Global Copper Strips
Market Report
2025
The global Copper Strips market size is USD 16241.2 million in 2024. The increasing demand for electrical and electronic components is expected to boost sales to USD 22852.99 million by 2031, with a Compound Annual Growth Rate (CAGR) of 5.00% from 2024 to 2031.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Copper Strips market size will be USD 16241.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 5.00% from 2024 to 2031.
2021 | 2025 | 2033 | CAGR | |
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Global Copper Strips Market Sales Revenue | $ 13380.4 Million | $ 15865 Million | $ 22303.8 Million | 4.35% |
North America Copper Strips Market Sales Revenue | $ 3869.62 Million | $ 4461.24 Million | $ 6071.11 Million | 3.927% |
United States Copper Strips Market Sales Revenue | $ 3047.71 Million | $ 3495.83 Million | $ 4726.96 Million | 3.843% |
Canada Copper Strips Market Sales Revenue | $ 520.077 Million | $ 608.513 Million | $ 852.383 Million | 4.303% |
Mexico Copper Strips Market Sales Revenue | $ 301.831 Million | $ 356.899 Million | $ 491.76 Million | 4.088% |
Europe Copper Strips Market Sales Revenue | $ 2943.7 Million | $ 3395.11 Million | $ 4706.11 Million | 4.166% |
United Kingdom Copper Strips Market Sales Revenue | $ 320.863 Million | $ 376.857 Million | $ 531.791 Million | 4.399% |
Germany Copper Strips Market Sales Revenue | $ 597.57 Million | $ 706.183 Million | $ 1007.11 Million | 4.537% |
France Copper Strips Market Sales Revenue | $ 300.257 Million | $ 336.116 Million | $ 442.374 Million | 3.493% |
Italy Copper Strips Market Sales Revenue | $ 138.354 Million | $ 145.99 Million | $ 183.538 Million | 2.902% |
Russia Copper Strips Market Sales Revenue | $ 382.68 Million | $ 427.784 Million | $ 574.146 Million | 3.747% |
Spain Copper Strips Market Sales Revenue | $ 191.34 Million | $ 210.497 Million | $ 287.073 Million | 3.955% |
Luxembourg Copper Strips Market Sales Revenue | $ 88.311 Million | $ 95.063 Million | $ 127.065 Million | 3.694% |
Rest of Europe Copper Strips Market Sales Revenue | $ 526.922 Million | $ 655.256 Million | $ 967.106 Million | 4.986% |
Sweden Copper Strips Market Sales Revenue | $ 141.297 Million | $ 156.175 Million | $ 204.716 Million | 3.441% |
Denmark Copper Strips Market Sales Revenue | $ 132.466 Million | $ 149.385 Million | $ 202.363 Million | 3.867% |
Switzerland Copper Strips Market Sales Revenue | $ 123.635 Million | $ 135.804 Million | $ 178.832 Million | 3.5% |
Asia Pacific Copper Strips Market Sales Revenue | $ 4883.86 Million | $ 5822.46 Million | $ 8586.98 Million | 4.976% |
China Copper Strips Market Sales Revenue | $ 1924.24 Million | $ 2311.51 Million | $ 3512.07 Million | 5.368% |
Japan Copper Strips Market Sales Revenue | $ 549.923 Million | $ 632.319 Million | $ 898.198 Million | 4.485% |
India Copper Strips Market Sales Revenue | $ 883.978 Million | $ 1088.8 Million | $ 1665.87 Million | 5.46% |
South Korea Copper Strips Market Sales Revenue | $ 288.148 Million | $ 314.413 Million | $ 420.762 Million | 3.709% |
Australia Copper Strips Market Sales Revenue | $ 113.794 Million | $ 124.018 Million | $ 165.729 Million | 3.691% |
South East Asia Copper Strips Market Sales Revenue | $ 726.23 Million | $ 877.444 Million | $ 1222.79 Million | 4.236% |
Rest of APAC Copper Strips Market Sales Revenue | $ 124.05 Million | $ 171.18 Million | $ 289.381 Million | 6.783% |
Singapore Copper Strips Market Sales Revenue | $ 131.864 Million | $ 145.561 Million | $ 197.501 Million | 3.888% |
Taiwan Copper Strips Market Sales Revenue | $ 141.632 Million | $ 157.206 Million | $ 214.674 Million | 3.971% |
South America Copper Strips Market Sales Revenue | $ 816.207 Million | $ 1158.15 Million | $ 1650.48 Million | 4.528% |
Brazil Copper Strips Market Sales Revenue | $ 280.775 Million | $ 401.876 Million | $ 577.67 Million | 4.64% |
Argentina Copper Strips Market Sales Revenue | $ 101.21 Million | $ 140.136 Million | $ 189.806 Million | 3.865% |
Colombia Copper Strips Market Sales Revenue | $ 64.48 Million | $ 92.652 Million | $ 133.689 Million | 4.69% |
Peru Copper Strips Market Sales Revenue | $ 42.443 Million | $ 57.907 Million | $ 79.223 Million | 3.996% |
