Copper Cathode Market Overview
The Copper Cathode Market is expected to be worth over USD 22.61 billion in 2021, with a CAGR of nearly 5.91% from 2023 to 2030. By 2030, the market is expected to be worth around USD 36.95 billion.
In the coming days, the global copper cathode market is likely to benefit from the growing use of copper cathode in a range of applications. Copper cathode is a good electrical conductor, and refined copper cathode is used for applications that don't require a lot of conductivity. A refined copper cathode is ideal for items that do not require a high level of conductivity and are simple to manufacture.
Strict criteria for cast rods, the existence of high-grade cathode standards, and developments in refining technologies are driving the global copper cathode market. Copper cathodes are used as a feedstock for the production of high-purity copper and copper alloys, a factor that is expected to drive the global copper cathode market ahead. The copper cathode has several advantages. It is a good conductor of electricity, for example. It has excellent resisting properties. The refined copper cathode can be utilized for products that don't need a lot of conductivity and are simple to install. All these aspects are propelling the growth of the global Copper Cathode Market.
On the other hand, copper cathode market restraints include its weak resistance to abrasion and common acids, as well as its low tensile strength.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Refining Process Type, Application, and Region. |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | Kennecott Utah Copper,Jiangxi Copper Corporation,Semtech,Texas Instruments Incorporated,RS Components Ltd,Daye Non-Ferrous Metals Co.,Birla Group Hindalco,Sumitomo Metals Mining,ROHM CO. LTD.,Aurubis. |
Covid-19 Impact on Copper Cathode Market
The ongoing COVID-19 pandemic conditions have severely affected every sector around the world. Whereas, the chemicals and materials sectors were moderately affected during the pandemic. This is primarily due to the uncut demand for chemicals for healthcare, life science, and cleaning agents. However, other elements of chemical and material sectors such as paints, industrial oil, construction materials are facing diminution in demand. Strict lockdown resulted in a nearly 50-60% reduction in supply for raw materials, which directly affected the manufacturing process. Further, halt on many end-use industries directly affected the chemical demand all around the world.
Copper Cathode Market Segment Overview
Based on the Refining Process Type, Smelting is one of the main segments in the global Copper Cathode Market. Smelting is a type of refinement technique used to extract pure copper from its ore. To achieve a pure copper cathode, it uses heat and chemical reducing agents to decompose copper ore, remove undesirable slag, and other materials. Moreover, Electro-Refining is another main segment in the market. Electro-refining is a technique that involves recovering pure copper cathode from copper ore in the presence of an aqueous solution. The majority of the copper cathode is produced through electro-refining.
Copper Cathode Market, By Refining Process Type
· Smelting
· Electro-Refining
Copper Cathode Market, By Application
· Oil & Gas
· Chemical Labs
· Other Industries
Copper Cathode Market Regional Overview
The global Copper Cathode market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The Asia Pacific is the most prominent region for the global Copper Cathode market. Due to rising urbanization and industrialization, Asia Pacific countries such as China, India, Japan, and Australia lead the copper cathode market. As the US government prepares to rebuild and enhance its existing infrastructure, demand for the copper cathode is likely to surge in North America. Copper cathode demand is quickly expanding in European countries such as the United Kingdom, Germany, and France, owing to the development of efficient and cost-effective smart cities and industrial sectors.
Copper Cathode Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Copper Cathode Market, Key Players
· Kennecott Utah Copper
· Jiangxi Copper Corporation
· Semtech
· Texas Instruments Incorporated
· RS Components Ltd
· Daye Non-Ferrous Metals Co.
· Birla Group Hindalco
· Sumitomo Metals Mining
· ROHM CO. LTD.
· Aurubis
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the global Copper Cathode market?
Strict criteria for cast rods, the existence of high-grade cathode standards, and developments in refining technologies are driving the global copper cathode market.
Q2. What are the restraining factors for the global Copper Cathode market?
Copper cathode market restraints include its weak resistance to abrasion and common acids, as well as its low tensile strength
Q3. Which segment is projected to hold the largest share in the global Copper Cathode market?
The smelting segment is projected to hold the largest share in the global Copper Cathode market
Q4. Which region holds the largest share in the global Copper Cathode market?
The Asia Pacific holds the largest share in the global Copper Cathode market
Q5. Which are the prominent players in the global Copper Cathode market?
Kennecott Utah Copper, Jiangxi Copper Corporation, Daye Non-Ferrous Metals Co., Birla Group Hindalco, and Sumitomo Metals Mining. are some key players in the global Copper Cathode market
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Copper Cathode Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Refining Process Type
- 5.2.1. Smelting
- 5.2.2. Electro-Refining
- 5.3. Market Analysis, Insights and Forecast – By Application
- 5.3.1. Oil & Gas
- 5.3.2. Chemical Labs
- 5.3.3. Other Industries
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East and Africa
6. North America Copper Cathode Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Refining Process Type
- 6.2.1. Smelting
- 6.2.2. Electro-Refining
- 6.3. Market Analysis, Insights and Forecast – By Application
- 6.3.1. Oil & Gas
- 6.3.2. Chemical Labs
- 6.3.3. Other Industries
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe Copper Cathode Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Refining Process Type
- 7.2.1. Smelting
- 7.2.2. Electro-Refining
- 7.3. Market Analysis, Insights and Forecast – By Application
- 7.3.1. Oil & Gas
- 7.3.2. Chemical Labs
- 7.3.3. Other Industries
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific Copper Cathode Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Refining Process Type
- 8.2.1. Smelting
- 8.2.2. Electro-Refining
- 8.3. Market Analysis, Insights and Forecast – By Application
- 8.3.1. Oil & Gas
- 8.3.2. Chemical Labs
- 8.3.3. Other Industries
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Copper Cathode Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Refining Process Type
- 9.2.1. Smelting
- 9.2.2. Electro-Refining
- 9.3. Market Analysis, Insights and Forecast – By Application
- 9.3.1. Oil & Gas
- 9.3.2. Chemical Labs
- 9.3.3. Other Industries
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2021
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Kennecott Utah Copper
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Jiangxi Copper Corporation
- 10.6. Daye Non-Ferrous Metals Co.
- 10.7. Birla Group Hindalco
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
