North America Copper Market to 2032
Overview
The North America Copper Market is expected to reach a 98.58 USD Billion by 2032 and is projected to grow at a CAGR of 5.50% from 2025 to 2032.
Revenue, 2024 (USD Billion)
64.76
Forecast, 2032 (USD Billion)
98.58
CAGR, 2024 - 2032
5.50%
Report Coverage
North America
North America Copper Market 2018-2032 USD Billion
North America Copper Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 64.76 USD Billion
- Projected Market Size (2032): 98.58 USD Billion
- CAGR (2025-2032): 5.50%
Key Findings of North America Copper Market
- The North America Copper Market was valued at 64.76 USD Billion in 2024.
- The North America Copper Market is likely to grow at a CAGR of 5.50% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Mining in Copper Processing Segment accounted for the largest share of the market with a revenue of 29.88 USD Billion
- The fastest growing segment Electric Vehicles in Application Segment grew Fastest with a CAGR of 8.22% during the forecast period from 2024 to 2032.
North America Copper Market Scope
North America Copper Market Segmentation & Scope
Copper Processing
- Others
- Alloying
- Purification
- Electrorefining
- Extraction
- Mining
Copper Grade
- Free-Machining Coppers
- Electrolytic Coppers
- Oxygen Free Coppers
- Pure Coppers
Temper
- Extra-Spring
- Hard-Spring
- Half-Hard
- Soft
Product Form
- Cathodes
- Pipes
- Others
- Tubes
- Bars and Sections
- Rods
- Strips
- Sheets
- Plates
- Wires
Application
- Optical Fibers
- Spark Plugs
- Water-Cooled Copper Crucibles
- Others
- Cooking Utensils
- Electrodes
- High Conductivity Wires
- Refrigeration Tubing
- Architectural Applications
- Pipes
- Solar Panels
- Roofing
- Plumbing
- Industrial Machinery
- Motor Parts
- Electric Vehicles
- Heat Exchangers
- Cables and Busbars
- Power Transmission Lines
- Electrical Wiring
End-Use
- Defense
- Aerospace
- Others
- Medical
- Transport
- Telecommunications
- Consumer Products
- Equipment Manufacture
- Industrial Equipment
- Automotive
- Infrastructure
- Power and Energy
- Electricals and Electronics
- Construction
North America Copper Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2024 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 64.76 USD Billion |
| Market Value in 2032 | 98.58 USD Billion |
| CAGR (2025-2032) | 5.50% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Copper Processing,Copper Grade,Temper,Product Form,Application,End-Use |
Regional Insights:
-
Leading Market (2024-2032): North America, leading in terms of revenue 64.76 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 45,014.69 USD Million in 2024.
Segments and Scope
-
North America Copper Market to 2032, By Copper Processing
- Mining is the largest segment in North America Copper Market to 2032 with a revenue of 29.88 USD Billion in the year 2024.
- Mining is the Fastest growing segment in North America Copper Market to 2032 with a Growth rate of 5.90 % in forecast period 2025-2032.
-
North America Copper Market to 2032, By Copper Grade
- Pure Coppers is the largest segment in North America Copper Market to 2032 with a revenue of 26.66 USD Billion in the year 2024.
- Pure Coppers is the Fastest growing segment in North America Copper Market to 2032 with a Growth rate of 5.83 % in forecast period 2025-2032.
-
North America Copper Market to 2032, By Temper
- Soft is the largest segment in North America Copper Market to 2032 with a revenue of 27.85 USD Billion in the year 2024.
- Soft is the Fastest growing segment in North America Copper Market to 2032 with a Growth rate of 5.92 % in forecast period 2025-2032.
-
North America Copper Market to 2032, By Product Form
- Wires is the largest segment in North America Copper Market to 2032 with a revenue of 19.37 USD Billion in the year 2024.
- Wires is the Fastest growing segment in North America Copper Market to 2032 with a Growth rate of 6.24 % in forecast period 2025-2032.
-
North America Copper Market to 2032, By Application
- Electrical Wiring is the largest segment in North America Copper Market to 2032 with a revenue of 8.77 USD Billion in the year 2024.
- Electric Vehicles is the Fastest growing segment in North America Copper Market to 2032 with a Growth rate of 7.37 % in forecast period 2025-2032.
-
North America Copper Market to 2032, By End-Use
- Construction is the largest segment in North America Copper Market to 2032 with a revenue of 15.31 USD Billion in the year 2024.
- Automotive is the Fastest growing segment in North America Copper Market to 2032 with a Growth rate of 6.12 % in forecast period 2025-2032.
North America Copper Market Company Share Analysis
| Company Name |
|
||
| Aurubis AG | |||
| Glencore | |||
| Jiangxi Copper Group Co., Ltd. | |||
| CODELCO | |||
| BHP | |||
North America Copper Market Geographical Sales Distribution, 2018-2032 USD Billion
North America Copper Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The North America Copper Market is segmented based on Segmentation Copper Processing,Copper Grade,Temper,Product Form,Application,End-Use.
North America Copper Market was valued at USD 64.76(Revenue in USD Billion) in 2024.
North America Copper Market is projected to grow at a CAGR of 5.50% during the forecast period of 2024 to 2032.
The Mining segment is expected to dominate the North America Copper Market, holding a largest market share of 29.88 USD Billion in 2024
North America Copper Market Scope
North America Copper Market Segmentation & Scope
Copper Processing
- Others
- Alloying
- Purification
- Electrorefining
- Extraction
- Mining
Copper Grade
- Free-Machining Coppers
- Electrolytic Coppers
- Oxygen Free Coppers
- Pure Coppers
Temper
- Extra-Spring
- Hard-Spring
- Half-Hard
- Soft
Product Form
- Cathodes
- Pipes
- Others
- Tubes
- Bars and Sections
- Rods
- Strips
- Sheets
- Plates
- Wires
Application
- Optical Fibers
- Spark Plugs
- Water-Cooled Copper Crucibles
- Others
- Cooking Utensils
- Electrodes
- High Conductivity Wires
- Refrigeration Tubing
- Architectural Applications
- Pipes
- Solar Panels
- Roofing
- Plumbing
- Industrial Machinery
- Motor Parts
- Electric Vehicles
- Heat Exchangers
- Cables and Busbars
- Power Transmission Lines
- Electrical Wiring
End-Use
- Defense
- Aerospace
- Others
- Medical
- Transport
- Telecommunications
- Consumer Products
- Equipment Manufacture
- Industrial Equipment
- Automotive
- Infrastructure
- Power and Energy
- Electricals and Electronics
- Construction
Frequently Asked Questions
The North America Copper Market is segmented based on Segmentation Copper Processing,Copper Grade,Temper,Product Form,Application,End-Use.
North America Copper Market was valued at USD 64.76(Revenue in USD Billion) in 2024.
North America Copper Market is projected to grow at a CAGR of 5.50% during the forecast period of 2024 to 2032.
The estimated market value of the North America Copper Market for final year is USD 98.58 (USD Billion).
North America Copper Market Company Profiling
Frequently Asked Questions
The North America Copper Market is segmented based on Segmentation Copper Processing,Copper Grade,Temper,Product Form,Application,End-Use.
North America Copper Market was valued at USD 64.76(Revenue in USD Billion) in 2024.
North America Copper Market is projected to grow at a CAGR of 5.50% during the forecast period of 2024 to 2032.
The estimated market value of the North America Copper Market for final year is USD 98.58 (USD Billion).
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