Chile Copper Strips Market Sales Revenue | $ 38.362 Million | $ 52.117 Million | $ 72.621 Million | 4.234% |
Rest of South America Copper Strips Market Sales Revenue | $ 288.937 Million | $ 413.458 Million | $ 597.475 Million | 4.71% |
Middle East Copper Strips Market Sales Revenue | $ 543.246 Million | $ 644.119 Million | $ 794.017 Million | 2.65% |
Egypt Copper Strips Market Sales Revenue | $ 57.584 Million | $ 69.565 Million | $ 87.342 Million | 2.885% |
Turkey Copper Strips Market Sales Revenue | $ 128.749 Million | $ 150.08 Million | $ 182.624 Million | 2.484% |
Rest of Middle East Copper Strips Market Sales Revenue | $ 32.595 Million | $ 34.138 Million | $ 40.336 Million | 2.107% |
Saudi Arabia Copper Strips Market Sales Revenue | $ 214.039 Million | $ 257.003 Million | $ 315.86 Million | 2.611% |
UAE Copper Strips Market Sales Revenue | $ 60.083 Million | $ 71.884 Million | $ 91.312 Million | 3.036% |
Qatar Copper Strips Market Sales Revenue | $ 50.196 Million | $ 61.449 Million | $ 76.543 Million | 2.784% |
Africa Copper Strips Market Sales Revenue | $ 323.807 Million | $ 383.933 Million | $ 495.145 Million | 3.231% |
South Africa Copper Strips Market Sales Revenue | $ 142.475 Million | $ 167.395 Million | $ 213.408 Million | 3.082% |
Nigeria Copper Strips Market Sales Revenue | $ 82.247 Million | $ 98.287 Million | $ 128.738 Million | 3.431% |
Rest of Africa Copper Strips Market Sales Revenue | $ 99.085 Million | $ 118.251 Million | $ 153 Million | 3.273% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type Outlook: |
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Market Split by ApplicationOutlook: |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Market Drivers:
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Market Restrains:
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Market Trends:
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Report scope is customizable as we have a huge database of Copper Strips industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Copper Strips Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Copper strips are thin, flat pieces of copper that are rolled or cut from larger sheets or coils. Known for their excellent electrical and thermal conductivity, malleability, and corrosion resistance, copper strips are widely used in various applications including electrical and electronic components, roofing, plumbing, and automotive parts. The Copper Strips Market is experiencing steady growth driven by several key factors. The rising demand for electrical and electronic components, fueled by the proliferation of consumer electronics and advancements in technology, is a major growth driver. The construction and infrastructure sectors also contribute significantly to market expansion, with copper strips being essential for electrical wiring, plumbing, and architectural elements.
For instance, April 2023 - Glencore announced to sign a binding agreement with Norsk Hydro ASA, one of the world's leading low-carbon aluminum companies, to acquire a 30% equity stake in Alunorte S.A. and a 45% equity stake in Mineração Rio do Norte S.A. On completion of this transaction, the company will join the Alunorte joint venture with Hydro and the other minority shareholders (Source: https://www.glencore.com/media-and-insights/news/glencore-announces-the-acquisition-of-equity-stakes-in-mineracao-rio-do-norte-s-a-and-alunorte-s-a-from-norsk-hydro-asa)
The burgeoning demand for electrical and electronic components significantly drives the Copper Strips Market. Copper strips are essential in manufacturing connectors, switches, and other electronic devices due to their excellent conductivity and durability. With the rapid advancement of technology and the proliferation of consumer electronics, the requirement for reliable electrical connections has surged. Moreover, the ongoing trend towards miniaturization in electronics necessitates high-quality, thin copper strips, enhancing performance and efficiency in compact devices. This relentless demand underscores copper strips' vital role in the electronics sector, propelling market growth.
