United States (US) Copper Market (2025-2031) | Analysis, Share, Value, Industry, Size, Forecast, Companies, Trends, Growth, Outlook & Revenue

Market Forecast By Applications (Building & Construction, Electrical & Electronics, Industrial Machinery & Equipment, Transportation, Consumer & General Products), By Product Type (Rods and Wires, Plates and Strips, Tubes, Others) And Competitive Landscape
Product Code: ETC008481 Publication Date: Oct 2020 Updated Date: Nov 2025 Product Type: Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

United States (US) Copper Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The United States saw a significant increase in copper import shipments in 2024, with top exporting countries including Chile, Canada, Peru, Dem. Rep. of the Congo, and Mexico. The market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was a robust 20.03%, reflecting strong demand for copper. Additionally, the growth rate from 2023 to 2024 surged to 27.73%, indicating a particularly rapid expansion in the import market for copper in the United States.

United States (US) Copper Market Top 5 Importing Countries and Market Competition (HHI) Analysis

USA Export Potential Assessment For Copper Market (Values in USD Thousand)


USA Export Potential Assessment For Copper Market (Values in USD Thousand)

Key Highlights of the Report:

  • United States (US) Copper Market Outlook
  • Market Size of United States (US) Copper Market, 2024
  • Forecast of United States (US) Copper Market, 2031
  • Historical Data and Forecast of United States (US) Copper Revenues & Volume for the Period 2021 - 2031
  • United States (US) Copper Market Trend Evolution
  • United States (US) Copper Market Drivers and Challenges
  • United States (US) Copper Price Trends
  • United States (US) Copper Porter's Five Forces
  • United States (US) Copper Industry Life Cycle
  • Historical Data and Forecast of United States (US) Copper Market Revenues & Volume By Applications for the Period 2021 - 2031
  • Historical Data and Forecast of United States (US) Copper Market Revenues & Volume By Building & Construction for the Period 2021 - 2031
  • Historical Data and Forecast of United States (US) Copper Market Revenues & Volume By Electrical & Electronics for the Period 2021 - 2031
  • Historical Data and Forecast of United States (US) Copper Market Revenues & Volume By Industrial Machinery & Equipment for the Period 2021 - 2031
  • Historical Data and Forecast of United States (US) Copper Market Revenues & Volume By Transportation for the Period 2021 - 2031
  • Historical Data and Forecast of United States (US) Copper Market Revenues & Volume By Consumer & General Products for the Period 2021 - 2031
  • Historical Data and Forecast of United States (US) Copper Market Revenues & Volume By Product Type for the Period 2021 - 2031
  • Historical Data and Forecast of United States (US) Copper Market Revenues & Volume By Rods and Wires for the Period 2021 - 2031
  • Historical Data and Forecast of United States (US) Copper Market Revenues & Volume By Plates and Strips for the Period 2021 - 2031
  • Historical Data and Forecast of United States (US) Copper Market Revenues & Volume By Tubes for the Period 2021 - 2031
  • Historical Data and Forecast of United States (US) Copper Market Revenues & Volume By Others for the Period 2021 - 2031
  • United States (US) Copper Import Export Trade Statistics
  • Market Opportunity Assessment By Applications
  • Market Opportunity Assessment By Product Type
  • United States (US) Copper Top Companies Market Share
  • United States (US) Copper Competitive Benchmarking By Technical and Operational Parameters
  • United States (US) Copper Company Profiles
  • United States (US) Copper Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 United States (US) Copper Market Overview

3.1 United States (US) Country Macro Economic Indicators

3.2 United States (US) Copper Market Revenues & Volume, 2021 & 2031F

3.3 United States (US) Copper Market - Industry Life Cycle

3.4 United States (US) Copper Market - Porter's Five Forces

3.5 United States (US) Copper Market Revenues & Volume Share, By Applications, 2021 & 2031F

3.6 United States (US) Copper Market Revenues & Volume Share, By Product Type, 2021 & 2031F

4 United States (US) Copper Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growth in construction and infrastructure projects driving demand for copper wiring and piping.

4.2.2 Increasing adoption of electric vehicles and renewable energy technologies boosting copper consumption.

4.2.3 Technological advancements in telecommunications and electronics leading to higher copper usage.

4.3 Market Restraints

4.3.1 Fluctuations in copper prices due to global economic conditions impacting market stability.

4.3.2 Competition from alternative materials such as aluminum and fiber optics affecting demand for copper.

4.3.3 Environmental regulations and sustainability concerns influencing production and usage of copper.

5 United States (US) Copper Market Trends

6 United States (US) Copper Market, By Types

6.1 United States (US) Copper Market, By Applications

6.1.1 Overview and Analysis

6.1.2 United States (US) Copper Market Revenues & Volume, By Applications, 2021 - 2031F

6.1.3 United States (US) Copper Market Revenues & Volume, By Building & Construction, 2021 - 2031F

6.1.4 United States (US) Copper Market Revenues & Volume, By Electrical & Electronics, 2021 - 2031F

6.1.5 United States (US) Copper Market Revenues & Volume, By Industrial Machinery & Equipment, 2021 - 2031F

6.1.6 United States (US) Copper Market Revenues & Volume, By Transportation, 2021 - 2031F

6.1.7 United States (US) Copper Market Revenues & Volume, By Consumer & General Products, 2021 - 2031F

6.2 United States (US) Copper Market, By Product Type

6.2.1 Overview and Analysis

6.2.2 United States (US) Copper Market Revenues & Volume, By Rods and Wires, 2021 - 2031F

6.2.3 United States (US) Copper Market Revenues & Volume, By Plates and Strips, 2021 - 2031F

6.2.4 United States (US) Copper Market Revenues & Volume, By Tubes, 2021 - 2031F

6.2.5 United States (US) Copper Market Revenues & Volume, By Others, 2021 - 2031F

7 United States (US) Copper Market Import-Export Trade Statistics

7.1 United States (US) Copper Market Export to Major Countries

7.2 United States (US) Copper Market Imports from Major Countries

8 United States (US) Copper Market Key Performance Indicators

8.1 Average copper price index.

8.2 Percentage of copper used in electric vehicles and renewable energy sources.

8.3 Copper recycling rate.

8.4 Number of new construction and infrastructure projects utilizing copper.

8.5 Investment in copper mining and production technologies.

9 United States (US) Copper Market - Opportunity Assessment

9.1 United States (US) Copper Market Opportunity Assessment, By Applications, 2021 & 2031F

9.2 United States (US) Copper Market Opportunity Assessment, By Product Type, 2021 & 2031F

10 United States (US) Copper Market - Competitive Landscape

10.1 United States (US) Copper Market Revenue Share, By Companies, 2024

10.2 United States (US) Copper Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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