industrial Machineries & Equipments, Military & Defense, Others)

  • Report ID: MC-9
  • Author: Growth Market Reports
  • Rating: 5.0
  • Total Reviews: 17
  • No. Of Pages: 263
  • Format:
  • Pub. Date: 2020-07-30
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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.


Global Copper Concentrate Market Outlook

 

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.
 

global copper concentrate market by type

 

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.


global copper concentrate market by application

 

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:

  • 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. 

  • 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. 

  • 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. 

global copper concentrate market competitive analysis

 

Key Benefits for Industry Participants & Stakeholders:

  • In-depth Analysis of the Global Copper Concentrate Market

  • Historical, Current and Projected Market Size in terms of Value and Volume

  • Potential & Niche Segments and Regions Exhibiting Promising Growth Covered 

  • Industry Drivers, Restraints and Opportunities Covered in the Study

  • Recent Industry Trends and Developments

  • Competitive Landscape & Strategies of Key Players

  • Neutral Perspective on Global Copper Concentrate Market Performance

Chapter 1 Executive Summary
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
      1. Import Data
      2. Export Data
      3. Short-Term and Long-Term Outlook
4.9 Global Copper Concentrate Market Size (Production and Consumption) & Forecast, 2017-2027
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

 
Key Segments Covered
By Type
  • Pyrometallurgical
  • Hydrometallurgy
By Application
  • Electrical Industry
  • Mechanical Industry
  • Industrial Machineries and Equipment
  • Military & Defense
  • Others
By Region
  • 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
Key Market Players Profiled in the Report
  • 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.