Another pivotal driver for the Copper Strips Market is the surge in infrastructure development and construction activities worldwide. Copper strips are widely utilized in construction for roofing, plumbing, and electrical wiring due to their corrosion resistance and superior conductivity. The global push towards urbanization and the development of smart cities have amplified the need for robust and reliable construction materials. Additionally, government investments in infrastructure projects, especially in emerging economies, have further bolstered the demand for copper strips. This infrastructural expansion ensures a steady growth trajectory for the copper strips market, as these projects often require significant amounts of high-quality copper materials.
A significant restraint for the Copper Strips Market is the fluctuating prices of raw materials. Copper, being a globally traded commodity, is subject to price volatility due to various factors such as changes in supply-demand dynamics, geopolitical tensions, and economic policies. These price fluctuations can adversely affect the production costs for manufacturers, leading to uncertainties in pricing strategies and profit margins. Consequently, companies may face challenges in maintaining consistent supply and managing costs, which can hinder market growth and stability. This volatility necessitates effective risk management and strategic sourcing to mitigate its impact on the copper strips market.
The COVID-19 pandemic had a profound impact on the Copper Strips Market. Disruptions in the global supply chain due to lockdowns and restrictions led to a slowdown in manufacturing activities and a decline in demand from key industries such as construction, automotive, and electronics. Additionally, fluctuations in copper prices during the pandemic added to the market uncertainty. However, as economies began to recover, there was a resurgence in demand driven by renewed infrastructure projects and increased investment in renewable energy sectors. Despite initial setbacks, the market is gradually rebounding as industries adapt to the new normal and supply chains stabilize.
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The competitive landscape is further influenced by the ongoing shift towards sustainable practices and the increasing emphasis on reducing the environmental impact of production processes. Companies that can effectively integrate these aspects into their operations are likely to gain a competitive edge in the market.
April 2023: Rio Tinto, an Angelo Australian company, has acquired the Platina Scandium Project from Platina Resources Limited in USD 14 billion, a high-grade scandium resource in (NSW) Australia. (Source: https://www.riotinto.com/en/news/releases/2023/rio-tinto-acquires-high-grade-scandium-project-in-australia)
Top Companies Market Share in Copper Strips Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominates the Copper Strips Market due to its robust industrial base, particularly in the automotive and construction sectors. The region's technological advancements and high demand for electrical and electronic products drive the need for copper strips, essential for their conductive properties. Additionally, North America's well-established infrastructure and continuous investment in renewable energy projects, such as solar and wind power, further boost copper strip consumption.
Asia Pacific is the fastest-growing region in the Copper Strips Market due to rapid industrialization and urbanization, particularly in countries like China and India. The booming construction and automotive industries, along with the expansion of the electrical and electronics sectors, significantly drive the demand for copper strips.
The current report Scope analyzes Copper Strips Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global Copper Strips market size was estimated at USD 16241.2 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 6496.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2%from 2024 to 2031.
According to Cognitive Market Research, the global Copper Strips market size was estimated at USD 16241.2 Million, out of which Europe held the market of more than 30% of the global revenue with a market size of USD 4872.36 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.5%from 2024 to 2031.
According to Cognitive Market Research, the global Copper Strips market size was estimated at USD 16241.2 Million, out of which Asia Pacific held the market ofaround23% of the global revenue with a market size of USD 3735.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0%from 2024 to 2031.
According to Cognitive Market Research, the global Copper Strips market size was estimated at USD 16241.2 Million, out of which the Latin America market has more than 5% of the global revenue with a market size of USD 812.06 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4%from 2024 to 2031..
According to Cognitive Market Research, the global Copper Strips market size was estimated at USD 16241.2 Million, out of which the Middle East and Africa held the major market ofaround 2% of the global revenue with a market size of USD 324.82 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7%from 2024 to 2031..
Global Copper Strips Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Copper Strips Industry growth. Copper Strips market has been segmented with the help of its Type Outlook:, ApplicationOutlook: , and others. Copper Strips market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
How are Segments Performing in the Global Copper Strips Market?
