Product Code: ETC274354 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Myanmar Copper Scrap market currently, in 2023, has witnessed an HHI of 10000, Which has decreased substantially as compared to the HHI of 10000 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The copper scrap market in Myanmar is driven by the recycling industry, which plays a significant role in sustainable resource management and raw material supply for manufacturing. Copper scrap is sourced from various sources, including electrical cables, plumbing fixtures, and industrial machinery. As environmental regulations tighten and the circular economy gains momentum, the demand for copper scrap recycling is expected to rise in Myanmar.
The copper scrap market in Myanmar is witnessing robust growth driven by several key factors. Firstly, the increasing demand for copper raw materials by the manufacturing, construction, and electronics industries is driving the consumption of copper scrap. Copper scrap is a valuable source of raw material for producing copper alloys, wires, cables, pipes, and other copper-based products due to its high recyclability and cost-effectiveness.
The copper scrap market in Myanmar encounters various challenges, including regulatory barriers and enforcement issues related to the import and export of scrap materials. Inconsistent enforcement of trade regulations and customs procedures poses challenges for businesses involved in the copper scrap trade, leading to delays and disruptions in supply chains. Additionally, concerns regarding environmental and health impacts associated with the recycling and processing of copper scrap hinder market growth and investment in the sector. Moreover, competition from alternative sources of raw materials, such as primary copper production and copper concentrates, further complicates market dynamics and constrains profitability for scrap dealers and recyclers in Myanmar.
In the copper scrap market, Myanmar government enforces policies to regulate the collection, processing, and trading of copper scrap materials. These policies aim to prevent illegal scrap trade, promote recycling initiatives, and ensure environmental sustainability. Additionally, there are regulations governing scrap import/export licenses, quality standards, and pricing mechanisms to maintain market integrity and safeguard against fraudulent activities.
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 Myanmar Copper Scrap Market Overview |
3.1 Myanmar Country Macro Economic Indicators |
3.2 Myanmar Copper Scrap Market Revenues & Volume, 2021 & 2031F |
3.3 Myanmar Copper Scrap Market - Industry Life Cycle |
3.4 Myanmar Copper Scrap Market - Porter's Five Forces |
3.5 Myanmar Copper Scrap Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Myanmar Copper Scrap Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for copper in various industries such as construction, electronics, and automotive sectors. |
4.2.2 Growing awareness about the benefits of recycling copper scrap to reduce environmental impact. |
4.2.3 Government initiatives to promote sustainable practices and recycling efforts in Myanmar. |
4.3 Market Restraints |
4.3.1 Fluctuating global copper prices affecting the profitability of the scrap market. |
4.3.2 Lack of advanced recycling infrastructure and technology in Myanmar. |
4.3.3 Regulatory challenges and compliance issues related to scrap metal trading in the country. |
5 Myanmar Copper Scrap Market Trends |
6 Myanmar Copper Scrap Market, By Types |
6.1 Myanmar Copper Scrap Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Myanmar Copper Scrap Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 Myanmar Copper Scrap Market Revenues & Volume, By Wire Rod Mills, 2021-2031F |
6.1.4 Myanmar Copper Scrap Market Revenues & Volume, By Brass Mills, 2021-2031F |
6.1.5 Myanmar Copper Scrap Market Revenues & Volume, By Ingot Makers, 2021-2031F |
6.1.6 Myanmar Copper Scrap Market Revenues & Volume, By Foundries and Other Industries, 2021-2031F |
7 Myanmar Copper Scrap Market Import-Export Trade Statistics |
7.1 Myanmar Copper Scrap Market Export to Major Countries |
7.2 Myanmar Copper Scrap Market Imports from Major Countries |
8 Myanmar Copper Scrap Market Key Performance Indicators |
8.1 Percentage increase in the adoption of copper scrap recycling practices in Myanmar. |
8.2 Average processing efficiency and output of copper scrap recycling facilities. |
8.3 Reduction in carbon footprint and energy consumption per unit of copper scrap recycled. |
8.4 Number of partnerships and collaborations between government bodies, industry players, and recycling organizations to promote sustainable copper scrap practices. |
8.5 Improvement in public awareness and education campaigns about the benefits of recycling copper scrap. |
9 Myanmar Copper Scrap Market - Opportunity Assessment |
9.1 Myanmar Copper Scrap Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Myanmar Copper Scrap Market - Competitive Landscape |
10.1 Myanmar Copper Scrap Market Revenue Share, By Companies, 2024 |
10.2 Myanmar Copper Scrap Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |