IndexBox has just released a new report "U.S. Copper And Copper Alloy Products Market - Analysis And Forecast to 2025".
According to the report, the value of copper and copper alloy product production in the U.S. amounted to $15.8B in 2016, reducing by -15.7% Y-o-Y. Overall, the U.S. copper and copper alloy product output pursued a considerable decline from 2007 to 2016. The total output figures decreased at an average annual rate of -4.2%. The trend pattern, however, indicated some noticable fluctuations throughout the analyzed period. The most pronounced growth was recorded in 2010, when the value of production increased by +45% Y-o-Y. Over the period under review, the output figure with regard to copper and copper alloy product in the United States peaked at $22.7B in 2014, leveling off in the following year.
Copper and copper-base alloy rod, bar, and shapes accounted for the highest share (28% in 2016) of U.S. copper and copper alloy product manufacturing, leaving a considerable room for copper wire and cable, including apparatus wire, cord, and flexible cord sets, made in copper wire drawing plants (20%). The other related products with less notable individual shares together comprised approx. 51% of the total output. From 2008 to 2016, the value of shipments of copper and copper-base alloy rod, bar, and shapes descended at an average annual rate of -6.4%. At the same time, the output of copper wire and cable, including apparatus wire, cord, and flexible cord sets, made in copper wire drawing plants declined by an average -2.5% per year.
This report is designed to provide accurate and comprehensive data, as well as a detailed analysis of the current state and midterm prospects of the U.S. copper and copper alloy industry. It includes a market overview, which consolidates the key conclusions made from the analysis of the market study, revealing actionable insights in the copper and copper alloy industry. The report provides a forecast of the expected changes in the copper and copper alloy market in coming years, based on historical trends, external and internal factors, and the main developments affecting the market. Each section contains an in-depth analysis of the data provided. Further data in the report includes: the historical values and current projections regarding production and consumption volume, datasets on the industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.
The trade section provides data on trade partners, such as historical data on imports & exports for each partner country, changes in the direction of trade, as well as import & export prices. An analysis of the copper and copper alloy trade shows the opportunities that are currently evolving for producers and suppliers in a changing market.
Product coverage: Copper wire, bare and tinned (nonelectrical), made in rolling mills; Copper and copper-base alloy wire, strand, and cable, made in plants that draw wire; Copper and copper-base alloy rod, bar, and shapesCopper wire and cable, including apparatus wire, cord, and flexible cord sets, made in copper wire drawing plantsCopper and copper-base alloy sheet, strip, and plateCopper magnet wire made in plants that draw wireCopper and copper-base alloy pipe and tube; Secondary smelting, refining, and alloying of copper; Copper rolling, drawing, extruding, and alloying, nsk, total.
Companies mentioned:
Southwire Company, General Cable Corporation, Belden Inc., Monster, Tensolite, Hcl Liquidation Ltd., The Okonite Company , Champlain Cable Corporation, Rscc Wire & Cable , Global Brass and Copper, Cerro Flow Products , Cerro Wire, Aurubis Buffalo, Alan Wire Company, Wolverine Tube, Heyco Inc., Belden Wire & Cable Company , Gd Copper (u.s.a.), Alcan Corporation, Materion Brush , Wieland Copper Products, Camden Wire Co, Mueller Copper Tube Products, Mueller Brass Co., International Wire Group, Phelps Dodge Africa Cable Corporation, Huber + Suhner (usa) Corporation, General Cable Industries, Global Brass and Copper Holdings, Gbc Metals, Mueller Brass Holding Company, Heyco Products, International Wire Group.
IndexBox’s methodology consists of obtaining information from a list or highly reliable sources (both paid and open), which include, but are not limited to:
- International official statistical agencies
- Governmental statistical agencies
- Official trade statistics
- Paid trade databases
- Industrial associations
- Company reports
- Industry experts
The AI platform, developed by IndexBox data scientists, compares the disparate pieces of information gathered from various sources, using the relevant methods of data cleaning, categorization, normalization, and predictive modelling for each unique situation. The market trends are provided by our experienced analysts, taking into account recent notable events in the market, in both adjacent and related markets, the raw materials markets, and in those markets, which are the main demand creators for the product under research. The forecast is created using a set of predictive and analytical models, mainly by processing country-by-country data on consumption, production, exports, imports and prices, as well as industry, economic and consumption trends, in addition to possible political and technological trends patterns.
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