According to Cognitive Market Research, the category of less than 6mm copper strips is the dominant segment. This dominance is attributed to their extensive use in electrical and electronics applications. Their excellent conductivity, malleability, and durability make them ideal for manufacturing components like connectors, circuit boards, and electromagnetic shielding. Additionally, the increasing demand for miniaturized electronic devices further drives the preference for thinner copper strips, solidifying their dominant position in the market.
The fastest-growing category in the Copper Strips Market is the greater than 10mm copper strips segment. This rapid growth is primarily driven by their application in industrial machinery and heavy electrical equipment, where thicker copper strips are necessary for high-power transmission and robust performance. The burgeoning renewable energy sector, particularly in wind and solar power installations, increasingly relies on greater than 10mm copper strips for their efficiency and reliability in high-load environments.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Copper Strips Industry. Request a Free Sample PDF!
According to Cognitive Market Research, the electronic industry is the dominant application segment. This dominance stems from the critical role copper strips play in the manufacturing of electronic components, such as circuit boards, connectors, and electromagnetic shielding. Copper's excellent electrical conductivity, thermal management capabilities, and reliability make it indispensable for ensuring the performance and longevity of electronic devices.
The fastest-growing application segment in the Copper Strips Market is the architecture and art sector. This growth is fueled by the increasing use of copper strips in modern architectural designs and artistic installations, where their aesthetic appeal, durability, and malleability are highly valued. Architects and designers favor copper for its unique patina and ability to create visually striking structures and artworks.
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Research Analyst at Cognitive Market Research
Enthusiastic and analytical market research professional with 2 years of hands-on experience in tracking market trends, evaluating consumer behavior, and supporting strategic decision-making. Proficient in designing surveys, conducting interviews, and synthesizing insights from both primary and secondary sources. Successfully contributed to research projects across sectors such as retail, personal care, and industrial markets. Brings a keen eye for detail, strong data interpretation skills, and a passion for uncovering what drives markets forward. Comfortable working in fast-paced environments and collaborating across departments to deliver clear, actionable findings.
Ashwini Moharir is a market research professional with over 2 years of hands-on experience in delivering strategic insights and data-driven analysis across the healthcare and food & beverage sectors. She specializes in gathering and interpreting market data to support business decisions, product development, and competitive positioning.
With a foundation in teaching and research & development, Ashwini brings a well-rounded perspective that enhances her approach to market analysis. Her ability to combine academic rigor with practical industry knowledge allows her to uncover deeper insights and provide actionable recommendation.
Conclusion
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type Outlook: | Less than Copper Strips, 6-10mm Copper Strips, greater than10mm Copper Strips |
ApplicationOutlook: | Machinery Industry, Electronic Industry, Architecture and Art, Others |
List of Competitors | Aurubis, Mitsubishi Shindoh, EGM Group, KME Group, CNMC Albetter Copper Co Ltd, CHALCO, Wieland, Anhui Xinke, KME GERMANY GMBH, Poongsan, GB Holding, Poongsan, Jintian Group, Furukawa |
This chapter will help you gain GLOBAL Market Analysis of Copper Strips. Further deep in this chapter, you will be able to review Global Copper Strips Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Copper Strips. Further deep in this chapter, you will be able to review North America Copper Strips Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Copper Strips. Further deep in this chapter, you will be able to review Europe Copper Strips Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Copper Strips. Further deep in this chapter, you will be able to review Asia Pacific Copper Strips Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Copper Strips. Further deep in this chapter, you will be able to review South America Copper Strips Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Copper Strips. Further deep in this chapter, you will be able to review Middle East Copper Strips Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Copper Strips. Further deep in this chapter, you will be able to review Middle East Copper Strips Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Copper Strips. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Outlook: Analysis 2019 -2031, will provide market size split by Type Outlook:. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Outlook: Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by ApplicationOutlook: Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Copper Strips market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 13 Research Methodology and Sources
Why Less than Copper Strips have a significant impact on Copper Strips market? |
What are the key factors affecting the Less than Copper Strips and 6-10mm Copper Strips of Copper Strips Market? |
What is the CAGR/Growth Rate of Machinery Industry during the forecast period? |
By type, which segment accounted for largest share of the global Copper Strips Market? |
Which region is expected to dominate the global Copper Strips Market within the forecast period? |
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