Global Copper Strips Market Outlook 2022

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.
Asia-Pacific is the largest market with about 52% market share. Europe and North America are follower, accounting for about 41% market share.
The key players are Aurubis, KME, Mitsubishi Shindoh, GB Holding, Wieland, Poongsan, CHALCO, MKM, Jintian Group, Furukawa Electric, Xingye Copper, Anhui Xinke, CNMC, Dowa Metaltech, EGM Group etc. Top 5 companies occupied about 31% market share.

Market Analysis and Insights: Global Copper Strips Market
The global Copper Strips market was valued at US$ 15810 million in 2020 and it is expected to reach US$ 20440 million by the end of 2027, growing at a CAGR of 3.9% during 2021-2027.

Global Copper Strips Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Copper Strips Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Below 6mm Copper Strips
6-10mm Copper Strips
Above 10mm Copper Strips

Segment by Application
Machines
Architecture and Art
Electric Appliances
Others

By Company
Aurubis
KME
Mitsubishi Shindoh
GB Holding
Wieland
Poongsan
CHALCO
MKM
Jintian Group
Furukawa Electric
Xingye Copper
Anhui Xinke
CNMC
Dowa Metaltech
EGM Group

Production by Region
North America
Europe
China
Japan
Korea

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E