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(2019-2025) Copper Strips Market Growth:Size: Demand: Trends: Insights: Forecast:QY Research

 

Los Angeles, CA -- (SBWIRE) -- 03/20/2019 -- This study focuses on the production side and consumption side of Copper Strips, presents the global Copper Strips market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Copper Strips capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of Copper Strips by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

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Copper is a light metal with outstanding malleable and ductile properties. It possesses high thermal and electrical conductivity. It is widely used in numerous industrial and antibacterial applications high malleability property of copper and ease of application in machineries during fabrication procedures enables high production rate of precise copper strips at relatively lower cost as compared to its substitutes.

The copper most commonly used for strip applications complies with ASTM B370. It consists of 99.9 percent copper, and is available in six tempers designated by ASTM B370 as: 060 (soft), H00 (cold rolled), H01 (cold rolled, high yield), H02 (half hard), H03 (three quarter hard), and H04 (hard). Thin copper strips perfect for using with mosaics and many other crafts, and various other applications including electrical and DIY projects.

First, as for the global Copper Strips industry, the industry concentration rate is highly dispersed. The top 5 manufacturers have 33.25% sales revenue market share in 2016. The Aurubis which has 9.63% market share in 2016, is the leader in the Copper Strips industry. The manufacturers following Aurubis are KME and Mitsubishi Shindoh, which respectively has 7.34% and 6.01% market share globally.

Growth in demand of copper strips in China could be strengthened by the weighty rate of the local production of automobiles and household appliances. The demand of copper in the manufacturing of electrical wire, pipe, electronic goods and telecommunications equipment in the country is owing to the progress of the electrical & electronics sector and continuous boom in construction & infrastructure industry.

Europe and North America are also growing in terms of demand due to high product applications in household appliances and construction industry. Advanced economies and increase in spending capacity in the region is boosting the overall growth of copper strips market. Middle East & Africa and Latin America are also envisioned to be poised for a lucrative growth owing to their growing construction sector.

The Copper Strips market was valued at 11100 Million US$ in 2017 and is projected to reach 14400 Million US$ by 2025, at a CAGR of 3.3% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Copper Strips.

This report includes the following manufacturers; we can also add the other companies as you want.

Aurubis

KME

Mitsubishi Shindoh

GB Holding

Wieland

Poongsan

CHALCO

MKM

Jintian Group

Furukawa Electric

Xingye Copper

Anhui Xinke

CNMC

Dowa Metaltech

Market Segment by Product Type

<6mm Copper Strips

6-10mm Copper Strips

>10mm Copper Strips

Market Segment by Application

Machines

Architecture and Art

Electric Appliances

Others

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