The Copper, Zinc and Lead Refining industry encountered challenging market conditions over the five years to 2014. Plummeting copper and zinc prices coupled with reduced downstream demand hurt industry revenue in 2009. Following the recession, increases in the price of copper and other industry metals, along with rising demand from the manufacturing sector, spurred double-digit growth in 2010 and 2011. However, industry revenue contracted again in 2012, due to crumbling metal prices, as a result of weak international demand. In the five years to 2019, although activity in the construction and manufacturing sectors is currently gaining ground, the price of copper is projected to decrease, tempering the industry's growth.
Companies in this industry smelt or refine nonferrous metals other than aluminum. The refining process includes the use of electrolytic methods, as well as more traditional furnace-based procedures. Additionally, industry operators that refine gold typically do so on a fee-for-service basis.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.