(EMAILWIRE.COM, August 07, 2023 ) As per Maximize Market research, the Copper Scrap Market was USD 64.25 Bn in 2022 and is expected to grow at a CAGR of 4.2 percent over the forecast period to reach USD 85.70 Bn by 2029.
Copper Scrap Market Report Scope and Research Methodology
The Copper Scrap Market Report aims to analyse the global copper scrap industry comprehensively. It covers market size, trends, drivers, and challenges. The research methodology includes data collection, analysis, and validation from primary and secondary sources to provide accurate and insightful information for decision-making in the copper scrap market.
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Copper Scrap Market Dynamics
The Copper Scrap Market Dynamics are influenced by factors such as industrial growth, construction activities, infrastructure development, recycling trends, and copper prices. Additionally, environmental regulations and global demand for sustainable practices play a crucial role in shaping the market dynamics for copper scrap.
Copper Scrap Market Regional Insights
Asia Pacific region dominates the global Copper Scrap Market in the year 2022. The increasing demand for copper and copper-based products accelerates the market growth market. The region’s demand for copper scrap is primarily driven by the manufacturing and construction sectors.
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Copper Scrap Market Segmentation
By Type
Copper Wire and Cable
Copper Tubing
Copper Radiators
Copper Transformers
Other
By Source
Industrial Scrap
Post-consumer Scrap
Construction scrap
Other
By End-users Industry
Construction
Electrical and Electronics
Automotive
Machinery and Equipment
Renewable Energy
Copper Scrap Market Key Competitors include:
Aurubis
Commercial Metals
Sims Limited
HKS Metals
Jansen Recycling Group
Kuusakoski
Enerpat Group
European Metal Recycling
Olin Brass
OmniSource Corporation
Trademark Metals Recycling LLC
Mallin Companies
David J. Joseph
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Maximize Market Research is leading Material & Chemical research firm, has also published the following reports:
Aluminium Fluoride Market– The market size is expected to reach USD 1976.24 Mn by 2029 at a CAGR of 2.51 percent during the forecast period.
Welded Pipes Market– The Market size is expected to reach USD 357.94 Bn by 2029 at a CAGR of 5.8 percent during the forecast period.
About Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and defense, and other manufacturing sectors.